Why are the home prices so high in one of the poorest and worst communities in Queens?

Mr Taxpayer
Home Buyer
11691

There is nothing worth $ 220,000.00 in Far Rockaway , this looks and feels like a real estate sham ...

Answers (2)
First to answer: Jeffrey
Kathy
Home Buyer
Brooklyn, NY

you pay for ocean breeze and ocean sunset...

Sat Mar 21 2009, 05:33
Jeffrey
Home Buyer
eilen
FIRST ANSWER

that depends upon your criteria for home valuation versus that of others.. There are people, believe or not, in this economy, who are willing to spend that much money for a home even though the infrastructure is inefficient, the amenities required, such as Food Markets, Movie Theatres, book store, are non existent.

Sun Mar 1 2009, 20:45

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