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Only for the first few redevelopments, after that prices will go down across the board.
by nerfhammer 8y ago
Only for the first few redevelopments, after that prices will go down across the board.
- Robotbeat 8y agoEven the first few help. You have rich people taking up houses and apartments made for middle class (or possibly even working class), as only rich people can now afford to live in them. If there’s more housing stock, even “luxury” units, they can vacate the lower end units, making room for middle class.