AIDS would change it a lot (for the worse)
This came out before AIDS was worldfamous and it shows.
Louis has no trouble accepting a whore and falling in love with her.
Her house is seen as cozy and safe instead of sleazy or a virus hotbed.
How different would it play if set in 1989, to match a rich preppy with a hooker he met in jail?
I think he would throw up at the very first kiss, and never want to be that close to her. Or she would just have a different job for the story to work.