From Forbes:
The Real Estate Landscape In 2020: An Expert’s Predictions
Sellers will expand on home improvements before selling
These will go far beyond staging as buyers become less inclined to buy homes that need work
“They wish to know all costs upfront and mortgage everything at low rates,” Steinberg says. “The work you do after closing is not mortgageable — who has any cash left after closing for home improvements, when pricing is at a premium?”
…
Smaller, more affordable homes will have extreme competition from first-time buyers, investors and downsizing baby boomers.
“Today, everyone is competing for entry level homes,” Steinberg says. “They have been underbuilt as the industry has focused on the high end, where there is more profit. We need much more affordable housing.”
Millennials and first-time homebuyers are not the only ones looking for small, affordable homes. Downsizing baby boomers are in competition for them, as well, and they often have 100% equity in their homes, so they have a great deal more financial clout than their millennial competitors.
The first half of 2020 will be busy. The second half will be distracted by the presidential election.
In the spring, we will be optimistic and eager to start new things. But once the presidential election becomes the national obsession, we will not think of much else.
As climate change continues, recovery technology will be increasingly important.
Recovering from storms, floods, fires and other climate change-driven disasters will require technology to speed things up and minimize damage and disruption. For example, after Hurricane Sandy, many buildings were retrofitted to locate their systems above ground. Increasingly, homeowners will find that investing in recovery technologies is less expensive that insuring increasingly vulnerable buildings.
Consumers will become more exposed to the harsh realities of ‘do-it-yourself’ and discount brokerage.
They will also become more aware of misleading claims and the self-serving intentions of those wishing to eliminate real estate agents.
“Sure, you might save a few bucks,” Steinberg says. “But as consumers dig a little deeper, they learn that there are hidden fees and that they have no guidance when they are making big decisions.”
First
Not like realtors are self serving!
Pumps I am asking you again you little weasel to leave me out of your comments.
Pelosi bringing a vote to limit the war-powers of the executive…anyone else worried about the power shift between the legislative and executive? Leaving my personal politics out of it, I worry that any further limitation on executive power will cause missed chances to take out targets of opportunity. Seems like a broad shift of powers FROM the commander-in-chief and laying it at the feet of the congress. Anyone else have thoughts on this to share? Much ado about nothing?
Congress is ineffective, the President is off his f’ing rocker,
And $80m is a shit ton of money. I’d be nervous as f’ck if I were Trump.
The bad guy he killed was terrible, but a trump is not a “warrior” he’s a golfer.
Dead man walking.
From Joe Liberman, and speaking of golf:
“The claim by some Democrats that Mr. Trump had no authority to order this attack without congressional approval is constitutionally untenable and practically senseless. Authority to act quickly to eliminate a threat to the U.S. is inherent in the powers granted to the president by the Constitution. It defies common sense to argue that the president must notify Congress or begin a formal process of authorization before acting on an imminent threat.
On many occasions President Obama sensibly ordered drone strikes on dangerous terrorist leaders, including U.S.-born Anwar al-Awlaki. He did so without specific congressional authorization, and without significant Democratic opposition. Mr. Obama also “brought justice” to Osama bin Laden without prior, explicit congressional approval.”
https://www.wsj.com/articles/the-democrats-and-iran-11578262553?mod=opinion_lead_pos5
home – why worry? Checks and balances, Pelosi isn’t a Queen whatever she puts up for a vote gets voted on and then if passed moves to the Senate for consideration and if passed again it must be signed by the President to be made law.
As it is now carte blanche to drop bombs and fly drones anywhere they want, they did not stop Obama from turning a resolution for a a no fly zone into a undeclared war with 25,000 sorties and they won’t now. Remember no boots on the ground it ain’t a war.
Come on, you can’t be serious. So what country is the most educated, skilled, workforce in the world?
Fabius Maximus says:
January 6, 2020 at 12:25 am
“This is the most educated, skilled, workforce in the world”
Now that’s a chuckle! If it was, I wouldn’t be in this country.
I’d also wager to say there are many may Democrats funded by PACs itching for an expansion in the middle east chronicles. They will get primaries if they don’t go lockstep with the party. Especially AOC.
Look at how large our country is too. So don’t compare us to some tiny European nation that is smaller than a state in our country. For how large our population is and how vast the area is, we create some of the best innovations in the world.
Bingo, I said this on this blog. They created a bubble in the high end, while totally neglecting the rest of the market over the past 10 years. Supply is beyond f’ed. There is no way you will see a price decline in the low tiers with an enormous demographic bloc of buyers bigger than the baby boomers going into home buying mode.
“Today, everyone is competing for entry level homes,” Steinberg says. “They have been underbuilt as the industry has focused on the high end, where there is more profit. We need much more affordable housing.”
re: “Look at how large our country is”
Not really Pumps. Only 4.25% of the worlds population resides in the USA. Asia and Africa is where the real growth is. There will be another 2 Billion mouths to feed in Asia and Africa in the next 20 years. They all will need a place to live as well.
I’m just saying, Europe is small. I hate when people use one of those tiny countries as a model for America.
We might be only 4.25% of the worlds population, but how much innovation is it responsible for? How can you say this population is not the most skilled and educated in the world? Yes, some European nations might be better in terms of % of population, but that’s not being fair with how large our population is in comparison.
At the end of the day, we have the most powerful economy in the world for a reason.
Pumpkin. Pls for the love of Gaaawd
Go teach your classes. Stop the endless posts.
Pumpkin the reason you love NJ so much is that you have a lifetime job on the taxpayers’ dime. You know you are fortunate, yet it’s clear you hate your job and possibly your life. But man-up and teach those dimwits .
https://www.nj.com/traffic/2019/12/nj-transit-trains-are-the-nations-worst-again-feds-say.html
I knew with the recent rise of anti-semitism that FlabMax would surface to rally around the Persians. Did he post today from Tehran?
Essex,
You don’t know what I deal with. I try my hardest. I can look at myself in the mirror, too bad my students can’t.
And yes, I hate my job. I don’t wish this on anyone. You know what it’s like teaching kids that don’t participate, barely do work, and then having to force feed them the answers. I actually care, so I am living in hell. Wake up everyday to try and get through to these kids and by the end of the day I face the hard facts. Remember, I’m an optimist and never give up, but I understand what I’m up against.
Do you lie to your students too?
My bet is that AOC is removed by establishment democrats in the NYS legislature after the census. NY is poised to lose a congressional seat due to reduction in population. Her district will be split and absorbed into two others during the redistricting.
She really has nothing to lose.
Juice Box says:
January 6, 2020 at 10:01 am
I’d also wager to say there are many may Democrats funded by PACs itching for an expansion in the middle east chronicles. They will get primaries if they don’t go lockstep with the party. Especially AOC.
Ricky Gervais should be Trump’s new press secretary.
Ricky Gervais should be Trump’s new press secretary.
I had to Youtube it to witness it myself.
“Most of you spent less time in school than Greta Thunberg.”
Lol!
I didn’t watch it, but read some of the highlights. Dude was pretty funny in these over-sensitive times.
Everyone on this board who has tried and failed to educate Punkin knows this feeling. Except that we’ve pretty much given up on you.
“I don’t wish this on anyone. You know what it’s like teaching kids that don’t participate, barely do work, and then having to force feed them the answers. I actually care, so I am living in hell. Wake up everyday to try and get through to these kids and by the end of the day I face the hard facts. Remember, I’m an optimist and never give up, but I understand what I’m up against.”
All the conservs love Gervais now. It was great but so is this
“I’ll admit it, I like Donald Trump’s speeches. I’ve made my fortune out of playing delusional, middle-aged men who say stupid things, and people love them. But he’s beaten me. Trump is better than David Brent.
It’s funny, comedians tell a joke and they get in trouble; Donald Trump says a terrible thing and means it, and he gets elected.”
Pumpkin: https://youtu.be/FuINdIV-zxE
I really know nothing about Ricky Gervais, but his monologue was straight up savage.
Infrastructure presentation out of Cuomo’s office ahead of his state of the state speech.
https://www.governor.ny.gov/sites/governor.ny.gov/files/atoms/files/ABNY_Empire_Station_Complex.pdf#_blank
Will Team Murphy come up with something like this ahead of Murphy’s speech next week.
Here is Murphy’s presentation. He’s been working on it for 3 years:
https://bit.ly/2N46Wf0
Disinformation campaign? We are withdrawing from Iraq?
“In Letter, U.S. Military Tells Iraq It Will Withdraw
By Reuters
Jan. 6, 2020
Updated 4:09 p.m. ET
BAGHDAD — The United States military wrote to Iraq on Monday saying it would pull out of the country and would be repositioning forces over the next few days and weeks, a letter seen by Reuters showed.
It was not immediately clear if all roughly 5,000 U.S. troops would leave Iraq.
Several helicopters could be heard flying over Baghdad on Monday night. It was not immediately clear if this was a related development. The letter said coalition forces would be using helicopters to evacuate.
“Sir, in deference to the sovereignty of the Republic of Iraq, and as requested by the Iraqi Parliament and the Prime Minister, CJTF-OIR will be repositioning forces over the course of the coming days and weeks to prepare for onward movement,” read the letter.
It was signed by United States Marine Corps Brigadier General William H. Seely III, commanding general of Task Force Iraq, the U.S.-led military coalition against Islamic State”
https://www.nytimes.com/reuters/2020/01/06/world/middleeast/06reuters-iraq-security-withdrawal.html?searchResultPosition=10
Juice hopefully we are and Afghanistan too. The Chinese and Russians are welcome to that quagmire of the Middle East! You would think the Russians would have learned from Afghanistan.
Juice, it makes the most sense. We stay in the area, keep an eye on stuff and drone away at will. There will so much confusion no one knows who did to what.
Understand the players,
-Iran, Iran sported clerics and their little militia gangs.
-Iraqi shiites that don’t like Iran, feel Iraqi but have conscripted by the Iran supported shiite militia thugs to act up.
-Iraqi Sunnis, secular ex-bathist (old timers), secular western leaning young people that want a modern Iraq.
-Iraqi Sunnis Saudi Arabia/Gulf States funded fundamentalist wahabist Sunni that want anything from another Saudi Arabia, to ISIS or Al-Qada, with a Caliphate as goal.
-Oil smuggler, traders, criminal syndicates looking for an angle.
-Russian intelligence wanting to build a lite client state.
-Chinese intelligence wanting to build a lite client state vis a vis Roads and Belts.
-Turkish intelligence wanting to build a lite client state to rebuild the Ottoman empire.
-Missing more, but you get the picture.
Will be in the best position. When the bs gets a bit to big, drone come and go and poof bs be gone.
There won’t be a modern Iraq or a modern any country in that part of the world. They are all artificial creations and the only stability there was when it was all part of the Ottoman Empire.
Topic – Billy Joel wrote the stranger about masturbating with his left hand.
Discuss.
The Chinese will end up strangling themselves with their belts and roads.
https://www.safewise.com/safest-cities-america/
30 of top 100 in NJ. Local cops deserve plaudits?
Great article on reminding ourselves about not swallowing the political war machine language.
https://www.currentaffairs.org/2020/01/how-to-avoid-swallowing-war-propaganda?fbclid=IwAR0PLbvJxFj2g-GXbb43D2lWor6MJ9mt7s385776ERyIyir6z3UA2-qz0Ug
Would we have stable oil prices, or energy prices, had not the US stepped up and invaded Iraq? The entire world benefits from this. Yet, they ignore it. When they are paying outrageous energy prices and the economy is falling apart, only then will they realize the sacrifice America made for the world.
“One of the major justifications for murdering Suleimani is that he “caused the deaths of U.S. soldiers.” He was thus an aggressor, and could/should have been killed. That is where people like Pence want you to end your inquiry. But let us remember where those soldiers were. Were they in Miami? No. They were in Iraq. Why were they in Iraq? Because we illegally invaded and seized a country. Now, we can debate whether (1) there is actually sufficient evidence of Suleimani’s direct involvement and (2) whether these acts of violence can be justified, but to say that Suleimani has “American blood on his hands” is to say nothing at all without an examination of whether the United States was in the right.”
I don’t think we needed the Iraq war at all to stabilize energy prices. We could have invested all of that money into offshore drilling and produced more oil. Or we could have built god knows how many nuclear power plants.
Cheney, that mechanical lord sith in training, is the one that has to get the credit pushing fracking and for the excess of US oil production, that at this point we export oil.
The Iraq issue, at heart is what happened when you get ivory tower idealist that have not been sharpened and made wiser by the experience of war. Wolfowitz, and all those now discredited neo-cons never served in uniform.
For all the heat Robert McNamara took as Secretary of Defense in Vietnam, he did serve under WW2 and was wiser for the experience. The W Iraq 2 fiasco is exactly what happens when you have leadership that never served/was drafted/ or got away because of heel bone spurs.
I do think a lot deference is being given to Iran in the media. Iran always took the cheap “terrorrist” shot. Embassy in ’79, Marine Barrack in Lebanon in ’82, IED’s in the Iraq 2 fiasco. If they play low and smuggle a brass knuckle into the gloves in a fight, they can’t complain when they get hit with leaded gloves in return.
It’s the truth. Anyone saying otherwise is not seeing the writing on the wall. Yes, sure, the world would be in a better place had we not taken out Saddam.
“Thus, the primary motive of the war – mobilizing Iraqi oil production to sustain global oil flows and moderate global oil prices – has, so far, been fairly successful according to the International Energy Agency.
Eleven years on, there should be no doubt that the 2003 Iraq War was among the first major resource wars of the 21st century. It is unlikely to be the last.”
https://www.theguardian.com/environment/earth-insight/2014/mar/20/iraq-war-oil-resources-energy-peak-scarcity-economy
Sounds familiar to this blog…
“Rule: Remeber what people were saying five minutes ago
Five minutes ago, hardly anybody was talking about Suleimani. Now they all speak as if he was Public Enemy #1. Remember how much you hated that guy? Remember how much damage he did? No, I do not remember, because people like Ben Shapiro only just discovered their hatred for Suleimani once they had to justify his murder”
They’ve been playing this game for a while. Remember them boarding our navy ship a few years back. These are not the actions of a nation looking for peace. Little jabs along the way…most recently, an attack on our embassy. Mess with the bull, get the horns.
The guy earned his death. I don’t view this strike any differently than taking out some low level isis member.
Just because you are a high ranking official doesn’t mean you get to commit crimes against us. What do you think he was doing in Iraq? Going out for dinner?
It’s insane how partisan politics forces a position on individuals. It’s common sense killing this guy makes the world a safer place, but because of team politics, one side doesn’t agree.
Blue Ribbon Teacher says:
January 7, 2020 at 11:09 am
Just because you are a high ranking official doesn’t mean you get to commit crimes against us. What do you think he was doing in Iraq? Going out for dinner?
Finally jj has been located…..
A Michigan man named Kevin Bacon was mutilated and killed by a man he met on the LGBTQ dating app Grindr, reports said.
Bacon, a 25-year-old hairstylist, met up with suspected killer Mark Latunski on Christmas Eve after they spoke on the app, according to Michigan Live.
The man’s family grew concerned when he didn’t show up to Christmas breakfast, according to the report.
Investigators found his car at a Dollar General parking lot and later tracked his last known location to Latunski’s house in Shiawassee County, according to the reports.
Inside the house, police found Bacon’s body hanging from the rafters with rope tied around his ankles, a local NBC affiliate reported.
Latunski told cops he killed Bacon by stabbing him in the back and slitting his throat, according to the report.
He also told cops he cut off Bacon’s testicles and ate them during the murder, WILX reported.
Latunski was charged with murder and mutilation of a human body.
The actor Kevin Bacon shared his condolences to the friends and family of the man he shared a name with in an Instagram post last week.
“For obvious reasons I’m thinking this morning about the friends and Family of this young person Kevin Bacon,” the actor wrote.
“His life was taken from him much too soon. His love was hair dressing. I bet he would have done a great job on this mess on my head. RIP KB,” he added.
by: I not disagreeing with you and I am not making excuses. However, we all knew what this guy has done, we just didn’t know his name. Justified or not; manufactured reasons or not…… we just scared the fcuk out of the Iranian Mullahs. I hate the methods and I really don’t like the man, but the execution was Trump in his finest hour in terms of what he brings to the U.S. on the world stage…… and I love Iran’s response…… we’ll bomb your business interests….. absolutely genius….. although it shows their weakness…..
Bystander says:
January 7, 2020 at 10:45 am
Sounds familiar to this blog…
“Rule: Remeber what people were saying five minutes ago
Five minutes ago, hardly anybody was talking about Suleimani. Now they all speak as if he was Public Enemy #1. Remember how much you hated that guy? Remember how much damage he did? No, I do not remember, because people like Ben Shapiro only just discovered their hatred for Suleimani once they had to justify his murder”
BRT,
FYI, 3 Americans, 2 Dod officials and a US soldier, were killed in attack on Kenyan/ US military base over weekend. Where is outrage? Trump tweets? What did Pompeo know? Where is house investigation panel? Completely ignored by media.
Sure chi. Dumpy should get on his XXL nuthugging jumpsuit with Mission accomplished. Given history, I would think these generals know they are dead men walking and someone else steps up. I worry about fighting them here and stoking that hornet’s nest. It appears that several thousand showed up in streets for his funeral. This ain’t Iraq.
The Kenyan attack was carried out by goons. You don’t see outrage with any individual deaths in Afgahnistan or Iraq either. I think the general started to actually believe the US was never going to do anything about it. That’s why he was brazen enough to travel to Iraq (probably regularly given that they were monitoring him for years). They even openly stated “you can’t do anything” on Twitter.
Btw…if this creates enough outrage for us to leave Iraq….even better. Get us out.
Look no one is perfect, I hereby present the genius of Team America World Police.
NSFW loudly – profanity
https://youtu.be/32iCWzpDpKs
No one is perfect, here is the genius of South Park’s creator.
https://youtu.be/32iCWzpDpKs
re: get out of Iraq. Only if it were so simple.
Iraq is pumping 5 million barrels a day into the global economy, and is expecting to increase production significantly. China, US , Russia, Turkey, Malaysia, Japan, Korea, France, UK, Netherlands, Angola, Italy and France all have service contracts to work the Iraqi oil fields.
The oil is 65% of their GDP, pretty much runs the country completely, 90% of government revenue and 80% of foreign exchange earnings come from pumping oil. There is no way they are going to allow that money and oil to flow to the Iranians or anyone else.
We are in this until the wells run dry folks.
BRT,
Not expert on terrorist groups but Al Shabbab is pretty organized, not just goons. I think correct answer is that it is Kenya so no one gives a $hit.
Hornets nest? We are the hornets! If any other of these regimes had the military might of our country, we all would be dead. Thank our military for creating the most peaceful period in human history (the era since wwII). There is no argument that the United States is responsible for this era of no “total wars.”
Bystander says:
January 7, 2020 at 12:18 pm
Sure chi. Dumpy should get on his XXL nuthugging jumpsuit with Mission accomplished. Given history, I would think these generals know they are dead men walking and someone else steps up. I worry about fighting them here and stoking that hornet’s nest. It appears that several thousand showed up in streets for his funeral. This ain’t Iraq.
My partner and I stumbled over here from a different website and thought I should check things out.
I like what I see so now i’m following you. Look forward to checking
out your web page yet again.
I toured an ICBM launch site while in AZ for the holidays. I’m not a cold war era or military buff, but this was very unique and interesting. It’s amazing what we did back in the day armed only with crew cuts and calculators.
Interesting note: Despite the launch cycle being 58 seconds the orders that came in could be to launch up to 30 days out. That’s thirty days of sleeping, eating, and living down below knowing all hell broke out up above and wondering if your house is still standing.
Things like this are our edge,
https://www.nytimes.com/2020/01/07/us/uss-truman-navy-iran.html?action=click&module=Top%20Stories&pgtype=Homepage
Because at heart we have this,
https://youtu.be/xpnFeyMGUs8
I personally know 3 families with parents from Iran, dufus. Estimates are 1 million Iranian Americans, compared to 90k Iraqi Americans. I am in no way claiming that they are prone to start anything but you have much larger population and integration with US. Looks like 100k are in NJ NYC area alone, 25K centered in Wayne. Be on the look out, Colonel Angus.
Bystander my impression of Persians living in this country, is that most hate the regime and their families fled Iran.
By pumpkin logic he is safe, if they all live in Wayne they will not attack it…..you don’t sh*t where you eat….
I just noticed this home sold in 2014 for 1.24m just re-sold for $950k in 2019.
Pretty bad IRR, especially after transaction costs & taxes.
https://www.zillow.com/homedetails/99-Sunset-Ln-Basking-Ridge-NJ-07920/39844019_zpid/
I wonder if the owner fled NJ after they discovered neither their state income tax nor their 23K property tax would be deductible from federal income taxes.
If Iran had the military of the US, most of the world’s women would be veiled, wouldn’t be allowed to drive, and all the bi-curious people would be killed.
But let’s celebrate religious diversity!
Almost all Iranians in America are the smart ones. They fled that bastard regime.
They are good people. They take care of their homes and landscaping. They also help maintain real estate prices. Most are Americanized.
Bystander says:
January 7, 2020 at 2:14 pm
I personally know 3 families with parents from Iran, dufus. Estimates are 1 million Iranian Americans, compared to 90k Iraqi Americans. I am in no way claiming that they are prone to start anything but you have much larger population and integration with US. Looks like 100k are in NJ NYC area alone, 25K centered in Wayne. Be on the look out, Colonel Angus.
High end real estate is a bubble. Too much supply built, and now not enough buyers as the boomers down size. It will recover in time. Nothing to worry about long term. Just supply dynamics have to improve which might take 10-15 years. If the economy booms like I think it will, it will be even sooner. Couple years of inflation combined with stagnant pricing does a hell of a job making those homes desirable at their current price.
No One says:
January 7, 2020 at 2:28 pm
I just noticed this home sold in 2014 for 1.24m just re-sold for $950k in 2019.
Pretty bad IRR, especially after transaction costs & taxes.
https://www.zillow.com/homedetails/99-Sunset-Ln-Basking-Ridge-NJ-07920/39844019_zpid/
I wonder if the owner fled NJ after they discovered neither their state income tax nor their 23K property tax would be deductible from federal income taxes.
Jcer,
Some are Persian Jews and yes many fled from old regime but I never underestimate a small, crazy percentage who can be led to extremism, particularly if their family gets killed. I am Irish and if US started bombing areas, killing folks in Ireland to help kill IRA “terrorists”..well don’t think for a second that there would not have been blowback here by Irish Americans.
Bystander the US was never and would never be involved with the IRA at the time. And they are not even around anymore.
3b,
It is analogy. Not saying we did but I knew lots of people growing up who were pissed at Reagan and his support of Thatcher. The Sinn Fein has entrenched itself at politics table, which is good, and Celtic Tiger helped refocus country on economic prosperities. Brexit has people on alert on implications for border and reopening old wounds. I would not say gone but not active.
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The rocket attack was the right move. The same way Trump fired a few rockets into Syria and left it at that. It sends a message…that we can deal with you…and we don’t need to put men on the ground to do it.
I went to grad school with someone from Iran. Great guy. Got his PhD in physics. He was routinely held up at the airport for hours because he was from Iran and labeled a physicists on their database. He was fully Americanized and never has any plans of going back. In fact, his goal was to be able to buy a home to move his parents over here.
Trump killed a guy that Israel considered their biggest enemy.
Frankly speaking what good is the best army/gear in the world if you cannot use it.
I do however understand the backlash. The US doesn’t take sh-t off anyone
and that’s how it should be.
Bystander I was back in Ireland in November and no one
Wants to go back to those dark days. My Father was from a border area in the south I saw first hand just how disastrous the border was for the country. There is no way there will be a hard border people on both sides will rip it down without the IRA. After Brexit a United Ireland is coming what shape it takes and how the die hardy who are against it react is another story. The potential for at least some violence is real. Thatcher was and is hated by many in both Ireland and Britain and justifiably so for many reasons.
Lots of $$ leaving NJ & NY. Can’t help tax base or housing long term.
https://www.zerohedge.com/personal-finance/new-irs-data-reveals-winners-losers-wealth-migration-across-50-states
And the pension problem remains a ticking time bomb
https://wirepoints.org/overpromising-has-crippled-public-pensions-a-50-state-survey/
These crazy bastards just hit our air base in Iraq.
Ignorance is bliss.
Not one word of retirees in that article which is what those numbers depict. Talk about pushing click bait nonsense.
TuesGoneinwind says:
January 7, 2020 at 5:36 pm
Lots of $$ leaving NJ & NY. Can’t help tax base or housing long term.
https://www.zerohedge.com/personal-finance/new-irs-data-reveals-winners-losers-wealth-migration-across-50-states
Does this article take into account this huge run up in the stock market? Does this author understand Dow 40,000 is coming within 5 years? This party is only getting started.
Also, this is a national issue anyway. Fed bailout will be coming if the problem doesn’t fix itself with growth in the economy.
TuesGoneinwind says:
January 7, 2020 at 5:39 pm
And the pension problem remains a ticking time bomb
https://wirepoints.org/overpromising-has-crippled-public-pensions-a-50-state-survey/
Took a class in college on Irish history. Pretty amazing what they had to overcome. Strong people.
3b says:
January 7, 2020 at 4:05 pm
Bystander I was back in Ireland in November and no one
Wants to go back to those dark days. My Father was from a border area in the south I saw first hand just how disastrous the border was for the country. There is no way there will be a hard border people on both sides will rip it down without the IRA. After Brexit a United Ireland is coming what shape it takes and how the die hardy who are against it react is another story. The potential for at least some violence is real. Thatcher was and is hated by many in both Ireland and Britain and justifiably so for many reasons.
England really gave it to them. ESP during the potato famine.
Asking for it. Are they insane?
“The reported attack, Iran says, was retaliation for the killing of a top Revolutionary Guards commander in Baghdad.
RIGHT NOW
A statement from Iran said the “fierce revenge by the Revolutionary Guards has begun.”
Iran says it has fired missiles at an American base in western Iraq.”
https://apple.news/A-VylrAKBSA-gmnkOR6IGlw
re: are the insane.
Launch sites might be toast already.
US F-35 Jets seen taking off from UAE. The USS Harry Truman is nearby in the Arabian Sea. Anecdotal the captain of the Truman is an Iranian-American.
https://www.businessinsider.com/kavon-hakimzadeh-iranian-american-commanding-us-middle-east-aircraft-carrier-2020-1
A common factor among these low growth states is their more reasonable pension benefits and a willingness to enact pension reforms.
Didn’t they write a song about Iran several years ago?
https://youtu.be/iIpfWORQWhU?t=52
I think the Beach Boys wrote a song “bomb iran”
https://www.youtube.com/watch?v=vPRonG87eKw
No one 2:28, wow! NJ fancy exurb McMansion values hitting levels of fancy South, fancy Midwest. Few want these big middle of nowhere houses even if schools are great and towns are safe.
It’s not that they are not desirable, it’s that there is too much supply as the boomers (only group that can afford this) are retiring in masses driving up the price in the fancy south and midwest. Follow the impact of large demographic groups.
What does this mean. You want deals? You want to buy when there is blood in the street due to too much supply and not enough demand? Well, if you have the money, you can get some great deals on luxury real estate in the northeast. As the millennials age, they will be in the position to drive these prices back up in these areas as they are a larger demographic bloc than the boomers.
Yo! says:
January 7, 2020 at 9:21 pm
No one 2:28, wow! NJ fancy exurb McMansion values hitting levels of fancy South, fancy Midwest. Few want these big middle of nowhere houses even if schools are great and towns are safe
I’ve seen the high end real estate languish for years sometimes.
Perhaps at the price point it’s a buyers’ market with fewer buyers.
re: Iraq.
History Rhymes. Anyone remember January 1991? Iraq was sending SCUD missiles, waves and waves of them at our bases in Saudi Arabia and also at Israel just 24 hours a after GW Bush allowed the bombing of Baghdad.
GHW that is
Yes, because on an avg basis, these places have no reasonable jobs. It’s why retirees are attracted to it. Crappy schools and crappy services, but these people don’t need that. So could care less. If professional families started moving into these areas, better believe they will drive up costs as they demand better services for raising their family. Just like you are doing to your school district…demanding better services and going to court over it. I’m on your side, but this is why education is more expensive here. Your kid would be screwed in one of these low cost areas. Wouldn’t even have the option of fighting this in court.
Libturd, the Master Beta says:
January 7, 2020 at 7:57 pm
A common factor among these low growth states is their more reasonable pension benefits and a willingness to enact pension reforms.
Bingo. Boomers drove that market up and now they are abandoning it. Now you have to wait for millennials to drive it back up once they are in a position to afford it.
I’m doing well, and I can’t afford 1.5 million right now. So I can’t imagine there are a ton that can. If boomers aren’t buying at the level they once were, you now have too much supply. Just think about the last 15 years. The builders only catered to the boomers and ignored the rest of the market. Boomers were buying luxury housing as they were in peak spending years flushed with cash. So they built and bought dream homes.
ExEssex says:
January 8, 2020 at 9:16 am
I’ve seen the high end real estate languish for years sometimes.
Perhaps at the price point it’s a buyers’ market with fewer buyers.
CNN settles defamation lawsuit with Kentucky teen in Lincoln Memorial case:
https://www.yahoo.com/news/cnn-settles-defamation-lawsuit-kentucky-031509289.html
Pumpkin,
You’re a public school teacher and you post on a blog all day. Now we know why kids are as dumb as a bag of f.ucking corn chips.
Public school. People with lots of money usually don’t let their kids near them.
Ed,
Classic. Scarier consideration is what if actually taught and fed the kids the mush in his brains. Best he is disengaged. Imagine being a parent and not knowing that a mental patient is your teacher.
Btw Eddie things are definitely getting interesting!
Trump offs Israel’s biggest foe – booooom
Dems go nuuuuuuts.
Public school. People with lots of money usually don’t let their kids near them.
You don’t need a lot of money. It’s the difference between leasing that luxury vehicle every few years or driving a 10 year old Honda. Priorities… you know? People aren’t willing to sacrifice enough for their kids. I went to Catholic schools and so did my kid. My kid is entering the last semester of undergrad with a 3.7 GPA, will get a full time job and work towards the Graduate degree on their own. This is the difference. Soon, I will buy myself that BMW or Audi.
Imagine being a parent and not knowing that a mental patient is your teacher.
LOL! Sad but really funny to read that line.
For pumpkin teacher, He’s probably about half a bottle of gin in already.
Gin, the preferred drink of alcoholic teachers because it does not smell up.
https://www.bloomberg.com/news/articles/2020-01-07/connecticut-home-prices-remain-17-below-july-2006-peak
test
Essex,
They’ve been pulling this sh1t for 50 years, it’s time to flatten some targets.
https://www.youtube.com/watch?v=3V9aO6Ss1Lc
Funny people forever told me that home prices in Basking Ridge never fall, these folks lost about 25% and $300k in five years. It also has among the ugliest foyers or whatever that thing is that I’ve seen in this price range. Looks like it was designed for that character “two face” – half glass, half stone. It’s hard to tell, is that a fake stucco EIFS exterior ticking like a time bomb?
Perhaps a family bought it so their kid to walk to Pingry for high school, then they sold for a big loss.
I miss the good old days of NJRereport posters hating on dumb buyers losing money on ugly houses!
Bloomberg on a roll this morning,
Why you are still going to get taken to the cleaners by “out of network” medical expenses.
https://www.bloomberg.com/news/articles/2020-01-08/blackstone-kkr-hidden-hand-in-ad-blitz-unleashes-washington-fury?srnd=premium
Why you Fast Eddie or anyone else should re-think sending his kids to a Catholic pervert anything.
https://www.bloomberg.com/news/features/2020-01-08/the-catholic-church-s-strategy-to-limit-payouts-to-abuse-victims?srnd=premium
It’s 2020. Teaching is not about standing in front of a class and lecturing all period while students write notes. It’s student driven. I get penalized for lecturing. I must plan entire lessons with students as the drivers of their learning. Talk about mission impossible, but I do as I am told. So when I post, students are on task and learning (if they are putting in the effort). I can look at myself in the mirror. I do my job each and every day.
And keep blaming teachers for the failures of parents and society.
Fast Eddie says:
January 8, 2020 at 10:09 am
Pumpkin,
You’re a public school teacher and you post on a blog all day. Now we know why kids are as dumb as a bag of f.ucking corn chips.
Boohoo Bernie, Warren and Biden.
Trump and Bloomberg both buy $10 million dollar super bowl ads.
re: “out of network” medical expenses.
Just got a balance bill from my in network primary care Doc for the three visits I had with him last year. I haven’t decided to contest if with him personally before or after my physical this month. Hey doc stop squeezing me so hard!
re: “re-think sending his kids to a Catholic pervert anything”
Yeah I agree those madrasas or yeshivas are much better options.
I dont mostly blame teachers, though there are plenty of bad ones. I blame a governance and administration system that lacks the market forces that produce innovation, efficiency, and customer service in other segments of the economy.
Juice, just tell them you can’t afford it. It’s a game. I bet you they’ll accept 10% of what they billed as full payment.
Another win for Trump.
https://www.nj.com/monmouth/2020/01/nun-sexually-abused-1st-grade-student-at-nj-catholic-school-50-years-ago-suit-says.html
I have a family member out past Clinton NJ been trying to sell 2years now. Can’t get what they paid in 2004, plus all the money they put into it. No one wants to commute from there to NYC and the insurance and pharmaceutical jobs are gone from the area. But they are waiting it out whatever that means.
re: Clinton – Clot used to call it Hunterdoom…..
Damn kids gave me their cold! Head pounding. Joints sore. On bright side, not hungry.
Looks like he was right about that..
Juice Box says:
January 8, 2020 at 1:04 pm
re: Clinton – Clot used to call it Hunterdoom…..
It’s depressing to look at these kids faces and know you can’t save them. I seriously hate parents that do this to their kids. Don’t bring them into this world if you are not going to take care of them. How can you do this to your own kids? Ruthless.
No One says:
January 8, 2020 at 11:43 am
I dont mostly blame teachers, though there are plenty of bad ones. I blame a governance and administration system that lacks the market forces that produce innovation, efficiency, and customer service in other segments of the economy.
Yet so familiar, Blumpy..
Seems like schools are only as good as the teachers. But yes the kids are often super depressing to be around.
It is true, but it is a team effort. A good coach still needs dedicated players. A good teacher still needs dedicated students.
That’s why inner city teaching is tough. Just to get to the step of teaching, you have to go through a slew of steps.
Urban city students don’t come to class ready to learn, so you have to figure out how to get them engaged. Almost every single period, you will have to try to calm down a student that is raging, or a student that is about to cry. So much drama with these urban kids. I tell them you flip out when someone says something about your mom, but then you disrespect her by doing nothing in school. I tell them where is the logic in that.
Classroom management is a got damn art, and I have that down pat by now. The turnover rate for new teachers is incredible. These students eat them alive. You have to take a major beating over and over, and get back up over many years to be able to manage an urban city classroom. You have to be able to know what they are thinking before they even do it, and that takes years to master.
ExEssex says:
January 8, 2020 at 2:55 pm
Seems like schools are only as good as the teachers. But yes the kids are often super depressing to be around.
Moral of the story. When you have an insane turnover rate with inner city teachers, it does take a toll on the students and teachers like myself. I enforce the rules and don’t take sh!t. You know many times I have to hear, mr/mrs (rookie teacher) doesn’t bother us about the uniform or cell phones..so chill. Why you buggin? Yes, thanks for sucking at teaching and making my life that much harder.
In other new it looks like CNN made a millionaire out of the smirking moron with the Habsburg jaw from the KY Catholic school. Seems like the best use of a Catholic education is suing someone for either buggering you or hurting your feelings.
https://southpark.cc.com/clips/165712/how-do-i-reach-these-kids
It wasn’t one single incident that made me quit teaching in a public middle school. It was the steady, moldy accumulation of dehumanizing, lifeless, squalid misadventures of which I was a part. Like that time with “Carlos,” to pick an incident more or less at random.
I can’t even remember what it was that happened between Carlos and me. Anger, impatience, frustration, stupidity — and that was just me. Probably just another student who categorically refused to do as he was perfectly reasonably asked — open a book, pick up a pencil, hand in homework — or a teacher’s ineffectual attempts to come up with any good reason at all to learn the Pythagorean Theorem, or some such timeless knowledge. OK! Let’s say you have a ladder leaning against a wall. Suffice to say, our “conversation” ended without closure. But, evidently I said something that upset Carlos.
https://www.salon.com/2012/09/15/teaching_ate_me_alive/
The continued resurfacing of FlabMax:
https://nypost.com/2020/01/08/pizza-boss-anti-semitic-tirade-included-joke-about-burning-jews-like-hitler-suit-claims/