AFFORDABLE PLACE TO LIVE

Policies that Address New Jersey’s High Cost of Living

AFFORDABLE PLACE TO LIVE

Survey after survey of Garden State residents reveals an indisputable truth, our state’s high cost of living, driven by one of the nation’s highest tax burdens, is forcing residents to leave our state. The Garden State Initiative advocates for reforms that force the government to live within its means while making our state an attractive and affordable place to call home.

STAY IN THE LOOP WITH NEW JERSEY AFFORDABLE PLACE TO LIVE

$9,284

Average Property Tax Bill

The highest in the United States.

$408,517

Average Home Value

Seventh highest in the United States

50th

Rank for Retirement

Rank for Retirement: 50th – driven primarily by taxes and cost of living (Source Wallet Hub).

13.2%

State and Local Tax Burden

5th highest in the country at 13.2% vs. 11.2% United States average (Tax Foundation).

FEATURED POST

PODCAST: New Jersey’s Crystal Ball: Where Our State is Headed

Welcome to the GSI Briefing podcast – hosted by Regina Egea, President of the Garden State Initiative. In this episode of the GSI Briefing, we’re presenting a panel discussion from GSI’s recent Economic Policy Forum that asked several policy experts to wonder aloud about what they see in New Jersey’s future for our economy and key industries; government & political landscape; and commercial and private real estate…

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THE LATEST WORK ON AFFORDABLE PLACE TO LIVE

PODCAST

PODCAST: New Jersey’s Crystal Ball: Where Our State is Headed

Welcome to the GSI Briefing podcast – hosted by Regina Egea, President of the Garden State Initiative. In this episode of the GSI Briefing, we’re…

PODCAST

PODCAST: Where the Jobs Are: NJ’s Employment Outlook

Welcome to the GSI Briefing podcast – hosted by Regina Egea, President of the Garden State Initiative. In this special edition of the GSI…

IN THE NEWS

“There are no tax cuts” – GSI’s Egea Fact Checks the Budget Rhetoric with Joe Piscopo

On Thursday morning GSI’s president Regina Egea joined host Joe Piscopo on Salem Media’s AM 970 radio to fact check…

PODCAST

Podcast: Veterans Are Being Left Out in New Jersey

Welcome to the GSI Briefing podcast – hosted by Regina Egea, President of the Garden State Initiative. This episode features Regina’s conversation with Col.…

PODCAST

PODCAST: You Can’t Escape Death and New Jersey’s Taxes

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PRESS RELEASE

GSI’s Egea: Budget Gimmicks Do Nothing to Address Affordability

View fullsize   Regina M. Egea Garden State Initiative’s president, Regina M. Egea, issued the following statement on Governor Phil…

IN THE NEWS

GSI’s Egea Discusses NJ’s Retiree Exodus on NJ Now

Regina Egea recently joined Dianne Doctor on My9's NJ Now to discuss GSI's new report "Retirees and New Jersey: How…

PODCAST

PODCAST: How can New Jersey stop the exodus of retirees from our state?

In this episode of The GSI Briefing, Regina Egea is joined by Dan Geltrude to discuss several important financial topics outlined…

IN THE NEWS

ROI-NJ: Report offers 4 ways to make N.J. an easier place to retire

By Tom BergeronMake all retirement income tax-exempt. It’s a simple thing. One that other states do. One that isn’t considered…

IN THE NEWS

NJ.com: Just how expensive is renewable energy? Can we afford it?

By Regina M. EgeaWould you sign a lease for an apartment without knowing the monthly rent? As Garden State Initiative…

PODCAST

PODCAST: Making South Jersey a Millennial Magnet with Sen. Mike Testa

Regina Egea, host of The GSI Briefing podcast and president of the Garden State Initiative, speaks with State Senator Michael…

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NJ Spotlight: Buoyed by investor response, NJ to move on $4B in COVID borrowing

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NJ Spotlight: If you Buy Gas in New Jersey, You Might be Paying More Before Long. Here’s Why

By John ReitmeyerNew Jersey motorists should know within a matter of weeks whether they are going to get hit with…

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Center Square NJ: Plan to furlough New Jersey state employees might rely on federal funding

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Press of Atlantic City: State letting lockdown diminish public oversight of big toll hikes

A 2018 report from the Pew Charitable Trusts warned motorists that states were turning to toll roads “to fill treasuries…

IN THE NEWS

NJ Spotlight: Atlantic City Expressway Is Latest NJ Road Being Eyed for a Toll Hike

by John ReitmeyerThe Atlantic City Expressway is the latest New Jersey toll road for which a plan is in the…

IN THE NEWS

NorthJersey.com: There’s a coming coronavirus tax crisis. How will it hit NJ’s budget and your tax bills?

by Stacey Barchenger and Ashley BalcerzakThe consequences of the rapidly-spreading novel coronavirus —  from business closures to widespread work-from-home mandates —…

IN THE NEWS

NJ.com: NJ Property Taxes Hit Another New High Last Year

By Samantha MarcusNew Jersey’s sky-high property taxes rose 2.1 percent statewide in 2019, an increase Gov. Phil Murphy says is proof his…

IN THE NEWS

APP.com: Murphy’s budget plan more depressing news for NJ’s middle class

Some context is in order for assessing Gov.  Murphy’s third annual budget, which he unveiled today with a renewed call for a…

IN THE NEWS

NorthJersey.com: Census expected to prove that yes, people are fleeing NJ and NY for cheaper places to live

by David M. ZimmerIn a little more than a month, workers for the U.S. Census Bureau will start counting people nationwide…

IN THE NEWS

NJ.com: Mulshine – Under Governor Phil Murphy, the state of the state is heading south

by Paul MulshineIf you were watching the NCAA football championship game Monday night as I was, you might have noticed…

IN THE NEWS

BurlCo Times: Poll: 44% of NJ residents planning to move away

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IN THE NEWS

APP.com: NJ not getting money’s worth on gas tax

Consensus is pretty hard to come by in these days of over-heated rhetoric.  The good news though is a New…

IN THE NEWS

APP.com: NJ property taxes: Tell your representatives you need relief

Probably one of the best pieces of advice I ever received as an editorial writer is there is no point…

IN THE NEWS

Bloomberg: Florida Is the Big Winner as the Wealthy Move Out of Northern States

Roughly 5 million Americans move from one state to another annually and some states are clearly making out better than…

IN THE NEWS

ROI-NJ: Manufacturer: Cost of doing business in N.J. may force me to move to Pa.

For 29 years, Tektite Industries has been proud to build a business in New Jersey and help carry the torch for manufacturing…

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NorthJersey.com: Is the Greenwich housing crash predictive of NJ? Maybe more than you think | Opinion

A recent Wall Street Journal report, “Wealthy Greenwich Home Sellers Give in to Market Reality,” on Connecticut’s real estate market should…

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APP.com: Most CPAs telling clients to relocate out of NJ: Thomas

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IN THE NEWS

NJ.com: This is why I’m leaving New Jersey

I have contemplated writing a letter to the state government of New Jersey, including the Governor, Senate President, Assembly Speaker,…

IN THE NEWS

APP.com: Are YOU part of Murphy’s MIDDLE CLASS?

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OP-EDS

GSI Opinion: Here’s Why Your New Jersey Property Taxes Will Never Go Down (Unless There’s Radical Change)

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IN THE NEWS

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OP-EDS

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The following opinion piece was published on NorthJersey.com on December 18, 2018.Stuck between a rock and a hard place. That’s…

OP-EDS

GSI’s Egea: Editorial Mischaracterized Millennial Flight

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IN THE NEWS

Daily Record: Editorial Mischaracterized Millennial Flight

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IN THE NEWS

Washington Post: Connecticut is drowning in debt. Should the rest of us have to pay?

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PRESS RELEASE

GSI’s Egea: Taxpayers Will Cut-up the Government’s “No Limit” Credit Cards When They Move to Other States

Garden State Initiative President Regina M. Egea issued the following statement after the announcement of a budget agreement between Governor…

OP-EDS

GSI President Egea: Dem Plan to Increase Taxes Will Make NJ Anti-Business (Op-ed)

The following op-ed was published on NJ.com and in the Sunday Newark Star-Ledger on June 17, 2018By Regina M. EgeaLast…

OP-EDS

Star-Ledger: Dem Plan to Increase Taxes Will Make NJ Anti-Business

The following  op-ed appeared on June 17, 2018 on NJ.com and the print edition of the Newark Star-Ledger. It was later…

OP-EDS

Asbury Park Press: 5 (More) Ways to Reduce Property Taxes In NJ: Egea

GSI President Regina Egea published an op-ed on the website of the Asbury Park Press as part of their ongoing…

OP-EDS

Egea: 5 (more) ways to reduce property taxes in NJ (Op-ed)

As published on APP.com, 6/13/2018New Jersey has the highest per capita property taxes in the country yet all one reads…

IN THE NEWS

Observer: New Jerseyans’ Views of the Garden State Hit Record Low

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PRESS RELEASE

Jersey Matters: “Our Government Costs Too Much”

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OP-EDS

The Wall Street Journal: ‘My Clients Are Fleeing NJ Like It’s on Fire’

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