Townhall··Wednesday, October 28, 2026, 4:30 PM

Economics 1, Leftists 0: Yes, New Luxury Apartments Make Your Rent Cheaper

A satirical campaign ad is making the rounds on social media again, but the joke isn’t landing quite the way its creators intended. Meant to ridicule the idea that luxury housing could help ordinary renters, it instead exposes the flaw in a familiar left-wing assumption: If something benefits the wealthy, it couldn’t possibly benefit average Americans.

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