Category Archives: Employment

Can NJ buy it’s way into a startup economy?

Posted on October 8, 2018 by grim

From the Star Ledger: Murphy’s risky plan to spark Jersey’s sagging economy Is New Jersey’s government smart enough to invest $250 million in venture capital projects, and come out a winner? Should a government that is not competent to run … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 127 Comments

The middle class was an anomaly

Posted on September 28, 2018 by grim

Great read from Ritholtz at Bloomberg: Why America Has a Two-Track Economy Which of these two scenarios describes the U.S. economy? No. 1. The economy is better than ever: The stock market is near a record high, wages are rising, … Continue reading →

Posted in Economics, Employment, Housing Recovery, National Real Estate | 125 Comments

Everything is holding housing back

Posted on September 17, 2018 by grim

From MarketWatch: This is why Americans are losing confidence in the housing market Today, less people are buying houses. According to Fannie Mae, a mere 24% of Americans feel like now is a good time to buy a house. Looking … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, Mortgages, National Real Estate | 37 Comments

More like “Land of the Lost”

Posted on September 5, 2018 by grim

From ROI-NJ: Murphy tells ROI: ‘We’re the land that time forgot here in terms of the development of this economy’ Following in the footsteps of the president under whom he served, Gov. Phil Murphy is trying to bring an innovation … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 72 Comments

Plenty of room to run?

Posted on August 24, 2018 by grim

From CNBC: The housing recovery isn’t over, it just feels like it is A slew of negative housing numbers for July are piling up on top of a slew of negative housing numbers from the last several months. Sales of … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, National Real Estate | 50 Comments

Good month for jobs in NJ

Posted on August 22, 2018 by grim

From the APP: NJ job market surges in July; here are 3 places hiring It’s a good time to go job hunting in the Garden State. The New Jersey economy added thousands of jobs in July, and the state’s unemployment … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 112 Comments

Will the pause continue?

Posted on August 8, 2018 by grim

Great piece from Citylab this morning: This Housing Price Spike Is Different Housing prices are cooking. Across the nation, the price of homes is rising faster than the rate of inflation—in some places by a factor of three. That’s true … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery | 129 Comments

Is Newark sure it wants Amazon?

Posted on August 7, 2018 by grim

From Vice (first time ever?): Cities Are for Rich People Now and Wooing Amazon Only Makes It Worse If there are two facts of life in the modern American city, they are that rent will be too damn high, and … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 70 Comments

Expensive to buy, expensive to rent

Posted on August 6, 2018 by grim

From the Star Ledger: Who the heck can afford N.J.? Search up-to-date prices in every N.J. town for renting, buying If you or anyone you know has been in the New Jersey real estate market, you feel the pain. On … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 119 Comments

Can we afford to fight national politics on a local level?

Posted on July 23, 2018 by grim

Norcross this morning in the Star Ledger: N.J. Congressman: Murphy wants $15 min. wage by year-end. Let’s do it The best social program is a good job with fair wages and the dignity that comes with it. Last week, Governor … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 202 Comments

Here comes the bubble? Or still too early?

Posted on July 15, 2018 by grim

From CNBC: The housing shortage may be turning, warning of a price bubble The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 27 Comments

Rents pushing new highs nationally

Posted on July 10, 2018 by grim

From HousingWire: Rent just jumped to an all-time high We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 92 Comments

All eyes on jobs today

Posted on July 6, 2018 by grim

From CNBC: Hiring seen strong in June with plenty of jobs for grads Employers may be having a hard time finding workers, but recent graduates and students may be helping fill the ranks this summer and that trend could have … Continue reading →

Posted in Demographics, Economics, Employment | 134 Comments

New Jersey has a serious problem

Posted on July 4, 2018 by grim

From the Star Ledger: Why paychecks in N.J. aren’t growing as fast as the rest of the U.S. New Jersey hit near rock bottom in wage growth last year as compared to the rest of the country, according to new … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 43 Comments

About time…

Posted on June 21, 2018 by grim

From CNBC: Millennials moving out of Mom and Dad’s place, study shows If you have an adult child living at home, you could become an empty nester sooner than you thought. The number of 18- to 34-year-olds living with parents … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 136 Comments