S.G.
I use to work realestate and my husband and I own buildings in the city. I personally like and hate the city. But I've lived here my whole life and wouldn't live anywhere else. you can't look at property in the present. You need to really look at least 10-20 years ahead. How is the neighborhood gonna be, whats all the new construction gonna bring. The good thing about the city is all the brand new construction going on. All the construction is displacing alot of "people" you dont want as neighbors, whom are moving out to the burbs for cheaper rents and taxes. Now many suburbs are being forced to have public housing, many of the new buidlings which aren't selling are being sectioned 8. Do your homework, research public housing locations and Section 8 rentals in Dupage. Find out if the suburb has an alliance with a lower income areas and busing the kids into your kids school. All that plays a role in time. Melrose Park, Cicero, Riverside..and now Brookfield and Countryside ar having gang issues..these are just some burbs whom were all american communities and within 20 years had a major turn arounds...If your planning to invest long term..I would adivse stay in the city, look to buy in up coming neiborhoods. Our area is pretty mix, but when my kids are grown(10-15yrs) this will be a high end area in Chicago. and there the ones that are gonna enjoy the properties investment. Hope the info helps..good luck