IHT Rendezvous: As Russian Real Estate Money Floods in, Could New York Go the Way of London?

http://www.nytimes.com/

IHT Rendezvous: As Russian Real Estate Money Floods in, Could New York Go the Way of London?

Rich foreigners have made real estate in central London all but inaccessible to most Brits. Can you imagine a Manhattan where even most well-off Americans couldn’t afford to buy?