Monthly Archives: June 2014

Job growth or corporate welfare?

From the NYT: A Tug-of-War of Tax Breaks Tightens Across the Hudson Late last fall, bankers from BNY Mellon went to state officials in New York and New Jersey with a proposition: The bank was planning to sell its headquarters … Continue reading

Posted in Economics, Employment, Politics | 90 Comments

Getting better?

From CNBC: Americans finally feel better about economy: Survey After seven long years of sharp recession and tepid recovery, the CNBC All-America Economic Survey found some key measures of U.S. public opinion finally regained their precrisis levels. Ninety-one percent of … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery | 100 Comments

The Screwed Generation?

From the WSJ: Lost Generation Casts Shadow Over Housing Market President Barack Obama’s executive order Monday expanding student-debt relief is the latest sign policy makers recognize the serious economic burdens young adults face. But the modest change is unlikely to … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 124 Comments

Spring market a success or a bust?

From the Record: Spring housing market: Prices are up but number of sales is down Two weeks after the Vermeulen family put their Woodcliff Lake home on the market this spring, they had a signed contract. The Burghoffer family also … Continue reading

Posted in Economics, Housing Recovery, New Jersey Real Estate | 75 Comments

Ahh, to be young again

From the NYT: Young and in Debt in New York City For young people, moving to New York City hasn’t made much mathematical sense for decades. The jobs don’t pay enough, the internships don’t pay at all, and the rents … Continue reading

Posted in Demographics, Economics, Employment, Housing Recovery | 30 Comments

Trulia: Asking prices begin to slow

From HousingWire: The home price explosion has stopped Everyone loves it when home prices go up, right? Higher asking prices mean that homeowners will get more out of their existing homes, which makes them more likely to sell and upgrade … Continue reading

Posted in Economics, Housing Recovery, National Real Estate | 102 Comments

June Beige Book

From the Federal Reserve: Beige Book – June 4, 2014 – New York Economic activity in the Second District has continued to grow at a moderate pace since the last report. Prices of finished goods and services remained generally stable, … Continue reading

Posted in Economics, Employment, Housing Recovery, North Jersey Real Estate | 117 Comments

Most exciting places in Jersey? Discuss.

From Movoto: These Are The 10 Most Exciting Places In New Jersey If you’re in New Jersey and you’re bored, you’re obviously doing something wrong. Just look around—this state is absolutely full of awesome places to be and awesome things … Continue reading

Posted in Humor, New Jersey Real Estate | 121 Comments

Housing recovery for the one percenters

From Forbes: Are The One Percent Making The Housing Recovery Look Stronger Than It Actually Is? (Click for Graphs) Like nearly every economist on the planet, I am reading Thomas Piketty’s Capital in the 21st Century. I am still getting … Continue reading

Posted in Demographics, Economics, Housing Recovery | 123 Comments