Moshe and Adina Tyberg, Flatbush residents in their mid-30s, are living in a two-bedroom apartment with five young children.
“As you can imagine,” the father says, the atmosphere “isn’t very conducive to raising kids,” but he and his wife are unable to afford a larger home in Brooklyn. As a result, both Moshe, a human-resources professional, and Adina, an occupational therapist, are ready to move beyond the New York area, where they hope to find a better quality of life.
Tuesday, July 15th, 2008
The housing crisis we keep hearing about is being reported almost entirely from the vantage point of speculators and sellers. But if you are a young couple starting out in life, seeking to buy your first apartment or home, why is it a crisis if the housing market is in a recession, prices dive and you can suddenly afford to buy?