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As someone who lives in a "lower-cost area", consider that the grass may not be greener on the other side. My sister just bought a place in the city. Tiny compa
by mvc 4y ago
As someone who lives in a "lower-cost area", consider that the grass may not be greener on the other side. My sister just bought a place in the city. Tiny compared to mine up north. And almost as much. But if the next 10 years are like the last 10, she could likely sell hers and buy my whole street.
- eYrKEC2 4y agoSo, live in a shoebox in the city and then what? Completely sever all contact with your in-person social network and start from scratch in a place where you can live like a king? I know that's a choice some folks make, but it seems odd to me.
- ed25519FUUU 4y agoStay in the city while your existing friends group fractures and people slowly move away from you as their family grows.
- eYrKEC2 4y agoThat's probably true. I just wouldn't wait to move out of the city for my shoebox to appreciate.
- lucasmullens 4y ago> But if the next 10 years are like the last 10, she could likely sell hers and buy my whole street. And yet, on _her_ street, she'll still only be able to afford that tiny place, no matter the market. Only works if you plan on leaving in the city at some point, and many don't.
- judge2020 4y agoThe middle ground is to live in a suburb 50+ miles out from a city center. You can still go into the city for flights and events, but you can often find homes on 1+ acre of land that will appreciate in value since urban sprawl isn't going away anytime soon.
- charlie0 4y agoBingo.