Educational_Paint987 t1_je7mjmr wrote on March 30, 2023 at 12:12 AM

Reply to comment by TimSPC in How have house prices gone up in cnj? by ccseater2

There are plenty of places they are just priced at 200% their actual value.

But Murphy will be happy to give people 1000$ to distract them...

Practical_Argument50 t1_je7pr4d wrote on March 30, 2023 at 12:35 AM

Uh this doesn’t make any sense. Try to buy a piece of land and build a house yourself and see what it costs. It will probably be close to what houses are going for. To remodel a current cape cod to a colonial (add a level) costs over $250k that’s just to put a addition on the house.

BTW they aren’t making any more land

[deleted] t1_je7o92o wrote on March 30, 2023 at 12:24 AM

[deleted]

Educational_Paint987 t1_je7owce wrote on March 30, 2023 at 12:29 AM

They should cap or stop LLCs buying of SFH.

They should levy special tax on house flips under 12 months.

They should create a state wide system to limit landlord price hikes % at every renewal.

The list is long.

TimSPC t1_je7rqmc wrote on March 30, 2023 at 12:50 AM

Eliminate single family zoning.

Deebomber t1_je85pv0 wrote on March 30, 2023 at 2:37 AM

Don't give them any ideas they already tax the air we breathe