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Question by No_name: Why is real estate in NJ so expensive when the quality of life here doesn?t justify the high prices!??
I am looking for a home to purchase here, and a nothing special house that needs tons of work on a blah neighborhood is out of my reach, unless I want to drive 2 hours everyday to work. Its rediculous! Why is NJ so expensive? There are so many nice places to live in this country that has just as much to offer or more that has a low cost of living!
Is you ask me NJ?s quality of life does not justify the high cost of housing/living.
Can someone shine some light for me?
Best answer:
Answer by L G
NJ is an expensive place to live because it?s so densely populated that property is at a premium. It?s densely populated because of its location, convenient to both Philadelphia and New York City, where many of its residents work or enjoy going for leisure.
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