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The Developers Need Money And We’re Starting To See Headlines About Banks Trying To Foreclose

A report from the Pittsburgh Business Journal in Pennsylvania. “New York-based King Penguin Opportunity Fund has defaulted on its $16.4 million mortgage for City Centre Tower, the biggest of three buys the firm made in downtown Pittsburgh. Martin Perry, a managing director in the Pittsburgh office of Newmark Knight Frank, said he continues to market the Pittsburgher after it failed to generate a buyer in a recent auction. ‘It was probably inevitable that the building was heading in this direction,’ he said.”

The Wall Street Journal on New York. “Lower Manhattan’s most famous rental apartment building has it all. What it doesn’t have: enough tenants. Nearly one-quarter of the units at the roughly 900-unit apartment building became vacant during the Covid pandemic, according to data company Trepp LLC. Apartments are now advertised with three months of free rent on 12-month leases.”

“The building’s vacancy rate surged to 26.25% in the third quarter, according to data firm Trepp. The tower’s struggles reflect a deepening crisis in the Manhattan real-estate market. The pandemic has led to an exodus of well-heeled young professionals to the suburbs and warmer, cheaper cities, leaving apartment landlords with rising vacancies.”

From The Real Deal. “In New York City, the residential market has taken a beating from the pandemic. New York City’s unemployment rate in November was 12 percent. That translates to 771,200 New Yorkers out of work, predominantly from the leisure and hospitality sectors. ‘Many of the city’s small businesses have closed permanently, and it will take time for new business and jobs to be created in their place,’ said StreetEasy economist Nancy Wu.”

“While contract activity is finally approaching 2019 levels after a largely dismal year, Greg Heym, chief economist at Brown Harris Stevens, notes that the city’s pre-pandemic market wasn’t in such great shape, either. Much of the city’s excess inventory is high-priced, new development condominium units, most of which were sitting unsold long before the pandemic. ‘We had an inventory problem back then, and we have a worse one now,’ Heym said.”

“‘In a sense, New York is on sale right now,’ said Dylan Pichulik of XL Real Property Management. ‘We know the developers need money … and we’re starting to see headlines about banks trying to foreclose.'”

The Denverite in Colorado. “The latest rent report from Apartment List put the median for a Denver two-bedroom at $1,536 in December, down slightly from November and down 6.6 percent since the pandemic arrived in March. Apartment List has been tracking a steady decline in rents in Denver since March. As of December, 2020’s median was down 5.3 percent from December 2019.”

The Tampa Bay Times in Florida. “The first apartments at Heron, the multi-billion-dollar downtown development’s first residential tower, hit the market in late December, with listings, as of Tuesday, starting at $1,918 per month for a 545-square-foot one-bedroom. That’s significantly higher than current rents elsewhere in the city. Heron’s smallest unit lists for $3.52 per square foot — a price ‘substantially higher’ than anywhere else in the city, said Cindi Reed, ApartmentData’s regional vice president.”

“‘That sounds like condo-quality living, so there’s going to be a very distinct, upper-end profile that’s going to cater to this property,’ Reed said. ‘By the time they start leasing to see who’s going to buy at those prices, they may be coming down from that. But I don’t see anything in Tampa that’s going for those kinds of prices.'”

“Another crop of much more expensive residences hit the market last month. The Residences at the Tampa Edition are 37 luxury condos. Those homes have been quietly available for more than a year, but officially went on sale in December. They’re not expected to be ready until late 2021. Two other residential projects are in the works. When these and other nearby developments come online, it could drive Heron’s prices down.”

From Livable in California. “In December, the median rent for a one-bedroom apartment in Los Angeles dipped below $2,000 for the first time since at least 2016, according to Zumper. Surging COVID-19 cases, a citywide safer-at-home order, and the onset of the holiday season contributed to the decline in rental prices, which sank to a one-bedroom median of $1,960 last month. The last time LA rents dipped below the $2,000 mark was December 2016, when the typical one-bedroom apartment went for $1,990 per month. Compared to the same period last year, one-bedroom rents have fallen 13.3 percent.”

“‘If the hyper-expensive markets that renters abandoned in 2020 drop so low that they cease to be hyper-expensive, then it’s reasonable that renters would return to these markets and prices would stabilize,’ wrote Zumper data analyst Neil Gerstein.”

The San Francisco Chronicle in California. “San Francisco’s rental housing market is starting the new year much as it ended the old one: Rents are dropping, vacancies are climbing, and landlords and tenants alike are muddling through the pandemic’s ninth month without knowing when — or if — life and work will return to normal. Apartment List shows that rents in San Francisco, dipped 2.7% in December and have dropped 26.7% since March, pushing the median two-bedroom monthly rent from over $3,000 to to $2,305. A report from another group, Zumper, had rents down 24% year over year.”

“A December survey of 172 landlords — the respondents collectively own 4,741 units — found that 24.7% of tenants have vacated their units, or gave a notice to vacate, since the start of the pandemic in March. The vacancy rate for those property owners stands at 16.3%, although some landlords have more than 25% of their portfolio vacant.”

“Meanwhile, with much of the workforce in limbo waiting to see how quickly the new vaccines can slow the coronavirus’ spread, landlords are stuck with empty apartments that just a year ago would have been flooded with applicants, said Charley Goss of the San Francisco Apartment Association. ‘Tenants are kicking the tires right now but not actively applying for apartments,’ Goss said. ‘And if they are, they have a lot to choose from. There are a ton of vacancies and a lot of competition.'”

“Some landlords are going to unusual lengths to attract or hold on to tenants — offering eight or 10 weeks of free rent, free parking or flexible month-to-month leases. Of the association members who responded to the survey, 56% have received requests to lower rents pandemic started and 54% have granted those requests. Median rents in San Francisco stand at $1,992 for a one-bedroom apartment and $2,305 for a two-bedroom, according to Apartment List.”

“But the number of tenants unable to pay their rent is on the rise — in December 5.1% paid no rent and 6.6% paid partial rent. That is double the number of tenants who didn’t pay in the spring and summer. In December total unpaid rent for the 4,741 units was about $3.6 million. Tenants who have lost income because of the pandemic are barely holding on — borrowing money, depleting savings, dipping into retirement accounts, using credit cards to pay rent, said Brad Hirn, an organizer with the San Francisco Housing Rights Committee.”

“Many of those tenants now owe more than $10,000 in back rent and don’t know when that money will be due or how they will come up with it.”

From KQED in California. “The eviction moratorium California enacted in August is set to expire at the end of this month. But for many unemployed residents, their job won’t magically reappear on February 1. KQED reporter Joe Fitzgerald Rodriguez reported on how to negotiate your rent during the pandemic. ‘Some folks are finding, ‘Oh, hey, the pandemic has been so hard hitting that rents across the street from me in a vacant apartment are lower than they used to be even a year ago.'”

“If rent across the street is a few hundred dollars lower than what you’re paying, ask your landlord if they’ll consider knocking off the same amount. If you owe back rent that’s building up, agree to pay a percentage. ‘We’ve heard from a lot of tenant groups that tenants have had success saying, ‘Hey, I know I owe you $6,000. Let me let me pay you $5,000 or $4,000 of it, and can you forgive me on the rest?'”

“Many tenants have it hard right now, but so do many landlords. ‘I was hearing from one landlord who had $100,000 of non-payments. The trash bills are going up because people are home more. Water bills are going up. It’s really rough.'”

“Consider asking for a day in court, which is your right as a tenant. Due to the pandemic, we’ll likely see a huge backlog. ‘Any landlord looking at this is going to realize, ‘Oh, dang, we’re not going to see that day in court for a long time.’ And since it’s guaranteed, the tenant can drag it out and drag it out and drag it out.'”

“If rent is bad enough, and you really don’t think you can pay that back rent once moratoriums and eviction protections are lifted, then promise a date that you’ll leave. ‘You can use that promise of a date, which to a landlord is essentially a promise of when they can make money again, to negotiate down your back rent. It’s a great way to say, ‘I can pay you a certain amount.’”

This Post Has 135 Comments
    1. The Mechanics Behind the Electronic Vote Steal Operation

      https://www.bitchute.com/video/OJrljwQFcIvc/

      https://twitter.com/tom2badcat/status/1325126091460268032

      https://archive.vn/KPwUa

      https://everylegalvote.com/country

      https://hereistheevidence.com/

      “Dominion-izing the Vote”

      https://www.bitchute.com/video/qlEUbPLvW98w/

      Eric Coomer Explains How To Alter Votes In The Dominion Voting System

      https://www.youtube.com/watch?v=UtB3tLaXLJE

      Eric Coomer, Dominion’s head of product and strategy, has disappeared.

      ‘Representatives from Dominion also did not attend a court hearing in Pennsylvania on November 19. Its US headquarters in Denver was also suddenly closed and moved away. Their employees deleted their names from LinkedIn.’

      https://www.youtube.com/watch?v=0oYQeeNCzZM

      https://www.theepochtimes.com/poll-watcher-describes-pennsylvania-election-irregularities-including-47-missing-usb-cards_3594549.html

      Here’s the testimony on video:

      “Baggies of USBs” – PA Witness Gives Explosive Testimony

      https://www.bitchute.com/video/AdaglXlcuqYt/

      Dem Ballot Inspector Says She Was Threatened with Violence for Speaking Up About Suspicious Activity

      “The majority inspector threatened to slap me in the face,” said Olivia Jane Winters, a registered Democrat and minority ballot inspector in Pennsylvania, testifying to Pennsylvania State Republicans Wednesday that she had been threatened and harassed by other election officials after she asked about suspicious activities during the 2020 election.’

      https://www.bitchute.com/video/_KrpyDlHTe8/

      Crowd Gasps after Finding out about Absurd Spike of Votes in Favor of Biden

      https://www.bitchute.com/video/jmNUAx8wQYdO/

      Sen. Doug Mastriano closing remarks PA state legislature meeting.

      https://www.youtube.com/watch?v=PIqujobvDFI

      https://censoredbyjack.com/channel/evidence-of-widespread-election-fraud

      https://www.deepcapture.com/2020/11/election-2020-was-rigged-the-evidence/

      ”We began to look and realized how easy it is to change votes.”

      ‘Election security expert @RussRamsland
      has performed many investigations on US election machines.’

      ‘The most *shocking* thing about this interview is it took place just days BEFORE the election. Watch’

      https://twitter.com/kylenabecker/status/1327511568993701888

      Col Phil Waldron Confirms Experts Witnessed Dominion Communicating with Frankfurt on Election Day

      https://www.bitchute.com/video/n7j5lg9fYyzz/

      Dominion forensic report from Michigan (PDF):

      https://www.depernolaw.com/uploads/2/7/0/2/27029178/antrim_michigan_forensics_report_%5B121320%5D_v2_%5Bredacted%5D.pdf

      1. ‘KRAKEN is DOD cyber warfare program.’

        ‘They cheated & got caught!’

        Sidney Powell
        🇺🇸
        ‘Who knew?’

        https://twitter.com/SidneyPowell1/status/1331435411286192128?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1331435411286192128%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fheadlines360.news%2F2020%2F11%2F24%2Fsidney-powells-kraken-is-department-of-defense-cyber-warfare-program%2F

        I did some digging around and found this (WARNING) PDF:

        https://www.dacis.com/budget/budget_pdf/FY20/RDTE/F/1203110F_294.pdf

        It’s dated Feb. 2019. If you word search Kraken (‘respond’ category), you’ll find it twice on page 4. This unit 305 person is in the affidavits in Powells lawsuit.

        WARNING PDF with filing:

        https://www.courtlistener.com/recap/gov.uscourts.mied.350905/gov.uscourts.mied.350905.1.15.pdf

        Zuckerberg on page 15. Obammie on page 8.

        ‘Response: Yes, our “White Hat” hackers – they have that traffic and the packets.”

        https://twitter.com/themodalice/status/1333505965857984512

        ‘Ruby Freeman Makes Video of herself Showing MOUNTAINS of GA ABSENTEE BALLOTS With NO RETURN ADDRESS’

        https://www.youtube.com/watch?v=HFYaxvxdfXY&feature=youtu.be

        Example

        Note the vote spike at the Atlanta treason:

        https://twitter.com/EricTrump/status/1334812236322381826/

        Corrupt Georgia Election Worker Seen Loading Same Ballots 3 Times into Machine

        Poll Worker Ruby Freeman Loads Up The Same Stack Of Ballots To Be Counted 3X

        https://www.youtube.com/watch?v=RiREC3Zy20E

        Ruby Freeman – “I need an attorney”

        “This is bigger than me. I need an attorney.” at 4:55.

        https://www.youtube.com/watch?v=xsU-CXcJ4Lg

        Some videos worth watching:

        https://twitter.com/realDonaldTrump/status/1341948764068704256?ref_src=twsrc%5Etfw

        Rudy Giuliani Shuts Down Every Single Democrat And Troll In 6 Minutes

        https://www.youtube.com/watch?v=UUQqLNmap9c

        Sidney Powell On Her “Elevator Pitch” To The Supreme Court

        https://www.youtube.com/watch?v=qJg_E_u-2hM

        Election Fraud – Fulton County, Georgia at State Farm Arena on November 3rd, 2020

        https://www.bitchute.com/video/HrPHkNaYH7As/

        ‘Below are several thousand pages of evidence and hours of video explaining this evidence for your review. This evidence involves admissions by election officials, expert opinions, affidavits of witnesses, and dramatic evidence of the break in ballot chain of custody and the infusion of hundreds of thousands of fraudulent ballots into the counting stream.’

        ‘This lawlessness was made possible by work stoppages, prohibiting bipartisan participation, and early morning ballot drops in consolidated counting centers, all of which undermined election integrity.’

        https://got-freedom.org/evidence/

        1. ‘Georgia election data indicates 17,650 votes were switched from President Donald Trump to Democratic presidential candidate Joe Biden, data scientists testified on Wednesday during a state Senate hearing.’

          ‘A team led by Lynda McLaughlin, along with data scientists Justin Mealey and Dave Lobue, presented the results before the Georgia Senate Judiciary Subcommittee on Elections.’

          ‘Mealey worked as an electronic warfare technician in the U.S. Navy for nine and a half years and was a former Central Intelligence Agency (CIA) contractor as a data analyst and programmer for the National Counterterrorism Center. He currently works for one of the “Big Four” accounting firms as a programmer. Lobue is a data scientist with over a decade of experience in a number of industries.’

          “What we have here is we actually have fraud that we can prove in this election, there was fraud in Georgia’s election, we can prove it with data,” Mealey said. “The voting will of the people of Georgia is not reflected in what was certified by the Secretary of State.”

          ‘According to their analysis on time series election data which was published online as early as Dec. 24, Trump’s votes were decrementing in various counties instead of increasing as they do normally. 17,650 votes were allegedly switched from Trump to Biden as result.’

          ‘A “clear example of vote switching” happened in DeKalb county, they said. At 9:11 p.m. local time, Trump received 29,391 votes as Biden simultaneously received 17,218. However, in the next reported time update, Trump’s votes became 17,218 while Biden’s changed to 29,391.’

          ‘In this single event, 12,173 votes were switched, the data scientists believe. State-certified election results show Trump lost Georgia by 12,670 votes. The Trump campaign is still challenging the results in various courts.’

          “I want to make that very, very clear that at no point in an incremental process, should you decrement it,” Lobue said.’

          https://www.theepochtimes.com/georgia-election-data-shows-17650-votes-switched-from-trump-to-biden-data-scientists_3640670.html

          ‘Pennsylvania election data shows that over 432,000 votes were removed from President Donald Trump during the November election, data scientists say.

          ‘According to an analysis by the Data Integrity Group, obtained exclusively by The Epoch Times, votes for Trump—from both Election Day and mail-in ballots—were removed from the totals in at least 15 counties. Time-series election data shows Trump’s votes decrementing in various counties at numerous time points instead of increasing as would be expected under normal circumstances.’

          ‘The group said that Election Day vote removals happened during the vote tabulation process in at least 15 counties, including Lehigh County, Chester County, Allegheny County, Armstrong County, Westmoreland County, Northhampton County, Delaware County, Montgomery County, Lackawanna County, Dauphin County, Pike County, Carbon County, Washington County, Erie County, and Luzerne County.’

          ‘Meanwhile, absentee vote removals happened in Allegheny County, Chester County, and Lehigh County. At least 432,116 votes—213,707 election day votes and 218,409 absentee votes—were removed in total.’

          “There were vote movements across all candidates. However, we did not see the same type of negative decrements to any of the [other] candidates that we saw with President Trump’s tallies, and they happened repeatedly with no explanation,” Lynda McLaughlin, a member of the group, told The Epoch Times.’

          https://www.theepochtimes.com/exclusive-over-432000-votes-removed-from-trump-in-pennsylvania-data-scientists-say_3642202.html

          1. “Two examples of vote shifting live on-air in Georgia Election”

            What are the fact checkers going to say?

            Human error?

            There is no evidence?

            Computer glitch?

            Happens in every election?

            My dog ate the votes?

          2. RERUN: Georgia Locks Poll Watchers Out, Said Dominion Machines Broke, Gave Dems Extra Voting Time, Won’t Have Results For 2-3 Days

            by National File
            January 6th 2021, 2:50 am

            While results are still coming in, and no candidates have secured a clear victory, the state of Georgia has already experienced several of the same or similar troubling developments that led to credible accusations of widespread voter fraud during the November 3 election.

            To start, Georgia Secretary of State Brad Raffensperger claimed that Dominion machines in one Republican stronghold broke. Raffensperger said that law enforcement was en route with new equipment.

            https://www.infowars.com/

          3. I don’t live in her district, but Lauren Boebert’s objection to the electors of Arizona speaks on behalf of the voters of the real Colorado.

            Not the Front Range carpetbaggers, the real Colorado.

          4. ‘Trump supporters have breached all security barriers and are now actively destroying and occupying the Capitol building’

            ‘I repeat. The Feds have lost control of the Capitol building’

            ‘Revolution in process’

            A reply:

            ‘Finally’

          5. Tear gas has been deployed inside the Capitol, members are being evacuated out of the House chamber.

            This is not a drill, HBBers.

  1. ‘‘In a sense, New York is on sale right now… and we’re starting to see headlines about banks trying to foreclose’

    Yeah. Groundhog day. These foreclosures have been piling up for years. They mention bulk sales = a$$ poundings galore for the fools who already snapped em up.

  2. “landlords are stuck with empty apartments that just a year ago would have been flooded with applicants’

    Wa happened to my shortage bay aryans?

    ‘Tenants are kicking the tires right now but not actively applying for apartments…And if they are, they have a lot to choose from. There are a ton of vacancies and a lot of competition’

    That’s the spirit!

    ‘Some landlords are going to unusual lengths to attract or hold on to tenants — offering eight or 10 weeks of free rent, free parking’

    Real rents are down 50% or more, or just empty. How do those 5% cap rates look now? Dumba$$es.

    1. “landlords are stuck with empty apartments that just a year ago would have been flooded with applicants’

      Lower the rents and you’ll get applicants. No one is stuck here.

  3. ‘Heron’s smallest unit lists for $3.52 per square foot — a price ‘substantially higher’ than anywhere else in the city,…’That sounds like condo-quality living, so there’s going to be a very distinct, upper-end profile that’s going to cater to this property…they may be coming down from that. But I don’t see anything in Tampa that’s going for those kinds of prices’

    Again, “didn’t these people do market studies?” Yes, and the REIC dog “analysts” told them it was A OK, you go girl! Super expensive urban living is a myth.

    ‘Another crop of much more expensive residences hit the market last month’

    Worser.

    1. very distinct, upper-end profile

      This reminds me of the comedic news article from India which lamented that there weren’t enough homeless billionaires around to fill the housing built for them.

  4. ‘We’ve heard from a lot of tenant groups that tenants have had success saying, ‘Hey, I know I owe you $6,000. Let me let me pay you $5,000 or $4,000 of it, and can you forgive me on the rest?’

    My experience is these LL’s aren’t gonna get sh$t.

    ‘Many tenants have it hard right now, but so do many landlords. ‘I was hearing from one landlord who had $100,000 of non-payments’

    Golly, this real estate mogul thing is tougher than it looks!

  5. ‘after it failed to generate a buyer in a recent auction. ‘It was probably inevitable that the building was heading in this direction’

    Groundhog day, again:

    April 19, 2018

    From Philly Mag in Pennsylvania. “Are you still stunned over Monday evening’s announcement that Dranoff Properties will sell all of its apartment buildings in the Philadelphia area to the Apartment Management and Investment Company of Denver for $445 million? Deep down inside, Carl Dranoff himself might be too, for he wasn’t looking to sell the properties even though the glut of apartments both he and your section editor saw coming last year has indeed come to pass.”

    http://thehousingbubbleblog.com/?p=10407

  6. In an emotional victory speech, Warnock noted he had received a vote from his mother. “The 82-year-old hands that used to pick somebody else’s cotton went to the polls and picked her youngest son to be a United States senator,” he said.

    Senator Warnock fails to realize that he b (he’ll be) carrying his Wall street master’s water from now on.

    1. Did you know that over $700,000,000 was spent just for these two Georgia elections?

      I have effectively removed advertising from my life. For the entire duration of the 2020 election cycle, I did not see a single paid political ad (to clarify, paid means that I have only seen ads in the context of them being aired and discussed on C-SPAN).

      There may have been some ads on the TeeVee in the waiting room at Firestone while I was picking up my car, but that’s as close as any ads can get to me.

        1. I like to watch fake news to get a clue on what will be the next thing they are going to do, especially since I’m in crazy California which has fake news 24/7.

      1. $700,000,000 was spent just for these two Georgia elections?

        When Hillary ran for the Senate seat from NY, her budget was $10 million. That was at the time considered astronomical. Normal was $1 million.

    2. Two examples of vote shifting live on-air in Georgia Election

      https://www.bitchute.com/video/r2yK4GsBfhqj/

      This isn’t about blue vs red. This is the deep state vs the people. The deep state is unelected, illegitimate. Gore contested 1 county. The President is contesting 2,000 counties. Did the supreme court deny Gore’s motions? Oh hell no, they raced it to the top.

      If you don’t characterize the fight correctly, you won’t understand what’s going on.

      “Are Trump and his supporters just sore losers?” CNN reporter Donie O’Sullivan asked a pair of Trump supporters.

      “No. We haven’t lost,” the man said simply. “You don’t actually want a civil war, do you?”

      “Will you accept Joe Biden as president?” the CNN reporter asked. “No. He will never be my president,” the man replied.’

      “Mkay…but you know, you accept that he’s going to be inaugurated?”

      “No, I don’t.”

      “How could that change at this point?” the CNN reporter asked.’

      “There could be a civil war, you never know,” the man said.’

      ‘When asked if he wants a civil war, the man replied: “I don’t. Show us the voting machines. Show us the ballots. Show us that this was a fair election, or we’ll never accept another vote again. Ever.”

      “So he’ll be president for 2 more weeks,” O’Sullivan told another Trump supporter. “No, he will be president until 2024,” she replied.’

      https://twitter.com/donie/status/1346419066475589632?ref_src=twsrc%5Etfw

        1. ‘When asked if he wants a civil war, the man replied: “How about I stick my fist through yer sphincter and pull til yer tongue is hangin’ out yer a$$?”

          “Back to you Don.”

    3. He should have added that she taught him how to say fweedom as his first word. Give me a break. At 82 this would mean she was born around 1938 and would be 18 in 1956. Between 1948 and the late 1960s, mechanical harvesting of the cotton crop went from essentially zero to 96 percent of the crop. So while it is possible that she chose to earn some extra cash picking cotton at some point, it is unlikely that she did it very long if at all. I wonder if Mr. Warnock’s fancy clothes are made of cotton or if he demands wool or synthetics. Perhaps he ran over his wife because she was wearing some cotton and he is a serious man of principle. LULZ.

    1. “Top epidemiologist Knut Wittkowski says that the massive drop in influenza cases can be attributed to the fact that many are being falsely counted as COVID-19 cases.

      Wittkowski, former Head of Biostatistics, Epidemiology and Research Design at Rockefeller University, cautioned that, “Influenza has been renamed COVID-19 in large part.”

      According to CDC figures, the cumulative positive influenza test rate from late September into the week of December 19th was just 0.2%, compared to 8.7% from a year before.

      According to Wittkowski, this is because many flu infections are being incorrectly labeled as coronavirus cases.

      “There may be quite a number of influenza cases included in the ‘presumed COVID-19’ category of people who have COVID-19 symptoms (which Influenza symptoms can be mistaken for), but are not tested for SARS RNA”

      https://summit.news/2021/01/05/epidemiologist-says-influenza-cases-are-being-counted-as-covid-19/

      1. “……falsely counted as Covid-19 cases.”

        So , based on nothing but lies, people are suppose to get injected with experimental vaccines . Sorry ,but I don’t trust liars that have the fake news narratives. Currently ,about 40% of medical personal don’t want to take the vaccine.
        It’s appears they are really doubling down on the fear mongering in California to get compliance on these vaccines.
        In the meantime they aren’t reporting on side effects people are getting from the shots. I just wonder if older people or people taking certain medications aren’t more at risk for adverse reactions from these shots.Fat chance that the fake news will report the truth, and they don’t know about long term effects.

  7. The Health Authorities in California are saying that it’s dangerous to go outside because of Covid-19.
    So, the fear mongering is intense right now.
    In the meantime, in South Carolina they want to enact a Ban on mandatory vaccines.
    So, it all depends on the State your in.

  8. ‘Global pre-owned helicopter inventory is up significantly and values are declining, according to HeliValue$, the largest helicopter appraiser in the U.S. and publisher of The Official Helicopter Blue Book, which tracks civilian helicopter values around the world. ‘

    ‘It’s a buyer’s market out there, and those with access to financing are waiting patiently for sellers to lower prices further, in the hopes of landing an incredible deal on a used machine.’

    “There are fire sales everywhere,” said Jason Kmiecik, president of Wauconda, Illinois-based HeliValue$.’

    ‘Deflated oil prices had already softened pre-owned helicopter values before the pandemic, but that decline has been accelerated by Covid-19.’

    “When the price of oil is high and you have a good economy, the machines are flying,” continued Kmiecik. “Now, a lot of those helicopters are sitting on the ground. When that happens, values start going down. Helicopters have to turn the rotors.”

    ‘But while there are buyers out there, he said deals are taking two to three times longer to close, as many traditional sources of financing have dried up. “A lot of banks are removing themselves from the helicopter financing industry,” he said. “We are seeing a major slowdown in getting deals done.”

    ‘In general, more aging aircraft are coming up for sale. These machines are remnants of the mid-2000s, said Kmiecik, when oil was strong and the helicopter industry was booming. “Back then, we had this saying that helicopters will fly forever as long as you maintain them, and the OEM provides parts and support. Now, this is hurting the market. So many are on the market, and they just don’t disappear.”

    ‘In some cases, bankruptcies have contributed to a glut of helicopters on the market. Kmiecik singled out Canada in particular. “The utility market there has taken a huge hit in the last 10 years. People have undercut so badly that there are hardly any profits. There are more auctions happening than I have ever seen.”

    ‘On the West Coast of Canada, Brad Shaen of International Aviation Marketing agrees with Graham that “a combination of factors has really put a dent in the market.” His Vancouver-based company, founded in 2008, specializes in brokering medium to heavy helicopters, primarily for the oil-and-gas and general utility market.’

    ‘He’s noticed an increase in medium and large helicopters for sale, and especially older machines with outdated technology. “There is a lot more inventory out there, but it’s not necessarily saleable, and the banks aren’t really lending, either,” he remarked.’

    ‘With so much inventory available, it’s crucial for sellers to price their helicopter attractively. “In some cases, sellers have come to terms with this, and so you see prices coming down,” observed industry veteran Ed Washecka, CEO of RACE Aviation Partners in Connecticut. Still, “it isn’t hard to find assets that have been for sale for two years, which clearly demonstrates the asking price is not in line with the market value.”

    https://verticalmag.com/features/a-buyers-market-pre-owned-helicopter-inventory-is-up-prices-are-trending-down/

  9. From the last thread:

    ‘The assertion that I could sell my house for double what I owe on it? That’s not indicative of a bubble….My equity was built up over nine years…39% appreciation. That’s not a bubble’

    Click!

    1. For the record, I’ll point out his poster once said it was expected that someone would buy it for more than she could afford. Basically trees grow to the sky.

      At this rate, compounded, this Maryland townhouse will be worth more than the emperor of Japan’s palace! Bob Toll would blush.

      1. She should pull some of that sweet “equity” and start buying these $800,000 duplexes popping up all over my neighborhood.

        Never mind that the median household income for metro Denver is less than $65,000 a year.

        Realtor math is magical math.

    2. Founded on DonkeyMath.

      FWIW, Paying too much and then screaming “Inflation” doesn’t mean there’s inflation. It simply means you paid too much.

          1. In my post from yesterday, my math was fine, but maybe my English was too condensed. What I was saying was that my house appreciation was 24% over 9 years.

            Then I was talking about equity. Of the equity I have built up, 39% of the equity was due to appreciation. The other 61% of the equity is due to paying down principle.

  10. Small tidbit of a data point.

    A good friend is selling a house in a nice suburb of Atlanta and keeps me up on the drama.

    Prices definitely jumped as people were/are still are fleeing the city to the suburbs.

    Priced at higher end of neighborhood at $250,000 but within logic based on SF and age based on sold comps. Affordable for the average family income in the area. Had a contractor go through house and fix everything (all minor stuff). House looks great and everything works – but it is an older house from the 1980s.

    House has been under contract three times so far (within a month).

    #1 – Sold at $250,000. Signed papers. All going well until MIL, out of the blue but looks like was helping with the 5% downpayment, said take $10,000 off the price or no deal or fix a silly list of “problems” – one was which was the air conditioning unit (which works perfectly and was recently serviced) but was “old” to her and wanted it replaced.

    #2 – Sold at $250,000. 5% down. Buyers could not get financing. Tried to nickel and dime everything. Eventually my friend just ended negotiations and relisted.

    #3 – Sold at $250,000. All went well. Then appraisal came in at $247,000. The buyers demanded the price be lowered and my friend ask if the appraisal came in at $253,000 would you pay the higher price (“No!” was, of course, the answer)? They eventually split the difference.

    Closing in 2 weeks.

    Summary.

    NO ONE is putting more than 5% down.
    All cash buyers are a fantasy.
    All have no cash and try to nickel and dime the price every step of the way.
    Everyone thinks an older home should be all new inside.
    All they buyers write these silly letters on much they love the house – and then try to nickel and dime you.

    1. All cash buyers are a fantasy.

      A widow, who sold her shack in Boulder for almost a million, paid cash for the shack next door. An exception, of course, but it does happen.

  11. The real estate market isn’t rational as usual. Is anything rational these days?
    I don’t get Pelosi wanting to take the word MOTHER/FATHER from legislation. So, what’s the point, to make the language gender neutral, or something like that? Very Commie to want to make everybody the same and break down the family association, so you will be a good Commie for the State.

    1. what’s the point, to make the language gender neutral…

      Or simply to neuter you. And what would be the point of that?

      1. “what would be the point of that?”

        To deny the science of evolutionary biology and replace it with the Science™ of allowing mentally ill individuals to LARP as another gender, because reasons.

        This was published yesterday:

        “Insurance Commissioner Ricardo Lara asked the California Department of Insurance to issue a notice stating young girls cannot be denied coverage for elective double mastectomies on the basis of their age.

        Lara’s office apparently considers the suggestion that a young girl and her parents take more time to consider such drastic bodily alterations as “needlessly delaying” the surgery.

        “To be proactive, health insurance companies should evaluate their coverage criteria for gender dysphoria treatment and eliminate any noncompliant practices to avoid needlessly delaying and interfering with medical care recommended by a patient’s doctor,” the press statement said.”

        Look at Western Europe and Canada if you want to see where this is all going…

      2. Life isn’t very much fun neutering everybody. Next thing is they will attack paint colors and get rid of blue and pink.
        All this change of the language is just plain nuts and a denial of biological facts.
        Somebody should tell that nut Pelosi that’s she’s being offensive wearing female clothes, Shouldnt we all be wearing gray outfits that are the same if you take their bizarre reasoning all the way.
        And I thought diversity was the celebration of differences.
        Than you can only have one thought and that’s the State sponsored thought they cram down your throat like 2+2=5.
        Depending on how nuts they get it’s just a set up for Civil War, and they would of caused it . They want to take all sanity from the people’s lives and I don’t know how much people will stand for it.

        1. attack paint colors

          They’ve already canceled brown-bag lunches.
          They’re setting up a Civil War because they think they can win it.

          1. They’re setting up a Civil War because they think they can win it.

            It sure doesn’t look like that right now, and the protestors left their guns at home.

    2. I don’t get Pelosi wanting to take the word MOTHER/FATHER from legislation

      Because the queen wants us all to be “comrades” – or more correctly “drones”.

  12. “Tenants who have lost income because of the pandemic are barely holding on — borrowing money, depleting savings, dipping into retirement accounts, using credit cards to pay rent, said Brad Hirn, an organizer with the San Francisco Housing Rights Committee.”

    “Many of those tenants now owe more than $10,000 in back rent and don’t know when that money will be due or how they will come up with it.”

    No, they ain’t gonna pay sh*t if they don’t have to. Stop dreaming up hope for the FB landlord.

    “Many tenants have it hard right now, but so do many landlords. ‘I was hearing from one landlord who had $100,000 of non-payments. The trash bills are going up because people are home more. Water bills are going up. It’s really rough.’”

    “Consider asking for a day in court, which is your right as a tenant. Due to the pandemic, we’ll likely see a huge backlog. ‘Any landlord looking at this is going to realize, ‘Oh, dang, we’re not going to see that day in court for a long time.’ And since it’s guaranteed, the tenant can drag it out and drag it out and drag it out.’”

    That’s the spirits!

    1. At the Capital did they think there wouldn’t be blowback to a rigged election?
      I think they should be aware that Voters don’t accept having their Country stolen.

    1. It’s the people’s fight now because all normal remedy has been denied by the crooks.
      They didn’t object to the Commie Protestors burning and looting.

    1. The fake news is shocked and dismayed over Protestors not wanting their Country stolen by a rigged election.
      So, I hope no Protestors got shot.
      Really, the corrupt Swamp finally is getting the wirlwind of their betrayals . How much do they expect people to have their lives taken from them.

    1. They’ll cover it with their leftist spin. The narrative is: Trump promised/misled his supporters that the election would be overturned; his supporters were disappointed; so, they stormed the Capitol.

      1. Wow, went to Drudge and 180 degree turnaround basically. Haven’t been to that site since last summer maybe.

    2. Nothing can change the fact that these criminals stole the National Election .

      The National Guard is coming they say.

  13. Biden ,the election thief is making a puke speech right now. These creeps are shocked their getting blowback from people who don’t want their Country Stolen, and their lives stolen really.

      1. Who knows if this wasn’t a false flag of Antifa storming the Capital. Everything is so fake. Those protestors looked pretty peaceful to me.
        Do they forget when their protestors stormed Senate hearings and tried to get in the Supreme Court. It’s ok for them but not for Trump Voters who had democracy stolen from them .
        The other side Commies want to take over America without Democracy , yet the Patriots trying to save the Country are vifilied by the Media on this protest.
        The indignation of the Media, calling these protestors a mod is funny with all their cries of violation of rule of law, etc.

        1. The other side Commies want to take over America without Democracy

          They want to take over without firing a shot.

          1. I watched a couple angles of the cop shooting the unarmed woman. He better hope he’s got a body cam showing her trying to grab the gun or else he’s going to prison. There was no scuffle or anything prior. These antifa/blm scum can throw sh$t at cops night after night, burn cities, loot and no one shoots at them. We can see the double standard.

            The message was loud and clear: don’t make us come back. Seeing Pelosi and the other demorats run like scalded dogs made my day.

    1. Note that in the brief message from DJT this afternoon he did not concede, he again correctly stated that the election was stolen, before telling supporters to “go home in peace.”

      The election was stolen.

      Biden will never be the legitimate president.

      1. “Biden will never be the legitimate president.”

        +1

        And probably the people on the 95 overpass at Okeechobee Blvd. waiving TRUMP and F#ck Biden flags at both north and southbound lanes this afternoon.

      2. go home

        Order to disperse before invoking Insurrection Act. Biden, McConnell and others calling it an insurrection. Trump gave traitor Pence one last chance to redeem himself. Whistleblower in witness protection claims Pence conspired with Rosenstein against POTUS.

  14. This has been a “Seven Days in May” coup, except that unlike in the movie, the coup worked because the press and virtually the entire political establishment in this country participated in one way or another. It’s just mind blowing how so many people could accept all of the obvious lies, propaganda and misinformation over the last several years against Trump.

    To say this past election was the “most honest and secure in history” like I saw some representative in the House say earlier today is as flat out wrong as saying the earth in flat. Who in the hell could believe that?

    1. Well, when you think about it, there is more evidence for the earth being flat than there was of a fair election.
      I mean, what is a round earth? Calculations from some pagan heretic. Ships disappearing? Meh, it’s just the distance. Round moon? The moon is a woman goddess, so it’s fat and round like a woman’s boobs. One could argue that we didn’t get proof of a round earth until 1959.

      1. I got enough proof that Trump won. It’s so obvious.
        The media fake news that has taken control of this Country combined with these Invaders are going to get more blowback I predict from the 75 to 80 million that they cheated, including myself.

  15. Hey US congressman…..

    How was work today?

    Skeerd?🤣

    80 million refuse to accept an appointed President so this is just the beginning, not the end.

    1. Georgia Secretary of State Escorted out of State Capitol Building Over Safety Concerns

      ‘The Atlanta Journal Post (AJP) reported that Georgia Capitol police escorted Raffensperger and his staff after protestors attempted to enter the building to deliver written grievances about the November elections.’

      ”We heard reports of threats and left immediately,” said Deputy Secretary of State Jordon Fuchs, according to AJP.’

      ‘AJP told ABC News that the protesters were members of a militia. Earlier in the afternoon, a small group of Trump supporters had gathered outside the Capitol grounds to protest alleged election fraud in a “Stop the Steal” rally. Protesters, some of whom carried assault-style weapons, were peaceful, AJP reported.’

      https://www.theepochtimes.com/georgia-secretary-of-state-escorted-out-of-state-capitol-building-over-safety-concerns_3646628.html

      1. It’s about 7:45pm media time and the #Narrative of the hour is asking: how were the protestors inside the Capitol treated so lightly as compared to the protestors at the Burn Loot Murder riots in 2020?

        Answer: because some of them were THE SAME PEOPLE. The weaponized autists of 4chan have been making visual confirmations (tattoos, mostly) of attendees of events of today and last year, and it’s already bleeding over into viewer calls on C-SPAN, but don’t expect Real Journalists to go there.

        The woman who was shot by Capitol police has reportedly died.

        P.S. Kyle Rittenhouse is innocent.

    1. Included in Schwab’s proposal for surveillance is his idea to use brain scans and nanotechnology to predict, and if necessary, prevent, individuals’ future behavior. This means that anyone whose brain is “scanned” could have his Second Amendment and other rights violated because a government bureaucrat determines the individual is going to commit a crime.

      I’m pretty sure this idea wasn’t Klaus’s.

  16. ‘because some of them were THE SAME PEOPLE. ‘

    My SO texted a side by side image of one of the BLM attendees and today’s siege. Guy had same tattoos. Looked like a Luke Wilson brother. Possible some of the protesters just want to be a justice warrior for any event ? Paid? I was home today listening to the audio CNBC feed. Sad that a lady died. Congress is not a victim here though.

    1. I met and spoke with a Three Percenter today when I was picking up some fasteners in Lake Worth. According to him the group is retired military and 80,000 strong. He also said they considered what is happening a coup and were preparing to go to a hot war but told to stand down by their generals.

      Of course I talked to him about 1pm and a lot has happened since then.

  17. The Swamp in Washington DC is going to confirm the stolen election.

    So, it’s ok to steal a election This goes way beyond Trump at this point .

  18. After watching this pistol going from one target to another and then firing my opinion is murder.

    SHOCK: New Footage Emerges Of Capitol Police Shooting Air Force Vet Ashli Babbitt At Point-Blank

    by Chris Menahan | Information Liberation
    January 7th 2021, 2:55 am

    https://www.infowars.com/

  19. I was never a believer in false flags in the past but I have changed my mind.

    How could the security be this bad at the Capital when they knew a million protesters were coming? Some of those pictures show that some Capital stormer were Antifia.
    This happened right at the time they were going to detail some election fraud.

    Now the press is painting a broad brush to demean Trump Supporters that distracts from the message of the election fraud.
    They are calling for Trump to be taken out by the 25 amendment and banned from a second term in the future.
    Russian Hoax, fake impeachment, stolen election. fake news, Covid-19 lockdowns .
    So, the Swamp isn’t Government by the people is taken by these traitors .
    Fake news distraction from a stolen election. Kiss off 80 million voters.

    1. Elected leaders bemoaned the capitol riots yesterday, but not a single utterance during a couple of months of BLM riots? Okay, I clearly understand their position now.

  20. Ok, so they want to force some kind of Top Down control of the populations with the insane false narratives, Government treason to a One World order of Powers taking over the United States. Medical Monopoly used to destroy small business, Constitution, and all sorts of marshal law, and forced compliance with getting shot with vaccines.
    Transfer of wealth from the sheep to THEM. Government bail outs to THEM, peanuts to the sheep.
    Who voted for the Great Reset, not the American Citizens.
    Even more than ever I wouldn’t trust what they want to shoot in your body.
    So, you get what they determine and they pick the winners and losers.
    You cant use the word MOTHER/FATHER or any word that they deem offensive. Fake News control of all narratives , that are false.
    So, how can a regular person
    combat such a power grab of the US, especially since they are blatantly stealing elections to put in their Puppets?
    I don’t know, but they are sowing the seeds of Civil War. And maybe they want Civil War to pit American against American with their fake narratives to divide and conquer.

  21. And further, if any ethnic group thinks it’s going to benefit them that Whites are being attack by False racial and anti American narratives, think again. This is deliberate pitting American against American..
    They obviously think Whites are going to be the biggest opponents to this take over, and they are using race to conquer and divide.

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