He’s living somewhere dumb. You can get an apartment in NYC for $300K - $700K, depending on the neighborhood. If you pay $1 million to live 1 hour from “a city” (which city? Fucking Cleveland?) you’re clearly overpaying.
That’s a Toronto suburb…my brother lives there, no HOA though. Bought for 350k, 15 years ago and gets offers for 2m routinely. He’s mortgage free too so when the kids are off to university, he’s selling and moving.
That’s $1.5 million in real dollars (USD, not goose bucks). Not as bad, but still dumb. I guess people are willing to pay more to not live in a city. They just pretend around the edges.
Why would you want all the drawbacks of a city (traffic, high prices) with none of the benefits (walkablity, arts, amazing architecture, infrastructure)?
Cuz he’s got literally everything he wants in his community, down to the regional pickleball complex LoL. His neighborhood is just as walkable as mine is and I’m considered to be downtown adjacent. Stores, parks etc all within reach.
His kids both go to specialized high schools for athletics and performing arts and those are only available in Toronto at the level those kids need so he’s going to float around the edges of the big city until they’re off to Europe or university after graduation.
He’s living somewhere dumb. You can get an apartment in NYC for $300K - $700K, depending on the neighborhood. If you pay $1 million to live 1 hour from “a city” (which city? Fucking Cleveland?) you’re clearly overpaying.
That’s a Toronto suburb…my brother lives there, no HOA though. Bought for 350k, 15 years ago and gets offers for 2m routinely. He’s mortgage free too so when the kids are off to university, he’s selling and moving.
That’s $1.5 million in real dollars (USD, not goose bucks). Not as bad, but still dumb. I guess people are willing to pay more to not live in a city. They just pretend around the edges.
Why would you want all the drawbacks of a city (traffic, high prices) with none of the benefits (walkablity, arts, amazing architecture, infrastructure)?
Cuz he’s got literally everything he wants in his community, down to the regional pickleball complex LoL. His neighborhood is just as walkable as mine is and I’m considered to be downtown adjacent. Stores, parks etc all within reach.
His kids both go to specialized high schools for athletics and performing arts and those are only available in Toronto at the level those kids need so he’s going to float around the edges of the big city until they’re off to Europe or university after graduation.