 |
|
|
|
|
amother
OP
|
Wed, Nov 20 2019, 6:07 pm
Is there any future for the average young family in Brooklyn? My husband and I make a nice living for people our age - about 150k pretax, are both still in our 20s, have three kids, live in a 2 bedroom apt. We can make it maybe one or two years more in our apartment - but where do we go from here?
We can maybe afford a house that costs up to 600k - that is about 2600 a month mortgage, plus who knows what in utilities will make it tough but probably doable. There's no such house in a frum area though, and we really don't want t olive on the fringes, both for chinuch and convenience.
I doubt there are many young families who make more than we do - so is there anyone young, besides the few rich or children of the rich, who can afford more? Is Brooklyn doomed to slowly die as everyone leaves? Are we going to be backed into a corner in a couple of years, and have to move out? We really are happy with our jobs, schools, and family here.
Does it make sense to try to find a 2 family in the million dollar range and rent out half to make up the mortgage? Or, even should that work, are we doomed to be raising our children here in loneliness as all the frum young people leave? We have friends still in apartments, but very few seem to be buying here.
| |
|
| Back to top |
2 
2 
|
Sebastian
|
Wed, Nov 20 2019, 6:13 pm
|
There's no future unless you're sefardi
| |
|
| Back to top |
0
4
|
dovebird
|
Wed, Nov 20 2019, 6:25 pm
| Sebastian wrote: | | There's no future unless you're sefardi |
What does that mean?
| |
|
| Back to top |
0
1
|
dovebird
|
Wed, Nov 20 2019, 6:34 pm
| amother [ Gray ] wrote: | | Aren't places like marine park thriving? |
They are, which is why houses there mostly start above 600k.
| |
|
| Back to top |
0
1
|
nicole81
|
Wed, Nov 20 2019, 6:35 pm
I personally think Brooklyn is going to dwindle and housing prices are going to level off.
I'm not young, but I am in my 30s and got a mortgage 5 years ago that's more than what you're estimating. I'm definitely not rich, and I work super hard, but working for the city itself has its perks. I would love to live elsewhere, but I can't for at least the next 5 years.
There should be houses around 600 in mill basin. Maybe you consider that the fringes, but it's a thriving community and young people are moving in. If you want to stay in Brooklyn, it's an option. But if you are on the fence, just move out!
| |
|
| Back to top |
0
4
|
professor
|
Wed, Nov 20 2019, 9:27 pm
|
There's always Staten Island where you can get more for your money, live around young families and have easy access to brooklyn
| |
|
| Back to top |
0
0
|
|
Imamother is a community of frum Jewish women, where you can come to relax,
socialize, debate, receive support, ask questions and much more.
© 2020 Imamother.com - All rights reserved
|  |
