Comments on: Gas prices popped the home price bubble?

By: Russia-partner

Russia-partner — Wed, 04 Jun 2008 00:40:27 +0000

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By: PGC

PGC — Wed, 14 May 2008 11:54:09 +0000

347 NJGator

Here is a good example of the Glen Ridge assessed

Bought in 2005 for $399K assessed at $67K

http://tax1.co.monmouth.nj.us/cgi-bin/m4.cgi?&district=0708&block=10&lot=27&qual=

By: grim

grim — Wed, 14 May 2008 11:23:00 +0000

Ahh, I understand it now. The current ratings measures weren’t flawed, they measured what they intended to measure. However, they didn’t measure what we thought they measured, for that we need a new measure.

In other news, MBIA and Ambac were upgraded by Moody’s on Wednesday to Triple-A Smiley Face, and Triple-A Gold Star, respectively.

Moody’s to unveil new ratings measures -FT

Credit ratings agency Moody’s Investors Service will on Wednesday unveil two new measures to help investors understand the risks in structured finance products, the Financial Times said.

Michel Madelain, the new chief operating officer of Moody’s, told the newspaper that the new indexes would show how rapidly a security could lose a top-notch rating if the economic climate changed.

By: Mikeinwaiting

Mikeinwaiting — Wed, 14 May 2008 09:53:29 +0000

BH 482 Yes, like they have a lot of crime. Spend all there time on rte 15 giving folks tickets.

By: BklynHawk

BklynHawk — Wed, 14 May 2008 09:22:51 +0000

D #457-
I can see why taxes are so high in Sparta. The municipal bldg is a palace. Just had to drive by there the other day. Also, from the amount of police cruisers, it looks like the police force is about as big as NYC’s.
JM

By: njpatient

njpatient — Wed, 14 May 2008 05:58:21 +0000

Can I have that drink now?

By: njpatient

njpatient — Wed, 14 May 2008 05:20:49 +0000

Great
Detour through Hobroken. Or maybe it’s JC. They’re both hideous, so who knows which.

By: njpatient

njpatient — Wed, 14 May 2008 04:16:55 +0000

I quit.
I’m going home.

By: njpatient

njpatient — Wed, 14 May 2008 04:02:56 +0000

nah – just really miserable S-1 disclosure.

By: chicagofinance

chicagofinance — Wed, 14 May 2008 03:48:09 +0000

njpatient Says:
May 13th, 2008 at 11:34 pm
please shoot me

My guess….Vietnamese girl who was sniping at the platoon out of the building in the next to last scene of Full Metal Jacket

By: njpatient

njpatient — Wed, 14 May 2008 03:34:30 +0000

please shoot me

By: chicagofinance

chicagofinance — Wed, 14 May 2008 03:22:13 +0000

check that…I looked at your link….you are correct…corporations paid more taxes….no way around it….I wish we had a breakdown by industry

By: chicagofinance

chicagofinance — Wed, 14 May 2008 03:16:01 +0000

pret: you completely nailed my a%% with your NJ revenue data…I relent….let me try to make up more excuses…..inflation? Is it possible that items such as cost of fuel, commodities, and food has kicked up revenue in the state…am I grasping at straws?

By: chicagofinance

chicagofinance — Wed, 14 May 2008 03:12:53 +0000

pretorius Says:
May 13th, 2008 at 7:26 pm
Chifi, on a $500k home sale gain, NJ rakes off capital gains tax in addition to the realty transfer tax?

pret: yes…the RTT is a completely separate item. Think of a cap gain on a primary residence like buying and selling a stock, WITH 2 MAJOR DIFFERENCES….you have the $250K/$500K cap gain exclusion, and if you lose money, a primary residence is considered personal property, so the loss is not deductible for taxes.

By: rhymingrealtor

rhymingrealtor — Wed, 14 May 2008 02:54:51 +0000

ooopa

thats

Really good night!