• tempest
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    1 year ago

    It really depends on how you choose to define ‘wealthy’.

    Developers love to make 1BR 500 sqft condos as they are the most profitable. They make very few 3 bedroom / penthouse type condos which makes it very hard to raise a family in the cities where they favour these 1BR condos. Those 1BR condos still sell for 500k though, so like I said, it depends on how you define wealthy.