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Luxury condos eyed for Dorchester marina

The Dorchester Reporter reports on early planning for a possible luxury complex at what is now a marina at Port Norfolk, next to the Venezia.

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Yes! More luxury condos! This will be great, because all the other luxury condos in Boston are occupied and definitely not vacant!

oh wait.

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Well there are selling like hotcakes to investors which don't live in them which is at least keeping the same investors from buying existing rental properties and kicking residents out.

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If an investor is buying a condo and renting it out, or living in it themselves? There is still demand for housing and in either situation, building new condos helps alleviate that demand.

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