@milaspoo When you’re old and walking in circles looking for your keys, wallet, light bulbs, high school class ring, a shoe horn, and the string you tied around your pinky to remind you …
the steps add up 🤣
@Duffy_Domino@Jeffrey40360669@wakeupnj I don’t think so on a purchase. A mortgage application would normally require a photo ID, Social Security number, proof of address, etc. Highly regulated process both state and federal.
@Jeffrey40360669@Duffy_Domino@wakeupnj Sadly, yes — deck feels stacked. There’s also corporate house-buying and professional investors purchasing single-family homes to long-term landlord, reducing supply.
@Jeffrey40360669@Duffy_Domino@wakeupnj Good question. Probably a few reasons come to mind. NYC residents transplanting to Jersey. Boomers hunkered into 3% mortgages unwilling to sell and re-buy in New Jersey at 7%. Many affluent towns are mandating builders develop affordable housing pursuant to state directives.