It depends how deep in the weeds we want to get. I remember when first moving to Oregon, a news station played an interview with a contractor building apartment

It depends how deep in the weeds we want to get. I remember when first moving to Oregon, a news station played an interview with a contractor building apartments in Portland. The TLDR of that interview was, we could build affordable housing. However, if the investors in the complex spend a few extra hundred bucks on materials (think granite counter tops), they can append 'luxury' to the word 'apartment' and easily ask a couple hundred more a month. Resulting in a better investment.