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355 for a colonial in Eastern suffolk? How far east are we talking if you don't mind - what town? I don't know of any single family ranch homes below 400 in the northport, greenlawn, st james, smithtown, or three village areas with the rare exception.
none of the towns you mentioned are eastern suffolk. anyway, are you looking hard enough? there's move in ready homes available in every area you mentioned sub $400k, save for greenlawn.. which is odd bc there are areas in greenlawn where you should be able to get houses in the low 300s (or even lower) for a fixer upper. Theres even an awesome 80 year old 3 bed/1.5 bath in old stony brook off 25A for under $300k with taxes under $5000 w star.
none of the towns you mentioned are eastern suffolk. anyway, are you looking hard enough? there's move in ready homes available in every area you mentioned sub $400k, save for greenlawn.. which is odd bc there are areas in greenlawn where you should be able to get houses in the low 300s (or even lower) for a fixer upper. Theres even an awesome 80 year old 3 bed/1.5 bath in old stony brook off 25A for under $300k with taxes under $5000 w star.
Anyone earning a good NYC salary is going to want something closer/better/newer/bigger. $350K for a 50 year old hi-ranch with zero curb appeal? A home that in all likelihood will need a new roof, AC or something else in the first 5-10 years of ownership?
Anyone earning just enough to buy one of these is probably better off moving to NC where they can get something like this in Charlotte -
It’s been shown that LI average weekly earnings equal those in NC, so for someone living and working on LI the excuse about ‘you earn more on LI’ does not apply.
So the other reason why someone would buy this is either they are starting out or want to stay on LI to be near family. Good reasons, but I think people at times have blinders on that paying these kinds of prices for mid-Suffolk is ‘normal’.
Anyone earning a good NYC salary is going to want something closer/better/newer/bigger. $350K for a 50 year old hi-ranch with zero curb appeal? A home that in all likelihood will need a new roof, AC or something else in the first 5-10 years of ownership?
Anyone earning just enough to buy one of these is probably better off moving to NC where they can get something like this in Charlotte -
It’s been shown that LI average weekly earnings equal those in NC, so for someone living and working on LI the excuse about ‘you earn more on LI’ does not apply.
So the other reason why someone would buy this is either they are starting out or want to stay on LI to be near family. Good reasons, but I think people at times have blinders on that paying these kinds of prices for mid-Suffolk is ‘normal’.
People live AND work on the island, ya know. Not everyone makes $200k a year and needs to be close to the port washington line. And really? What kind of rational person has a good job and life here (gasp! its possible) and also cross shops houses 650 miles away?
What's the market for those homes? Oh, I don't know.... normal people?
People live AND work on the island, ya know. Not everyone makes $200k a year and needs to be close to the port washington line. And really? What kind of rational person has a good job and life here (gasp! its possible) and also cross shops houses 650 miles away?
What's the market for those homes? Oh, I don't know.... normal people?
Anyone who earns at or less than the median family income should always look at different options. When you show examples of houses that quite honestly look pretty dated it’s reasonable to also show how little you get for your money.
Anyone who earns at or less than the median family income should always look at different options. When you show examples of houses that quite honestly look pretty dated it’s reasonable to also show how little you get for your money.
If I'm a nail salon worker or barber affording a "pretty dated" entry level home, why would I consider moving to NC where there's no way my line of work would ever pull in the same amount of money. I'd still be buying a "pretty dated" entry level home in NC because of the lost of income.
Same if I was in the I.T. field. I search a basic Helpdesk field for Charlotte and got 400 results. Raleigh 650. Same search for NYC shows 1000+. Even if the jobs paid the same amount of money, my chances of finding that job is much higher here.
If I'm a nail salon worker or barber affording a "pretty dated" entry level home, why would I consider moving to NC where there's no way my line of work would ever pull in the same amount of money. I'd still be buying a "pretty dated" entry level home in NC because of the lost of income.
Same if I was in the I.T. field. I search a basic Helpdesk field for Charlotte and got 400 results. Raleigh 650. Same search for NYC shows 1000+. Even if the jobs paid the same amount of money, my chances of finding that job is much higher here.
You can't win with some of these people.
"Cheap houses don't exist on LI!"
"Yea, they do, here they are. All move in ready"
"Those houses look dated, you should buy one somewhere else"
If I'm a nail salon worker or barber affording a "pretty dated" entry level home, why would I consider moving to NC where there's no way my line of work would ever pull in the same amount of money. I'd still be buying a "pretty dated" entry level home in NC because of the lost of income.
Same if I was in the I.T. field. I search a basic Helpdesk field for Charlotte and got 400 results. Raleigh 650. Same search for NYC shows 1000+. Even if the jobs paid the same amount of money, my chances of finding that job is much higher here.
But you are using NYC as an example. Have you done the commute from Stony Brook to the city? I have. Do a search for Suffolk jobs, and then compare salaries.
"Cheap houses don't exist on LI!"
"Yea, they do, here they are. All move in ready"
"Those houses look dated, you should buy one somewhere else"
And some people are self-delusional and don’t realize that there is something west of LI. As I’ve said before, if you stay because of family and friends, or love LI, that’s great. But don’t stay due to ignorance or fear.
But you are using NYC as an example. Have you done the commute from Stony Brook to the city? I have. Do a search for Suffolk jobs, and then compare salaries.
Pretty sure everyone has already admitted that LI survives off of NYC's jobs.
Yes, when I first moved, I did that commute 5 days a week. It was great. Instead of spending 1.5 hours from bus to 7 train from Queens to Manhattan, I got a relaxing nap on the train every day. Twice a day. I'm in St James, so its a 5 min difference from SB. Great for me, not for everyone.
At the time, my wife was working as a receptionist for a MD in Queens. Now she works as an administrator at a Health Insurance company in Ronkonkoma making about 35% more.
Thanks to my decision to move to LI instead of relocating out of state, I now only have to make that trip 2-3 times a week as a partner in the company. Could it have happened in NC, possible, but I believe opportunities are much lower.
And some people are self-delusional and don’t realize that there is something west of LI. As I’ve said before, if you stay because of family and friends, or love LI, that’s great. But don’t stay due to ignorance or fear.
Have you ever lived anywhere else?
Yea, there sure is and I love it out west. I have some friends and family in other places too, the grass is always greener my man. Never lived anywhere else besides upstate for college, right now, I'm happy here. The few small issues in my life would also exist even if I lived somewhere else.
People love pimping out out-of-state options on the forum here like its the only solution. For some people? Yea, its a great option. For others, not so much, and some people simply can't do it even if they wanted to.
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