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Economy

Why tiny apartments can cost luxury prices

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Urban real estate has successfully convinced people to pay luxury prices to live in a glorified closet. In major metropolitan hubs, developers chop buildings into minuscule 'micro-units' and market them to desperate young professionals. The economy of tiny living is less about minimalism and more about squeezing the absolute maximum revenue out of a 200-square-foot box.

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Why tiny apartments can cost luxury prices
STACKY / Economy
Topics in this factRealEstatemicro-unitsHousing
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