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Will chicago real estate market ever boom like other markets?
| Crystalline Filthpig Old Irish Cottage | 04/18/21 |
| charcoal bat shit crazy meetinghouse newt | 04/18/21 |
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Poast new message in this thread
Date: April 18th, 2021 11:34 AM Author: Crystalline Filthpig Old Irish Cottage (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301683) |
Date: April 18th, 2021 11:40 AM Author: charcoal bat shit crazy meetinghouse newt I wouldn’t bet on it. More supply than demand (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301703) |
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Date: April 18th, 2021 11:43 AM Author: jet toilet seat lodge Also if this is all driven by people trying to park cash in real assets the sky-high property taxes will not make Chicago RE attractive. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301713) |
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Date: April 18th, 2021 11:48 AM Author: Hairraiser lake spot Plus who wants to live there? (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301728) |
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Date: April 18th, 2021 11:45 AM Author: Twisted trip state Not during covid (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301720) |
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Date: April 18th, 2021 11:56 AM Author: Crystalline Filthpig Old Irish Cottage I mean after covid (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301765) |
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Date: April 18th, 2021 11:45 AM Author: Canary flickering piazza goal in life lol (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301722) |
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Date: April 18th, 2021 12:32 PM Author: Beady-eyed maniacal university queen of the night Lol they are raising the already astronomical property tax rates (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301906) |
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Date: April 18th, 2021 12:32 PM Author: Hairraiser lake spot (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301907) |
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Date: April 18th, 2021 12:36 PM Author: Beady-eyed maniacal university queen of the night Perhaps the OP meant downward boom or implosion (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301918) |
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Date: April 18th, 2021 1:21 PM Author: Aphrodisiac twinkling set yep. this is what's strangled price appreciation. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302113) |
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Date: April 18th, 2021 12:33 PM Author: vigorous cocky hairy legs community account No and the simplest reason is because there's much more available land to build there than there is demand. If demand starts ticking up they just expand the geography of where they build to accommodate it. One of the essential ingredients of a property boom is there has to be more demand than supply and Chicago's geography never sets up for that situation. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301911) |
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Date: April 18th, 2021 12:42 PM Author: thriller startling location private investor why was chicago basically the birthplace of the skyscraper if there was so much land available all this time? (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301939) |
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Date: April 18th, 2021 12:46 PM Author: Beady-eyed maniacal university queen of the night His answer is not really the reason why, it's more that the tax rates are astronomical, Illinois is the most fucked up State in the union, the weather is worse than any other major city, and 2/3 of the city is an uninhabitable war zone (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301951) |
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Date: April 18th, 2021 1:07 PM Author: thriller startling location private investor isn't Chicago just basically another Cleveland/Milwaukee/Buffalo/Detroit, just less TTT to begin with so it hasn't sunk as hard? (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302033) |
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Date: April 18th, 2021 4:42 PM Author: bistre ungodly corn cake Not sure on that, compare golden age Detroit to "The Jungle" era Chicago which were almost contemporaneous. I think the race riots really wrecked Detroit where Chicago never had big ethnic tensions because the democrat machine was able to successfully co-opt them or Daly's thugs cracking skulls. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302876) |
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Date: April 18th, 2021 12:47 PM Author: Black tripping gas station jewess No. It's insane how much supply there is. When I lived there a few years ago there were luxury highrises going up every fucking block. Legendary boomer landmarks like Ed Debevic's getting BTFOd by sodosopa buildings (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301962) |
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Date: April 18th, 2021 12:49 PM Author: Ocher rehab is there any economies there? corn production? (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301964) |
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Date: April 18th, 2021 12:49 PM Author: appetizing blathering prole casino no one wants to live in that shithole (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301966) |
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Date: April 18th, 2021 12:56 PM Author: Aromatic Parlour Doctorate The none nig infested zones are 180 (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301983) |
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Date: April 18th, 2021 12:57 PM Author: Black tripping gas station jewess (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301987) |
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Date: April 18th, 2021 12:59 PM Author: Ocher rehab aren't these the suburbs? (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42301995) |
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Date: April 18th, 2021 12:59 PM Author: appetizing blathering prole casino no one fuking moves to those areas either unless they already are from the midwest
ive never heard of anyone being like oh ill just go take a fuking job in chicago
at most u get ppl who go to NW or UofC, thats abt it, everyone else there is fuking midwest fat trash |
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Date: April 18th, 2021 1:19 PM Author: vigorous cocky hairy legs community account terrible take (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302105) |
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Date: April 18th, 2021 1:28 PM Author: Black tripping gas station jewess (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302141) |
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Date: April 18th, 2021 1:26 PM Author: Henna Bateful Rigpig Institution (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302135) |
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Date: April 18th, 2021 1:26 PM Author: Transparent nursing home generalized bond It’s already booming for SFHs in good neighborhoods because there’s such low inventory. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302134) |
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Date: April 18th, 2021 4:38 PM Author: mischievous fear-inspiring office marketing idea (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302855) |
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Date: April 18th, 2021 1:30 PM Author: Misunderstood Soul-stirring Chapel Pistol Aren't north Chicago suburbs booming? Everyone is moving away from the city (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302148) |
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Date: April 18th, 2021 1:30 PM Author: vigorous cocky hairy legs community account Not just the north suburbs all the burbs. But the city center is also rebounding. It's the poor / working class areas in the city limits that are getting fucked, as usual. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302151) |
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Date: April 18th, 2021 1:31 PM Author: Aromatic Parlour Doctorate Doesn’t that mean the city is undervalued? (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302154) |
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Date: April 18th, 2021 1:32 PM Author: Twisted trip state No the tax situation is untenable and the demand is suspect w covid (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302161) |
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Date: April 18th, 2021 1:37 PM Author: Aromatic Parlour Doctorate People will come back post COVID (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302173) |
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Date: April 18th, 2021 9:12 PM Author: Beady-eyed maniacal university queen of the night (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42304015) |
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Date: April 18th, 2021 1:32 PM Author: Twisted trip state That's what I've heard. Huge exodus from the city (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302157) |
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Date: April 18th, 2021 1:51 PM Author: Crystalline Filthpig Old Irish Cottage Families yeah but young people still wanna be there (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302205) |
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Date: April 18th, 2021 1:34 PM Author: Transparent nursing home generalized bond Houses in places like Lincoln Park, North Center, Ravenswood etc are also selling for 10%+ over asking. (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302164) |
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Date: April 18th, 2021 4:41 PM Author: Talented Locale Gunner Indianapolis > Chicago long-term (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42302869) |
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Date: April 19th, 2021 11:04 PM Author: Hairraiser lake spot (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42311641) |
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Date: April 19th, 2021 12:06 AM Author: Beady-eyed maniacal university queen of the night Ljl (http://www.autoadmit.com/thread.php?thread_id=4813469&forum_id=2#42304989) |