Home rule crippling NJ’s future

From NJ Spotlight:

THE CHALLENGE FACING NEW JERSEY’S SUBURBS: ‘ADAPT IN ORDER TO SURVIVE’

Could suburban communities really empty out if officials don’t plan better to meet the demand for vibrant, walkable neighborhoods?

If recent population settlement patterns continue, and local officials do not change their planning patterns, some of New Jersey’s suburban communities could find themselves approaching ghost-town status, with few residents, many vacant houses, and countless empty stores.

So far this decade, population growth in urban areas in north Jersey has outpaced that of suburban areas, with Hunterdon, Monmouth, Sussex and Warren counties actually losing population between 2010 and 2017, U.S. Census data shows. The reason, according to many experts in planning and demographics, is because many people — including young millennials and aging baby boomers — want to live in vibrant places where they can walk to restaurants and recreation. Those McMansions on multi-acre lots that are a car ride away from everything in many suburbs largely have fallen out of fashion.

“The challenge for the suburbs of New Jersey is that they must adapt in order to survive,” said James Hughes a Rutgers University professor and dean emeritus of the Edward J. Bloustein School of Planning and Public Policy, as he set the scene to open a forum last week on the topic.

Titled “Future of the ‘Burbs: Retrofitting and Repositioning for the 21st Century,” the discussion last Thursday at the Bloustein school featured a national expert giving examples of ways to revamp old offices parks and malls into more attractive, walkable neighborhoods, as well as a panel of New Jerseyans talking about how difficult it will be to make similar changes here.

“Our biggest problem is a lack of educated leadership,” said Carl Goldberg, a developer who is co-chair of the executive committee of the Rutgers Center for Real Estate. Goldberg built four major mixed-use projects in the center of Morristown that have helped its revitalization. But when he approached other communities with similar plans, he said, “I can’t tell you how many dozens of mayors won’t even open the door. That’s the horror of home rule here in the state of New Jersey and why it is really crippling the future.”

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

120 Responses to Home rule crippling NJ’s future

  1. Yo! says:

    Latest house price stats are out. Big range is performance. Year to date through July, Hudson +16.5%, Salem -14.6%.

  2. leftwing says:

    Posted this to an empty forum on the weekend.

    KB Homes reports earnings tomorrow. Any thoughts?

  3. The Original NJ ExPat says:

    lw – You were looking for short candidates last week, right? Maybe KBH is a good choice. Also try LB, XRAY, and SIG if you want high liquidity options for shorting. I’ve been a trend follower for years. If I want to go shot, I look for something that’s already beaten down and destined to go lower. I miss the good old days when you could really “know” a stock. 20+ years ago I used to short EDS every time it got above 65. I was very intimate with the inner workings of the company. I could never bring myself to go long when it hit got back into the 50’s, but it always seemed to come back up, except for the last time when it dropped down to 35 or so. HP absorbed them a long time ago. There was also a time 15+ years ago that I used to short AAPL, if you can believe that. I only lost on my very last time, but I bit the bullet and got out with my shirt. Ever since 2009, I rarely short anything, and if I do, it is for no more than days.

  4. The Original NJ ExPat says:

    ^^^ I might buy TBT every now and again to short or hedge long bonds.

  5. xolepa says:

    Hunterdon lost population because the baby boomer offsprings grew up, went to college and decided that the NJ taxes are too high and punishing. Also, this thing about easy access to restaurants and recreation is just pure BS…Where in Hudson county do you have recreation? As for easy access, it takes a shorter time here to drive to the stores because there are no traffic lights and stops to deal with. A 5 mile drive locally takes 7 minutes. How long will it take to go 1 mile across a city? We saw this situation in Quincy Mass. Vibrant city/town with no recreation and almost 24 hour gridlock

  6. The Original NJ ExPat says:

    I also tend not to buy anything within 10 days of earnings announcements. I will, OTOH, sometimes buy a stock that gets over-punished on an earnings miss or negative news, and then flip it not too long after. Similarly, I might sell a holding if it jumps 8-12% on a great earnings announcement.

  7. The Original NJ ExPat says:

    I lived in Quincy for about 3 years, worked there for 4. There are some nice/OK places to eat and shop, but it’s real value is the Red Line into Boston and Cambridge. You should check out their 20 year master plan. They’re building it into a metropolis. I’m just not sure if it will be a Boston-type metropolis or a Camden-type metropolis in the end.

    Re:Hunterdon population loss – Those kids must have had help from their parents to graduate debt-free, so they have the flexibility to move out. Also, kids don’t drive and who wants to Uber around Hunterdon?

    Hunterdon lost population because the baby boomer offsprings grew up, went to college and decided that the NJ taxes are too high and punishing. Also, this thing about easy access to restaurants and recreation is just pure BS…Where in Hudson county do you have recreation? As for easy access, it takes a shorter time here to drive to the stores because there are no traffic lights and stops to deal with. A 5 mile drive locally takes 7 minutes. How long will it take to go 1 mile across a city? We saw this situation in Quincy Mass. Vibrant city/town with no recreation and almost 24 hour gridlock

  8. The Original NJ ExPat says:

    BTW, Do you know who loves living Quincy? Asians and cops. Also people who grew up in Dorchester that think Quincy is “Movin’ On Up!”

  9. Xolepa says:

    NJ X:

    Funny, my uber-liberal son and DIL who lived in Quincy (they sold and moved out in July making a killing on their house, BTW) thought that their neighborhood was not diverse enough! Their house backed up to the Milton border. And yes, some policeman and govt workers did live closeby.

  10. The Great Pumpkin says:

    Wrong. Think about when Hunterdon took off. What was there before? Nothing. Hunterdon developed based on demographic spending patterns at a time when suburban sprawl was the “it” thing to claim what buyers thought was a good value in price of land. The demographic spending pattern I refer to was when baby boomers were going into the peak earning/spending years of their career. Like lemmings, they all built their dream house (not anything close to affordable starter homes) on huge vacant pieces of land.

    Now you expect a generation that had their starting careers pushed out by 10 years (starting careers in 30’s) to supply the massive demand created by boomers that want to sell houses where there are no jobs? Remember, boomers didn’t worry about the commute because they were almost done with their careers when they began to purchase in these areas. So now you expect 30 something’s to live that far out from their job for the next 30 years and on top of that, purchase expensive dream homes (aka McMansions) as their first home?

    People like me that could afford it have decided to buy their homes much closer in places like Wayne. You think grim and I are anomalies? Blame taxes all you want, or understand what I have tried to express to you in this post.

    xolepa says:
    September 24, 2018 at 9:27 am
    Hunterdon lost population because the baby boomer offsprings grew up, went to college and decided that the NJ taxes are too high and punishing.

  11. The Great Pumpkin says:

    And hunterdon will probably make a comeback in time. You have to wait for current millennials to grow their career and family and drive up the land prices closer to nyc Once they go looking to sell and upgrade, they very well might follow in the exact steps of the previous boomer generation.

    Demographic spending patterns matter people.

  12. Libturd...look me up in Costa Rica says:

    I drove out to Bethpage yesterday for a hockey game. The conversion of North Jersey into the Bronx and Queens is well underway. We got to get outta here.

  13. dentss says:

    Want to know why ever one loves home rule .They don’t thrust the politicians . Once they get their way …it’s off the races with our taxes…it’ll never happen

  14. Libturd...look me up in Costa Rica says:

    Everyone loves home rule, cause they think their sh1t don’t stink.

  15. NoMoreWinter says:

    The largest segment of the housing market has peaked and will no longer contribute to the US economy’s growth, according to US economists at Bank of America Merrill Lynch .

    “We are calling it,” the team led by Michelle Meyer said in a research note on Friday. “Existing home sales have peaked.”

    Sales of existing US homes make up 90% of all transactions and recovered faster than the market for new homes after the housing crisis a decade ago. However, sales have failed to top the level of 5.72 million homes reached in November. To Meyer, that was likely the high watermark.

    “The peak in existing home sales can largely be explained by the decline in affordability,” Meyer said.

  16. 3b says:

    Lib it’s happening in Paramus and River Edge as well. The new apartment complex will be the tallest residential building in town. It’s being marketed as luxury rental it’s sort of walking distance to train and a strip mall, Mc Donald’s and a gay bar. The apartments will have small terraces overlooking Kinderkamack rd an incredibly busy county road and also overlooking apartments on the other side of the street built after world war 2. The development in Paramus by garden state mall is well underway and dominates the skyline. It’s right off the entrance to 17 north and south! Already horrible traffic and now worse. Another 600 are under construction at the end of Kinderkamack as it feeds into Hackensack on the site of the old county D PW. And another 140 units in New Milford starting in the Fall. Plus 5 more projects approved for Paramus. Bergen county will be a city. No stopping it!

  17. 3b says:

    Lib lots of apartments under construction or soon to be in River Edge, Paramus, New Milford, Dumont, and Hackensack. Construction already under way for many of them. And more to come. Welcome to the City of Bergen.

  18. chicagofinance says:

    The beginning of the end…..

    NoMoreWinter says:
    September 24, 2018 at 10:38 am
    “We are calling it,” the team led by Michelle Meyer said in a research note on Friday. “Existing home sales have peaked.”

  19. Fast Eddie says:

    I drove out to Bethpage yesterday for a hockey game. The conversion of North Jersey into the Bronx and Queens is well underway. We got to get outta here.

    Disgusting, isn’t it? It’s terrible how we need to fight to hold on to a way of life we loved and enjoyed growing up here. The riff raff is seeping in from every crevice and sullying the quality of life. We’re moving from the European influence that built this country to some third world shith0le foot print. It’s sad.

  20. Fast Eddie says:

    Why hasn’t the “Me Too” movement gone after Bill Clinton? When will these women step forward?

  21. Comrade Nom Deplume (it's pronounced "Quin-zee") says:

    “The Original NJ ExPat says:
    September 24, 2018 at 9:42 am
    BTW, Do you know who loves living Quincy? Asians and cops. Also people who grew up in Dorchester that think Quincy is “Movin’ On Up!”

    Oh God, so true. I lived in Quincy for a few years while working at State Street and know it all too well.

  22. Libturd...look me up in Costa Rica says:

    Expat,

    Check your email. Costa Rica airfare dropped to $368 round trip non-stop from Newark. I really want to nail this price

  23. 3b says:

    Fast according to the left Monica Lewinsky was a consenting adult!!

  24. 3b says:

    Welcome to the City of Bergen.

  25. 3b says:

    35 Houses for sale in my town. That is high for late October. Just saying.

  26. Comrade Nom Deplume, who denies that he has seduced anyone says:

    “Fast Eddie says:
    September 24, 2018 at 11:31 am
    Why hasn’t the “Me Too” movement gone after Bill Clinton? When will these women step forward?”

    I had feared/expected that #metoo would be weaponized. It had long been weaponized on a micro scale to get settlements, but now it has been turned into a way to undo elections, appointments and hires. And while not a conspiracy because there is no concertd effort, there is a seeming movemetn to use this as a tool to get men out of high places with the expectation that women will fill those voids.

    And look for the right to ramp up its own opposition research efforts here. The result will be gridlock with virtually every man (and a lot of women) of note being subjected to this. And not just Weinstein/Cosby stuff but virtually every episode of an unwanted advance, off-color joke, catcall, or wandering eye has been elevated to the level of “harassment.” In the end, it will cheapen the brand, just as the constant use and overexpansion of “racism” has made that claim all but meaningless. And the prospect of a professional death penalty for any long-forgotten episode from a bygone era will fundamentally change how men and women interact, and I cannot see women coming out ahead here.

    I am giving thought to coming up with something to capitalize on this. Stay tuned.

  27. chicagofinance says:

    Got Chappaquiddick?

    Fast Eddie says:
    September 24, 2018 at 11:31 am
    Why hasn’t the “Me Too” movement gone after Bill Clinton? When will these women step forward?

  28. The Great Pumpkin says:

    Peak sales is the call, not a bubble bursting or drop in price. Lots of people staying in place because of low rates or building ammo for a house they really want as opposed to just settling for whatever they could afford.

    Demand for housing is there. Demographics are at play. Again, the building of inventory has not kept up with demand at all. This is what matters to me. House prices are not dropping anytime soon in north jersey.

    NoMoreWinter says:
    September 24, 2018 at 10:38 am
    The largest segment of the housing market has peaked and will no longer contribute to the US economy’s growth, according to US economists at Bank of America Merrill Lynch .

  29. chicagofinance says:

    The Call is “the beginning of the end”………. not the middle, not the end of the end….. this step is the first thing that happens……

    The Great Pumpkin says:
    September 24, 2018 at 12:02 pm
    Peak sales is the call, not a bubble bursting or drop in price. Lots of people staying in place because of low rates or building ammo for a house they really want as opposed to just settling for whatever they could afford.

    Demand for housing is there. Demographics are at play. Again, the building of inventory has not kept up with demand at all. This is what matters to me. House prices are not dropping anytime soon in north jersey.

    NoMoreWinter says:
    September 24, 2018 at 10:38 am
    The largest segment of the housing market has peaked and will no longer contribute to the US economy’s growth, according to US economists at Bank of America Merrill Lynch .

  30. chicagofinance says:

    When the individual home equity printing press stops, it jars the mentality of the consumer…..

    If the banks respond in the next 6-24 months…….. recognize it….

  31. The Great Pumpkin says:

    Yes, will impact amount of sales, not put any significant downward pressure on price. If they lower current prices, ton of support to pick it right up. Almost no chance of prices going significantly lower. I repeat, almost no chance.

    “The peak in existing home sales can largely be explained by the decline in affordability,” Meyer said.

  32. chicagofinance says:

    But, but, but that was a different time in America….. things are different now…. oh you mean different than (alleged) 1982?

    chicagofinance says:
    September 24, 2018 at 11:57 am
    Got Chappaquiddick?

    Fast Eddie says:
    September 24, 2018 at 11:31 am
    Why hasn’t the “Me Too” movement gone after Bill Clinton? When will these women step forward?

  33. chicagofinance says:

    Real estate prices are sticky…. they generally will not go lower….. but volume will dry up….. I agree “Almost no chance of prices going significantly lower”….. but prices don’t have to go lower to screw everything up…..

    The Great Pumpkin says:
    September 24, 2018 at 12:07 pm
    Yes, will impact amount of sales, not put any significant downward pressure on price. If they lower current prices, ton of support to pick it right up. Almost no chance of prices going significantly lower. I repeat, almost no chance.

    “The peak in existing home sales can largely be explained by the decline in affordability,” Meyer said.

  34. The Great Pumpkin says:

    Jobs and the economy are doing great. So why would this be the beginning of the end? Could be a little blip on a ten-twenty year trend of a market going up. Remember, American real estate prices are still very cheap in comparison to the rest of the world. There is also an enormous pipeline of buyers (millennials) coming into the market over the next 10 years.

    chicagofinance says:
    September 24, 2018 at 12:04 pm
    The Call is “the beginning of the end”………. not the middle, not the end of the end….. this step is the first thing that happens……

  35. The Great pumpkin says:

    I agree with this sentiment.

    Remember, in my calls I always said there was a chance for a little recession in 2019, but if it does happen, should be quick and provide a great platform to launch the roaring 20’s 2.0 off of.

    chicagofinance says:
    September 24, 2018 at 12:09 pm
    Real estate prices are sticky…. they generally will not go lower….. but volume will dry up….. I agree “Almost no chance of prices going significantly lower”….. but prices don’t have to go lower to screw everything up…..

  36. leftwing says:

    “I also tend not to buy anything within 10 days of earnings announcements. I will, OTOH, sometimes buy a stock that gets over-punished on an earnings miss or negative news, and then flip it not too long after.”

    Me too. Too expensive to buy beforehand. Get the over reaction. Made good money on FDX last week on its bounce.

    On the other point, I have one stock where I’m in that multi-year ‘zone’. Nice when that happens. Seven open option positions, including two today on the downdraft. Waiting for a little bump to sell some premium and then I’m set there for a week or so.

    TY on the short thoughts.

  37. chicagofinance says:

    OOOPS! Do these people understand it weakens Dr. Ford’s standing? ….and creates greater certainty for the 2-3 swing senators to push forward? At this point, they must be doing a 2018 mid-term election calculation….

    The Times had interviewed several dozen people over the past week in an attempt to corroborate her story, and could find no one with firsthand knowledge. Ms. Ramirez herself contacted former Yale classmates asking if they recalled the incident and told some of them that she could not be certain Mr. Kavanaugh was the one who exposed himself.

  38. leftwing says:

    “I drove out to Bethpage yesterday for a hockey game. The conversion of North Jersey into the Bronx and Queens is well underway. We got to get outta here.”

    I’ve said it a number of times here. If you want to see NNJ’s future hop on the LIE at Exit 38 and drive west. But who cares, because home values will be higher /insert little sarcastic emoji dude/

  39. Blue Ribbon Teacher says:

    My FIL was at the 50th reunion at Hamilton Steiner over the weekend. Samuel Alito was there. He ran track with my FIL. He said he recognized everyone and walked up to every person he knew to say hi. Just a normal everyday guy even though he’s still on the supreme court. I remember them running him through the ringer and opposing his nomination.

  40. Comrade Nom Deplume, future militia commander says:

    “Blue Ribbon Teacher says:
    September 24, 2018 at 12:54 pm
    My FIL was at the 50th reunion at Hamilton Steiner over the weekend. Samuel Alito was there. He ran track with my FIL. He said he recognized everyone and walked up to every person he knew to say hi. Just a normal everyday guy even though he’s still on the supreme court. I remember them running him through the ringer and opposing his nomination.”

    I clerked for a senior judge in the federal district court in New Jersey when Alito was nominated. Liberal as all get out and proud of her time as a McGovern delegate. Knows Alito personally. She stated unequivocally that while she disagreed with his politics, Alito was eminently qualified to sit on the high court.

    Those days are over. The nomination process needs to be scrapped or we have seen the last SCOTUS appointment for at least six years if the Dems don’t retake the Senate and get to ram through their nominees in two years’ time.

  41. Comrade Nom Deplume, who hires only fat and ugly women says:

    Wow. I thought that this would be one of the unintended consequences of #metoo and now there is reporting and evidence to back it up.

    https://www.forbes.com/sites/kimelsesser/2018/04/12/are-attractive-women-being-shunned-by-employers-tony-robbins-says-yes/#4bb928cc3e85

  42. leftwing says:

    “And the prospect of a professional death penalty for any long-forgotten episode from a bygone era will fundamentally change how men and women interact, and I cannot see women coming out ahead here.”

    I seriously considered, even before my divorce was on the horizon, what benefit there was to dealing with females in any LT relationship. Professional and even familial.

    Personally, there is nothing a female can provide me long term through marriage that I can’t source cheaper on as needed basis.

    And that is true without even accounting for a probability weighted risk of asset and income impairment in the event of divorce.

    Household maintenance, adolescent educational support, meals, sex. The only item is the actual birthing of children for which I only need a uterus for 40 weeks. Find one to rent. I fully anticipate that to happen in the not too distance future.

    Professionally, women complain about the gender gap. Easiest way to close that is through mentoring and building strong relationships, and that means time together. I used to travel with junior female colleagues all the time. Grabbing dinner then drinks at the bar the night before a meeting in the hotel out of town was standard fare. What sane male these days would even consider that? He11, I wouldn’t even share a rental car with a professional female colleague now.

    These movements have made females toxic to any male with half a brain and anything to lose (ie, any male of interest personally or professionally to a female). Males will interact with females the least amount required on purely a transactional basis, professionally and personally. Females have dehumanized themselves. They are not colleagues or partners any more, just risks that males need to manage.

    Makes me feel badly for the white bread, whole milk little girl next door whose future lifestyle is getting undercut by the puzzy hat crazies and their cohorts. Not that the crazies care.

  43. The Original NJ ExPat says:

    xolepa – We lived in two different places in Quincy, but way on the other side, near the water. We lived near Wollaston beach and then at Captain’s Cove, 9th floor overlooking the Marina. Lots of Asians and cops in Wollaston, quite a significant amount of Middle Easterners at Captain’s Cove. You’re right, though. The Milton border is pretty white bread.

    Several years ago there was a big mystery about a badly beaten up corpse that ended up on the lawn of one of the nice houses in your son’s old neighborhood. Even the cops didn’t know if it was some sort of gang violence. It turns out somebody vying for a Darwin Award stowed away in with the landing gear of a jet, maybe the shuttle from NY to Boston. He literally fell out of the sky.

    NJ X:

    Funny, my uber-liberal son and DIL who lived in Quincy (they sold and moved out in July making a killing on their house, BTW) thought that their neighborhood was not diverse enough! Their house backed up to the Milton border. And yes, some policeman and govt workers did live closeby.

  44. Libturd...look me up in Costa Rica says:

    Well said leftwing. People need to just soften up a bit. The world has swung way to far to the whimp side.

  45. xolepa says:

    NJX. That is funny. The inbound flight paths are right on the Quincy/Milton border. Milton residents hate those flight paths, big time. Major newspaper issues. That flight path is low over that stretch about 1/2 mile from my son’s old house. The airport now stretches out the paths. Some days were eerily silent.

  46. 3b says:

    Lib and it’s not done swinging!!

  47. The Original NJ ExPat says:

    Democrat politicians are exempt from #metoo. Keith Ellison, for example. Those women are not only not believed, they are invisible to the media.

    https://www.washingtonexaminer.com/opinion/keith-ellison-gets-a-pass-from-metoo

  48. ExEssex says:

    I have to agree with some of the sentiments expressed on the board. But the whole male female thing will never be easy. You can be lucky in love. But many people are not. They are bitter and dysfunctional. They use their positions of power to attempt to find someone. That is gross.

  49. ExEssex says:

    It’s like the loser at the bar harassing the hot bartender. She’s working. She gets hit on 50 times a week and harassed by every punk that has a few drinks and thinks she’s somehow giving him the eye. Stupid and disgusting. Talk to a beautiful woman sometime and see how she feels.

  50. Blue Ribbon Teacher says:

    Blue, figured you would like this.

    http://www.njherald.com/20180924/hopatcong-boe-set-to-hire-former-vernon-schools-chief#

    Haha, not surprised in the least. I do love it though. And I feel bad for those teachers.

  51. Libturd...look me up in Costa Rica says:

    Booked my next trip to Costa Rica for November 27th. Expat is probably going to tag along. Will report in with my findings during and after the trip. Landed airfare (it’s high season btw) for $367 direct Newark to San Jose. Will uber to hotel and will have rental car delivered there next morning.

  52. ExEssex says:

    3:37 my buddy used to go down there spend a month hire a local to clean the place he rented, and banged her like a screen door. All for less than the cost of a bi-weekly latte.

  53. HEHEHE says:

    I love the dark side of American politics. Looks like the first women they trotted out was going to be a dud so now they trot out this second one who was inebriated some 30+ years ago when some dude flashed her and now she suddenly recollects it was Kavanaugh. Where were these women’s memories when Kavanaugh was nominated to the D.C. circuit? All of sudden he’s the swing vote on the SCOTUS and their memories are enhanced. Yeah that’s believable. I always thought it would be the right-wing that would bring us into an Orwellian world but the lefties just refuse to be outdone.

  54. Not He He says:

    HeHe,

    If these women are lying, are there legal ramifications for them doing so and if that is the case, why would they take the risk. Trying to understand the chess game.

  55. HeHeHeHa says:

    What do you think is going to happen when you hold up the nomination under Obama for a year, so you can get it to your side.

    HeHEhe, If you are going to play by Hudson/Cook County rules, like the GOP (Watergate, etc) likes to do, then don’t expect the other side to play fair either.

    So stop whining. And you know what is coming next. Some one lunatic right eventually is going to take a shot at someone properly elected (remember the lunatics in Nevada, hiding by a highway concrete block with a high power rifle aimed at a Dept of Interior official under Obama?)

    I recommend you watch a great movie from the early 60’s- “Seven Days in May”

  56. Bystander says:

    Left,

    A divorce will do that to a man, though you can really outsource mothering. American women are the problem.

    “Give me half, Eddie. Give me half, Mr. F-you Man”

    One of the classic bits of all time.

  57. Bystander says:

    Can’t outsource..

  58. leftwing says:

    By, don’t mistake me for a bitter divorced guy, far from it.

    I just remember working overseas when I was approaching 30 – which is when I first started thinking about marriage and family – and meeting those Swedish women. Blue eyes, blonde hair, fantastic shape, great outlook on life, and legs so long I needed a step ladder to get to the hips….

    No way I was hanging around eating fish in the dark for six months out of the year in some frozen foreign peninsula but what great breeding stock.

    Pop me out some Swedish ova, rent a few uteruses (uteri?) back in the States, cull the embryos down to three boys all born around the same time…very efficient. What a great family unit.

    Mothering? LOL, everything done when I was away at work was by outside help. Everything. I can pick up a phone and hire help as easily as some suburban NJ princess. And without the markup.

  59. chicagofinance says:

    left will appreciate this….. we used to walk past an apartment building in Ithaca on Eddy Street in Collegetown (hard to remember 303 1/2?)……. we always in a drunken stupor in 3 degrees say “303 1/2 Eddy”

    Bystander says:
    September 24, 2018 at 6:13 pm
    Left,

    A divorce will do that to a man, though you can really outsource mothering. American women are the problem.

    “Give me half, Eddie. Give me half, Mr. F-you Man”

    One of the classic bits of all time.

  60. xolepa says:

    Eddy Apartments…remember them well

    Not for me…it was for my two sons, 3 years apart

    They both were frat legacies..And my chapter was Phi Chi (no, that is not the fraternity ) and it was not at Cornell

  61. chicagofinance says:

    https://youtu.be/ts4sEBb2K3s?t=2m54s

    Bystander says:
    September 24, 2018 at 6:13 pm
    Left,

    A divorce will do that to a man, though you can really outsource mothering. American women are the problem.

    “Give me half, Eddie. Give me half, Mr. F-you Man”

    One of the classic bits of all time.

  62. danlaphy says:

    Hello Do you Have a rodent problem recently?

    my email : dan222934542@gmail.com

  63. leftwing says:

    Great Eddy Murphy clip. He was funny. Seem to remember a PG version of that schtick from one of his not so memorable movies.

    Eddy Street….my college girlfriend shared a house there with eight other girls. Good times. Can’t remember number….

  64. The Original NJ ExPat says:

    I’m glad Kavanaugh went on TV last night. I still think ol’ Doc Ford wont’ show on Thursday, but probably has a slot booked on 60 for Sunday already. If Kavanaugh didn’t go on TV proactively, he wouldn’t get a say at all.

  65. The Original NJ ExPat says:

    60 minutes, that is.

  66. Blue Ribbon Teacher says:

    I remember my aunt working at a hospital when Eddie Murphy’s kid was born. They were so upset because he didn’t act like his stage persona and he was “boring”. Still to this day, every time he pops up, she brings that up. I told her to give the guy a break. It’s a character, not his actual at home personality. It’s like being mad at Anthony Hopkins because he doesn’t actually eat people.

  67. Ottoman says:

    Slavery and genocide built this country.

    “We’re moving from the European influence that built this country”

  68. Ottoman says:

    It’s fun watching white men get all butt hurt when they get subjected to the same treatment they’ve been dishing out for centuries.

    “there is a seeming movemetn to use this as a tool to get men out of high places with the expectation that women will fill those voids.”

  69. Ottoman says:

    “I’m glad Kavanaugh went on TV last night”

    Yeah, it’s fun watching liars lie.

  70. The Original NJ ExPat says:

    It’s funnier still to watch partisan moronss say “I believe herShe hasn’t said anything. The newspapers have. Her lawyers have. Some disingenuous cunt Senators have. The accusers have said nothing.

  71. Fast Eddie says:

    Slavery and genocide built this country.

    My father and grandfather worked like a slave so p.ussies like you can whine.

  72. Fast Eddie says:

    ….the same treatment they’ve been dishing out for centuries.

    If you and your ilk had any b@lls, you would have done something about it if that was the case instead of p1ssing your pants in safe rooms.

  73. Not FastEddy says:

    Eddy,

    Relax, save your energy and money, so you can get your daughter a fast vacuum cleaner job, when she get knocked up by Bebo (that what’s his name right?) after K Judge gets in.

    Your attitude tells me you are going to have the same problem with your kids that cops do with theirs. All their kids tend to be attracted to dirtbags.

  74. leftwing says:

    “Slavery and genocide built this country.”

    True for any empire over the last four millennia at least.

    Want an egalitarian society? Move to one that doesn’t matter. Iceland. Finland. Etc.

  75. leftwing says:

    “It’s funnier still to watch partisan morons say I believe her”

    Especially the Senators. And especially the ones that haven’t even met her first person.

    Gillibrand was one, out front with “I find her very credible”. She had zero interaction with the witness. But (pre)judges her to be “very credible”. Really, Senator?

    Well, there’s an open mind.

    I read a lot of comments on the NYT Kavanaugh piece. Many respondents come back with one word – Garland. This entire charade is Dems lame attempt at payback for that. Run them over.

  76. Fast Eddie says:

    I can’t wait to hear all the democrats in that hearing drone on endlessly as they trumpet the courage and bravery of the poor victim. Will the cameras cut to progressive lunatics in the gallery, wiping tears from their eyes?

  77. Fast Eddie says:

    Does Kathleen Willey and Juanita Broaddrick get a hearing?

  78. leftwing says:

    ^^^should be good theater.

    I hope the Repub Senators draft a single (woman) lawyer for their interrogation. Can run the lying b1tch harder.

  79. 3b says:

    All these NY Times comments about an FBI investigation makes no sense. What are they going to investigate from 37 years ago? If he did try to rape this woman than of course that would be a problem. But did he? How can one prove it one way or the other?

  80. Libturd...look me up in Costa Rica says:

    I say, do an investigation. Reveal the findings and move on. Why let these senators grandstand? What could they possibly find out that the FBI couldn’t?

  81. 3b says:

    Lib but what will they investigate? Talk to the people that were there on the night it happened? Will people even remember being there? If it happened in a room where no one else was there what then?

  82. The Original NJ ExPat says:

    Lib – I’m in for the CR trip. Send me the flight info, please.

  83. leftwing says:

    Holy Sh1t

    Trump knocking it out of the park at UN. Must be heavily medicated, he’s as balanced as I’ve seen.

    Paying real compliments to their leaders, but then calling them out factually and calmly (N Korea, China, Iran, OPEC nations).

    Trashed rationally and calmly the ICC, calling it a fraud and saying the US does not and will not recognize its jurisdiction.

    I wish he would wrap it up soon. He talks too long, he hangs himself.

  84. Libturd...look me up in Costa Rica says:

    3b. They won’t find anything. Nor will the senators do anything but embarrass themselves, the next SCJ and some poor women who should’ve come forwards a hell of a lot sooner.

    Expat. I emailed it to you yesterday (direct from United) check your spam. As well as this morning.

  85. Moron Central says:

    Trump claimed that in remarks that were written for him that ‘in less than two years my administration has accomplished more than almost any administration in the history of our country.’
    As if reading the speech for the first time, he chimed in with a, ‘so true,’ leading to laughter from international leaders.

  86. leftwing says:

    LOL. Yeah, if the worst thing he does is make one claim (rather than the usual dozen or more) of “best ever” I’ll take it.

    Great speech otherwise. Heavily influenced by Bolton and Navarro for those reading palace tea leaves.

  87. leftwing says:

    And Moron Central, you don’t truly believe contemporary politicians sit down with a number 2 pencil and write their own speeches, right?

  88. The Original NJ ExPat says:

    Lib – found it in my “Updates” folder. I have the seat next to you both ways.

  89. Libturd...look me up in Costa Rica says:

    Ex (rookie).

    Cool. Might I suggest you take the aisles (if I took the windows) or vice versa. This way, we have a better chance of keeping the seat between us empty. And if someone does take the middle, we can give them the aisle or window and still be able to hold hands.

  90. leftwing says:

    Ex, so back into bad habits…..shorted KBH. Let’s see where it goes…..

  91. The Original NJ ExPat says:

    I was going to do exactly that, trying to imagine that it was unlikely that somebody wanted to keep the middle seat. Let me see if I can change it.

  92. chicagofinance says:

    How do you know we are at peak employment?
    https://youtu.be/N2291TFZ168

  93. The Original NJ ExPat says:

    LOL – I don’t do that anymore, short hours before an earnings report. I used to do that back in the mid 90’s with put options, but then it was because I was so green I didn’t know when earnings were being reported:-0

    Here’s hoping they miss for you lw.

    Ex, so back into bad habits…..shorted KBH. Let’s see where it goes…..

  94. The Original NJ ExPat says:

    chi – That was cool mini-doc. That rugby field is the Boston English turf field. It used to be my younger daughter’s home Soccer field.

    For nom & expat
    https://www.youtube.com/watch?v=0plWvDNXNaU&list=PL__0rq8-ItZ_J4tze5ceefzeW1RY7xYIG&index=4

  95. Blue Ribbon Teacher says:

    The regulation state,

    https://www.dailyrecord.com/story/news/new-jersey/2018/09/24/new-jersey-cracks-down-events-hosted-microbreweries/1416596002/

    they finally have a good thing going then try to squash it

    They should just end this 80 year old liquor license nonsense. My grandparents had a liquor license in Teaneck. My uncle has held onto it for 25 years without every having a place of business. It’s obvious that less regulation here leads to more tax revenue.

  96. HEHEHE says:

    “It’s funnier still to watch partisan morons say I believe her”

    MeToo is being used by the Left in the way Nationalism was used by the Right post 9/11 – as a way to shut down debate and any questioning of the veracity of statements.

    I am kind of iffy on Kavanaugh. He’s a supporter of the surveillance state.

    Of course that doesn’t mean I am going to claim I was drunk at a party 40 years ago and have vague recollections that he pinched me on the bum.

  97. D-FENS says:

    Rumor has it that Michael Avenatti got pranked by 4Chan users RE: Kavanaugh

    Stephen Miller
    @redsteeze
    I’ve never wanted something in my whole life to be true as much as I want Avenatti getting 4Chan pranked to be true.

  98. D-FENS says:

    Troll level….

    Grand Master

  99. 3b says:

    What is a 4 Chan user?

  100. Yo! says:

    Updating my 8:05am post from yesterday. Those were stats through July. Today, stats through August were released. Hudson still leading at +16.4%.

    Salem trailing at -18.8%. Salem prices have dipped below $100,000. Getting more affordable on paper but that isn’t attracting people in.

  101. Libturd...look me up in Costa Rica says:

    4chan is the modern version of the old newsfeeds. Though, these are all image based, where the former were all text based (with attached images). It’s sort of a web underground as images provide evidence to lots of things where words have little influence. Mostly, it’s a huge waste of time, by and for nerds who have nothing but time on their hands. And by nerds, I mean hackers too.

  102. The Original NJ ExPat says:

    C’mon 3b, we all know you have 4 Chan or two in your nightstand drawer.

    What is a 4 Chan user?

  103. The Original NJ ExPat says:

    Lib – you stepped on my joke:-|

  104. leftwing says:

    Yeah, Ex that’s me lol. Put ratio spread, 25/22, 1:2.

    Felt comfortable on two counts.

    Companies seem to be trading off guidance rather than results. Regardless of results I’m suspecting KB is going to have to temper guidance with rates rising, material costs rising, tariff uncertainty, and labor shortages…

    The nearest expiry is 10/19 so if I’m wrong there’s time for it to work out. Unless I’m god-awful wrong, which I don’t think will happen.

    Rock n roll baby.

  105. The Original NJ ExPat says:

    Watching learn to speak Spanish videos on youtube. I’ll have to watch some Univision too.

  106. Libturd...look me up in Costa Rica says:

    La lengua is muy facil. No aparecemos como un gringo es el mas dificil.

    Here’s an easy one for you.

    Tu mama trabaja in los calles por la noche.

  107. The Original NJ ExPat says:

    KB Home (NYSE:KBH) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.77 by 12.99 percent. This is a 70.59 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $1.225 billion which missed the analyst consensus estimate of $1.26 billion by 2.78 percent. This is a 7.08 percent increase over sales of $1.144 billion the same period last year.

  108. The Original NJ ExPat says:

    I know that one. That’s the line they dubbed in for the network TV broadcast of The Exorcist.

    “Your mother sews socks in hell!”

    Tu mama trabaja in los calles por la noche.

  109. The Original NJ ExPat says:

    I was close.

    “Tu mamá chupa pollas en el infierno”

  110. leftwing says:

    Yeah, stock popped a bit. Let’s see where it goes. Revenue was soft and cancellations were running at 26%, twice industry average. Don’t mistake me, would have certainly preferred it down, but I have a month and 2x the number of puts short so time to repair the trade. Not like I have anything else to do…..

    That’s what I meant earlier ‘here I go with my bad habits again’. Every time I force a trade the result is the same as Darnold forcing a pass. I’m too old to keep making the same mistake. That pisses me off more than the loss lol.

  111. chicagofinance says:

    Vete al carajo

    Libturd…look me up in Costa Rica says:
    September 25, 2018 at 3:55 pm
    La lengua is muy facil. No aparecemos como un gringo es el mas dificil.

    Here’s an easy one for you.

    Tu mama trabaja in los calles por la noche.

  112. chicagofinance says:

    Ven aquí, maldito culo roto.

  113. chicagofinance says:

    Dude…..remember I wrote this…..

    chicagofinance says:
    September 24, 2018 at 12:09 pm
    Real estate prices are sticky…. they generally will not go lower….. but volume will dry up….. I agree “Almost no chance of prices going significantly lower”….. but prices don’t have to go lower to screw everything up…..

    The Great Pumpkin says:
    September 24, 2018 at 12:07 pm

    Here is why…..
    https://www.bloomberg.com/news/articles/2018-09-19/cash-strapped-americans-are-leveraging-their-homes-to-pay-the-bills

Comments are closed.