"luxury" is one of the most meaningless and oft misused terms in housing/real estate. It's not legally defined as anything so any developer can build a shoebox

"luxury" is one of the most meaningless and oft misused terms in housing/real estate. It's not legally defined as anything so any developer can build a shoebox with a bathroom and a murphy bed throw in a nice countertop and call it "luxury". It's also become a pejorative for ANY market-rate housing in cities by NIMBY anti-development types.