Its about greed -
These will not be 3-4 bdrm condo units priced under under 650k (which around here, 3/4 bdrm is well below mkt prices). There will be 1-2 bdrm units overwhelmingly priced whatever the mkt will bear at the time of actual construction, which will be 450k for a 1bdrm 1ba. These will not be for 'family units'.