The Dangerous Myth of Luxury Housing

New market-rate housing, improperly labeled ‘luxury’ can go a long way towards decreasing rents while affordable housing catches up

The Cevallos Lofts in San Antonio, where new two bedroom apartments rent for ~$1,500. Source: Apartment Finder & Apartments.com

Few words are capable of inspiring strong oppositional responses when mentioned. On their own, words are usually anodyne, or broadly accepted to have good or bad connotations. While we…