In general, it’s possible to find a bare bones basement in Brooklyn for under $1100 for a couples starter apartment. I’m not sure about lakewood. (I think I have four years to find out, and I’m not looking forward. Chas veshalom,I daven about shidduchim regularly, and hope the hardest part will be the money. There are many parents that wish they had to put together money for an upcoming chasunah.) In general, if the couple can put together a down payment, I recommend them to buy a house as soon as possible, and rent it out until they need it. The cost of refinancing usually equals two months rent, so you have limited risk involved.
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