"Luxury" housing isn't that luxury. It might be a difference of $30k in interior materials, but lets them set a far higher initial price point. The actual exp

"Luxury" housing isn't that luxury. It might be a difference of $30k in interior materials, but lets them set a far higher initial price point. The actual expensive stuff, like the building structure itself, foundation, elevator systems, etc still stay the same even if the apartment is luxury or not. What will happen if the units stay unsold is the price going down until they start getting buyers.