3 ms·
It has only expanded to mean that in the couple of most expensive cities to live in in the world. And, really, having a single family home in, say, the middle
by Kamq 3y ago
It has only expanded to mean that in the couple of most expensive cities to live in in the world.
And, really, having a single family home in, say, the middle of new york city IS a marker of wealth. You're displacing however many people could live there if there were apartments.
- georgyo 3y agoA single family home can be an apartment. It's a _home_ not necessarily a house. Just like a 600 sqft studio in Manhattan can be a "mansion" because it is over a million dollars. Many people living in New York rent, with no ability to afford a down payment to own. The maker of wealth is not them.
- Kamq 3y agoGenerally speaking, at least with in realty, a single family home is a term used to mean a specific thing. Specifically, a single-family home has no shared property but is built on its own parcel of land. Additionally it can have no common-walls. So townhomes and apartments do not count. This is also called a detached-home in some places. And based on the context from the earlier post, I'm pretty sure what they meant, but if jfghi comes back and clarifies, I'll withdraw my statement. I don't think anyone thinks renting an apartment is bourgeoisie. However, renting a detached-home in the middle of Manhattan would definitely qualify. Edit, including a source from realtor.com about their definition: https://www.realtor.com/advice/buy/what-is-a-single-family-home/ https://www.realtor.com/advice/buy/what-is-a-single-family-h...