The economy is crashing harder than Travis Barker’s plane, so why are some New Yorkers breathing a sigh of relief?
I’d say it was about 15 minutes after Lehman Brothers suffered total existence failure that I got the first instant message: “At least maybe now I’ll be able to afford an apartment.”
This wasn’t just whistling in the economic dark. It’s a sad fact that the “good times” that have now ended were great for Wall Street types and those who service them (high-end restaurateurs, yacht salesmen), but less so for the rest of us…