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Rodney,
Here in the North East they have been making high density housing selling for 350k -450k and making them all assisted living and senior communities. The people are selling their houses for 450k and moving into these high density housing.
As a newlywed couple we are not able to afford to purchase anything along those lines and have a reasonable commute into work. In fact we were lucky to find something in NYC to buy an apartment for 250k...even in NYC my mother in law a true starving artist never was able to qualify for low income housing a requirement in all new buildings in NYC since the 80s.
As far as I'm concerned all the politicos and developers all know what they are doing. They are making money.. not making affordable houseing.
The Palisades in NJ is a beautiful coastline to Hudson River, viewed from the NY side. The Rockefellers didn't want their view spoiled, so they purchased that land and made sure that no one was able to develop on it. That's the only real solution ever.
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