apartment shortage

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  • #587866

    willi
    Member

    what can be done about the shortage in new developments / apartments – especially in the city?

    Should ppl start moving out or does it pay to be squashed just to stay near family?

    I personally think it’s the mentality you grow up with, more than the difficulty itself of living a little bit away from where you grew up. My proof is that in Israel it’s very common to buy apartments out of area / in settlements, when parents reside in the center, like Yerushalayim or Bnei Brak. Also, Europeans (Brazil or Australia etc.) know from when they’re young that they’ll very likely have to live in the States, London or Israel.

    So, wondering what others have to say on this matter.

    #619912

    lgbg
    Member

    willi you have a very good point.

    I dont know where your refering to a shortage of apartments, however, I know in Lakewood the lack of apartments is not normal.

    New couples are moving here by the dozens and theres no where for them to go….

    I think the biggest chutzpah is landlords are all hiking up the prices because there is such a demand for apartments!

    #619913

    Klerr
    Member

    One possible solution is to buy land and build apartments.

    #619914

    willi
    Member

    klerr- who has money to buy land?

    #619916

    tzippi
    Member

    Willi, the problem with the E”Y comparison is that the American equivalent of moving to outlying areas means going beyond the tri-state area, like say, to Virginia, or the midwest and beyond. Are young couples willing to do that? Many American outlying communities are willing to help with relocation and job placement, but I don’t know if all the young couples in question would be comfortable with these communities.

    #619917

    willi
    Member

    tzippi – you don’t have to go as far as Virginia… People from Williamsburg for example hesitate to go to Boro Park & vice versa, let alone Monsey..

    #619918

    RBS_gimmel
    Participant

    Another point is distance. If your parents live in Yerushalaim and you live in Beitar, so it’s about a 20 minute bus ride.

    But l’havdil if the parents live in NY, and the kids in Chicago – then we’re talking about an 18 hour drive, or a 2 hour flight.

    #619919

    Feif Un
    Participant

    lgbg: Why is it a chutzpah? A normal market has a law of supply and demand. As demand grows, prices go up. Simple economics. Perhaps the problem is that Lakewood is being shown as “the place to go”, while it probably isn’t the best place for many of the people going there.

    #619920

    ZachKessin
    Member

    With all the foreclosures etc these days I would imagine if someone was willing to do the legwork this might be a good time to start some new communities. Look for a street with a bunch of foreclosures and offer to buy them as a group. If you could get 15-20 families to sign on you would have in instant community. Of course you would have to build a shul/mikva and school etc but it could be done if the financing could be found.

    This does require finding a bunch of families willing to be pioneers, I don’t know how hard they would be to find

    #619921

    angelmarie
    Participant

    Regarding the Lakewood apartment shortage, I find it ironic that all we have been hearing about lately is the unsavory tennants being given apartments that are owned by the orthodox community but yet young frum couples can’t find anywhere to live.

    #619922

    shaule
    Member

    it depends on the relationship you have with your family and it depends on a persons financial situation as to where he will live

    #619923

    kablan
    Member

    all i can say as far as rentals go it looks like to me or orthodox families are to particular and to demanding

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