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i remember the newspapers used to have the pocono housing section . why rent-when you can own .
what a disaster that campaign grew in to .taxes soared in many of the those publicized areas in monroe .they needed the tax revenue to build more infrastructure for so many .
there were so many defaults . it was one big come on . like these people moved there thinking they were going to commute every day back to the city .
after a while i did not even want to do it every other weekend .
You know the place is messed up financially when they were taking out full page ads in FULL print rags like AM New York and Metro (those free subway papers that I think have gone away, but I still see them sometimes). Big full page full color ads saying WHY RENT WHEN YOU CAN OWN a house in the Poconos? LOL. Okay, sure, let's plop down hundreds of thousands of dollars to live in the rural ghetto.
i would have to be financially independent or be able to work from home every day in order to move to northeast PA. i do love the peace and quiet, nature, and lots of land, and not seeing neighbors
i remember the newspapers used to have the pocono housing section . why rent-when you can own .
what a disaster that campaign grew in to .taxes soared in many of the those publicized areas in monroe .they needed the tax revenue to build more infrastructure for so many .
there were so many defaults . it was one big come on . like these people moved there thinking they were going to commute every day back to the city .
after a while i did not even want to do it every other weekend .
As a kid remember television commercials (why rent when you can own?) promoting new housing developments in the Poconos. This was in the 1970's and into 1980's IIRC.
but remember , the pocono's take in a lot of counties .
the why rent when you could buy was for monroe county . the other counties are nothing like monroe county.
we were in pike county ,and then there is wayne county . all very different compared to monroe so you can't paint with a broad brush . we were in lake wallenpaupack which is extremely nice with one of the best school districts in the state .
it is a boaters mecca so lots of part time residents . these residents pay school taxes but don't use the schools so they have so the schools have so much money . taxes are pretty good too , compared to jersey or long island they can be 1/3. but not in monroe where schools and hospitals had to be built because the people were moving in from all the promotions . taxes are crazy there . we went to photograph Strasbourg and it was nasty in parts .
-Close to Philly and to a lesser extent NYC
-There's a Waffle House
-Puerto Rican booty everywhere
-Rents are way lower than NYC
I was born and raised in Allentown. It is not what it once was, not by a long shot. Once the industries failed (clothing and fabric, metal forging, brewing, Mack Truck, Western Electric and Bethlehem Steel) the City began a long downward spiral. I doubt things can get much worse.
I judge Allentown too dangerous a place in which to live.
Last edited by Kefir King; 10-24-2017 at 07:20 AM..
Can you enjoy anything without calculating the cost down to the last penny?
Just west of the Poconos interests me possibly for retirement, but I really hope to purchase a place before that time comes, probably in upstate NY. I’ve wanted an outdoors getaway my entire life. I’m unconcerned with it’s “nth degree” impact on my investment power because it’s a luxury I’ve dreamed of since childhood. Quite frankly, achieving this has been one of my motivators for getting up in the morning since I started my career.
I think if you view something like a second home as a possible loss of investment dollars, you probably were never going to enjoy it fully in the first place. Some decisions involve “mental health” and shouldn’t be viewed solely through the lense of finances.
I don’t plan to stop my current savings/investments just to buy a cabin, but I sure as hell won’t push every single extra dollar I have off for retirement when I only have one life to live.
we love spending money and likely spend more a year on fun stuff than most new yorkers even make, always did . . . but what turned us sour was all the things it lacked once we retired there .
things have to make sense both financially and mentally to us . which once we had no desire to retire their had neither .
i always wanted a hunting getaway too and that is why we bought it . but once the dating stage ended with the house it was a lot of work and the rewards were growing less and less as time went on .
we found because it was part time every time i had some time off we felt almost obligated to go and we went no where else for years .
today , we love traveling and the ability to go anywhere anytime . we are headed to miami , the keys and cuba soon . then we have a trip to bermuda booked , a cruise to newfoundland , nova scotia, prince edwards and quebec city and a trip to new orleans all booked within the next 10 months .
we have been doing this kind of thing yearly since we got rid of the house .
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