DeStewart

909 West Elm Street

Architecture

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“Million-dollar homes in the U.S. are selling at double their historical average while middle-class property demand stumbles, showing that the housing recovery is mirroring America’s wealth divide.” So notes a recent Bloomberg News article. Exhibit A of this housing and income shift can be found in my neighborhood, where last week a structurally sound 1960s colonial was leveled to make way for a million-dollar custom home.