fat-ass-bike wrote:
I've seen and heard of stories repeatedly how many 2 bedroom apartments are being reconfigured to maximize tenant numbers -

dtjcview wrote:
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bodhipooh wrote:
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Yvonne wrote:
bodhipooh, I truly feel sorry for you. You are incapable of having a discussion without attacking someone. I also feel sorry for the people who are in your inner circle. Life must be difficult for them, too.

What can I say Yvonne? Apparently, your God sees things differently, having blessed me with a great family and a solid group of friends. The only difficulty in my life is having to deal with ignorant idiots, such as yourself. I hear it gets easier/better over time, so I guess I will just keep biding my time.

One clear example of what's wrong with the US ed system - we let the village idiots teach our kids.

bodhipooh wrote:
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Yvonne wrote:
bodhipooh, I truly feel sorry for you. You are incapable of having a discussion without attacking someone. I also feel sorry for the people who are in your inner circle. Life must be difficult for them, too.

What can I say Yvonne? Apparently, your God sees things differently, having blessed me with a great family and a solid group of friends. The only difficulty in my life is having to deal with ignorant idiots, such as yourself. I hear it gets easier/better over time, so I guess I will just keep biding my time.

chvn wrote:
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Yvonne wrote:
But in the meantime more immigrants from Puerto Rico was arriving in Hoboken and I saw the housing market become tight.

OMG. The funniest thing I've read today. What a 'tard!

greenville wrote:
Come on now, the reason why rents are going through the roof is because of the NYC real estate market, not immigrants. People want to live close to Manhattan and that's why rents jumped in DTJC and in turn all the new people moving into DTJC has meant jobs for the rest of city helping jack up the rents for everybody else. Also the never ending tax hikes, utilities hikes, insurances hikes, have also contributed to this.

greenville wrote:
Come on now, the reason why rents are going through the roof is because of the NYC real estate market, not immigrants. People want to live close to Manhattan and that's why rents jumped in DTJC and in turn all the new people moving into DTJC has meant jobs for the rest of city helping jack up the rents for everybody else. Also the never ending tax hikes, utilities hikes, insurances hikes, have also contributed to this.

JCMan8 wrote:
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dtjcview wrote:
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JCMan8 wrote:
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I'm not talking about rents. Since this thread predictably got off topic I addressed your fallacy about H-1B workers.

And you are just wrong and have an outdated way of thinking. Read the article. Many of these employees are "true highly-skilled." They were helping the company generate profit. However, the company can generate even MORE profit by replacing you with an H-1B worker who gets paid half as much. And apparently they rely on you to train them before giving you the boot.

What fallacy? My point was H1 or not, rent would likely remain the same, and possibly decrease H1 versus US worker. What are you arguing?

And because it says in print someone is "highly skilled" - doesn't make it so. A trained code monkey is still a monkey. The fact they could be replaced with minimal training says to me they weren't "true highly skilled".

Your fallacy was in saying the reason US workers aren't getting those jobs is because they don't have the training. And if they did they could compete with the H-1B workers. Not true.

Yes, some tech companies lobby to increase the amount of H-1B visas given out because they claim there aren't enough workers with the training to fill the position. What they leave out is "at the low wages we want to pay." Rather than raise the wages they are willing to pay, these companies simply want to (and do) import workers here to do the jobs at half the cost.

As the article says: "The program has created a highly lucrative business model of bringing in cheaper H-1B workers to substitute for Americans,? said Ronil Hira, a professor of public policy at Howard University who studies visa programs and has testified before Congress about H-1B visas."

Again, we have gone off topic as I'm not talking about this impact on rents but it aggravates me to see people mindlessly spew out the same lies and nonsense that are used to justify the continued shifting of wealth to the very top.

Yvonne wrote:
But in the meantime more immigrants from Puerto Rico was arriving in Hoboken and I saw the housing market become tight.

dtjcview wrote:
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JCMan8 wrote:
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I'm not talking about rents. Since this thread predictably got off topic I addressed your fallacy about H-1B workers.

And you are just wrong and have an outdated way of thinking. Read the article. Many of these employees are "true highly-skilled." They were helping the company generate profit. However, the company can generate even MORE profit by replacing you with an H-1B worker who gets paid half as much. And apparently they rely on you to train them before giving you the boot.

What fallacy? My point was H1 or not, rent would likely remain the same, and possibly decrease H1 versus US worker. What are you arguing?

And because it says in print someone is "highly skilled" - doesn't make it so. A trained code monkey is still a monkey. The fact they could be replaced with minimal training says to me they weren't "true highly skilled".

JCMan8 wrote:
...
I'm not talking about rents. Since this thread predictably got off topic I addressed your fallacy about H-1B workers.

And you are just wrong and have an outdated way of thinking. Read the article. Many of these employees are "true highly-skilled." They were helping the company generate profit. However, the company can generate even MORE profit by replacing you with an H-1B worker who gets paid half as much. And apparently they rely on you to train them before giving you the boot.

dtjcview wrote:
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JCMan8 wrote:
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dtjcview wrote:
Perhaps. Or perhaps if US workers were better trained they'd compete for the same jobs H1 workers now get - with the same net impact to real estate.

Objectively untrue, as proven by Disney. The NYT article Yvonne posted is actually very good.

Basically, 250 high skilled Disney workers who "kept the data systems humming" were laid off and replaced with cheaper Indian H-1B workers (yes, the article says they are all Indian).

Apparently they had been very productive, with several employees receiving glowing performance reviews raving about how much money they were saving the company. When they got called into HR, some of them thought they'd be receiving a bonus, instead of being replaced.

Even worse, Disney offered all laid off employees a severance bonus consisting of 10% of their salary but conditioned this on having the workers spend three months to train their replacements.

So you should correct your comment to follow what is actually happening: "Or if US workers were better trained they'd be granted the privilege of training their far cheaper H-1B replacements."

If anything, that would drive rents down.

The value proposition of outsourcing like that is to move substantial operations overseas. That whole shift happened a decade ago in more leading edge industries - and the jobs lost were the less skilled ones. If you're not helping a company generate profit - you're an expense that can and will be trimmed. Like it or not, that's business. A true highly-skilled tech worker will have zero problem finding employment.

JCMan8 wrote:
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dtjcview wrote:
Perhaps. Or perhaps if US workers were better trained they'd compete for the same jobs H1 workers now get - with the same net impact to real estate.

Objectively untrue, as proven by Disney. The NYT article Yvonne posted is actually very good.

Basically, 250 high skilled Disney workers who "kept the data systems humming" were laid off and replaced with cheaper Indian H-1B workers (yes, the article says they are all Indian).

Apparently they had been very productive, with several employees receiving glowing performance reviews raving about how much money they were saving the company. When they got called into HR, some of them thought they'd be receiving a bonus, instead of being replaced.

Even worse, Disney offered all laid off employees a severance bonus consisting of 10% of their salary but conditioned this on having the workers spend three months to train their replacements.

So you should correct your comment to follow what is actually happening: "Or if US workers were better trained they'd be granted the privilege of training their far cheaper H-1B replacements."

dtjcview wrote:
Perhaps. Or perhaps if US workers were better trained they'd compete for the same jobs H1 workers now get - with the same net impact to real estate.

Bamb00zle wrote:
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It's likely to be a complex array of factors but at least some of the increase in rents could be due to legal immigration. A lot of foreign money has gone into Manhattan real estate, increasing prices and ?driving? people to surrounding areas.
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CatDog wrote:
Rents aren't going up because of a few illegal immigrants. What a dumb idea. Rents are going up because wealthy people move into neighborhoods and drive rents up.

Rents are also going up because taxes and utility prices are going up, and those are going up because our local and state governments are completely inept and corrupt. It's because of things like the state spending $15 million to build two ugly concrete walls in LSP. Or Newark's water dept manager siphoning off millions of dollars over the years. Or JC's Buildings Dept's shakedowns that lead to higher building costs. Or the $3 billion this state spends on public pensions alone. or all the tax abatements given out to millionaire and billionaire developers.

NJ has an $7.5 billion budget deficit! Our property taxes are the highest in the nation and bound to go even higher due to this deficit, and rents will follow. It's not due to some illegal immigrants working for $5 an hour.

WhoElseCouldIBe wrote:
The US has a declining birth rate without immigrants. You know that a declining birth rate is a death sentence for the economy in the long run, right? We need immigrants to grow

WhoElseCouldIBe wrote:
The US has a declining birth rate without immigrants. You know that a declining birth rate is a death sentence for the economy in the long run, right? We need immigrants to grow

JCMan8 wrote:

To me it is more evidence both parties are completely bought and paid for, and the 1% (or .1%) completely control the system, economically.

Monroe wrote:
There has been wage regression under both of Obama's terms as POTUS, although the DOW and Wall Street are at record highs. The 1% are doing much better under Obama than before he came into office.

caj11 wrote:
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Monroe wrote:
Nonsense about illegal aliens not getting public assistance. An illegal alien with, say, 3 kids in a Jersey City school is stealing over $60,000/year from JC and NJ taxpayers. Throw in free lunches, preK, and it's more. All money being stolen from our kids and wallets.

The law requires all public schools to take the children of illegal aliens, which is a problem, I get that.

But how, exactly, are children of illegal aliens qualifying for free lunches and free pre-K? There are forms to fill out for that and your status as a citizen or resident alien has to be verified. Unless the people processing those forms are slacking and not doing the proper verifications.

Better still, go to this link, and read the myth about illegal aliens not paying taxes but still getting government benefits.

http://www.tolerance.org/immigration-myths

Most importantly, illegals who rent apartments in Jersey City or anywhere else are ultimately contributing to the property tax base, which is the main source of funding for our schools.