I just went back and re-read and ... well, no. Our topic was not NJ from the beginning, though you kept trying to drag it there.
Here is where this topic 'started' as far as I can tell:
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You:
No not really.
Even if only a small amount of people want to live in JC, as long as the acceptable housing is less than this demand, prices will go up. Since cities normally have so many bad neighborhoods, this is likely the case with JC.
Me:
So your assertion is that people don't want to live in the area with the most people in the country? And those that do are actively picking to have a lower QoL at extreme expense because reasons?
Also, you know I picked to live here when I could afford to live just about anywhere in NJ/NYC if I wanted and I made the choice for QoL reasons (as did pretty much all of my neighbors). So, there's that.
Notice you using the generic 'cities' and me specifically referencing NYC?
Here's you trying to drag in NJ and me bringing it back to the area around NYC:
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You:
The pop in NJ cities is still way below historic highs for a reason.
Me:
It's not because there are empty homes though/lack of demand (at least not in the area immediately around NYC). The composition of cities has changed from all working class with a lot of single room rentals, etc at the peak to something else.
Again your 'small amount of people' is the issue. There is not a standard by which a 'small amount of people' have chosen to live in the urban areas surrounding Manhattan.