Quote:
Originally Posted by Steely Dan
i never said that a $420K was affordable for the average chicago family, i was merely countering your asinine assertion that "a half a million gets you a 3 bedroom with garbage schools".
you can easily buy a 3 bedroom home in this city in a neighborhood with good schools for under half a million if you're willing to do a little research.
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For sure.
However, it does bring me back to the more important question of what type of housing affordability problem Chicago has. I do think it is somewhat of a problem. Is it a crisis, such as the the big coastal cities are having? No, it's not on that order. But, I would be very interested to see what affordable housing options look like for those in the middle-third of household income distribution, in terms of paying less than 35% of income on housing expense, with respect to schools, crime and transit. Always have an open mind as to real data.
And, please - no nonsense such as the "Chicago has no affordability problem - look at all the $95,000 homes you can buy in x food dessert neighborhoods", or "nobody's entitiled to live in the Gold Coast, you buy or rent in the neighborhood you can afford, and pick yourselves up by the bootstraps". Let's keep all of your libertarian fever dreams locked away and have a real conversation.
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