Reply To: Any Solution For Affordable Housing in Jewish Communities

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#978658
fed ben fed
Member

Housing prices are a function of supply and demand. Frum people like living with other frum people with proximity to shuls schools and access to kosher food (etc..).

Moving a whole kehila would provide an initial benefit to the pioneers, but with the arrival of more families, we would just recreate the supply/demand issue and drive up the prices.

Also please keep family money out of the fruminomics. When Yankle brings a large downpayment from Tatty (increasing demand), he is artificially floating the high prices. Meaning; if no one could afford a 500k house then the prices would normalize around the real purchasing power of the family (250k?)

To get a good deal:

1. Move OOT

2. Be a pioneer and move a little farther out from the core area