Submitted by Blecher_onthe_Hudson t3_11a2qwh in jerseycity
Blecher_onthe_Hudson OP t1_j9q90mf wrote
Reply to comment by drkensaccount in Want to know why NY metro housing is expensive? Answer in NYTimes OP-ED by Blecher_onthe_Hudson
>That explains why real estate is so pricey in Nassau County, but it doesn't explain Jersey City, which is a completely different market.
Not at all. JC is only 250k in a metro of 20m. Squeeze the balloon in Manhattan and some people pop up in Maplewood or Manhasset but others pop up in JC or Brooklyn. Different segment of the same market.
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