Are they both not housing? Can I not renovate one into another over a few weeks? I give developers more credit. If they want to make money, they need to figure out what the market will bare. And it's not their fault if only enough housing is being allowed that they can get away with making luxury only housing. If more was allowed without BMR conditions, there would be a much less price difference between what you find at avalon vs craigslist. The difference is actually not that much, everything is just very high and unaffordable period. Hence the dilemma we're in.