New Jersey is a special state. Its sandwiched in between New York and Pennsylvania. With that you have a lot of people that operate in all states and commutes from Jersey. Though, the state has had problems with its economy and poverty issues. Another issue the state can add to the list is expensive real estate. New Jersey is one of the most densely populated states in the country but the economy has suffered. It doesn’t have a super industry with Southern California and New York. A lot of the citizens are working blue-collar jobs where they can’t afford apartments. The information was published through centraljerseyworkingmoms.com.
Unfortunately, Jersey has one of the highest foreclosure rates in the country. Now this isn’t a surprise to the mayors of Jersey City and Newark, reveals Wall-Street Journal. They have dealt with the issue of years with expensive real estate in lose-lose situations. The real estate agencies can’t profit when they can’t afford to price their properties for a lower price and no one can afford it. Some are hopeful for the future and many determined individuals have proposed bills that help people that are earning a lower income. With the right decisions and funding any problem can be solved in New Jersey.
The problem is with the wealthier citizens of Jersey. In order to help people in poverty, the government has to establish programs to help people. To pay for these programs, it comes in taxes. The wealthier people in the state don’t want to pay these taxes and are willing to move out of the state. Also, some of them disagree with the reasons for them paying more money. Some citizens will become prideful and decide they don’t want to help other people that are struggling in Jersey. The recession of 2008 is still hitting the economy in Jersey to an extent.
Boraie Development is a real estate company established by Omar Boraie dedicated to serving clients with nice locations. They offer a lot of services such as property management and marketing. They believe they work with the strongest financial institutions. Their goal is to create a better environment for the market.
Former superstar athlete Shaquille O’Neal went back to his hometown of Newark to help Boraie in a development partnership. For these concepts, they have not been seen in Newark in over a century. With others they will grow and claim their title as the best real estate company in Jersey.
George Soros has spent a lifetime as a leading funder for Democratic politics and a constant proverbial boogeyman for Republicans. Born in Hungry, he later fled the country and put himself through the London School of Economics with his wages from working as a railway porter and a waiter. The 85-year-old philanthropist has called New York his home for decades. After getting his start in finance at a merchant bank he has been working as a finical trader, where he has amassed an estimated $24.9 billion fortune through high-risk currency trades over the years. With this fortune, George Soros has dedicated himself to furthering the causes he feels strongly about, both including Democratic Party causes and beyond to liberal causes in general. He has always been politically active.
However, with the recent election and the events leading up to it, he has become more active in politics than he had been in quite some time. Politico notes that Soros had donated $7 million to a super PAC supporting Clinton called Priorities USA Action, according to FEC filings. This would make it the biggest recipient of his political assistance that cycle.In addition to this, Soros is also an advent supporter of the group End Citizens United, a group dedicated to reforming the elections and the disastrous ruling that idea that “corporations are people”
That allows unlimited contributions from corporations for special interest groups. He gifted the group a $5,000 check last election cycle, the maximum he could legally give to that group.On top of all of his political donations, George Soros also gives heavily to other causes. He is the owner and donator of his own international foundations. These foundations have donated more than $13 billion over the past 30 years to nonprofits that work to defend human rights, as well as foundations that help reform the democratic development in Eastern Europe and assist in getting access to healthcare and education in the U.S. and all across the globe.
When Jim Rothenberg, the Chief Executive Officer of Capital Management Group, passed away the company knew that Timothy Armor was the next in command.
At the time the company was focusing on rebuilding its one point four million dollar assets and they knew that Armor was just the man for the job. Having worked at Capital Management since the day he started in the industry, Armor knew the ends and outs of the company well. He had been Rothenberg’s right hand man at the time of Rothenberg’s passing. He was also the chair of Capital’s Management Group and had helped the company open up on items they had been keeping behind doors. Armor understood that this was important to their business because they are seen as being more trustworthy.
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More recently, Timothy Armor discussed Warren Buffet’s decision to invest. He does note in his first two paragraphs that Buffet has been good in helping people to understand that simple investments for long-term growth are the best way to go about investing in the first place. Going more in detail though, he points out that there is too much debate between passive and active investing and that the ultimate goal should be the happiness of the customer. Throughout the article, Armour notes that customers must come first in every aspect of the investing process. He also notes that investing, no matter what type, is a risk and that there is no crystal ball. Like life itself, investing is an area where people must come first and as Armor says its time to, “talk about the real steps these investors can take to earn higher returns and peace of mind.”
Read more: Timothy Armour, Capital Group CEO, Says Post Trumo Change in Markets ‘Is Real’