4 ms·
> Why do the rich keep moving farther away? Rich enough to feel they’re above a mere apartment[1], not rich enough to afford a condo. [1] american also seem o
by Swizec 9y ago
> Why do the rich keep moving farther away?
Rich enough to feel they’re above a mere apartment[1], not rich enough to afford a condo.
[1] american also seem obsessed with the idea that houses are for owning and apartments are for renting. Having grown up in buildings full of people/families owning their apartments and sharing costs of building upkeep, I never understood this. Maybe the co-op approach is a remnant of socialism and I’m the weird one.
Personally I’d much prefer to own a nice flat downtown than to waste my life commuting.
Sharing space with the hoi polloi is half the fun of living in a city anyway. Gives your neighborhood some character, interesting people to talk to and to see out and about.
Nothing worse than a neighborhood full of your average middle class suburbanite to drain all the life out of a place. I’ll never forget how utterly terrible living in Menlo Park was. shudder
Edit: sorry that is probably offtopic. My initial point was that real estate is actually more expensive closer to city centers. Maybe “the rich” aren’t so rich after all.