Why Do Luxury Apartments Keep Being Built When People Can Barely Afford Their Rent?

Essence Magazine:

By Jasmine Browley ·Updated July 18, 2023

India Walker, 33, has always wanted the luxury high-rise, city views and Yorkshire Terrier lifestyle.

“This is going to sound corny, but ever since I was a little, I’ve always wanted a bougie penthouse apartment—walking around with my little dog, you know? It’s just one of the status symbols that screamed I’ve arrived.

Walker realized that dream during the pandemic when she was

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