Who can afford $4.5m condos and $4,000/month

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

Mieszkania 2 tyg. temu 7 answers •

Zara Lawson

I saw this on my Dallas development feed and I'm curious, who can afford these luxury residences?

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4 Answers · 3 replies

jenna_vach • 2 tyg. temu

These luxury apartments and condos are designed to cater to a specific demographic, rather than the general public.

Marisol Alvarado • 2 tyg. temu

Lots of people can afford it, the developers aren't stupid, welcome to the K-shaped economy.

Kieran Shepherd • 2 tyg. temu

The $4,000 price point wasn't chosen arbitrarily, and it's clear that many potential buyers are priced out of the market.

giulia • 2 tyg. temu

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 • 2 tyg. temu

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 • 2 tyg. temu

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_dallas • 2 tyg. temu

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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