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saintjohnxxiii
Guest
Northern New Jersey is one of the country’s most affluent parts. 800k for a house like that is probably the norm.
Those are very good points. Real Estate has gotten insane and that amount is nothing compared to what happened in Germany.I was about to say this. While it might be above the norm, in fact, it’s certainly not ludicrous as many in other states in the U.S. might think. My parents house in a similar type of area is worth about the same, give or take, and while they have it pretty well they aren’t what you might call wealthy.
My young wife and I have looked at houses again in a similar area and finally settled on something worth about $400K, but we are just starting out in life. The costs of housing (and everything else) are inflated in these parts, but with salaries to match.
Anyway, it’s hardly surprising for any retiree who has worked hard all of his/her life to have housing slightly better than the norm. If only all hardworking retirees were so justly rewarded.