Weather: Sunshine to start, then a few afternoon clouds. High 37F.
- State Department orders evacuation of U.S. diplomats’ families from Ukraine. Issues Level 4 Travel Warnings For Russia And Ukraine not to travel there.
- Local stores begin to display purim merchandice with purim in 7 weeks. Clothing stores selling summer collection.
- Rabbi speaks to thousands in Washington DC today at protest against vaccine mandates and tyranny.
- Dr. Fauci: tells ABC news "We may need to boost again." for more protection
- Tonight Divrei hisoirerus on the yartzeit of Rav Yehuda Zev Segal zatzal the Manchester Rosh Yeshiva at Zichron shneur 282 Oak knoll Lakewood speaking Rav Michel Handelsman shlita, Rav Yisrael Knofler shlita after Maariv at 10:15 pm
- A clipper system is expected to bring a period of light snow and/or flurries to the region late Sunday afternoon and evening. A coating of snow is possible.
- APP: Buy your own van? Thousands of parents in Jackson are trying to find a way to get their children from their Jackson homes to their Lakewood private schools. Parents plea with BOE officials.
- Supply and demand: Landlords are raising rental prices on tennents due to apt shortage and people willing to pay as much as 2k for 3 bdr basements.
- Sticker shock: Food prices in Lakewood soar as inflation and supply chain issues keep hitting the market. Stores have increased prices on items across the board. In NPGS chicken is at $3.99 a lb. Kosher Today reports Kosher consumers worldwide are helplessly watching creeping inflation. Retailers in the US say that prices on average have been increasing by 7% - 8% a month, including beef and poultry.
- Hachnosas Sefer Torah today at B"M Nachlas Dovid in memory of Rav Yitzchok Dovid Grossman Zatzal 12:30 Ksivas Oisiyis procession 2:00 pm 715 Park Ave
- The cost to repair the culvert under the Garden State Parkway damaged by fire Wednesday evening will likely run more than $1 million, a New Jersey Turnpike Authority official said.
- Despite some day camps not opening for the season, directors in the industry say there will be enough camps for everyone come summer.
- Israel is considering its position as tensions rise on the Russia-Ukraine border, with the Foreign Ministry set to hold a meeting on the matter on Monday.
Rav Shmuel Kamenetzky at a bris of an einikel who was named after his father Rav Yaakov Kamenetzky zatzal
landlords are ripping off poor kollel guys because they got a raise. This is shameful and outright disgusting
ReplyDeleteThere should be a cap on how much you can raise rent some places went up 300 dollars overnnight
Unfortunately we are not in a position to do so. Like has happened through out history we need some pioneers to start a new מקום תורה which will help for a few decades.
DeleteThis is not in conformance with the local ordinance
DeleteThere's a reason the rent control board was abolished!
DeleteMiller published an official statement in the spoop that he changed his mind and decided not to abolish it. He also told everyone that he was looking for volunteers but couldn't find anyone in the whole town to do it, which was not true. He then went ahead and quietly made sure not to appoint anybody onto the board. He took good care of his buddy who managed hundreds of apartment units. It didn't matter to him that yungeleit would get hurt because he took away their protections. And here we are today with a crisis on our hands.
DeleteThank you to the abolisher committeeman. We can always depend on you to mess things up for us.
I miss the previous horrible president. He might have tweeted mean things, but at least we didn't have inflation.
ReplyDeleteThe same inflation would have happened under him too. When the pandemic started, inflation became inevitable, especially after the free money that Trump distributed.
DeleteFalse, Biden Halted Gas and oil leases, gave an additional stimulus tightening the labor market, failed to take any action to get ports moving, encouraged Covid Mandates again tightening labor supply spent trillions on a fake infrastructure bill...
Deleteשבור זרוע רשע
ReplyDeleteChazal tell us that this refers to מייקרי שערים, people who put up the prices, even when their expenses did not go up.
Where is this chazal?
DeleteExpenses didn't go up?
DeleteWhat planet are you living on?
This Chazal is in Berachos and Megillah. It tells us the reason that Barech Aleinu is the ninth Beracha is because the ninth Kapittel of Tehillim is שבור זרוע רשע which refers to מייקרי שערים.
DeleteYes, the price that it cost the homeowner to build and own the house didn't increase, and certainly not in the amount that they have increased the rent.
The landlords are just passing the increases down. Utilities, insurance, taxes, are all up.
ReplyDeleteMost landlords are not paying utilities - Insurance is basic as they only need insurance to cover the structure - I assume its pretty cheap. taxes went up but the increase is what 500.00 on a duplex?
Deleteif you want to look at the rental as a business and costs went up in the world... but, until now it was always looked at a way to cover your expense for owning the home.. mortgage etc.
The landlords are passing on way more than the regular annual increases they get. They’re also tacking on hefty surcharges and fees on top of their “expenses” to make a mint off families having a difficult time paying to keep a roof over their heads.
DeleteAre the percentages of rent increases in proportion to the overall increases, or are the rent increases in greater proportion than what everything else is going up?
DeleteBTW if they are in greater proportion, it will fuel ever more inflation for just this area C"V
Rent goes up as Real Estate rises. So if you are renting 1/3 of a 500K house you can expect to pay $13-$1400, but if you are renting 1/3 of a 900K house, you can expect to pay much more.
DeleteWhy should a landlord charge less than the going rate? Most landlords in this town are also struggling middle class families and not tzedaka organizations
Rabbi Zev Epstein
ReplyDeletedid a good job
https://www.youtube.com/watch?v=UfkFu89vu3k
This rental crisis is made even worse because in their first official actions of the year, our Committeemen voted to approve for themselves all kinds of expensive raises and bonuses.
ReplyDeleteThanks to their disregard for the taxpayers, the result is that now landlords and their tenants must make sure their property can afford to pay the higher tax rate.
This problem was further compounded when the MUA commissioners recently voted to hike our utility bill by 15% and was followed immediately by our committeemen voting to TRIPLE the salaries of these wonderful commissioners (which they appointed onto the MUA), thanks to the newly raised revenue stream.
Where is our leadership?! Why are they enriching themselves at our expense? Why don’t they care??
Dear Tenants (from a Greedy landlord)a tenant I inherited left abruptly, owing me 2 months rent and approx., $500 in unpaid utility bills and a once beautiful townhome in Shambles. I had to spend $6000 to patch holes, repaint,etc. and lose another 2 months doing repairs and finding another Tenant.By the way,my Ins for the unit is $3600 plus over $12,000 in Taxes to pay for our Brilliant leaders pay raises. So Please, oh wise tenants,dont Count how little $ I make on this investment
ReplyDeleteYou're mamesh a Tzadik. You built a basement out of the goodness of your heart, and now people don't appreciate it at all. Why don't they grant you the keys to the city and set up a statue for you in the town center? You are mamesh a Tzadik.
DeleteThat is why hardly anybody in town builds a rental unit in their basement. Because they won't make any money on it.
If you move to Jackson than part of the cheshbon is that busing will be a issue why is the Jackson boe responsible to transport 3000 kids overnight to Lakewood
ReplyDeleteFrom what my sister tells me the problem is that they don't tell you, you don't have busing until school starts.
DeletePeople don't want to make other arrangements because if you get busing then you don't get aid in lu and you are stuck paying a driver.
What people want is to be told a few months in advance so they will know if they have busing.
What kind of Rabbi is this? Who gave him Semicha? How does he sell that kind of nonsense? He misquotes a Gemara and makes us all look stupid.
ReplyDeleteHow is he misquote going the gemara. So long as you have 2 Doctors you have to be choisheh. Now be choishesh for what?
DeleteHe went on to say that according to many Rabbis be choishesh for the side affects of the vaccine. You may take the position be choishesh for the dangers of covid and take the vaccine but I wouldn't say he misquoted.
What about the "two" doctors who say that it's unsafe to be in a crowd without a mask? Of course, those doctors don't count.
DeleteAs a landlord and learning in yeshiva
ReplyDeleteI would like to explain the simple fee that is charged for rent.so for example I bought my duplex with hard saved money and help from whoever I was able to ask.
I paid 650,000 and put down 15 percent so down payment was 97,500 besides closing costs so my mortgage is roughly 2765 and the taxes are over 1000 and insurance is 135 so that's a total of 3900 monthly minimum that I need to pay and can never be late so how much should I pay towards it and how much shoupd my tenant . so lets we divide it in 3 equal parts so I pay 2600 and he apys 1300 and then I break even . but wait what's when things break I pay and what's when I need to paint I pay and whats when someone moves out and its empty for a bit I pay and whats when rent goes down I pay so basically because imin yeshiva and I own a house I pay extra. Why should that be. And thisis all when I put 15 percent down and all those numbers are correct which I wish they were but its alot more so who should pay. Oh I guess me because I'm the landlord. Actually no because I'm the landlord im not a organization because I took my life saving and bought a house yes for more than 650 and my costs are over 4000 monthly so that's why rent is high not because we ripping people off
You took a risk spending more than you can afford to assuming you will have the rental. What if you cant find a tenant then it is your obligation to pay the full amount. And when rents were lower at 1100-1200 no one went up because thats where the market was and you still covered the mortgage.
DeleteSo what gives now to charge 1800+ utilities?
What sechel divides the mortgage payment into three? Why? You have more than two thirds of the square footage, and the main thing is that you keep the money that you pay, the tenant doesn't.
DeleteYou repair things because they are yours.
Your logic is ridiculous!
Its ridiculous that people expect this poor guy to make things "fair"
DeleteHe owns it, he charges what he can.
If you need tzedakah there are many orgs in lakewood.
Is it fair that people are demanding raises from their employers?
Is it fair that cleaning ladies are charging more these days?
We live in a democracy. Prices & salaries go according to supply & demand.
'We live in a democracy' Who cares about the Torah? Who cares about Dovid Hamelech? Who cares about right and wrong?
DeleteWe live in a democracy, and Yidden don't have to look to the Torah any more. All we need to do is listen to the Bill of Rights and the Constitution.
/s
note:" we live in a democracy "
DeleteIf that is your attitude what did you come in to this place for?
A distinguished R "y mentioned that when he came to Lakewood in 1975 one was embarrassed to drive a nice car. They kept it as far away from yeshiva as possible. If your beliefs and attitudes is that profit supersedes Torah then switch to something suede and move to some nicer suburb without the goals and values that this location - and eventually all places as soon as we bring those ideals into a worldly reality - was constructed on upon
We’re all just a bunch of mean landlords taking advantage of the poor yungeleit. Rent in Lakewood like in the rest of the world follows a basic rule in economics called supply and demand since most of us mean greedy landlords can’t afford to have a chesed apartment in our basement.
ReplyDeleteWe have a Torah, the Goyim don't. The Torah says that it is forbidden to put up the price when the purchase price did not go up. That is why we should be different to the Goyim.
DeleteSadly, people leave their Torah learning outside of the office, and follow Goyishe practices and morals.
You built the house for x amount of money, knowing that your mortgage would be partially covered by your rental unit. Your mortgage payment did not increase now, and there is no reason to increase the rent. Except the רשעות that Dovid Hamelech is talking about.
Btw us mean greedy landlords have no legal or halachic obligation to renew your lease so if we were really as greedy as you say we would terminate your lease and get a choson kalla for hundreds more than you are paying.
ReplyDeleteTo the greedy landlord,
DeleteSince you're obviously treating this rental apartment like a regular business, your level of ignorance of the law is shocking.
Under the law you cannot simply terminate a lease just because you want to get another tenant whom you can charge a higher rent to. That is illegal under NJ statutory law. Try it and watch yourself get sued in court in front of a judge who will show you no sympathy and award hefty damages against you.
NJ law is not the only issue. Torah is the more important one.
DeleteIt is shocking that people don't know this halacha. Which other halachos are they unaware of? Only the fake ones, like lacetop sheitels, are taught to every young child.
Huh? The torah forbids me from charging market price for my apartment? Where is that Halacha?
ReplyDeleteMr legal expert you don’t know what you’re talking about. After the lease is up I can do what I want with it, I can tell my tenant nicely I want the apartment for myself. Not sure what the attack of “ Since you're obviously treating this rental apartment like a regular business” is supposed to mean, what else is it? I told you I don’t have a chesed apartment.
ReplyDeleteIf someone were to buy a house today than I fully understand why you would charge 2k dollars it's part of your monthly "plan" but if you purchased your home a year or more ago - you never expected or thought you'd get some 2k dollars for your bsmnt. It's part of no plan other than the fact that you can now rip off your poor tenant. Just so you know your tenant who is a 2 year old morah is going to need a lot more money from you when you sign up next year...
ReplyDeletehttps://www.avail.co/education/laws/new-jersey-landlord-tenant-law
ReplyDeleteHow much can a landlord legally raise the rent in NJ?
If the landlord wants to increase the rent, he or she must abide by the percentage of the CPI three to 15 months prior to the end of the lease. The allowable rent increase should never exceed 4% in any consecutive 12-month period
Oh landlords, the whole premise of the real estate squeeze besides being against classic yashrus is antithesis of the concept that we're supposed to absorb from yovel and land ownership
ReplyDelete