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Mo-Cuishle t1_itpyizs wrote

Reply to comment by Elementium in Wages up in CO since pay transparency passed. Anything on the horizon in Mass? by bostexa

You can't make rich people be poorer. If they want to live somewhere they will. Either they're going to out-bid the places that the townies live in now or they'll rent the nice new luxury places. Only in one situation do you have more total housing per sqft and less pressure on the housing market.

It's a studied fact that any kind of densified housing reduces overall rent prices in an area.

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FitzwilliamTDarcy t1_itq18d0 wrote

It’s amazing how people get so hung up on the term luxury condos/apartments. It’s still supply plain and simple as every single study indicates.

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