Quote:
Originally Posted by LouisVanDerWright
There's a single family home on Marshall Blvd in Little Village for sale for $175k right now. The "affordability crisis" is a total lie. There's actually constantly sub $200k single family homes in good shape in that area. I'm just waiting for the right one to come on the market and I'm going to grab it and move down there. There's one on California facing douglas park right now that needs some work for $90k.
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Right. The entire city does not have an affordable housing crisis. It's the hot or marginal areas that are near hot areas.. which is a common problem in literally every city. There's tons of housing available in the city that is not that expensive. Problem is.. in Chicago, it seems as though when people are looking to move due to these issues, they are sometimes not willing to look at other areas that might not be a hot name. Whether it's where you own or others like a Brighton Park, McKinley Park, etc. I don't know what it is... part of it is maybe outdated information about neighborhoods and outdated advice that north siders seem to follow so much like "don't go south of Roosevelt" and "don't go west of Western."
It sucks to be priced out of your neighborhood and I'm not saying "boo hoo." Areas need to be mixed income to thrive in my opinion, but the cruel reality is that when when there's rules in place, that still happens. It happens everywhere. I'm just saying that when you are actually moving, you sometimes need to expand your boundaries on which neighborhoods to look for and get more up to date information about those areas.
As someone who lives in NYC, a city that does truly have an affordable housing issue, when I see Chicago complain about it, I think "cry me a river. " There are neighborhoods 8 to 10 miles from the center of Manhattan in Queens where a 1 bedroom is still $2000/ month. Condos in Flushing (Queens), 10+ miles away from the center of Manhattan are as expensive as downtown Chicago on average. Chicago does not have this sort of problem necessarily. It has the problem in a handful of neighborhoods, not the entire city.
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