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Real Estate
Reply to "Americans locked into lower mortgage rates have been increasingly unwilling to sell their homes."
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[quote=Anonymous]One new luxury condo building in Manhattan a few years back did 50 percent 2-3 bedrooms units and 50 percent studio units. With first rights for studios to purchasers or large units. Thought as nanny would live in unit. Instead they were bought mainly by parents of the purchasers. One couple said they live down hall their grown kids, baby sit grandkids, use gym, pool, doorman, of building and do thanksgiving and Xmas in building. They are on same floor so even hallway extension of living space as kids can go back and forth on own. Really is smart [/quote]
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