New York vs Chicago Buildings

[Account Closed]

Hey all, my name is Brianna, ive been on here before but am still very new to REI. I recently moved to chicago for work, but im from New York. In the next year ill be taking the leap and buying my first multi family unit. Originally i was all for investing here in chicago because its still a popular city and has potential (i think) but i love new york and was wondering what you all think about which market has the most potential for long term investing. What certain things should i be researching in order to see which market has the most potential? Such as population trends,new jobs coming to the areas and such. Also im referring to nyc and the boroughs not upstate as much but in the future id branch out to long island or westchester possibly. Please let me know any thoughts or comments, its all really appreciated.

[Eric M.]

These articles might interest you. There are a lot of misconceptions about Chicago's population decline. Our population is shifting more than declining but we do have our share of issues.

Two-Graphs-Show-Why-the-Chicago-Area-Is-Losing-Population/

chicagos-shifting-population