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A lot of the newly built apartments in transitional neighborhoods here in Baltimore tend to get advertised as luxury. I don't get it. That's code word for expensive. Why can't apartments just be apartments?
A lot of the newly built apartments in transitional neighborhoods here in Baltimore tend to get advertised as luxury. I don't get it. That's code word for expensive. Why can't apartments just be apartments?
I don't know, but if I had to guess, I would guess it is because they are new and have upgrades.
It probably doesn't pay for itself to build plain, unadorned, small apartments that would bring low rent. No one wants to build a big building that is guaranteed to lose money every month.
You want plain, cheap apartments, get to lobbying your city to have the city build cheap apartments with taxpayer money and to use taxpayer money to maintain them, since the rent won't cover the costs of maintenance.
A lot of the newly built apartments in transitional neighborhoods here in Baltimore tend to get advertised as luxury. I don't get it. That's code word for expensive. Why can't apartments just be apartments?
It's a code word to justify a high rent.
And they are not just apartments if they have updated and more expensive features or finishes such as granite countertops, stainless steel appliances, etc , and perhaps nicer amenities.
To me a new apartment is a luxury in and of itself. Everything is new and clean and you are the first to use it.
I lived in "luxury apartments" and some are not luxurious. my last one i moved from had a nice indoor pool, game room, laundry in-apartment, however, the elevator broke down once per month and some things still needed maintenance. My place now which i really love, is listed as luxury but i am living in an apartment with no garbage disposal, no pool, no jacuzzi, old fashioned cabinets, but i love it because it meets my needs in other important ways.
I've lived in a luxury place before and it was overrated. You can hear everything through the ceilings from the neighbors and good luck finding a parking space that's close to your apartment entrance. Some of the floor plans are cramped feeling and not spacious enough and many of them have those crappy stacked washer and dryers. There were way too many snooty millennials that I wanted nothing to do with.
Currently, I live in an apartment building that was built in 1968 but updated in 2016 and I am happy overall. I can hear every footstep and some conversations from the guy above me, but other than that it's a decent deal for $1,010 per month with heat and water included, at 600 sq ft here in the Hartford, CT area. I prefer living in a community with a diverse mix of people of all ages and not just millennials.
I lived in a new "luxury" apartment and it felt like it was constructed of popsicle sticks and bubble gum. I could hear every step above me, every flush, shower, cough, ugh.
In my area a lot of the apartments are being torn down and replaced with luxury units. It's the same reason why McMansions are built as standard rather than small starter homes. More money involved for the developers.
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