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> This has led to is a glut of high quality housing at very low prices. The amount of money one needs to save up for a downpayment in Chicago on a 2BR in the ci
by DevKoala 4y ago
> This has led to is a glut of high quality housing at very low prices. The amount of money one needs to save up for a downpayment in Chicago on a 2BR in the city center is 5x lower than in San Francisco or New York.
That is because it is Chicago and not SF. Not because of taxes.
- bergenty 4y agoWell Chicago is one of the best cities in the world to live in based on rankings so I don’t know what you’re implying here.
- DevKoala 4y agoMy point is that there are a dozen factors that account for the difference in housing costs. The median income, the population density relative to the housing inventory, the weather, the demand, etc.