The reports of a New York real estate bubble must be greatly exaggerated, if one considers this recent job posting from Craigslist:

"The Real Deal, the only monthly magazine exclusively covering the New York City real estate market, is searching for freelance writers. We are looking for someone who is excited about business reporting, who sees the possibility for great stories in the most competitive real estate market in the world, and who is willing to go up against media rivals for scoops. Negotiable per-word payments and opportunities to grow with 40,000-circulation, fast-expanding trade magazine that the New York Post labeled "the hot new real estate glossy" and that recently launched the nation's first real estate Podcast."