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Not only do the NYC suburbs have an expensive cost of entry (rentals are nearly non-existent in many of them) they also have high ongoing carrying costs. If yo
by bradleyjg 13y ago
Not only do the NYC suburbs have an expensive cost of entry (rentals are nearly non-existent in many of them) they also have high ongoing carrying costs.
If you have more than one school age child, you may come out ahead versus paying for private school, but for those without school age children you are paying a lot of money for not much in return. It is for this reason many people are waiting until their children are actually ready to start school before moving out into the suburbs. That can easily be mid to late 30s for the demographic that can afford these suburbs in the first place.