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Originally Posted by Kenmore
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Great and informative post about why you think the CSI is indicative of the market for Chicago. Next time, I'll be sure to ask you for YouTube videos instead of providing your own insight.
Though I do agree that luxury places aren't indicative of Chicago as a whole, you also miss the mark in thinking the market is only downtown in the city. It's not, though the market isn't huge as far as different areas go. At the same time, $10k houses from Englewood are even less representative. The area has many moving parts and blindly posting CSI without realizing that there are tons of different properties sold in Chicago everyday regardless of how expensive, that are not counted as part of this particular is a little weird.
At the same time, too high of an increase is not a good thing nor sustainable. I know we aren't shooting for last place, but first place as far as an actual functioning city goes shouldn't necessarily be the thing to strive for imo unless the #1 spot won't lead to issues.