Reply to Insane to keep NYC apt and rent in the burbs for reasons school?

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Reply to "Insane to keep NYC apt and rent in the burbs for reasons school?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op - dh works in seaport.

I am thinking that dh can stay in city 2 nights a week so commute less bad. I might do one night. Commute is really not optimal but bleeding $140k a year on tuition ($270k pre tax income) is keeping us trapped and ds is not on a path to t1 high school. This way I figure if we like it we can buy there and then that outlay goes into sellable asset rather than mid tier school with no clear roi [/quote]

Oh, that's a terrible commute from Westchester. Look in NJ . . . Rumson or Atlantic Highlands, maybe. There are high speed ferries that go to the Battery terminal.[/quote]

We love Fair Haven. Only downside of the area is that housing stock is really low. Not many rentals, so if you want to use the public school of RFH, it can be hard to get a house in the towns. Middletown and Atlantic Highlands is probably easier., but then you have a different school system. You can always do Little Silver or parts of Red Bank, and then send your kids to private or Catholic schools.[/quote]

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