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NJ housing market was already struggling before hurricane

By Patrick   2012 Nov 4, 11:08am   1,452 views   8 comments   watch (0)   quote      

http://www.telegram.com/article/20121104/NEWS/111049665/1237

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1   lostand confused   209/209 = 100% civil   2012 Nov 4, 11:55am  ↑ like   ↓ dislike   quote    

I hear property taxes are horrendous in New jersey??

2   theoakman   45/45 = 100% civil   2012 Nov 4, 12:54pm  ↑ like   ↓ dislike   quote    

lostand confused says

I hear property taxes are horrendous in New jersey??

a middle class citizen in NJ considers 7k a year on a home "low property taxes"

3   Tenpoundbass   963/964 = 99% civil   2012 Nov 4, 11:46pm  ↑ like   ↓ dislike (1)   quote    

For 7K a year, I would expect the Mayor to personally deliver me coffee and the current news paper every morning.

4   TwoScoopsMcGee   1175/1175 = 100% civil   2012 Nov 5, 12:42am  ↑ like   ↓ dislike   quote    

The problem in NJ is every township - only a few square miles - has it's own Police, Fire, even their own Health Department. And of course, the Freeholders - what NJ calls local elected officials - are invariably Realwhores.

You'll never see so many police as you will if you live in NJ. I think maybe once out of 20 trips around the corner, I DIDN'T see a cop. It's also why car insurance is so high there - cops writing tickets left and right.

I only lived in NJ for a couple of years, but NJ accounts for all of my speeding tickets but one. And they're all "45 in a 35" BS tickets.

5   theoakman   45/45 = 100% civil   2012 Nov 5, 12:55am  ↑ like (1)   ↓ dislike   quote    

thunderlips11 says

The problem in NJ is every township - only a few square miles - has it's own Police, Fire, even their own Health Department. And of course, the Freeholders - what NJ calls local elected officials - are invariably Realwhores.

You'll never see so many police as you will if you live in NJ. I think maybe once out of 20 trips around the corner, I DIDN'T see a cop. It's also why car insurance is so high there - cops writing tickets left and right.

I only lived in NJ for a couple of years, but NJ accounts for all of my speeding tickets but one. And they're all "45 in a 35" BS tickets.

hehe, every time I make the drive from Jersey to Boston, I pass about 10 - 15 cops along the NJ turnpike. Then, as I hit every other state, I'm lucky to pass 1 or 2 cops.

The other problem in NJ is that the local municipalities are forced to fund the inner city schools. The inner city schools supposedly end up "spending" 23 k per kid on education. The reality is, administrators, politicians, and politically connected groups funnel the money away and its a never ending cycle of waste/fraud.

6   zzyzzx   569/569 = 100% civil   2012 Nov 5, 1:14am  ↑ like   ↓ dislike   quote    

Call it Crazy says

That included more than 20,000 properties worth $4.8 billion in the Atlantic City area, where Sandy destroyed part of the boardwalk and amusement rides.

Atlantic City has amusement rides???? The only amusement rides in Atlantic City are the ones on the steel pier, and those are for little kids. Aid it doesn't look damaged much or at all to me as per Boardwalk Cam.

Atlantic City Resorts Boardwalk cam suggests no damage to the boardwalk in the tourist area (as per reports):

http://www.resortsac.com/beach-cam

I see a lot more people on the Boardwalk today (although an off season Monday morning should be sparse)

The part of Atlantic city that got whacked is the residential area, which is mostly a ghetto.

7   zzyzzx   569/569 = 100% civil   2012 Nov 5, 1:17am  ↑ like (1)   ↓ dislike   quote    

theoakman says

The reality is, administrators, politicians, and politically connected groups funnel the money away and its a never ending cycle of waste/fraud.

Don't you really mean bloated salaries and pensions?

8   bob2356   494/498 = 99% civil   2012 Nov 5, 1:47am  ↑ like   ↓ dislike   quote    

lostand confused says

I hear property taxes are horrendous in New jersey??

My relative in essex county (north jersey) pay 15k for a 400-450k 2000 sq ft house in a middle class area of essex. My relatives in ocean county (south jersey) pay around 4k for a similar houses worth maybe 120-140k. Taxes are stupidly high in NJ because as people have pointed out there all those little towns each duplicating services.

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