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KodiakRS posted:So what happens when the gentrification of Chicago eventually cranks rent prices up to San Francisco levels and the middle class all bails to Texas and the southern US? Can a state declare bankruptcy? These are not even remotely comparable cities, and no offense but your question is kinda nonsensical, you might as well ask how the price of tea in China will factor in. If you're priced out in Chicago you are almost certainly not middle class by any sensible definition. San Fransisco prices come from being developmently restricted and geographically contained, and Chicago has neither of those problems. xzzy posted:Yes, and the middle class already lives there. 30+ miles away from the loop, overwhelmed highways, and train stations with 10 year waiting lists for parking. Sure is a great place to settle! I mean sure there are problems but the housing, transportation, and traffic problems it has aren't even in the same universe as the coasts.
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Oct 9, 2017 17:09
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