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Old 12-24-2012, 03:29 PM
 
Location: New Jersey!!!!
19,031 posts, read 13,937,683 times
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Quote:
Originally Posted by SeventhFloor View Post
Where do you keep your equipment? I'm afraid I might not have the space....
I have a small garage, but I'm even downsizing whatI have left by going all electric. Much less equipment required for that. You could do small batches on a stove and basically need nothing but a bucket.
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Old 12-24-2012, 03:30 PM
 
106,579 posts, read 108,713,667 times
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Ill bet whatever you dont drink works great killing crab grass or flushing out a radiator.
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Old 12-24-2012, 03:38 PM
 
Location: New Jersey!!!!
19,031 posts, read 13,937,683 times
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Lol, what tou're thinking of is for when I move out of the city. For now, I brew high quality beer only.
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Old 12-24-2012, 03:40 PM
 
34,018 posts, read 47,240,427 times
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Quote:
Originally Posted by Airborneguy View Post
I have a small garage, but I'm even downsizing whatI have left by going all electric. Much less equipment required for that. You could do small batches on a stove and basically need nothing but a bucket.
Oh we gotta talk for the New Year.
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Old 12-24-2012, 09:42 PM
 
Location: NY,NY
2,896 posts, read 9,809,216 times
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Quote:
Originally Posted by mathjak107 View Post
same thing happened with all those nice cheap homes you used to see advertised in the poconos every friday.

monroe county taxes went through the roof.

the "why rent when you can own " campaign the builders like LTS had in the poconos came to an end years ago when expenses and taxes left many developments mostly in foreclosure as the reality is home ownership is a lot more costs then mortgage and real estate taxes.

heck we sold off our pocono home in july as even without a mortgage and living there part time it cost us 10k a year in expenses plus another 10k a year we werent getting on the money tied up in the house. for 20k a year it was crazy maintaining the other place.
What happened in the Poconos is a little more complicated than simple tax hikes.

In addition, the tax hikes there were DIRECTLY commensurate to the increase in population, and significantly to the increase in school cost!!

****

Off point for a moment, to those who think it fair for others to pay for the education of your children, consider the Monroe County circumstance. Existing residents, generational residents were compelled to pay higher taxes not to their benefit, BUT to the benefit of all those ex-NYers and their children.

How is it fair or appropriate to have your taxed increased to pay for these people??? You want to move here fine! But, don't ask me to pay for the education of your children.

Particularly, in the circumstance of MASS INFLUX!! Not at all fair. If it is not fair in the Monroe County circumstance, it is not fair PERIOD!


Now, back to your regularly scheduled program....

****

The reality of the Pocono debacle is a matter of shoddy housing sold to inexperienced and unknowing buyers. Lack of insulation and Pocono winters. Extremely LONG commutes. Culture clash. Unsupervised *City* kids. Along with a precursor of the latter mortgage mess---people buying *dreams* they could not afford! As well as, the greed of the Mafia connected developers. Taxes were the least of the issue.

Though, as I boldly highlighted, the taxes disproportionately effected existing residents/property owners. I take it you were one.

A couple of 2004 NYtimes articles detailing the reality (the circumstance was doomed long before any tax increase):

Blue Skies and Green Yards, All Lost to Red Ink - New York Times

Hanging On, From Predawn to Way Past Dusk; For Poconos Newcomers, Long Days and Lean Wallets - New York Times

What happened to these folks is a dmn shame, but is the consequence of ignorance and over reach.
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Old 12-24-2012, 09:57 PM
 
Location: New Jersey!!!!
19,031 posts, read 13,937,683 times
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Quote:
Originally Posted by SeventhFloor View Post
Oh we gotta talk for the New Year.
Sounds good!
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Old 12-25-2012, 02:20 AM
 
106,579 posts, read 108,713,667 times
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Quote:
Originally Posted by jcoltrane View Post
What happened in the Poconos is a little more complicated than simple tax hikes.

In addition, the tax hikes there were DIRECTLY commensurate to the increase in population, and significantly to the increase in school cost!!

****

Off point for a moment, to those who think it fair for others to pay for the education of your children, consider the Monroe County circumstance. Existing residents, generational residents were compelled to pay higher taxes not to their benefit, BUT to the benefit of all those ex-NYers and their children.

How is it fair or appropriate to have your taxed increased to pay for these people??? You want to move here fine! But, don't ask me to pay for the education of your children.

Particularly, in the circumstance of MASS INFLUX!! Not at all fair. If it is not fair in the Monroe County circumstance, it is not fair PERIOD!


Now, back to your regularly scheduled program....

****

The reality of the Pocono debacle is a matter of shoddy housing sold to inexperienced and unknowing buyers. Lack of insulation and Pocono winters. Extremely LONG commutes. Culture clash. Unsupervised *City* kids. Along with a precursor of the latter mortgage mess---people buying *dreams* they could not afford! As well as, the greed of the Mafia connected developers. Taxes were the least of the issue.

Though, as I boldly highlighted, the taxes disproportionately effected existing residents/property owners. I take it you were one.

A couple of 2004 NYtimes articles detailing the reality (the circumstance was doomed long before any tax increase):

Blue Skies and Green Yards, All Lost to Red Ink - New York Times

Hanging On, From Predawn to Way Past Dusk; For Poconos Newcomers, Long Days and Lean Wallets - New York Times

What happened to these folks is a dmn shame, but is the consequence of ignorance and over reach.

what you posted is very true of monroe county, but monroe is only one of the counties that make up the poconos. the other counties have little of the issues of monroe.

where we were taxes were very low and we had no issues in pike county like monroe county did but we were much further away pretty much ruling out commuting daily to nyc.


the problems you speak of were unique to monroe county. thats the county the why rent when you can own media blitz was aimed at since they are off route 80 and only 90 minutes away from nyc on a good day.

pike and wayne some of the other counties that make up the pocono area have none of those issues. you really have to go to scranton to find those infrastructure issues again.

the problem was so many new yorkers and new jersey folks moved to monroe county because they could commute back to work.

that meant they were using the schools,hospitals and infrastructure in pa but because they worked in new jersey and new york their income tax money went elsewhere.

you had all these transplants using the facilities in monroe county but contributing little to the tax base as it went to ny and new jersey if you worked there.

real estate and school taxes were the only way these things could be supported and the increases were insane.

monroe county is a cesspool with gangs , drugs and crime being a problem.

we were in pike county, its night and day compared to monroe since its really to far to commute. we are off route 84 pretty far from the route 80 mess.

2 hours door to door to bayside queens in no traffic.

we had the opposite problem. the lake wallenpaupack area has many many part timers. we pay school taxes,sales taxes and real estate taxes and use little of the infrastructure.

pike county is the boating mecca of the northeast. lake wallenpaupack has 52 miles of shoreline its so big. so many like ourselves are part timers.

our taxes were very low at only 2800 a year for school and real estate taxes on a 300k house in a gated community yet we had the best school district in all of nepa.

lake wallenpaupack high school was better equipt then many universities . the district had so much money coming in from school taxes and locals not using the facilities that they had alot of money to invest in infrastructure.

we didnt even maintain our own police force. we didnt really need one. for 15k a year we would use the hawley police part time if need be otherwise we relied on the state police for everything.


the real story of monroe county was false promises about costs and living proof of what happens to a community when the states surrounding you take your income tax base when you work outside the state .

new york demanded their income taxes first from pa residents who worked there and if anything was left which was rare pa would get the scraps.

pa had deals with other surrounding states to be first in line for the income tax if their residents worked in other states but new york and new jersey would cut no such deal.

Last edited by mathjak107; 12-25-2012 at 03:44 AM..
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Old 12-25-2012, 10:43 AM
 
106,579 posts, read 108,713,667 times
Reputation: 80063
heres an example of the agreement pa has with maryland.

if you work in maryland and live in pa then you pay pa income taxes and not marylands.

thats the opposite stance new york and new jersey have and thats whats hurting pa who has to build infrastructure for those who live in pa but work in new york.


the big problem in NEPA is their main economy is tourisim . its all min wage stuff so in order to work most have to commute to other states and because of it pa sees no tax revenue from them.
-------------------------------------------------------------------------------------------------------
Residents of Pennsylvania, Virginia, West Virginia and Washington, D.C.

If you work in Maryland but reside in a reciprocal tax state (Pennsylvania, Virginia, West Virginia or Washington, D.C.),and your only income from a Maryland source is wages, you can be exempt from Maryland income tax and Maryland withholding tax on those wages. Follow the instructions for line 4 of the MW507 form.
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Old 12-25-2012, 11:27 AM
 
Location: Bronx
16,200 posts, read 23,033,564 times
Reputation: 8345
Quote:
Originally Posted by 85dumbo View Post
The idea that everyone deserves to own a home and get a mortgage (Started by the Clinton Admin), is what created the mortgage debt crisis that crashed the global economy.

Homeownership is not a right. If you can't afford it, then rent.
I have to agree with you that Clinton created plenty of mess that forshadowed this great country years later, lets see if Bush and now Obama's policies what impact will they have on America's future! Lets not forget that the government did a poor **** job regulating what banks can do and who to loan money to. I think if you can't afford a house even though you have good or fair credit you should not be eligible to own a home in the first place.
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Old 12-25-2012, 11:31 AM
 
106,579 posts, read 108,713,667 times
Reputation: 80063
the bulk of defaults were not the relative few that were sold a bill of goods they really couldnt afford. the bulk were people that lost their jobs with the recession , and the biggest group was those who just decided since their homes are worth less then they owe they aint paying.

the public got greedy and thought their home was a giant piggy bank. they kept trying to flip bigger and more expensive homes and they gambled and lost.

you can not totally blame everyone else everywhere for the publics stupidity.
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