Who's a bigger finance hub. Boston or Charlotte (Winchester, Littleton: real estate, apartment)

[yellowstatus]

This thread is clickbaity without any purpose. Finance jobs are concentrated in NYC and Chicago.

[G-fused]

Originally Posted by yellowstatus

This thread is clickbaity without any purpose. Finance jobs are concentrated in NYC and Chicago.

True.

But it gives the opportunity to say that Boston is better and that's always fun.

[tysmith95]

Originally Posted by G-fused

True.

But it gives the opportunity to say that Boston is better and that's always fun.

Middle class people can afford a house in Charlotte.

[timberline742]

Originally Posted by tysmith95

Middle class people can afford a house in Charlotte.

And in Boston. The majority of every major metro area is middle class, for the region.

[Boston Shudra]

Originally Posted by Sweetbottoms

Charlotte imo is a faster growing city for young people

Is this true? I’m in Charlotte quite often, and it’s never stood out to me as being a big magnet for young people. Maybe I just haven’t spent time in the right areas?

[CaseyB]

Yes, it is.

[massnative71]

Originally Posted by timberline742

And in Boston. The majority of every major metro area is middle class, for the region.

The question is whether or not middle class people can afford a house there, today. The fact that there still baby boomers around who bought in 30 years ago when the RE market was reasonable, doesn't do much for the person moving to town and starting out his career. That is where Charlotte has the advantage.

[timberline742]

Originally Posted by massnative71

The question is whether or not middle class people can afford a house there, today. The fact that there still baby boomers around who bought in 30 years ago when the RE market was reasonable, doesn't do much for the person moving to town and starting out his career. That is where Charlotte has the advantage.

The question REALLY is, in these discussions, is how you are defining middle class.

[G-fused]

Originally Posted by tysmith95

Middle class people can afford a house in Charlotte.

Bully for them.

[Sweetbottoms]

Originally Posted by iAMtheVVALRUS

Is this true? I’m in Charlotte quite often, and it’s never stood out to me as being a big magnet for young people. Maybe I just haven’t spent time in the right areas?

Charlotte Ranked The #1 City In America Where Millennials Are Moving To - Charlotte Stories

Yes it is.. I think the prices are reflecting this. Home prices and rent have shot up.. Average rent is now around $1300 or so for a 2 bedroom. For any decent house in a liveable area (not under the flight path of Charlotte Douglass and in an ok school system) you're probably looking at $225,000-$250,000 for a house. Thats up a good amount from years prior. Our rent has gone up nearly $150 in just the past year we've been here and we're still at the lower end of what I'd consider "affordable" for our place at about $1200 a mo.. Our neighbor bought his 2/1 townhouse next door 5 years ago for $60k and hes getting ready to retire. He just put it on the market for $159,0000. I think int he next few years with the growth its seeing it wont be as affordable as people want it to be. It may rival some smaller cities (or major ones depending) price wise. We'll have to see if wages keep up.