GaijinPunch wrote:orange808 wrote:
Denver metro area and that's very expensive. Why no big drop? Because, Denver doesn't suck.
Yeah I think I read a market analysis that used those exact terms. Denver is only expensive for Denver. If you're measuring COL indexes it's not a contender in the least. Chicago isn't really either to be fair despite being the 3rd post populous city in the cuntry and rent is down about 12% on average, a la NYC. You'd probably rate it as a shit hole though.
I always laughed. They called the metro area Chicagoland. It was like an amusement park where you get shot!
I think the Kennedy expressway is one of the Chinese hells. Even without traffic, it's terror. Almost got killed by pranksters throwing a rock on the hood of the car one night. It bounced and dented the roof. If it hits the windshield, I probably smash into the concrete overpass. Good times.
If you have a lot of money, almost any city is quite welcoming--both in country and abroad. Commute time is a necessary trade off for me, because I dislike crowds, riding the train, and I don't enjoy watching people urinate in the garden. I couldn't afford a proper loft downtown, anyhow.
I imagine people that secure a permanent remote work arrangement are abandoning some sort of unhappiness. It's more than bad neighborhoods. I think you're talking about San Francisco. The bubble has burst, it seems. I would argue that outsized living expenditures are shitty. Some of those losses are a market correction.