[rhino369]

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.