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Old 09-14-2012, 10:58 AM   #14
shermanator
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Quote:
Originally Posted by Bunk View Post
It's pricey, but for people that choose to live there, they'll likely be saving thousands in transportation costs every year. There's always tradeoffs.
Sure, but unless you buy in cash, you will also spend thousands more in interest to the bank every day than you would for a similarly sized condo in the suburbs. Wouldn't it make more sense to move 12 blocks west and pay 225k for the same sq footage in an older building?

I'm a huge proponent of living in the inner city, but prices like these are just outlandish.
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