Re:Airbnb dominated by professional landlords
by closeparen on Sunday August 06, 2017 @02:47PM
(#14942755)
Are they luxury apartments because they're palatial or inherently high-cost, or because they're centrally located?
It's unlikely that there's any such thing as an actually affordable apartment in a major world city, unless we've moved the method of allocation to something like lottery or waiting list, in which case it's only affordable to a lucky few.
I would encourage anyone who thinks that luxury apartments are for the rich while single family houses are normal to consider the relative luxury of life in the actual structures (not location). You'll find that, as structures, luxury apartments are much less luxurious than lower-density uses of the same land.
It's unlikely that there's any such thing as an actually affordable apartment in a major world city, unless we've moved the method of allocation to something like lottery or waiting list, in which case it's only affordable to a lucky few.
I would encourage anyone who thinks that luxury apartments are for the rich while single family houses are normal to consider the relative luxury of life in the actual structures (not location). You'll find that, as structures, luxury apartments are much less luxurious than lower-density uses of the same land.