Hacker News new | ask | show | jobs
by leetcrew 2725 days ago
> If you create high priced housing that no one (including students paying off massive ampunts of debt, where the min payment + rent = a mortgage payment) can afford, your high-priced housing will stay empty.

if too many developers do this, that high-priced housing will have to become low-priced housing if they actually want to clear the market.