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Old 02-25-2022, 09:48 AM
 
19,747 posts, read 14,792,135 times
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I'm kind of shocked more people aren't moving away due to this. Unless you had a DAMN good reason for being there, you'd have to be insane to move to Massachusetts right now with prices like that. I mean over $400K to live in LAWRENCE or BROCKTON, people. There's no limit to how many time you can repeat that and still go into shock. It's no wonder drug use is off the charts.
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Old 02-25-2022, 10:00 AM
 
Location: Baltimore
18,662 posts, read 9,015,103 times
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Quote:
Originally Posted by massnative71 View Post
I'm kind of shocked more people aren't moving away due to this. Unless you had a DAMN good reason for being there, you'd have to be insane to move to Massachusetts right now with prices like that. I mean over $400K to live in LAWRENCE or BROCKTON, people. There's no limit to how many time you can repeat that and still go into shock. It's no wonder drug use is off the charts.
People are moving away from MA. It just hasnt been reflected because the ACS skipped the past 2 years and the Census was bungled and only release small shreds of Data.

Keller @ Large: More People Moved Out Of Massachusetts Than Into The State In 2021
https://boston.cbslocal.com/2022/01/...growth-exodus/


https://www.bizjournals.com/boston/n...ents-mass.html
Since the U.S. Census Bureau released 2021 population estimates for Massachusetts on December 21, many have been sounding the alarm over Massachusetts residents leaving for other parts of the U.S. — and not without reason. In the latest release, the Census Bureau estimated that, on net, just over 46,000 people moved from the Commonwealth to other states between 2020 and 2021.

The last time Massachusetts saw this level of outmigration was in 2005.
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Old 02-25-2022, 10:07 AM
 
Location: North of Boston
554 posts, read 686,398 times
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Does this take into account the number of kids that come here for school and stay?
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Old 02-25-2022, 10:12 AM
 
10,240 posts, read 4,268,687 times
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I dont know what people are thinking. I know someone who recently paid $720k for a house in Randolph.

I just dont see places like Brockton, Randolph, Lawrence etc as up and coming places. I don't understand the draw to spend these amount on places like this.
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Old 02-25-2022, 10:16 AM
 
942 posts, read 622,797 times
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Originally Posted by msRB311 View Post
I dont know what people are thinking. I know someone who recently paid $720k for a house in Randolph.

I just dont see places like Brockton, Randolph, Lawrence etc as up and coming places. I don't understand the draw to spend these amount on places like this.
Did this person say why he or she bought there?
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Old 02-25-2022, 10:21 AM
 
19,747 posts, read 14,792,135 times
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Originally Posted by msRB311 View Post
I dont know what people are thinking. I know someone who recently paid $720k for a house in Randolph.

I just dont see places like Brockton, Randolph, Lawrence etc as up and coming places. I don't understand the draw to spend these amount on places like this.

They aren't. And just as with the last housing crash, these places will be the hardest hit again (Randolph might be an exception).
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Old 02-25-2022, 10:24 AM
 
Location: North of Boston
554 posts, read 686,398 times
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Originally Posted by simplexsimon View Post
Did this person say why he or she bought there?
I know people like this who buy in a significantly less desirable towns. They rather the flashy house to show off vs good schools for their kids etc.

Not saying everyone is like this. but i know a number of people who are.
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Old 02-25-2022, 10:25 AM
 
10,240 posts, read 4,268,687 times
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Quote:
Originally Posted by simplexsimon View Post
Did this person say why he or she bought there?
Not really. They both have family here and wanted to stay in the area. Their house was a flip so it is new to them. The wife is Asian and they have a child, maybe Randolph has a lot of asian people?

People have different needs/wants but i still can't help but wonder why people are paying so much for certain areas. This couple could have gotten less house in a better neighborhood like Milton even Braintree. I truly think they made a bad decision but as long as they're happy i guess that's what matters.

i do think there's a bit of a keep up with the jones' mentality going on as well. People feel like they will be looked at as unsuccessful if they pay under a certain price for a house.
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Old 02-25-2022, 10:27 AM
 
10,240 posts, read 4,268,687 times
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Originally Posted by Shizim View Post
I know people like this who buy in a significantly less desirable towns. They rather the flashy house to show off vs good schools for their kids etc.

Not saying everyone is like this. but i know a number of people who are.
Yes, these people i think were drawn into the bigger new house.

I know a family who bought a house in Abington like this as well. They chose newer nicer house in a town with not great schools vs less house in town with good schools.
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Old 02-25-2022, 11:12 AM
 
9,335 posts, read 8,983,910 times
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Quote:
Originally Posted by Shizim View Post
I know people like this who buy in a significantly less desirable towns. They rather the flashy house to show off vs good schools for their kids etc.

Not saying everyone is like this. but i know a number of people who are.
Some people buy houses in average or below average towns, but send their kids to private schools.
I know my manager is like that.
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