|
What we know
Little recent
change in the number of New Jerseyans who can afford to rent
Income increasing faster that housing
prices
Little change in housing choice
|
What
we don't know
• We do not have
consistent data to describe the quality and state of repair
of these homes.
• We do not have
data to describe the neighborhoods these homes are located in;
whether children who live in these homes have other children
to play with nearby; whether these homes are located in safe
neighborhoods; or whether these homes are located near amenities
such as parks, shopping and entertainment.
• These data do not
adequately tell us how much financial strain New Jerseyans endure
in meeting their housing needs. |
states,
New Jersey has long provided an opportunity for home ownership
not available to city dwellers. As a result, we have become
a state where the majority of people live in suburbs. Sprawling
ever outward, we are losing our diversity of housing types.
New housing options in New Jersey are largely limited to "cookie
cutter" subdivisions. There is good news: average incomes have
risen more than housing prices in recent years, suggesting that
some of us who could not afford to buy homes in the past are
now able to do so. Rent costs have remained stable.
