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Forum -> Inquiries & Offers -> New York related Inquiries
Back in time? when homes are owned by a few & rented by many



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amother
OP


 

Post Tue, Dec 27 2022, 7:56 am
I saw this comment on LinkedIn in regards to homeownership
I'm wondering if you think this is true for New York Jewish areas

https://www.linkedin.com/news/.....4569/
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DrMom




 
 
    
 

Post Tue, Dec 27 2022, 7:59 am
NYC has for decades had more renters than owners. This is true in many major urban metropolitan areas, and it makes sense that as urbanization increases, so too will the % of renters.
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amother
OP


 

Post Tue, Dec 27 2022, 9:24 am
what about Rockland County?
and neighboring New Jersey?

Do those areas suffer the same fate as the rest of the USA in regards to homeownership/renting?

I've seen an increase in young couples buying homes
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amother
Holly


 

Post Tue, Dec 27 2022, 9:27 am
I don’t think the trend is as much in the Jewish communities because we tend to move around less because we have larger established families earlier. The people who rent when they could probably afford to buy is because they don’t want to be locked down to a location
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