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weaver787 t1_j6lpzy5 wrote

High income young couples, mainly.

As for the rest of your post, home ownership is not always objectively better than renting. There are benefits to renting.

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TheZachster t1_j6mpqrm wrote

3BR at 4600/mo is 1535 per month per bedroom. Considering a 1BR is 1800+, youre getting at least newer construction for less than if you didnt have roommates. And if its you and 2 good friends going from your shitty college apt to this, now that everyone is working, I could see the reason why.

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Dapper-Translator-88 t1_j6mq2c5 wrote

Yeah I understand but you wouldn’t always want to live with others

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TheZachster t1_j6mqi8i wrote

sure but if you cant afford a 1BR, which is many people, then this is not a terrible option. Its a large price for sharing the space, but not absoletely unfathomable like you made it seem in your original post. Could totally see a new college grad that got a job in the area living with a friend or 2, each on their entry level jobs.

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Jimmytowne t1_j6mr0xo wrote

Good point, for people who don’t like to live with others, they typically don’t rent 3 bedrooms all for themselves

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jawnbaejaeger t1_j6m1iej wrote

Who the fuck is going to pay $4600 for an apartment in East fucking Brunswick? WHO ARE THESE PEOPLE?

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Mr_Matt_K t1_j6mmmr4 wrote

> WHO ARE THESE PEOPLE?

Pretty much only Jerry Seinfeld at this point, oddly enough.

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pollofritto18 t1_j6mmp4k wrote

Rich Asians. Hang around the Starbucks they eventually build, and that's all you'll see. Not even 10 years ago, Hudson County was little (insert Latin city name), now it's all Asians and Indians in their midtown uniforms. Excited to see what camden looks like in a few years.

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Selenophile10 t1_j6mwle3 wrote

You'd be surprised how many people aren't cut out for home ownership and why renting is the better option, even at this price.

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