Persons have taken to social media to air their views on a statement made by Proven Reit Chairman and CEO of Proven Limited, Chris Williams.
Williams, pitching 99 spaces to potential homebuyers through a new real estate offering from Proven – VIA At Braemar – declared that “for all us middle-class people, we are back as the middle class.”
He went on further to say “we are going to put our foot down and ensure we have a stake in our island”. The homes he was referring to are expected to cost at least J$21 million.
But what a lot of Twitter users have reacted to is the business executive likening the estimated monthly mortgage payout of J$130,000.00 to buying coffee. Williams reasoned that the payout would be the equivalent of purchasing a cup of Starbucks coffee every morning for a month.
However, persons were quick to chastise the wealth manager about his perception of what the middle class is. Persons are adamant that a man of his wealth certainly cannot be considered middle class.
Point to note, however, is that Williams has announced that all the two-bedroom units and penthouses were sold within 30 minutes of the launch.