Architecture vs Real Estate

An Architecture posted an interesting article about real estate costs in different prime locations around the world:

"Usually real estate isn’t a big topic in architects’ education, however, architect should be aware of the value of their work. Especially how to deal with non architecture related circumstances causing a serious impact to a project (and that's basically location).

Surprisingly the growing economies still have low housing prices compared to hot-: spots in London and New York. Anyway, it’s still far from social housing."

I totally agree with the folks at 'An Architecture', especially now that I am looking for an apartment in NYC... the price of real estate is crazy up here!