>That the vast majority can't afford, leaving the current status quo.
is this a comment on how new housing is supposedly "luxury" housing that is only available to the richest?
As someone currently living in a "luxury" apartment in San Francisco and has lived in normal apartments in several other cities across the US for significantly less money. The only thing luxurious about San Francisco apartments is their price. Build enough houses and the prices of these supposedly luxury apartment buildings will fall. Then they will begin to offer real luxury amenities like a 24/7 doorman, heated floors, etc.
is this a comment on how new housing is supposedly "luxury" housing that is only available to the richest?
As someone currently living in a "luxury" apartment in San Francisco and has lived in normal apartments in several other cities across the US for significantly less money. The only thing luxurious about San Francisco apartments is their price. Build enough houses and the prices of these supposedly luxury apartment buildings will fall. Then they will begin to offer real luxury amenities like a 24/7 doorman, heated floors, etc.