It depends on who you consider "very rich" and where the condos are. In many cities, a modest 1- or 2-bedroom condo can go anywhere from $500K to over $1M. The

It depends on who you consider "very rich" and where the condos are. In many cities, a modest 1- or 2-bedroom condo can go anywhere from $500K to over $1M. The people who buy them are not extravagantly wealthy, but are part of the executive class that has seen its wages rise rapidly over the past 30 years, while median incomes are comparatively flat.