Quote:
Originally Posted by EngiNerd
I don't know when you last looked, but 250k won't even buy you the 6000sf piece of land, let alone an actual house, in Wash Park anymore.
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That's kinda my point. At least for my anecdata, price matters. If you're priced out of one area, and you want to buy a home, you have to look elsewhere. Even then, the people in my anecdata set are wanting to buy as much house as they can. $300k for a house near South Downing? Great, but that house is only 1,100 sq ft. You can get a 2,200 sq ft house elsewhere if you're willing to have a longer commute downtown.
Of course my anecdata pool is a very biased sampling of about 30 or so people I can recall off the top of my head. It's not anywhere close to scientific, hence why I'm combing the words anecdote and data. I'm just merely stating I buy into the notion that we millennials might move back to the 'burbs.
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