Vicious Cycle

The New York Times has a vested interest in promoting the "New York Life Style" since more New Yorkers with disposable income are their core audience. That said, they may not be the most non-biased source to complain about how it is impossible to live in New York on a paltry $500,000 a year salary. I think this entire article smacks of the kind of elitism and entitlement that is the root of problems in the financial sector.