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Wouldn't other luxury housing increase in value though? It's not like the rich people are going stop having vacation homes.
by frenchyatwork 7y ago
Wouldn't other luxury housing increase in value though? It's not like the rich people are going stop having vacation homes.
- 0xffff2 7y agoIf you're a beachfront town, you don't care much that rich people are now buying vacation homes in the mountains. Your economy is still ruined.