Deadzone
Why does the demand for 1M have to have to have a limited lifespan. I think it is growing. Just got a call from a friend looking for advice. His father in law just died and left him a house in Palos Verdes, a house in Arlington VA and 40 acres in Sonoma. Just another example of wealth transfers from generations.

As for NCC $1M properties, most of them werent built until well after the mid 90’s. There are now high end planned communities that are wonderful places to raise an upper middle class family. There are now communities that attract a class of people which did not exist 15 years ago.

A good friend of mine just sold his coop in NYC pocketing several hundred K. he is a very successful consultant and works from home. he’s renting in my hood and will be a buyer in the enxt 12 to 24 months. I just got an email from my brothers best friend who is one of the top AIDS specialists in the world. He has been traveling the world consulting to 3rd world countries for about 20 years but at 50 he finally got married and had some kids. He’s moving here in the next year once he wraps up a couple more assignments because it is the perfect place to raise the family. This all happened to me and there are alot more people in this world than me. i dont know anyone in the grand scheme of things and these 3 happened in the last week.