As some of you know, I work in real estate as a consultant. My recent duties have put me in NYC as part of a 3 person team that is creating a luxury development company. NYC is one of those markets that has been somewhat insulated from the meltdown over the past few years. Yes, there was a precipitous drop, but prices have not reached pre-crash levels and in many cases, in the luxury market, there is limited supply which has created prices to rise in key markets that are based on simple economics....demand exceeds supply and there is little or no supply in the pipeline at the moment. I have put together a great property that will return to the partners (say $10 for simplicity sake) 3 time their initial investment plus their original investment. ($10 + $30 = $40 total). The investment timeline is 2 years. I have always been concerned about when the crash is going to happen, when we will default, etc, but I felt the world would have stopped propping this country up a few years back. It looks like Europe is worse off that we are and China is not ready to be pushed to the front of the fiat pack, so the world will have to deal with USD for a bit longer. Would you take the risk with a handsome chunk of money over the next few years with a project like this if you knew the end result would be that you could step out of the working world as we know it and pursue greener prepratory pastures?