Posted Jul 11, 2019, 11:51 PM
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Registered User
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Join Date: May 2006
Location: Chicago, IL
Posts: 5,683
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but it goes back to the point that 400k prototype homes are not going top be built in the north side neighborhoods we're talking about where they might be considered "affordable" given their neighboring peers. the idea is they would be built on city owned lots in predominantly south and west side neighborhoods where, were they to go up, would instantly be the most expensive home on the block. so it really solves for nothing, other than some token new construction. if youre a middle class family in the market for something in the 200-300k range, none of this speaking to you and youre going to buy the older fixer upper in a non-hip area like you would have otherwise anyway. and frankly that older home is probably going to be better construction anyway.
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