Comment on Why is the price of real estate rising so dramatically?
Asafum@feddit.nl 1 month agoYes, people from cities moving to rural towns does impact housing prices which should be a net benefit for the town as it bring in income from outside. It could be a negative when the volume of outsiders is high enough to displace long term residents, but in a vacuum people moving into an area that isn’t overpopulated already should be a good thing.
It’s absolutely a negative for those in the area. I’m literally priced out of the entirety of long Island now. There is literally nowhere I can afford that isn’t in an uninsurable flood zone and I’m too “worthless” to move. Anywhere with work for someone like me is just a shithole city so I just move from renting to renting in a worse environment. :/
spankmonkey@lemmy.world 1 month ago
TIL Long Island is a rural town.
Asafum@feddit.nl 1 month ago
The east end actually is considered rural, at least according to ups/postal deliveries lol