The Exodus

From CNBC:

People couldn’t wait to leave this state in 2019

Blame it on brutal winters, high taxes or the New Jersey Turnpike: The Garden State is the last place where people want to be.

More than two-thirds of all New Jersey moves were outbound in 2019, according to an analysis from United Van Lines.

About a third of people leaving the state cited retirement as a primary reason for relocating, the moving service found.

United Van Lines analyzed 182,186 shipments last year through Dec. 18. New Jersey had a total of 4,059 shipments, of which 2,779 were sent out of state.

This is the second year in a row that the Garden State led the country in the percentage of departures.

“The economics in that state are a little bit uncertain, so we see people leaving,” said Eily Cummings, director of corporate communications at United Van Lines.

Illinois and New York round out the top three states experiencing the highest percentage of outbound traffic, United Van Lines found.

Leaving New Jersey can make good financial sense for some people, particularly if they’re thinking of retirement.

More than 230,000 residents left the state in 2018, according to Census data.

Consider that the Garden State has an effective property tax rate of 2.13%, and state and local property tax collections per capita are $3,127, according to the Tax Foundation.

That’s the top property tax rate and the per-capita property tax collection in the nation.

Taxes on individual income are also among the highest in the country: New Jersey has a top rate of 10.75%, according to the Tax Foundation.

This entry was posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Property Taxes. Bookmark the permalink.

114 Responses to The Exodus

  1. grim says:

    Do we still think the presidency is meaningless after tonight?

    The smoldering wreckage was impressive. This takes precision airstrike to a whole new level. If this guy became the new head of Iran, we know what we would get, murder, terrorism, and unrest. We likely had plenty of options to kill Osama bin Laden far before we did, but didn’t take them. In retrospect, each one of those was a wrong decision. That’s the calculus here. Don’t ever miss the opportunity to kill a terrorist criminal murderer, because you might not get another chance before he gets even worse.

    Escalation? Christ. Iran has been escalating for the last decade and the international community is so tired of it they don’t even make a statement when Iran organizes an attack on a US embassy.

    Send one for Khomeini and another for Kim Jung Un.

  2. grim says:

    The partisan backlash from the democratic candidates will be their downfall.

  3. grim says:

    From CBS:

    Goodbye Big Apple: More People Are Leaving New York Than Any Other State In The U.S.

    As the old song goes, “if you can make it here, you can make it anywhere.”

    Unfortunately for New York, more people are choosing to leave the Big Apple and go “anywhere” but here.

    According to U.S. Census data released Monday, people are leaving New York at a faster rate than nearly any other state in the nation.

    For the fourth straight year, the state’s population decreased as the number of residents choosing to go elsewhere outpaced the number of births, new residents moving in, and people immigrating to the Empire State.

    New York is one of only 10 states to see their population go down between 2018 and 2019, according to a study by the Empire Center for Public Policy.

    “New York has lost nearly 1.4 million residents to the rest of the country since 2010 – and largely as a result of this outflow, the Empire State’s total population barely budged during the decade,” a Dec. 30 Empire Center release said.

    “The cost of living in New York — the high taxes, regulations and housing costs — are making it untenable to live the American dream here,” Staten Island Councilman Joe Borelli told the New York Post.

  4. grim says:

    From the Census Dept:

    2019 U.S. Population Estimates Continue to Show the Nation’s Growth Is Slowing

    Forty states and the District of Columbia saw population increases between 2018 and 2019. Ten states lost population between 2018 and 2019, four of which had losses over 10,000 people. The 10 states that lost population were New York (-76,790; -0.4%), Illinois (-51,250; -0.4%), West Virginia (-12,144; -0.7%), Louisiana (-10,896; -0.2%), Connecticut (-6,233; -0.2%), Mississippi (-4,871; -0.2%), Hawaii (-4,721; -0.3%), New Jersey (-3,835; 0.0%), Alaska (-3,594; -0.5%), and Vermont (-369 ; -0.1%).

  5. grim says:

    A war a day keeps the recession away.

  6. D-FENS says:

    https://www.latimes.com/california/story/2019-12-31/la-me-ln-california-apportionment-2020-census

    California could lose a congressional district following 2020 census count

    California is poised to lose a congressional seat for the first time in its history as a state, based on U.S. Census Bureau population estimates released Monday that showed the nation’s growth continued to slow in 2019.

    Some 27 states and the District of Columbia lost residents through net domestic migration between 2018 and 2019, the new census data show.

    About 203,000 people left California in that period, a result of the state’s shifting migration patterns and economic strains that are making it harder to afford living here. New York, Illinois, New Jersey, Massachusetts and Louisiana also saw large losses to other states.

  7. Yo! says:

    New Jersey and Illinois rely increasingly on immigration to keep their populations from free fall. The immigrants are still pouring in despite the weak state economies. My guess is family ties are driving the moves. Living like a rat in New Jersey beats living like a king in many countries.

    North Carolina and Georgia have larger populations than New Jersey and Illinois but have less than half the immigrants.

  8. D-FENS says:

    In the context of the above article from the LA Times, drivers licenses for illegal immigrants, “motor voter” laws that register voters, and the fierce battle fighting the citizenship question on the census don’t seem so much like Democrats being compassionate…

  9. truesue says:

    Don’t forget every one that leaves puts more of a burden on the ones that stay ..

  10. D-FENS says:

    If you were to look at a map of birth rates or fertility rates in the US…then compare to a 2016 map of which states voted R or D for president…the maps are remarkably similar.

    https://www.thebalance.com/birth-rate-by-state-4684536

  11. D-FENS says:

    In case it isn’t clear as to what I’m getting at…the number of congressional seats and electoral college votes each state gets is based on the census.

  12. grim says:

    New Jersey and Illinois rely increasingly on immigration to keep their populations from free fall. The immigrants are still pouring in despite the weak state economies.

    What’s missing in this is the explanation for why incomes are rising, and state GDP is rising – as well as why the real estate market is holding up.

    The argument that wealthy residents are leaving and being replaced with lower income residents is not being reflected in the numbers.

    In fact, it’s easier to argue that lower-income residents are leaving, being replaced with mid and higher-income – this would represent a very, very different kind of immigrant than is usually associated with the story. I would argue that we’re starting to see gentrification of higher-poverty urban areas pushing out low income residents. We’re not lifting people out of poverty, NJ’s oppressively high taxes and cost of living, as well as a loss of low-income jobs, is forcing them to leave.

    So what gives?

  13. D-FENS says:

    My guess is the middle class is leaving. Not lower income. I believe this as been called “the barbell effect” by a longtime commenter here.

    A county by county out-migration map of NJ might reveal suburbs and exurbs shrinking.

    Just a guess, but most of those leaving probably live in NW, Western, and South Jersey.

  14. Fast Eddie says:

    We’re not lifting people out of poverty, NJ’s oppressively high taxes and cost of living, as well as a loss of low-income jobs, is forcing them to leave.

    So what gives?

    I think you already said it. The assumption is that wealth is leaving but you’re stating the opposite effect.

  15. D-FENS says:

    https://www.cnbc.com/2019/01/11/why-people-are-fleeing-new-jersey-more-than-any-other-state.html

    Reasons number one and two for moving out?
    1 – Job opportunity or career change
    2 – Retirement

    In the map they show in the above linked article, Florida and the Pacific Northwest show high growth. Florida is likely because of retirees. But perhaps those moving to the Pacific Northwest are taking new tech jobs?

    If the NYC Metro including NE NJ are growing…perhaps this is also because of an increase in tech jobs in that area?

  16. Fast Eddie says:

    In other news, Trump takes out the world’s most treacherous terrorists, Soleimani and Baghdadi. Oblammy failed to do so. In fact, Oblammy gave Iran billions and a president with balls slams the door. Another win!

  17. Yo! says:

    New York metro enjoys positive income sorting. The people moving in earn more than the people leaving. This supports the housing market. The positive sorting extends to education, age (younger), and a greater likelihood of renting. San Francisco, LA, and Seattle metros seeing similar trends.

    Some NJ politicians get it and are taking action to attract the newcomers. For instance, Hudson County sanctuary municipalities issued building permits for 4,899 new units through first 11 months of 2019. The number in MAGA Sussex County? Zero.

  18. Yo! says:

    The United Van Line stats are misleading. People moving out of New Jersey can’t afford private moving services so need to rent trucks. People moving in hire a team to do the job. This isn’t picked up the UVL stats.

  19. PatrioticHillbilly says:

    I think the fact that the outmigration has coincided with the economic recovery masks the disparity between those leaving and coming. 421k jobs added in the past decade and only 200k change in population. Higher labor participation will boost income and gdp stats.

  20. The Great Pumpkin says:

    Yes, this opening article is all about demographics. The baby boomers are starting to retire en masse. North Carolina and Georgia might not have immigrants, but their population growth is sure based on the movement of boomer retirees to the south.

    “North Carolina and Georgia have larger populations than New Jersey and Illinois but have less than half the immigrants.”

  21. PatrioticHillbilly says:

    Yo, lol, you lost me. Illegals are higher a team of movers when they arrive to Hudson county? Are the incomes, wealth etc of who the state is attracting higher than those who are leaving? Are you saying the high income inmovers are arriving to sanctuary cities? Or are you just looking at the population changes and concluding all increases are good?

  22. The Great Pumpkin says:

    What will happen to these places once the boomers stop moving there? Who will buy all the inventory as they die off? How will it impact jobs in the south? Can their economy continue to grow without rich retirees pumping tons of capital into their economy based on labor capital from the north? Think about that; these places still can’t match the economy of the north with the huge advantage of having retirees flush with money coming to live there without the expectation of getting a job. So pure spenders, not relying on the location to put capital in their pockets. How is their economy not stronger? Easy, all the young producers flock to high cost locations. The only rich leaving the high cost areas are the ones done producing for whatever reason.

    So it’s only natural that immigrants would be attracted to our most productive areas (highest cost of living areas). People that are done producing attracted to cheap non productive areas (low cost of living) of our country.

  23. The Great Pumpkin says:

    Absolutely not. Anyone complaining about the cost of this state should take the position of wanting people to leave. It’s simple economics. The more people per sq mile, the higher the cost of everything. So I laugh at these articles claiming tons of people are leaving nj… I’ll believe it when I see the price of everything going down significantly. Till then, market pricing calls bs on the idea of everyone leaving the rich expensive areas.

    truesue says:
    January 3, 2020 at 7:49 am
    Don’t forget every one that leaves puts more of a burden on the ones that stay ..

  24. PatrioticHillbilly says:

    Eddie, for the record that was a shlt move. He keeps taking the neocon bait. If the fake news and radical left want to investigate foreign interference in our politics let’s look at our so called allies in the Middle East and their lobbying arms. Let them fight their own wars.

  25. D-FENS says:

    Trump is crazy. My advice to Iran is to airlift 150 billion dollars in unmarked US bills to the US to calm his aggression.

  26. ExEssex says:

    9:15 that’s not how it works sport.

    Eddie you seem to have a real hard-on for Obama.
    Give it up, he never thinks of you.

  27. grim says:

    My guess is the middle class is leaving. Not lower income. I believe this as been called “the barbell effect” by a longtime commenter here.

    I posted some data on this a few weeks back, this is not the case. Households are either moving up the income ladder, or leaving and being replaced.

    Deeper dive into the 2018 NJ Household Income.

    ACS – 1 YR – 2017 vs 2018 by tier (and difference)
    Less than $10k – 5.3% / 5.0% – Decline of 0.3%
    $10-15k – 3.5% / 3.1% – Decline of 0.4%
    $15-25k – 7.7% / 7.2% – Decline of 0.5%
    $25-35k – 7.3% / 6.7% – Decline of 0.6%
    $35-50k – 10.1% / 9.3% – Decline of 0.8%
    $50-75k – 15.3% / 14.8% – Decline of 0.5%
    $75-100k – 12.2% / 12.2% – Flat
    $100-150k – 17.4% / 17.5% – Increase of 0.1%
    $150-200k – 9.3% / 10.2% – Increase of 0.9%
    $200k+ – 11.9% / 13.9% – Increase of Increase of 2.0%

  28. The Great Pumpkin says:

    Yes it does. Why is south jersey much cheaper than northeast nj? Why does rent go up the closer you get to nyc and lowers the farther you go?

    NJ and every other high cost location is expensive because a ton of people per sq mile are fighting over limited resources. Land becomes extremely expensive and everything else follows.

    Middle of nowhere, with 2 people per sq mile, you get cheap taxes along with everything else. Coincidence?

    ExEssex says:
    January 3, 2020 at 9:35 am
    9:15 that’s not how it works sport.

  29. Juice Box says:

    Humm no ordinary double tap for the bad guy this time 4 hellfire missiles sent him to hell. Reaper had to be launched nearby it’s range is 1200 miles so our presence there is about to be challenged, it’s now reported Iraq’s Parliament is having an emergency meeting to end our presence of 5,000+ troops there.

  30. Bystander says:

    Do we still think the presidency is meaningless after tonight?

    Except when his number was called, he ran away, cowardly, on his bone spurs. I love how right always talk up their ‘troop supporting’ prez even when facts show they ran when their number was called and let poor kids die instead. Two in a row.

  31. Juice Box says:

    Trump did say three days ago that Iran would pay a very big price and he kept his word.
    Under reported was other guy killed in the in the car was the Iranian deputy commander in country who was running the op to attack our embassy and was leading the Iran-backed Shiite militias,.their goal of course is to cause a revolution in Iraq.

    More to the story is the fact that Iraqi forces guard the usually safe Green Zone, they did not do their job and were perhaps told to stand down.

    We have some hard decisions to make with regards to our continued presence in Iraq.

  32. D-FENS says:

    @Imamofpeace
    ·
    6h
    I have received full pictures of the bodies and remains of #QassemSuleimani and his convoy.

    Too graphic to share.

    But, I must say, Trump is killing them in the most humiliating ways possible. He sent a dog after Baghdadi, and the US strike sliced #QassemSuleimani’s male organ.

  33. chicagofinance says:

    Shouldn’t this data be bifurcated downstate/NYC Metro versus rest-of-NYS? Cuomo governs NYS for the benefit of NYC and the rest of the state can suck it…….

    grim says:
    January 3, 2020 at 7:08 am
    From CBS:

    Goodbye Big Apple: More People Are Leaving New York Than Any Other State In The U.S.

    As the old song goes, “if you can make it here, you can make it anywhere.”

    Unfortunately for New York, more people are choosing to leave the Big Apple and go “anywhere” but here.

    According to U.S. Census data released Monday, people are leaving New York at a faster rate than nearly any other state in the nation.

    For the fourth straight year, the state’s population decreased as the number of residents choosing to go elsewhere outpaced the number of births, new residents moving in, and people immigrating to the Empire State.

    New York is one of only 10 states to see their population go down between 2018 and 2019, according to a study by the Empire Center for Public Policy.

    “New York has lost nearly 1.4 million residents to the rest of the country since 2010 – and largely as a result of this outflow, the Empire State’s total population barely budged during the decade,” a Dec. 30 Empire Center release said.

    “The cost of living in New York — the high taxes, regulations and housing costs — are making it untenable to live the American dream here,” Staten Island Councilman Joe Borelli told the New York Post.

  34. PatrioticHillbilly says:

    Same shlt juice. Chaos policy. Regime change. Keep turning everything on it’s head over there. No systematic goal but endless war.

    A continuation of he existing Middle East policy. In that way I do agree the president is meaningless. We have no say in these engagements.

  35. Juice Box says:

    Muqtada al-Sadr is now reforming the Mehdi army, why is that guy still breathing?

    Could get real messy

  36. chicagofinance says:

    Isn’t this effect reflected in Hoboken as an example. Hoboken is STILL well below its all time high in population, despite the tremendous build out of almost every available lot in the town footprint. Typical was across the street from me years ago…. apartment with family of 5, owner kicks out renters, renovates building, sells as condo, rent to two 25 year old guys. Family of 5 probably had $50-$60K household income. Replacements probably were $150K+ as a household…..

    http://worldpopulationreview.com/us-cities/hoboken-nj-population/

    Yo! says:
    January 3, 2020 at 8:44 am
    New York metro enjoys positive income sorting. The people moving in earn more than the people leaving. This supports the housing market. The positive sorting extends to education, age (younger), and a greater likelihood of renting. San Francisco, LA, and Seattle metros seeing similar trends.

    Some NJ politicians get it and are taking action to attract the newcomers. For instance, Hudson County sanctuary municipalities issued building permits for 4,899 new units through first 11 months of 2019. The number in MAGA Sussex County? Zero.

  37. The Great Pumpkin says:

    I know this was posted on this blog before, but thought it was fitting to show how dense north jersey really is. You can’t tell me it’s not turning into nyc.

    “3D maps show parts of NJ are the most densely populated on the planet”

    “The Garden State is home to the top four most densely populated municipalities in the United States, and seven of the top 10. The top four, all in Hudson County, are some of the most densely populated on the planet.

    But not all of New Jersey is packed like sardines. The number of people per square mile scales from 0 to more than 60,000, showing even the most crowded state in the union hasn’t been completely overrun by people.”

    https://www.nj.com/news/2019/01/3d-maps-show-parts-of-nj-are-the-most-densely-populated-on-the-planet.html

  38. 3b says:

    The Middle East is a giant backward chess pool. We should get out. There will never be peace or prosperity there. They remain in the 12th century.

  39. Libturd, the Master Beta says:

    In other news, manufacturing has now returned to the depths it hit during the Great Recession. MAGA!

    https://www.marketwatch.com/story/us-manufacturing-slumps-worsens-in-december-as-ism-index-falls-to-10-year-low-2020-01-03?siteid=yhoof2&yptr=yahoo

    @realDonaldTrump
    “This is a blowout. Look at these manufacturing numbers, a blowout.”
    10:05 AM · Dec 6, 2019·Twitter for iPhone

    @realDonaldTrump
    ….MANUFACTURING RESILIENCE, illegal immigration coming down, the Wall going up, China confronted, the caliphate defeated, NAFTA renegotiated, our military rebuilt, NATO paying more, regulations costing less,…….and much more. This is why they’re….
    12:28 AM · Dec 16, 2019

    Just another two examples of Trump’s repeated lies and his disciples eat up das fuhrer’s gospel like it’s Halloween candy.

  40. Libturd, the Master Beta says:

    If there is one thing Trump is great at, it’s lying.

    https://apnews.com/3e265c4138d04e22886e6e1818789734

  41. Mike S says:

    There are a lot of cheap areas to live in NJ if you don’t work near NYC

  42. Libturd, the Master Beta says:

    @realDonaldTrump
    Last year was the best year for American Manufacturing job growth since 1997, or 21 years. The previous administration said manufacturing will not come back to the U.S., “you would need a magic wand.” I guess I found the MAGIC WAND – and it is only getting better!
    10:22 AM · Jan 21, 2019

    https://ei.marketwatch.com/Multimedia/2020/01/03/Photos/MG/MW-HX727_NAPM_20200103103741_MG.png?uuid=facadf7a-2e3e-11ea-82b4-9c8e992d421e

  43. Libturd, the Master Beta says:

    Mike S. – There is for sure. Especially down by Vineland or in the cities that the hipsters have chosen to ignore.

  44. ExEssex says:

    I read these stories about exodus and really love how the comments re: liberals leaving the NY area.
    People assume just because some one is from NYC they are Liberal.

  45. D-FENS says:

    The shadowy Iranian spy chief who helped plan Benghazi
    By Kenneth R. TimmermanJune 20, 2014 | 8:57pm

    https://nypost.com/2014/06/20/how-irans-spy-chief-paid-for-the-benghazi-attack/

    (guess who it was)

  46. D-FENS says:

    “Their initial orders were to kidnap the US ambassador while he was visiting Benghazi, and to destroy the CIA Annex. They wanted to drive the United States out of Benghazi, where they believed the CIA was supervising weapons transfers to the Syrian rebels.

    “Iran saw the CIA presence on the ground in Benghazi as a direct threat,” the former Western European intelligence chief said.”

  47. D-FENS says:

    https://www.washingtontimes.com/news/2016/mar/20/kenneth-timmerman-the-iranian-connection-to-the-be/

    “Everyone knew the Iranians were in Benghazi,” former CIA security officer Kris “Tanto” Paranto said in an interview. “Especially once the Red Cross [Red Crescent] team from Iran was ‘kidnapped’ by Ansar al-Shariah, we knew about them and were tracking them.”

  48. PatrioticHillbilly says:

    Exactly the problem DFENS, we’ve seen this enough. there is always blowback. Blama instigated a “cia” backed civil war in Syria, that results somehow in Benghazi and a refugee crisis that’s ongoing. We obliterate this pos and another one steps in and seeks retribution. Enough already.

  49. D-FENS says:

    That assumption worked for the homeless guy I saw in Manhattan last week. He had a cardboard sign that said “Please give me money or I will vote for Donald Trump”.

    His cup was full.

    ExEssex says:
    January 3, 2020 at 11:36 am
    I read these stories about exodus and really love how the comments re: liberals leaving the NY area.
    People assume just because some one is from NYC they are Liberal

  50. The Great Pumpkin says:

    “Malkiel, whose 1973 book “A Random Walk Down Wall Street” helped initiate the shift toward low-cost passive index investing, stressed that predicting a recession is an exceedingly difficult task.

    “Don’t try it at home. That’s my advice,” said Malkiel, who is an emeritus economics professor at Princeton University and chief investment officer at Wealthfront.

    But, when looking at U.S. data, Malkiel said he does not see obvious cracks in an economic foundation upon which the longest expansion in American history has been built.

    “I don’t see particular warning signs now but again, you never know,” he said.

    Malkiel’s comments come against the backdrop of a new report from the Conference Board that found CEOs’ biggest fear in 2020 is a recession.

    Recession worries were elevated at times in 2019 as the U.S.-China trade war, uncertainty around Brexit and slowing global growth dominated headlines.

    Those concerns hit a fever pitch in late summer when the bond market presented a historically reliable signal that a recession was on its way in the next year.

    But those fears waned as 2019 progressed, with the yield curve reverting and tensions in the trade war improving, and stocks finished the year at record highs.

    Malkiel is not alone in his belief that chances of a recession are low in 2020. On Tuesday, economists at Goldman Sachs issued a bullish report that argued an economic downturn is unlikely over the next several years.

    “While new risks could emerge, none of the main sources of recent recessions — oil shocks, inflationary overheating, and financial imbalances — seem too concerning for now,” they wrote. “As a result, the prospects for a soft landing look better than widely thought.””

  51. The Great Pumpkin says:

    These are experts worth listening to. Not the individuals yelling and screaming a recession is due because this run is long in the tooth.

  52. Friday 3/365 says:

    Iran’s next move are attack on Saudi Aramco oil fields and a soft invasion of Iraq.

    By soft, I mean they de-facto run the place. They are going to send in troops and just call it Iran, under protecting shiites (WW2 Germany like). They run the place because from the fall of Saddam they instituted divide and conquer (a note here for all those that hope/think of another civil war in the USA).

    Iran runs the religious sects, which are de-facto local ethnic neighborhood/area governments with their own militias, and that is where there power is, on local religious/cleric control not on elected Iraqi government officials that are purposely kept weak and disorganized by their intelligence world.

    By the way this is what the local iraqis have rioting about and actually love that the general was pulverized. They feel iraqis, a still stronghold from the Hussein days, not a religious sect brand controlled by some old cleric.

    An expanded Iran will try to take out Saudi Arabia, so we are in for a big assymetric back and forth for a while. Russia and China in the middle, and Israel too. Let’s see when do we see Mr.Nuclear show his ugly hot head.

  53. chicagofinance says:

    Speaker Nancy Pelosi made herself look ridiculous this year when she backed lowering the voting age to 16. This is an idiotic and destructive idea, an epic and hackish pander, and is offensive to the baseline reality that the adults of a great nation have the right to govern its affairs. It will go nowhere, but the coming decade may see some pushback against the 18-year-old vote, passed in 1971. A lot has changed since then. We know the brains of 18-year-olds are not fully developed and haven’t fully knitted. Young people are educated more poorly, and the screens that surround them and through which they learn encourage sensation, not thought. Their experience of the world is limited; most are financially and emotionally supported by others. All this as the questions we face grow more complex. We should raise the voting age, not lower it.

  54. chicagofinance says:

    noonan

  55. SorryChiFi says:

    ChiFi,

    Sorry, but I agree with Pelosi. You are right about brain development. But the other side of the coin is the Boomer Locust plague affecting the country.

    I’ll trade you raising the voting/draft age to 21 (fully developed brain), but Boomers are forbidden to vote. Until then, I say let’s go Alabama, 14 yrs can get married, well they can vote.

  56. Fast Eddie says:

    Again with the boomer locust thing… hilarious! As if the generation(s) to follow would have done things differently. Who do you blame in 30 or 40 years from now? Then again, we may not be able to debate it because the p.ussy generation of today will already have submitted to their captors and relinquished their freedoms. They’ll figure that it’s easier to be fed than fight.

  57. The Great Pumpkin says:

    Bystander,

    Check out this article. Sure to boil your blood.

    “William Kerr, a professor at the Harvard Business School, concluded from this shortage that “if we want to grow our economy and expand and pursue all of the opportunities that we have in front of us, then we need to be thinking about how to leverage immigration.” In order to respond to the growing deficit of skilled workers in the American workforce, the H-1B visa program should be expanded and improved.”

    https://harvardpolitics.com/united-states/where-the-workers-are/

  58. D-FENS says:

    The reason 18 year olds make good soldiers is because their brains are not fully developed. They have the minds of children but bodies of adults. Easier to train.

    You would not want to raise the age for the draft.

    SorryChiFi says:
    January 3, 2020 at 1:27 pm
    ChiFi,

    Sorry, but I agree with Pelosi. You are right about brain development. But the other side of the coin is the Boomer Locust plague affecting the country.

    I’ll trade you raising the voting/draft age to 21 (fully developed brain), but Boomers are forbidden to vote. Until then, I say let’s go Alabama, 14 yrs can get married, well they can vote.

  59. Libturd, the Master Beta says:

    I don’t know if relinquishing to their freedoms (which are questionable to begin with), when old men who are against regulation and the separation of church and state, are hell-bent over controlling women’s bodies.

    When I was in CR, I asked the father of the owner of an Air BNB which we rented (and who gave us a free ride back to the airport) if he was worried about living in a country with a nearly non-existent military? His answer was intriguing. He said, there are many more people starving in America then in Costa Rica. If Nicaragua or Mexico takes over tomorrow, our lives don’t really change. We have to learn a new national anthem, I suppose, but we still have our jobs and go to church on Sunday. And more importantly, we all still get to eat.

    It’s nice we took out an asshole terrorist last night. If a war between the US and Iran breaks out. I would question if it was really worth it. This wouldn’t be Saddam and the Royal Guard this time.

  60. D-FENS says:

    https://www.realclearpolitics.com/articles/2019/12/31/2019_census_estimates_foreshadow_house_seat_gains_losses_142052.html

    Using the current apportionment formula (known as the Method of Equal Proportions), we can estimate the following changes:

    Texas should gain three seats
    Florida should gain two
    North Carolina, Colorado, Arizona, Montana and Oregon should gain one each
    Alabama, California, Minnesota, Illinois, Michigan, Ohio, West Virginia, Pennsylvania, New York, and Rhode Island should each lose a seat.

  61. CostaRica Libturd says:

    Libturd,

    You are a bright individual in love with Costa Rica. I hope you understand the history of the area. The only reason present Costa Rica is what it is, is thanks to https://en.wikipedia.org/wiki/United_States_Southern_Command

    This guy, which was a hero to Chavez https://en.wikipedia.org/wiki/Simón_Bol%C3%ADvar created this https://en.wikipedia.org/wiki/Republic_of_New_Granada
    and this https://en.wikipedia.org/wiki/Gran_Colombia

    There is no way in hell that Costa Rica would survive without the USA’s might in the hood. So when you are traveling there appreciate your tax dollars at work.

  62. Costa Rica Libturd says:

    Grim please release, history lesson in progress for Costa Rica lovers

  63. The Great Pumpkin says:

    Lib,

    Imagine you were born into Costa Rica. Wonder if you would hold your same opinion.

    It’s like the people born in the south. They hate the northerners coming down south with all their money driving up the cost of everything. Northerns think it’s great because they just switched to a “cheap” location, ignoring the fact that they just drove up all the costs on the locals who don’t have as much money.

  64. The Great Pumpkin says:

    I’m sure people born and raised in Carolina can afford these 450,000 dollar homes.

    Nyc does the exact same thing to people born and raised in jersey. Pushes them out. That’s why people like 3b hate nj so much today.

  65. Libturd says:

    You guys are all on crack.

  66. 3b says:

    Pumps: STF you little douche!! Don’t bring me into your verbal diarrhea posts. No back to ignoring you.

  67. 3b says:

    Costa Rica has no military and has been a democratic and stable country for 0ver 70 years.

  68. The Great Pumpkin says:

    What I stated is true. I wouldn’t call it verbal diarrhea. Don’t underestimate the impact of retirees moving to these low cost areas. It’s not all peaches and cream for the locals being priced out of the market they were born into.

    Boomer locusts is so fitting for these boomer retirees. They come to an area en masse, destroy it, and then leave nothing but misery for that location when they move on.

  69. The Great Pumpkin says:

    You know what boggles my mind. The so called “urban poor” all have these toy dogs. Like wtf? How the hell can you afford to buy and take care of a Yorkie or Maltese, when you claim you don’t have enough money to survive.

  70. 3b says:

    Everything you say is verbal diarrhea.

  71. ExEssex says:

    This just in:

    Real estate sales in Manhattan have fallen eight out of the past nine quarters, according to a report from real estate brokerage firm Douglas Elliman and appraiser Miller Samuel.

    The average sales price fell 7.5% to $1.8 million in the fourth quarter of 2019 and the median sales price fell below $1 million. Total sales were down, discounts were up and there is now an eight-month supply of unsold apartments.

  72. ExEssex says:

    The real reason southerners don’t want newcomers is commonly called “Xenophobia”.

  73. The Great Pumpkin says:

    Not sure if any of you heard of this show Vanderpump Rules. Well, it’s based on millennials that worked at this restaurant in LA. Check this out, like clockwork. Millennials are not much different than other generations. Only difference, 30 is the new 20. Previous generations did in their 20’s what millennials do in their 30’s.

    Never felt so confident in my calls for the 2020’s. Now we are here, it’s nice to see it all coming together. Waited a very long time to see this.

    “Sandoval and Madix were the first cast members to purchase a new home in 2018, being followed by a number of their co-stars — including Taylor and Cartwright, Tom Schwartz and Katie Maloney, and Kristen Doute — all of whom moved to The Valley in the months that followed this first home purchase.”

  74. The Great Pumpkin says:

    No doubt.

    Just pointing out that when a bunch of people with money move to a cheap location where the local job market blows (why it’s so cheap). They just screwed over the local population that could only afford the cheap market based on their job. Now they are pushed out of the area by boomer retirees driving up the cost of housing. 400,000 might be cheap to a boomer up north, but a local in Carolina looks at that as expensive. Before the wave of boomers, the local job market supported 150k-250k homes. So they get priced out as they are not going to get paid much more. They would need to double their income. Not going to happen. Those prices are supported by boomer retirees. When that wave stops eventually, who will buy all these homes at their current pricing? Local job market doesn’t support it.

    ExEssex says:
    January 4, 2020 at 1:37 am
    The real reason southerners don’t want newcomers is commonly called “Xenophobia”.

  75. The Great Pumpkin says:

    Rocket fuel as millions of consumers see an increase in ability to consume.

    “”This is the greatest number of states and localities ever to raise their wage floors, both in January and for the year as a whole,” said Yannet Lathrop, policy analyst at NELP, in a blog post about the increases.

    The record number of pay hikes will benefit about 6.8 million workers, according to an analysis from the left-leaning Economic Policy Institute. EPI estimates the range of pay gains starting at $150 and as high as $1,700 for full-time, year-round workers, depending on the wage hikes in their regions.”

    https://apple.news/AgGdl6yV2SROZg0zsdmh3sg

  76. Libturd, the Master Beta says:

    Safe for Work. Not safe for your sanity.

    https://youtu.be/zRnbkrWlMD4

  77. ExEssex says:

    I still have a few friends who live in flyover country. They tell me bring a librul there is lonely. You arc a ‘baby killer’…apparently. They see their lifestyle of gun ownership under attack. The populous there is Christian and the rest of us are going to hell. It a clear delineation between believers and non-believers. One reason I left for the coast and never looked back. Like Billy Joel says, “The sinners are much more fun.”

  78. The Great Pumpkin says:

    Things politicians do for votes. I wonder if the people running this show actually believe what they are preaching or straight up con artists.

    Libturd, the Master Beta says:
    January 4, 2020 at 9:30 am
    Safe for Work. Not safe for your sanity.

    https://youtu.be/zRnbkrWlMD4

  79. The Great Pumpkin says:

    So true. My grass is still green and it’s January. Nj’s climate has def changed.

    https://www.axios.com/climate-change-northeast-atlantic-ocean-ba0aa068-b70d-40a5-aad8-3fa693617116.html

  80. 3b says:

    It’s amazing how Liberals who claim to love everyone always paint the south with a broad brush. There are lots of Liberals who are closest racists they brag about diversity just not in their town. Or it has to be the good kind of diversity. It’s ok for Consuela to clean their house and Jorge to mow the lawn but to live next to them is another story.

  81. Libturd, the Master Beta says:

    Not all of us do.

  82. ExEssex says:

    Probably someone you know:

    https://youtu.be/zVXLYPZimuc

  83. ExEssex says:

    11:06 I’m liberal and I don’t like anyone. (jews can be like that)
    The south is as backward as it ever was.
    The coasts are where most “thinkin” people end up.

  84. ExEssex says:

    11:06 the issue btw is not diversity. It’s the melting pot.
    People who come to America, don’t embrace the language or the ‘values’ and simply set up shop as if they are still in their own countries. That’s the issue.

  85. Chicago says:

    Isn’t that an album by The Who? Or is it an irrational fear of traveling to the American Dream Mall in the Meadowlands?

    ExEssex says:
    January 4, 2020 at 1:37 am
    The real reason southerners don’t want newcomers is commonly called “Xenophobia”.

  86. 3b says:

    Essex I don’t disagree that the south is still backwards in many respects but it is at least honest as opposed to the many self-righteous closet racist, anti Semitic , homophobe Liberals that are out there. As for the thinkers all being on the coasts, well it looks to me that the thinking ain’t working.

  87. Bystander says:

    Go to Sussex county or Warren counties and tell me difference between that and northern GA. Outside Philly suburbs is Pennsyltucky. Only difference with South is lack of progressive white-collar wealth to balance out Bible fearing sh#tkickers. They are majority..but plenty of them up north.

  88. The Great Pumpkin says:

    ‘I could live on my Social Security and still save money’: This 66-year-old left Chicago for ‘calming’ Costa Rica — where he now plans to live indefinitely

    https://on.mktw.net/36lyLH3

  89. The Great Pumpkin says:

    For Lib..

  90. ExEssex says:

    12:38 i don’t think their authenticity makes their ignorance any more comforting.
    There seems to be a tremendous pride that accompanies stupidity these days.

  91. 3b says:

    I prefer honesty than hypocrisy.

  92. ExEssex says:

    I lived most of my life around hillbillies. I’m very comfortable with that crowd.
    But there are limits.

  93. chicagofinance says:

    How long are your horns?

    ExEssex says:
    January 4, 2020 at 11:32 am
    11:06 I’m liberal and I don’t like anyone. (jews can be like that)
    The south is as backward as it ever was.
    The coasts are where most “thinkin” people end up.

  94. chicagofinance says:

    Antidote for weekend posts…
    https://www.youtube.com/watch?v=MjWC3rga-4E

  95. ExEssex says:

    Email
    If you follow the real estate pages, you have probably seen stories claiming that baby boomers are creating havoc in the housing markets — pushing up prices, staying in their homes too long and overtaxing rental markets. Some stories even predict that boomers will cause regional market crashes in coming decades.

    But are the actions of baby boomers really so problematic? And are the homeownership decisions of aging boomers key to understanding the future of home-price dynamics?

    According to Freddie Mac, more than 67 million U.S. homeowners are over the age of 55. Collectively, they own about two-thirds of all U.S. home equity. About 63% of these homeowners plan to age in place while the rest plan at least one more move. Among the movers, 71% say they plan to rent rather than buy their next homes.

    The stories identifying baby boomers as a key reason housing is unaffordable for younger buyers tend to make the same points. They argue that baby boomers have not been selling the way they used to, and that the average duration of staying in a home has risen from six years before the 2008 crisis, to nearly 10 years today. Moreover, if survey responses of older homeowners prove accurate, this trend will continue, limiting the supply of resale listings, and potentially pushing up home prices in markets with limited new construction and strong demand.

    Another repeated concern is that the boomers who do plan to sell their homes and rent thereafter could strain the availability of affordable rental housing. The size of the baby-boomer generation could create an influx of older renters that will make rental prices unaffordable for younger households.

    And then there are predictions of boomer bubbles — large price corrections in boomer enclaves once aging homeowners die or are unable to live independently. Younger households, we are told, prefer “happening” urban environs, so there is little chance they will be willing purchasers of aging boomer properties, meaning it is just a matter of time before home prices deflate in places like Phoenix, Las Vegas or the Villages in Florida.

    One thing these boomer-shaming stories fail to appreciate, however, is that housing supply adjusts to changes in demand. Although a lack of adequate supply is always a big concern, today the metro areas with the greatest job growth are also leading the way in entry-level construction. And when supply is scarce, areas previously not used for residential housing often are repurposed, as with L.A.’s Arts District or the massive rail-yard conversions that took place in Jersey City.

    And before you panic and abandon plans to buy a retirement home in Sun City or Delray Beach, consider a different perspective about the predictions of massive deflation in such communities. Numerous academic studies have found that differences in house prices across cities are more closely related to variability in employment rates, to growth in real incomes and to construction costs than to demographic shifts. If regions are economically viable, with productive commerce and job opportunities, chances are good that the young will come, and housing markets will be sustained.

  96. 3b says:

    If young people are getting married later and having children later, and having less children than there is less demand for single family homes.

  97. The Great Pumpkin says:

    In an interview with NPR on Sunday, retired Gen. David Petraeus, the architect of the U.S. surge in Iraq, said, “It is impossible to overstate the importance” of the U.S. killing Soleimani. He added that the major question now is how Iran will retaliate — likely, he said, through the country’s proxy forces.
    “Iran is not in the strongest of positions, given the sanctions, dismal economy and widespread Iranian popular unrest,” Petraeus said. “I tend to think it is more likely that we will see a variety of proxy attacks,” he said. “And Iran has a lot of proxies throughout the region, thanks to the efforts of Qassem Soleimani.”
    Petraeus added: “There’s no question that the tensions have been dramatically increased as a result of this action. … This is clearly heading in a very bad direction. Make no mistake about it: There will be losses on all sides if this escalates further.”

  98. The Great Pumpkin says:

    Essex,

    Funny that article comes out after we were discussing that here. I didn’t read that anywhere either, I came to that conclusion that the boomers were creating bubbles with their retirement migrations based on economic common sense.

    I have to agree with the author of that article. I didn’t think of it this way, but he is absolutely correct. Think he is dead on that the price won’t drop, but in real terms, it will lose value to inflation as the prices run side ways.

    “The predicted “inevitable crash” in retirement-community prices focuses on demographic shifts that will play out over the next 20 years. That’s a long time when compound interest is at work. If the Federal Reserve hits its 2% inflation target, the price level will increase by almost 50% over the next 20 years. If retirement-community sales prices hold firm — not falling a dime in the next 20 years — prices still will have fallen 50% in real terms, creating plenty of room to attract younger generations to retirement communities without any drop in current home prices.”

  99. The Great Pumpkin says:

    End of the article. This is exactly like jersey in the early part of this century. People like 3b wrote if off, just as they would have wrote off Seattle back in 1971.

    “And then there’s this. In 1971, the economy of Seattle was suffering. Boeing had cut more than 60,000 jobs and the outlook for Seattle’s future was reflected in the words of a famous billboard from the time: “Will the last person leaving Seattle turn out the lights.” Today the city has some of the most expensive real estate in the nation.”

  100. The Great Pumpkin says:

    “lol the worst part is, Michael saw Obama literally win reelection even after toppling Libya and escalating the Syrian war and causing a mass migration of people to Europe.”

    “Yeah no… Obama’s time in office was foreign policy disaster after foreign policy disaster, he was one of the worst presidents of all time, and has zero political legacy. Led the slowest economic recovery in history, and destabilized all of Europe.”

  101. Fabius Maximus says:

    Are we great yet Gary?

    I ended up here after I went for nj.com and my browser history dumped me back in here.
    I would have stayed out but a read a few comments and a few things I need to respond to.

    Stu And Gator. Sorry you are in the OAL mixer. Been there, lost, got it to appeal ( an even higher hurdle) and fought them to a draw for a settlement.

    Two pieces of advice, that all come down to, “What are you fighting for?”
    1) if its money, make sure you have every i dotted and t crossed. If there is a sniff of a mistake on your part, you will lose. Check out the last BofEd Montclair won. A parent screwed by the 10 day rule. Missed dates don’t matter on the CST side.
    2) More important. I don’t know what your case is, but what I got from here, you are trying to get him “In District”. I really hope this is not the case. If it is please realize that the people your are fighting against are the ones that you will need to provide services for your kid. They are not going to give a crap about your kid if they lose. At this point, your only focus should be fighting for the placement you need.
    Remember the Golden Rule, “You don’t want the “best” placement, you want the “most appropriate”. Gator has my email if you want to discuss offline.

  102. Fabius Maximus says:

    Now where to go next?>

    “I love Jordan Peterson. Logic and common sense are counter to the liberal cause. Of his 12 rules for life, this is the one liberals hate the most: “Set your house in perfect order before you criticize the world.” They hate it because it takes individual sacrifice and effort, the antithesis of their ideology.”

    Haven’t had to do a take down like this since someone was worshiping Dinesh DioSouza in here.

    So Jordan is a Clinical psychologist, and that meanshe is qualified to write scripts for his patients. Jordan checked himself into Rehab for addiction for meds he proscribes his patients. Maybe we have to wait for himself to put his house in perfect order!

    So I will leave this at “Physician, heal thyself!”

  103. Fabius Maximus says:

    “Obama did much worse things than trump by executive fiat but you agreed with his slant so it didnt rankle you. No I didn’t. I thought Obama was a pretty mediocre leader who wasted his mandate for the much part. I sh1t on his porkulous as much as you would have. And if you are talking Executive Fiat over the ACA mandate? Well, how much is it costing you now? My BCBS doesn’t even cover mental health and my rates have skyrocketed. I bet you also think you should be able to drive without auto insurance too. And speaking of executive fiat? A day doesn’t go by where Trump doesn’t break every rule (and practice) as well. From the wall, to his income taxes, to his ignoring subpeonas. Trump works harder to be non-transparent than he does to lead. And his disciples? PASS! PASS! PASS!”

    First off, lay the blame for “Executive Fiat “That goes straight to GWB’s door. Obama Care was an awesome legislative accomplishment. It passed pass cloture will 40 (Rs) plus Joe Lieberman.

  104. Fabius Maximus says:

    “This is the most educated, skilled, workforce in the world”

    Now that’s a chuckle! If it was, I wouldn’t be in this country.

    Here is what I see. My company is focusing on training people into jobs because the SKILL SET IS NOT IN THE MARKET PLACE”. We are recruiting out of the FANGS for the knowledge base and growing the talent internally.

  105. Fabius Maximus says:

    “This is the most educated, skilled, workforce in the world”

    Now that’s a chuckle! If it was, I wouldn’t be in this country.

    Here is what I see. My company is focusing on training people into jobs because the SKILL SET IS NOT IN THE MARKET PLACE”. We are recruiting out of the FANGS for the knowledge base and growing the talent internally.

  106. Fabius Maximus says:

    “Vote for Bernie or Liz, I’m sure they’ll have a sound plan in place to reduce the debt inflicted by Oblama.”

    “Trump promised to eliminate the federal debt within eight years. The deficit is up nearly 50 percent in the Trump era. Since taking office, Trump has endorsed big spending increases and steered most Republicans to abandon the deficit obsession they held during the Obama administration.
    The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, the Treasury Department announced Friday, as the United States’ fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth. The deficit grew $205 billion, or 26 percent, in the past year.

    The country’s worsening fiscal picture runs in sharp contrast to President Trump’s campaign promise to eliminate the federal debt within eight years. The deficit is up nearly 50 percent in the Trump era. Since taking office, Trump has endorsed big spending increases and steered most Republicans to abandon the deficit obsession they held during the Obama administration.

  107. Fabius Maximus says:

    Give me one example, besides SALT, to show how trump has made your life worst off.

    These days I just leave it to others. If you cant see it for yourself what’s the point?

    https://www.theatlantic.com/magazine/archive/2019/11/military-officers-trump/598360/

  108. Fabius Maximus says:

    Peace Out!

  109. ExEssex says:

    12:41 Trump is stupid and annoying. He’s emboldened hate groups, coddled tyrants, and played golf on the taxpayers dime. He’s further divided the country, killed huge swathes of American agri-business and annoyed the crap out of anyone paying attention.

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