Manhattan has been the lone holdout in the housing crash. That is about the end. Manhattan is going to be hit hard over the next 24 months.
The lamestream media is predicting that high fuel prices will drive people into the cities. This is wishful leftist thinking. With suburban house prices so cheap the envious city dwellers will move out of their tiny places and into real sized houses and buy real sized cars. They spend so of their time focusing on what the suburbanites should be doing they've obviously got their green monster eye on the suburban lifestyle.