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Sure. And that’s where luxury condos and apartments come in. There is no scenario where building for less than luxury returns makes sense in these areas. Rent
by bilbo0s 2y ago
Sure.
And that’s where luxury condos and apartments come in.
There is no scenario where building for less than luxury returns makes sense in these areas. Renting a set square footage for 1500 makes no sense when I can rent the same square footage for 3200.
And that’s at the bottom end.
- whimsicalism 2y agoi find the word 'luxury' not very useful in these discussions. they wouldn't be luxury compared to a SFH in the same area, they would be lowering price. > Renting a set square footage for 1500 makes no sense when I can rent the same square footage for 3200. uhhh, except for location?