Not so easy to be a renter

From the APP:

Demand for rentals pushing up cost, squeezing N.J. residents

In the years since the Great Recession tumbled housing prices and eviscerated personal incomes, a growing number of Americans have given up their homes and turned to renting.

But as rent increases have outpaced income growth in the U.S., according to a recent Harvard University study, millions of Americans are feeling the financial squeeze.

The pressure is even more pronounced around the Jersey Shore, where a Superstorm Sandy-damaged housing market forced many flooded homeowners to rent inland apartments. The surge in competition for rental properties has driven up prices and left many middle- and lower-income families struggling to afford housing.

In 2013, 43 million Americans rented their homes, according to Harvard University’s Joint Center for Housing Studies. Rentals increased from 31 percent of the nation’s housing stock in 2004 to 35 percent in 2012, researchers found.

As demand rose, the number of rental homes on the market increased by 3.4 million between 2007 and 2011. Most of those — 3 million — were the result of single-family, owner-occupied houses being converted to rentals, according to the Joint Center for Housing Studies. At the same time, vacancy rates for rentals dropped from 10.6 percent in 2009 to 8.5 percent in 2013, and net operating income rose between 2010 and 2013, researchers found.

While landlords benefited, renters paid the price.

In 1960, less than 25 percent of renters spent 30 percent or more of their income on rent. But in 2010, 50 percent of renters in the United States paid more than 30 percent of their income in rent, the Joint Center for Housing Studies found. Of those, 27 percent spent 50 percent of their pay on housing, researchers found.

In 2013, an estimated 67 percent of renters living in Ocean County and 64 percent living in Monmouth County could not afford to rent an average two-bedroom apartment, according to the Housing and Community Development Network of New Jersey. Average costs for two-bedroom apartments in both counties were about $1,410 per month, meaning a family would have to earn $56,400 to make the apartment affordable, according to the network’s figures.

“We’ve had a problem for a long time. After Sandy, the problem just got a lot worse,” said Nina Arce, media coordinator for the Housing and Community Development Network of New Jersey. “We have a very imbalanced housing market. You can find a McMansion no problem, but not many of us can afford those.”

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

94 Responses to Not so easy to be a renter

  1. grim says:

    Talk about screwy weather, 54 outside right now (and it feels warmer than that) … predicted to be 4 this evening/early morning.

  2. anon (the good one) says:

    congrats. it is a fact that many of you manage to come across as fifth grader very well!

    Comrade Nom Deplume, a.k.a Captain Justice says:
    January 4, 2014 at 7:27 pm
    [7] Joyce,

    “Gary once told me that he didn’t take this place too seriously and tried to post at a fifth grade level. “

  3. anon (the good one) says:

    @BillMoyersHQ: RT @sahilkapur: Global warming isn’t real because it’s cold out. Relatedly, the sun isn’t real because it’s dark out.

    grim says:
    January 6, 2014 at 7:51 am
    Talk about screwy weather, 54 outside right now (and it feels warmer than that) … predicted to be 4 this evening/early morning.

  4. grim says:

    Stu – EV range abysmal in the cold – currently down to 38mi – and this is with it stored in a relatively warm garage.

  5. Comrade Nom Deplume, a.k.a Captain Justice says:

    [2] anon,

    I only do that so you can keep up.

  6. Comrade Nom Deplume, a.k.a Captain Justice says:

    I’m not sure that I agree with the assessment on oil prices, but this is an interesting geopolitical and economic analysis (As summarized here).

    http://www.cnbc.com/id/101310959

    One thing that struck me was the assessment of US foreign-policy. This assessment makes it appear as if this administration is a gaggle of amateurs when it comes to foreign-policy, however I wonder if this isn’t by design. This administration has made no secret of its desire to lower America’s profile in the world. The “change” that this administration seeks is better achieved if our priorities, economy and systems of governance, could be harmonized with those of other countries. Also, the focus on what I would call “new isolationism” serves the goal of protectionism; It increases the likelihood of trade barriers going up around the world and affects the ability of our multinationals to compete–Basically, if you cannot direct your own trade barriers or rein in your own multinationals, get other countries to do it for you.

    The media narrative seems to be however that this administration isn’t really up to dealing with other nations, particularly China and Russia. Curiously, in five years, I have not seen any pushback from the administration to suggest that this narrative isn’t correct. As image conscious as this administration seems to be, to the point where the narrative is controlled down to the minutest detail, that strikes me as odd.

  7. Anon E. Moose says:

    Testing…

  8. Anon E. Moose says:

    OK, on the “Blue Ribbony” front, check your local papers for happenings at Wood Ridge HS.

  9. grim says:

    I don’t understand why this was so lenient – wouldn’t the appropriate charge here be aggravated sexual assault based on the teacher being in an authority position?

  10. Comrade Nom Deplume, a.k.a Captain Justice says:

    [9] grim,

    If there was ever an argument to be made about disparate sentencing, this is one of those areas of law where it is in stark relief. And it is far from the most egregious example.

  11. Anon E. Moose says:

    Grim [9];

    She was 25 when it happened… according to Obamacare still a child. I’m surprised they didn’t handle the matter in Juve court… [TIC].

  12. Fifth Grader says:

    The financial crisis and housing bust came with kids moving back in with their parents and parent moving back in with their kids. In many cases, kids just never moved out.
    UBS’s top economist Maury Harris has argued for a while that the rise in shared households represented pent-up demand, which could eventually acted as a bullish force in the housing market.
    “Households’ further venting of delayed, pent-up demand has been a key theme underlying our 50 basis points above-consensus forecast of 3% calendar average 2014 real GDP growth,” wrote Harris in a research note to clients. “In 2013 a lower personal saving rate, renewed household borrowing, accelerating consumer durable goods spending growth and improved home sales were consistent with pent-up demand venting.”

  13. Goddam union prolly bargained a lenient sentence for that perv.

  14. Big career in parochial schools awaits the perv when the sentence ends.

  15. grim says:

    14 – she was already there – IHA

  16. joyce says:

    JPMorgan Chase Nears a $2 Billion Deal with Justice Department in a Case Tied to Madoff

    what a “deal” indeed, for them

  17. Comrade Nom Deplume says:

    Sorry UK. To paraphrase Roy Scheider, “looks like you’re gonna need a bigger urn.”

    http://sports.yahoo.com/news/english-fans-mourn-cricket-team-194038424–spt.html

  18. Comrade Nom Deplume says:

    As shore used to say, back to the salt mines.

  19. JJ says:

    The American Taxpayer Relief Act of 2012 was not kind to wealthier taxpayers, and they will find out the extent of the damage when they file their 2013 returns.

    In addition to paying a top ordinary tax rate of 39.6 percent if, as a single filer, your taxable income is more than $400,000 ($450,000 for married couples filing jointly), you could face added taxes. The most dreaded is the new net investment income tax of 3.8 percent, also known as the Medicare surtax because the money goes toward that health coverage program for older Americans. The tax applies to either your modified adjusted gross income or net investment income, whichever is lower, if you earn more than $200,000 as a single taxpayer or $250,000 as a married joint return filer. The net investment income tax will not only take a bite out of taxpayers’ bank accounts, but also cause headaches for high-income earners and their tax professionals working through the tax regulations. Topping it off, single taxpayers who make more than $250,000 and jointly filing couples making more than $300,000 will see their personal exemptions and itemized deduction total reduced.

  20. cobbler says:

    nom [6]
    While I’d love to see meaningful trade protections implemented on these shores, Mr. Bremer’s article doesn’t seem to me to be pointing in this direction. Those standing for the domestic manufacturing – on both sides of the isle – are totally marginalized in the Congress, and not heard by the Administration at all.

  21. The Original NJ ExPat says:

    When I was 21-23 years old I was a school bus driver for a private bus company contracting to several North Jersey school districts. HS students on my bus invited me to several HS parties where…well you get the picture. It was the early 80’s, what can I say?

  22. We don’t manufacture in the US anymore. We sell each other foie gras, $10 glasses of craft beer and overpriced whiskey.

  23. grim says:

    Little known fact – the Simpson’s character, Otto Mann, was modeled after ExPat.

    http://simpsons.wikia.com/wiki/Otto_Mann

  24. I guess it beats selling phony mortgages and houses built with toxic drywall.

  25. That makes plume Itchy and gluteus Scratchy.

  26. grim says:

    22 – Beats Japan’s economy, which is now entirely dependent on middle aged men dressing as young sailor girls.

  27. Libturd in the City says:

    Grim (4):

    “Stu – EV range abysmal in the cold – currently down to 38mi – and this is with it stored in a relatively warm garage.”

    Yup! I’ve been reading about that. The LEAF has battery warmers which helps tremendously. Still, I doubt I will even need to go 38 miles on the average winter day. Though, it is a bit bothersome to say the least. If it’s a game changer for you, I heard that Honda will let you transfer the lease to someone in a warmer climate.

  28. cobbler says:

    How much of the mileage reduction is due to the lower battery capacity, and how much to power being spent warming the cabin? Propane heater?

  29. Ragnar says:

    Spine, (22)
    The US manufactures more government subsidized and guaranteed credit than any other country on earth. This in turn helps to fund bank bonuses, government salaries, and government programs full of “free stuff”.

    Remember the beany baby collecting bubble of the 1990s, right before the internet bubble blew? People who were collecting and selling them thought they were rich for a while. Secondary businesses grew to facilitate the trade. The US government has spurred a similar t-bond collecting craze.

    Eventually the reckoning will come, and government will make sure that the guilty will be spared, and the innocent bear the brunt.

  30. Ragnar says:

    cobbler,
    Do you recognize the irony in suggesting the use of a propane heater to make an EV more functional?

  31. cobbler says:

    clot [22]
    Actually, we do [manufacture]. It sort of s*cks to pay an import duty on our raw materials when the foreign competitors’ distributors don’t pay one on the finished product…

  32. cobbler says:

    rags[30]
    Unlike internal combustion engine whose efficiency (share of the heat of combustion going to power the wheels) is in the 30% range – which is the only thing making the EV have any sense, heating by burning things, e.g. propane, is 100% efficient. You want to use electricity for heating only if you have it free or in excess of your needs.

  33. Essex says:

    Got shiny?

  34. The Original NJ ExPat says:

    LOL – “Use an electric blanket, heat tape or a heating pad to keep the battery warm overnight.”

    http://www.evworld.com/news.cfm?newsid=31737

  35. grim says:

    How much of the mileage reduction is due to the lower battery capacity, and how much to power being spent warming the cabin?

    I can pre-heat (and pre-cool) the car using the power from the charger – just pick up the keys and press the climate control button on the key fob about 10-15 minutes before I go.

    Appears to be primarily the impact of cold temperatures on the battery pack. One other thing, regenerative braking seems to be reduced at cold temperatures as well, so that impacts range as well.

    No EV’s are immune – pretty much every one is taking somewhere around a 40-60% range hit in cold weather.

  36. Anyone got a used flamethrower they want to offload?

  37. The Original NJ ExPat says:

    Maybe some lit cans of Sterno in the cup holders to boost cabin heat?

  38. grim says:

    heating by burning things, e.g. propane, is 100% efficient. You want to use electricity for heating only if you have it free or in excess of your needs.

    Sure, assuming good combustion maybe 100%, but realize you need to convert the heat of the flame into something more usable in a residence or otherwise. So you lose efficiency heating water, or air, and worse, some 10-15% of that 100% goes up the chimney with the exhaust. Unless, of course, you are talking about fancy condensing boilers, but even then you aren’t near 100%, and you are far from simple “burning”.

  39. grim says:

    Electric heat pumps have an efficiency that is typically better than a propane boiler, and given the equivalent cost of propane is higher than electricity, burning stuff isn’t always a great idea. Besides, the power company burns stuff, and they do it pretty well, so why not let them handle it? If you live in NJ, natural gas is by far the cheapest alternative. Frack baby frack.

  40. grim says:

    34 – I typically find a 5-10% boost in mileage if I spend the night snuggling with the car to keep it warm..

  41. Street Justice says:

    That’s thanks to your natural gas emissions.

    40.grim says:
    January 6, 2014 at 3:26 pm
    34 – I typically find a 5-10% boost in mileage if I spend the night snuggling with the car to keep it warm..

  42. Street Justice says:

    Heck, between that and JJ’s nocturnal emissions, we could solve the energy crisis.

  43. chicagofinance says:

    Does that make you Moe the Bartender or Apu from the Kwikie Mart?

    Spine Snapper says:
    January 6, 2014 at 1:58 pm
    That makes plume Itchy and gluteus Scratchy.

  44. I resemble that remark.

  45. chicagofinance says:

    The End Is Nigh (JJ Superbowl Edition):

    The New Jersey Attorney’s General Office has trained 2,700 people to recognize the signs ahead of the Meadowlands game Feb. 2. Former madam Anna Gristina tells the Daily News that the sporting event is always a busy time for the world’s oldest profession.

    New Jersey officials are bracing for a surge in sex trafficking when the Super Bowl comes to The Meadowlands on Feb. 2.

    New Jersey’s attorney general has gone all out training law enforcement, first responders, hospitality personnel and others to recognize the signs of sex-trafficking, a spokeswoman said Monday.

    Approximately 2,700 people have gotten the training, according to the A.G.’s office — and 1,400 of them are law enforcement agents.

    Anna Gristina, seen in Manhattan Supreme Court, says that for some reason married men who would not normally feel OK cheating, go for it during the Super Bowl.

    Others include truck drivers and the managers of truck-driving rest stops along the Garden State’s many merging highways, the A.G. office said.

    Officials believe they’re in a prime position to spot victims being transported to New Jersey to work in the sex industry.

    Prostitution has always been a big part of the Super Bowl hype in other cities, but sex trafficking — which involves forced prostitution of a victim held against his or her will — is also believed by some to increase around the country’s most famous annual sporting event.

    The attorney general is particularly concerned about women being transported to New Jersey and held against their will in the sex industry.

    Former madam Anna Gristina told the Daily News that the Super Bowl was always the busiest time of the year for the world’s oldest profession.

    “Men have a little more freedom. Married people who normally don’t use the services feel it’s okay to cheat once a year with your friends. It’s not cool the rest of the year,” she said. “It’s really weird. I don’t know why that is.”

    For some men, paying for sex is part of the Super Bowl hype — and former madam Anna Gristina says prices are adjusted accordingly.

    She said independent prostitutes often travel to the site of the game — and overall, prices are sky-high for Super Bowl weekend.

    “It’s like the hotels – the normal prices would double or triple,” she said. “It’s quite a wild time.”

    As many as 400,000 fans are expected to descend on the Meadowlands for the Super Bowl. It’s difficult to find reliable stats on how the influx has impacted the local sex trade in host cities of the past.

    U.S. Sen. John McCain’s wife Cindy McCain has been speaking out about the illicit trade, according to the Associated Press.

    Arizona, where the couple lives, will host the 2015 Super Bowl and Cindy McCain has said that sporting event is “the largest human-trafficking venue on the planet,” according to AP.

    With News Wire Services

  46. The Original NJ ExPat says:

    That’s like 4 hookers for every ticket-holder.

    As many as 400,000 fans are expected to descend on the Meadowlands for the Super Bowl. It’s difficult to find reliable stats on how the influx has impacted the local sex trade in host cities of the past.

  47. cobbler says:

    grim [38]
    Ventless natural gas heaters have close to 100% efficiency – though they are output-limited. Certainly, ground-source heat pumps are very efficient, but you need to invest a lot. Air-source heat pump in cold weather is only as good as an electric heater.

  48. joyce says:

    46
    Was there a Federal grant associated with this?

  49. Juice Box says:

    re: # 46 – Who writes this claptrap? “as many as 400,000 fans are expected to descend on the Meadowlands for the Super Bowl.”

    NFL Superbowl Boulevard will be in Times Square and everything in the Meadowlands will be locked down tighter than a nuns habit. Training NJ Law enforcement to do anything other than stop and frisk is a waste of time.

    Most of the the concerts are being held in NY.

    http://www.nytimes.com/2013/12/23/business/media/super-bowl-concerts-will-spill-well-past-the-meadowlands.html?_r=0

  50. Juice Box says:

    Here is a list of NJ based Superbowl events. Let’s all go tailgate in Newark!!!

    http://www.nj.com/entertainment/index.ssf/2014/01/super_bowl_2014_fan_guide_parties_in_new_jersey.html

  51. Juice Box says:

    If you are crazy enough to pick up a street walker at the Vince Lombardi rest stop you deserve a trophy to go along with the rest of the stuff you will catch.

  52. grim says:

    I’d have loved to sit in on the hooker awareness training course.

    Section 1 – Chapter 1 – Pimps and Hos

  53. I hope the Super Bowl makes the SF-Packers game yesterday look like a day in paradise.

  54. grim (54)-

    Rest assured people like Menendez, Booker, Sweeney and Buono helped pony up the money for the ho identification training.

    Prolly most of it got sucked up by a whole slew of corrupt entitlement class dirtbags.

  55. Super Bowl is no fun without ho’s, whiskey and blow.

  56. …and all this time, I thought you were supposed to beat the crap out of your spouse on super Sunday.

  57. grim says:

    Can’t wait for NJ to get hit with numerous civil rights lawsuits claiming that individuals were harassed and profiled due to said (documented) training. Maybe something like a $50m class action?

  58. JJ says:

    I am going for the rub and a super tug.

  59. The real sports event this winter will be the Saudis turning their henchmen loose on Sochi.

    Get ready for a replay of Munich in 1976. The house of Saud is going to make Russia pay for continuing to back Syria.

  60. Essex says:

    I honestly can’t seem to muster a f*ck about American football. Nope. Nuthin.

  61. JJ says:

    Some folks like watching balls across their nose better than a ball on a football field.

    Essex says:
    January 6, 2014 at 5:31 pm

    I honestly can’t seem to muster a f*ck about American football. Nope. Nuthin.

  62. Essex says:

    JJ….you are getting very close to being annoying. Bro.

  63. Essex says:

    In fact I let the fact that you are a proud cum guzzling banker stop me from hating you but that could very, very easily change.

  64. JJ says:

    I was hoping to be at least a spitter not a swallower

    Essex says:
    January 6, 2014 at 5:47 pm

    In fact I let the fact that you are a proud cum guzzling banker stop me from hating you but that could very, very easily change.

  65. Hughesrep says:

    38

    Some fire tube style boilers are about 97% AFUE for NG. Combine that with a 5 to 1 turn down ratio and you are good to go.

    They are pricey vs cheap cast iron though. Most plumbers are also clueless about installing and setting up high efficiency products correctly.

  66. FRTR says:

    Believe it or not there are still a few U.S. based privatley owned manufacturing companies (almost all inhouse from nuts and bolts up to software) staffed by full-time well paid (non-union) skilled, American employees. A rarity yes, but there are still some…doing well.

    *Note – NOTHING to do with making war machines, Govy. stuff or alcohol.

    I work there.

    Small, growing and EXPORTING around the world.

    Hope it’s not sold anytime soon.

  67. I’d love to keep up with this thread, but I have to tie up the Russian girl I just bought for Super Bowl weekend.

  68. FRTR (69)-

    You should worry about Bojangles and his crew. Companies like yours aren’t “fair”.

  69. Ragnar says:

    FRTR is right, there are quite a lot of strong manufacturing and engineering companies in the US. Many equipment and capital goods cos.

  70. The Original NJ ExPat says:

    My company actually manufactures tangible goods, titanium and ceramic custom dental abutments (the skeleton of a dental implant). Lots of Cad/Cam and machining of little tiny parts, about 1000 units/day, high margin, and 15% annual growth for the last 7 years.

  71. Street Justice says:

    My company just makes tons of money. Thank you Ben Bernanke.

  72. chicagofinance says:

    Fracking is dropping the price of U.S. oil & gas….it makes U.S. manufacturing more competitive as input costs drop, as well as the alternatives of shipping export/import et al……also the increase of non-U.S. labor costs……everything works in cycles…..

  73. Street Justice says:

    Sh1t, we print money and guns in the US and frak for oil.

    What’s that you say? The oil well’s run dry? We’ll just squeeze it out of fkuking rocks.

    We kick ass in manufacturing.

  74. chicagofinance says:

    Spitzer practicing for the Super Bowl….

    Sleazy Eliot Spitzer turned a resort hot tub into a steamy love cauldron over the weekend — kissing and sucking the toes of his topless mistress, Lis Smith, in front of families with children, mortified witnesseses said.

    The still-married former Love Gov and Smith, Mayor de Blasio’s ex-mouthpiece, were spied frolicking near the family pool at around 4 p.m. Sunday at the Half Moon family resort in Montego Bay, Jamaica.

    “It was gross,” said a hotel witness, who was vacationing with her family. “She had her top off.”

    The disgraced Spitzer — infamous for wearing his signature black knee socks while having sex with hookers — appears to have a bit of a foot fetish as well, according to onlookers.

    “He was licking her toes,” the witness said. “She would sit in his lap. Then he’d put her feet in his mouth. He licked her toes and was playing with her feet.”

    He also cuddled and whispered sweet nothings into the ear of Smith — a political flack who lost her chance at being a top spokesperson for de Blasio in part because of her relationship with the raunchy Spitzer.

    The couple’s public display became a spectacle at the resort, which was frequented by John and Jackie Kennedy during his presidency.

    A 10-year-old boy who saw Smith topless in the pool ran back to his parents and shouted, “Mom there’s an old guy in the Jacuzzi with this girl and she’s topless and she’s got her legs wrapped around him,” sources said.

    The boy’s cries — “He’s sucking on her toes!” alerted other guests, who walked over to catch an eyeful.

    Spitzer and Smith checked out of the hotel on Sunday night after a five-day trip that started on New Year’s Day.

    One passenger on their flight back to New York was disgusted to see the duo.
    “Guess who is on our plane? Eliot Spitzer . . . ” Linda Geraghty, @geraghtyvl, tweeted on Sunday night.

    “He’s with female companionship,” she later wrote.
    Lisa Linden, a spokesperson for Spitzer, denied the account. “These assertions are totally untrue,” she said.

    Spitzer and his long-suffering wife, Silda Wall, announced the day before Christmas that they are getting a divorce.

  75. chicagofinance says:

    Spitzer practicing for the Super Bowl….

    Sleazy Eliot Spitzer turned a resort hot tub into a steamy love cauldron over the weekend — kissing and sucking the toes of his topless mistress, Lis Smith, in front of families with children, mortified witnesseses said.

    The still-married former Love Gov and Smith, Mayor de Blasio’s ex-mouthpiece, were spied frolicking near the family pool at around 4 p.m. Sunday at the Half Moon family resort in Montego Bay, Jamaica.

    “It was gross,” said a hotel witness, who was vacationing with her family. “She had her top off.”

    The disgraced Spitzer — infamous for wearing his signature black knee socks while having sex with hookers — appears to have a bit of a foot fetish as well, according to onlookers.

    “He was licking her toes,” the witness said. “She would sit in his lap. Then he’d put her feet in his mouth. He licked her toes and was playing with her feet.”

    He also cuddled and whispered sweet nothings into the ear of Smith — a political flack who lost her chance at being a top spokesperson for de Blasio in part because of her relationship with the raunchy Spitzer.

    The couple’s public display became a spectacle at the resort, which was frequented by John and Jackie Kennedy during his presidency.

    A 10-year-old boy who saw Smith topless in the pool ran back to his parents and shouted, “Mom there’s an old guy in the Jacuzzi with this girl and she’s topless and she’s got her legs wrapped around him,” sources said.

    The boy’s cries — “He’s sucking on her toes!” alerted other guests, who walked over to catch an eyeful.

    Spitzer and Smith checked out of the hotel on Sunday night after a five-day trip that started on New Year’s Day.

    Lisa Linden, a spokesperson for Spitzer, denied the account. “These assertions are totally untrue,” she said.

    Spitzer and his long-suffering wife, Silda Wall, announced the day before Christmas that they are getting a divorce.

  76. chicagofinance says:

    Spitzer practicing for the Super Bowl….

    Sleazy Eliot Spitzer turned a resort hot tub into a steamy love cauldron over the weekend — kissing and sucking the toes of his t0pless mistress, Lis Smith, in front of families with children, mortified witnesseses said.

    The still-married former Love Gov and Smith, Mayor de Blasio’s ex-mouthpiece, were spied frolicking near the family pool at around 4 p.m. Sunday at the Half Moon family resort in Montego Bay, Jamaica.

    “It was gross,” said a hotel witness, who was vacationing with her family. “She had her top off.”

    The disgraced Spitzer — infamous for wearing his signature black knee socks while having sex with hookers — appears to have a bit of a foot fetish as well, according to onlookers.

    “He was licking her toes,” the witness said. “She would sit in his lap. Then he’d put her feet in his mouth. He licked her toes and was playing with her feet.”

    He also cuddled and whispered sweet nothings into the ear of Smith — a political flack who lost her chance at being a top spokesperson for de Blasio in part because of her relationship with the raunchy Spitzer.

    The couple’s public display became a spectacle at the resort, which was frequented by John and Jackie Kennedy during his presidency.

    A 10-year-old boy who saw Smith t0pless in the pool ran back to his parents and shouted, “Mom there’s an old guy in the Jacuzzi with this girl and she’s t0pless and she’s got her legs wrapped around him,” sources said.

    The boy’s cries — “He’s sucking on her toes!” alerted other guests, who walked over to catch an eyeful.

    Spitzer and Smith checked out of the hotel on Sunday night after a five-day trip that started on New Year’s Day.

    Lisa Linden, a spokesperson for Spitzer, denied the account. “These assertions are totally untrue,” she said.

    Spitzer and his long-suffering wife, Silda Wall, announced the day before Christmas that they are getting a divorce.

  77. cobbler says:

    The main problems for U.S. manufacturing are required ROI which is much higher than for the foreign competitors (hard to compete with the hedge funds) and regulatory issues, especially in NJ. I don’t see any improvement in DEP practices despite 4 years of CC.

  78. joyce says:

    Street Justice,

    Put the yuengling lights down.

  79. cobbler says:

    [78]
    If it’s not on UTube yet, probably not true…

  80. joyce says:

    Expat,
    It probably won’t happen in our lifetimes, but would your company be affected if healthcare prices dropped?

    The Original NJ ExPat says:
    January 6, 2014 at 10:36 pm
    My company actually manufactures tangible goods, titanium and ceramic custom dental abutments (the skeleton of a dental implant). Lots of Cad/Cam and machining of little tiny parts, about 1000 units/day, high margin, and 15% annual growth for the last 7 years.

  81. joyce says:

    Cause he’s a joke.

    cobbler says:
    January 6, 2014 at 10:51 pm

    … despite 4 years of CC.

  82. chicagofinance says:

    Since when has Fresh Direct delivered in NJ?

  83. Comrade Nom Deplume, a.k.a Captain Justice says:

    [73] spine

    Possibly my new favorite store and sale.

    http://www.targetmaster.com/Specials.html

    Hard to believe this place was right down the road from me and I’ve yet to visit it after 18 months of driving by it almost daily.

  84. Comrade Nom Deplume, a.k.a Captain Justice says:

    5 degrees here. Off to the frozen salt mine.

  85. The Original NJ ExPat says:

    [82] Probably not as a division and probably not as a company either. As a division, the manufacture of *custom* abutments is a premium service, there are already a wide array of lower cost “off-the-shelf” stock abutments. As the company internationally mostly manufactures consumables for dentists, probably also not affected. In fact we have a group that continually looks at ways to lower both quality (yes lower quality!) and costs to hit price points in developing nations where oversight is not much of a problem, if it exists at all.

    Expat,
    It probably won’t happen in our lifetimes, but would your company be affected if healthcare prices dropped?

    The Original NJ ExPat says:
    January 6, 2014 at 10:36 pm
    My company actually manufactures tangible goods, titanium and ceramic custom dental abutments (the skeleton of a dental implant). Lots of Cad/Cam and machining of little tiny parts, about 1000 units/day, high margin, and 15% annual growth for the last 7 years.

  86. anon (the good one) says:

    those obsessed with Spitzer need to get laid to release their envy

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  88. Another day of rot and putrefaction.

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