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objectimpermanence t1_je1dwpj wrote

Reply to comment by LoneStarTallBoi in Tenants Fight Back As Rents Soar In Jersey City And Hoboken by mad_dog_94

Your $200/month (wtf?) apartment was definitely more of an exception than a rule. Marketwide, rents there haven’t gone up anywhere close to 10x since 2006.

Prices have been going up in Houston, but not nearly as much as they have been in the NYC metro area.

A solidly middle class family earning <$100k in Houston can still afford to own or rent a decent home in a decent neighborhood. Good luck doing that in most other coastal cities where NIMBYs rule the roost.

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LoneStarTallBoi t1_je1fkzg wrote

That's because Harris County is four times the size of NYC. You can find a decently affordable home out in Paterson, too.

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objectimpermanence t1_je1o8nc wrote

Paterson is not affordable relative to local incomes. Median household income in Paterson is only $48k, which is less than it is in Houston.

Open up Zillow and you will find very few habitable homes on the market in Paterson for under $300k.

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LoneStarTallBoi t1_je1rp2j wrote

And south park and Lawndale are also not affordable, relative to local household incomes. You can make a statistic do whatever you want.

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