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lpangelrob t1_jbm2lu4 wrote

Reply to comment by DM-me-ur-tits-plz- in [OC] Ratio of Median Sale Price of Single-Family Homes to Per Capita Income, by Metro Area by thatdude333

I stayed behind for the tech job!

The good news is that houses are affordable. The bad news is that they don’t increase in value… at all!

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DM-me-ur-tits-plz- t1_jbm2v6x wrote

Yes, a blessing and a curse! My parents plan on moving south for retirement, but don't want to stomach selling the house for less than they bought it for... They bought it in 2007!

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lpangelrob t1_jbm3b0y wrote

Ah yes, that was not a great year to jump in, since that was peak-ish.

Source: bought in 2005.

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DM-me-ur-tits-plz- t1_jbm3un7 wrote

I've always kept an eye on the Chicago tech sector (know a few people from college who are big on the whole "built in Chicago" train) because I feel like I'll eventually want to go back, but it feels like so much of it is Fintech which has never really appealed to me.

If my current company ever opens a Chicago office I'd probably pursue it.

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lpangelrob t1_jbmajup wrote

Some of it is, but it’s really a hodgepodge. I’m in marketing tech, there’s some insurance, some food, Groupon, Uptake, consultants, and Fortune 500 companies.

None of it is either bleeding edge or hypergrowth territory, which may or may not be what the new college grads are looking for.

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SaggyFrontButt2 t1_jbmpo0l wrote

This is a problem with a lot of north suburb Chicago homes. They’re already relatively expensive with high property taxes, but don’t really increase in value. Worst of both worlds

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