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Re:“High End” Apartment Construction Creates Mismatch of Sup... by puranjay on Saturday October 13, 2018 @09:21AM (#18207801)
This seems to be a global epidemic.

Back in my hometown in India, where average 3 bedroom rental properties go for under $300/month, builders are making luxurious homes that cost $300,000+

They've been on the market for nearly 4-5 years. No one is biting because no one has that kind of cash. Yet, the market doesn't seem to relent

Re:“High End” Apartment Construction Creates Mismatch of Sup... by pnutjam on Saturday October 13, 2018 @12:29PM (#18208736)
Ignoring white collar crime is a driving force for this stuff in the US.