A million bucks doesn't go as far as it used to.
A million-dollar home -- in Stone Harbor, at least. This 544 square-foot bungalow sold for $1.2 million in a single day.Sometime in 1969, my father took a day trip to the Jersey Shore from Philadelphia with my Aunt Lillian. She and her husband were looking at properties to buy, and my Dad -- then a young father with a growing family and a blue-collar job -- gave her a ride.buying a house, not Aunt Lil, in the tiny town of Villas in Lower Township.
Turns out, he was on to something. Over the years, we spent many happy summers in the little house, in a quiet, safe town filled with working-class locals and other rowhouse families from Philly. It’s a bit noisier today, as people have discovered the Villas, and brand new homes in the $350,000 range are going up -- four on Mom’s block so far this year. Fliers from realtors eager to list her house land in the mailbox every day.
I know many families have stories like this, about precious little Shore getaways bought in the days when it was possible. But it feels like the Shore is changing. The days when a blue-collar family could own a little slice of the Jersey Shore dream feel almost gone, as home prices continue to soar. In a town like Stone Harbor,
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