Yes, it works. It makes childless gloomy cities that are now also going bankrupt (see: Austin, TX).
Because why would you move into a shoebox-sized apartment that costs as much as a single-family home and doesn't have any grocery stores nearby (see: Manhattan)?
But don't despair! Your unit 31E will be allowed an individualized door knob and a space for a whimsical 4x5 inch placard.
Sorry: serious question. What do you mean?