Does it seem like everyone’s leaving New Jersey these days? There’s a big reason for that.
High Rent Prices Make Living in NJ Difficult
For many people in New Jersey, finding an affordable place to live feels impossible. Most rental homes now cost over $2,000 a month.
It’s hard to imagine how the average person can pay that much, especially with other bills to worry about. If you have to spend so much on rent, you might as well buy a house somewhere cheaper.
Young People Struggle to Make Ends Meet
Life in New Jersey is getting too expensive, especially for young people. Many are forced to either move back in with their families or leave the state altogether.
They’re searching for places where they can afford to live comfortably.
Cost of Living is Out of Control
It’s no secret that the cost of living in New Jersey is very high.
When a one-bedroom apartment costs between $1,800 and $2,100 a month, it’s hard to imagine a future where you can afford to start a family or buy a home.
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Why Are Young People Leaving?
If state leaders are wondering why young people are leaving, the answer is simple: they can’t afford to stay.
High taxes, rising utility bills, and expensive housing are making it almost impossible for young adults to build a life in New Jersey. Meanwhile, salaries are not keeping up with the rising costs.
Will Affordable Housing Ever Return?
Many are beginning to wonder if New Jersey will ever see affordable housing again, apart from government-assisted options.
Something needs to change. If rent prices don’t go down or wages don’t go up, New Jersey could continue to lose young people and working-class families at an alarming rate.
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