The Real Deal New York

From the March issue: “Sex and the City,” season four: Carrie is at brunch with her girlfriends, complaining about the prospect of having to buy her beloved apartment. “I’m a New Yorker,” she protests. “I rent.” Cut to the rest of the ladies, who gently inform her that they all own. A few years ago, New Yorkers were like Carrie the television character — they might have assumed that they’d never be homeowners, but suddenly they were buying into the real estate market by the hour. And why not? Prices were going up, and for many, it didn’t make financial sense not to. But times have changed.