Boston, Chicago, Dallas, Houston, Vegas, LA, Miami, NYC, Phoenix, Philly, SF

[btownboss4]

Originally Posted by Justabystander

Reality isn't growth, reality is which place is a great place for a variety of reasons; culture, cost of living, cleanliness, beauty, architecture etc. If you use these criteria, Chicago would be a winner. Sprawl, ugly surroundings, blandness might be attractive to low cost growth, but not be where people want to be. Growth comes and goes; for years Boston, SF, NYC were losing, now that has changed. It doesn't mean that their basic bones were different, just the circumstances leading to the loss.

The basic situation has changed. In the 1970s Boston has no jobs then new jobs in new industries emerged and people stopped leaving and started coming

[DavePa]

Interesting link on the 17 best places to buy rental property. Chicago lasted at #9.

https://www.realwealthnetwork.com/le...perty/#chicago

Real estate prices have soared within Chicago’s city limits, causing people to move out of the city and into the suburbs. As a result, prices in some of these neighborhoods have increased by 14%+ in 2017 alone. Yet property in the area is still undervalued…You can purchase fully renovated rental homes from $80,000 to $196,000 that you rent for .79% (above national average) of the purchase price!

All of these factors indicate that Chicago is great news for investors looking to buy income property with high cash flow and strong potential for appreciation.

Good news for investors: Chicago is one of the last markets where housing prices have not yet risen past their 2006 levels, simply due to the state’s tough foreclosure laws. Savvy investors are taking advantage of the situation and are still able to acquire income property at bargain prices.

- Chicago is the 4th most economically powerful city in the world. - The median rent in the Chicago metro area is over $1552 per month.
- 5.57% of the population rents, which is 24% higher than the national average.
- 6.83% of Chicagoans live in a home for 1 year or more.

There is a reason the Apartment building boom continues in Chicago where new residents just still can't keep up with loses in poorer neighborhoods. High-end construction huge in the core especially.

In many ways ..... the city defies the slow overall growth as its Core outward shines and moves forward.

The city continues to maintain its position in the world. Despite rising Asian cities rising even over US cities more and more. The Midwest is still not the sought-after region in the Nation. But I do believe FURTURE GROWTH looks great for it and Chicago will have its areas of the city to renew and infill many areas of lost and cleared housing. All available when that era of growth may return again in greater degrees.

I'm still always impressed on my visits in improvements and paying attention to details I see. Its new skyscrapers under-construction and planned ..... show no city in decline or two-cites in one.

Tourism set to hit 60-million by 2020 (city-proper). Amazing for a Midwest city once just rust-belt flyover.
Chicago maintains --- view showing two luxury
its Global 🔻 status -🔻 residential 93 - 76-story nearing top-out.

[odurandina]

Because everyone knows the proliferation of skyscrapers

is QED of our lives, saved.