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Old Posted Aug 28, 2019, 10:50 PM
OrdoSeclorum OrdoSeclorum is offline
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Join Date: Mar 2010
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I'm not quite following this argument, but there are about 1,700 single family homes for sale in Chicago right now between $175,000 and $309,000. Homes that look like the one my mom grew up in.

Many of those are in questionable neighborhoods. But LOTS of them are in Albany Park, Avondale, Portage Park, Humboldt Park and Beverly. They aren't all hip, but I've got friends with kids who live in those neighborhoods. And there are three bedroom condos all over the city for less than $309,000.

If two teachers can buy a single family home in a safe, walkable neighborhood, your city doesn't have an affordability crisis. If schools continue to improve and crime drops more, we might have an affordability storm on the horizon. But Chicago can still open the spigot and allow a lot more apartment construction outside of the central area if we become supply constrained.
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