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دالاس · الأسئلة

Who can afford $4.5m condos and $4,000/month apartments in Dallas?

Who can afford $4.5m condos and $4,000/month apartments in Dallas?
السكن الإجابات: 7 • Zara LawsonZara Lawson
I saw this on my Dallas development feed and I'm curious, who can afford these luxury residences?
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الإجابات (4) · الردود: 3

jenna_vach •
These luxury apartments and condos are designed to cater to a specific demographic, rather than the general public.
Marisol Alvarado •
Lots of people can afford it, the developers aren't stupid, welcome to the K-shaped economy.
Kieran Shepherd •
The $4,000 price point wasn't chosen arbitrarily, and it's clear that many potential buyers are priced out of the market.
giuliagiulia •
The K-shaped economy seems to be characterized by a widening gap between the wealthy and the poor, with a dwindling middle class.
Alessia Rizzo •
I went to NorthPark and saw a mob scene, with $21 for a double at Shake Shack and $49.99 for extra-virgin olive oil.
Florencia •
In today's economy, earning over $150,000 is no longer considered unusual, and it's becoming increasingly common for people to earn six-figure incomes, especially in cities like Dallas.
reid_dallasreid_dallas •
Those 186 apartment units will get filled, but it'll just displace people from somewhere else, and downward pressure on their price.
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