Friday, June 14, 2019

$70,326,699 divided by 52...

renders an average of approximately $1,352,436.52 ( actually it is .519 ) as the cost of a property advertised inside this supplement to today's n y times aimed specifically ( for the most part ) upscale gentrifying ( if not civilizing ) chicago...
in answer to the overt question, yes i have and it isn't in chicago...nor would it have been in any other urban status ghetto for that matter...admittedly the urban landscape and i are mutually exclusive and doubtlessly the anathemas flow both ways..i am alright with that...the urbanists can pound sand and stay out of my back yard ( which could do with a fewer rabbits as well...both are pretty much pests )...
averages lie and the one above is no exception...the high end of the fifty two properties inside this glossy brochure is a $6,900,000 half floor on the gold coast...a deal for the up and coming elitist..a trophy..a physical manifestation of the obvious superiority of the wealthy...even if it is wealth marooned in the "second city" and not manhattan or the more fashionable ( but not fireproof ) sections of london...
oh there are more modest abodes here too...$95,000 will put you in a "starter home" condo out in buffalo grove with the suburban proles..motivation to move up into a better "place in the world "...shuffled off to the back pages, compass obviously equates a sub million dollar price tag as failure on the purchaser's part...
the gem of the collection is on the cover though...another gold coast condo for a trifling $7,850,000...with...apparently...a current owner with a penchant for wood floors and shoe decor...it would be tempting to lay all this imperial extravagance and worship of wealth at the doorstep of trumpist america...unfortunately the robber baron chic has been around a lot longer than trumpy...back past jay gould and charles tyson yerkes even..i am inclined to blame hamilton and his peers among the framers of the constitution...washington wasn't the first president because he was a competent general or a humble virginia farmer...
before i go i do have a question to ask...does nayone else find a 21,000 square foot home a gross misallocation of resources?

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