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damnvanc t1_iuj5o0e wrote

Reply to comment by kbd77 in Providence 14th most expensive city by Ciabattabunns

Agreed on the Philadelphia front. It somehow evaded all the cost increases the other northeastern cities experienced. Even the cost of going out to eat and drink there is cheaper than Providence.

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kbd77 t1_iuj9xzb wrote

My partner's best friend bought a house in a nice working class neighborhood in Philly for like $200k last year, and that was in the midst of a record surge in real estate valuation nationwide. I don't get it! It's a great city and it's right in the most expensive corridor of the country, and yet it has small market or large midwest/southern city prices.

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damnvanc t1_iujar8g wrote

I think it's the local values of the people combined with having DC to the south and NY to the north an hour by train for people with extreme ambitions?

Whatever voodoo is going on there has me considering moving there at some point.

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FunLife64 t1_iujd15j wrote

A lot of it is the makeup. Philly is one big land mass. Boston has the ocean on one side meaning it cuts in half the land around it.

New York is similar, plus you have natural barriers the rivers/Manhattan being an island, etc.

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