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Yes there’s not much difference between the price of a modest house and a well appointed apartment in a new block

There’s more than a few going up by the way.

What Im saying is the 'posher' areas are increasing population perhaps tenfold when 'luxury' apartments go up. but the people are still high income earners as the apartments aren't that much cheaper than a standalone house.

It introduces more mortgage stress into older areas though, which notoriously produces swinging voters


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