From Tap:
Are We Nearing the Top of Home Prices in Northern New Jersey?
In August, the data showed more homes for sale in Northern New Jersey than we had in both 2023 and 2024. The trend was following the same path as 2022 and even looked like we might actually exceed more inventory than we’ve seen at that point in time. But instead, inventory took a sharp turn downward, falling back to the same levels we saw in 2023, matching the lowest amount of inventory in 4 years.
But that momentum didn’t last as September’s inventory data showed a sudden drop, bringing us back to a 3-year low last seen in 2023 – as I spoke about in last week’s article.
…
Bergen and Essex Counties are both down about 3% from last week, Hudson County is down 5%, and Passaic County, which was up 7% last week, is now down to even with last year at just 72. Morris County saw the biggest change, down 9% from last week and now sitting a massive 12% below last year.
This drop in homes for sale, combined with lower interest rates, has caused a quick rebound in sale prices since prices seemed to be getting closer to even with last year. In fact, when looking at September’s overall data in our area, the median sale price fell below the previous year for the first time since 2022!
Meanwhile, homes are also taking longer to sell. That tells me that there is more buyer hesitation and/or more homes are being listed too high. I believe these are all signs of a market struggling to adjust and it hasn’t been a smooth ride so far.
…
Based on what I’m seeing, and hoping, we are still inching closer toward the top of the market. Prices remain strong, but the pace is slowing down, which shows in the growing number of days homes sit before selling.
From CNBC:
Home prices lag inflation, meaning homeowners are losing out on their investment
A home is most Americans’ single largest investment. The returns are losing ground.
Home prices nationally rose 1.5% in August compared with the same month last year, down from the 1.6% annual gain recorded in July, according to the S&P Cotality Case-Shiller U.S. National Home Price NSA Index.
While home prices aren’t yet falling, they’re weakening — rising at a slower pace than the current 3% rate of inflation. That means that housing wealth eroded in real terms for the fourth consecutive month, according to the index.
Home prices in nearly all of the metropolitan markets highlighted in the index fell month to month in August. Only Chicago saw price gains. Home prices are seasonal and usually drop this time of year, but this weakness was more significant than typical seasonal patterns.
Much of that is due to stubbornly high mortgage rates, which stagnated over the summer, when much of this index was measured. (The index is a three-month running average.) Rates have since declined, but not by a lot. The average rate on the 30-year fixed mortgage started June at just below 7% and fell to 6.5% by the end of August, according to Mortgage News Daily. It is now at 6.19%.
“Mortgage rates remaining above 6.5% continue to weigh on buyer demand, even during what should be the busy summer season. The combination of high financing costs and prices that remain near record highs has limited transaction activity,” wrote Nicholas Godec, head of fixed income tradables and commodities at S&P Dow Jones Indices, in a news release.
August prices rose the most in the New York metropolitan area, with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%. On the flip side, prices in Tampa, Florida, fell 3.3% year over year, Phoenix dropped 1.7% and Miami declined 1.7%.
There was also weakness in the West, with prices in San Francisco down 1.5%, Denver fell 0.7% and San Diego dropped 0.7%. Seattle also turned very slightly negative.
No. 2, but I‘ll try harder.
Don’t strain for your #2. Eat more fiber. Drink more water.
Are We Nearing the Top of Home Prices in Northern New Jersey?
Maybe. And if so, they’ll stay there for a few years before rising again at a 4% rate. The biggest plus is that it keeps the riff raff out. Do we really need to see Old Tappan turn into Bataween?
As the rest further deteriorates, the liberal progressive north east becomes increasingly desirable and more expensive.
NJ republicans will never move to Oklahoma, Mississippi, Tennessee, etc…
White Trash Eddie says:
October 29, 2025 at 6:55 am
Are We Nearing the Top of Home Prices in Northern New Jersey?
Maybe. And if so, they’ll stay there for a few years before rising again at a 4% rate. The biggest plus is that it keeps the riff raff out. Do we really need to see Old Tappan turn into Bataween?
Ten 398
and its 1,2,3 what are we fightin for?
don’t ask me i don’t give a dam, the next stop is Ukraine,
and its 5,6,7 open up the pearly gates. Well there aint no time to wonder why…WHOPEE we’re all gunna die.
German outlet Berliner Zeitung reports nearly 300,000 cases of desertion in Ukraine’s army, citing exhaustion, corruption, and forced mobilization as causes.
Not much talk about this. Special forces guy, ends up dead in India.
New Delhi: The quiet death of Terrence Arvelle “TJ” Jackson, a 50-year-old American national and senior U.S. Army officer, inside a Dhaka hotel has stirred unease in diplomatic and security circles—not only for the secrecy surrounding his work in Bangladesh, but also for its timing, coming months after the country’s dramatic change of government.
Fast: Don’t be so sure about those prices going forwards. The young people simply don’t have that kind of money. Plus lots of inventory will be coming on the market over the next years. Oh, and young people are not having kids.
I’m hearing more and more chatter about young people not having kids. I thought I was one of the “young kids” but apparently not. This is being explained by their inability to form relationships and not necessarily lack of suitable mates. Turns out one has to be out there in third spaces forming bonds, starting hormonal and neurotransmitter reactions, swinging and missing, trudging through awkward pauses.
If I could go back in time and undo a recent phenomenon it would social media. One hundred.
Fast: Another sobering article in the WSJ this morning on the thousands of white collar jobs being eliminated by AI. This area won’t be immune to that.
The NYC scenario is still bullish for NJ real estate…if I were 55, I would have sold and moved to rent somewhere.
BRT: I don’t know about that, perhaps in the short term.
Boomer: Social media is only part of it.
yes, in the short term. Long term, nobody can afford to stay here and even if you could why would you? And the situation has never improved, it’s only gotten worse.
NVDA over 210 this morning.
3b, two things will survive in this area after a nuclear blast: cockroaches and real estate. They can’t build fast enough here and I see a ‘for sale’ sign followed by an ‘under contract’ sign within one to two weeks.
And now that Mumdoni is going to be Mayor of NYC, the surge across the river to NJ will be swift. If I was going to sell my house tomorrow, the sale price just went up by $100,000. It’s warranted.
I disagree vehemently. The algorithmic polarization of citizens and weaponization of viewpoints is directly responsible for nearly every facet of our domestic reality.
Engagement over truth only entrenches ideological divisions. Frankly, the (average) human brain is incapable of defending against the product(s) in question.
Eddie who is inheriting your smelly dump after you kick it?
No inheritances for the boomer remover… just sayin’…
Nice to see some real estate chatter here.
So what do we all think the impact of lowered interest rates will do to housing? It looks like Trump will get his ZIRP, if not now, but when he appoints the next FED head early next year. Traditionally, lower interest rates drive housing supply larger, but will also lower mortgage rates simultaneously driving demand. Additionally, lower rates pushes investors in to higher risk investments, which many will consider housing to be, especially if prices start dropping from the current lack of demand combined with the drop in consumer sentiment about the economy. If I were to venture a guess, I would say that the lower rates will actually cause housing prices to begin rising again, especially as more investors choose RE as a profitable sector to invest in as investors are less likely to lower the selling prices of the homes they are investing in. Throw in the lack of marriages and offspring from them and I’m guessing apartments for rent will dominate the new supply.
I’ve also been thinking about how ZIRP will impact the stock markets. Traditionally, it drives greater risk-taking and further moves into growth (tech) stocks. Personally, I’ve been selling off my growth stocks and index ETFs to the tune of 1/4 of my remaining holdings with every five to ten percent gain, most recently doing this last Friday. In the short-term, continued rate cuts should drive growth stocks straight up, until the bubble pops. The higher they go, the more dramatic the drop will be. Currently I am about 35% in growth and the rest earning 4-5% in various stable low-risk etfs. There’s absolutely no tax-loss harvesting to be done this year, I might add.
This is from Perplexity AI (which I have one free year of from some dumb offer) when I asked it the same questions around falling interest rates.
“Further lowering of interest rates will likely support and possibly exaggerate the current stock bubble. While this can lead to higher prices in the short-term, it increases the risk and severity of a future correction when conditions inevitably change.”
Personally, I am okay risking missing the blow off top in exchange for downside protection and having lots of dry powder for the blood in the streets. This is where I’ve always decimated the indexes long-term. I’m just not looking forward to watching the market potentially gain A LOT before it does, if it does.
In other news, SOFI won’t stop. For those who listened, you owe me a very fine craft beer.
Frankly, the (average) human brain is incapable of defending against the product(s) in question.
Half of the people are dumber than average.
Oh yeah, I also sold my Bitcoin ETF with a gain of a whopping 2%. Stocks with no intrinsic value are simply not for my style of investing. I rarely lose. Somehow, I was the only moron down on Bitcoin in 2o25 for a while there.
“Half of the people are dumber than average.”
And the median is far, far to the left on that bell curve.
Eddie who is inheriting your smelly dump after you kick it?
Convert the sale to hard cash and toss it in my coffin. I’m taking it with me.
Lib: I don’t see lower rates really impacting house prices. It’s not rates its prices. Plus job market, stud loan debt, lower marriage and birth rates.
3B,
But lower mortgage rates supplied by a shrinking ten year treasury bond should drive investment in the sector regardless. No?
This is why I, personally am steering clear of the sector. I’m just happy our current place is nearly paid off. When I do move, in approximately two years (I know, I know, but there is impetus this time), I will take out the longest mortgage I possibly can as long as rates are low again, which I am hoping they will be, as long as inflation doesn’t roar up from the lowered fed rates.
Fast: I think you are completely discounting the negative impact AI is having on job creation going forward, and the elimination of existing jobs. To think this area is somehow immune from all of this makes absolutely no sense. As for let stings I am not seeing all that many, but am seeing quite a few that have been on the market since Spring/ Summer, and still sitting, they are in the 900k to one million and more level. Also a few that have gone under contract only to come back on the market again.
No man in his right mind would get a woman pregnant in the state of NJ.
I have had my daughter full time since February.
It took since then to get child support stopped.
The judge let her keep all of the money she collected since February.
I’m on hold with child support now. What does the NJ government do with all of the tax money they get, cause there is no one to answer a phone. The whole thing is a criminal empire. They even claim “schools” are the reason no one is answering their phones on the automated system.
Make America Great Again. Answer your phones and stop stealing my daughter’s money.
Tell your sons, get clipped and have a good time.
Don’t, don’t ever get involved with the system.
Life is just better that way.
Lib
Don’t worry.
Rates are going to go down .25 basis points at the next meeting.
America can’t service it’s debt even with all of that extorted tariff money it’s collecting.
In the meantime, I have decided to put some sweat equity into my current place. The last unfinished section of my Tudor is the steps from the kitchen, down to the side door (to take out the trash) and further down to the basement. The walls are plaster and in terrible shape. It’s also quite curvy in spots. Curved plaster is just plain ugly. I will probably build a shelf to square up the walls and wainscot over all of the plaster from floor to ceiling with nice moldings. I have ten windows being replaced on the second floor on Tuesday.
So new roof, new boiler, new (smart) washer, dryer and refrigerator. Driveway is resurfaced too. Freshly painted exterior and deck, and the interior is getting painted in January as it’s been 14 years since we moved in and it needs it. After that, I need to finish refurbishing the quarter of the original oak trim that I didn’t get to finish when I took last December off work as I never used much of my leave all last year. If I’m not working, I might as well improve the value of my home. This only leaves tiling and I want to clean up the smoke stained bricks around my fireplace. Will probably tile over the bricks and replace the red tiles on the hearth. Then the place is turnkey. Only thing we are missing is central air, but I am not wrecking the place to put in an inefficient system. I cool the entire place for about $250 a month in the peak of the Summer with efficient window units. Maybe I’ll do the mini-splits next year as that is truly the way to go.
Mini Split cassette units are nice. Fujitsu makes a great one.
I guess if you can afford a nanny this one needs a new job. Jersey style
https://www.youtube.com/watch?v=0kiap8rywwM
kelir
4d
You tell me: does this look like an “amazing” friend / chief of staff? 🤨
Mikey McCoy was standing right next to Charlie Kirk, but the *split second* he heard a shot, he headed for the hills. Put his phone to his ear (w/o pressing a key) & booked it out of UVU, away from one of his best friends and his TPUSA boss of 6 yrs.
Didn’t look like Mikey even saw a drop of blood, certainly didn’t flinch to take cover, but he was walking with purpose — why? Who was he talking to? And why did Erika Kirk make a point to acknowledge him with a smile at her “address to the nation” less than 2 days after the incident? 🕵
Libturd says:
October 29, 2025 at 10:44 am
In the meantime
https://youtu.be/PCsGRCf8T9Y
I always liked that tune. Was popular right after I managed our college radio station and got my first real job.
That period after grunge hit and before the Spice Girls surfaced was the only time I could flick on the radio and just enjoy all the tunes. The Spice Girls was actually the canary in the coalmine that the idiot millennials were coming.
How about this one? I remember driving down Route 78 from work toward the airport and this blasted out. I was like WTF is this? I was laughing my ass off.
https://m.youtube.com/watch?v=W3q8Od5qJio
Till Lindemann is a maniac.
Nothing says angst like German metal.
Dedicated to Chad Powers:
The English translation of the lyrics are hysterical.
https://youtu.be/thJgU9jkdU4
Lib: I don’t know theoretically at least it sho, but with jobs being eliminated by AI, it’s a different world. Mean, Ridgefield Park is build 216 apartment building off of Challenger Blvd.
They are everywhere you look. I was driving on 80 and was caught in traffic between Wayne and Paterson. Saw a whole bunch of them on the south side of the road that I didn’t even know they built. Which kind of explains why I was sitting in traffic.
What was crazy about that time was we were getting a new all time great song every 2 to 3 weeks for a like a 3 to 4 year period. At the time I was exiting middle school/entering high school…I figured that music is always just this good.
Chi,
I often run around the house and drive Gator and the D crazy singing Du, du Hast, Du Hast Me. Or whatever the fuck they are saying. I usually change it to something else though. Like Do, Do Fart, Do Loudly. I’m a real riot to live with.
Here’s one of my faves.
https://youtu.be/sVqh7NdYNlw?si=-efjL3jHZixXjqYJ
Gary will love it.
They just bulldozed an entire mountainside of trees on Berkeley Heights for one. You can see it from 78W as you pass through.
If Chipotle and Starbucks both have bad quarters, we’ll know the economy is way worse than it is. Well, for the common guy.
I had thought that government transfer payments might be down, hurting the incomes of the poor. But these transfer payments have continued to rise, and rise under Trump. Other than the huge boom in govt transfers in 2021-22, the US is spending on welfare at an increasing pace.
https://fred.stlouisfed.org/graph/?g=1NuMZ
https://www.cbsnews.com/news/bill-gates-climate-change-criticizes-doomsday-view/
Fed cuts 25, no surprise.
25 basis points cut.
What does ChiFi have to say?
Told you they would make that .25 cut.
@10:30 am.
I hate voting. But had to hold my nose and touch the screen.
Voting has changed quite a bit since the last time I went there.
It’s all modern and stuff. Seems like it wastes a bit of paper, however.
It’s rate cutting szn….waited a long time for this chit.
Well, for his forseeable future, as he ain’t got that much time left anyway.
Plenty of things can doom this planet. Climate change is only one of them.
For decades, Bill Gates has warned of climate disaster — but his tone meaningfully shifted Tuesday as the billionaire Microsoft co-founder cautioned against taking a “doomsday view” on the planet’s future.
In a memo posted online, Gates wrote that while climate change is still a major problem that needs to be solved, “People will be able to live and thrive on Earth for the foreseeable future.
Foreseeable:
It means “as far as can be seen” and can vary depending on the context, often implying a period in the near future.
BRT says:
October 29, 2025 at 12:42 pm
They just bulldozed an entire mountainside of trees on Berkeley Heights for one. You can see it from 78W as you pass through.
Gotta make space for Mamdani’s runners.
More NY plates, more left lane bandits.
Report: Government shutdown will cost the economy up to $14 billion.
That’s chump change.
Only 1/4 of what was given to the venture capitalists in Argentina.
Dark: Another foolish Fed move by one of the worst Fed s ever.
BREAKING NEWS!
UPDATED WED, OCT 29 2025
2:51 PM EDT
Dow drops 150 points, reversing gain as Powell says Fed may not cut again this year: Live updates.
Sean Conlon
Sarah Min
VSG: You only report when stocks go down, why is that? It makes you look silly.
The last two cuts should have occurred last December and maybe the real estate market would have been buoyed a bit.
Libturd ~ 10:19
Agreed, except.
1- This is will be the 3rd time for the low interest rate/ asset inflation arbitrage. Late 90’s- Tech bubble, early 2000’s housing. So when it rhymes too much, the opportunities disappear.
2- Integrity of the overall system and the pay out it requires to make it worth it to any investors that buy US Government debt tells me that those rates will have to be really high (aka bond vigilantes) killing the above mentioned arbitrage.
I am with Lib….only a matter of time rates are lower. I don’t make the rules…
Lib: Fed says going forward further cuts look cloudy. Today’s cut is aimed at the weakness in job market. Lower rates are not going to stop the job destruction caused by AI.
Very Nimble Anus,
Here’s some actual data which contradicts your views on NJ out migration. They hardly treat northeastern high-government states as Meccas.
Consistent top destination states from New Jersey (last five available ACS one-year tables)
From the 2018 → 2023 tables, the same destinations recur at the top for NJ out-movers:
Florida, Pennsylvania, New York, North Carolina, and (in most years) either Texas or California. Neighbor moves (PA, NY) are persistently large; Florida and North Carolina stand out among Sunbelt destinations. NY and PA likely have more to do with geographic proximity than anything else.
The data suggests Tennessee has been a mid-level destination, 18th most popular outbound state in 2022, it’s a smaller state after all.
Will NJ’s layabouts increasingly move to NYC to enjoy nursing at Mamdani’s and AOC’s enlarged government teats? NJ taxpayers can hope so!
One thing quite interesting is that six or seven years ago people claiming to see the future thought it was truck drivers who had the most to lose from AI/driverless vehicles, and journalists wrote articles to scare them. “Experts” probably told them to get into computer programming which may be among the hardest hit fields. Anyone see stories of unemployed coders learning to drive trucks?
LBV,
Agree, agree, agree.
I think I’ll just keep pocketing gains until the inevitable collapse. Then I’ll reemploy.
Appreciate your take greatly. Thought of #2. The rinse and repeat effect not so much. I wonder how all of the government purchase of equities will impact this. It certainly screwed the Japanese markets for nearly two decades.
You know, Trump has a history of taking the contrarian side of bets. It explains his lack of success in the past. Getting reelected may be the greatest example of confirmation bias history has ever witnessed. When the bottom falls out, the maggots are going to want to hang him.
Ten 407
They do the same thing at a bris….. what is your point?
Dark Phoenix says:
October 29, 2025 at 2:18 pm
Told you they would make that .25 cut.
@10:30 am.
That dude is going to eternal hades……
Dark Phoenix says:
October 29, 2025 at 2:25 pm
Well, for his forseeable future, as he ain’t got that much time left anyway.
Is that a modern remake of Logan’s Run?
Dark Phoenix says:
October 29, 2025 at 2:31 pm
BRT says:
October 29, 2025 at 12:42 pm
They just bulldozed an entire mountainside of trees on Berkeley Heights for one. You can see it from 78W as you pass through.
Gotta make space for Mamdani’s runners.
I think Trump would be willing to sell out the US if China gave him and/or his family a number of golf course and luxury apartment developments.
The only kink being that he probably hates Asian food, mostly favoring overcooked steaks and burgers.
It is pretty funny that every single country that Trump has a “deal” with happens to either house one of his properties or soon will.
Never been right since Ronnie Reagan meddled where he didn’t belong:
The Federal Aviation Authority (FAA) has been forced to issue a ground stop at Newark airport over staffing shortage caused by the government shutdown.
This is what leadership looks like:
https://www.instagram.com/reel/DPy0io1Deli/?igsh=NTc4MTIwNjQ2YQ==
🚨#BREAKING:
At this time, the FAA has issued a ground stop at Newark Airport, citing staffing shortages caused by the ongoing government shutdown
Viral video of Japan’s new prime minister guiding a lost-looking and hunched over President Donald Trump around a ballroom during a welcome ceremony in Tokyo is causing fresh concerns about Trump’s health three days into his weeklong trip to Asia.
The stunning footage inside Akasaka Palace on Tuesday shows the country’s first female prime minister, Sanae Takaichi, and Trump standing on a dais before stepping down to view the honor guard and accompanying band in the room.
oh wait, they are finally admitting what I’ve been saying for 15 years that the doomsday hyperbole bull crap was never scientifically warranted.
Chicago,
That Video is brilliant! Here is a clip of a Flash Mob in Munich. This group is actually pretty popular.
https://www.youtube.com/watch?v=kBUjgzx0sBk
Al Gore’s Nobel Prize to be rescinded. Absolutely lied out of his ass with hockey stick charts, polar bear bs. They gave him the prize for pure propaganda and disinformation, and scaring intellectually helpless children into becoming a bunch of Greta nitwits.
Based on Bill Gates switcheroo on climate change? He’s definitely in the Epstein files.
Speaking of lying out of your ass…
“After the president departed for South Korea on Wednesday for the Asia-Pacific Economic Cooperation summit, officials in Japan were left scrambling to clarify.
On multiple occasions during his time in Tokyo, Mr. Trump said Japan’s Toyota Motor had committed to him that it would spend $10 billion building auto plants “throughout the United States.” He repeated the claim at least twice in South Korea on Wednesday.
In response, Hiroyuki Ueda, a Toyota executive, said the company had not announced specific new plans for a $10 billion investment.”
Article mentions another $500 billion, that is just bs and platitudes as well.
https://www.nytimes.com/2025/10/29/business/trump-toyota-10-billion.html
More lies?
Officials in President Donald Trump’s administration have used similarly misleading footage in at least six videos promoting its immigration agenda shared in the last three months, a Washington Post analysis found, muddying the reality of events in viral clips that have been viewed millions of times.
Some videos that purported to show the fiery chaos of Trump-targeted cities included footage from completely different states. One that claimed to show dramatic examples of past administrations’ failures instead featured border crossings and smuggling boats recorded during Trump’s first term.
https://www.washingtonpost.com/investigations/2025/10/29/trump-administration-misleading-videos/
oh wait, they are finally admitting what I’ve been saying for 15 years that the doomsday hyperbole bull crap was never scientifically warranted.
No- the so called “doomsday” scenarios were based on CO2 emissions continuing to grow like they were in the 80’s and 90’s.
But that didn’t happen because the world started going to solar and wind.
According to the International Energy Agency, renewables are expected to meet almost half of global electric demand by 2030.
It’s been said a number of times that Melinda Gates divorced Bill because of his relationship with Epstein.
Hughesrep says:
October 29, 2025 at 5:44 pm
“lying out of your ass… just bs…More lies…misleading footage…muddying the reality…”
Hughes is a lost cause; no doubt he’ll be babbling this kind of gobblydygook to himself as he waits in line to vote for Carmella Sherrill next week. TDS is an ugly affliction; seek help!
– Fair trade deal with S Korea finalized
– DJT-brokered peace agreement formally signed by Thailand and Cambodia
– Emir of Qatar climbs aboard AF1 just to say hello to our prez during brief re-fueling stop
– Bill Gates admits climate change/global warming was a hoax
– MSDNC replaced by Newsmax on the overhead TV’s at Planet Fitness here in deep blue NJ
I voted for that!!!
No- the so called “doomsday” scenarios were based on CO2 emissions continuing to grow like they were in the 80’s and 90’s.
But that didn’t happen because the world started going to solar and wind.
https://ourworldindata.org/co2-emissions
Take a look at that CO2 graph. I don’t know if you just made that up or if you are reading BS.
“Healthcare” will bankrupt the USA.
It is the new bubble.
Average Trump supporter:
https://youtube.com/shorts/CBZocU7VHWM?si=u-YZWXsU-zHG-L-G
Take a look at that CO2 graph. I don’t know if you just made that up or if you are reading BS.
Ten years ago, the IEA was predicting CO2 emissions would be 50 billion tons/year in 2040. Today, they are predicting 30 billion tons/year.
https://www.gatesnotes.com/home/home-page-topic/reader/three-tough-truths-about-climate#:~:text=Read%20that%20again%3A%20In%20the%20past%2010%20years%2C%20we%E2%80%99ve%20cut%20projected%20emissions%20by%20more%20than%2040%20percent.
It’s future CO2 emisions that matter, and they are expected to start decreasing in the near future (thanks largely to renewables).
So no, I’m not reading BS. I’m just better informed.
BTW, Bill Gates whole essay is worth a read.
Ten years ago, the IEA was predicting CO2 emissions would be 50 billion tons/year in 2040. Today, they are predicting 30 billion tons/year.
Their predictions mean nothing, especially when they have a sad history of being wrong.
Btw, this was your statement
No- the so called “doomsday” scenarios were based on CO2 emissions continuing to grow like they were in the 80’s and 90’s.
But that didn’t happen because the world started going to solar and wind.
And you used past tense, presumably referring to the 2000-2025. What does the graph of global emissions show? Moreover, if it didn’t happen, why all the hysteria for 15 years straight? Care to revise your statement?
Care to revise your statement?
OK. I should have said “that’s not happening because…” rather than “that didn’t happen because…”
Doesn’t really change Bill Gate’s (or my) point- that the old “business as usual” estimates for CO2 emissions no longer apply because the new “business as usual” includes lot’s of renewables.
And your original post saying:
oh wait, they are finally admitting what I’ve been saying for 15 years that the doomsday hyperbole bull crap was never scientifically warranted.
is completely wrong because 1) there is no “they” (it’s Bill Gates) and 2) Bill Gates actually said this (in his essay):
“Climate change is serious, but we’ve made great progress. We need to keep backing the breakthroughs that will help the world reach zero emissions.
But we can’t cut funding for health and development—programs that help people stay resilient in the face of climate change—to do it.
It’s time to put human welfare at the center of our climate strategies, which includes reducing the Green Premium to zero and improving agriculture and health in poor countries.”
Always read the original source.
“Scaring intellectually helpless children into becoming a bunch of Greta nitwits.“
How dare you?
We are almost there. Ground stop at Newark tonight. I estimate we are a week away from a shutdown at all airports.
Qatar is a hell of an ally. Besides harboring terrorists, they are a human rights disaster. Especially their abuse of foreign labor and mass human trafficking violations. Of course, that’s only the tip of the iceberg. The treatment of women and gays is deplorable there. But now Trump gets to add another property to his portfolio to go with his Dubai golf course.
TDS?
Nah. Just imagine if Biden accepted a plane from them. You’d be going ballistic. But MAGA can do no wrong.
And last I read, Israel and Gaza are far from a cease fire.
I’m going to Vegas on Tuesday. We’ll see how that goes.
Don’t listen to Donald Trump regarding possible ways to treat your covid, or the safety of tylenol for pregnant women.
Don’t listen to RFK Jr regarding vaccine safety.
Don’t listen to Greta Thunberg (or people who throw paint on artworks) regarding the risks of climate change.
Listen to what the scientists who study these things say.
I listen to Rammstein.
Du you?
No- but I listen to Kraftwerk.
Kind of like this guy. I can see the appeal.
https://www.facebook.com/reel/1399181864641235
Some more awesome.
https://www.facebook.com/reel/1687012015312863