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The most expensive house listing for Gary right now seems to be for $575k; for Houston, it's $20 million, a difference of 35x. The average sale price in Piney P
by nilkn 4y ago
The most expensive house listing for Gary right now seems to be for $575k; for Houston, it's $20 million, a difference of 35x. The average sale price in Piney Point Village is apparently just under $3.7 million (https://www.har.com/pineypointvillage/realestate https://www.har.com/pineypointvillage/realestate) and the average rent is $8500/month. So on and so forth.
I think you're imagining all Houston real estate as cheap/affordable, when in reality the city has lots of extremely expensive real estate. It just also has affordable housing due to widespread construction of townhomes, apartments, and condos. Something like Gary just isn't comparable.
- selectodude 4y agoGary is a suburb of Chicago and comparing it to Greater Houston seems a bit absurd. Chicagoland has many units that are listed for $15+ million.
- nilkn 4y agoI think you replied to the wrong person. I did not choose Gary as a comparison; rather, I explained why it was not an appropriate comparison.
- Maursault 4y ago> I think you're imagining all Houston real estate as cheap/affordable, when in reality the city has lots of extremely expensive real estate. I wonder what sinking into the Gulf of Mexico is going to do for property values.
- orangepurple 4y agoYou're thinking of Galveston which everyone abandoned to go to Houston a decade ago
- Maursault 4y agoWas the article about Galveston or Houston?
- orangepurple 4y agoGalveston will sink way before Houston
- seanmcdirmid 4y agoParts of Houston sinking is the original topic of this HN post, this debating of Houston's success is just a tangent.