fram

I'm not sure what you mean, but I'll try to express myself more clearly.

In the most basic sense of economics for prices to fall supply has to increase more than demand. If demand increases more than supply the opposite is true. There's nothing saying that a more supply can't also increase demand or even increase demand more than supply.

When more wealthy (or ambitious) people move into an area it often leads to that area becoming more attractive (schools, restaurants, entertainment get better) increasing demand.

Therefor there's nothing particularly strange about arguing that luxury condos could lead to higher rents as the op makes it out to be.

There's nothing saying that increased supply always leads to higher supply in relation to demand, which is what affects price.

Not really the same thing though. A low cost house still has to function and is enabled by the use of modern fabrication techniques and things like power tools. Just like you can build less refined web applications with frameworks and cloud services. If the walls crack, the paint chips, wiring starts a fire and the drywall wasn't fire resistant that would be considered bad craftsmanship and you'll probably be liable for a fair amount. In modern software development the equivalent is common place.

I think the attitude of doing less things better is quite common among successful software developers. It's just hard these days to have a good experience while getting to a level where these values matter.