Having lived in the NE for nearly 35 years, I can honestly say I wouldn't move anywhere else, even if those other places had similar housing prices.
Sure, you have to be a bit selective when picking a street to live on, but that is the same as anywhere else. There's "rougher" areas all around the city.
Crime? Crime is so low everywhere, it not really even worth talking about. I highly doubt its higher than anywhere else in the city, by any significant amount.
Amenities? All readily available.
Transportation options? generally better then anywhere else in the city. The area isn't mostly reliant on one road like many other areas in town are. LRT, and bus routes work well. I can get to most places in the city in a relatively reasonable amount of time.
The multiculturalness of the area is a big factor why I like the area so much. There simply isn't many other places around (frankly, in the entire world) where people of so many cultures mix together and intermingle.
Frankly, I haven't heard a legitimate reason to dislike the NE that's not racist or classist - if you call those "legitimate" reasons.
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