Quote:
Originally Posted by Mightyqueen801
Lol, I never said maybe you'd have to go to another country. Silly.
I honestly did not think there were many places in this country where $150k would buy a SINGLE FAMILY HOUSE. Some posters showed me examples. I live in Monmouth County, in a town with no schools, no police, no fire department, a 942 s.f. condo that I paid 180k for in 2010 and is worth maybe $160 now. My taxes are $4800.
I did just look up Freehold on Realtor. (20 minutes west of me). All the properties under $150k are either condos or "mobile" homes with the exception of one 1221 3 BR 1 BA s.f. sfh for $140k. So technically, yes, you are quite right, but those are not the types of structures people with families are usually looking for when they say they want to buy a house. I just retired from a job in the city and it took me two hours each way by train every day, so we are at the outer limits of the NYC commute here.
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That's extra funny you ignored the Freehold when it was RIGHT WITH the Vineland and it IS LITERALLY in your "back yard" county of Monmouth.
I said Trulia, not Realtor dot com.
There are more than that but now you changed the straw man to:
Single Family
Detached for a FAMILY. IN NORTH JERSEY.
True there are only a couple in Freehold specifically that meet that criteria but that is a far cry from NOTHING IN THE COUNTRY [OR NEW JERSEY.]
And while it may not meet your ~standards, yes shockingly people still do buy manufactured houses. Instead of moving to, say, Equador.
And they even move to The Villages in Freehold when retiring (gasp).
Your condo will probably come back to 2010 prices but it'll take years. NJ is sagging because there are still lots of foreclosures. And people not in foreclosure still aren't able to sell because it'll be a loss - still upside down.
You bought before the bottom of the market, and it's one of the worst commutes to the city considering how close it is...on top of it! Yikes. So you're kinda stuck.
But it'll be great getting your life back now!