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Boston or Denver?

I’m trying to settle on a location to buy my first condo — anyone have any opinions on if Boston or Denver is the better investment? Both have similar property tax rates (for Suffolk County in Boston) so it comes down to which city people think will see more growth. I imagine Denver may have the possibility to grow more, but Boston is probably the safer city, as there’s a lot more education, industry and history. Furthermore, while Denver may be cheaper than Boston, the rent prices are probably like half what they are in Boston, so once I move out of my first time home purchase and start renting it out, I’ll be renting it out for significantly less in Denver than I would Boston. However, because my mortgage would be like 500 a month cheaper in Denver, I’d be able to save/invest more over the course of the next several years while I live in my first home. Is it better to spend less now and invest more? Or spend more on a place in Boston, but reap higher rent from renting it out in 5-10 years when I move into my second home?

Sorry if this is confusing, I’m just having trouble deciding which option is more financially sound. Basically, Boston seems like the safer investment as it’s a more stable city. And I’ll be able to charge more in rent when I move out, but the home prices are more expensive in Boston. Meanwhile, a lot of people seem to think Denver still has a lot of growing to do, so it may be a better investment to buy in Denver as the city is on the upswing. Plus Denver is cheaper. But I won’t be able to get nearly as much in rent as I can in Boston. Also, though people say Denver is growing, the city overall seems much less clean, safe, and well -managed compared to Boston — from my experience in Denver, it feels like the city has more problems like homelessness, bad air quality, and crime. Does anyone foresee a future where Denver doesn’t flourish? Where Denver fails as a city? A big reason to invest in Boston is simply that Boston feels like a very stable city to me, with much nicer buildings, public spaces, and much less property crime.

Ahh, i just have no idea. I’m feeling very indecisive between my two options, any thoughts on the future prospects of Boston vs. Denver long term are hugely appreciated!

submitted by /u/kirazykid
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source https://www.reddit.com/r/RealEstate/comments/18l83hk/boston_or_denver/
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