ST Alpha - "please note about the $500K house - that's not what your average person lives in. -- nm" (Reading a Post)

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please note about the $500K house - that's not what your average person lives in. -- nm

Posted by Andie (aka Andie) Sep 14 '10, 11:48

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right. The average person rents or owns a condo or townhouse, in an urban area. -- nm - Beryllium Sep 14, 11:51 8
- Sure. I think most of us (at least me and groiny for sure) are used to the "suburban" model where we can still leave near Chicago - oblique Sep 14, 11:53 7
  - right, if i went an hour outside the city, it goes wayyyyyyy down. -- nm - Andie Sep 14, 11:57 3
    - Yup. We're contemplating adding a 45-minute commute for a bigger/cheaper house (in a couple years). - Dr.Vermin Sep 14, 12:00
    - That makes more sense. That didn't look like a "city" house but sure had the city prices. My commute is 1hr+ and I don't even make it to downtown -- nm - oblique Sep 14, 11:58 1
      - yeah, that does make more sense. -- nm - TFox Sep 14, 12:05
  - We've dismissed many of the suburban areas near us because the commute would be hellish. We'd need Leafs or Volts. -- nm - Beryllium Sep 14, 11:56 2
    - It's all a trade off, that's for sure. I get a bigger house but pay for the gas and time to get to work. -- nm - oblique Sep 14, 11:56 1
      - If we didn't have to get into the heart of downtown every workday, it would be an option -- nm - Beryllium Sep 14, 11:57
I'm fairly certain most people buying that level of houses have significant down payments. - Reagen Sep 14, 11:51 3
- exactly, it's not a starter home. they have equity. -- nm - Andie Sep 14, 11:51 2
  - I have million dollar homes in my neighbourhood. That blows my mind. -- nm - Reagen Sep 14, 11:57 1
    - You think that is bad, we have *you* in our neighborhood. - Neighbors Sep 14, 12:29

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