Holly Schepisi 12:06 p.m. ET May 2, 2017
New Jersey has the highest property taxes, foreclosure rate and is the most expensive state in the nation to own a home. Common sense and basic economics tell us that there is too much supply and too little demand, with high taxes and a dense population distorting total housing costs upward.
Now we are facing the equivalent of housing Armageddon. A non-profit entity with ties to developers is attempting to force towns across the state to build 280,000 affordable housing units in the next nine years.
Shouldn’t we be finding a solution to the crisis?
Housing in nice suburban towns are unreachable for many. We all know that quality education and safety go with this. Why shouldn’t others have access to housing in Bergen? Subsidizing housing is an easy solution.
Property taxes cannot go low enough to make Bergen affordable. We still have bills to pay.
yes, yes.. lets import crime.
A Chicken in every Pot…look it up ..socialism lives..
I SAY BUILD BUILD BUILD, THEY WILL COME. WHO CARES I’M MOVING OUT OF THIS PLACE.
Amend the constitution to eliminate the so-called right to affordable housing that the self-satisfied New Jersey Supreme Court conveniently found therein, decades ago. Problem solved.
The assumption is that people with lower incomes would bring crime?
the assumption is YOU (taxes) will have to pay for new schools, police, fire etc… as well as better infrastructure “Ridgewood Water”