posts: 207518
Data license: Public Domain
This data as json
| post_id | thread_id | thread_title | post_number | author_username | post_date | post_date_iso | post_body |
|---|---|---|---|---|---|---|---|
| 207518 | 10448 | Cities to Surf and raise a family in that are somewhat affordable? | 15 | PeakMaster | May 17, 2021 | 2021-05-17T06:40:56-0400 | The thing with real estate ownership near the beach is that, while the market might stabilize or even come to a complete standstill, prices are not going to drop. Not a penny, no matter what. That's just a fact. Hurricane Sandy devastated coastal NJ and NY, thousands of homes destroyed. Less than 10 years later all rebuilt, all far more expensive. Good for people who bought when it was affordable to them. Out of the question for most now. Reality that's not changing and it doesn't matter which coast. Are there alternatives? Absolutely. Live inland a few miles and drive. I look at the real estate market where we are... Seven Mile Island, CMC,NJ...it's stupid 850 sf.studio selling for $750,000. No inventory which drives prices. People fleeing NYC and Philadelphia during the virus...Seems you have a good plan. Get after it. |