How New Jersey is Slowly Becoming a State for the Upper Class!

Slowly over the past few years New Jersey has slowly been squeezing out the lower and middle class groups. Unless you currently own over $50,000 a year than you can completely forget about buying a house in New Jersey! The problem is that there is a very large amount of people who do not earn this amount. You may assume that you could at least rent a home in New Jersey if you make under that amount, but that is also slowly becoming more and more difficult.

Did you know that the average cost of a one bedroom apartment in New Jersey is about $1,000? That of course does not include your utilities. That rental amount is for those individuals who want to live in a safe neighborhood with a good school system. You can definitely find a cheaper apartment to live in, but it will be in a neighborhood that has a high crime rate, and the housing is inadequate. Some people feel that the State is slowly trying to get rid of the lower class, or at least keep the lower and middle class restricted to certain areas. Another interesting fact is that New Jersey ranks in the top ten when it comes to highest taxes in the country.

What really is upsetting is that it seems to be getting worse instead of better. At this rate in a few years the State of New Jersey will have no lower class, because the will be unable to afford living here, and very few middle class. Every vacant piece of property in New Jersey is being bought by contractors who are then building million dollar homes on them. You can not even buy a fixer upper anymore, because you will usually be out bid by a contractor who is looking to make a huge profit. Most companies in New Jersey are also looking for more ways to cut costs and expenses instead of increasing pay. Because of this more and more people are finding it difficult to make end's meet in New Jersey. According to statistics by the each year more people leave the State than those that actually move in. Probably because they can not afford to do so. It definitely does sound like the State is catering more to the upper class than to the lower and middle class.