<p>There was a news story on the radio about the MBTA (Boston Rapid Transit) running out of capacity in ten years. It appears that there are real estate developers building apartments and condos around train stations and the projections look pretty amazing. There’s a severe housing shortage in the Boston area and I can see the attractiveness of living near a Train Station.</p>
<p>Here’s an example. It’s literally a thirty second (at most) walk to the rails. I didn’t realize that those apartments were so much. My mother lives about 1/2 mile away. When I need to go into Boston for a while, I park at her house and take the train in. My siblings and relatives do the same thing. Nobody wants to pay for parking in Boston.</p>
<p>^^When I pointed out that the apartments would be expensive, you pointed out that it was relative. From my standpoint, they’re relatively expensive. All my family that lives in that area, own their own houses.</p>
<p>Restaurants and store are a little under a mile away but it’s quite a pleasant walk. Nice sidewalks with leafy trees. I used to walk that route to school everyday. If you don’t like to walk, you can take the train one station and you’re in the middle of shopping and food. The school district is excellent too - maybe that contributes to the cost.</p>
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<p>I didn’t expect them to be that expensive. My guess is that there is housing in other cities and towns near the T that is less expensive. The rents at those apartments aren’t much less than apartments in Boston.</p>
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<p>Same here. My mother paid about $30K for her place. It’s probably worth around 20 times that now. Other relative bought a place in Lexington for $250K. There have been a lot of teardowns and McMansions replacing them in the last 15 years - I’d guess that her place is worth 2.5 times or more now.</p>
<p>I think about moving there from time to time but I do enjoy the relative peace and quiet (and low taxes) in MA.</p>
<p>Inside 128, things are expensive. Newton, Cambridge and Brookline are particularly expensive. Watertown is less expensive and not that less convenient. Inside Boston, there are a number of cheaper places to live - Mattapan, Dorchester - all wonderful places! </p>
<p>“Maybe your mother knows doct’s mother” I hope not for BCeagle91’s mother. My mother has been dead for 13 years!</p>
<p>“The specific reason for Thursday’s plunge was a call by the Swiss central bank for Credit Suisse, which has 2 million private banking clients worldwide, to increase its capital position.
The central bank’s demand implies a capital shortage of about 11.5 billion Swiss francs ($12 billion) for Credit Suisse and and an eight billion Swiss franc ($8.4 billion) shortfall for UBS (UBS), “which needs to be filled in the coming seven years,” wrote Dirk Becker, an analyst for Kepler Capital Markets, in a note to clients.”</p>
<p>Forgetting even the 20% move, 100 dollar oil at some point in the next 12 months is
Likely a no brainer…the problem is NOBODY knows, all this blather is a edumacated guess ;)</p>