In the text we assumed that the condominium purchasers came from the inner-ring peoplepeople who were already
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In the text we assumed that the condominium purchasers came from the inner-ring people—people who were already renting apartments. What would happen to the price of inner-ring apartments if all of the condominium purchasers were outer-ring people—the people who were not currently renting apartments in the inner ring?
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