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Old 05-23-2013, 08:23 PM
 
Location: NYC Metro
126 posts, read 102,530 times
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Comparing to other big cities, these cities are much cheaper, while still offering good amenities, why?
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Old 05-23-2013, 08:25 PM
 
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Can't speak for Philly, but in Chicago primarily because land is cheap and there is plenty to build on. Unlike places like NYC, SF, DC, etc where land is at premium and available land is very hard to get, in Chicago it's significantly easier. There are other factors of course, but that is one of the main reasons.
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Old 05-23-2013, 08:27 PM
 
Location: NYC Metro
126 posts, read 102,530 times
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Quote:
Originally Posted by Chicagoist123 View Post
Can't speak for Philly, but in Chicago primarily because land is cheap and there is plenty to build on. Unlike places like NYC, SF, DC, etc where land is at premium and available land is very hard to get, in Chicago it's significantly easier. There are other factors of course, but that is one of the main reasons.
so the question is why does chicago have more available, cheaper land then?
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Old 05-23-2013, 08:39 PM
 
Location: Philadelphia
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The weather is so undesirable, that's why. Look at places like San Diego, LA, Miami. They all have good weather and cost a lot. Somewhere like NYC doesn't have nice weather, but it's NYC, so it's still expensive, and of course, it does have slightly milder weather than Chicago.

IDK about Philly, maybe the high crime rate and also bad weather?
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Old 05-23-2013, 08:46 PM
 
Location: The Pacific Northwest
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Quote:
Originally Posted by Hawaii4evr View Post
The weather is so undesirable, that's why. Look at places like San Diego, LA, Miami. They all have good weather and cost a lot. Somewhere like NYC doesn't have nice weather, but it's NYC, so it's still expensive, and of course, it does have slightly milder weather than Chicago.

IDK about Philly, maybe the high crime rate and also bad weather?
I don't think that's the determinative factor. I also really don't think Chicago is much cheaper that Miami. Then again I don't think Miami's weather is all that much better than Chicago's. And weather also doesn't really explain DC or Boston. They are more expensive than Chicago but I don't see how they offer more than Chicago or have such better weather to explain the COL difference.

Weather IS a factor, but there are others too. Location for example. NYC is close to a lot of other attractions like most expensive cities on the coasts. Chicago is a bit isolated. Also, I do not think Chicago has as many restrictions on development as many coastal cities, which can drive up demand.
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Old 05-23-2013, 08:50 PM
 
Location: Philadelphia
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DC and Boston are closer to the coast. Also the weather is better. Boston and DC have warmer winters (but not warm by any means). I also believe that summers are (going by actual temperature) not as hot. DC IS more muggy than Chicago, so maybe it is more unpleasant, but Chicago seems to have more of those heat waves. I've heard Boston is less humid and hot (but still hot and humid) than most eastern cities.

I also do think Chicago is cheaper than Miami. More people want to move to Miami than Chicago, to escape the cold weather up north. So the real estate probably goes up. And there's not really a big middle ground in Miami between poor and rich, regarding neighborhoods.
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Old 05-23-2013, 09:06 PM
 
Location: NYC Metro
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i dont see how weather difference alone is a factor
boston is not much warmer than chicago and all of them have annoying summer heat and humidity
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Old 05-23-2013, 09:29 PM
 
Location: Philadelphia
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Not much warmer, but many people do prefer Boston's slightly warmer winters to Chicago. Also, Boston is by some beautiful beaches. Living by the coast tends to attract more people. Chicago does have the Great Lakes, but the ocean is just something else...
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Old 05-23-2013, 09:36 PM
 
Location: NYC Metro
126 posts, read 102,530 times
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Quote:
Originally Posted by Hawaii4evr View Post
Not much warmer, but many people do prefer Boston's slightly warmer winters to Chicago. Also, Boston is by some beautiful beaches. Living by the coast tends to attract more people. Chicago does have the Great Lakes, but the ocean is just something else...
true
wat bout philly tho
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Old 05-23-2013, 09:58 PM
 
Location: Philadelphia
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Philly is known for having a lot of crime, so maybe that's why? I'm not really sure about that one.
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