Sunday, May 22, 2005

High Shore Real Estate Prices Force Residents to Move.

Connecticut is an apparently cheaper place to raise a family than the Pine Barrens. Who would have thought?

This article is lame by most journalistic standards, however, since it was in the Asbury Park Press, that was to be expected. Despite the infantile prose, it is about the Jersey Shore real estate market and is therefore worth a read.


[The Morgan family is leaving the Shore region for western Connecticut, because they cannot afford to stay.

"We would much rather remain in Waretown," said Jim Morgan, 35. "My wife and I love it here. We love the community, we love our church, our families live in the area. We're not poor. I have a good job. We have food on the table. We just cannot afford a house or apartment in Ocean or Monmouth county. We feel like we're being pushed out."

The Morgans are not alone. Statistics show that tens of thousands of people who work in the Shore region cannot afford to live there.]

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