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Originally Posted by moorhosj
True, however commute times are very important for dual income families, the people buying these homes (millennials) have grown up in a more diverse world and housing prices have some inevitable ceiling on the northside where people will look for other alternatives.
We have already seen the beginnings of this type of shift in South Loop and Bronzeville. People realize you can buy a $400k SFH in Bronzeville, with a shorter commute than your $700k SFH in Ravenswood Manor.
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I think new(ish) SFHs for $400k in Bronzeville are a rare find these days. Could probably find a duplex though. There's a lot of underutilized or straight up vacant land on the near north side and along the north branch. Cabrini, LY, and everything east of the Kennedy and west of the north branch between Chicago and Addison is primed and ready w/o anyone feeling like they are a "pioneer". You're at the heart of all the action...