It’s not about trickle down, it’s about building to meet the capacity. I live in this area and can tell you first hand. I live in a cheap building and all the luxury condos going up has made it so my landlord cannot jack up rents anymore. They were doing it constantly before the building boom and now they can’t even fill multiple units at the rents they want to charge.

I’m not 100% sure but I’m willing to bet that’s for the streamer Destiny who’s community often refers to itself as “dgg” for destiny.gg.