Quote:
Originally Posted by hulkrogan
I think they are trying to establish that this will be an upscale part of town early, but I hope something reasonably priced follows up very quickly. The faster they get people in, the more value in living in that neighborhood. I hope it does well.
|
You can be upscale and still offer value. If those 1 beds for 357k are 900 square feet, then that's a spacious floor plan and still good value. If they're 357k for 550 sq ft in an area with no amenities yet, I think they'll have a hard time selling them, since it's basically all hinged on the neighbourhood developing into something in the future.
But if you're already paying for all the upside, why take the risk that it doesn't happen?