Category Archives: Politics

Expensive houses going to get even more expensive

Posted on June 2, 2025 by grim

From NJ Spotlight News: As housing prices rise, Murphy wants a tax increase With housing prices rising steadily and aggravating affordability concerns, Gov. Phil Murphy wants to hike fees levied on New Jersey’s priciest real estate sales, a tax increase … Continue reading →

Posted in Demographics, Housing Bubble, New Jersey Real Estate, Politics, Property Taxes | 107 Comments

Bergen goes Blockchain

Posted on June 1, 2025 by grim

From The Street: New Jersey just put $240 billion worth of real estate on the blockchain New Jersey’s most populous county, Bergen County, is home to approximately 1 million. Part of the prosperous New York City metropolitan area that is … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 23 Comments

Pass the salt, please

Posted on May 17, 2025 by grim

From the Realtors: These High Tax States Could Benefit the Most From Higher SALT Deduction There’s a new bill in Washington that’s become the subject of some ugly debate. In a surprising twist, the fate of the current House Republican … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 76 Comments

Is it really collusion if the data is public?

Posted on April 24, 2025 by grim

From Reuters: New Jersey sues RealPage, says collusion with landlords drives up rents New Jersey sued the property management software company RealPage, accusing it and 10 of the state’s largest landlords of conspiring to drive up residential rents, violating federal … Continue reading →

Posted in Crisis, Housing Bubble, New Jersey Real Estate, Politics | 153 Comments

NJ Property Taxes – Uncapped Liability

Posted on April 1, 2025 by grim

From the Star Ledger: Struggling N.J. school district wants to raise taxes 36% in ‘shocking’ move  Local officials are facing off in Plainfield after the city’s board of education proposed raising local school property taxes by 36% — the district’s … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 139 Comments

Tariffs to push up cost of housing

Posted on March 18, 2025 by grim

From CBS News: Trump tariffs could add more than $9,000 to cost of a new home, builders say resident Trump’s tariff policies could make building or renovating a home in the U.S. more expensive, according to builders.  The rising costs … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, New Development, Politics | 49 Comments

NJ just got a little more office space

Posted on March 12, 2025 by grim

From NJBIZ: DOGE cancels NJ leases totaling $2.76M in annual rents  As DOGE continues efforts to purportedly search for savings within the federal government, a number of commercial leases – including in New Jersey – are on the chopping block. Nationwide, … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 60 Comments

Taxes don’t make things better?

Posted on March 11, 2025 by grim

From NJ Business Magazine: 80% of CPAs Concerned NJ Budget Will Leave Economy Worse Eighty percent of the 350 certified public accountants (CPAs) surveyed by the New Jersey Society of Certified Public Accountants (NJCPA) after Gov. Phil Murphy proposed his $58.1 … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 65 Comments

Tariffs good for home prices?

Posted on March 5, 2025 by grim

From CNBC: Here’s how tariffs will hit the U.S. housing market From lumber to drywall to appliances to finishings, much of what goes into a U.S. home comes from outside American borders. The cost of those products is about to … Continue reading →

Posted in Crisis, Economics, Housing Bubble, National Real Estate, Politics | 110 Comments

NJ going to cost you a little more next year

Posted on March 3, 2025 by grim

From the Star Ledger: You won’t believe what N.J. is trying to tax now. Here’s the full list.  The list of taxes and fee changes in the proposed budget include: Brand-new taxes: The state anticipates collecting $277 million by taxing go-cart … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 121 Comments

NJ Wealth Tax

Posted on February 28, 2025 by grim

From northjersey.com: Is Murphy’s proposal to increase NJ’s ‘mansion tax’ a good thing? Experts have concerns Gov. Phil Murphy’s 2026 fiscal year budget proposal includes $1.2 billion in new sales taxes and fees on things like alcohol, warehouse truck traffic, drones and … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 268 Comments

Trump axes NYC congestion tolls

Posted on February 20, 2025 by grim

From the Hill: Trump declares New York ‘saved’ from congestion pricing: ‘Long live the king!’ President Trump on Wednesday declared New York “saved” after his administration announced it would rescind the Biden-era approval of a congestion pricing plan. “CONGESTION PRICING IS DEAD. … Continue reading →

Posted in New Jersey Real Estate, North Jersey Real Estate, NYC, Politics | 186 Comments

Will federal job cuts pop the bubble?

Posted on February 16, 2025 by grim

From HousingWire: The impact of job cuts on the DC housing market Is the Washington, D.C. housing market facing a sudden collapse ignited by DOGE’s job-cutting? A whirlwind of social media posts from dubious figures has sparked speculation that a large … Continue reading →

Posted in Crisis, Housing Bubble, National Real Estate, Politics | 38 Comments

NJ Economic Predictions 2025

Posted on January 15, 2025 by grim

From Princeton Perspectives: 2025 New Jersey Economic Outlook Real Estate – In real estate, the housing market could see moderate growth, however, housing affordability will remain a challenge. New Jersey’s municipalities are currently contemplating the impact of having to come … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 123 Comments

Build Baby Build

Posted on January 3, 2025 by grim

From RENJ: Judge: State can continue rollout of affordable housing law, pending outcome of legal challenge A judge has denied a request by some two dozen towns to halt the rollout of New Jersey’s new affordable housing law, in a … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate, Politics | 63 Comments