They're buying in the suburbs of major metropolitan areas. The ancillary "bump," that those metro area's corresponding suburbs receive as a result of the untenable home prices within the urban areas isn't what I'm talking about.

Throwing in The Top 25 Best Suburbs of Tampa, FL is incredibly misleading and skews the context of what I'm saying as well as the frame of the debate.

Before we go around and around I think we need to figure out whether you agree with me on that point. If not I'm fairly certain neither of us will mind saving ourselves the time of trying to convince each other of anything else as the discussion is pretty pointless.

This post was edited on 8/23/17 at 11:26 am

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Posted by Teddy Ruxpin

Member since Oct 2006

39642 posts

Posted on 8/23/17 at 11:33 am to GFunk

quote:
They're buying in the suburbs of major metropolitan areas.

Maybe I'm a dumbass but isn't that the definition of "suburb"?

Otherwise, you merely just live in a small town or city*.

*Suburbs are outlying districts of "cities", but I don't think we should confuse a city like Lafayette with a real city like Dallas, and I think the definition of suburb implies a larger metro.

This post was edited on 8/23/17 at 11:36 am

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Posted by Mingo Was His NameO

Brooklyn

Member since Mar 2016

25455 posts

Posted on 8/23/17 at 11:36 am to GFunk

Do I think high urban prices are raising the prices of homes in the suburbs as well? Sure, that's a piece of it. I don't think that's all millennials fault they. The economy now dictates that you have to live in an urban area to have upward mobility. For me for example, I didn't necessarily want to move to a metro area, but the salary difference between there and my hometown was just too substantial. I know that's anecdotal (which I've been shitting on) but that reflects the overall shift.

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Posted by dabigfella

Member since Mar 2016

6687 posts

Posted on 8/23/17 at 11:37 am to GFunk

Millenials can easily live in the suburbs, nobody is forcing them to live in city centers. In Houston a 5000 sq ft lot in west university is $600k for the land, that same lot 25 miles north in humble is like $50-100k. Nobody is forcing them to live inside the city. Ideally, yes its nicer, but there is still a ton of affordable housing. I own alot of rental homes in 77060 which is basically greenspoint mall area, its awful, but there are 1500-2000 sq ft townhomes for $60-80k and thats 15-20 minutes from downtown.

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