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Old 11-20-2015, 02:59 PM
 
Location: Massachusetts
6,301 posts, read 9,643,596 times
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Quote:
Originally Posted by HurrMark View Post
I think Waltham, for the most part, is no longer affordable for the "median income" household. I lived in Quincy until 2010, and at least until then, it was probably one of the most affordable towns inside the 128 belt...with the Red Line to boot. Might have changed since then.
Quote:
Originally Posted by Parsec View Post
No kidding. 2 bedroom apartments at The Merc rent for $3000/mo! That's my monthly mortgage for a 3000 sf house in Sudbury LOL.
I am nowhere near that budget. But would definitely pick owning home in Sudbury over rent in Waltham for that amount of money. I'd probably pick renting OR owning in Sudbury over renting in Waltham for $3,000.
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Old 11-20-2015, 03:20 PM
 
3,268 posts, read 3,322,594 times
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I'm guessing this is a high end place in Waltham? I can't imagine the average rent in Waltham is $3k
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Old 11-20-2015, 03:22 PM
 
295 posts, read 317,224 times
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Quote:
Originally Posted by Whatsnext75 View Post
agree. this is when owning makes sense.
Those apartments are probably marketed to international students attending brandeis or bentley as well as the tech executives who know a thing or two about opportunity cost and dont want to deal with the traffic and commute times.
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Old 11-20-2015, 09:50 PM
 
Location: Quincy, Mass. (near Boston)
2,947 posts, read 5,190,341 times
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Quote:
Originally Posted by Whatsnext75 View Post
I'm guessing this is a high end place in Waltham? I can't imagine the average rent in Waltham is $3k
Yes, there are several high-end luxury buildings in Waltham now...and they had a few already from 10-20 years ago.

But some pockets of Waltham are dumpy still? I met someone in my cab, five years ago who relocated from Pittsburgh (her husband teaches at a Waltham college); she called the town "run down."

And a friend of mine, fifteen years ago who had grown up in Stoughton but mostly Needham, then moved to West Quincy and West Roxbury for rentals then a simple condo in Plymouth, called downtown Waltham the ugliest city she had ever seen. She had been transferred from Needham to there for her secretarial job. Admittedly, she doesn't get out much and stays home mostly, but Waltham repulsed her. Even though I told her about the strong restaurant scene.

I guess Waltham has to grow on some people. And speaking of Quincy, her fancy gay brother thought very poorly of Quincy when she lived there in the 90s. But lots more yuppies now in parts of Quincy than when I moved there in 1994.
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Old 11-21-2015, 07:04 AM
 
652 posts, read 750,019 times
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Drive around south Waltham, there's abosolutely some non-gentrified areas left.
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Old 11-21-2015, 07:11 AM
 
3,268 posts, read 3,322,594 times
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I don't see many yuppies living in quincy. I think young families are moving there
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