The Hamptons 'middle class,' comprised of New Yorkers with somewhat modest million-dollar second homes out East, have been dropping their asking prices by more than 25 percent in a bid to sell their homes. Because of growing interest rates and the post-pandemic need to be in the city more often, many middling Hamptons staycationers, who own properties up to $5million, In some cases, owners have cut their asking prices by hundreds of thousands of dollars in Sag Harbor and Amagansett.
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