Where are all the casino workers going to live?
Byby Sherri Lilienfeld, Prudential Fox & Roach Realtors, 609-487-7211 (office), 609-287-1795 (cell), Sherri@NJ-ShoreRealEstate.com
With over $9 billion going into new casinos in the Atlantic City area, there will be a shortage in affordable housing that will be required for the estimated 30,000 to 40,000 additional employees. The city will face major problems in traffic (these employees all need to get to work) and finding places for them to live.
If you are an investor, now would be a great time for you to think about buying properties that would offer suitable housing for casino workers – properties on a public transportation route where workers can rent at “affordable” prices. To discuss your investment options, please e-mail or call me. I’d be happy to assist you in finding a Jersey Shore investment property that fits your needs.
