Category Archives: Employment

Sorry Jersey, not for you.

From Fortune: Long Island City Real Estate Booms After Amazon Announces New York Office, Report Says Though Amazon said it won’t begin hiring for its newly announced office in Queens, N.Y. until 2019, condo sales in the neighborhood are already … Continue reading

Posted in Economics, Employment, NYC | 32 Comments

How can the housing market be slowing?

From the NYT: Why the Housing Market Is Slumping Despite a Booming Economy These should be happy times for the housing sector. The economy is booming, with more people working at higher pay, and with the sizable millennial generation reaching … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 29 Comments

Monopoly for Millennials is making them mad

Given the weather and hellacious afternoon commute in store for us, I thought I’d post something entertaining. From Fortune: Millennials Tell Hasbro Just How Insulting ‘Monopoly for Millennials’ Really Is Hasbro has released a new game, “Monopoly for Millennials,” and … Continue reading

Posted in Demographics, Economics, Employment, Humor | 154 Comments

A better outcome for NNJ?

Is this actually the best result for NJ? Discuss. From the WSJ: New York City and Northern Virginia will be the homes for Amazon.com Inc.’s second and third headquarters, according to people familiar with the matter, ending a more than … Continue reading

Posted in Economics, Employment, North Jersey Real Estate, NYC | 161 Comments

Murphy, you want an innovation economy? Fix these.

From the APP: 3 reasons NJ lost out on Amazon HQ: Bhatti Here are the top three reasons New Jersey lost: 1. Too expensive for Amazon: Seven billion dollars of tax incentives wasn’t enough. New Jersey made national news when … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 129 Comments

A Manufacturing Comeback?

From NJBiz: CBRE: 2018 strong year for NJ manufacturing real estate Boosted by the sale of a Jersey City manufacturing property, the real estate services and investment firm CBRE is forecasting 2018 to be one of the strongest years for … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 79 Comments

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

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

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

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”

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?

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

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?

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?

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

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