Re:A SimCity Interactive Map of Chicago's Zoning
by nikanj on Wednesday December 27, 2023 @04:08AM
(#38780316)
The phrasing I liked the best was ”the area colored pale green are reserved for families who qualify for a seven-digit mortage”
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Re:A SimCity Interactive Map of Chicago's Zoning
by lotsofpulp on Wednesday December 27, 2023 @06:52AM
(#38781122)
I would bet 90% of the properties in the pale green section of the linked map are worth much less than $1M (technically the bar would be $1.25M for a $1M mortgage at 20% down since it would be a jumbo).
In Zillow, choosing recently sold houses only within last 60 days shows mostly $300k to $600k detached single family houses, with a few $1M+ houses in the northeast section (I-90/94 seems to be the demarcation of most $1M+ homes).