The biggest problem in Lakewood, more than in Monsey, is the yeshiva situation. Where are all the rich people who sold their Flatbush houses for $2 million and bought huge houses in Lakewood for $500,000? Housing in Lakewood is much cheaper than Monsey. Lakewood also is a city setting while Monsey is like the country, roads up and around hills. Commute to Manhattan is so much easier and faster from Monsey. Monsey is very chasidish too. Truth is, me personally, I’d rather stay in Brooklyn. Shuls on every block, yeshivos and BY galore. Tuition pretty affordable. Shopping everywhere for anything.
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