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by mcphage 3649 days ago
So instead of solving the problem (lack of housing that people can afford), you're going to solve a different problem (lack of expensive housing), hoping that eventually the solution trickles down to everyone else? How about, instead of adding a few hundred expensive units, you take the same amount of real estate, and add 1,000-2,000 less expensive units. It'll add more housing, as well as add it where it's needed most. Rather than waiting a few years for a game of musical chairs?
2 comments

The difference between luxury and non luxury apartments is mostly marketing and a some marble countertops. If there isn't more luxury stuff built, people just buy a non luxury property and make it luxury.

There might be a problem if new luxury spaces were too big, but in my experience they are still very small units. In my neighborhood the new luxury buildings have smaller units than mine. Mine isn't luxury just bcause its older and doesn't have a new kitchen.

In big expensive cities I'm not even sure how you'd build non luxury. I think you'd have to make it shitty on purpose.

You're aware that the city doesn't build the units, right? And developers only build where it's profitable.

If you think it's a good idea then start a development company, petition the city for permission, and raise money.

My city is doing decently well with affordable housing, thanks.