And guess what many of our NJ teachers are doing as they retire in their early 50's and take a lifetime generous pension direct deposit for the rest of their lives?
That's right - they are moving out to avoid the high property taxes. The states of choice right now are North Carolina (VERY popular) and the ever present Florida.
But don't worry - when they come and visit NJ to see their relatives, they go down to Atlantic City and gamble quit heavily. I've seen them.
...so that's why North Carolina is going into the crapper so quickly. By the way...when they aren't visiting those NJ relatives; they are lined up thick as thieves in front of the slots at Cherokee. :-)