Quote: (06-23-2018 12:16 AM)jordypip23 Wrote:
Quote: (06-18-2018 07:54 AM)jamaicabound Wrote:
Quote: (06-18-2018 04:43 AM)jordypip23 Wrote:
Quote: (06-17-2018 10:44 PM)jbkunt2 Wrote:
How on Earth can you compare Chicago with Nevada?
For a tier 1 global city, Chicago is very affordable.
Compare it to it’s like-for-like peers. Not to Mid-size Midwestern towns or rural areas.
I totally get where you're coming from as well. But when it comes down to it, I don't think Chicagoland's leaders truly care about the middle class anymore. The ROI is pretty horrible. Is there much difference between being a middle class suburbanite in the suburbs of Chicago vs. a suburb of some other decent sized Midwest city?
Now if I'm filthy rich and able to eat out at Michelin rated restaurants in the city of Chicago & have enough clout to land on the board of trustees of storied institutions, sure, Chicago trumps its Midwestern peers, lol.
You actually bring up a really good point and a question I ask alot. If you live in the city of Chicago, and like city life I would argue Chicago is definitely worth it. Every weekend during the summer there's some awesome street festival going on, we have amazing restaurants both Michelin stuff as well as great taco joints and all other types of great restaurants. We have the lakefront, a pretty decent job market, there's a lot to do here.
What I often wonder is exactly what you asked. If your living in the suburbs of Chicago, how different is your life in the Chicago suburbs than it would be in the Indianapolis or Milwaulkee suburbs? Probably not too different which begs the question if your not actually in the city are you kind of overpaying for your house and living expenses just for being in proximity of a place you don't even really take advantage of?
The one argument I can see for Chicago burbs still being decent is while you aren't "in" the city you are within say 45 minutes of a major International Airport, commuting to Chicago for jobs or to see a show or go to a game. YOu have a lot of sports teams for sports fans. I think even being in the perifory of Chicago you still reap many of the benefits.
Again by no mean trying to stick up for this cesspool we call Chicago and Illinois but it does still have some cool things going for it
Yeah you're right. Those reasons are why the region hasn't really collapsed yet. It's no secret that the region is losing population though.
I'll be very curious to see what the future holds for Chicago. While we are on track to turn into another Detroit, you can't really compare the two because Detroit was 100% reliant on a dying industry for the most part where as Chicago is a bit more diversified in terms of the amount and types of businesses we have here.
While Chicago isn't really known for tech we have a pretty good tech presence in River North, McDonalds and a lot of other companies are here, some movies and television shows being shot here, good restaurant, tourism and some confrences and stuff. For that reason I think Chicago's decline will be a lot slower.
I know there's a lot of talk about Chicago gaining white collar professional citizens but losing a ton of people overall in general.
Also, another thing that will have a big factor is that while Chicago overall is a fairly affordable, but you do have to factor in property taxes as potentially living somewhere besides Chicago I could afford another $300 on my monthly mortgage so I think people keep that in mind when figuring out what type of home they can afford. Surprisingly Chicago's property taxes aren't as bad as some surroudning suburbs which somewhat surprises me but they do get you with all types of other fees