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A comment on Tech’s Wealthy Enclaves Hurt the Country and Tech Itself. Parent comment

Re:Tech’s Wealthy Enclaves Hurt the Country and Tech Itself by refurb on Monday April 03, 2017 @03:22PM (#14026176)
This doesn't make sense. If I build a ton of luxury apartments and fill them with willing buyers, then won't those buyers be giving up their own housing?

Overall, the total amount of housing increases which should drop prices.

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Re:Tech’s Wealthy Enclaves Hurt the Country and Tech Itself by iamcasen on Thursday April 06, 2017 @01:41PM (#14052733)
If it costs you 500,000,000 dollars to build a building, you need to charge a certain amount of rent for the investment to pan out. Hint: it won't be cheap.
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