What does luxury real estate mean when everything is called "luxury"?

… and not that new luxury condo in Williamsburg thats being rented out for $4000 a month Then again as with many … be used as often as it is citing quoteunquote luxury rentals using gimmicks like new countertops to lure in … Recession There are plenty of references to new luxury apartments in the postwar era in the New York Times …

By Beth Stebner |August 20, 2015 - 8:59AM