Sometimes I can't believe the prices of homes here on Long Island!
Luckily I own a home but DH and I talk about buying another home in a couple of years and I just can't justify it!
It seems a 4 bedroom colonial in a nice neighborhood could cost anywhere from $600K to $800K. Is that worth it?
Do you think that $600K to $800K for a house is reasonable?
The Original 2nd-time-around
Posted:
Member since
Re: Is owning a house becoming a 'Luxury'?
Reasonable?? NO! But unfortunately, it's the reality of it.
It really is discouraging. I own a home also, but like you, would love to upgrade and I just don't see that happening
MrsTC
Posted:
Member since
Re: Is owning a house becoming a 'Luxury'?
it's insane - this is why we are not buying on LI or tri state local area. We just can't - not worth it to us. My parents will come visit and DH's parents are far away to begin with!
butterfly20
Posted:
Member since
Re: Is owning a house becoming a 'Luxury'?
higher house prices, higher taxes..... definately becoming a luxury, but fh want to live on long island near our family and friends
mlp924
Posted:
Member since
Re: Is owning a house becoming a 'Luxury'?
It's the same in Cali or the nicer suburbs of DC and Boston. We live in the center of the world and we pay for it. Its not fair and I wonder how the next generation will do it.
cooky11111
Posted:
Member since
Re: Is owning a house becoming a 'Luxury'?
That is why we moved Upstate. My DH is from here and I am from LI and we discussed it because I owned a house in Selden and it was much less expensive to move up here. We built a 2700 sq foot house (we designed it) on 20 acres and the house is beautiful and it is about at least half or maybe a fouth of what it would have cost on LI!
ddunne23
Posted:
Member since
Re: Is owning a house becoming a 'Luxury'?
Sad but true! That is why for me..LI is a nice place to visit, but not where I want to live anymore.
