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by natrius
6595 days ago
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I'd seriously consider buying a house/condo if I had the money (though not in the Bay Area). Livable inner city neighborhoods are only going to get more expensive relative to the rest of the market as time goes on because people are realizing that living in the suburbs is kind of lame. If gas prices continue to go up and stay up, rents in such areas will shoot up as well. The environment you live in is a huge part of your life, and if you don't own your home, you're unlikely to be able to stay in an environment you enjoy. Aristocratization[1] isn't that far fetched. [1] http://www.theonion.com/content/news/report_nations_gentrifi... |
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