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Old 04-10-2022, 10:23 AM
 
817 posts, read 626,876 times
Reputation: 1663

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Quote:
Originally Posted by Chicago-guy View Post
The beauty about Chicago is that it actually has working class neighborhoods where normal people can afford.
All major cities should be for normal people who can afford basic needs such as housing and jobs. It's a shame we live in a country where the greedy and elite stomp out the normal and working class
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Old 04-11-2022, 06:35 AM
 
Location: Inland FL
2,529 posts, read 1,861,127 times
Reputation: 4229
Every one of them is over priced.
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Old 04-11-2022, 09:45 AM
 
Location: OC
12,822 posts, read 9,541,088 times
Reputation: 10615
Quote:
Originally Posted by NearFantastica View Post
Which is very depressing
Yep, even the IE is pricier than most of Texas I think.
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Old 04-11-2022, 09:38 PM
 
817 posts, read 626,876 times
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Quote:
Originally Posted by Gaylord_Focker View Post
Yep, even the IE is pricier than most of Texas I think.
Both of those places are not exactly desirable either in my opinion. Never understood the appeal/hype of Texas, the IE has really rough areas but at least it's close to LA
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Old 04-11-2022, 10:31 PM
 
Location: OC
12,822 posts, read 9,541,088 times
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Quote:
Originally Posted by NearFantastica View Post
Both of those places are not exactly desirable either in my opinion. Never understood the appeal/hype of Texas, the IE has really rough areas but at least it's close to LA
IE is really hot, it's somewhat attractive, but there's a pretty awful stench in certain parts as it's still got some farms and ranches.

Texas, well, it doesn't appeal to all but it's certainly loved by many.
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Old 04-12-2022, 07:27 AM
 
611 posts, read 364,989 times
Reputation: 527
Quote:
Originally Posted by Chicago-guy View Post
The beauty about Chicago is that it actually has working class neighborhoods where normal people can afford.

There is definitely a high disparity between the rich areas(Where people visit) and the Ghettos (What people see on TV) but there is a working class area that no one visits or talks about.

albany park, Uptown, Belmont craigin, Montclare, Portgage, Irving, Clearing, etc etc.
Rent for studios/1 beds can be found for 1k Give or take.



That seems to be the case. I think that its absolute size and amount of housing stock also helps.
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Old 04-12-2022, 02:43 PM
 
Location: St. Louis
685 posts, read 766,977 times
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I understand high prices in a lot of cities, but not Nashville or Austin. Those two feel more hyped and bubbly than any others, and if I was a new borrower there, I'd be concerned that my long-term price appreciation may stagnate.
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Old 04-12-2022, 04:45 PM
 
2,223 posts, read 1,394,054 times
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Quote:
Originally Posted by RisingAurvandil View Post
I understand high prices in a lot of cities, but not Nashville or Austin. Those two feel more hyped and bubbly than any others, and if I was a new borrower there, I'd be concerned that my long-term price appreciation may stagnate.
I don't know about Nashville, but Austin's prices are fueled by the tech economy. There are only a handful of cities with better tech jobs than Austin and they all cost significantly more.
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Old 04-12-2022, 04:51 PM
 
14,019 posts, read 15,001,786 times
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Quote:
Originally Posted by whereiend View Post
I don't know about Nashville, but Austin's prices are fueled by the tech economy. There are only a handful of cities with better tech jobs than Austin and they all cost significantly more.
Austin is more expensive than Boston, taking into account Property tax rates (2-2.5% vs .8-1.2%)

And they make 15k less on average than Bostonians.
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Old 04-12-2022, 04:56 PM
 
Location: OC
12,822 posts, read 9,541,088 times
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Quote:
Originally Posted by btownboss4 View Post
Austin is more expensive than Boston, taking into account Property tax rates (2-2.5% vs .8-1.2%)

And they make 15k less on average than Bostonians.
There's no income tax in Austin and you get more house for your money.
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