Quote Originally Posted by duke79 View Post
It used to be (and I don't know if it is still true?) that real estate prices around Atlanta were quite reasonable compared to the Northeast, for example. I have a close friend of mine who went to Duke and he used to own a fairly nice two bedroom condo outside Boston and in the early 90's he got transferred down to Atlanta, so he sold his condo outside Boston and for approximately the same amount of money that he got from the condo sale, he bought a very nice brick "mansion" in one of those suburban towns north of Atlanta that was probably triple the square footage of his Boston condo.
Yes - these are pretty common in Atlanta and are much of what I was referring to. Unless prices have gone up more than I thought, the vast majority are under $1 million. A lot of them are being built in the suburban sprawl that I don’t believe is City of Atlanta.