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New Jersey Real Estate Q&A Discussion Forum
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Updated about 2 years ago on . Most recent reply

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Is the NJ forum dying out?

Posted

Is it just me, or does it seem like the NJ discussion is drying up? It used to be so much more active, and the past 6 months have had very few posts.  

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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

I grew up in NJ (Orange) and went to high school in NJ (Ocean City), and I am quite fond of Jersey and hate to see it decline but in all honesty I can barely fathom how anyone who makes less than $100k annual even stays there. I finally got my mother to retire close to me a couple of years ago, and she really got out at a good time because housing prices have barely budged from where she lives but property taxes are off the hook. I'm a pretty liberal guy but there's such a thing as being way too liberal, big government & tax oriented. Anti-landlord stances make it really difficult to invest in the state for the average landlord, who might not own 1,000 units and can't afford to spend a year trying to get someone out of their property. Some things have just become too out of whack. So wrapping back to the question, it doesn't surprise me that it's kind of dormant because people I know that have money that might have been investors there are instead looking south and midwest. 

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Skyline Properties

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