Boss u so familiar in props u should know it well pricing is for current not for future ma. Even central park turning into shitty pond in the future the price for today it's still central park.

Siudai mentioned many times siudai prefer condos at west side. Hopefully I'm korek in the future say 15yrs.

If property could sell easily, won't be transacted at bmv. with number of investors in dpc, there will be many more than 1 unit selling at bmv.

property price is among the least if not the least transparent of all investment assets; asking, transacted, valuation, market, etc price could be substantially different.
Number of bmv property available is correlated to number of investors/flippers.

Most of those staying in dpc are new money people. Profile and lifestyle is different from old money.

New money people tend to be more aggressive in investment and likely to get caught when the tide turned.

those on expensive lifestyle e.g dpc residents are more likely stressed in time of economic recession.
If property price rise without corresponding rise in income, price will become unsustainable. A reason why overhang is widening and price stagnant in last few years. Property is illiquid, price takes years to bottom.

T10 may have plenty cash but few of M40 do else household debts won't be at elevated level. Dead cat bounce is common in stocks market e.g o&g counters a few years back.

Long term equilibrium always prevail. until overhang is reduced substantially, price remain suppressed. until price become affordable, price is unsustainable.

How many dpc units will be sold at bmv could find out from later next year.