5 years later the condo is up 40%, Hatoff's gas is now being destroyed for (I assume?) more condos, a brewpub is opening pretty close, and families are moving in everywhere. And my mortgage is still $1500, and it will be for the next 25 years until it's paid off.
So why move? I can make great money and I locked into an improving neighborhood. Don't a lot of young people with useful skills do this? Buy into a hood-ish area and wait for it to develop?
I wouldn't have raised a family here before gentrification, but every month it seems more realistic...
My point is, I live an expensive city but I made the right decisions. And now it isn't so expensive, and when I'm at 10 years, 15, 25 years experience, I will still be here.
And anyone who thinks I'm bragging, you can do the same thing I did. My recommendation is Jackson Square and Roxbury Crossing, you can find quite affordable properties in Roxbury. Don't buy where things are nice now, buy where things will be nice later.
EDIT - Hatoff's is just undergoing renovations.[0] I wish it would close! Cheapest gas in the entire city, and connected to a gambling parlor. Not quite gentrified yet...
EDIT 2 - Yes down-vote all you want, sorry me and thousands of other people make economically rational decisions regarding where we put down stakes.
[0] http://www.jamaicaplainnews.com/2017/04/02/historic-hatoffs-...