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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do you need a middle?

Most rich towns often have rich homes and a poorer section where the maids, landscapers, handiman live.

I mean does Beverly Hills, Palm Beach and Aspen concerned about the middle?

No [/quote]

Don't worry, this will actually help get rid of the middle class, as old-time, middle and lower-class homeowners sell out to developers. And then upper-class people move into the new duplex, townhouses, and multiplexes. It's a developer's dream.[/quote]

Yep. All the “entry level” SFH homes will be bought by all cash investors.[/quote]

That was already happening. Except for unbuildable lots. [/quote]
Not really. Improved older homes are usually too expensive to be tear downs[/quote]

If they are "improved" then they aren't really "entry level". 
[/quote]

Arlington agent here. I sell many improved homes in the $1m to $1.8m range to first time homebuyers.   Arlington has a lot of young people with tech money.    [/quote]

I agree. I’m an empty nester who bought a 1.5m down size townhouse 6 years ago. We were deciding between a 2M condo and a townhouse at the time. I was surprised to learn about a 3rd of the units, about 10, were purchased by 20 somethings whose parents bought it for them.[/quote]

So not exactly "entry level" if they couldn't afford to buy it themselves. 
[/quote]

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