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equity

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By Fr. Francis Pizzarelli

Fr. Francis Pizzarelli

There is so much conflict and polarization in the world today. We need to work harder at building bridges instead of walls. DEI — diversity, equity, and inclusion — is such a powerful way to build those bridges that are so crucial.

To blame tragedies on DEI is unconscionable. DEI should be woven in all of our workplaces, in our schools and in our sports. We are a nation founded on diversity; hopefully a nation that practices equity and is continuously looking for ways to be more inclusive.

Unfortunately, discrimination, lack of equity and inclusiveness have been part of our history. Many have worked to correct those areas that are not inclusive at all and open to diversity.

Wherever DEI is present, it strengthens the workplace. It does not weaken it. Standards are not compromised. Expectations are not minimized. Inclusivity is an attempt to make sure that everyone is welcomed;  equity is an attempt to make sure everyone is treated fairly without compromise or discrimination.

To eliminate DEI would be a step backwards; it would once again reinforce prejudicial attitudes and behaviors. No matter what our political affiliation, we need to be advocates for inclusivity equity and diversity. We have made such great strides in combatting, exclusivity, injustice, and blatant discrimination. We have an opportunity as a country to transcend political differences and find a way to work together to make all Americans feel welcomed, respected, and included.

These are definitely challenging times, but also an opportunity to come together despite our differences. It is an opportunity to move forward as a stronger nation respecting the gifts and talents of all people and using their gifts and talents to build a stronger and more resilient nation.

DEI and its initiatives are aimed at fostering a culture that embraces and values differences; ultimately leading not only to better outcomes for organizations that embrace these initiatives, but also an opportunity to strengthen not only our communities, but our nation. It is an opportunity to really build strong bridges, and not walls.

DEI is a framework that can promote a more inclusive and fair environment for all individuals regardless of their backgrounds or their identities. Our nation was founded on freedom and respect for all people despite our ethnic differences. We are a melting pot nation and stronger because of that.

As we welcome a new leadership team, they represent us and what we believe is important for our country. Unity, inclusiveness, respect and equity are critical for our future and for the strength of our nation. We don’t want the next generation to be blinded by race, religion, ethnicity, or sexual orientation. We want the next generation to celebrate our diversity as a gift and a blessing.

Father Francis Pizzarelli, SMM, LCSW-R, ACSW, DCSW, is the director of Hope House Ministries in Port Jefferson.

Mark X. Cronin with his son John. Facebook photo
A response to President Trump’s remarks

By Mark X. Cronin

In times of tragedy, our words matter. We witnessed sixty-seven people lose their lives, suddenly tossing mothers, fathers, brothers, sisters, friends, coworkers, and teammates into the darkest grief. In moments like these we must resist the urge to jump to conclusions.

President Trump, I heard what you said about the plane crash in Washington DC when you suggested that the hiring of people with intellectual developmental disabilities contributed to the tragedy. As the father of a young man with Down syndrome and an employer of people with differing abilities, I feel compelled to respond—not in anger, but to open a dialogue. I am not calling you out, instead I would like to invite you in, to learn more about what people with intellectual developmental disabilities can do and the contributions they are already making to our society and economy.

Let’s not blame people with differing abilities. Let’s not return to a time when they were shunned and ostracized. I want you to see how people with differing abilities contribute to our schools, workplaces, and communities. Across our nation and industries, people with differing abilities prove every day that they are valuable, skilled, and reliable employees. Companies like Microsoft, Walgreens, and EY have built successful programs hiring neurodiverse employees because they see their talent, not their limitations.

As an employer, I can assure you that no organization, least of all the FAA, knowingly places individuals in roles for which they are unqualified. Every air traffic controller undergoes intensive training and testing to ensure they meet the highest standards. The same applies to every pilot, engineer, and safety inspector. The inclusion of people with differing abilities does not mean lowering the bar; it means assessing skills fairly and placing people where they can succeed. That is not to say that no one made a mistake, but if mistakes were made, it is not because they had an intellectual developmental disability.

Mr. President, I invite you to see firsthand what inclusion looks like. Visit John’s Crazy Socks, meet my son John. He is an entrepreneur like you and a leader – EY named him Entrepreneur of the Year. More than half of our colleagues have a differing ability, meet them, see their dedication, talent, and hard work—not limitations. I believe that if you see this in action, you’ll understand why so many businesses, large and small, are embracing inclusive hiring as a competitive advantage.

America’s strength comes from the contributions of all its people. Never be blinded by a person’s limitations, be awed by their possibilities. When we focus on what individuals can do—rather than what they cannot—we build a stronger, more inclusive society. That’s the future and I hope you will lead us there.

Mark X. Cronin is co-founder and President  of John’s Crazy Socks in Farmingdale.

Image from Michael Ardolino

By Michael Ardolino

Michael Ardolino

The market is shifting; sellers and buyers will still see home price appreciation and gains in their equity.

How does the shift affect home prices?

Demand remains higher than supply, so home prices are appreciating, and sellers will still get a good amount of offers even if it takes a bit longer. In Suffolk County, houses appreciated nearly 10% and higher since last year and more than 50% got over the asking price. Sellers are still making a significant profit.

The steep incline of market values and buyer rush is now pacing itself and most experts predict the appreciation will continue. David Ramsey, a personal finance personality, says, “The root issue of what drives house prices almost always is supply and demand…” and we couldn’t agree more. When priced correctly, houses are still selling at record-high prices and low days on the market.

Certainty of equity

One certainty in a time of uncertainty, mixed news, and mixed predictions, is the value of equity in real estate. According to CoreLogic’s 2022 Q2 Home Equity Report, “the total average equity per borrower has now reached almost $300,000, the highest in the data series.” 

The year-over-year equity percentage for U.S. homeowners with a mortgage has increased 27.8%; this is a $60.2K average equity gain.

Selma Hepp, interim lead of the Office of the Chief Economist, CoreLogic, stated “For many households, home equity is the only source of wealth creation. As a result, recent record gains in equity and record declines in loan-to-value ratios will provide many owners with a financial buffer in case economic conditions worsen. In addition, record equity continues to provide fuel for housing demand, particularly if households are relocating to more affordable areas.”

Equity builds long-term wealth gain for homeowners, and should you want access to additional funds, you can always rely on the equity you’ve grown. In times of financial uncertainty, follow the certain.

The shining star

Sellers, as your home value has appreciated considerably, tap into the profit from your equity and take advantage of the current market conditions. Timing is everything and ask your local real estate professional to help you research the area you’re looking to move. Your real estate agent can also help you connect with a professional in that location with expertise in their market conditions.

Homebuyers are future sellers, and they can feel confident to invest in a home now and build their own equity knowing price appreciation is forecasted. When a homebuyer becomes a seller, they’ve already paid off some of their mortgage and can take advantage of the real estate market at the time and come out with a significant profit themselves.

Takeaway 

So, the shining star of the market is demand still predominates supply. Home price appreciation is still forecasted, and equity gains are at record-highs. A market shift can be easily navigable with the help of a real estate professional.  So … let’s talk.

Michael Ardolino is the Founder/Owner-Broker of Realty Connect USA.