Basically a twist on the best properties are in the strongest hands case I have presented for years. It is what CAR is facing trying to pluck one of those cherries in an established NCC neighborhood. Its hard to get one in any market, good or bad. Its sounds like the other CV is the same as well. I’d bet its the same in PQ also. Any established neighborhood will have the prime properties and those lucky enough to have one rartely let them go.
BTW, the strongest hands dont necessarily have to be the wealthiest. One of my favorite properties in Encinitas is owned free and clear by an older woman who works as the “lunch lady” at a local elementary school. She’s been there for years and would never think of selling or taking cash out in a refi. She knows what she has and that not only could she never get something like that again but that no one could get what she has even if they have tons of money. She lives a simple life and loves the life she lives. Thats as strong a hand as I’ve seen.
