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  1. #1

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    I see dozens of available rental units in Midtown/Downtown/Corktown on Craigslist, rb.

    I think the big question that remains unanswered is the stickiness of downtown residents. I know several individuals that made the move downtown and, after a year, are choosing to move back out to the suburbs. They haven't found it worth the additional money or [[in some cases) inconvenience. That happens everywhere, but we need not forget that there's still an outflow of population from the city center.

  2. #2

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    Quote Originally Posted by michimoby View Post
    That happens everywhere, but we need not forget that there's still an outflow of population from the city center.
    While I don't have stats handy, Michimoby, I would bet good money that downtown/midtown have a strong net influx of residents. Undoubtedly there are more people living downtown than there were a year ago, or anytime in the last many years. Yes, there are more units. But, damn, there are just more people downtown. When I used to come back to visit, I would sometimes spend a night or 2 downtown before going to stay with relatives. In the evening, when there wasn't a game, I would walk around all alone downtown. That is not the case now.

    I realize some people don't stay downtown, but that's not bad. Urban living isn't for everyone, or for everyone's whole life. Most of the people moving downtown are younger people [[I would say under 40). People in that bracket are still settling into lives and careers. When jobs and relationships and personal goals change, sometimes where you want to live does, too. Also, prices have gone up. When I started eyeing moving back in 2008/9, I was often checking apartment prices. Let me tell you: the same units are now hundreds of dollars more a month. They wouldn't be in there was a higher vacancy rate now.

  3. #3

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    Quote Originally Posted by michimoby View Post
    I see dozens of available rental units in Midtown/Downtown/Corktown on Craigslist, rb.

    I think the big question that remains unanswered is the stickiness of downtown residents. I know several individuals that made the move downtown and, after a year, are choosing to move back out to the suburbs. They haven't found it worth the additional money or [[in some cases) inconvenience. That happens everywhere, but we need not forget that there's still an outflow of population from the city center.
    Hopefully the Duggan administration would build up the neighborhoods so that downtown residents would move into them when they want to raise their families in homes instead of lofts and apartments

  4. #4

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    Quote Originally Posted by michimoby View Post
    I see dozens of available rental units in Midtown/Downtown/Corktown on Craigslist, rb.

    I think the big question that remains unanswered is the stickiness of downtown residents. I know several individuals that made the move downtown and, after a year, are choosing to move back out to the suburbs. They haven't found it worth the additional money or [[in some cases) inconvenience. That happens everywhere, but we need not forget that there's still an outflow of population from the city center.
    I've lived downtown and Lafayette Park since last September and I have yet to meet a person who moved out of downtown because they didn't like it, inconvenience, etc. I've only met one person who even moved out and that was due to work transfer. Obviously, this is only anecdotal and I'm sure everyone has different experiences.

    I'd be interested to see the "outflow of population" from the city center. Almost every apartment building in downtown is full and rents are skyrocketing. Personally, I've met at least 15-20 people that have moved downtown in my year and know only one who has stayed.

  5. #5

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    Quote Originally Posted by Spartan View Post
    I've lived downtown and Lafayette Park since last September and I have yet to meet a person who moved out of downtown because they didn't like it, inconvenience, etc. I've only met one person who even moved out and that was due to work transfer. Obviously, this is only anecdotal and I'm sure everyone has different experiences.
    It's completely anecdotal. I've been downtown for 13 years, and there is a ton of turnover [[including in LP, which tends to shed families with children of school age). There is no net loss, but with typically very small units and few school choices,* the retention possibilities for families and/or affluent people are actually pretty poor. In a sense, turnover is just as bad as outflow.

    And in the CBD, at least in terms of unit sizes, it seems awfully "Rime of the Ancient Mariner" when there are huge empty office buildings that realistically will never again be filled with offices. Water, water everywhere.

    HB

    *I think that on investigation, you might not find Waldorf or Friends aligned with your educational [[or religious) views.

  6. #6

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    Quote Originally Posted by michimoby View Post
    I see dozens of available rental units in Midtown/Downtown/Corktown on Craigslist, rb.

    I think the big question that remains unanswered is the stickiness of downtown residents. I know several individuals that made the move downtown and, after a year, are choosing to move back out to the suburbs. They haven't found it worth the additional money or [[in some cases) inconvenience. That happens everywhere, but we need not forget that there's still an outflow of population from the city center.
    Ofcourse there is movement,, I agree, but that is nothing different in any city,, people move in , people move out, all for various reasons.. some like it, some dont,, it all depends on your life and what you want.. There are many people moving in and lots move out.. The general trend from what I see is not that many moving out because they dont like it,, a few but not as many as before, this happens anywhere,, I have good friends who moved out of Birmingham on Grant Street last year because they dont care for the people.. everyone has a personal spin, What I think is definetly happening is a greater interest to live downtown for some really logical reasons.[[ work proximity, social closeness,, types of people in the area) . and this is good,, this is what expands areas. Downtown has lacked that attitude for years and it is most certainly here now.

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