Tuesday, December 06, 2005

Lakewood Housing

You can't have a conversation in Lakewood with out someone loudly decrying "the high prices" ( "higher" would be more accurate if you'd done any traveling,) of homes in Lakewood.

You immediately hear what, or who, is to blame: "N.Y. investors are driving it up!", "Too many New Yorkers are moving into our town", etc.

Then you hear a litany of ideas how the community can "forcibly" bring down , or at least halt, the precipitous rise of housing prices. If only.

First, the fact of life is if you are not working you can't expect the marketplace to accommodate you. It's hard enough paying bills and keeping up with the cost of living in a two income household;- on one income, or even less then that?!

The reality is, no artificial restraint, or decree will have a serious effect. Housing prices don't work by fiat.

The good news is perhaps the Marketplace has started lowering housing prices all by itself .

Here are a few sure facts; and some claims people are making, that might be good indicators:

  • top real estate investors are leaving town saying the party's over
  • MLS listings have skyrocketed tenfold recently
  • dozens of houses are being threatened with forecloser
  • houses were reassessed much higher
  • interests rates continue climbing
  • it's a tenants market with cheap rentals, as owners desperately seek to fill their apt.
  • Getting on to HUD (ah, programs!) is very difficult

So what should you, a prospective buyer do?

If you're using essential money to buy a house for an investment, with the present precarious real estate condition, it seems dangerous. For purchasing a home to live in, conventional wisdom says, it's always a good time to buy.

Now to discuss a Lakewood housing problem that should bother you, and one that does have a practical solution to:

Many in Lakewood are importing from Boro Park and Monsey: "look at me I've made it" homes, or more accurately, monstrosities. (You can probably see them from across the Hudson river.)

The owners must people who left seder before musser time.

Why not make a takana (don't we all love takonas?) that "a new house can't be the nicest, fanciest on the block".

If you want to show off fine,- get honored at a dinner, have a school named after you.

Don't bring lame competitiveness; immodest, chillul hashem generating ostentatious houses to the neighborhood!

Let your house be your castle- in doors!

posted by Yeshiva Orthodoxy
at 12:39 AM

6 Comments:

Anonymous Anonymous said...

" Don't bring lame competitiveness; and immodest, chillul hashem generating, ostentatious houses to the neighborhood!"

Omein. In a few weeks we will be leining 'lomo tisrou' (Bereishis 42:1). Maybe we should have a Shabbos dedicated to this inyan - just like there are Shabbosim dedicated to other inyonim. Rabbonim can give deroshos on it, etc.

11:58 PM  
Anonymous Anonymous said...

I have even a better idea: Let everyone do as they please in such matters. One thing we don't need in this place is more ostensible "takanos."

BTW, I heard that the scheduled showing of the Aish video "Inspired" in Lakewood was cancelled. Any idea of why? Have our intrepid kanoim (otherwise known as nosy parkers) been busy again?

10:43 AM  
Anonymous Anonymous said...

A sure way to drive down the cost of housing in Lakewood is to publicize the religious fanaticism that has taken hold there.

11:38 AM  
Blogger Pragmatician said...

anonymous 3-I believe your idea will be very effective!

11:44 AM  
Anonymous Lakewood yid said...

Subject: elections

In reaction to the large show of support for the non-endorsed
candidates in the past election, Lakewood schools will be mailing out
Election Disclosure Forms to all parents within the next week. The forms
must be filled out, showing which candidates each parent voted for, and
returned to the school office by Tes Zayin Cheshvan (November 18). Any
parent who did not vote for the endorsed candidates must call the Vaad
office to set up an appointment to get an ishur from an approved askan
before their Disclosure Forms will be accepted. A list of approved
askanim will be provided.

NO CHILD WILL BE ALLOWED IN SCHOOL AFTER TES ZAYIN CHESHVAN
(NOVEMBER 18) WITHOUT A DISCLOSURE FORM.

We wish to assure you that these takanos were not arrived at
lightly, but rather after much careful deliberation with many askanim,
heads of mosdos, developers, and other interested parties. The chosheve
Lakewood parents surely understand the grave importance of this issue
for us, for our children, and for future generations, and are expected
to fully cooperate with these takanos.

9:04 AM  
Blogger Yeshiva Orthodoxy said...

To Lakewood Yid: Thanks. It was posted a while ago.

3:20 PM  

Post a Comment

Links to this post:

Create a Link

<< Home