Lizzy and Lissa break down the hidden costs – financial and otherwise – of luxury apartments. From granite countertops and rooftop pools to skyrocketing rent and hidden fees, they break down the true costs of high-end living. Is it an investment in your lifestyle or just a shiny trap for your budget?
Main Topics
00:00 Introduction to Luxury Apartments
01:05 Running The Numbers Segment
03:10 What Exactly Are Luxury Apartments?
04:21 The Amenities You Get
07:40 Corporate vs. Individual Ownership
15:32 Deal Breakers
24:36 Luxury Apartment Vibes
26:43 Social Dynamics in Luxury Living
38:05 Location and Convenience
40:30 Space and Storage Priorities
41:24 20 Cents Segment
References for Statistics
https://www.nmhc.org/research-insight/research-notes/2024/why-building-luxury-apartments-brings-down-rent-for-all/
https://www.globest.com/2024/04/15/luxury-multifamily-rent-growth-weakest-in-recent-memory/?slreturn=20241129160246
https://www.thepgrgroup.com/p/the-real-impact-of-luxury-apartment
Co-Hosts
Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok
Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok | LinkedIn
Credits
► Produced by Lizzy Marie and Lissa Lumutenga
► Artwork by Lizzy Marie
► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”
Talk to us
Hit us up, let us know what you think: IS IT WORTH IT? 💸
Disclaimer
This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.
Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!
