From the Times of Trenton:
‘Brazen criminals’ are taking advantage of the housing crisis
Brazenness is the hallmark of con artists and nowhere is that more evident than with shameless real estate scammers who rip off unsuspecting renters and property owners.
A case in point was the recent arrest of a dozen people by Mercer County authorities on charges of running a complex rental scam.
Authorities say the accused would move into homes that were vacant or being foreclosed, change the locks, turn on utilities and live rent-free. Sometimes they would create leases and rent the properties to others, causing a lot of confusion for real estate agents and police who are called in to sort out the situation.
Often, the scam goes unnoticed until a bank inspector or property manager stops by to check on the home or to show it. That’s when they discover someone living in the house that should be empty.
“These are brazen criminals who educated themselves on squatters’ rights and took advantage of the civil court process,” Mercer County Prosecutor Angelo J. Onofri said when he announced the arrests and charges on April 6.
FRIST!!!!
Someone should have bid $1.
After a very exciting first couple of days, with tons of interest and one verbal commit at $740K with a waived inspection (besides structural) and no mortgage contingency. We ended up with zero offers! There was another verbal offer yesterday at 670, but it’s short of my line in the sand. Grim and I was right. There is zero demand for multi-families without 4 units minimum. And the boiler is BRAND NEW! Realtor will try one more week and then it’s back to making money off of it. I am not disappointed in the least. In seven years, she’ll be paid off completely by the tenants (220K left). By then, the after effects of the Murphy term should have worn off. I also like having some of my wealth tied up in RE, rather than too much in the market. Currently, it’s near an even split.
Ultimately, what we’ll probably do, is start shining this turd little by little, for an eventual sale in the early 2020s.
Pay it off, transfer it to an LLC, mortgage it under the LLC to buy more properties.
Write off all mortgage interest, property taxes, expenses.
Profit from the lower tax rate on the pass through income.
In the age of Trump, you need to operate like Trump.
Yup.
That’s why I look to buy and keep these kind of units for the long term. That’s the real way to make money keeping these babies (they are definitely cheaper to buy right now)….unless the market has a momentary burst of irrational exuberance and RE values double or triple. Then, you unload.
Yeah. Just have less time on my hands than I’d like to have. If I got my number, I would have been OK selling. I have enough to retire like a prince down in CR. Another 5 years and I’ll retire like a king. Actually. Playing landlord might not be a bad gig for a retired guy.
Lib,
Not like I know anything, but maybe take the picture of the exterior on a sunny day?
BTW happy to hear you’re on the horizon of a great retirement.
The basic income was meant as an incentive for people to start working.
Lol! Sure it was!
http://www.businessinsider.com/finland-to-end-basic-income-experiment-2018-4
Shocker..
The new ‘activation model’ law requires jobseekers to work a minimum of 18 hours for three months – if you don’t manage to find such a job, you lose some of your benefits.
Lib sorry it did not work out, but glad you are ok with it.
With Murphy as Governor, the state will continue its downward spiral.
Why is business your only focus? People in the society don’t matter? Quality of life doesn’t matter, only what’s good for business?
Seriously hate this type of mindset.
“This amazing. I’m speechless that anyone who works for a living voted for this guy. Guys like him and Di Blasio seem so bitter and resentful. They represent a class and a mindset that is searching for a purpose. What business owner or entrepreneur thinks in this manner? I can’t comprehend the thought pattern of these people.”
People in the society don’t matter?
You pay for them and I’ll cheer you on.
Looks at the stats across the board and tell me education investment is not working. Look at how low the crime rate has become.
It’s about teaching people to work together and come up with solutions to fix and improve society. If you are counting on most parents to do this for society, good f’en luck.
Case and point, think of Paterson in the 70’s or 80’s and compare it to today. Much much better. Apply that to Newark, Irvington, or any other urban ghetto. Don’t tell me things are not getting better.
“What does “investment in education” mean? It starts in the home… with a parent or guardian guiding, teaching and instilling an ethic. Who depends on a government ideology for success in ones personal life?”
And if you don’t help them, they will make business impossible to conduct with their looting, rioting, and crime sprees.
Fast Eddie says:
April 19, 2018 at 10:33 am
People in the society don’t matter?
You pay for them and I’ll cheer you on.
Explain China’s rise in the past 30 years…..proves every single thing written below as bs.
No One says:
April 19, 2018 at 9:36 am
Leftist propaganda translation:
All government spending = “investment”
used in a phrase: “we are investing in the future of our children” [by building and expanding massively inefficient and ineffective bureaucracies]
Any reduction in taxes on productive citizens = “spending”
used in a phrase: “we cannot afford to spend our state’s precious resources on tax breaks for the rich” [such as by moving NJ taxation down toward national averages from its top 5 position]
It’s about teaching people to work together and come up with solutions to fix and improve society.
That’s a cute, liberal, blanket, feel-good statement by a troll poster whose role here is to garner replays. How much are you being paid per day to troll?
And by the way, how did the $100 million donation to Newark schools work out? Don’t answer, I really don’t care.
My multi sale was more of a bet than a real action. I told my regular realtor (the one who finds me tenants) that there’s no way it would fetch 700K. She said it absolutely would. I risked nothing but the loss of half a months rent on my vacant upstairs unit. I sunk nothing into the listing. She got to market herself and I got to perform some true price discovery which is kind of a nice thing. In the end. I get to tell my realtor, I told you so!
Bingo!
Xam aka Xolepa says:
April 19, 2018 at 9:47 am
That’s why I look to buy and keep these kind of units for the long term. That’s the real way to make money keeping these babies (they are definitely cheaper to buy right now)….unless the market has a momentary burst of irrational exuberance and RE values double or triple. Then, you unload.
Last time I checked, Newark schools have been improving, but that doesn’t fit your story, so it’s ignored.
“And by the way, how did the $100 million donation to Newark schools work out? Don’t answer, I really don’t care.”
Here’s the pumpkin/footstool/Murphy mentality, identified over 60 years ago:
“What is the nature of that superior world to which they sacrifice the world that exists? The mystics of spirit curse matter, the mystics of muscle curse profit. The first wish men to profit by renouncing the earth, the second wish men to inherit the earth by renouncing all profit. Their non-material, non-profit worlds are realms where rivers run with milk and coffee, where wine spurts from rocks at their command, where pastry drops on them from clouds at the price of opening their mouth. On this material, profit-chasing earth, an enormous investment of virtue—of intelligence, integrity, energy, skill—is required to construct a railroad to carry them the distance of one mile; in their non-material, non-profit world, they travel from planet to planet at the cost of a wish. If an honest person asks them: ‘How?’—they answer with righteous scorn that a ‘how’ is the concept of vulgar realists; the concept of superior spirits is ‘Somehow.’ On this earth restricted by matter and profit, rewards are achieved by thought; in a world set free of such restrictions, rewards are achieved by wishing.
Cool Story Stu! Seriously you of all the posters on this board seem to have a complete frontal lobe.
1 year boys and girls….1 year since the departure and I am feeling more at ease than ever. My wife is trying to get me to dump my Harley for a ragtop. Tempting I must say.
10:44
It’s about teaching people to work together and come up with solutions to fix and improve society.
I thought that is why people liked their kids in sports….no wait
Pumpkin, 10:41
You know so little about China and economics that you don’t even realize your assertion simply confirms your Dunning-Kreuger-syndrome-driven idiocy. You are such an moron that I almost feel sorry for you, but when you combine your ignorance with aggressive overconfidence it’s no wonder that you’re so widely despised. As someone who actually knows something about China and its economy, following its last 30 years, it’s been the shrinking role of government in the economy, coupled with private savings and actual capital investment, deployed into domestic and international trade, that explains their economic growth. The Chinese economy has a lot of flaws, lots of inefficiencies and their leaders are screwed up fascists, but it’s definitely not a lazy-a$$ big-tax, big-spending-welfare state of the kind Murphy wishes for.
I agree that investment in education is key, but BLINDLY throwing money at a problem is foolish.
Actually, I would have rather that million go to giving the parents/adults a “purpose” so that they WANT to do better for themselves. At that point, they’ll be able to instill those values in the kids and then the problem starts to work itself out.
No one,
You are telling me life has not improved since 60 years ago under this mentality?
Again, how the hell did China catch up to us so fast based on a govt controlled economy? I don’t buy your ideology one bit, because it’s been proven wrong.
Same thing with Russia. They had a revolution during wwI, became dirt poor due to the chaos, and then became a world super power in less than 20 years on the back of social!sm. Obviously, their corruption and the reliance on oil and gas took them down. Social!sm has nothing to do with corruption or the fact that they relied on oil instead of diversifying.
Facts.
No One,
Ahh… had to look up that quote. An Ayn Rand axiom. I’m almost finished with “Dune” and can’t wait to read Atlas Shrugged.
Pumps You say Paterson is doing better now. So you should be ok when some decide to move to Wayne with the new multi family housing being built. This way they can avail themselves of even better schools and continue to do even better!
I’ve asked about 50 people in the last week or so if they ever read “Atlas Shrugged” in middle school and not one said yes. I also asked my wife if she ever heard of anyone or any curriculum in middle school that reads or read A.S. She hasn’t. By the way, she’s a middle school teacher for 20 years now.
became a world super power in less than 20 years on the back of social!sm
You also forgot the hyperinflationary government bankruptcy during the Soviet Union’s collapse.
Case and point, think of Paterson in the 70’s or 80’s and compare it to today. Much much better. Apply that to Newark, Irvington, or any other urban ghetto. Don’t tell me things are not getting better.
A few years back, Trenton hit their all time high in murders for the year.
I don’t care what you are spitting here. China is a social!st market economy. Just like the social!st countries in Europe carry aspects of capitalism, but that doesn’t make them pure capitalists.
Your problem, you only see the good with capitalism. For some reason, you are blind to its faults, prob due to your obsession with it. These social!st countries are simply taking the good parts of capitalism, like property ownership and competition, and applying them to socia!ism. They see the good and bad with social!sm and capitalism, and try to take the best of both.
People like you believe it should all be privatized and left in the individuals hands. You are incapable of seeing how this approach will do more harm than good in the long run.
“As someone who actually knows something about China and its economy, following its last 30 years, it’s been the shrinking role of government in the economy, coupled with private savings and actual capital investment, deployed into domestic and international trade, that explains their economic growth. The Chinese economy has a lot of flaws, lots of inefficiencies and their leaders are screwed up fascists, but it’s definitely not a lazy-a$$ big-tax, big-spending-welfare state of the kind Murphy wishes for.”
Blue,
Trenton is prob the only urban ghetto that has not progressed from the 80’s. Even Camden has now passed them up.
Yes, and why wouldn’t I embrace them if they are able to improve their lot and move to Wayne. I embrace Paterson citizens that work hard and aspire to move to Wayne. I do not want to live amongst the ones that have given up on life and only bring harm to the neighborhoods they live in.
3b says:
April 19, 2018 at 11:17 am
Pumps You say Paterson is doing better now. So you should be ok when some decide to move to Wayne with the new multi family housing being built. This way they can avail themselves of even better schools and continue to do even better!
Bingo!
Californicator says:
April 19, 2018 at 11:04 am
10:44
It’s about teaching people to work together and come up with solutions to fix and improve society.
I thought that is why people liked their kids in sports….no wait
Go back to your old handle of Reinvestor-101.
Anybody know a good plumber that handles northern Bergen county area? I seem to recall someone recently posted they came across a good one and even without a mandatory trip fee.
I browsed the listings last night and I’d say about a 1/3 of the 50 listings or so had a “price change” in the last couple of weeks … all downward. Is this the new realism of the tax reform dribble settling in on home prices?
I really think the tax reform + the rising interest rates (even moreso) will create a top fo sho.
Let my listing be a lesson to you non-believers. :P
On the bright side, free community college for the immigrant population!!!
So now Pumps wants to make us like China?
If anything, prices will stagnate. I can’t see them going down anytime soon. Not with people making more and more money. There is nothing that tells me nyc metro area housing is in a bubble, absolutely nothing. Stabilization of real estate prices is a good thing for the long term health of the market. Slow and steady (predictable) rise is what you want.
Blue,
I’m simply pointing out that there are more than one way to do things. Clamoring to extreme ayn rand ideology obsessed with the individual is just as bad and extreme as Communism. Find a common ground, as opposed to extremes.
And I’m simply pointing out that privatizing everything is not the answer to our problems.
Lib,
Based on rental income, an investor will pay at most 600,000 based on the income it produces. You need someone that wants to live there to get that 700k or higher price. The only thing that might be hurting you is people looking at the price you payed for it in 2004. They want it, but think they are being taken for a ride with the huge appreciation they would be paying you. Market is not in mania mode to be paying that.
Just think, if you end up getting 700k for it, look at how much money you made in 14 years off your original downpayment when including revenue generated by the property and appreciation. That’s a very sweet deal.
TOP FIVE AND THE REST –The top 5% of US taxpayers (based upon adjusted gross income) paid more federal income tax ($866 billion) during tax year 2015 (the latest year that tax information has been released) than the federal income tax paid ($588 billion) by the bottom 95% of taxpayers. 141 million tax returns were filed for tax year 2015 (source: Internal Revenue Service).
So you think China found that balance?
BIG MONEY TODAY –Patrick Reed pocketed $1.98 million for winning the 2018 Masters. Arnold Palmer won $1.86 million during his 62-win PGA career (source: PGA).
Blue,
I don’t aspire to be anything like China and their corrupt regime. I was simply trying to show an extremist like No One, that other economic systems work too.
Russia is a perfect example, they went from an agrarian based economy to an industrial powerhouse in less than 20 years. That’s remarkable. They were directly competing with us, a nation that didn’t fight any battles on its own soil(they suffered heavily in wwI and wwII), and almost beat us. When oil market collapsed in 1986, that combined with ultra corruption did that govt in. The avg individual actually did worst when they transferred to a capitalist society, wasn’t until putin came to power that the avg person in Russia improved their lot in life.
What I want to know is how much this top 5% earned as a percentage in comparison to the rest of the population. All this shows me is that they should be paying even more since 5% of the population is able to pay the cost of taxes for 95% of the population. Pretty got damn crazy that they can afford to do that.
chicagofinance says:
April 19, 2018 at 12:48 pm
TOP FIVE AND THE REST –The top 5% of US taxpayers (based upon adjusted gross income) paid more federal income tax ($866 billion) during tax year 2015 (the latest year that tax information has been released) than the federal income tax paid ($588 billion) by the bottom 95% of taxpayers. 141 million tax returns were filed for tax year 2015 (source: Internal Revenue Service).
“I want everybody to find a tree that’s your twin,” said Clifford. “Talk to your tree. Ask your twin about yourself. Find out all you can from your tree. Put your hand on your tree. Take your time to get to know your tree.”
“My tree asked me why I was so afraid,” said one forest bather.
“My tree said it thought that we could grow together,” said another forest bather.
Clifford has turned his slow walks into a cottage industry. He leads $50 forest bathing treks for newbies. He teaches $3,400 forest bathing workshops for wannabe leaders.
https://www.sfchronicle.com/travel/article/Forest-bathing-takes-tree-hugging-to-new-12844868.php
Guilty parents buy their kids tons of cheap plastic sh!t out of guilt for not spending time with them.
Explain China’s rise in the past 30 years
11:22 sorry 1976 – 86 one big blur
I think the increasing interest rates are putting some downward pressure. However, I also think people are lowering their initial sell price due to wanting a quick sell. If Lib left his price up for another month(maybe a little longer), I think he could find that 700k sweet spot.
The fact that most people don’t want to move (if they’ve already locked in lower rates) will continue to restrict housing stock. I think there are more “desperate” people with FOMO on the brain that will try to buy now before the interest rates continue higher AND there’s even less housing on the market.
However, I don’t know how many people NEED to sell at this moment. That would throw everything I said in the crapper.
“If 95% of Americans have incomes under $126,000, I continually wonder who buys all these houses in L.A. that start at $500,000 for a tear-down–or what would cost $30,000 in Oklahoma City,” Fotopoulos said. ’I can sure tell you that falling in the 95% zone doesn’t make me feel like I’m doing much more than getting by if I can’t even contemplate buying a house.”
http://www.latimes.com/la-spendsave-story16-story.html
Pumps – If you had an education you’d realize that circular logic such as this implies that the richest person would be liable for 100% of all taxes due. Here’s a better way. Everybody pays a different price for every good and service based on their wealth and income. That way wealth gets instantly redistributed with every transaction, leaving out the inefficient government middleman. You probably should’ve paid $24K for that sewer repair.
What I want to know is how much this top 5% earned as a percentage in comparison to the rest of the population. All this shows me is that they should be paying even more since 5% of the population is able to pay the cost of taxes for 95% of the population. Pretty got damn crazy that they can afford to do that
Sidenote:
SIL and her husband recently purchased a new construction in NJ suburb of Philly. She still owns a townhome/condo in Philly which had a whopping 0% appreciation since she purchased in 2008. The only good thing about it is that she had a 10 yr tax abatement so she wasn’t hit that bad and switched to a 15 yr mortgage on it about 4 years in. They HAD to move since they had 2 kids and needed more space.
I’m telling her to just hold it and rent it out since its not like it will continue appreciating anytime soon (its in crappy North Philly). They just want to sell to get it out of their busy lives. Listed on April 5th and reduced the price on April 12th. Silly to me.
I just think there will be more people in her situation (move up from townhome/condo) than people that can sit and wait for more affordable prices/lower interest rates.
If you’re not Pumps you certainly share a brain with him.
I’m telling her to just hold it and rent it out since its not like it will continue appreciating anytime soon (its in crappy North Philly).
Big picture explanation so simple that even pumpkin could understand it if he wanted to:
Over the last 30 years China improved from extreme poverty to become a moderately poor country by reducing government control and ownership of its economy.
If you want income per capita of $9,000 and fascist control of government, like the Chinese have, just give Phil Murphy more time and he might get you there.
Eddie,
Atlas Shrugged isn’t recommended for middle school. Precocious readers could handle it, but it’s most popular with high-schoolers.
Ayn Rand’s novella Anthem is more often read in middle school.
It also happened to inspire Rush’s “2112” album side, loosely.
Expat,
So they should sell and call it a wash rather than have someone help pay it off and then actually start getting a return on it?
Let me know where I’m off.
Yep! Lurks and pumps are one and the same.
Practice what you preach? Of course not. Guy is okay cutting costs on other people’s back, but increases spending on himself.
https://patch.com/new-jersey/wayne/s/gej8d/christie-just-cost-nj-another-85k-and-the-expense-broke-records?utm_source=alert-breakingnews&utm_medium=email&utm_term=weather&utm_campaign=alert
Yes, I’m lurks….along with Diane and whoever else posts here and don’t agree with
Okay, so now China is a shining example of capitalism? Get the f8ck out of here with this crap.
No One says:
April 19, 2018 at 2:13 pm
Big picture explanation so simple that even pumpkin could understand it if he wanted to:
Over the last 30 years China improved from extreme poverty to become a moderately poor country by reducing government control and ownership of its economy.
If you want income per capita of $9,000 and fascist control of government, like the Chinese have, just give Phil Murphy more time and he might get you there.
Like I said, understanding requires both ability and motivation, and pumpkin has neither.
Fast Eddie,
Forest bathing. lol. Wonder how many proponents of forest bathing partake in water bathing on a regular basis.
$50 a pop to look at insects and trees for 3 hours in a tiny area. I loved how they brewed a tea from leaves they collected and the leader couldn’t recognize poison oak.
I didn’t say they should sell. Now that they don’t live there the place is simply a financial asset, it doesn’t matter if there is any equity gain or not or if it can be held cash flow positive or not. It doesn’t seem as if you know or care what the situation is. If I owned 10 million shares of spray pancake in a can my only consideration should be whether liquidation or holding the asset is the better choice over the foreseeable future. Asset managers know they don’t have ro make money on every asset, they just need to make money.
Expat,
So they should sell and call it a wash rather than have someone help pay it off and then actually start getting a return on it?
Let me know where I’m off.
You killed Diane off quickly you murderer!! That’s because you were caught so quickly and obviously so she had to go!! That leaves you only with lurks. And yes you are lurks Mc gee. No denying it.
Expat,
The example you use with the shares doesn’t hold up to this example, albeit funny.
The “Asset” is actually debt since they still owe money on it. While they CAN sell and probably break close to even, why not just rent it to accelerate it towards asset level?
The only thing stopping them would be the headache of being a landlord, but to me its well worth it. They’re young enough and have help with the kids. Maybe everyone isn’t cut out to do it, but it just seems (I could be naive here) easier since they’re not in a 30 yr mortgage on the place.
3b,
I thought I was making progress establishing my sentience but I guess I have to prove I’m not on a double yellow road.
Once again NJ RE Report is ahead of the curve…….
https://www.urbandictionary.com/define.php?term=bikelash
https://www.wsj.com/articles/creating-bike-lanes-isnt-easy-just-ask-baltimore-or-boulder-or-seattle-1524043800?mod=ITP_us_0&tesla=y
I think the fact that they had extremely low cost labor, artificially manipulated low currency, endless supply of financing from govt for investment/expansion of economy, constant rip off of foreign technology (also financed by govt), and a completely controlled economy from top to bottom that allowed for them to adjust easily to foreign competition and maintain complete control over the entire system.
Spare me the capitalism bs.
No One says:
April 19, 2018 at 3:35 pm
Like I said, understanding requires both ability and motivation, and pumpkin has neither.
A special kind of stupid if you truly believe this.
3b says:
April 19, 2018 at 3:52 pm
You killed Diane off quickly you murderer!! That’s because you were caught so quickly and obviously so she had to go!! That leaves you only with lurks. And yes you are lurks Mc gee. No denying it.
pumpkin without profit as a motive…see capitalism…..china doesn’t have the growth they’ve seen.
You killed her!!
According to a Bloomberg report Trump is apparently not a target of the Mueller probe.
I like how every time pumps is accused of being lurks, within 15 minutes of pumps last post lurks makes an appearance.
Are you serious?
Why would you make things so complicated?
How exactly whould you set this up and on what basis?
Progressive tax on income is much easier and simple to carry out. Problem is, people making insane amount of money are not taxed enough. If you are making 300 times what the avg individual makes in a given year, why shouldn’t you pay a higher tax on every dollar made after a million dollars? Don’t want to pay the higher tax, then don’t make so much money.
There is a fine line between making money you need and use, and just straight up greed. You can’t seem to understand this. No one wants to punish someone for being rich, but there comes a point at which making that much money and not giving back to the community becomes a major moral issue.
Sure, keep it all, even if that means harming the community and economy around you? That’s cool with you?
The Original NJ ExPat says:
April 19, 2018 at 1:59 pm
Pumps – If you had an education you’d realize that circular logic such as this implies that the richest person would be liable for 100% of all taxes due. Here’s a better way. Everybody pays a different price for every good and service based on their wealth and income. That way wealth gets instantly redistributed with every transaction, leaving out the inefficient government middleman. You probably should’ve paid $24K for that sewer repair.
And without the direct govt support and interference in their market, it would never ever be what it is today. Why do you think trump is so mad at them? For practicing capitalism?
JCer says:
April 19, 2018 at 4:08 pm
pumpkin without profit as a motive…see capitalism…..china doesn’t have the growth they’ve seen.
I swear on my life that I’m not lurks, or Diane, or any other poster. Enough with this. It’s pure stupidity on your part.
You killed Diane poor innocent Diane only one post but she had to go!!
Lurks is supposed to be the softer side of Punps.
Other economic systems don’t work. China is a vampire to capitalism and can only exist in it’s current form with a capitalist nation to extract wealth from via mercantilism. China does not have a self sustainable model.
Now let’s hear Lurks’ analysis of China’s economic metamorphosis.
Yes let’s hear it. Poor Diane won’t have the same opportunity.
HA! The softer side of Pumpkin made me laugh. Unfortunately, China’s economy isn’t really on my interest level.
BUT, I will get passionate about basketball. Lebron doesn’t go to the finals again. If he has to put up 46 pts to beat a mediocre Pacers by 6 (the 3 was in the final second) then he’s got an early exit in the 2nd round of the playoffs.
Oh, and I can jump into conversations about removing wallpaper….tons of it.
Blue,
What economic system actually works? Don’t tell me capitalism, it’s been bailed out numerous times, and it’s based on cycles of constant overproduction and underproduction( aka boom and bust).
Hybrid capitalist systems that address capitalism’s flaws is where this road goes.
And yet pumps according to you capitalism has made you a rich man. Are you prepared to give that up?
Capitalism would be fine if the government didn’t overstep its boundaries.
Jesus. Anything that has a market value and you have the right to sell is an asset. It doesn’t matter if you stupidly financed it and will lose money after disposing of the asset, it is still an asset. If you take out a loan to buy anything the loan alone is a liability, assuming you didn’t use up, snort up, fly depreciate, or destroy to the value of worthless whatever you bought, it is an asset. Your mortgage, otoh, is an asset to the note holder, even if it is worth less in the secondary market than the principal balance, that note is still an asset to the bank. Btw, if the dopes in question walk away with any amount of money, even if it is only a fraction of their down payment, those are still funds that can be invested elsewhere, so their crapshack is not debt, only the mortgage is.
The “Asset” is actually debt since they still owe money on it. While they CAN sell and probably break close to even, why not just rent it to accelerate it towards asset level?
Your brain is an underperforming asset.
Bailed out numerous times? Capitalism doesn’t need to be bailed out. Only leftists insist on it.
I’m all for capitalism, but the regulated version. I’m against pure capitalism.
3b says:
April 19, 2018 at 5:39 pm
And yet pumps according to you capitalism has made you a rich man. Are you prepared to give that up?
Pumps we already have a regulated capitalist system. You are incoherent again as usual.
Not perfect, but gets it in its simple form.
“I believe in social!sm. There, I said it. Now before anyone erupts, let me also say that I believe in capitalism. I believe that either of these forces in its extreme is a negative. Unchecked capitalism is just as dangerous as unchecked social!sm. These two viewpoints are the check and balance on each other.
I personally lean toward a liberal, progressive nature and fight for whatever moves us forward spiritually, intellectually and morally.
Capitalism is very responsible for greatness of this country. Human, free-willed creativity and the ability to own the fruits of one’s labor has brought a level of ingenuity to the world never before imagined.
However, social!sm is just as responsible for where we are. Social!sm is the force that resists the greed that is inherent in pure capitalism. We have seen far too many times the damage that unchecked capitalism can do. There should be a “for the good of the people” consideration taken in the view of capitalism.
There are many innovations, ideas, and advancements that are repressed in the name of profit. For example, look how far the Internet has come in just 20 years and yet in over 100 years we can’t get past the combustible engine. That is because profiteers don’t want options that hurt their bottom line so they repress and attack anything that is different from the status quo.
Capitalism has many virtues, but its best interests lie in profit for shareholders and not in the advancement of civilization. That is its function. At least government’s function is about the people and is accountable to us.
We do need capitalism to keep government in check, but we also need social!sm to keep capitalism in check. Extremism is not the answer. Let’s move society forward, not just business forward.”
Some things should not be left to capitalism, healthcare is one. If left to capitalism, the poor would not be able to get care. If you are okay with only rich people receiving the best care because they have money, you are morally corrupt.
Same could be said for education. If left to capitalism, only the rich will get educated. Which is morally corrupt. Most take the view that spending money on educating the poor is waste of money, but that’s pretty morally corrupt. They will never get the same results as a whole in comparison to their rich counterparts, but the kids deserve a chance at an education. Whether or not they take advantage of it is on them, but they deserve a chance. Cutting funding to education in order to give tax breaks to rich is morally corrupt based upon this. It’s saying that the opportunity is not worth giving because not enough of them will take advantage.
It comes down to what kind of society do you want to live in.
Yea, regulated for the rich. I think it needs to be regulated for all, not just the rich. People matter too, not just profit and businesses. We keep lowering their taxes, ignoring their crimes(by letting them get away with anything with a slap on the wrist), and allow them to sell out our jobs in the name of free market capitalism. Give me a break. And besides, the reason we are on this topic is because people like “no one” think privatization and “pure” capitalism are the cures for the wrongs in life, and that’s simply not true.
3b says:
April 19, 2018 at 7:21 pm
Pumps we already have a regulated capitalist system. You are incoherent again as usual.
Blaming public pension costs on “unions and politicians” is cheap, phony politics. Endless business-funded opposition to taxes threatened any politician who raised taxes. So politicians offered public employees and their unions pension gains (costing taxes in the future) instead of wage increases (costing taxes now). Business interests want to break public pension promises today by blaming unions and politicians. Very crude and unjust.
https://www.bloomberg.com/view/articles/2018-04-18/collapse-of-public-pension-funds-is-no-longer-a-distant-prospect
So pumps says NJ should be paid by Texas when they attract people who go through our education system because we paid for it. But then he praises China, who blatantly cheats on our patented technologies.
Lmao so because you’re hung up on the term “asset”. Got it
We clearly agree that they’d be dopes. All you’re saying is thay they have options (like everyone does)
Thanks for the insight pops.
Lib,
So that’s it?? You should consider leaving that property, and no I didn’t get to actually check it out, but leave it up through the selling season. Why rush the possible sale?
Topper
E R Jones Plumbing & Heating
Address: 256 Wyckoff Ave, Ramsey, NJ 07446
Phone: (201) 327-4214
great guy, knows steam.
Californicator
Fiat Spider Arbarth is perfect for the PCH.
I heard that every heating pro who really knows steam… is already dead.
great guy, knows steam.
or any other Miata.
Fiat Spider Arbarth[sic] is perfect for the PCH.
I am only now convinced that Lurks is not Pumps.
LurksMcGee says:
April 19, 2018 at 11:06 am
Actually, I would have rather that million go to giving the parents/adults a “purpose” so that they WANT to do better for themselves. At that point, they’ll be able to instill those values in the kids and then the problem starts to work itself out.
^^^ Pumps has never had a thought that cogent.
I saw an old Convertible corsair today on Hemmings…! Love the FIAT or Miata Idea. Just not sure about 2 vs 4 seater at this juncture….
While the Fiat and the Miata are close there is a lot to set them apart. There is also the fact that you will see three Miatas outside Starbucks.
https://www.youtube.com/watch?v=fPS02EFgdfE
The great thing about Miatas is that they are uber-reliable. I’ve owned a ’99 and still own a ’94. My first car was a 1970 Fiat Spider. It was great…when it ran. It was way ahead of it’s time in concept. Twin cam engine, 4 wheel disc brakes, 5 speed tranny, full gauges, walnut dash and the top went down! There was pretty much nothing with that spec that was affordable in 1970. Mazda perfected the concept and added reliability (no walnut dash though). I think in the early ’90’s some auto journalist said something like this about the Miata:
“It’s like owning a European sports car except it always starts and won’t leave oil stains in your driveway.”
Now, if you want something with really high California zoot that will appreciate (it already has):
https://www.youtube.com/watch?v=Fyj1fcJbaWc
OTOH, if you want a somewhat affordable 4-seater drop top that won’t make you miss your Harley too much, I guess you could go for a BMW 2 series. I’ve never been a Bimmer guy. Don’t get me wrong, I love the cars, I just hate the stigma. BMW’s are like porcupines except the pricks are on the inside. I would rather drive a “girl’s car”, which is how a lot of people who’ve never been in a Miata think of a Miata.
Mazda is probably Japanese for POS.
Trade in the Harley for a Fiat or a Miata?
Tristate suburbs are just a massive social experiment run by hyper-intelligent white mice gone massively wrong…
http://newyork.cbslocal.com/2018/04/19/bat-attack-suspect-arrested/
Porsche 911 convertible. Look at one around 2006 or so. About the same price as a new lesser model vehicle. Much better for the curves of PCH. Has ‘rear seats’ if you need them, can’t take anyone over the age of 12 more than 50 miles comfortably but they are there for the option. They fold down into a rear shelf for extra baggage or light gear if it’s just you and the wife. Generally well maintained, low miles, and not driven hard.
Stay away from the S or turbo. Only downside is tires. Not just low profile but only available at Porsche IIRC. Would suck if you’re in Big Sur and have a blowout.
Had a great time driving the PCH in a 914 around San Diego, years years back.
Back in 2014, BMW lent me a soon-to-be-released i8 to take for a drive from Santa Monica, through Beverly Hills, up into Woodland Hills, down Mulholland Highway through the Santa Monica mountains to the PCH, then driving into Malibu for lunch with BMW people.
I got a lot of head turns and photos taken that day.
Wow, I love this governor! He gets it! Just destroys Texas and shows why Jersey is better! Destroys him!
“Abbott puts the powerful first in his state, and he wants New Jersey businesses to join him. But they, and we, know better.
The facts speak for themselves: Even a cursory review of Texas’ economy during Abbott’s administration should give anyone — especially businesses — pause. Texas’ ranking among state economies has plummeted. According to Governing magazine’s last ranking, the Lone Star State fell from 3rd to 21st (New Jersey was 24th). Perhaps this is why he’s desperately trying to poach jobs from other states, instead of growing the Texas economy organically through increased investments.
So, here’s my counteroffer to Texans and Texas businesses looking for real economic opportunity.
For businesses, New Jersey provides distinct advantages, including our location, with direct access to 31 million consumers within 100 miles of Newark, alone. Thanks to our ports, we also offer unparalleled global reach.
Through years of investment in public education and our world-class colleges and universities, we also boast one of the world’s most highly educated and skilled workforces, ranking 5th in the percentage of our residents with bachelor’s degrees according to the latest census data (Texas is No. 12). And, all this is knitted together by infrastructure that gives unfettered access to the country.
For new residents, New Jersey brings to the table one of the nation’s top three K-12 public school systems as ranked by U.S. News (Texas? No. 33), led by investments in our classrooms and our teachers, a priority that Abbott has consistently ignored and underfunded. This underfunding by the governor has created in Texas, according to WalletHub, the largest gender gap in educational attainment and the 7th-largest racial educational attainment gap in the nation. New Jersey, on the other hand, ranks No. 6 in the nation for college readiness (Texas is No. 21) and second for pre-K enrollment (Texas is No. 38).
New Jersey is also home to many of the nation’s best health care systems. In contrast, under Abbott and his Republican-controlled Legislature, U.S. News ranks Texas ranks 46th in health care access, 45th in quality, and, as Governing notes, is home to the nation’s highest rate of uninsured residents.
We also boast a violent crime rate nearly half that of Texas, as measured by the FBI, which may be a product of our belief in strong, commonsense gun safety laws, in contrast to Abbott’s reckless belief in allowing more concealed firearms. By the way, an investigative report by The Record newspaper found that in 2016, 45 guns used to commit crimes in New Jersey originated in Texas due to its lax gun laws. I’d like to invite Abbott to join our growing list of States for Gun Safety so we can make communities here and in the Lone Star State safer.
And, for middle-class and working families, the census reports New Jersey has a median household income more than $15,000 above Texas’.”
https://www.dallasnews.com/opinion/commentary/2018/04/18/nj-gov-murphy-texas-gov-abbott-back-people-companies
This guy sounds like some of you. Don’t let the door hit you on the way out!
Love murphy’s response. That’s right, focus on the people that want to be here. The one’s that want to be here aren’t obsessed with being the lowest taxed state and instead want a better overall society and quality of life.
“”I got seven years, four months, and one day, and I am gone,” Greg said. “I am sending my daughters to college out of state with orders never to return.”
Murphy didn’t fire back the way Christie might have during those arguments at his old town halls.
Instead, he smiled.
“I wanna be the governor for the folks who stay, let me just say that,” the new governor responded.”
http://www.nj.com/politics/index.ssf/2018/04/a_man_confronted_phil_murphy_about_taxes_heres_how.html#incart_2box_nj-homepage-featured
Ayn Rand was a talentless hack who sucked on the American government’s teat all her life from marrying for US citizenship to using its infrastructure to ship her stupid poorly written books, to cashing her social security checks so she could pay for the iron lung she needed after a life of smoking. So weird she couldn’t make it on her own. Maybe she should have read her own books.
Anyone who likes Ayn Rand is a Grade A moron. Although the parts in her book where the “strong, independent, woman” is slapped around by her man is a riot.
Told ya it had more appeal to the single family buyer looking for additional income or entry into Montclair.
Libturd questioning the gender of Hillary’s Cankle fluid. says:
April 19, 2018 at 9:34 am
FRIST!!!!
Someone should have bid $1.
After a very exciting first couple of days, with tons of interest and one verbal commit at $740K with a waived inspection (besides structural) and no mortgage contingency. We ended up with zero offers! There was another verbal offer yesterday at 670, but it’s short of my line in the sand. Grim and I was right. There is zero demand for multi-families without 4 units minimum. And the boiler is BRAND NEW! Realtor will try one more week and then it’s back to making money off of it. I am not disappointed in the least. In seven years, she’ll be paid off completely by the tenants (220K left). By then, the after effects of the Murphy term should have worn off. I also like having some of my wealth tied up in RE, rather than too much in the market. Currently, it’s near an even split.
Ultimately, what we’ll probably do, is start shining this turd little by little, for an eventual sale in the early 2020s.
Scumbags! Get a life!
“”Our region generates 20 percent of GDP for the entire nation,” he said. “If they don’t want to kill 20 percent of GDP, they shold be advocating Gateway at the end of the day.”
Besides North Carolina, the lawmakers came from Alabama, Arizona, Colorado, Florida, Georgia, Indiana, Iowa, Louisiana, Missouri, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Only Colorado and Texas did not receive more money from Washington than its residents paid in taxes.”
http://www.nj.com/politics/index.ssf/2018/04/theres_a_new_effort_to_get_trump_to_kill_gateway.html
NJ metro suburbs are like adult diapers. You never want them, you just need them for a specific purpose. They are the best of several unattractive options. Once used for that purpose you get out of them ASAP and hope to never return to needing them.
Praises China? Wtf? I was simply pointing out that the systems you conservatives are against have shown that there are more than one way of doing it.
Conservatives think the only way a nation can be successful is through low taxes, low wages, no govt regulations for business, no social net, ultra small govt, enormous military, and huge profit for business and the super rich.
A wet dream for a knuckle head conservative.
Blue Ribbon Teacher says:
April 19, 2018 at 8:46 pm
So pumps says NJ should be paid by Texas when they attract people who go through our education system because we paid for it. But then he praises China, who blatantly cheats on our patented technologies.
Does anyone really believe murphy’s Take? Anyone with a shred of common sense? Doubtful.
Murphy is the classical limousine liberal that has led to the current crisis in the Democratic Party. Completely out of touch with the working class. Only interested in hand outs for special interests.
I now see him leaving office in crisis or scandal he’s becoming more and more outlandish. What he’s proposing is in no way sustainable and only appeals to extreme progressives and public sector unions he’s just talking to himself.
Don’t let the door hit you on the way out! Why the hell do people like you live in this state? It’s like me going to a red state like Alabama and complaining about the idiotic approach to govt. You will never see me live in a red state. I have one life to live and not wasting it some god forsaken hell hole.
leftwing says:
April 20, 2018 at 10:40 am
NJ metro suburbs are like adult diapers. You never want them, you just need them for a specific purpose. They are the best of several unattractive options. Once used for that purpose you get out of them ASAP and hope to never return to needing them.
lw – I’m thinking of getting one myself. Don’t look “around” 2006, absolutely look at 2006 or later…or *know* whether this was done. Better yet, figure it into the price and get it done yourself *immediately*. (Or just buy a Turbo or GT, and then it’s a non-factor).
http://autohaushamilton.com.au/news/ims-bearing-the-facts-made-simple
Porsche 911 convertible. Look at one around 2006 or so. About the same price as a new lesser model vehicle. Much better for the curves of PCH. Has ‘rear seats’ if you need them, can’t take anyone over the age of 12 more than 50 miles comfortably but they are there for the option. They fold down into a rear shelf for extra baggage or light gear if it’s just you and the wife. Generally well maintained, low miles, and not driven hard.
Bro, why do you hate him so much? That’s right, because he is actually helping the poor and working class, and it pisses you off. You are mad that he will progressively tax the millionaire class. Why so mad about that? Oh, you claim they will leave…so let them. They will be replaced. You just don’t get it!
“Murphy is the classical limousine liberal that has led to the current crisis in the Democratic Party. Completely out of touch with the working class. Only interested in hand outs for special interests.”
True story!
Hypocrite, just like her obsessive followers.
Ottoman says:
April 20, 2018 at 10:32 am
Ayn Rand was a talentless hack who sucked on the American government’s teat all her life from marrying for US citizenship to using its infrastructure to ship her stupid poorly written books, to cashing her social security checks so she could pay for the iron lung she needed after a life of smoking. So weird she couldn’t make it on her own. Maybe she should have read her own books.
Anyone who likes Ayn Rand is a Grade A moron. Although the parts in her book where the “strong, independent, woman” is slapped around by her man is a riot.
Grim had a mint 914 about 25 years ago! Thanks for the recommendations !
I almost bought a 914 back around ’82 or ’83. Well maintained by a teacher who worked with my uncle, also a teacher. $4500, couldn’t afford it. You certainly get a feeling of vulnerability in one of those, fun as they are. You’re sitting on the ground, legs straight out. Looking across the short hood it’s easy to imagine that your feet aren’t too many inches behind the headlights with no engine or firewall in between. I am a fan of mid-engine cars though. Had an ’86 MR2.
Had a great time driving the PCH in a 914 around San Diego, years years back.
footstool,
I love the way that Ayn Rand rebuttal of the leftist worldview has inspired a cottage industry generating ad hominem attacks against her and those that can understand and apply her insights to live happy lives. The hysterical misleading attacks on Ayn Rand may provide the basement dwelling leftist drones some temporary solace while living their miserable envious lives, and provide them some material to troll online with, but it also reveals a lot about their lack of intellect, dishonesty, and pathetic hatred of successful people.
Bailed out numerous times? Capitalism doesn’t need to be bailed out. Only leftists insist on it.”
Leftists like Bush and Hank Paulson.
I was talking to a friend about the 914. Prices are going through the roof on them. You couldn’t give them away in the 90’s. My view is that Singer and Co have run out of 911s to RestoMod, so they are moving on to these.
Grim had a mint 914 about 25 years ago!
“had” – sounds like regret!
I regret selling my TJ Wrangler, damn I should have kept it.
How capitalism works.
“Over the past 10 years, three of America’s biggest banks—JPMorgan, Wells Fargo, and Goldman Sachs—have made more in cumulative profits than during the previous decade of supposed boom times (adjusted for inflation).”
https://qz.com/1255614/jpmorgan-wells-fargo-and-goldman-sachs-have-made-a-lot-more-profit-after-the-financial-crisis-than-before-it/amp/
A 914-6 with flared rear fenders was my dream car as kid. Apparently the garden variety VW engines had a bit of a design flaw. The battery tray was mounted over a rubber fuel line, IIRC. I never knew anyone that this happened to, but I read about guys driving a 914 that suddenly went down on power and a glance in the rear view mirror showed a nice flame front.
I admit, I voted for Murphy for one very selfish reason and that’s marijuana (because I’m invested in the sector). But the rest of his policies are indeed outlandish and bit out of touch. Marijuana alone won’t make up for the exodus of millionaires. And that’s IF he can even get it done.
It seems like anything air-cooled is ridiculously priced now, even 912’s. Singer does some beautiful work.
I was talking to a friend about the 914. Prices are going through the roof on them. You couldn’t give them away in the 90’s. My view is that Singer and Co have run out of 911s to RestoMod, so they are moving on to these.
Happy 4/20
https://www.washingtonpost.com/news/post-nation/wp/2018/04/19/420-cannabis-cup-so-cal-is-denied-marijuana-permit-by-san-bernardino/?utm_term=.7fcd44842600
Ex, still have my 06. Made the mistake of buying new. Was toward the top of my budget, should have gone a used turbo instead.
Or, and I seriously looked at this car and passed because it wasn’t a soft top, the Ford GT. Those damn things are $250k now or better. The first model year had leftovers…….they were discounting
Millionaire tax is dead. Legal rec weed is dead. He’ll get the sales tax increase after a phony debate which of course hits the middle class hardest. People are fleeing. He and lumpy shouldn’t kid themselves.
I worked the midnight to 8 shift one Summer job in the early 1980’s. It was kind of a pain. I would get out of work in Florham Park at 8AM, probably get some breakfast, stop off at the bowling alley and play some Pac-Man, then go home for a little bit, but I was taking a Micro-economics class at County College of Morris (to transfer the 3 credits back to RU in the fall). I think the class was something like 10-12:30 or so. I really enjoyed the class, btw. Great instructor, head of the department. Anyway, by the time I finished class it was now high noon and I would go home and just could not get to sleep. I would usually not fall asleep until 7PM or so. Then my alarm would go off around 11PM, a couple wacks of the snooze button, and it was back to work. I would throw down the top on my Fiat Spider and usually have to exceed the speed limit pretty good to get from Rockaway back to Florham Park, but it was always a fun, top down, summer night run at high speed. One night I was doing the run and I noticed that my gas gauge was going down crazy fast. I stopped at a red light on Route 10 in Whippany and quickly popped the hood, engine still running, to take a look. Holy crap! A fuel hose had popped out of the Weber carb and was spraying gas on the hot block, but it was only smoking, no flames yet. I quick shut off the car, popped the carb fitting back in, and continued on my way. The rubber fuel hose didn’t come off the metal fitting, the fitting came out of the carb! It held until I got home, but I was worried. My Dad gave me a small tube of anaerobic adhesive that a vendor had given him at work (dries only in the absence of air). I pulled the fitting back out of the carb, put the anaerobic adhesive on and shoved it back in. Never had a problem with it again.
Then let them leave. You act like others can’t step up and fill the void they left.
You guys are really naive. No one is going to leave a place where they are making a ton of money, just because they are paying more in taxes. Just too naive. If these people were going to leave, they would have left already. They will only leave after they are done making money. Facts!
Do you know what a million dollar or more income is? Do you comprehend it? How many locations do you really think you can make that kind of money. People just don’t get it.
All these years I wondered whey anaerobic adhesive doesn’t harden in the tube. Here’s why:
LOCTITE anaerobic adhesives: Threadlockers. LOCTITE Threadlockers are a single component anaerobic adhesive comprised of unique liquid resins that harden (or cure) to a durable solid when exposed to metal ions in the absence of air.
And what is so bad about people leaving? Densest state in the country and all I hear from conservatives that read their daily propaganda is that people are fleeing nj. Who is really leaving? I only see old people, or low skilled individuals that leave for cheaper housing. Spare me the bs.
Right, a lot of facts in your commentary moron.
Tax rate is the highest, out migration is the highest. Those are facts.
You can paper over the out migration by back filling with illegals but they do soak the system. Eventually you reach a crisis point when everyone is taking. Murphy is accelerating that timeline.
Goes on sale here in MA in July. It’s been legal to have it for a couple years now, but no legal way to buy it. I think you’re allowed to grow a certain number of plants for personal use too. When the law passed some of the medical dispensaries were giving out free seeds. They ran out quickly.
Legal rec weed is dead.
Abbott’s letter wasn’t to individuals…it was to tax paying businesses who employ thousands of people. We need them to stay.
Murphy’s initial response was weak…”we protect LGBTQ and have lots of ports so come here”.
I imagine all MA cannabis has to be grown in MA, same goes for CO, CA, etc.? Even legitimate pot businesses can’t send or receive it across state lines, I’m guessing?
Pumps you truly are a moron. Do you not think your “millionaire” class cannot just pick up and leave? You’ll see a sizable number of people become Florida residents, you’ll see others move to NY or CT or PA. NJ’s income tax code is already more favorable to families earning less than 150k than NY or even PA for that matter. NJ needs to fix it’s spending problem, needs to lock box more funds, the politicians cannot be trusted I’d prefer to see higher fees and money being spent where people need services than the corrupt government playing the rob from peter to pay paul technique. As a matter of tax policy the super progressive rate scheme is a problem, if we started at 4% like NY there would be no issue funding their ridiculous plans, I really think that without too much in the way of budget cuts we could fund our government in this state with a flat 4% tax. Unfortunately this will never happen as it would be politically unpopular but their just aren’t as many rich people to take from.
Someone needs to tell that idiot phil murphy we are not a value unless you are poor or a government worker, we pay some of the highest taxes in the country our infrastructure is falling apart, our airports look like something out of 1965, we now pay excessive tolls and fees for using roads and airports. Our port, the largest consumer goods port on the eastern seaboard cannot make a profit, why? It’s simple the government is ineffective, inefficient and also corrupt.
We need to stem the tide, we need to decrease the number of illegal aliens and poor people streaming in to the state to get a handout and we need to increase the number of rich coming in. The rich spend money, build a local economy and pay taxes. The poor don’t pay taxes and take from the system, being the first choice in the region for the poor and the last choice for the wealthy is not a winning strategy.
Yes, and it’s also consistently one of the highest earning states per capita. What’s your point? Go to a low tax state in which I make significantly less?
“Tax rate is the highest, out migration is the highest. Those are facts.”
https://www.bostonglobe.com/metro/2018/03/12/everything-you-need-know-about-massachusetts-new-pot-rules/xJE6ESBejkiKJjoGzKQytK/story.html
Lmao…sure.
These illegals are driving up the millionaire count in this state that goes up every year.
These illegals are helping to maintain the current high cost of housing in this state. ESP in northeast nj?
Please explain!
“You can paper over the out migration by back filling with illegals but they do soak the system. Eventually you reach a crisis point when everyone is taking. Murphy is accelerating that timeline.”
Why haven’t they left? How many years am I going to hear this crap before it actually happens? And if they leave, they can’t be replaced. Nj, the densest state in the country (aka most customers per sq mile and have lots of money to spend), is just going to become a barren waste land of no business? Sure, I call bs on the bluff!
“Pumps you truly are a moron. Do you not think your “millionaire” class cannot just pick up and leave? You’ll see a sizable number of people become Florida residents, you’ll see others move to NY or CT or PA.”
“A government is the most dangerous threat to man’s rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.”
― Ayn Rand
Amen. I’m anxious to read here books.
Exactly what happens in red states that cut taxes for the rich and pay for it through cuts to social programs like education. Robbing peter to pay Paul, but you only see it one way.
“I’d prefer to see higher fees and money being spent where people need services than the corrupt government playing the rob from peter to pay paul technique.”
“I worship individuals for their highest possibilities as individuals and I loathe humanity for its failure to live up to these possibilities.”
― Ayn Rand
In other words, just breathing and expecting handouts is a waste of a life. This is basically the liberal mentality; to be fed and cared for. That’s why liberals are so angry.
“There is no such thing as a lousy job – only lousy men who don’t care to do it.”
― Ayn Rand
The liberal louse and moocher mentality.
Pumps you are right the millionaire class cannot normally pick up and go to Texas or Florida unless they are old. But it is about regional competitiveness, also it seems middle class jobs are evaporating in NJ companies keep relocating to the south for a lot of back office work. The economy in this state is in a weird place and if we don’t start replacing the good middle class white collar jobs that are disappearing Wayne will look like Paterson in 20 years. And when you say it cannot happen I’d like to show you Detroit, the same bad policies and idiocy that Murphy spouts destroyed a once vibrant Detroit in approximately 30 years. I can show you abandoned mansions and large upper class homes that once housed auto company executives in neighborhoods once thought to be quite posh. There used to be abandoned skyscrapers in downtown detroit, that at least now are being redeveloped thanks to a recovery that is taking hold as a result of the republican governor in MI passing more business friendly laws and tax structures.
Progressive policies don’t work because they can only be implemented at the tip of a sword, otherwise they only ensnare those who cannot leave, people do not willing give up the fruits of their labor. Policies designed to aid the poor usually only end up creating more poor or ensuring the poor remain poor. Obama spoke out against the right to work laws in MI but at the end of the day a strong auto workers union in MI just means cars are built in TN or worse mexico.
I’m jealous. I don’t know why, but a couple years ago I just suddenly started imagining myself in a not too flashy, silver 911.
Ex, still have my 06. Made the mistake of buying new. Was toward the top of my budget, should have gone a used turbo instead.
Define a liberal:
“I can accept anything, except what seems to be the easiest for most people: the half-way, the almost, the just-about, the in-between.”
― Ayn Rand
“A vital element in keeping the peace is our military establishment. … In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military–industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist.”
President and 5 star General Dwight D. Eisenhower in his Farewell Address on January 17, 1961.
Same vein, right Eddie? If you want to bend to Ayn then follow the whole thought process through.
When David Tepper left, the state lost hundreds of millions of dollars in tax collections.
“New Jersey relies on personal income taxes for about 40 percent of its revenue, and less than 1 percent of taxpayers contribute about a third of those collections, according to the legislative services office. A one percent forecasting error in the income-tax estimate can mean a $140 million gap, Haines said.”
https://www.bloomberg.com/news/articles/2016-04-05/tepper-s-move-may-affect-new-jersey-budget-forecaster-warns
The regular shlub chugging coffee in the morning to get to work and pay their 30 year mortgage is not the person leaving. They are the one yelling at the Governor begging him not to chase his employer away.
Detroit went down for one reason. They had one giant industry that decided to ship their good paying middle class jobs to Asia. Instead of getting creative, they blamed workers wages for their downfall instead of the sh!t product they were putting out. They lost the majority of their population as they shipped the job opportunities away in the name of bs. Since the majority of the population was gone, how could they maintain their society?
Nj is not Detroit and will never be. Besides, they will rise again, and it’s not because of republican policies. If you want to credit republican policies in this case, then acknowledge blue state policies as supreme as blue states destroy red states when it comes to the economy.
11:32 It’s a slow race to the bottom. I used to see the folks that would line up for events at the local high school where we used to live. Nothing but tired looking folks with neck tattoos and tinted windows. Jersey is plunging headlong into the creep of urban blight. There is only so far West you can move in NJ to avoid it and not end up in the boondocks. I’ve said it before Pumps but we are spending 1 thousand dollars LESS per month total cost in NJ for a house with twice the square footage, twice the ratings in schools, a pool, etc etc….reason? taxes.
I can’t wait until Pumps is the richest guy (left) in NJ.
Pumps what don’t you understand, as it sits right now regionally our taxes are in line with NY and even CT, even PA you won’t get a tax cut until your income is more than 500k. Even still all of these states see a wind down among older people who eventually declare a different tax residence. If NJ unilaterally increases taxes on the wealthy while NY(who recently moved their highest bracket to 2m, think about that why would they do that?) doesn’t, you will see migration. I can pack my bags tomorrow and move to Westchester, LI or Rockland county, they are practically the same kind of place I live today, not a whole lot changes. people will pay a few dollars more than the alternative to avoid moving but as soon as it becomes significant, people stop complaining, the resentment grows and people eventually move.
Hey Lib – costaricarealestatereport.com and crrereport.com are available!
11:08 Engine fires happened with the VW buses as well. The first thing the smart owner did was replace all the lines with steel braided ones. No the real reason 914’s were terrible was the rust. They literally rotted as they sat with those nice Karmen bodies.
Cali is not cheaper than jersey and tattoos have gone mainstream.
Tonight, tonight the strip’s just right
I want to blow ’em off in my first heat
Summer’s here and the time is right
For racin’ on Pumpkn’s street
Bystander,
Apples and oranges but good try.
Jcer,
I have lived in jersey my whole life. Since the 90’s, all I have ever heard from conservative family members and friends, millionaires are fleeing this state. I’m still waiting. Almost 30 years now. Guess I’ll keep waiting. Was hoping they would leave by now so I can scoop up cheaper housing, but they never leave. Houses just keep going up.
Maybe some of this stuff too? My guess is that battery acid can make it’s way through the braids? I had an Irish boss once who used to profess belt and suspenders is the safest bet.
11:08 Engine fires happened with the VW buses as well. The first thing the smart owner did was replace all the lines with steel braided ones. No the real reason 914’s were terrible was the rust. They literally rotted as they sat with those nice Karmen bodies.
Whoops, forgot the link:
http://www.autoatlanta.com/Porsche-914-Battery-Tray-srch.html
Pumps you are an idiot Detroit never shipped anything to Asia, they were beaten by the Asians because they were caught flat footed by the oil crisis in the 1970’s which allowed small foreign autos to enter the market with a lot of success. MI and it’s auto industry is still relatively strong in some areas and in terms of automotive design and engineering there is still a considerable market there. Detroit had extreme difficulty competing and was putting out mediocre products largely because they were inflexible and so much of this was driven by union culture. Furthermore it was the city of Detroit and not MI as a whole that really took a beating, Detroit is like Newark in that it is surrounded by rich suburbs, checkout bloomfield hills or grosse point. My point is Newark should be outpacing Detroit in it’s redevelopment and it isn’t, MI had a good work force(business people, engineers, logistics people, etc) as the auto industry shrunk those people were left unemployed, reducing business taxes made it attractive for companies to come in and provide that skilled workforce with jobs. Those people are now spending money and downtown detroit is staring to show signs of life again. Without the businesses coming in it’s dead and outward migration is huge as people need to move to states like Indiana to get jobs. While it is not a zero sum game regional competitiveness is huge, if your taxes are higher businesses can move and within a region once it gets to the point that the money is significant the jobs move end of story.
NJ is becoming bifurcated, so if this continues the state will look like mexico with tons of poor people and a rich elite.
Pumps – I’m shocked! Shocked, I say!
I have lived in jersey my whole life.
Ha ha
I know people who are making a living helping new expats settle down there cheaply and smartly.
Tired middle aged people on my train again this morning as we chugged into decrepit dirty Hoboken Terminal. And the homeless are back too. Yeah high taxes for all of this! Murphy is a moron. The decline of what was once a good state with reasonable taxes continues.
Wait, just wait. So if we lowered govt employees pay to 30,000 a year, killed off our education system, and gave the rich and their businesses a pass on the bill by giving them the lowest taxes in the nation, this will make nj great again?
Only people that will continue to live here are the rich….too bad no one will work for them except the losers that will not leave.
Nothing rotted so quickly as a Chevy Vega. Vegas rusted in a peculiar way. They rusted through the top of the front fenders, right adjacent to the hood panel gap. A couple years ago I found out why. It was GM comedy of errors. First, they dipped the entire unibody, front fenders already on, in giant tanks of primer. Then they were painted afterward. Another factor was that their was a late penny-pinching delete of the intended plastic front fender liners. Here’s what went down:
1. Air pockets formed in the primer tank at the highest point in the fenders, they received no primer.
2. The inner fender wells were painted black, but the “way up underneath” was never primed because of the air pockets.
3. With no plastic fender liners the front tires continually “sand blasted” the fender wells.
4. Add in Winter salt and the fenders were rusting from underneath in year one. By year 2 or 3 the paint on top of the fenders started to bubble and by year 4 rust was coming right up through the top of the fenders.
That’s just one example of what a clusterfu.ck that car was. It was also the first car designed by GM corporate instead of one of their divisions.
They literally rotted as they sat with those nice Karmen bodies.
“Mazda is probably Japanese for POS.”
Mazda’s knock on reliability is completely based on their rotary engine. Sadly, the components needed to make the brushes more durable simply didn’t exist 40 years ago when they were hellbent on making it work. Today, someone should embrace the rotary engine again as it could probably be made reliably and it’s way, way, way more efficient than a “V” or a straight. Unfortunately, no one will ever forget the damage it did to Mazda’s rep, so it won’t happen. Before 2017, Consumer Reports had rated Mazda with higher reliability than every other Japanese car marker besides Lexus. Not sure why they slipped down to 12th from 6th last year, but our two cars have a combined 140K without a single repair. Lots of recalls, but no repairs.
Pumps how many Florida license plates do you see in rich areas? My mother lives in palm beach county, FL how many of hr friends and neighbors down there do you think are from here. I think it’s something like 90% of the people in their community are from NJ, NY(Westchester or LI), and CT, how many still own homes in their old states, nearly all and a good percentage still have some business activity in their old home states all spend approximately half the year in their old states.
These people are rich not merely high income, they have considerable income from assets and moving to FL even on paper is worth it. My accountant and tax lawyer team I use are big on promoting this service and it is a growing part of their business. When my mother asked about weather of or not it was worth doing after seeing the kind of record keeping she’d have to do in the event they need to mount a defense and they said it was a non-question the tax savings was big so it was definitely worth it and as long as she keeps the records NJ has zero chance of prevailing in any proceeding. If Murphy raises taxes on people like this how many do you think will make these types of arrangements?
Tell them to leave and give up the jobs to the youth. Why don’t we start with you?
3b says:
April 20, 2018 at 12:25 pm
Tired middle aged people on my train again this morning as we chugged into decrepit dirty Hoboken Terminal. And the homeless are back too. Yeah high taxes for all of this! Murphy is a moron. The decline of what was once a good state with reasonable taxes continues.
“Told ya it had more appeal to the single family buyer looking for additional income or entry into Montclair.”
That’s always been the case, though it’s still a pretty smart move for someone who want to do the owner occupied thing.
30 year mortgage > 140K down > mortgage w/escrow = $4,000.
$2000 rent upstairs and you get the downstairs unit for $2,000 month rent, but you are paying your own mortgage. You get amazing tax write-offs too. Save the excess and buy your own place in 5 to 10 years.
Nah. No one is that smart. They all would rather pay $4,000 a month for their OWN place, not save a penny and make their kids take out college loans which they’ll still be paying off long after your dead.
What do they all have in common? Old. Also, if this area is so bad, why don’t they live there full time? Why do they simply take advantage of the system their lobby dollars created. A way for people with way too much money than they know what to do with to get out of paying their share of taxes.
What’s crazy, they can afford to purchase and maintain a property in another state for the sole reason to get out of taxes. Can’t afford taxes, but can afford to maintain multiple properties, pay a high cost lawyer, accountant, and pay lobby dollars to get out of paying taxes. Sociopaths. No care for anyone, but themselves.
JCer says:
April 20, 2018 at 12:36 pm
Pumps how many Florida license plates do you see in rich areas? My mother lives in palm beach county, FL how many of hr friends and neighbors down there do you think are from here. I think it’s something like 90% of the people in their community are from NJ, NY(Westchester or LI), and CT, how many still own homes in their old states, nearly all and a good percentage still have some business activity in their old home states all spend approximately half the year in their old states.
Wait till you see Newark in 10 years.
Also, Detroit got lazy with their product. Blaming the union for a sh!tty product is lame, but I expect that from the executive class. It’s never their fault.
“Detroit is like Newark in that it is surrounded by rich suburbs, checkout bloomfield hills or grosse point. My point is Newark should be outpacing Detroit in it’s redevelopment and it isn’t, MI had a good work force(business people, engineers, logistics people, etc) as the auto industry shrunk those people were left unemployed, reducing business taxes made it attractive for companies to come in and provide that skilled workforce with jobs.”
Turd, baked into that assumption is 100% occupancy and no tax increase after the sale. Dubious assumptions.
Pumps just pointing out your theory of the young moving to the suburbs in droves has not happened yet. Don’t blame me blame yourself, you are the one that believes high housing prices and hight property taxes are great. I on the other hand do it. If you want to start with anyone leaving it should be yourself you take up a lot of spca and add no value. That is assuming you are even gainfully employed with all the time you spend here one does wonder.
“Turd, baked into that assumption is 100% occupancy and no tax increase after the sale. Dubious assumptions.”
Not so dubious, to be explained by Stubious.
The rental increases will cover the tax increases. I have not had a single day of vacancy (no lying) since I bought it 14 years ago except planned vacancy for upgrading and that was 2 weeks. Rental demand near the train station is the reason it’s easy to keep filled. Though I will add. The higher the rents have become. The shorter the tenant stays have become. As a landlord, the changeover periods are by far the most time consuming and annoying parts to owning a rental.
12:10 – not to mention no utility bills…all solar.
Neck tats have a way to go before they are mainstream
I’m talking 3-500 monthly tax increases. It looks like most other places selling in the area are closer to 20k taxes. I wouldn’t be nearly as optimistic about the occupancy or tax situation if I weee looking at it as an investment.
Show me a place where all 20 somethings have a high paying job. Most don’t start an actual career till late 20’s or early 30’s. Get with the times.
Can’t believe you actually think young adults are in high paying jobs in their 20’s. Dream on, this isn’t the 1950’s!
3b says:
April 20, 2018 at 12:55 pm
Pumps just pointing out your theory of the young moving to the suburbs in droves has not happened yet. Don’t blame me blame yourself, you are the one that believes high housing prices and hight property taxes are great. I on the other hand do it. If you want to start with anyone leaving it should be yourself you take up a lot of spca and add no value. That is assuming you are even gainfully employed with all the time you spend here one does wonder.
Yes, 20 something’s are buying in Bergen county and starting a family with their high paying job in the city. Are you insane? They do this in their mid to late 30’s. That’s why there are middle age folks on your train Einstein.
If you are not a skilled blue collar worker, not a Fortune 500 company employee, and not a successful small business owner, you are royally screwed. Good luck even making more than $20/hr.
Pumps myself all my friends siblings cousins etc we were all able to buy houses in our mid twenties and we had good jobs that afforded us the ability to do that. And most of us had stay at home spouses. That’s gone now! There you go Einstein!!!
3b is right about the stay at home spouses. That’s been gone for quite some time. Only couples I know with that set up now own small businesses. Other than that, everyone’s workin’
So why are you questioning why there isn’t 20 something’s on your train commute from Bergen to the city? You just answered it yourself.
nwnj,
Point taken. But if I threw in Gator’s tax fighting services for ten years, it would stay low.
Again, it’s not the “Brady bunch” era anymore. It takes two today to start a family and raise them in a safe town with good schools within commuting distance to the city. No one can do this in their mid twenties. Some, can do it at 28/29, or early thirties like myself. Most can’t until mid or late 30’s.
Pumps in part this is the result of your unswerving enthusiasm for high housing prices and high property taxes the twenty somethings that might want to can’t afford to. High housing prices and high taxes destroy the upcoming generations. You know it but won’t admit it. It’s your biggest fear that no one will pay what you think your over priced and over taxed house is worth.
I met her on the strip three years ago
In a Yugo with this dude from Passaic
I blew that Yugo off my back, the girl said I looked like a flake
But now there’s wrinkles around my baby’s eyes
And she cries herself to sleep at night
When I come home the house is dark
She sighs “Did the wage inflation get here tonight?”
She sits on the porch of her daddy’s house
But all her pretty dreams are torn
She stares off alone into the night
With the eyes of one who hates for just being born
For all the shut-down strangers and hot rod angels
Rumbling through our front yards
Tonight my baby and me are goin’ to Gymboree
And act like a couple of tards
Tonight tonight the highway’s bright
Out of our way mister you best keep
Cause summer’s here and the time is right
We’re goin’ racin’ on Pumpkin’s street
Pumps you only have one kid along with many others who are opting for one and done today. Less kids less future home buyers for your mansion.
sh!t
https://www.billboard.com/articles/news/dance/8358389/avicii-dead-tim-bergling
No blame on capitalism? Wtf do you think drives both taxes and housing prices up? Magic fairy dust?
3b says:
April 20, 2018 at 2:05 pm
Pumps in part this is the result of your unswerving enthusiasm for high housing prices and high property taxes the twenty somethings that might want to can’t afford to. High housing prices and high taxes destroy the upcoming generations. You know it but won’t admit it. It’s your biggest fear that no one will pay what you think your over priced and over taxed house is worth.
Looking for some opinions:
What’s your preference on lot size? We can use ratios like Sq ft of home / sq ft of lot
Noticed a neighborhood recently that had homes built in 2003 with avg interior sq ft of 2700 and avg lot sizes of 6200 sqft. Looked like you could say hi to 3 neighbors in your backyard simultaneously while grilling. Didn’t look appealing to me, but just thought the pricing was ridiculous.
Perhaps an El Salvadoran with a neck tat will step Up to buy pumps place when he’s ready to cash out. He seems to think so.
No blame on capitalism? Wtf do you think drives both taxes and housing prices up? Magic fairy dust?
Taxes? That’s easy. Legislation.
Why do the taxes need to be increased? Costs just stay stagnant? Capitalism doesn’t increase prices?
@ddale8
WASHINGTON — The president’s divorce lawyer says the president’s personal lawyer, whose home was raided by the FBI, might rat out the president to the special counsel who has charged four members of the president’s campaign, because he is afraid of being raped by black men.
@chrislhayes
I don’t golf, but I would absolutely love to take today off and just enjoy the sunshine. But like most people who are not the president, it’s Friday and I have to work.
I prefer my 6,000sf on 4 acres
no one where do you live? 4 Acres in jersey that’s a farm.
Lmao. The most corrupt pos in history – the dnc – has decided to pick up the baton on the bogus Russia conspiracy. I guess they admit defeat on the fake dossier.
Might as well add cnn and msnbc as plaintiffs.
I prefer my 37,000 sq ft house on 8,500 acres.
Justice Department Watchdog Probes Comey Memos Over Classified Information
LOL! Wait, this wasn’t supposed to happen!
Capitalism did not drive up housing prices stupid baby boomers and gen Xers did. Then they drove up taxes to fund increased spending on vanity projects because realtors told them it will make their houses worth more.
It certainly did. Competition over land that is becoming more and more scarce as the population rises. Human society has stopped spreading out, and instead has become focused in and around major cities.
1% of the population of the world is a huge number. We should use it because they buy real estate in our markets, but even if we don’t, we just base this off of our country’s population which is 3.2 million. Where do you think these 3.2 million 1%ers buy real estate? They buy multiple properties in their favorite cities in the best locations. They compete against other 1%ers driving the price up to levels impossible for 99% of the population to participate in. Now the next group buys in the next market down from the 1%. Let’s say the 5%ers, which are your affluent towns. They drive up the price in that market, and so on.
Now trying to paint a picture for you. Point is, as the population rises, so does the amount of 1%ers there are, and so does the amount of wealth they hold. With real estate hyper focused in and around a few select cities, there not making anymore land. So it’s no wonder as the 1%ers and 5%ers grow in population and wealth holdings, that they will acquire and bid up the land in these locations (Aka gentrification).
This is capitalism buddy. Money competing over a product that is in limited availability. What your small brain can’t phanthom is how much northeast nj and shore property will cost in the future as these groups grow in power and wealth and take control of these properties.
People think sf real estate can be fixed with more housing? Hahaha.
That Vancouver will bust…..dream the fu’k on and understand the dynamics at play. Stop looking at avg incomes for the area as justification in price when multiple properties are picked up by one individual with a crapload of money.
Capitalism baby.
Real estate is a function of demand and supply. Demand outstrips supply and prices go up. Price though are a function of the wealth of the people in the market and the credit available. I think Vancouver might well bust because the impetus and distortion in the market is offshore money from the Chinese. The wages in that market and of course corresponding rents show that the pricing is not sustainable for the actual residents of that city, you have Chinese looking to hid their money.
Capitalism my arse. Which one pumps the regulated one for the rich or the one you want to see for all??
Jcer problem is lots of people are stupid when it comes to real estate. For instance someone I know spent 100k for a kitchen remodel about 10 years ago. He said it was a lot but he would get that money all back when they sell in 20 years!!!!
3b,
I assume you were decent enough not to comment on their idiotic decision. It’d be so hard not to explain how ridiculous that approach was for a kitchen remodel – to hopefully save them from future bad decisions.
Wow. TNX closed at 2.95. hmmm.
3b
If that couple waits 50 years their kitchen will be retro.
I’m getting some quotes for driveway “upgrade” and a new walkway. The existing Asphalt is about 1400 sft, and will be extended and widened for a total of ~ 2000sft. The existing walk way will be ripped up (it’s concrete slabs now) and replaced with Cambridge pavers. Since we are at it, adding Belgian blocks raised edging on the 110ft driveway on both sides as well as the walk way. The new walk way will be about 400 sft of pavers.
This is in Central Jersey. What do you guys think is a fair price for all this work? Nobody seems to do both Asphalt and masonry, but I got one guy who subcontracts the Asphalt work and he’s the guy I write the check to.
What’s a fair price for all this work? labor + material?
JCer, the Vancouver housing bust call is 30 years old. Most haters have stopped calling for a bust because they have been wrong for decades. Just as Sam Zell has stopped appearing on shows to profess a recession is imminent after being wrong year after year for many years.
Long live Hudson County real estate value gains.
https://globalnews.ca/news/2444980/this-1989-documentary-on-asian-investment-in-vancouver-shows-how-little-has-changed/
I did not comment. Can t reason with stupidity.
Hold good point!
@CalvinHarris
Devastating news about Avicii, a beautiful soul, passionate and extremely talented with so much more to do. My heart goes out to his family. God bless you Tim x
Shabbat Shalom f’ckers
“I love the way that Ayn Rand rebuttal of the leftist worldview has inspired a cottage industry generating ad hominem attacks against her ”
I always find it funny that the Rand heads always claim Ad Hominem when someone brings up the fact she was a classic Moocher. At least William Mooch had a real job running the Planning board. The ultimate irony is that her life is a perfect juxtaposition for her books. She would never had made it to the Gulch.
She was a Welfare Queen, own it and stop trying to deflect it.
We’ve spent an awful lot of time talking about Ayn Rand on this board lately.
Wow, crazy post total today.
Had me fired up today. Feel like five years ago, when I could barely keep my eyes open due to my participation level on this blog and juggling work/life. Every second counts!
Clot, come back! I miss the daily insults.
Chi, you puzzy! You haven’t insulted me in a while, I hate quitters! Get back in the debate.
Joyce, get off your high horse and insult my grammatical mistakes you perfect writer, you!
Nom, stop spending so much time with your family, you have better things to do like insulting pumpkin.
Lib, the no sale is a blessing in disguise. Wait till next decade boom cycle. Still my fav poster, but jcer catching up.
Fast, real estate 101 says hi!
3b, you are good guy, but stop hating on jersey so much. You still have too much of that New Yorker in you. My dad curses nj till this day.
Cali- I’m sure you are a cool dude to have a drink with.
Jcer- I respect the debates with you. Honestly, do. Thank you.
Juice- Are you still alive? Too cool!
Nwnj and defense- give Murphy a chance!!
Expat- pumps loves you!
Otto and fab- keep up the good fight!
How did I forget blue…
I appreciate the service you do for society…thank you for the intelligent debates.
Hey Grim, not sure if it’s been posted yet but here’s a shout-out to Silk City on Baristanet:
https://baristanet.com/2018/04/baristanet-profile-rashaun-hall/
Pumpkin, are you planning to jump off a bridge or something?
Pumps,
I am so saddened I didn’t make your list. I was looking forward to sitting in lawn chairs in your driveway with you one day this summer and waving at the cars speeding past.
Hold,
Did not mean to leave you out..
Like Cali, I prob could see myself drinking a beer with you. Although, your fetish with turds 💩 is a little scary.
Lefty,
I didn’t forget about you either baby. I’m sorry I’m such a prick on here, honestly we prob have a lot in common and would get along. I’m in your similar position 12 years ago. Thinking about getting a Porsche or m3 or higher. Just want that pure German performance, fu!k the luxury at this age, all about the performance! Bmw kills it in this category, although they are due for a major upgrade as they have milked current generations. They are so fun to drive.
Porsche fun to drive?
All of today Pumps posts were like those annoying links in the middle of the article you are reading, trying to steer you somewhere else. If you just scroll past The Great Pumpkin says:, it is still a readable and relevant blog.
Hillary Clinton on Election Night: ‘They Were Never Going to Let Me Be President’
I guess if she’s talking about voters, she is absolutely right…for once.
https://www.thedailybeast.com/hillary-clinton-they-were-never-going-to-let-me-be-president?ref=home