JoeFortune1

JoeFortune1 t1_jbtkwvw wrote

I could be incorrect but from what I’ve seen there have been multiple towers and other luxury buildings opened to high end buyers/tenants that had a very difficult time filling up and with a lot of empty spaces. Building these high end towers might theoretically lower prices down the road a few years-maybe.

The state needs to be creative and make some budgetary changes in order to afford to build housing. The state can’t afford it and people can’t afford their rent. So the only solution I ever see proposed is to build luxury condos. It’s a stretch to say this will benefit the working class and poor

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JoeFortune1 t1_jbr4l3k wrote

If there is land for luxury condos, that land can be used for other things as well. Supposedly some trickle-down effect from a project like Fane will eventually benefit the people who actually need affordable housing in Providence. I don’t think it benefits the people who need it

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