Submitted by aaactuary t3_10nyxt0 in philadelphia
Series_G t1_j6dzi7l wrote
Reply to comment by burrata-academy in Thoughts on borough of Norristown for buying home by aaactuary
I think long prospects are good, even tho risk is real, right now
TiberiusCornelius t1_j6e2bpz wrote
Crime is down and incomes are up compared to 15-20 years ago. Property values are also up, just not as sharply as the rest of the county. It is slowly getting better, but the emphasis is on slowly. It has the bones to be a great community but so far it hasn't happened. I think it's kind of in a weird state where you don't want to completely displace people and wreck the housing market with gentrification, but at the same time I think you kind of do need a wave of people to move from the city or other parts of the county to kind of give it that little push. There's only so much you can do with the situation as-is.
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