mcc,
@mcc@mastodon.social avatar

@seachanger In the places I've been living lately, they keep demolishing housing to build "condos". The condos are totally unaffordable and even if one had enough money to afford one, they'd still be too expensive to be good uses of money. People online keep telling me unaffordable condos are good actually because it will soak up demand at the high end and therefore open up affordable housing. Then why isn't any affordable housing opening up?

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