Glad everyone is well, safe, and outta Jersey!
One of my sons (along with his friends) is backing out of their Memorial Day weekend rental at the shore; I’d imagine everyone else is doing the same (while they can do so within the contract). The southern part of the shore (around Atlantic City) was already screwed; the PA casinos gave them a run for their money and some nice towns down there have been leading the state in foreclosures as a result.
A lot of landlords in the NYC area are looking for property tax relief as a result of the de facto rent strike going on (since evictions have been suspended for a few months); I don’t know where that will lead, or how it impacts those shore rentals - they are real moneymakers!
As for the shore businesses, I suspect many will be ruined if they can’t open soon; we’ve had crappy weather up here for weeks, but it is starting to break and people are going out regardless of “stern warnings” from the governments. The politicians are still sounding the alarms to keep their iron grip on the people, but more and more will just open on their own; I’ve noticed on my own street that over the past few weeks there are far less cars parked during the weekdays - people are already returning one way or another.
NJ and NY are reaping what they’ve sown for the past couple of decades; they’ve taxed the good employers and some of the best employees out of the state, and replaced them with Thirdworlders (many dependent on public assistance) just to keep the infrastructure occupied (to keep the government worker caste employed). Now they can’t get those “replacement Americans” to abide by any regulations at all (not just with the virus, but with paying taxes and such). For all the talk about a “cashless society”, NJ within the past couple of years passed a law forcing businesses to accept cash payments. While I have no objection in principle (after all, we want to be paid with something with value, and I prefer cash to electronic transactions for day-to-day spending), the fact is that growing segments of our economy here are black market/underground economy operations - more and more people only receive cash as pay, more and more landlords only accept cash for rents (in illegally-converted, uninspected, untaxed apartments), and more and more businesses ONLY accept cash - and openly post signs saying so (it isn’t just pizzerias doing that anymore).
The rule of law doesn’t even apply to many people here, and those law-abiding people are taxed to death to cover the shortfall. This virus will drive even more productive people and companies out, and the governments know it.
Be safe!
I met my wife in Atlanta in 2007. I was 36. Lived in Jersey all my life. Yep, it’s totally bad.
Homes are for sale everywhere. I guess people from NYC are moving in this area even more.
The one thing my parents have is a view and direct access to the beach.
My dad was a lineman for Jersey Central Power and Light for 35 years. Honorably discharged combat designated USMC Viet Nam Ribbon.
He grew up in Abury Park since 9.
I’m surprised I pried him out of Jersey. I think he is giving up,too.
Get this, my mom is a retired educator. She’s got 3 state pensions. She started off in admin. Then education. Then board. Picking up matching pension in each one.
The taxes in their municipality and state is almost 10k. 2400 sq ft house on 1/3 acre owned 50 years.
My taxes? 2,100. They went up because of that dang Braves Stadium. The one downtown just fine to lose in ;).
In the past 3 years or so, many more tri state area people have moved near me.
My polling station looked like the new part of Manalapan, NJ or Old Bridge,NJ. District 6 is so screwed if we dont recognize this. The this is Lucy McBeth seat now, she “lives” around corner from us.
Its Newts old seat. Kar Kar Handle are her way thru it and couldn’t manage to campaign.
A Stacy Adam’s personality can step right in. It will happen.
The apartments in or area are part of a ok school system, so you got a lot off “drop offs” at the bus stop. Those kids are from the inner city.
But, we are here. All good.
Take care.