This author seems to believe that Gossip Girl is really just a plot by the subprime debt market that is just itching to entice ignorant, naive "country folk" to move to New York and plunk down egregious sums for a tiny piece of real estate.

If you want to criticize television, or a particular show for distorting reality, how about the whole motion picture/television industry, which is made up of super attractive people? I think constantly being assaulted by unattainable images are far more damaging than delusional real estate value.