Category Archives: Politics

Canada – take the money and run

Posted on August 30, 2025 by grim

From Mortgage Professional: Canadians are flocking away from the US housing market More than half of Canadians who own US residential properties are considering selling within the next year, according to a Royal LePage survey.   Of those planning to sell, 62% … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, Politics | 66 Comments

NJ Transit Fire Sale?

Posted on August 27, 2025 by grim

From the Ridgewood blog: NJ Transit Eyes Multi-Million Dollar Real Estate Sales to Boost Revenue and Spur Development Ridgewood NJ, NJ Transit is preparing to transform parking lots and underused land into revenue-generating developments — with the potential to reshape … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 99 Comments

Look on the bright side?

Posted on August 24, 2025 by grim

From USA Today: How much NJ taxpayers stand to save from Trump tax cuts in 2026, county by county President Donald Trump’s “One Big Beautiful Bill” is now law, and millions of New Jersey taxpayers will see lower federal tax bills starting … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 41 Comments

Junk it

Posted on August 14, 2025 by grim

From the Real Deal: Why Cuomo is wrong about Mamdani’s rent-stabilized apartment Like any good socialist, Zohran Mamdani is familiar with the Marxist phrase, “From each according to his ability, to each according to his needs.” Mamdani says he was … Continue reading →

Posted in Crisis, Demographics, Economics, NYC, Politics | 104 Comments

Someone can still afford to buy

Posted on July 31, 2025 by grim

From Newsweek: China Buys Up Property in America’s Hottest Housing Market The New Hampshire city at the center of a recent controversy surrounding a Chinese company’s local real estate purchase, Nashua, has been named the hottest housing market in the country. … Continue reading →

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

Ready for the epic market crash?

Posted on July 26, 2025 by grim

From Kiplinger: No Capital Gains Tax on Home Sales Coming Soon? What You Need to Know In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, Politics | 100 Comments

Shut up and pay up

Posted on July 13, 2025 by grim

From Fox Business: New Jersey tops nation’s highest property tax list at $9,413 while southern states offer relief

Posted in National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 89 Comments

Sorry Sellers

Posted on July 6, 2025 by grim

From NJ.com: NJ ‘mansion tax’ rates increase under new bill, now are paid by property sellers Multimillion-dollar home sales in the Garden State will be subject to higher fees under the New Jersey mansion tax as part of a new … Continue reading →

Posted in General, New Jersey Real Estate, Politics | 25 Comments

Sorry Millionaires

Posted on June 30, 2025 by grim

From WHYY: Why are New Jersey housing costs continuing to rise — and who should pay for affordable housing? On Monday, the New Jersey Legislature is expected to give final approval to the state’s fiscal year 2026 spending plan. The $58.8 … Continue reading →

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

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