From the Daily Record:
Donna Mackey bought her four-bedroom house in Butler 20 years ago for about $120,000. She estimates it’s worth about $325,000 now, but that sum couldn’t get her the home she would want if she were looking to buy in Morris County today.
“I could find maybe a two-bedroom (home) with absolutely no yard and tiny rooms,” said Mackey, 47. “I don’t even think I could stay in the same town. I could never get four bedrooms. I don’t really think I could be in Morris County anymore.”
Mackey’s predicament is not unusual in the Morris area or the state, according to a recent Monmouth University/Gannett New Jersey newspapers poll, which found that 78 percent of New Jersey homeowners would not be able to buy a house in their own town if they were first-time homebuyers.
Maria Creutz, 24, of Jackson, said she and her husband cannot afford to purchase a home in New Jersey and she holds out little hope of a political solution.
“Lawmakers do not consider affordable housing a priority,”she said. “They have roofs over their heads, so they don’t think about the rest of us.”