Who would buy a nice place in, for example, St. Louis right now?!
>Who would buy a nice place in, oh, for example St. Louis, right now?!
People who want to live there regardless and see an opportunity to spend less money doing so. They're the same people who buy real-estate on the cheap after it's value has been depressed by a "fresh in people's minds" disaster in any other location.
Live in a city. Deal with city problems. If you want to live in Nebraska don't be surprised if a tornado flattens your property. If you want to live in Florida don't be surprised if it's underwater. Having rioters burn your home to the ground is simply the mode of destruction you accept some risk of by living in a city.
Personally I'd rather deal with nature trying to destroy my stuff rather than people trying to destroy my stuff but I can understand why people want to live in the city.
For what it's worth, the average person in Tornado alley will live their entire life without ever seeing an actual tornado, much less get flattened by one.
Protests swept the nation. Many cities had increased vandalism. A small number had anything approaching riots.
I am renting a house very near the city center. Were it not for the home prices, I would love to own here... though another poster made a good point. All the good reasons to live in the city (night life, people watching, proximity to friends and services and hobbies) are closed down. At least I can walk to the grocery store.
You say that like it's a past event. Portland is still seeing riot activity. They have done a fair amount of damage downtown. I feel sad for the peaceful BLM protestors because much of the general public will not draw a distinction, so this kind of behavior will blunt their message.
Is this phrase the same as "I disagree with the parent"?
Just because there are protests, etc. going on doesn't mean the entire city is on fire...
Behind the Bastards did an episode on it.
https://www.iheart.com/podcast/105-behind-the-bastards-29236...
Are you suggesting Florida has no cities?
850,000 residents in 1950 and 300,000 now. You are right, Covid had nothing to do with it.
Another factor that is (unexpectedly) making my family reconsider intown living is the school closure decisionmaking. If this turns out to be a 1 or 2 year ordeal, and urban school systems end up going full virtual for that time while (some) rural school systems are still fully face-to-face, then that becomes a huge factor for us.
My guess is that hot areas are getting hotter and colder areas are getting colder, but COVID hasn’t changed that trend yet.
(I'm also in Seattle and waiting for that to happen before I buy)
Paid way too much recently for a townhouse in Ballard, but at the end of the day it seems like a pretty sound decision (we aren't buying for investing, but for living).