From Forbes:
Renting Is More Affordable Than Buying In Most Major Housing Markets
Despite national rents clocking in at well over $1,400, in most of America’s largest housing markets renting is still more affordable than buying.
A new analysis from ATTOM Data Solutions shows that renting a three-bedroom property is more affordable than buying a median-priced home in 37 of the nation’s 40 biggest counties.
Taking into account average wages, home price appreciation and rent growth, even high-priced markets like Los Angeles, Seattle and New York City are more affordable for renters than homebuyers.
The only three major counties where buying a home is the better option are Wayne County, Michigan (where the median home sale came in at just $89,000 last year); Philadelphia County, Pennsylvania; and Cuyahoga County, Ohio.
…
ome prices are also rising faster than rents in 70% of housing markets. The average across all 80 counties was a 6.7% uptick in home prices over the year, with just a 3.5% jump in average rents. According to ATTOM’s findings, home price growth is outpacing rent growth significantly in Cook County (Illinois), Harris County (Texas) and Maricopa County (Arizona) and Kings County (New York).The analysis doesn’t even take into account mortgage rates—which rose more than 60 basis points across 2018 and are expected to rise as high as 5.8% this year. As ATTOM’s Jennifer von Pohlmann succinctly puts it, “Renting a home is clearly becoming the more attractive option in this volatile housing market.”
Phirst – Trump is – ____________.
OK – i’ll Start… Trump is a coddled failure.
Wow, this is fairly interesting, this is a huge blow to AAA and to a number of “security” companies that leverage this data.
http://www.philly.com/news/nation-world/att-says-itll-stop-selling-location-data-amid-calls-federal-investigation-20190111.html
I’ve deployed systems that have used aggregated location data before, to huge benefit. Two in particular. One for a West Coast AAA organization, which used the geolocation technology to pinpoint drivers for dispatch. It was a really really nice tool, in some cases we could get fairly accurate geolocation, and when paired up with satellite photos (Google Maps), it became very easy for the dispatcher to work with the stranded motorist to very very accurately pinpoint the location, even if the motorist was in completely unfamiliar territory. Huge benefit to the member, huge cost savings for the AAA, huge overall project ROI. We are talking absolute game changer.
The second deployment was for a financial organization as an anti-fraud measure. They used mobile geolocation as one component of validating the identity of a caller. Worked very very well, especially in cases where people were using stolen cell phones along with stolen credit cards (think – stolen purses), to commit financial frauds. These are very very difficult cases, as it’s fairly easy to find the answers to challenge questions in a wallet.
There are also tons of local governments using this tech for geolocation for 911 calls for mobile callers, these guys all use the same 3rd party location aggregators as above (there were a very very small handful of them).
Shocked that they are wholesale turning this off, wow. Sounds like most people had absolutely no idea this was possible, easy, and inexpensive to do. You were supposed to get verbal authorization, recorded, by the caller to request their geolocation data. However, it was really an honor system, all you needed to do was make the API call with a flag set that said you were authorized. Sounds like in many cases, nobody cared.
Yes, if you are a sucker, you base this comparison on short term thinking to comfort yourself that renting is better. If you are smart and look at it from a long term position, there is no comparison…owning destroys renting.
“Home prices are also rising faster than rents in 70% of housing markets. The average across all 80 counties was a 6.7% uptick in home prices over the year, with just a 3.5% jump in average rents. According to ATTOM’s findings, home price growth is outpacing rent growth significantly in Cook County (Illinois), Harris County (Texas) and Maricopa County (Arizona) and Kings County (New York).”
Trump has more guts and has exposed himself to more ridicule than the last 10 president combined. Thank you DJT.
Essex,
The world needs Alpha males. Accept it. We can’t keep electing Oblammy type guys because it makes us feel good. We need men with balls who get things done on levels guys like you can’t even fathom.
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San Diego TV station: CNN declined our ‘local view’ because of reports on wall effectiveness
https://thehill.com/homenews/media/424876-san-diego-tv-station-cnn-declined-our-local-view-because-of-reports-on-wall
ExEssex says:
January 11, 2019 at 7:13 am
OK – i’ll Start… Trump is a coddled failure.
Esx is part of the phony crowd. Makes him feel like a big shot having some third worlders cutting his lawn. He doesn’t have to compete with them for limited resources at the bottom of the economic ladder and they sure as hell better get lost once they’re done with the leaf blower. but by complaining about it on an anonymous online forum and voting for progressive pols he thinks he’s doing his part.
Given their temperants, intelligence,and characters, if Obama and Trump were field generals, I would follow Obama 100%. There is nothing alpha about Trump. Rashness, petulance and rote stubbornness are not alpha qualities.
By,
Please name Generals throughout history who were polite.
…oh, yes. Now, I remember…those French generals that starting wearing brown pants.
.
.
.
.
Hehe
Renting is more attractive now in states like NJ because 80% of the people who own are getting very low to $0 property and mortgage deduction.. This is because 10K SALT cap will be exhausted for most people for state income tax alone and the standard deduction which was doubled will make the mortgage deduction useless…
But the landlords are able to get both deductions as business expense and keep rents subsided for renters… See the difference..
Only way for home ownership to keep ahead is to expect 4-5% yearly price increase.. Might or might not happen.
This is why some people are money makers and others are not.
Short term, yes, you have extra savings that can be invested into the stock market. What this individual forgets, what about the long term savings when you have no mortgage payment? Get a 15 year loan, and after 15 years, you can take all those savings and dump it into the stock market or buy another investment property at that point. Why is this not calculated into the rent vs own equation? Your costs become much cheaper over time, and you also have this huge sum of money to work with after you pay it off. I just can’t see how renting beats owning.
Renting is for suckers long term. You can only benefit by renting if it is your initial purchase and the market is at peak pricing. It’s not a long window either, you have to buy after the market goes down. Can’t stay renting forever. Also, the only way long term renting can compare to owning if it is “rent controlled.” Artificially held down costs by uncle same and put on the owner.
“Rather than simply focusing on monthly or annual costs of the buy versus rent decision to consider which option would have a greater positive impact on your overall wealth at the end of your stay. For example, let’s say your total costs of ownership were $2,000 a month and you could rent a similar property for $1,800 a month. You might consider how that additional $200 a month could grow if you were to invest it in a diversified portfolio and compare it with all the home equity you will build up during the same time through your mortgage payments.”
Firing the Fed, declaring emergencies where none exist and shutting the government down since he didn’t get his way are all tactics that go against the essence of how our government was designed to work. I am not a Trump hater and respect a lot of his decisions and actions. But when Obama couldn’t get Gitmo closed after 8 years, he didn’t try to take the country hostage to get his way. Trump is digging a hole so deep for himself that he’s now killing a lot of his former goodwill. Perhaps this is why his past was so full of failures? His ego gets in the way of his intelligence?
He’s acting much more like a 3 year-old than an alpha dog from my perch.
Bystander,
Oblama would retreat or surrender. He’s a beta male. He was always measured in his responses and spoke with this air of pretension and conceit. It was very dubious.
The rent vs. own equation is a stupid one. Why would you compare equivalent homes? Every single person I’ve ever known has bought a bigger home than whatever they rented prior to. I spent 8 years in a 1 BR apartment in New Brunswick at $500 a month prior to buying a $435k home. 3 years prior to that, I was in a 1 BR apartment in West Winsdor and a townhome in Princeton where my rent was an average of $1500 a month. My mortgage payment plus taxes is $2300 a month. There’s no comparison. You are talking a $20k difference in money paid out each year. And that went into a stock market that doubled over 10 years. That’s not even counting the new heater, dish washer, oven, fence, gutters, and driveway I’ve put in since buying.
BTW, my brother-in-law, a federal worker (and not a terribly highly compensated one), said his office is up in arms over not getting paid. Many of the workers will not be able to pay rent if this continues till the end of January. Where there used to be huge Trump support (a lot of ex-military work there), there is now acute hatred.
The few Trump devotees might want to blame all this on Pelosi and crew, but the truth is that Trump is finally being put in check the way the government was meant to work. Now the country can finally get back to improving itself in spite of its terrible governance.
But when Obama couldn’t get Gitmo closed after 8 years, he didn’t try to take the country hostage to get his way.
He acquiesced and submitted like an obedient cuck. It’s his way. Perhaps we should line the streets of our cities with flowering trees so our enemies can march in the shade.
re: “there is now acute hatred”
Bunch of babies,they will be fine
The Senate voted for back pay already and Trump says he will sign it, some states are extending unemployment too.
Xoe,
Who is talking about polite? Zero people who make it to top level are polite. I would say rash is last quality you want in any leader. Rash should Orange idiot next to it in the dictionary. Not saying his bully tactics can’t accomplish a few things like H1b reform but it does not work over long run.
No Gary.
But throwing a temper tantrum when mommy won’t buy you that candy bar at the ShopRite cash register is not the solution either. You can’t act like a terrorist to get your way. Sorry if you don’t understand this.
So you would have preferred Obama shut the government down and declare a state of emergency to get Gitmo closed. Get off it man! Your bias is clouding your ability to think straight.
Want something to declare a state of emergency for? The transit tunnel into the city. When one of those tubes collapse, it’s going to cost a lot more than 5 billion in economic damage. But no, it’s the “bad hombres” that are ruining my life.
What’s the democrats platform for 2020?
I think they plan to buy everyone a candy bar.
I live in a town where parents of my son’s friends died from an overdose…and we had to take the kids to the funeral. There are houses not far from me where the police have had to issue narcan to the same person 3 times in one day. Build the goddam thing already.
Libturb,
The federal workers will get back pay. They always have and always will after these shutdowns.
“Much like Congress did in previous shutdowns (in January 2018 and October 2013), the Senate on Thursday unanimously approved guaranteed back pay for all federal employees affected by the impasse, including those who are furloughed. ”
https://www.vox.com/policy-and-politics/2019/1/10/18176849/senate-bill-furloughed-federal-employees
23 Scientific Reasons Why Owning is Better than Renting
https://www.creditdonkey.com/why-own.html
I’m so sorry he hurt your feelings.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 9:42 am
No Gary.
But throwing a temper tantrum when mommy won’t buy you that candy bar at the ShopRite cash register is not the solution either. You can’t act like a terrorist to get your way. Sorry if you don’t understand this.
So you would have preferred Obama shut the government down and declare a state of emergency to get Gitmo closed. Get off it man! Your bias is clouding your ability to think straight.
Want something to declare a state of emergency for? The transit tunnel into the city. When one of those tubes collapse, it’s going to cost a lot more than 5 billion in economic damage. But no, it’s the “bad hombres” that are ruining my life.
Stop hating on the worker just because they work for the government. Let me see you go to work and not get paid. Most govt workers don’t get paid much and indeed provide a service.
joyce says:
January 11, 2019 at 9:48 am
Libturb,
The federal workers will get back pay. They always have and always will after these shutdowns.
I think the democrat platform is to, like, tax the “tippy top” earners at the rate of 70% to like, make everyone feel equal.
Why do you hate that they will get paid? That’s good news for workers. Stop hating on good news for the workers Michael.
The Great Pumpkin says:
January 11, 2019 at 9:51 am
Stop hating on the worker just because they work for the government. Let me see you go to work and not get paid. Most govt workers don’t get paid much and indeed provide a service.
I know they’ll get paid guys. But those living check to check (many do) are screwed come the end of the month. Joyce, if your rent checks didn’t come in at the end of the month, what would you if your renter was a federal worker?
“I’m so sorry he hurt your feelings.”
No, my feelings are fine. I’ve got thicker skin than a porcupine. You are just a stupid asshole.
Especially if you think a wall will stop the drugs from getting in. Here’s a much better idea. Figure out why so many people in America’s lives are so miserable that they turn to drugs?
http://www.game-dengi.ru/ Онлайн игры с реальным выводом денег
Eddie,
I thought cucks were white..hah.
Home invasions are down in NJ…but “unwanted house visitations” are up.
Police say a New Jersey man fought off an unwanted house visitor by using the suspect’s own gun — ultimately killing him.
https://www.nbcnewyork.com/news/local/Scuffle-Ends-in-Deadly-Shooting-Outside-New-Jersey-Home-504177541.html
I thought cucks were white..hah.
And, how does one know this? ;)
The barrier should be built. Wait and have discussions? They’ve been talking about it since 1998. At least…that’s when I first remember the discussion brought up. If they are so confident it won’t work, let them build it anyway and throw it in their face. It might not be 100% effective, but it will definitely help the issues at the border.
Congress gave the president the statutory authority to declare an emergency in 1976 under the National Emergencies act. The argument that he doesn’t have authority from congress is wrong. There are several other statutes that authorize it including:
33 U.S. Code § 2293 – Reprogramming during national emergencies
(a) Termination or deferment of civil works projects; application of resources to national defense projects
In the event of a declaration of war or a declaration by the President of a national emergency in accordance with the National Emergencies Act [50 U.S.C. 1601 et seq.] that requires or may require use of the Armed Forces, the Secretary, without regard to any other provision of law, may (1) terminate or defer the construction, operation, maintenance, or repair of any Department of the Army civil works project that he deems not essential to the national defense, and (2) apply the resources of the Department of the Army’s civil works program, including funds, personnel, and equipment, to construct or assist in the construction, operation, maintenance, and repair of authorized civil works, military construction, and civil defense projects that are essential to the national defense
10 U.S. Code § 284 – Support for counterdrug activities and activities to counter transnational organized crime
(a)Support to Other Agencies.—The Secretary of Defense may provide support for the counterdrug activities or activities to counter transnational organized crime of any other department or agency of the Federal Government or of any State, local, tribal, or foreign law enforcement agency for any of the purposes set forth in subsection (b) or (c)
(4) The establishment (including an unspecified minor military construction project) and operation of bases of operations or training facilities for the purpose of facilitating counterdrug activities or activities to counter transnational organized crime of the Department of Defense or any Federal, State, local, or tribal law enforcement agency within or outside the United States
(7) Construction of roads and fences and installation of lighting to block drug smuggling corridors across international boundaries of the United States.
Sure, some lower court moonbat far left Judge will likely rule against it, but the supreme court will likely uphold the decision. If there’s one thing the President is supposed to do… its protect the homeland.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 10:00 am
“I’m so sorry he hurt your feelings.”
No, my feelings are fine. I’ve got thicker skin than a porcupine. You are just a stupid asshole.
Especially if you think a wall will stop the drugs from getting in. Here’s a much better idea. Figure out why so many people in America’s lives are so miserable that they turn to drugs?
” It might not be 100% effective, but it will definitely help the issues at the border.”
Will it? Walls historically fail horribly. This is more about Trump’s ego than helping stop a problem. Immigration is not the problem. It’s the lack of resources spent on vetting and processing asylum seekers. That 5 billion would be better spent beefing up immigration. If you think a wall will stopdrugs from getting in? I invite you to witness Israel’s inability to stop the Palestinian’s from arming themselves in their territories.
This is nothing more than Trump’s ego that you want to spend 5 billion dollars on.
Lib,
I think Mitt had to push Dfens out of the way when he was seeking Trump’s “endorsement”.
Ed,
A google search returns different results. It ain’t Newt with Michelle.
Communism will win
Protect the homeland my ass!
He is protecting his ego. The country is not in any danger, economic or criminal. Immigration was hardly an issue until Trump ran a xenophobic campaign to win the election.
If Trump gets this, our government will surely fail. Going forward, anything can be declared an emergency and any dingbat president can use this precedent to get what they want. Might as well just send the house and congress home.
What really scares me about this decision is that it reeks of the beginnings of the Third Reich.
The Nazi Party’s meteoric rise to power began in 1930, when it attained 107 seats in Germany’s parliament, the Reichstag. In July 1932, the Nazi Party became the largest political party in the Reichstag with 230 representatives
In the final years of the Weimar Republic (1930 to 1933), the government ruled by emergency decree because it could not attain a parliamentary majority. Political and economic instability, coupled with voter dissatisfaction with the status quo, benefitted the Nazi Party.
As a result of the Nazis’ mass support, German president Paul von Hindenburg appointed Hitler chancellor on January 30, 1933. His appointment paved the way to the Nazi dictatorship after Hindenburg’s death in August 1934.
I’m convinced the traditional alpha male is DOA. On it’s last legs. These days it’s all about actually being effective.
“In the final years of the Weimar Republic (1930 to 1933), the government ruled by emergency decree because it could not attain a parliamentary majority”
Couple a major recession with emergency decrees and some well written propaganda (lies) like the recession is due to immigration and it’s not a terribly large step before we begin rounding up all Latin Americans in this country.
“I’m convinced the traditional alpha male is DOA. On it’s last legs.”
I’m not. Ever watch network television today? The masses are asses.
You’re being dramatic…
What do you care anyway. You’ll be in Costa Rica.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 10:49 am
What really scares me about this decision is that it reeks of the beginnings of the Third Reich.
If Trump was going to fund a wall, he had two years to do it. Does he really imagine he could pass something in a divided Congress that he couldn’t pass in a Republican controlled one? Obama rammed through everything most important to him in his first 2 years. Most things beyond that was just executive orders directing the vast bureaucracy. Libturd is right -Trump has the emotional maturity of a h0rny three year old and I’d say has a similar group on reality. And despite that, still better than Hillary
“still better than Hillary”
Though he’s rapidly using up his good will.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 10:49 am
What really scares me about this decision is that it reeks of the beginnings of the Third Reich.
I invoke Godwin’s Law. You lose.
Damn, you are scaring me. I’m praying I’m right about the roaring 20’s 2.0…. if a bad recession comes, maybe i’ll liquidate and take all my money to costa rica with you.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 10:53 am
“In the final years of the Weimar Republic (1930 to 1933), the government ruled by emergency decree because it could not attain a parliamentary majority”
Couple a major recession with emergency decrees and some well written propaganda (lies) like the recession is due to immigration and it’s not a terribly large step before we begin rounding up all Latin Americans in this country.
Trump is an alpha male? He is the epitome of a petulant whiny man-child. To call him an alpha speaks lowly of your own manhood.
Quite honestly, I should be in support of the wall as drug trafficking through CR is becoming a larger problem. To get from Columbia to America, the drugs have to go through CR. If I were in charge, I would tell the US (the consumer) to build a tunnel under CR to just let it through since they are powerless to stop it.
I think the bigger problem to solve is WHY do American’s take so many illegal drugs? What is our problem?
Trump is an alpha male? He is the epitome of a petulant whiny man-child. To call him an alpha speaks lowly of your own manhood.
Wipe the make-up off your face, you look disgraceful. Now, go get me some lunch.
Everything that you want to know about Alpha male in 16 minutes, by the guy that create it.
https://www.ted.com/talks/frans_de_waal_the_surprising_science_of_alpha_males
In short, the assertive leadership role comes with massive amount of required empathy for the pack and the stress associated with it. If you are a good one, others will take care of you at the end, if you stink they cut you up out of your position
Lib fair point why are so many Americans so miserable that they resort to drugs.
Senator Jim Beach (D-5) issued the following statement today in reaction to testimony by Peter Cammarano, the Governor’s Chief of Staff, during yesterday’s Legislative Oversight hearing:
“I am appalled to read the accounts of Pete Cammarano’s testimony during the Alvarez hearings. His statement that the investigation has nothing to do with his resignation is disingenuous, if not outright dishonest.
“Less than a month ago, I called Pete Cammarano seeking the Governor’s support for a number of matters, including Senate Bill No. 2531, legislation that will result in long-term savings to the taxpayers and increase the efficiency of the election process. At the end of the conversation, Mr. Cammarano asked me if I had any influence with Senator Sweeney and if I could get Steve Sweeney to ease up on him in the legislative investigation into the Alvarez matter. Shortly thereafter, I reported Mr. Cammarano’s comments to Marci Levin Hochman, the First Assistant Legislative Counsel.
“There has been a complete lack of candor exhibited by Mr. Cammarano in his testimony, which is consistent with his self-serving attempt to have people ease up on him in the investigation.”
Let me see you go to work and not get paid.
Someone needs to look up the word “furloughed” in the dictionary.
D-FENS says:
January 11, 2019 at 9:55 am
Why do you hate that they will get paid? That’s good news for workers. Stop hating on good news for the workers Michael.
The Great Pumpkin says:
January 11, 2019 at 9:51 am
Stop hating on the worker just because they work for the government. Let me see you go to work and not get paid. Most govt workers don’t get paid much and indeed provide a service.
https://www.vox.com/policy-and-politics/2019/1/10/18176849/senate-bill-furloughed-federal-employees
Lib I think we are in far more danger from a radical leftist takeover than a right wing one. Also very real possibility the USA splits up at some point. Government is not working period and it may come to a split. Americans are arrogant and stupid and would say it will never happen. But a 200 year old country is a baby in the long course of history and the USA is a relatively recent construct. And I would be far more afraid of a radical leftist takeover/civil war than the right.
I like D-Fens again. :P
It’s really as simple as this. After the Hudson County prosecutor dropped the rape charges against Alvarez (the first coverup), Brennan went directly to Murphy and his wife in an email and stated there’s an important and urgent matter that we need to discuss. Murphy told Katie, via email, that “They got this.” Doesn’t this mean that Murphy himself knew about it? Is he SO FRIGGIN’ RICH that he can buy his way out of it? So far, it appears that way.
Dems should be 100% up in arms and pounding the street to call his for his removal. The hypocrisy here is damning and their radio silence speaks volumes of their lack of morality.
https://townhall.com/columnists/kurtschlichter/2018/03/12/why-democrats-would-lose-the-second-civil-war-too-n2459833
3b,
Not seeing a civil war. Far from it. I can see this whole thing getting reversed by a centrist candidate from either party. I swear, a moderate (if either party is willing to run one) would win in a landslide.
We had a discussion about immigration at the dinner table last night. The summary of it was pretty much this:
Progressives: Want everyone to be able to gain citizenship, even those seeking economic improvement instead of political asylum.
Liberals: Believe the processing of amnesty cases needs to improve and money should go to making the process easier and more expedient. Those seeking economic improvement, you need to go back home and fight the fight there.
Conservatives: Have same position as liberals. Differ a bit on current illegals.
Trump supporters: Wall (even if there is no proof it will do anything).
The senate and the house last shut the government down over the ACA (Obamacare). In 2010, 49% of American voters said healthcare was the largest concern. It was the ACA (Obamacare) which Obama and the Republican’s shut the government down over. In 2018, only 21% of voters felt immigration was the largest concern followed closely by the government (poor leadership) 18% and then again healthcare down at 9%. It’s one thing to shut the government down over something that nearly half the population agrees is a huge concern. It’s another thing to shut down the government over something that represents 1/5th of the vote. There is a huge difference there. And if you went back a month or two before the election, immigration rated an 11, 12, or 13 share. I can’t reiterate enough. This is not what America wants. This is what Trump’s ego wants!
Why would the radical left need to use violence to take over the US? They already dominate the press and the educational system from k through PhD that is brainwashing the next generation. Intellectually the left has already taken over. And Trump is fighting without any intellect, which embarrasses and hurts the cause of those who would fight back against the left intellectually, because not just the left but the anti-intellectual Trumpers are both attacking the intellectual/principled anti-left thinkers. So we get intellectual collectivists on the left and anti-intellectual cultural conservative collectivists on the Trump right. That’s what parallels Weimar Germany, Libturd.
No one: I don’t dispute your analysis.
Lib we won’t get a centrist candidate from either party. We need a new party.
Here’s the problem with the wall.
https://bit.ly/2M6cHXD
3b, agree on both counts
Gotta admit that you laughed at that one!
Such bad people.
“Why Federal Workers Still Have to Show Up Even If They’re Not Being Paid
The law prohibits public employees from striking, forcing them into what one union leader called “involuntary servitude” during the government shutdown.”
https://www.theatlantic.com/politics/archive/2019/01/shutdown-federal-workers-cant-strike/579793/
PumpkinFace says:
January 11, 2019 at 11:55 am
Let me see you go to work and not get paid.
Someone needs to look up the word “furloughed” in the dictionary.
From NJ.com
https://www.youtube.com/watch?time_continue=84&v=79Fta7S-Nb8
If trump really cared about ordinary hard working Americans, he wouldn’t be throwing them under the bus right now. I would love to see private sector workers that complain about govt workers show up to work without getting paid….lmao.
I’m glad that no one has taken the ignorant stance that renting is better long-term than owning. Good job!
I agree it’s a crummy situation for some of them. I suppose I would use savings as a bridge during this period. If as you said someone is paycheck to paycheck, I would let the landlord know that as soon as I get my back pay I’ll pay them. The landlord doesn’t really have a choice because the odds are heavily in favor of the workers receiving their back pay before the eviction process could take place.
For furloughed workers who have a little money saved, these government shutdowns are extra paid vacation. Every single shutdown the government has not only given back pay to the “essential” workers whose checks were delayed (of course, why wouldn’t they)… they’ve given back pay to those who didn’t work at all.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 9:57 am
I know they’ll get paid guys. But those living check to check (many do) are screwed come the end of the month. Joyce, if your rent checks didn’t come in at the end of the month, what would you if your renter was a federal worker?
Don’t go there…… we are not being subverted by other countries and are not suffering by being economically crippled.
No One says:
January 11, 2019 at 12:39 pm
So we get intellectual collectivists on the left and anti-intellectual cultural conservative collectivists on the Trump right. That’s what parallels Weimar Germany, Libturd.
In my opinion, the problems are:
We do not punish employers for hiring illegals.
We do not punish State and Local governments for providing benefits and privileges
We do not punish banks and other financial institutions who launder cartel money
We’re still fighting the war on drugs
Libturd…look me up in Costa Rica says:
January 11, 2019 at 10:40 am
” It might not be 100% effective, but it will definitely help the issues at the border.”
Will it? Walls historically fail horribly. This is more about Trump’s ego than helping stop a problem. Immigration is not the problem. It’s the lack of resources spent on vetting and processing asylum seekers.
You bring up a very good point.
At the end of the day, why are people hiring illegals? One would take the position that this is the source of the problem.
joyce says:
January 11, 2019 at 1:13 pm
In my opinion, the problems are:
We do not punish employers for hiring illegals.
We do not punish State and Local governments for providing benefits and privileges
We do not punish banks and other financial institutions who launder cartel money
We’re still fighting the war on drugs
I think it may be time to start my own landscaping business. I imagine there’s going to be a huge shortage of workers, meaning a much higher cost to homeowners.
Interesting.
Despite national rents clocking in at well over $1,400, in most of America’s largest housing markets renting is still more affordable than buying.
“War on drugs” is evidence that wars are fought to profit. You would think they would stop wasting money trying to fight this war that they have had zero success with, but they have no intentions of winning. They are only focused on making money.
Pumps: no not at all. We just know if we did you would start your circus all over again. And you just posted in attempt to lure people in to comment on rent/buy. So transparent you are!!
Remember when the public used to snicker at the new product called an iPad? It seemed that even the many who didn’t buy one knew the ridiculous name.
Apple might be reclaiming some of that accidental marketing genius?
Ladies and gentlemen…Introducing the Apple Triple REAR camera:
https://9to5mac.com/2019/01/11/wsj-triple-rear-camera-for-high-end-xr-successor-dual-camera/
What will people use it for? Butties? Assies? BrownHolies?
Turd
You must be watching too much fake news if you don’t think a wall has been effective for Israel. It’s reduced illegal immigration and suicide bombings by 99% in the areas where a wall was built.
As for CNN not reporting the fact that a wall has been effective for San Diego, omission is page 1 of the fake news handbook. The truth is the enemy of progressives.
China digging themselves a huge hole. Good for us.
“Polish authorities detained and charged a local sales director of Huawei Technologies Co., a Chinese national, with conducting high-level espionage on behalf of China, amid widening global scrutiny by Washington and its allies of the technology giant.”
https://www.wsj.com/articles/chinese-huawei-executive-is-charged-with-espionage-in-poland-11547201100?mod=hp_lead_pos1
ding! ding! ding! ding! ding! We have a winner.
In my opinion, the problems are:
We do not punish employers for hiring illegals.
No, it’s because everyone knows the cheapest cost of living is buying a home and staying in it for as long as you can. You don’t agree?
You like leasing cars? Renting is no different. Buying and holding a car long term will beat any lease deal you get.
3b says:
January 11, 2019 at 1:42 pm
Pumps: no not at all. We just know if we did you would start your circus all over again. And you just posted in attempt to lure people in to comment on rent/buy. So transparent you are!!
It would be funny if wheels on White House vehicles were funded separately from other White House expenditures. Democrats would deny the funding for wheels because:
1. It is a manufactured crisis
2. It is 3500 B.C. Technology
3. They are for transportation, but not with wheels
4. Wheels don’t work
5. Wheels are racist
Pretty amazing.
“How Aging Japan Defied Demographics and Revived Its Economy
It encouraged the elderly and women to work and broke a longstanding taboo against immigration”
https://www.wsj.com/articles/how-aging-japan-defied-demographics-and-turned-around-its-economy-11547222490?mod=hp_lead_pos5
“It’s reduced illegal immigration and suicide bombings by 99% in the areas where a wall was built. ”
That’s the key. Where the wall was built. We are talking 2,000 miles and a much more desperate offense. The problem with all of these positive wall stories is that they indeed protect the cities they have been built to protect. But the results are measured in a vacuum. Trust me, these drug lords have a LOT of money. They will ship it in and your wall will be for naught. Almost all of the drugs entering CR are coming in by boat. Good luck with that Wall.
Because demographics are supposed to be destiny, Japan was long ago consigned to stagnation with its aging population and rock-bottom birthrate.
But in recent years Japan has defied destiny. Since 2012, its working-age population has shrunk by 4.7 million, yet the number of people working has surged by 4.4. million, the critical ingredient in what is now Japan’s second-longest economic expansion since World War II. The proportion of the population in the labor force has risen sharply since 2012, by more than in any other major advanced economy.
Japan is refreshing its labor force from three often-neglected pools: the elderly, women and foreigners. This offers important lessons for the many other countries that now, or will soon, face similar demographic pressures. A population’s size can still impose limits on long-term growth, but they may be further away than long assumed by economists and policy makers.
Unemployment near a 25-year low of 2.5% has forced employers to be less picky about whom they hire. Policies enacted by Prime Minister Shinzo Abe, meanwhile, are reshaping cultural norms about when to retire, whether women with children should work and whether Japan should admit overseas workers.
“The fabric of the country has changed quite a bit in the last 10 and especially the past five years,” says Izumi Devalier, head of Japan economics for Bank of America Merrill Lynch in Tokyo.
The Japanese government has long sought to lengthen working lives; in 2004 it began raising the social security retirement age from 60 to 65 and required companies to either raise or abolish the retirement age or introduce a system for re-employing workers who do retire. This has kept Japanese men on the job well into their 60s and 70s.
Ishikawa Prefecture on Japan’s west coast is going a step further to cope with its unusually severe demographic pinch. Completion of a bullet train line from Tokyo to the prefecture capital, Kanazawa, four years ago fueled an influx of tourists, while manufacturing, especially of food products, is booming. But its population has been declining since 2005, a product of both declining birthrates and out-migration, in particular to Tokyo and Osaka. It boasts one of the tightest labor markets in the country with two vacancies for every unemployed person.
Wataru Seki, an official in the local career and life-support department, says the worker shortage can handicap business growth and degrade the quality of life.
“If population declines, service industries like supermarkets will withdraw and then people will have trouble with shopping. We have more households of just one person, and they may be isolated. The scale of the economy shrinks so tax revenue is going to be smaller and that’s going to affect regional finances.”
The prefectural government has tackled the problem with programs to draw retirees and mothers into the workforce and reverse the out-migration of young people.
The US chamber of commerce likes cheap labor. They are the largest lobbying organization in the United States.
It’s no surprise that the US government does not punish employers for hiring illegals.
The Original NJ ExPat says:
January 11, 2019 at 1:48 pm
ding! ding! ding! ding! ding! We have a winner.
In my opinion, the problems are:
We do not punish employers for hiring illegals.
A physical barrier is one piece, it doesn’t stop people it merely slows them. The wall is Trump stupidity and trying to claim he’s kept his campaign promise, it’s political. They want steel slats, which basically is a fence. The truth is comprehensive border security is something all the adults in the room should find agreement on. It’s a fence, sensors, cameras and drones along with the fine folks in CBP. Walls are not the cure but are an effective deterrent, they slow the speed of entry and allow time for border patrols to respond and capture an intruder. It’s also a good platform for surveillance tech. The wall would work to reduce illegal crossings by both dissuading people from coming and yielding higher capture rates.
The funding they want is only 5b, the compromise is the 5b in exchange for funding something the DEMs want(gateway project, something else etc.). Give Trump his stupid political victory in exchange for a real victory that you can point to when stumping to your constituents.
Give Trump his stupid political victory in exchange for a real victory that you can point to when stumping to your constituents.
Do the dems call them constituents? Do the masses who follow them know they’re human shields?
Eddie – if I put my dick up your ass am I the Alpha?? Asking for a friend…
Pumps no it’s because there are other intelligent conversations going on. No one cares. And of course most of us understand that the rise is unsustainable and will correct. You just want justification for your house purchase in Wayne.
I personally, wouldn’t give an inch. I think it’s a complete waste of time and money. It won’t slow down anything. And it’s probably the first step in spending even more money every year in an attempt at making it somewhat effective. The wall along San Diego is pretty substantial. It doesn’t do shite. I’ve witnessed immigrants running right across Route 5 in Camp Pendleton. There is no will in this country to truly stop illegal immigration. If there was, there wouldn’t be signs on the highway in southern Cali warning people to slow down for immigrants crossing the highway.
If you want to stop illegal immigration, you need to improve the processing of immigrants. All this wall will do is birth more dangerous methods for immigrants to enter the country. It will do nothing to change the numbers. This IS about Trump’s ego and nothing more. And if Trump really wants it, let him offer more than Skittles and M & Ms in exchange for it. Like how about including, more judges, more processing centers and new containment buildings? Nah, that wouldn’t work to his ego.
If you really want to stop illegal immigration:
Do not give them jobs.
No welfare or any handouts whatsoever to illegal immigrants.
No access to school or healthcare to children born to illegal immigrants.
Problem solved rather quickly.
Agreed. Open up the borders in San Diego. No checks, no gates, no nothing. Wait 5 minutes for the will to change.
There is no will in this country to truly stop illegal immigration.
^^^It would be a cool experiment. Unlimited supply of low wage workers, price of drugs crash to less than the cost of Milky Way bars.
^^^San Diego RE owners…maybe not so pleased. It’s the price of being Progressive.
Does anyone here really think illegal immigration is a major issue for America?
I wouldn’t think it’s a problem, it helps keep costs down, imo. It also helps fill a ton of jobs no one wants to do. It does hurt low skilled workers in this country, but immigrants taking their job should provide motivation to get some skills.
My only worry is that it holds back long term growth by flooding the job market with too much workers, which brings the balance between labor and profit tilted totally to the profit side.
Libturd…look me up in Costa Rica says:
January 11, 2019 at 3:17 pm
Does anyone here really think illegal immigration is a major issue for America?
Does anyone here really think illegal immigration is a major issue for America?
Not if you’re a liberal. It means votes for power to pit the lesser informed masses against the production class.
Really Eddie. How is illegal immigration affecting you?
I Went To The Border. We Need A Wall
https://m.youtube.com/watch?v=VgQUby6bT-4
In other news, Teaneck high school went on lock-down due to a super soaker.
That was the most unconvincing, factless video that I’ve ever seen. Pure tabloid fluff.
Yes. I have no opinion on this wall sh!t though. The attitude of illegal immigrants is stunning. We have to fcuk over the ones that are already here, and make the process of coming here as sh!tty as possible as a deterrent.
AOC and her soc!alist ilk don’t understand the following…..
https://www.youtube.com/watch?v=K7mFV_zSgog
Libturd…look me up in Costa Rica says:
January 11, 2019 at 3:17 pm
Does anyone here really think illegal immigration is a major issue for America?
3:35 there is too much irony in that statement.
It’s hilarious.
Illegal immigration is good for Rich white guys. Most who comment here benefit.
It should be up to the border patrol to decide what they need.
We need to build a wall with Canada.
Check out table 2. Out of the 700,000 or so people that overstay their visa about 10% are Canadians.
https://cis.org/Report/Analyzing-New-Visa-Overstay-Report
Democrats love drugs coming into the country, it maintains and contains their underclass urban voters. Can you imagine if the urban poor had jobs and money and didn’t take drugs? They’d vote the corrupt Dems right out of office.
I think the bigger problem to solve is WHY do American’s take so many illegal drugs? What is our problem?
A physical barrier is one piece, it doesn’t stop people it merely
slows themreduces the overall volume and raises costs for the drug cartels, and not just for transporting drugs. Who do you think gets paid a big vig to let anyone through the pre-border? Pedestrians and coyote transportees all have to pay.What they really need is a Mexican wall and DMZ, maybe 1 mile South of the US border. The US should just march in and build it.
4:58 your Trump Country methheads kill that theory now don’t they….?
LOL – Better yet – have US troops go in as “advisers” and “consultants”, while Mexico both builds and pays for the wall.
Suburban drug addict votes count the same as urban drug addict votes. Why shouldn’t the Republicans have their own underclass voting bloc?
4:58 your Trump Country methheads kill that theory now don’t they….?
Deep fake news
https://splinternews.com/tv-station-fires-staffer-over-video-enhancing-trumps-or-1831671419
Decades of this failed and extremely expensive “drug war” shows that simply squeezing the supply side, including via insanely draconian incarceration, does nothing to reduce use. Harm reduction is the way forward to actually save lives.
Folks wouldn’t be dying nearly as much as a result of the opioid epidemic if there more meaningful harm reduction programs and paths to recovery, for example.
Ultimately Lib is correct, deeper socieconomical causes are at play. You can blame the addicts and demonize low-level dealers to a point but saving the problem effectively at scale clearly requires a different approach.
Drugs are never the answer but the drug war destroys more lives than the drugs themselves.
ChiFi,
I agreed with you on that video. But first, we must deport that “guy”. He’s a convicted criminal, and he’s not even a citizen . Ship him back to India or whatever sh!th0l3 he came from, so he can learn his place.
chicagofinance says:
January 11, 2019 at 3:48 pm
Funny, Trump’s policies are being originated by an opiod addicted fat man who got the drugs illegally..his name is Rush Limbaugh. Oh the irony.
The Rock has a problem with the Snowflake culture! Just saying! I am sure he will be in trouble now!
We have no snowflake culture issue. We have ‘in too many peoples business’ culture coupled with boredom and fake anymous anger.
What brings the drugs in is the NAFTA traffic. If we stopped importing goods from Mexico, a lot less drugs would make it through.
“The 90s was the last hurrah of bohemian New York, an epitaph to the “anything goes” insouciance that came with being able to live, work, and party in Manhattan without breaking the bank. It was into this bohemia that Dutch artist Jacob Fuglsang Mikkelsen arrived and set up shop at the Gershwin Hotel on East 27th Street, the epicenter of the downtown avant-garde scene.”
https://apple.news/A8OzAlQP4Qz6idml53Rk1xw
I dunno guys. I dunno.
Nom
Pennsylvania is on a roll..
https://www.gunsamerica.com/digest/pennsylvania-ban-semi-automatic/?utm_source=email&utm_medium=20190111_FridayDigest_208&utm_campaign=/digest/pennsylvania-ban-semi-automatic/
We need the drug smugglers now. Who else is going to provide the pain relief for hospice patients and the drugs for lethal executions?
“Illegal immigration is good for Rich white guys. Most who comment here benefit.”
Add to this the H1-B and other visa programs. These should be ended as well.
Train Americans to do these jobs, or pay the one’s who can do them well enough that they would like to do them.
What are we gonna do? I’ll tell ya what we (CA) is gonna do. We’re gonna be real nice to these folks because they are the majority here. It’s not a question of embracing their life, guys they own it all in terms of sheer numbers. Now the lesson we can learn from them is their enthusiasm to embrace America, which means $$$ these guys work hard. We must keep up with them. You see? Sure it hurts to see the place change if you are one who doesn’t care for tamales, but 22 million nationwide is impressive, done of the sweetest people you have ever met btw. Trust me they’d make kick ass Americans.
The majority of Mexicans I have come across are great people. Work hard, and extremely respectful. Religious, so they have a conscious. Gang culture, sure, but that’s how they survive as first generation immigrants. They do try to move away from gang culture as new generations are born here.
I swear, they are no different than polish immigrants from the early 1900’s. The only difference is skin color, and food they eat. Otherwise, very simlar in how hard they work, jobs they take on (construction just like poles used to take on here), and how they are treated by everyone else (poles were treated pretty badly by Americans when they first came). Their kids are also Americanized. I’ve seen it with my own eyes. Good people.
No they don’t. It’s not generational. Gang banger fathers produce gang banger kids. Hard working fathers produce hard working kids. The Mexicans that are busting their butts so their kids can succeed. They are raising great families in the tradition of America. The people that come here and deal drugs, break laws, and murder people are likely going to get locked up and so will their kids. Moreover, it’s not even Mexican immigrants that are the big issue. It’s the South and Central Americans that are more likely to cause problems. What’s funny is, the people of Tijuana didn’t even want them camping out there when they tried marching over the border.
I don’t need justification, I am confident in my numbers that owning is better than renting long term or I would not have purchased. I mean, you make it seem like choosing to own is a bad choice which is laughable.
I bought a home for 650,000 7 years ago. Based on my current household income, that’s a low multiple. Had I chose to rent all this time, god knows what I would be paying to rent something similar. When I’m done paying it off in 12 years, god knows what the rent or purchase price will be after inflation hits hard from such a strong economy next decade. I played the patient long game with my living expenses, and I shall be rewarded financially for holding long term, as opposed to renting or moving around. Twelve years from now, I will only have taxes and maintenance to worry about. No more monthly payments. That’s when I destroy renting in this long term equation. Will be in peak earning years with no mortgage payment and my investment property will have renters paying me every month to live in the property I own. Life’s good because of my decisions to purchase real estate.
Btw, I already won with 2.75% loan. Hate all you want, but I saved over 200,000 dollars in interest by taking on a 15 year 2.75% loan. So I got to borrow a lot of money at a low rate. This allows me to take other money and invest. So it’s like taking 2.75% loan and purchasing investments with it, you pretty much can’t lose at that rate, hence free money. Should have listened to me and bought as much as you could at those rates.
At the end of the day, some people are good with putting money to work, while others are not. Renting has its place, but if you have a choice between renting long term or owning, owning wins every time. You just can’t keep moving around, have to find a place and stick with it.
3b says:
January 11, 2019 at 2:45 pm
Pumps no it’s because there are other intelligent conversations going on. No one cares. And of course most of us understand that the rise is unsustainable and will correct. You just want justification for your house purchase in Wayne.
Blue,
Fair point. There are some generational gangbangers. Not all, but the majority do want to move on from gang culture and have a normal American lifestyle. Seen it with my own eyes. The only time they stay with the gangs are when they are living in absolute poverty. Start moving up and they move away from it.
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Wholesa!e distribution worth getting into? Anyone have knowledge on this?
And he justifies again!
That doctored trump video is fvcking hilarious. Kudos to the guy who was dumb enough to lose his job over it.
And yes, when you CONTROL it, most of the Central Americans are productive. Uncontrolled and when in a critical mass they are an absolute drain on larger society. The notion that you can become wealthier by importing millions of poor is mind boggling.
If you want a third world country then move to one.
Simply showing you my personal example of why owning is better than renting. This subject was the lead article, sorry for focusing on it. Such a hater.
Buried in nj fake news today, Cammarano tried to tank the hearings. If only someone would perform a complete investigation of buck tooth Phil and his schemes he’d be out overnight. Not saying I want that because I think the guy is absolutely toxic and likelier to bring in someone to clean his mess up next election cycle but this coverup has exposed the rottenness of his administration. Complete and total lack of accountability.
10:20 Hey – your f”cking paragraph just described the current POTUS.
One of the very few good things Trump campaigned on, slightly hinted at doing something worthwhile about after in office and then nothing was reforming the H1B visa program.
Here’s another unfortunate and not at all surprising development:
https://www.reuters.com/article/us-usa-immigration-trump/trump-promises-changes-to-h1-b-visas-including-potential-citizenship-idUSKCN1P51FG
MarketTicker commentary:
The H1b system is supposed to prevent this by insisting that said people are paid the US “prevailing wage or better.” The premise is that no company would intentionally overpay for workers, so they’ll only use H1b employees if they can’t find very high skilled US citizens who thus get high wages. Therefore, the story goes, it doesn’t harm US workers at all but does help US employers find the people they need.
That claim is a lie.
The requirements are never enforced. Worse, many of those jobs are in very high cost areas yet the “prevailing wage” doesn’t adjust for that, and as a result what appears to be a decent salary isn’t. Tell me how you make it on $60,000 a year in San Jose, CA? You couldn’t do that in the early 1990s and today you’d literally be living under a freeway overpass.
The H1b program has been riven through with fraud for the last 20+ years. It has laid waste all but the very best in the US STEM fields in terms of actual salaries and advancement. US “industry” has strongly resisted any reform, such as requiring they pay double the standard prevailing wage.
Such a requirement sounds crazy but it isn’t — if your intent is to use these people only in places where you need extraordinary capability. In other words if the “average” programmer makes $50,000 a year to require that an H1b holder in that field be paid at least $100,000 would restrict their use to those who are truly extraordinary — and unavailable in the United States. Such a change would instantly stop nearly all of the abuse.
http://market-ticker.org/akcs-www?post=234853
🤣🤣🤣🤣
FBI says:
January 12, 2019 at 11:23 am
10:20 Hey – your f”cking paragraph just described the current POTUS.
https://mobile.twitter.com/DavidMcAlpine/status/1084156883714392067/photo/1?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1084156883714392067&ref_url=https%3A%2F%2Fwww.washingtonexaminer.com%2Fwashington-secrets%2F30-dems-in-puerto-rico-with-109-lobbyists-for-weekend-despite-shutdown
Will NJ media cover Menendez on beach during federal shutdown like they covered Christie on beach during state shutdown?
It’s entirely irrelevant where in the world any Democrat may be given that this disgraceful shutdown has been manufactured out of thin air by the president purely for personal political gain. You broke it, you fix it
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