Why New Jersey Built So Many Apartments Instead of Homes for Sale
If you've ever wondered why so many new developments in New Jersey seem to be apartments instead of homes for sale, you're not alone.
In this video, I sit down with housing policy expert Marina Rubina to discuss how a former state affordable housing rule encouraged developers to build rental units by offering greater incentives. We also talk about the recent policy change and what it could mean for future housing opportunities across New Jersey and the Greater Princeton area.
Understanding these policies can help buyers, sellers, and homeowners make better real estate decisions.