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dvdquikrewinder t1_j29n53d wrote

Reply to comment by mpjjpm in Osaka in Coolidge Corner is no more by 3720-To-One

I'll defer to your understanding, just seems surprising that adding more luxury housing would help. You're saying there's not enough supply for it?

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mpjjpm t1_j29rxl4 wrote

I’m saying the housing shortage is so bad in the area that any new housing is good. People who can afford luxury housing will buy it, and leaves an existing non-luxury building available for someone else. Luxury infill development in neighborhoods that are already established as expensive places to live will help reduce gentrification in other parts of town. If we’re going to build new luxury condos, it’s much better to have them in Coolidge Corner than in Brighton.

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