It will be more like Atlantis city in about 50 years. Totally underwater.

I would argue, yes. It's worth it because of the ability to, relatively, easily commute to Manhatten. These rents are not competing with Manhattie at all. Look at the increases over there. Small one bdrms in lower Manhattan are goin for about $3500 in pre-war walkups. JC is still, and probably always, gonna be a cheaper alternative to Manhattan, Brooklyn and Queens. It'll probably never be as fun, but from an economics angle... yes of course.

Hate to say it buh... inflation. Also, that's the lure. 2 months free and cheap, you have to know they will jack it up. I was saying that to my wife before they finished those because they were hurting the wider rental market.