Bubble Wrap

Softer landing?

Stating the obvious (and the not so obvious), UrbanDigs reaches the conclusion that, where there to be a slowdown, in NYC it would be softer and arrive later.

Manhattan being an island, the large number of rich and almost-rich people who need to live somewhere, and the fact that co-ops (what “75% of the city is made up of”) make it harder to speculate with real estate, are all listed as reasons as to why the bubble popping would be gentler in Gotham City.