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Another Reason to Live "In Town", Instead of the 'Burbs
Original post made
by Mike, College Terrace,
on Mar 8, 2008
"Even within the megaregions, he said, not all real estate is created equal: "If I had to give advice, I would say to buy single-family homes closer to the core, not in the outlying areas where the more affordable housing is. The really knowledge-driven people have to be more effective, so they have to use their time more efficiently, so center locations have become more valuable. Even in places like Washington, D.C., where the suburbs have been hit so hard (by the real estate downturn), the inner city core has held up."