PostPostMinimalist

PostPostMinimalist t1_ito7vst wrote

Jersey City in particular. It’s value prop if you ask me is (relative) affordability with convenience. You don’t get suburban schools or houses, and you don’t get the best of NYC. Now drop the relative affordability and what’s left is somewhere I don’t want to buy. Maybe if taxes put downward pressure on actual home values it’ll even out, maybe.

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PostPostMinimalist t1_isj9yqt wrote

Seems to me that it’s calmed down a bit?

I just looked today and went through lots of price histories. Increases from ~2018 mostly seemed reasonable. Higher than normal perhaps but not obscene like the summer. Plenty of triple digit price decreases and units sitting for weeks.

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