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paganlobster t1_j437561 wrote

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Codspear t1_j43hl9l wrote

Housing is housing and every extra unit is good. We don’t tell watermelon farmers they aren’t allowed to grow watermelons just because there’s a shortage of affordable wheat somewhere.

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paganlobster t1_j43i2ob wrote

Not if no one can afford watermelons and so they just rot in the stands. These luxury units get built in droves, go for insane rates, and sit empty while people who could afford a cheaper unit are out on the street because there's not enough affordable supply.

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GaleTheThird t1_j46tedc wrote

> These luxury units get built in droves, go for insane rates, and sit empty while people who could afford a cheaper unit are out on the street

[Citation Needed]

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paganlobster t1_j480ykm wrote

lmao, how about you prove that the luxury units actually get occupied? or you could just google it

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Rakall12 t1_j594e6r wrote

Perhaps you don't understand the concept of supply and demand. If there's less of the luxury units, then people will bid more for the limited available ones and the ones that get priced out will go down a tier. It just trickles down.

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