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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The fall in luxury real estate (in Chicago)

The fall in luxury real estate (in Chicago)

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by George K
    #1

    I would assume Chicago is not alone.

    Selling prices down about 25%.

    https://www.chicagocontrarian.com/blog/chicago-luxury-housing-market-tanking

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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    • MikM Offline
      MikM Offline
      Mik
      wrote on last edited by
      #2

      If you had the ability to move anywhere....

      "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

      George KG 1 Reply Last reply
      • MikM Mik

        If you had the ability to move anywhere....

        George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #3

        @Mik said in The fall in luxury real estate (in Chicago):

        If you had the ability to move anywhere.

        Back when we were considering selling the house, we actually considered moving downtown.

        Glad we didn't.

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • MikM Offline
          MikM Offline
          Mik
          wrote on last edited by
          #4

          We thought we'd move to a smaller condo in the Gold Coast area too. Glad we didn't. The city has a lot of tribulation to go through before they right the ship. Kowtowing to the criminal element won't do it.

          "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

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