Agreed.

What does high end even mean? A modern high rise with high end amenities like a roof top swimming pool and nice interior appliances and craftsmanship?

I visited a friend in Atlanta who lived in such a high rise at a fraction of the rent of what a similar unit would cost in SF. A vast majority of the price of housing is from the supply-demand of that particular piece of land. Sticking a pool and some quartz countertops in there doesn't suddently make it ONLY viable as a rich-man's home, incapable of satisfying any of the middle-class demand that is overflowing in the area.