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sutisuc t1_jadm3if wrote

Reply to comment by Nwk_NJ in For the First Time, A Single Family House in Newark Sells for $1M --- A boxing announcer who closed on the Delavan Ave. house this week said he searched for the perfect home for years all over NY and NJ but fell in love w/the Forest Hill neighborhood in Newark because of its location and its people. by madsheb

Because we want to be able to continue being able to afford living in our homes?

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Nwk_NJ t1_jaduhrb wrote

If you already live in your home, this will be a financial windfall for you. Things happen...Newark is going to see increased value in certain neighborhoods. It is what it is. It's too important a city and has too much potential to fight the organic tides of development and increased value forever.

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sutisuc t1_jaduq0y wrote

I think you mean “own” rather than live in. And given that the vast majority of this city is composed of renters I think you should recognize why most people have an issue with this.

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Nwk_NJ t1_jadypk0 wrote

Yes I meant own. You said in "our homes"... and yeah, life can be a pain in the ass...I'm a renter, and I don't have a problem with it. I mean, sure maybe I'll be priced out. Would have been nice to buy...but that would be with the expectation that the prices would eventually go up and the areas would continue to improve. Maybe I missed the boat, but its not like I'd want the prices to stay low forever and Newark not continue to improve in many areas, which leads naturally to price increases. I think its inevitable is all.

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sutisuc t1_jadyvn1 wrote

You don’t consider the place you live to be your home? When you tell people you’re going home do you say “I’m going to my landlords home?”

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Nwk_NJ t1_jae8njk wrote

I just took it as you owned it. I do say "going home" but I personally wouldn't have said "can't afford to stay in my home" referencing my apt. Just a miscommunication...

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