From Bloomberg:
What We Can Learn From Jersey City’s Luxury Housing Boom
US renters say there’s now a 60% likelihood they’ll never own a home — the highest reading in at least a decade — and that can help explain why we’re seeing crowding in rental markets such as New York, a closely watched global real estate market.
There, renters are facing a whole new level of competition. The average time an apartment sat on the market hit an all-time low of 24 days in June, and renters paid a record 1.4% premium above the listing price on average, according to brokerage Douglas Elliman and appraiser Miller Samuel.
As such, increased prices are leading renters to look for alternatives. And in Manhattan, moving just across the Hudson River into a brand new Jersey City high-rise is becoming a popular option for those who can’t necessarily afford homeownership, but can dish out the cash for extra space and modern amenities that come with luxury rentals. More on that in a minute, but first…
Three things to know:
- High rates are failing to dent record stock and house prices.
- A NYC penthouse sold for $135 million in the priciest deal since 2022.
- Gen Z trading stocks at 19 signals a new age of market speculation.
…now back to rental trends. From 2019 to 2023, there was a 50% increase in new housing units completed in Jersey City, and as a result, almost 30% of its population arrived in 2021 or 2022, according to data from SmartAsset, a financial information provider.
The act of moving outside of a city center like Manhattan in favor of space and other conveniences is nothing new. Real estate agents in Jersey City have long argued that looking at the New York skyline is better than living there. But what’s interesting about the most recent migration is that well-off young professionals are choosing to give up the glamour of NYC living without the perks of homeownership.
First
Exclusive new photos of Trump meeting Putin…
https://www.stripes.com/incoming/bwh37w-2024-06-14t171047z_1_lynxmpek5d0m1_rtroptp_4_security-munich.jpg/alternates/LANDSCAPE_910/2024-06-14T171047Z_1_LYNXMPEK5D0M1_RTROPTP_4_SECURITY-MUNICH.JPG
Real estate agents in Jersey City have long argued that looking at the New York skyline is better than living there.
The 1st half of my life was the NYC skyline. We knew it then. Go to Boulevard East around 51st Street in Weehawken on a clear night, there’s a small park there. Look at the Manhattan skyline and let me know if it rivals any city view you’ve ever seen. You might be able to see the traffic lights changing up 57th Street.
Love driving Rt 3 East in the early morning sunrise or during sunset, cresting the hills and seeing the skyline stretch across the horizon is just awesome, every time.
Manchurian Candidate
grim says:
July 12, 2024 at 7:49 am
Exclusive new photos of Trump meeting Putin…
What I wouldn’t give to have Frank Sinatra to running for president.
I see me and the big guy both think Harris is trump in a pant suit without his charisma.
Look up Scott Galloway most recent podcast:
“Ed Elson and I had a very constructive and thoughtful conversation on Prof G Markets with Anthony Scaramucci about the fascism of Project 2025, how a second term for Trump could become a totalitarian regime, why voters need to support Biden if he’s the Democratic candidate, but who he thinks would have the greatest chance of beating Trump.”
I’d pick Joe DiMaggio
grim says:
July 12, 2024 at 8:32 am
What I wouldn’t give to have Frank Sinatra to running for president.
Yes it is going to be a weird election season. First federal crimes hacking and erection interference by the Gay Furry Hackers.
https://www.rollingstone.com/culture/culture-news/heritage-foundation-gay-furry-hackers-texts-1235057421/
Very Stable Genius,
Prepare yourself for project 2025. I would beef up a bit if you’re not fit and in shape. This way, you have a better chance of working the fields efficiently and contributing your fair share to the cause. You know, one needs every advantage they can get. We’d hate to think you’d get “singled out” for not keeping up.
Project 2025 is absolute stupidity.
Gay Furry Hackers
What are the tour dates? ;)
Suuuuck it douchebags
It’s Anon by another name.. QAnon for the right and now the Furry Anon for the left.
The Gay Furry Hackers are spinning trying to spin a modern day “vast right wing conspiracy” by publishing list of congress members that are supposedly part of this so called Project 2025.
Really great way to expose yourself to federal criminal liability in the name of politics. A supposed ethical hacker who used to work for Biden busy publishing the data from Furry Hack of the the supposed Heritage WordPress blog all day and night long, now claims the Chinese influence in that think tank.
https://twitter.com/HackingButLegal/status/1811048725717938537
AT&T hack is an interesting one.
AT&T received a National Security Exception from DOJ under the SEC Reporting Requirements.
WHY? This was old data prior to 2019, no evidence of unauthorized access, and they have one perp caught already an insider most likely. Perhaps more furries?
lol, John Stewart wouldn’t even trust Biden to be cashier at Home Depot at this point.
https://x.com/EndWokeness/status/1811755154959458559
10:24 Trump can’t have a liquor lisc in New Jersey.
BRT – Where is he Podcasting from? He was my neighbor for a bit, then he moved over to Colts Neck to this ancient farm. Maybe Comedy Central built him a studio in the barn.
https://www.zillow.com/homedetails/228-County-Road-537-E-Colts-Neck-NJ-07722/2116952167_zpid/
Project 2025’s tax rates
Millions of low- and middle-class households would likely face significantly higher taxes under the Project 2025’s proposals.
He estimated that a middle-class family with two children and an annual income of $100,000 would pay $2,600 in additional federal income tax if they faced a 15% flat tax on their income due to the loss of the 10% and 12% tax brackets. If the Child Tax Credit were also eliminated, they would pay an additional $6,600 compared with today’s tax system, Duke said.
By comparison, a married couple with two children and earnings of $5 million a year would enjoy a $325,000 tax cut, he estimated.
“That 15% bracket is a very big deal in terms of raising taxes on middle-class families,” Duke said.
Abortion and family
Project 2025 does calls for a nationwide abortion ban.
Itproposes withdrawing the abortion pill mifepristone from the market, and using existing but little-enforced laws to stop the drug being sent through the post.
The document suggests that the department of Health and Human Services should “maintain a biblically based definition of marriage and family.”
The document suggests that the department of Health and Human Services should “maintain a biblically based definition of marriage and family.”
Discipline and punishment are the hallmarks of a compliant nation. Flogging and rigorous teaching of the doctrine will create a cooperative society. Resistance will only strain your senses. Comply and you will be rewarded.
Say buh-bye to public schools. They’ll funnel money out of there to Tax Free Churches and their academies.
I’m not sure
A further dumbing down of the American populace.
Exhibit A: Gary
Project 2025
They aim to defund the Department of Justice,
dismantle the FBI,
break up the Department of Homeland Security and
eliminate the Departments of Education
and Commerce,
to name just a few of their larger targets.
They want to give the president complete power over quasi-independent agencies such as the Federal Communications Commission, which makes and enforces rules for television and internet companies that have been the bane of Trump’s political existence in the last few years.
Obama, Clinton, Pelosi and Schumer: “Joe, we had a deal. What are you doing? You’re making us look bad. We fixed the election to put you in place as a figure head and now you’re backtracking?”
Joe: “Go fuck yourselves.”
I lik me sum a dem sody crackers and french fryd pataters… umm hmm.
So I didn’t have Heritage taking illegal cash from China and being exposed by Furry Hacktivists on my election Bingo card!
Also yes he made a gaff at the press conference, but outside that what a performance!
…but outside that what a performance!
I thought his interpretation of Bach’s Concerto in D minor was a bit skewed but other than that, he was superb!
Do not overestimate the popularity of the orange faced rapist.
He is nightmare fuel to many women. Stay tuned.
Think Tanks do have an influence on our country.
Thousands of US lives cut short and trillions in treasure was the result of one think tanks efforts.
Project for the New American Century (PNAC). Back during the Clinton Administration they weren’t happen with Clinton just enforcing an NO FLY ZONE over Iraq. Saddam was still in power and well controlling all that oil. They finally got their wish with GWB… we invaded Iraq in March of 2003 you know to kill those 9/11 masterminds and get those weapons of mass destruction.
William Kristol is still around…backing Joe Biden this time.. He is still out there advocating for War and US Global Supremacy…. Thankfully nobody listens to him anymore.
Another grave I will piss on after they are gone.
To Grim’s point about the next four months and Sleepy Joe..
Today Sleepy Joe is flying out to Wayne County, Michigan for a fund raiser, it will be an early afternoon Fundraiser starts at 6 PM no late night partying with the boys, back on the plane at 7PM. and then back to Delaware to go to his beach house for RnR.
Press Secretary Karine Jean-Pierre will gaggle aboard Air Force One too…..
Working people will get hammered by Trump Co.’s new vision for America.
Higher taxes in the $100k income bracket, zero overtime for hourly employees, and a return the company store. No more unions. No more fair labor laws. Tilt everything toward the Corporation. Truly dystopian.
and Human sacrifice, dogs and cats living together…
https://www.youtube.com/watch?v=-9NMt42il4Q
New Sturgill Simpson a k a Johnny Blue Skies
Real music for real people. Thinkers, fighters, dreamers.
Viktor Orban confirmed Putin’s approval of JD Vance as vice president
If Biden had any balls he’d declassify the Epstein files.
JD Vance?
So Silicon Valley is picking the Republican candidate for VP?
Thiel, Eric Schmidt, and Marc Andreessen etc and perhaps Elon behind the scenes?
Makes since Trump just threatened Zuckerberg with jail for election interference.
Do not overestimate the popularity of the orange faced rapist.
O’Biden’s sexual assault on Tara Reade? The media threatened the victim a long time okay to keep quiet.
Do not overestimate the risk of becoming the subject of a criminal investigation during an election season.
Jd Vance?
The Ku Klux Klan didn’t have anyone available?
Ball is in Trumps court now, so I firmly expect the VP decision to be the most idiotic one possible.
LAX says:
July 12, 2024 at 12:02 pm
If Biden had any balls he’d declassify the Epstein files.
Except Bill Clinton would have Joe disappear , Bill still has more power than Dumb Joe.
JD Vance the author of Hillbilly Elegy seemed like an eloquent observer of the human condition. It was a good book.
JD Vance the MAGA politician doesn’t seem like the same guy.
Lots of doozies from the toxically-feminized (blue state) guys on today’s blog…
“Manchurian Candidate”, “Say buh-bye to public schools.” “dismantle the FBI” “No more fair labor laws.” “Ku Klux Klan didn’t have anyone available”
You guys are really pathetic; nothing but fear- mongering, hysterics and whining. Literally no difference between you duds and Joy Behar. Go hide under your beds for a few months. As for Vance, he’s an ex-Marine who’s service to this country no doubt exceeds all of you weak, whiny putzes put together.
The department of education adds zero value to the school system. I could make an argument that it actually does the opposite. The same goes for the state DOE.
Fake news from Mar 2020 got it right. “Real” news in 2024 was saying “He’s sharp as a nail”.
https://babylonbee.com/news/biden-i-am-the-only-candidate-who-can-beat-ronald-reagan
Fresh off his afternoon nap, presidential candidate Joe Biden gave a fiery, high-energy speech in Houston today, claiming to be the only candidate who could beat incumbent Ronald Reagan.
“I am the only candidate who can unite the party to defeat Reagan,” he said to scattered applause. “When Super Thursday hits here in a few weeks, we can rally the 150 million Democrats here in the great country of Texas to vote for me so we can get Reagan and his crony Dick Cheney off the Iron Throne there in the Imperial Senate. Go Hoosiers!”
Aides scrambled to turn off Biden’s mic but he beat them away with his walker.
“The time has come for the reign of Tippecanoe and Tyler too to end!” he shouted, though by this point he had wandered into a nearby field and no one could hear him.
I mean, last two years of Reagan’s last term were pretty bad. Clearly politics and the media were different then, though his behaviors are very similar to what we’re seeing today. I guess we just didn’t call it out back then, or had more respect for the presidency? Reagan was certainly far better guarded than Biden is today. Wouldn’t be surprised if Nancy called a lot of shots that last year.
3:18 I don’t disagree. The death knell will come when private school vouchers kick in.
grim says:
July 12, 2024 at 3:34 pm
“last two years of Reagan’s last term were pretty bad…his behaviors are very similar to what we’re seeing today.”
Not even close; how do smart guys like you and Lib sometimes come up with complete nonsense — like Lib saying he knows ‘many’ people who went from sharp as a tack to SlowJoe in 6 months? Nonsense!
RR lived for 15-16 years after he left office and wrote a letter (in his own handwriting if I recall) announcing his Alzheimer’s diagnosis some 5-6 years after he left. Joe is already at 5ish on the 7-point clinical dementia scale, meaning that he is (obviously) significantly impaired and will likely be dead from cerebral degeneration within 3-5 years.
I posted it a few weeks back but here’s the final press conference from Reagan. You can be the judge yourself on his mental fitness at that point.
https://www.youtube.com/watch?v=tJltOaXwPkU
LAX, BRT,
Consumers cannot be trusted to make decisions about what service providers they hire.
Instead, government should tell them who they must use based on geographic borders, whether they are any good or not, and make customers pay based on the estimated value of their houses, whether they use the services a lot, or a little, or not at akk. And then compensate the service provider’s technicians based mostly on how long they’ve done the job, not on how good they are at it, and ensure that the ones around for a while are nearly impossible to fire. And the service provider should kind of randomly assign the service technicians for 9 month periods to their customers, and if they stink, tough luck – the customer is always wrong in this business.
grim,
Reagan was definitely weaker in his last couple of years than at the beginning. But even at the end was a lot sharper than Biden today. Probably stronger even at the end than Biden was at the beginning of this Pres term.
( )( )====D — –Rea–gan– —
Regan was a tough SOB for a 70 year old…..When he got shot by Hinkley it was right in the chest. After the secret service drove him to the Hospital he insisted on walking in to the emergency room….I am not sure why but the the Docs opened him up completely as medical tech in 1981 was not like today a full thoracotomy was done. White House doctor apparently thought he had a hear attack and insisted cutting him open although he made not have needed it they did it anyway. Medical tech in 1981 was not like today, he was lucky to survive that! Gun used by Hinkley was a small caliber 22 handgun. A larger caliber would have done way more damage, his rib apparently stopped the shot.
BTW – Hinkley was hit by cancel culture on Nantucket this year no less. He is a musician and artist now, his gig in a bar was cancelled to many snowflakes there I guess. The man served his time after all.
His art work is for sale. Somebody has to be supporting him now that he is free. I would say he is a better painter that Hunter Biden.
https://twitter.com/JohnHinckley20
Tump ups the Ante.
You’ve got to know when to hold ’em
Know when to fold ’em
Know when to walk away
And know when to run
You never count your money
When you’re sittin’ at the table
There’ll be time enough for countin’
When the dealin’s done
Every gambler knows
That the secret to survivin’
Is knowin’ what to throw away
And knowin’ what to keep
‘Cause every hand’s a winner
And every hand’s a loser
And the best that you can hope for
Is to die in your sleep”
https://www.forbes.com/sites/saradorn/2024/07/12/trump-offers-to-take-cognitive-test-with-biden/
5:04 … let’s see his transcripts from college, too.
You know to get the whole picture. D is for Donny
Patriot Missiles heading to the Ukraine.
God Bless America
Donald Trump has lashed out at several Republican congressmen after an amendment to defund criminal prosecutions of the former president failed by “only one vote.”
In a post on Truth Social he attacked Idaho Rep. Mike Simpson after he “stupidly” voted “no” on the amendment that would have prohibited the use of federal and state funding for the prosecution of any presidential candidate prior to November’s election.
The amendments to the Commerce, Justice, Science, and Related Agencies (CJS) Appropriations Bill, introduced by Georgia Rep. Andrew Clyde, failed to pass by a vote of 25-26.
Trump also blamed House Republicans on the Appropriations Committee who did not show up to vote on the amendment.
At a tournament in South Amboy, New housing up everywhere. Just drove through citypatown, Sodasopa will soon follow.
NJ EXTREMIST’S TERROR PLOT TO CRIPPLE POWER GRID IN HEAT WAVE, PROSECUTORS SAY
https://nj1015.com/undercover-agent-thwarts-terror-plot/?external=yes
Trump shot in the ear!
Damn. They almost Kennedy’d him
See. Guns don’t kill people.
Good effort!
Betcha he filled his diaper.
Spectator in critical condition
CBS has video of apparent sniper on roof of nearby structure
Well sh*t… I told my wife several times over the last few years that I don’t understand why a left leaning extremist doesn’t take matters into his own hands. It was only a matter of time.
More immigrant crime.
Twitter mob says Mark Violets Antifa member..
No News Media has picked it up yet.
I wonder if Trump will tone down his rhetoric.
It’s all fun and games until someone tries to blow your brains out.
Prob not him as that person is tweeting it’s not him.
“OK Mr. President, we really need to change that diaper.”
Shooter being reported as a Chinese national.
LAX: There is no excuse for political violence, period.
December 6 has entered the chat
LAX says:
July 13, 2024 at 7:23 pm
Betcha he filled his diaper.
Joe wasn’t there LAX
Jim, we ALMOST made America Great Again today.
LAX says:
July 13, 2024 at 8:51 pm
Jim, we ALMOST made America Great Again today.
Actually we did, Trump should be a shoe in after this attempted assassination. Be careful what you wish for.
It’s on.
Threaten to mass deport families who walked thousands of miles for a shot at the American Dream? I’m surprised no one has mistaken Trump for a piñata.
All I remember is when King Murph came to visit my classroom, the day before, they brought a whole team into the building and scoped out everything. They also vetted me and everyone else he was going to come into contact with that wasn’t a kid.
9:16 I wouldn’t count on this changing anyone’s mind.
He’s still a greasy orange rapist, but he’ll push harder on the martyrdom Christian
Oppression angle. Even though the piece of shit is the furthest thing from a Christian.
You rubes will lap it up. There are millions who wish the shooter today had better aim.
The legal and financial assassinations failed so they’re back to plain old assassination.
11:09 exhibit A