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EverybodyBeCalm t1_j0gf6il wrote

Reply to comment by DistrictBaguette in DC's old Vanguard building to be converted into downtown apartments by Maxcactus

Every new building until the end of time will be called “luxury”.

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Gitopia t1_j0gs9xo wrote

Not inaccurate. Living in a recently built structure has always been a luxury.

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Less_Wrong_ t1_j0gyaq1 wrote

That’s what happens when cities and nimbys block housing of all kinds. Only the high margin stuff (luxury/higher end) stuff gets built. As more “luxury” housing gets built (which helps prevent high earning people from moving into low income housing for low income people), builders move to provide lower margin housing

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