HOW do people do it? Or rather, how do people who have not been given a trust fund or a condo for graduation do it?

For people at the bottom of the property ladder, it is sobering to try to enter the real estate market in New York, where the average price of an apartment, $1.3 million, is up 30 percent from the same quarter last year. Even the median, $775,000, is up 24 percent, according to Miller Samuel, a real estate appraisal firm... READ MORE