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that sort of attitude is like saying "there is no marriage today. It is a glorified contract that the woman can cancel at will, and you will pay dearly for it."
Exactly, genius. If your lose your salary and your woman/man leaves you, then even you will realize that this marriage was an investment.
there is a solution to that, raise the rent! Or buy where the hillbillies are, cant raise the tax too high on those hill billies. Lighten up, you take this way too serious.
So now you are going to rent out the house you are living in as well? The State of New Jersey has turned every homeowner into a glorified renter with their ridiculous property taxes.
Well there is certainly fear out there, but in comparison to the rest of the country the prices in NJ have not dropped as dramatically. When the country as a whole gets back on track, there will be a market in this area because of the location, IMHO.
Well there is certainly fear out there, but in comparison to the rest of the country the prices in NJ have not dropped as dramatically. When the country as a whole gets back on track, there will be a market in this area because of the location, IMHO.
You interpretation for the price lag in NY area is wrong. Higher priced areas are usually last to fall. The fact that the prices in NJ have not dropped dramatically is an indication of how low the prices need to go before buying. We do NOT compare with the rest of the country. We compare NJ with NJ before the bubble.
All the housing cheerleaders here use in a way or another one of the following arguments (feel free to add):
1) Buy now or priced out forever aka we reached bottom
2) House ownership is priceless aka renting is for low lifes aka buying a house is not an investment
3) Real estate is local aka NJ is different
All of course have been shown to be ridiculous.
Let's see how creative these people can be. Is it a new argument or a variation of the above?
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