Buying a home in nyc compared to surrounding areas

[Ahsan Khan]

So i was doing some research and i thought about this question for a while. I was looking to buy a home for for myself like every ordinary person would but after reading this forum i thought even if i am a regular home buyer i can treat it as an investment, Now property in brooklyn queeens is expensive. But is cheaper in long island, westchester and surrounding counties(not exactly cheap but compared to square foot in nyc) Although property is expensive in NYC, taxes are way cheaper compared to all surrounding areas even including counties in nj. Using staten island as an example Because in bk or queens you wont get as big of a home for that price. So if i had a 750k investment i would be paying around 7k a year in taxes and theres a slight chance of appreciation as well over there. Compared to say in nassau county a 750k home would be about 14-15k tax a year. What do you veterans think? Is there something im not analyzing into this.

[Scott McMillan]

Well don't forget the city tax from living in NYC limits.