Buy! No, rent! No, buy!

From the Real Deal:

More than 75% of Americans choose renting a home over buying: report

Fewer Americans are in the home-buying mood. Rising interest rates and housing prices prices, coupled with slowing rent growth are making homeownership less attractive.

New data from Freddie Mac found 78 percent of Americans now consider renting to be more affordable than buying a home, up sharply from 67 percent six months ago, according to the Wall Street Journal. And the long-term outlook shows 58 percent of renters say they have no plans to buy a home, up from 54 percent over the same period.

That means demand for homes on the market could remain soft in the coming months. Home sales across the U.S. are slowing because of low inventory and high prices, according to recent reports.

This entry was posted in Demographics, Economics, Mortgages, National Real Estate. Bookmark the permalink.

93 Responses to Buy! No, rent! No, buy!

  1. Chicago says:

    #frist

  2. Chicago says:

    Give me a fcuking break. Have you been there? Do you know what that area is? Top it off 2002 was post 9/11, so that comp was under duress. The area may be rezoned too.

    Knowing a lot, there may be something criminal involved too back then if not corruption.

    That is exactly the kind of deal Menendez lined his pockets with up in Union City.

    Cherry pick anything you want.

    Yo! says:
    October 17, 2018 at 6:04 pm
    3 acre parcel in NJ resells for 4.6x 2002 price.

    http://njparcels.com/sales/0905_106_1

    Anybody else seeing comps like this in NJ?

  3. grim says:

    Pretty much every buying LLC involved in that string of deals ended up in bankruptcy.

    Fraud perhaps?

  4. Yo! says:

    Perhaps just rising land values.

  5. Yo! says:

    Post 9/11 NJ real estate boomed. No duress.

  6. Yo! says:

    Melendez is broke. He should’ve bought Hoboken real estate in 80s and 90s.

  7. chicagofinance says:

    As a frame of reference….. that was an industrial lot surrounded by derelict lots and manufacturing…. in the shadow of the viaduct…

    Go there now….. slapped together blocks and blocks of stick structure rentals, Trader Joe’s there….. gut rehab of viaduct so it is the Hudson County equivalent of the Champs Elysees….. a movie theater was buit there for no good reason…. no parking lot…. Light Rail dropped down with train stop a few bloacks away….. Shop Rite a few blocks away AND if I am not mistaken, it is a POP-UP PARK with exercise facility….
    https://local.nixle.com/alert/6086875/

    I was there….. CHERRY PICKED INDEED

    You are a realtor or delusional…..

    Yo! says:
    October 18, 2018 at 7:53 am
    Post 9/11 NJ real estate boomed. No duress.

  8. chicagofinance says:

    BTW … no good reason that THIS specific area chosen….

    Mostly likely…. politicians and connected friends used their connections to bilk everyone and line their pockets….. par for the course in Hudson County….. lather, rinse, repeat….

    Menendez indeed…..

  9. chicagofinance says:

    I think that as part of the new rent incentives for the building there, residents get free use of a Gulfstream back and forth to the DR for quickies with underage hookers….. it is an effective way to give rent concessions without screwing up the comps….

  10. Yo! says:

    Chicago why so much hating? I’m simply reporting NJ real estate facts.

  11. D-FENS says:

    What exactly did Jamal Khashoggi write about? I’m reading he was a “journalist”, but it appears he wrote opinion columns.

  12. D-FENS says:

    https://www.washingtontimes.com/news/2018/oct/17/jamal-khashoggi-killing-sparked-muslim-brotherhood/

    But Middle East insiders say some deeper subplots played into Mr. Khashoggi’s disappearance — stemming from his long career of political activism, ties to Saudi intelligence and Mr. Khashoggi’s past relationship with the Islamist group the Muslim Brotherhood.

    Mr. Khashoggi, who was 59 when he disappeared at the Saudi Consulate in Istanbul on Oct. 2, is said to have withdrawn years ago from any formal affiliation with the Brotherhood, but his past ties to the transnational Islamist group are believed to have been a source of distrust for Saudi Crown Prince Mohammed bin Salman.

    SEE ALSO: Man linked to Saudi prince at consulate when writer vanished

    The 33-year-old prince branded the Brotherhood a terrorist organization, and one of his signature moves as heir to the Saudi throne was to cut off all ties with the rival Gulf nation of Qatar. The prince blames Doha for financing the Muslim Brotherhood to foment unrest against the powers that be across the Arab world, in particular Saudi Arabia.

    Since leaving Saudi Arabia for self-imposed exile in the U.S. last year, Mr. Khashoggi has worked to create an advocacy group called Democracy for the Arab World Now (DAWN) to promote Arab Spring-style freedom movements across the Middle East.

    Some say Mohammed, who has a reputation for quickly identifying and crushing any threats to his authority, was well aware of Mr. Khashoggi’s political activities and likely more concerned about them than his journalistic efforts as a columnist for The Washington Post.

    Longtime regional analyst and former Wall Street Journal publisher Karen Elliott House said in the newspaper this week: “Those who watch the crown prince closely say he is determined to pre-empt any hint of possible disruption before it can materialize.

    “So Mr. Khashoggi’s decision to register in the U.S. a new political organization, perhaps funded by Saudi regional rivals, might have triggered this action,” wrote Ms. House, who is also the author of an influential 2012 book on Saudi Arabia.

    The New York Times, citing interviews with longtime friends of Mr. Khashoggi, reported that he was in the midst of raising money for DAWN when he disappeared in Turkey, whose own government is a rival to Saudi Arabia in the Muslim world and has close ties to Qatar and to the Muslim Brotherhood.

  13. D-FENS says:

    Grim’s theory about the Consulate being bugged by the Turks seems plausible… The Saudi’s got sloppy and were caught red handed…

    I’m still not convinced it’s our fight…

  14. D-FENS says:

    They should have just killed him with a Drone…the way we do things…

  15. chicagofinance says:

    Vote Hugin and let’s call it even……

    Yo! says:
    October 18, 2018 at 8:36 am
    Chicago why so much hating? I’m simply reporting NJ real estate facts.

  16. Libturd...look me up in Costa Rica says:

    My theory on why Menendez will win big.

    A lot of local Dems hated HRC enough to pull the lever for either Trump or not at all in the general. The result of this is that they got Trump instead of HRC and they are not liking the results of their decision.

    A lot of local Dems admittedly can’t stand Menendez, but they are afraid of a similar result to what happened in the general election and will hold their nose as they pull the lever for the child molester.

    Just my opinion of course.

    The Dems hate Trump so much, people I know in the past who were not involved in politics whatsoever are working phone banks. It’s crazy.

  17. JCer says:

    The parcel in Hoboken in curious, why would it not have been built? My guess is it was contaminated, that is the really the only way you wind up going belly up owning a parcel anywhere in hudson county from 2002 on. There has been value in that dirt continually so unless it was truly un-buildable, contamination, political reasons, etc i don’t see how you lose.

  18. Fast Eddie says:

    The Dems hate Trump so much, people I know in the past who were not involved in politics whatsoever are working phone banks. It’s crazy.

    Of course. Why not? It’s the “All about me and how I feel” syndrome. Forget about the robust economy, prosperity, global respect, security and all that this country needed for decades. The country needs more fat, little puss1es so let’s throw a tantrum and teach Trump a lesson.

  19. Fast Eddie says:

    Did you see the Pelosi and Schmucky agenda? Impeach Trump. Impeach Kavanaugh. Open borders. Eliminate ICE. Resist, attack and demand our fair share. That’s the new democrat party.

  20. DumFuk says:

    11:25 You could not be more mistaken. You are delusional. Completely and totally devoid of any semblance of rationality.

  21. EatMyZpeter says:

    Meanwhile —O’Rourke is betting that increased voter turnout among Texas Democrats, rather than the persuasion of Republicans, will propel him to victory. Appealing to disgruntled Republicans and independents by tacking to the center on key issues – gun control, abortion, taxes – isn’t part of O’Rourke’s strategy, even if he pays lip service to the idea in his impassioned rhetoric and populist pose.

    To understand why this no-compromise, no-persuasion approach is likely to fail (O’Rourke is trailing in the latest polls), you have to understand how Texas became so Republican in the first place. Today Texas is known for being a GOP bastion, but it wasn’t always. Like much of the American south, Texas was firmly in the hands of the Democratic party from the end of reconstruction until the end of the 20th century.

    Can Beto do it? How Texas holds the key to America’s future
    Read more
    And then things began to change. The first sign that the Democrats’ hold on Texas was beginning to loosen.

  22. The Original NJ ExPat says:

    It looks like that Saudi conference is on the chopping block;-)

  23. Lurker 34 says:

    What is everyone’s thoughts on the town of Cranford?

  24. Blue Ribbon Teacher says:

    My thoughts are that their new assistant superintendent of schools is going to become the superintendent in 2 short years and absolutely decimate any scholastic achievement that occurs in that town. As the school goes, so do home prices.

  25. Lurker 34 says:

    Wow quick response. Any chance you could elaborate even a little?

  26. The Original NJ ExPat says:

    November is going to be such a blowout win for the Republicans.

    1. Like 2016, Trump supporters are un-pollable, even less so now. In 2016 you could actually get in debate with co-workers because Hillary had so many warts. Now the NPC’s have censored responsible non-political people with salaries and families. Count up one letter from “MOB” and you get “NPC”; ironic.

    2. Here’s the big, Big, BIG, BIG problem that pollsters do not see: Moderate Democrats. There are Dems out there who just know that something isn’t right when you balance where the country really is contrasted to what the NPC’s say the gargantuan, mounting, Russia-controlled problems are. They just know something is wrong in not-shithole Denmark. They’re staying home. They’re not voting. They aren’t fully on board with Trump, but…they aren’t on board with the all-out Trump assault either and…it might hit them in their pocketbooks too.

    Executive Summary:
    Trump voters who won’t be polled will vote “R”.
    Lip service Trump haters won’t vote.

    2020 will be all about not only fake news, but also fake polls.

  27. The Original NJ ExPat says:

    Count downone letter from “MOB” and you get “NPC”; ironic.

  28. The Original NJ ExPat says:

    No, I was right the first time. I hate when I do that.

  29. Libturd...look me up in Costa Rica says:

    We have friends who live in Cranford. It’s a pretty smart place to live when the smaller suburbs are considered. Houses are a bit smaller on average, but blue collar proud. Great quiet little swim club. Proximity to GSP and everything you could ever need is on Route 22. Near Newark airport too. Decent schools. It’s like Brigadoon without the taxes. You could do much worse.

  30. chicagofinance says:

    Prediction for AMZN HQ2
    discussed for three minutes from 9:00
    https://youtu.be/_HyiY_m_YxI?t=541

  31. HEHEHE says:

    “Trump supporters are un-pollable”

    You have over three years of the MSM and the left treating every little thing the Orangeman says or does like he’s Lucifer. Anybody who supports even a portion of his platform isn’t going to say anything publicly given the psycho reactionary behavior they’ve seen the left display.

    I voted Libertarian in 2016, and I still think Trump is nuts, but doesn’t mean he’s not right about many things.

  32. Blue Ribbon Teacher says:

    Wow quick response. Any chance you could elaborate even a little?

    Haha, let’s just say he’s got an awful track record all along the way but has always moved up the ladder. I know him personally.

  33. Blue Ribbon Teacher says:

    What I find funny is how the media has turned into free trade zealots.

  34. HEHEHE says:

    “What I find funny is how the media has turned into free trade zealots.”

    Seriously if Trump says he is for something they are immediately against it even if the day before they held Trump’s position.

  35. Lurker 34 says:

    Thanks Blue Ribbon and Libturd. The taxes on the two properties I have my eye on are lower than comparable properties in Westfield but still higher than expected given the house and lot size. I guess that’s just Jersey.

  36. exEssex says:

    2:36 that might tell you something right there.

  37. Bystander says:

    Lurker34,

    Not expert on Cranford but lived in Westfield for 5 years. Cranford is a solid place with good schools and nice little downtown. Realtors like to bypass it and send you straight to Westfield bc of snotty/pricey vibe there. That said, it seemed to get nearly as expensive as Westfield over the years, particuarly north of train station. South of train seemed more reasonable. Commute by bus was rough as it was very crowded by time it reached Cranford and lots of people get dropped off there to catch buses. Train was 45m to Penn on good day but you have to switch at Newark which often sucks. Watch the flooding in parts of town. Cranford is known for it.

  38. Blue Ribbon Teacher says:

    I do like the town though. I was just more interested in taking a verbal shot at someone.

  39. ExEssssex says:

    Thomas Cook, 62, had been missing since August 23 when his remains were found by a pedestrian two hours away from his rental home, his family revealed last week.
    Cook had moved from South Burlington, Vermont, to the beach town of Jaco, Costa Rica, this summer after retiring from working as an electrician.
    His family says they’re relieved to have found his body but are still left with questions surrounding the death of Cook.

  40. grim says:

    Probably the Saudis.

  41. Libturd...look me up in Costa Rica says:

    Jaco is the Pattaya of Costa Rica. Lots of bars, ho0kers and casin0s. We’ll be skipping it.

  42. The Great Pumpkin says:

    What a f’ed up world we live in.

    chicagofinance says:
    October 18, 2018 at 1:27 pm
    Prediction for AMZN HQ2
    discussed for three minutes from 9:00
    https://youtu.be/_HyiY_m_YxI?t=541

  43. The Great Pumpkin says:

    “But the re­ver­ber­a­tions from ride-share apps are noth­ing com­pared with what will hap­pen when au­tonomous ve­hi­cles be­come the norm. This new in­dus­try is on its way to be­com­ing a mul­ti­tril­lion-dol­lar busi­ness—big­ger than Ama­zon and Wal­mart com­bined. Ac­cord­ing to the World Eco­nomic Fo­rum, the digi­tal trans­for­ma­tion of the auto in­dus­try will de­liver $3.1 tril­lion an­nu­ally in so­ci­etal ben­e­fits by re­duc­ing the num­ber of crashes, the im­pact of car­bon emis­sions and the cost of car own­er­ship, in­clud­ing main­te­nance, fuel and in­sur­ance. A 2017 study from In­tel pre­dicted that the global au­tonomous-ve­hi­cle mar­ket will gen­er­ate $7 tril­lion an­nu­ally by 2050—both di­rectly (in­dus­trial use) and in­di­rectly (sav­ings from shorter com­mutes and a re­duced need for emer­gency ser­vices).”

    “Au­tonomous tech­nol­ogy and ad­vance­ments in other fields will give rise to blimp­like “float­ing ware­houses,” with drones that de­liver goods to your door (Ama­zon and Wal­mart have ap­plied for patents to cre­ate such a ves­sel). Op­er­ated au­tonomously or by a re­mote hu­man pi­lot, these ware­houses, fly­ing 500 to 1,000 feet in the air, will slash the costs of ful­fill­ing on­line or­ders and the num­ber of de­liv­ery trucks—to the detri­ment of ship­pers like FedEx and UPS.”

    https://www.wsj.com/articles/how-autonomous-vehicles-will-reshape-our-world-1539871201?emailToken=3853a4592d65cc303d0732ae0d6980e71kxiO33rvGV69OhGq5ENIuxY4m/gJp14emhJFIgxtu8woqcJ1A/xKXqQm6ox0JYqtSxo08ML9WA95dA1gz0WCAAVLsXk87x0GKmFGSXgbw8%3D&reflink=article_copyURL_share

  44. grim says:

    Going to shoot down an Amazon blimp and loot it.

  45. Blue Ribbon Teacher says:

    Au­tonomous tech­nol­ogy and ad­vance­ments in other fields will give rise to blimp­like “float­ing ware­houses,” with drones that de­liver goods to your door (Ama­zon and Wal­mart have ap­plied for patents to cre­ate such a ves­sel). Op­er­ated au­tonomously or by a re­mote hu­man pi­lot, these ware­houses, fly­ing 500 to 1,000 feet in the air, will slash the costs of ful­fill­ing on­line or­ders and the num­ber of de­liv­ery trucks—to the detri­ment of ship­pers like FedEx and UPS.”

    I have videos from the 70s showing a dishwasher that rolls across the kitchen to the countertop and puts all your dishes away. These outlandish future predictions are always laughable. I’m sure a blimp like warehouse traveling 1000 ft in the air would make for great target practice. I’d hate to see what happens to it when a wind storm comes out of nowhere and it knocks your home into the highway behind it.

  46. Bystander says:

    Chi,

    The only disagreement I have with argument is that Bezos is a media figure now and probably turned over daily control to his underlings. It is not like he will be be sitting in his office all day. He and his wife don’t have to live near the H2 location. I would think Wilke, Jassy and Blackburn as CEOs of huge divisions would have pull. They are from Pittsburgh, Westcheser, NY and Boston respectively. Boston and Maryland seem prime to me.

  47. The Great Pumpkin says:

    Bezos, or any top executive from amazon, these are big dogs. This is one of the most powerful companies in the world, they are going to pick washington or nyc. Not many top executives are like Warren Buffet, eat mcds everyday and still live okay with living in nowhereville usa.

    Bystander says:
    October 19, 2018 at 8:28 am
    Chi,

    The only disagreement I have with argument is that Bezos is a media figure now and probably turned over daily control to his underlings. It is not like he will be be sitting in his office all day. He and his wife don’t have to live near the H2 location. I would think Wilke, Jassy and Blackburn as CEOs of huge divisions would have pull. They are from Pittsburgh, Westcheser, NY and Boston respectively. Boston and Maryland seem prime to me.

  48. chicagofinance says:

    Later in same video
    https://youtu.be/_HyiY_m_YxI?t=1209

    Blue Ribbon Teacher says:
    October 19, 2018 at 8:21 am
    Au­tonomous tech­nol­ogy and ad­vance­ments in other fields will give rise to blimp­like “float­ing ware­houses,” with drones that de­liver goods to your door (Ama­zon and Wal­mart have ap­plied for patents to cre­ate such a ves­sel). Op­er­ated au­tonomously or by a re­mote hu­man pi­lot, these ware­houses, fly­ing 500 to 1,000 feet in the air, will slash the costs of ful­fill­ing on­line or­ders and the num­ber of de­liv­ery trucks—to the detri­ment of ship­pers like FedEx and UPS.”

    I have videos from the 70s showing a dishwasher that rolls across the kitchen to the countertop and puts all your dishes away. These outlandish future predictions are always laughable. I’m sure a blimp like warehouse traveling 1000 ft in the air would make for great target practice. I’d hate to see what happens to it when a wind storm comes out of nowhere and it knocks your home into the highway behind it.

  49. grim says:

    Suspect air rights and property taxes are going to be a major factor in their balloon plan.

    You really think a town is going to let them float over it without paying property taxes for the air they occupy? Nonsense.

  50. Yo! says:

    Makes more sense to build warehouses on floor of Newark Bay. Close to ports, airport, 20 million NY metro consumers. And environmentalists can’t complain because Newark Bay is too polluted to support sea life.

    Amazon delivery patents:
    https://www.cbinsights.com/research/amazon-warehouse-patent/?utm_source=CB+Insights+Newsletter&utm_campaign=f65839db05-ThursNL_6_22_2017&utm_medium=email&utm_term=0_9dc0513989-f65839db05-86868081

  51. joyce says:

    A material portion of Amazon’s business was built by never paying sales tax to jurisdictions in which they cleared had a nexus… why change now?

    grim says:
    October 19, 2018 at 9:08 am
    Suspect air rights and property taxes are going to be a major factor in their balloon plan.

    You really think a town is going to let them float over it without paying property taxes for the air they occupy? Nonsense.

  52. 30 year realtor says:

    NIMAS / Not In My Air Space! Move that shadow somewhere else!

  53. Juice Box says:

    Grim – You are going to get your drone or baloon fly over and you are going to like it dammit! Navigational easements are solely in the domain of the FAA and big brother.

  54. Comrade Nom Deplume, LETS GO RED SOX!!! says:

    Lurker,

    I reiterate what Bystander says about Cranford. I lived in the Brig for 5 years as well.

    But to depart a bit from Bystander, I offer the following: Flooding is an issue but not everywhere. Also, like in the Brig, North is superior to South (sorry, South, it just is) but look at your commute. The N-S divide is like a moat, especially in Cranford, so depending where you are driving, consider that. Finally, I liked riding the RVL but my office was at Gateway in Newark so I didn’t have to think about changing trains.

  55. Blue Ribbon Teacher says:

    Later in same video
    https://youtu.be/_HyiY_m_YxI?t=1209

    lol, so Amazone filed a patent on floating warehouses to generate media attention. And then they filed a patent to defend against projectiles fired at their floating warehouses? I love it.

  56. MushroomDick says:

    You probably think Toxic Masculinity is when his dick gives you aids.

  57. D-FENS says:

    By the year 2000, we will all have flying cars that we can drive there.

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  59. The Great Pumpkin says:

    It’s almost here, they were just waiting till the flying cars could drive themselves. Otherwise, flying cars would have been here in 2000. It’s far too dangerous to let a human have access to flying cars. It’s dangerous enough letting them drive cars and giant death machines called dump trucks.

    Our world is going to change fast.

    D-FENS says:
    October 19, 2018 at 11:16 am
    By the year 2000, we will all have flying cars that we can drive there.

  60. MAGA2020 says:

    When you intentionally conflate legal and legal immigration so the public becomes misled on the subject and encourage people to enter our country illegally you are an enemy of the people. I have no problem with pols are any one else body slamming reporters from certain news agencies. MAGA

  61. Bystander says:

    240,000 UPS teamsters shoot themselves in foot. New $15 hr “hybrid driver” approved to deliver packages on weekends, including Sundays. Ouch.

    “When turnout is under that threshold, at least two-thirds of members must vote against an agreement to reject a final offer. This is known as the “two-thirds rule.”

    “Only 44.3 percent of members voted and 54.2 percent opposed the agreement – triggering the constitutional provision,” the union said. “Thus, the National Master Agreement has been ratified.”

  62. joyce says:

    Never heard of an organization with rules saying you need to vote a new probably down rather than vote to accept something. I think Ben would say this is more evidence that some unions are run for the good of the union bosses not members.

    Bystander says:
    October 19, 2018 at 12:33 pm
    240,000 UPS teamsters shoot themselves in foot. New $15 hr “hybrid driver” approved to deliver packages on weekends, including Sundays. Ouch.

    “When turnout is under that threshold, at least two-thirds of members must vote against an agreement to reject a final offer. This is known as the “two-thirds rule.”

    “Only 44.3 percent of members voted and 54.2 percent opposed the agreement – triggering the constitutional provision,” the union said. “Thus, the National Master Agreement has been ratified.”

  63. joyce says:

    probably = proposal

  64. Bystander says:

    So, now..any prime order made Wed to Fri could be delivered over weekend by much cheaper worker. Hmm, say goodbye to many $30/hr drivers

  65. The Great Pumpkin says:

    Fabulous, more money being redistributed from the working class (consumer) to the wealth class (buys nothing, but investments). Concentration of wealth is a beautiful thing. Damn those unions for preventing this.

    Bystander says:
    October 19, 2018 at 12:33 pm
    240,000 UPS teamsters shoot themselves in foot. New $15 hr “hybrid driver” approved to deliver packages on weekends, including Sundays. Ouch.

    “When turnout is under that threshold, at least two-thirds of members must vote against an agreement to reject a final offer. This is known as the “two-thirds rule.”

    “Only 44.3 percent of members voted and 54.2 percent opposed the agreement – triggering the constitutional provision,” the union said. “Thus, the National Master Agreement has been ratified.”

  66. Lurker 34 says:

    Thank you both. I realize you guys lived in Westfield, but do you have any knowledge of the flood prone areas in Cranford? The maps I’ve seen mainly highlight the northern section of town around the large park. The river has many curves and flows south through downtown so I’m sure there are other areas to avoid as well.

    Comrade Nom Deplume, LETS GO RED SOX!!! says:
    October 19, 2018 at 9:57 am
    Lurker,

    I reiterate what Bystander says about Cranford. I lived in the Brig for 5 years as well.

    But to depart a bit from Bystander, I offer the following: Flooding is an issue but not everywhere. Also, like in the Brig, North is superior to South (sorry, South, it just is) but look at your commute. The N-S divide is like a moat, especially in Cranford, so depending where you are driving, consider that. Finally, I liked riding the RVL but my office was at Gateway in Newark so I didn’t have to think about changing trains.

  67. Bystander says:

    Lurk,

    I don’t. I recall there was Cranford Talk chat board or something which had great information. Might want to check if they are still operating.

  68. Blue Ribbon Teacher says:

    city-data.com forums usually have decent info or conversations on the boards about most towns.

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  71. leftwing says:

    Chi, good videos.

    Galloway is one of the smartest guys out there on the business of tech, following him has enhanced my net worth…..

  72. leftwing says:

    Damn, can someone write a simple screening program that identifies blacklisted words….Tried a couple times chi to drop a comment on d’souza with an anecdote from ithaca. can’t get through the filters….damn

  73. Angry! says:

    Left,

    List exists:
    http://njrereport.com/index.php/blacklist/

    Or just click the BlackList link at the top of the page in the black bar under the map / image.

  74. leftwing says:

    I know…..can’t figure out what’s tripping it……must be something buried in a word…..

    S0c1al1sm, Naxism….both pass….

  75. ExEssex says:

    It’s liiiike Raaaaaaaain on wedding day….

  76. ExEssex says:

    The Wall Street Journal says Amazon executives have revisited some locations on its shortlist for its much-anticipated second headquarters, or HQ2.
    Executives reportedly revisited Chicago, New York and Newark, New Jersey in recent months.
    Amazon is expected to make its decision on the location of its HQ2 by the end of the year.

  77. Project on Tap says:

    is there anywhere that one can purchase a tempered glass (round, octagonal) window in stock or are they all special order 3-5 weeks?
    thx in advance

  78. The Great Pumpkin says:

    My god, how do they even recruit college graduates for these positions? These people are saints for investing in a college education and then taking on these really low salaries. No one on this board would invest in college and then work for this chump change. None of us would. These people are doing a huge favor for the taxpayer, yet get bashed on a regular basis just because they are a public sector employee.

    https://www.nj.com/education/2018/10/the_50_nj_school_districts_where_teachers_make_the_1.html

  79. The Great Pumpkin says:

    If any of these teachers on the list are raising a family on this salary, they are basically living in poverty trying to raise a family on 50,000 in this state. So let’s not bash these people and certainly make sure they get their pension. They are not robbing the taxpayer, it’s the other way around. They aren’t getting 6 figure pensions because they are not even close to a six figure salary.

  80. The Great Pumpkin says:

    Fast Eddie,

    Watch this clip of Reagan. Social security is not responsible for the deficit. I tried to explain this many times on here, but maybe if it comes from his mouth, you will listen.

    https://youtu.be/pik72TpDjR4

  81. The Great Pumpkin says:

    It’s the same issue with the state pensions. Both are simply based on a tax on the worker to help pay for the retired workers. How can it go bankrupt? It can’t. Impossible. It has only become under stress because they started tapping these trust funds to pay for other parts of govt which is criminal.

  82. The Great Pumpkin says:

    It’s just funny, they call social security “entitlements” for propaganda purposes, but how is it an entitlement? Wtf? We put into that fund with every working paycheck. This has nothing to do with free handout. You invest into the fund your entire working career with the intention of collecting in retirement

  83. 1987 condo says:

    Social security is indeed a pay as you go plan and will pay based on what is collected. However, many state and muni and private plans are “defined benefit” so that a formula determines the payout. The money put into the plans, by all sources, is generally not enough to meet the benefit promised so the funds are invested and an “assumed” growth or interest rate is assumed.

    Missing the contribution target or the growth target will create a shortfall.

  84. Grim fan (not the first nor last) says:

    Lurker @ 1:11 pm
    Re: Cranford flooding, you’ll want to avoid any neighborhood within a 1/4 mile or more from the Rahway river. We walk in Nomahegan Park often and along Riverside Dr there are homes which were raised a story on a fully exposed concrete basement. There’s also a pump house nearby at ground level and a levee across the street which attempts to contains the river on both banks. I’m guessing much of that work was done within the last 10 years, probably due to the Hurrucane Irene. I wouldn’t take a house for free in that neighborhood, and looking at Zillow values of some of these flood-mitigated homes the prices and taxes are still outrageously inflated IMO.

  85. Not Aderral Eddie says:

    To Fast Eddie;

    Your ideological pure comments, many time ignore the reality, just to score “ideological points”. In this link from the Galloway video. He points out his curriculum vitae as successful serial entrepreneur but still gets called the S word, because what Murdoch, Kochs and other like them want is not the C word, but crony C.

    https://youtu.be/_HyiY_m_YxI?t=1831

    Finally, I must give credit to Galloway, to point out how much of a dirt bag boomer icon Steve Jobs was. Galloway is on the oldest edge of Gen Xrs like me, so we saw what it was, and how it was turn in to horse doo doo by the boomer locust’s leadership in all fronts.

    https://youtu.be/_HyiY_m_YxI?t=711

  86. Blue Ribbon Teacher says:

    My god, how do they even recruit college graduates for these positions? These people are saints for investing in a college education and then taking on these really low salaries. No one on this board would invest in college and then work for this chump change. None of us would. These people are doing a huge favor for the taxpayer, yet get bashed on a regular basis just because they are a public sector employee.

    https://www.nj.com/education/2018/10/the_50_nj_school_districts_where_teachers_make_the_1.html

    It’s a good thing that the state union takes $1000 from them every year isn’t it?

  87. ExEssex says:

    7:46 i’m Tellin ya most of these gigs are staffed by chicks who will eventually marry have babies and then decide if the pay even covers childcare costs once they reach two or three kids in the family.

  88. ExEssex says:

    8:59 it’s the third rail of politics . If KY Mitch is dumb enough to touch it.

  89. The Great Pumpkin says:

    Ama­zon’s one-mil­lion-square-foot dis­tri­b­u­tion cen­ter in Bal­ti­more is a mas­sive ful­fill­ment ma­chine. Stand at one end of the ware­house, and its ti­ta­nium-white scaf­fold­ing and seem­ingly end­less con­veyor belts dis­ap­pear at a van­ish­ing point that is, some­how, within the build­ing. The ma­chine is a daz­zling com­bi­na­tion of chutes, lad­ders, rollers and 11 miles’ worth of con­veyor belts. Cus­tomers’ or­ders move from shelv­ing into bins and from bins into boxes as they travel via the ma­chine straight into de­liv­ery vans, pass­ing by sta­tion-ary work­ers at var­i­ous points along the way. Hu­mans are rarely re­quired to move around here. It’s much faster, and cheaper, to have stuff brought to them.

    This is where robots come in. Re­sem­bling over­size Room­bas topped with Ikea shelv­ing, these Kiva robots can carry up to 750 pounds of goods in their 40-odd cub­bies. Af­ter a cus­tomer places an or­der, a ro­bot car­ry­ing the de­sired item scoots over to a worker, who reads on a screen what item to pick and what cubby it’s lo­cated in, scans a bar code and places the item in a bright-yel­low bin that trav­els by con­veyor belt to a pack­ing sta­tion. AI sug­gests an ap­pro­pri­ate box size; a worker places the item in the box, which a ro­bot tapes shut and, af­ter ap­ply­ing a ship­ping la­bel, sends on its way. Hu­mans are needed mostly for grasp­ing and plac­ing, tasks that robots haven’t mas­tered yet.

    https://www.wsj.com/articles/how-robots-and-drones-will-change-retail-forever-1539604800?emailToken=88c9fde88d246373409248d4955d2d56vELSz40V1v2Y/u1C9N3+Vdjk54WfNps0Xq6qA5avtJnolToMKmLZvAxgN/VfD+UXzPIVvQGnWE10Xgr7T0gluyO0Xdh/0iQWIppus431JkM%3D&reflink=article_copyURL_share

  90. The Great Pumpkin says:

    The robots and AI are coming, it’s inevitable.

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