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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I love some of those old houses in Philly and the Main Line suburbs but it would take more than that to get me to move there.  Philly is such a dump and the surrounding communities seem very segregated with little diversity.  I think you'd forever feel like an outsider there. [/quote]

philly is pretty much the 6th borough if you know what i mean. All of the families I know that bought are/were working in new york, and commute back up there multiple times during the week while the other days working in the philly office of their firm (most of them consultants).

it is dumpy but it's getting better.

I find the food scene in philly to eclipse dc by a long shot.

Philly is mroe 'closed off' and 'angry'. It is an angry city.

But I think there's immense value there for the right couple/family/person. [/quote]

On the Easterm Seaboard, Boston, NYC and DC have emerged as the winners, and Philly and Baltimore are the losers.  You can get a great house for a bargain price compared to the other areas, but it's because the demand is low and the jobs don't pay as well.  So you can look at house porn for a while, but then reality sinks in. [/quote]

I don't think Philly and Baltimore are comparable and I've lived in both. Philly is huge relative to Baltimore, and the big employers are universities, medicine and pharmaceuticals. Industries are quite different, but pay in Philly is very good if you're in the right field. [/quote]

Same if you find a job in Baltimore at Hopkins, T. Rowe Price, whatever is left of Alex Brown, etc.  But there aren't as many of those jobs and the pay isn't as good asin other cities, hence the lower real estate prices.  Basically both Philly and Baltimore are industrial cities that are too large for their current economies.  [/quote]

Not to belabor this point, but there are only a handful of big employers in Baltimore. There are a lot more in Philly. And the pay - at least for us - is better than what we were making in DC. So our housing price halved, for a much better house, while our income went up. Other services, preschool, etc., are no cheaper than DC, though.[/quote]

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