Re:What Happens When a Suburb Begins to Die?
by Swizec on Wednesday October 11, 2017 @05:38AM
(#15448435)
> Why do the rich keep moving farther away?
Rich enough to feel they’re above a mere apartment[1], not rich enough to afford a condo.
[1] american also seem obsessed with the idea that houses are for owning and apartments are for renting. Having grown up in buildings full of people/families owning their apartments and sharing costs of building upkeep, I never understood this. Maybe the co-op approach is a remnant of socialism and I’m the weird one.
Personally I’d much prefer to own a nice flat downtown than to waste my life commuting.
Sharing space with the hoi polloi is half the fun of living in a city anyway. Gives your neighborhood some character, interesting people to talk to and to see out and about.
Nothing worse than a neighborhood full of your average middle class suburbanite to drain all the life out of a place. I’ll never forget how utterly terrible living in Menlo Park was. shudder
Edit: sorry that is probably offtopic. My initial point was that real estate is actually more expensive closer to city centers. Maybe “the rich” aren’t so rich after all.
Rich enough to feel they’re above a mere apartment[1], not rich enough to afford a condo.
[1] american also seem obsessed with the idea that houses are for owning and apartments are for renting. Having grown up in buildings full of people/families owning their apartments and sharing costs of building upkeep, I never understood this. Maybe the co-op approach is a remnant of socialism and I’m the weird one.
Personally I’d much prefer to own a nice flat downtown than to waste my life commuting.
Sharing space with the hoi polloi is half the fun of living in a city anyway. Gives your neighborhood some character, interesting people to talk to and to see out and about.
Nothing worse than a neighborhood full of your average middle class suburbanite to drain all the life out of a place. I’ll never forget how utterly terrible living in Menlo Park was. shudder
Edit: sorry that is probably offtopic. My initial point was that real estate is actually more expensive closer to city centers. Maybe “the rich” aren’t so rich after all.