I don't think Greenwich home owners worried about competition need be concerned about this one
/Go ahead: Guess what town these experts at the Daily Mail are talking about.
City where average house costs $90,000 is hailed as the next Paris or Rome thanks to great culture, food, architecture, sport and music scenes
And it’s not Cos Cob, even if this concession hints at that:
Many properties for sale are in more deprived areas that are often dangerous and yet to gentrify, but there are still many bargains to be had.
UPDATE. Curious, I went to Zillow to see what’s available in the supposedly gentrifying “Corktown” section of the city, and found this one. $1.1 million, 290+ days on market and going nowhere; however, it’s a pretty cool renovation job, and its brick-fortress design should deter all but the most enthusiastic of looters. But, really? Who thought it was a good idea to put so much money into this project? I smell government subsidy cash in here, somewhere.
There’s a video here, and here’s a picture taken from it showing the surrounding”neighborhood” — Welcome home!