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Old 07-10-2011, 10:34 PM
 
Location: Wheaton, Illinois
10,261 posts, read 21,773,801 times
Reputation: 10454

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Quote:
Originally Posted by Savoir Faire View Post
If not Chicago, where would you recommend buying? What areas are not going down the toilet?

I lack the knowledge to make such a recommendation. I'm not very interested in the burbs though I assume many will remain nice places. I'll just continue to rent; Hell, I've owned a few houses, I don't feel a need to own one now.
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Old 07-10-2011, 11:02 PM
 
Location: Cleveland, OH USA / formerly Chicago for 20 years
4,069 posts, read 7,327,109 times
Reputation: 3062
Quote:
Originally Posted by nowincal11 View Post
Anywhere downtown will be ok plus Lincoln Park and Lakeview. Those areas are not going downhill anytime soon and will likely be desirable another 20 years at least.
A few years ago I would've agreed with this completely. Lately I find I'm getting a little doubtful about Lakeview, however.
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Old 07-11-2011, 01:38 AM
 
427 posts, read 464,304 times
Reputation: 121
Quote:
Originally Posted by andrew61 View Post
Lately I find I'm getting a little doubtful about Lakeview, however.
Why? Because of some dingleberry from Hammond and his buddies attacking some dude on Halsted?
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Old 07-11-2011, 06:25 AM
 
Location: Uptown
1,520 posts, read 2,578,471 times
Reputation: 1236
Quote:
Originally Posted by tomcho View Post
I haven't rented since 2002, but I'm hearing that rents are getting crazy. Do you see this trend dropping under 5 years soon? Prices can't go too much lower and pretty soon it would appear landlords are going to out price themselves.

Every property is different and should be evaluated individually, there are currently plenty of places where you will start saving money vs renting in under 5 yrs, maybe even as little as 2-4, BUT you may still lose out if you have to sell before the bottom hits, which it hasn't.
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Old 07-11-2011, 06:27 AM
 
Location: Uptown
1,520 posts, read 2,578,471 times
Reputation: 1236
Quote:
Originally Posted by sydbarrett View Post
Why? Because of some dingleberry from Hammond and his buddies attacking some dude on Halsted?

seriously, LV is fine.
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Old 07-11-2011, 07:56 AM
 
14,798 posts, read 17,711,193 times
Reputation: 9251
Quote:
Originally Posted by sydbarrett View Post
Why? Because of some dingleberry from Hammond and his buddies attacking some dude on Halsted?
Exactly. Crime is down in Chicago, not up.
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Old 07-11-2011, 08:07 AM
 
867 posts, read 1,374,021 times
Reputation: 802
Quote:
Originally Posted by nowincal11 View Post
Anywhere downtown will be ok plus Lincoln Park and Lakeview. Those areas are not going downhill anytime soon and will likely be desirable another 20 years at least.
Prime example why taking this website seriously will have you living out of a cardboard box. Some advice can be helpful, while others can make youn feel defeated.
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Old 07-11-2011, 08:09 AM
 
Location: Uptown
1,520 posts, read 2,578,471 times
Reputation: 1236
Quote:
Originally Posted by Vlajos View Post
Exactly. Crime is down in Chicago, not up.

I'm not buying the crime is down business, arrest don't encompass all crime, but LV is still fine.
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Old 07-11-2011, 08:11 AM
 
14,798 posts, read 17,711,193 times
Reputation: 9251
Quote:
Originally Posted by Aleking View Post
I'm not buying the crime is down business, arrest don't encompass all crime, but LV is still fine.
Who mentioned arrests?
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Old 07-11-2011, 08:18 AM
 
Location: Uptown
1,520 posts, read 2,578,471 times
Reputation: 1236
Quote:
Originally Posted by Vlajos View Post
Who mentioned arrests?

I did, because that's what the "crime is down" meme some swallow up is based on.
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