Posted Mar 25, 2021, 7:32 PM
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Registered User
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Join Date: Dec 2012
Location: Chicago
Posts: 6,931
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Personal income choices always factor into these things. My wife and I can afford a $1.3M place but we don't want to. We make good income but we aren't pulling in $1M/yr. We want to be able to provide for our children especially education and we want to retire at a reasonable age. You could say we could do that even more in some suburbs, and maybe it'll happen, but we like cities.
The 2 bedroom condos in buildings here in nyc next to us start at $1.7M. By contrast, I've seen some pretty decent new or newish 3 bedroom condos in even Lakeview or Lincoln Park for under $800K.
At this point it's a no brainer to move back to Chicago. At the same time though, Chicago in these areas might be cheaper than NYC by a lot but still not TOTALLY cheap.
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