Don't assume that these particular owners are the norm. They are highlighted in the article because of the unusual situation with the takeover by a developer.

Don't assume that these particular owners are the norm. They are highlighted in the article because of the unusual situation with the takeover by a developer. The more typical condo buyer looks more like a senior on a fixed income looking to downsize or a first time buyer in a expensive city who can't possibly afford a single family home.