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A Similar State Of Free Fall

A weekend topic starting with Realtor.com. “You hear these terms thrown around all the time: Second home, investment property, vacation home, rental property. But is there any real difference among them? And does it even matter what you call it? ‘Never forget that an investment property is all about the Benjamins,’ says Lamar Brabham, CEO of financial services firm Noel Taylor Agency. ‘The entire point is to turn a profit. No emotions, no affection.'”

From Domain News in Australia. “Many people have quickly shrugged off doubts about the property market, and are more confident in buying real estate than they were pre-pandemic, the national survey found. Finder’s international insights manager Graham Cooke said leading economists were even more positive about the economy and housing market than the public. All of the 40-plus economists Finder surveyed in December believed Australia would stay out of a recession in 2021. ‘It’s very positive for the housing market,’ Mr Cooke said. ‘All the lights are shining at the same time.'”

“Rich Harvey, buyer’s agent, cautioned vendors and buyers of ‘economic wobbles’ in 2021. ‘Some commentators are suggesting there will be large volumes of mortgage defaults, but the evidence is very scant,’ Mr Harvey said. ‘My advice to buyers is not to rush, but don’t delay it either.'”

“For home-owners thinking about moving, he cautioned against waiting in the hope of snaring a cheaper property. ‘As long as you’re not selling and then waiting to buy, thinking that the market is going to fall,’ he said.”

From Blog TO in Canada. “Toronto saw fewer tourists, immigrants and international students, which in part caused condo supply to increase and rent and purchase prices to fall pretty drastically. Buyers who had gotten into the market for investment purposes quickly tried to get out amid the financially unstable year, bringing tons of smaller units especially — the type favoured for Airbnbs — onto the market for cheaper than usual. ‘Thank the investors for jamming up the cost of living in Toronto, and the rest of the world. I hope the real estate market collapses and you all lose your retirement savings,’ — The Cocktail.”

“RBC Senior Economist Robert Hogue: buyers ‘were out in full force looking for bargains’ with a glut of units available in the $500,000s — the lowest they may be for some time. The current buyer demand is absorbing standing inventory in the condo market. It gives a signal that in a month or two we’ll have the condo price up and multiple offers to start!!”

From Boston Magazine in Massachusetts. “For the first time in a long time, rents were going down. Way down. By the end of 2020, rents had plummeted 17 percent. The city continues to slowly shed renters every month. ‘The rate at which renters are leaving is still going up,’ says analyst Neil Gerstein. ‘Less people coming in, and more and more people leaving, is what we see on our end.'”

“‘I could see [rents] getting a little lower, but not too much lower, because where else are you going to go?’ says Boston area real estate agent and landlord Dana Bull.”

Fro Bisnow Washington DC. “JBG Smithv is continuing to scoop up properties in Arlington. The REIT acquired The Inn of Rosslyn, the Williamsburg Apartments and the Fern Gardens apartment property from the Green family, ARLnow first reported. The Green family sold the hotels because of the financial strain the coronavirus pandemic has put on the properties, Katherine Green told ARLnow, saying they were ‘hemorrhaging money.'”

The San Francisco Business Times in California. “On Jan. 31, 2020, at the Business Times’ Mayors’ Economic Forecast breakfast, I stated Covid-19 was one of the biggest risks the overall economy and the San Francisco economy faced. The economic reopening that began in the summer has now been reversed. Restaurants, gyms, personal services and other activities have been shuttered again.”

“San Francisco has experienced a 10% job loss since the pandemic began concentrated in those depressed industries. Also the work from home phenomena has dramatically reduced demand for office and apartment space in San Francisco. Many individuals have moved to lower cost cities or suburban locations or even back with their parents. As of early December, only 12% of San Francisco offices are occupied. There is over 8 million square feet of sublet space available and rents may fall 20% to 25% over the next year.”

“The rental apartment market is in a similar state of free fall. BART ridership has fallen 87% (as of late November) and hotel occupancy is a low 25%. Tourist and convention activity in San Francisco has all but stopped and 25% of all restaurants in San Francisco may permanently close. The homeless population has spread throughout the city and crime has risen dramatically, with burglaries and car thefts up 46% and 33%, respectively year-over-year. The city budget outlook for San Francisco is bleak.”

From Chain Store Age on New York. “It’s a tenant’s market in Manhattan. The Real Estate Board of New York’s biannual report found that asking retail rents per square foot during the fall of 2020 declined in all 17 of the corridors it tracks in Manhattan, dropping by as much as 25% in the year-ago period. The report called the decreases ‘historic’ and noted that eight areas experienced their lowest price per square foot averages in at least a decade. The areas included such traditional retail hot spots as SoHo and the upper part of Fifth Avenue and Madison Avenue.”

“‘While asking rents dropped significantly, taking rents are reported to be much lower, with some brokers citing average differences between asking and taking rents around 20%,’ the report stated. ‘Increases in retail availabilities and feedback from both tenant and retail brokers indicate that we are in a tenant’s market.'”

“The average asking rents declined 13% year-over-year to $784 per square foot on Madison Avenue, from 57th to 72th Streets. Downtown, on Houston Street and Broome Street, the average asking rent plummeted 25% year-over-year, to $367 per square foot. It was down 62% from the area’s peak in spring 2018. Eleven corridors have witnessed an increase in available retail space ranging from 6% to 67% since fall 2019, reflecting a substantial slowdown in Manhattan retail transaction volume.”

From The Real Deal on New York. “A condo at Extell’s One57 sold for $16.75 million — more than 50 percent below its previous purchase price, marking a record resale loss at the Billionaires’ Row tower. The three-bedroom unit on the 58th floor originally sold in 2014 to an LLC, One 57 Realty, for $34 million. In March, it was listed with Corcoran for $24.8 million, according to StreetEasy. That was already a good deal lower than the 2014 sale price. It went into contract in December at $22.25 million.”

“The sale closed earlier this week at the reduced price. It’s the biggest loss on a resale within the luxury building. ‘Unfortunately, this was an estate sale and they decided to just dump it,’ said Extell chairman Gary Barnett.”

“One57 was the first luxury condo to rise along what would eventually become known as Billionaires’ Row, and racked up dozens of high-priced deals — including the first $100 million sale, for a penthouse purchased by Michael Dell in 2014 — in the years after it launched sales. But a softening luxury market and the coronavirus have hit the building hard, along with other high-end Manhattan condos.”

“Earlier this year, Chinese conglomerate HNA sold three condos within the tower, taking a loss on all three properties.”

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This Post Has 129 Comments

  1. I’m going to suspend the election fraud data as I think every one has seen it. I’m not that worried about the mush brained pedo people: there’s hardly any of them. And we’re going to plow them over and bury them, one way or another.

      1. You ain’t seen nothin’ yet
        B-b-b-baby, you just ain’t seen n-n-nothin’ yet
        Here’s something that you never gonna forget
        B-b-b-baby, you just ain’t seen n-n-nothin’ yet

        Nothin’ yet, you ain’t been around

    2. every one has seen it

      and much more. This will not be over until, as you say, some people get buried. The crimes committed against our Republic and our President under the guise of outrage at the DC demonstration are appalling. They’ll get an answer and it won’t look like a tailgate party.

      1. I suspect all civilian avenues to save the Republic had to play out before DJT can bring in the military to clean house. This isn’t over.

        1. Pompeo met with Biden team on transition today. Every medium of internet communication has been shut off to Trump except Parler, and google and apple are trying to kill off Parler right now. It would seem to behoove all freedom loving people to prepare for some lean years. The pedo army is going to do everything possible to prevent another populist movement from ever happening. Blessings to all freedom loving people who courageously stood for God and country in the face of the greatest media and establishment onslaught against a political movement in American history. May God’s blessings still cover us in difficult times to come. Long live HBB.

          1. It will self correct if we can find a way force and maintain honest elections. If we can’t we’re done.

          2. In more of that video on Parler, he says Comey sold Hammer and Scorecard to the Chinese.

        3. We’ve been under martial law, covid is just the cover story. Look at the lockdowns in the five eyes countries – hardly any deaths. Travel will likely be restricted by next weekend, mostly air but maybe all public transportation.

          Trump has yet to concede. Words have meaning and he is precise in his speeches and tweets. The internet purge and complete shutdown may be a prelude to getting rid of all Chinese contaminated hardware and software.

          Mark Twain is being used to get around censorship, check the comments
          https://m.youtube.com/watch?v=jRbiOqrdboU

          2. I think Tump said he will never concede (and Lara Trump def said he will never concede). But Trump did say a different administration will be inaugurated on the 20th, even though he won. But that was right in middle of the confusing aftermath of the capitol incident. Now so much more info has come out showing Trump supporters were trying to stop Antifa from breaking the windows, Trump supporters were helping and protecting capitol police, etc. It might change his mind about fighting back.

            I have a faint hope he will continue to contest the voter fraud, some way, somehow. Giuliani highlighted in his podcast yesterday that by Jan 6, four swing states had written to Pence asking to let the states re-certify after a 10-day audit of their votes, machines, etc. This got lost in everything else that happened, but I had no idea it was as high as 4 states. That’s huge: four states saying their vote tallies weren’t accurate. Pence refused to do it, but maybe there’s still some option left to the states?

          3. Weird that pedo Joe isn’t going to his inauguration. And since Trump isn’t going to attend either, I’m hoping that one dude with the Viking hat and fur that party crashed his way into the capitol will show up and be sworn in by default. 2021 goin’ be lit!

      2. Relaying the first hand experience at the DC rally. The person attends Saturday Fellowship Breakfast with my oldest friend (50 years) in Southwest PA. The rally was not a riot, it was more of a spiritual meeting. The guy arrived early enough to be up close to listen to the President’s speech. It was not taken as an invitation to violence in any way. Trump walked with them after the speech and helped to carry the large American flag. They saw Antifa and BLM arrive wearing Trump gear, which they later took off and had on their regular protest gear. “Believe nothing you hear in the media, it is all false.”

    3. I heard dozens and dozens of good Doctors, like the Canadian Doctor above, tell the truth and they keep getting censored.

      If they give that vaccine to old people no telling how many are going to have a bad reaction. Bell Palsy can remain permanent in a older person I read one time.
      A vaccine that you still have to wear a mask, wow what a great vaccine, yet people are lining up to take it.
      Steal the election, steal people’s lives, take their breath away with masks and lock them down. This is EVIL.

      1. A vaccine that you still have to wear a mask, wow what a great vaccine, yet people are lining up to take it.

        The bed wetters are definitely lining up. They can knock themselves out.

    4. Can you keep all that in a link? It would be nice to have that somewhere for when it gets erased every else.

  2. ‘It’s the biggest loss on a resale within the luxury building. ‘Unfortunately, this was an estate sale and they decided to just dump it’

    Wow, that’s some safe deposit box in the sky! That’s right scum bag media, I ain’t ever gonna forget yer horses$it.

  3. ‘I could see [rents] getting a little lower, but not too much lower, because where else are you going to go?’

    Compelling Dana. Enjoy yer losses.

    1. ‘I could see [rents] getting a little lower, but not too much lower, because where else are you going to go?’

      We hear that dimwitted talk right here on the blog from time to time.

  4. All of the 40-plus economists Finder surveyed in December believed Australia would stay out of a recession in 2021. ‘All the lights are shining at the same time’

    You’ve been in recession for many months Graham.

  5. BTW, I’m going to post the topic we discussed last night later this weekend.

    ‘As of early December, only 12% of San Francisco offices are occupied. There is over 8 million square feet of sublet space available and rents may fall 20% to 25% over the next year’

    ‘The rental apartment market is in a similar state of free fall. BART ridership has fallen 87% (as of late November) and hotel occupancy is a low 25%. Tourist and convention activity in San Francisco has all but stopped and 25% of all restaurants in San Francisco may permanently close. The homeless population has spread throughout the city and crime has risen dramatically’

    This is Ken Rosen. Nobody wants to live there.

    1. ‘The holiday season, normally a mainstay of the nearly $50 billion beauty industry, lost some of its luster this year, as California’s stay-at-home orders intensified. Empty chairs now adorn Little Saigon, the Orange County nail salon capital of the U.S., as pandemic restrictions not only left countless manicurists out of work, but also slashed the incomes of estheticians, herbalists, massage therapists, barbers and plastic surgeons, many growing desperate.’

      ‘Even before wrapping up the most glamorous season of the year, workers say that business is down by as much as two-thirds, while the regulars primping themselves with scrubs or treatments have virtually disappeared. The ongoing shutdown, some say, has conjured an economic nightmare worse than last spring.’

      ‘Salon owners say their financial troubles began with the initial statewide shutdown in March, when Gov. Gavin Newsom blamed a Northern California nail salon for being ground zero of community transmission of the coronavirus. His allegations proved to be false, but for plenty of immigrants in the largest Vietnamese business district outside of Vietnam, the damage done by his assertions has multiplied.’

      “It’s like watching a horror movie. What used to be a handful of customers coming through the salons I go to has — poof — disappeared. There’s no energy, no liveliness,” said Vo, 25. “My friends employed there tell me that people pray for good news while they’ve been mourning like they’re at the cemetery.”

      https://www.latimes.com/california/story/2021-01-06/covid-restrictions-pummel-orange-county-spas-salons

      California is a socialist sh$thole.

      1. ‘Calgary-based WestJet Airlines Ltd. is laying off 1,000 people and slashing its flight schedule, blaming “volatile” demand for seats and uncertainty caused by government travel restrictions and advisories instituted to combat the COVID-19 pandemic.

        “Immediately following the federal government’s inbound testing announcement on Dec. 31, and with the continuation of the 14-day quarantine, we saw significant reductions in new bookings and unprecedented cancellations,” said Ed Sims, WestJet’s chief executive, in a statement on Friday.’

        “We have advocated over the past 10 months for a co-ordinated testing regime on Canadian soil, but this hasty new measure is causing Canadian travellers unnecessary stress and confusion and may make travel unaffordable, unfeasible and inaccessible for Canadians for years to come.”

        ‘Airlines and the unions that represent the pilots, flight attendants and other employees complain Ottawa’s lack of sector-specific aid for the aviation industry is compounding job losses and economic damage.’

        https://www.theglobeandmail.com/business/article-westjet-airlines-to-lay-off-1000-reduce-flight-schedule/

        Canadia is a socialist sh$thole. Starting to see a pattern?

      2. Isn’t it ironic that Gov. Nuisance’s lock down has created a cash based economy wherein no taxes are being collected by the state? I recall the bar owner in LA talking about her bartenders who were doing really well doing private parties. Store fronts papered over with people going in and out while the local police turn a blind eye. Nuisance is creating an underground economy further impoverishing the state coffers. This will not end well.

        3. Meanwhile, they’re trying desperately to pass a tax plan that has a 10 year “lookback provision” where they can tax ex-Californians for 10 years after leaving the state, and also tax people who stay there 2 months of the year as if they are residents. Clownifornia is dying.

          1. If you have a 401k, work in CA and then move out of state to retire CA wants tax paid on the 401K deferred income. Most other states don’t enforce this. BUT retired CA pensioner’s who now live in other states they pay the tax because CA writes the check. 🎻

  6. Bethesda, MD Housing Prices Crater 31% YOY As Inventory Surges On Subprime Mortgage Defaults

    https://www.movoto.com/bethesda-md/market-trends/

    As one real estate economist so eloquently stated, “Nothing accelerates the economy and creates jobs like falling housing prices to dramatically lower and more affordable levels. Nothing.”

    1. Nope! If the average house was same size yes, crater. But 31% discount is due to average house size being a third of the size. Square feet YOY is up 8%.

  7. “For home-owners thinking about moving, he cautioned against waiting in the hope of snaring a cheaper property. ‘As long as you’re not selling and then waiting to buy, thinking that the market is going to fall,’ he said.”

    Realtors are liars.

  8. The homeless population has spread throughout the city and crime has risen dramatically, with burglaries and car thefts up 46% and 33%, respectively year-over-year.

    That describes just about every urban center in North America.

    1. “burglaries and car thefts”

      How to win at renting:

      Live on top floor of security building with designated parking visible from all windows of rental, and visible to windows of a dozen other units. There’s a new house built in 2018 across the alley with motion sensor lights that help too.

      If you live in Aurora or Commerce City, don’t be surprised if you get your car stolen out of your driveway.

          2. Why because they are easy to steal ??

            Because the demographic that wants old Hondas isn’t strongly bound by ethical considerations. And if you don’t know anything about tuner car culture you might have the wrong idea about the demographic I refer to.

      2. If you live in Aurora or Commerce City, don’t be surprised if you get your car stolen out of your driveway.

        Based on what I’m seeing on Nextdoor, car thefts have risen dramatically here in my little burg.

        I’ve also heard the unemployment fraud nationwide is huge, via stolen identities.

  9. “A condo at Extell’s One57 sold for $16.75 million — more than 50 percent below its previous purchase price, marking a record resale loss at the Billionaires’ Row tower.

    Oh dear. Maybe they need to rename that block Millionaires’ Row.

    1. I know that Larry Ellison makes about $1 billion a year just on his dividends. I doubt that losing $20m on a condo will reduce him to a mere millionaire.

  10. ‘A new study from the University of California at Berkeley reveals six of the ten most segregated cities in the Bay Area are in Marin County. So, why would an area that prides itself on its progressive thought have such a lack of diversity?’

    ‘The study from the university’s Othering & Belonging Institute, analyzed 2010 census data and determined the towns of Ross, Belvedere, Sausalito, San Anselmo, Fairfax and Mill Valley are leaders in the Bay Area for lack of diversity.’

    ‘In Sausalito, less than 1 percent of residents are African American, even though it’s right next to Marin City, a predominantly black town. Community organizer Paul Austin said it goes back to post WWII when blacks were forbidden from buying or building homes.’

    ‘But don’t people like being around people they identify with? Paul Austin admitted he might not want to move to a community that is all white.’

    “That’s a good question, probably not,” he said. “I don’t know if I would want to be that “first” or “second”…right? But I would love to have that option.”

    https://www.msn.com/en-us/money/realestate/study-reveals-marin-county-is-home-to-6-of-10-most-segregated-bay-area-cities/ar-BB1bvDEG?ocid=hplocalnews

    Even Paul is a racist. But you bay aryans keep lecturing everybody.

    1. ‘So, why would an area that prides itself on its progressive thought have such a lack of diversity?’

      Cuz their heads are up their asses.

      1. Because anything they say isn’t about what they say it’s about. They want break down of American society, law and order etc, that’s why they allowed the Commie rioters to run amuck. How else can you explain Corporations donating to these domestic terrorist. Yet , the 99.9% of peaceful Trump Protestors are deemed a insurrection.
        Now they want another impeachment, a resignation, or a take out of Trump by the 25th amendment. No doubt this is to stop a second term by Trump or any options by Trump in his remaining weeks in office.
        Trump didn’t tell people to storm the Capital, and no doubt Trump and Voters had right to object to stolen election .
        They want to silence Trump and his voters by their new fake impeachment and ban on first amendment rights of even the President. Twitter banning Trump, where Trump had 89 million followers.

        1. The hypocrisy of these leftists is breathtaking. And, they don’t even care that they are because the media has their back.

        2. Now they want another impeachment, a resignation, or a take out of Trump by the 25th amendment.

          It’s all part of “cleansing the movement.” They don’t just want to get rid of Trump. The want to wipe out the idea of Trump and what he came to represent. It looks like 1984 more and more every day.
          In that book, George Orwell wrote “To die hating them, that is freedom.” This is what the media wants to abolish.

    2. So, why would an area that prides itself on its progressive thought have such a lack of diversity?’

      Because they’re bald-faced liars and phonies virtue-signaling and spreading false narratives.

    3. So, why would an area that prides itself on its progressive thought have such a lack of diversity?’

      Same reason they send their kids to private schools , they act way different than they talk.

    4. “…Marin City, a predominantly black town.”

      Former repo turf. The streets glitter with broken glass, the alleys smell of urine and it seems like every other car is being driven on a bald space saver tire.

    5. Fun fact: Tupac Shakur spent some of his teenage years in Marin and went to high school in Mill Valley. Somehow, I doubt it was this particular period of his life that inspired “The Streetz R Deathrow.”

  11. They’re really getting their money’s worth out of those Antifa thugs that broke into the Capitol.

    Democrats plan lightning Trump impeachment, want him out now

    By LISA MASCARO, MARY CLARE JALONICK and ZEKE MILLER
    15 minutes ago

    WASHINGTON (AP) — Warnings flashing, Democrats in Congress laid plans for swift impeachment of President Donald Trump, demanding decisive, immediate action to ensure an “unhinged” commander in chief can’t add to the damage they say he’s inflicted or even ignite nuclear war in his final days in office.

    As the country comes to terms with the violent siege of the U.S. Capitol by Trump supporters that left five dead, the crisis that appears to be among the final acts of his presidency is deepening like few others in the nation’s history. With less than two weeks until he’s gone, Democrats want him out — now — and he has few defenders speaking up for him in his own Republican Party.

    https://apnews.com/article/donald-trump-ap-top-news-impeachments-michael-pence-nancy-pelosi-5472af60da5e1ad27ac05890d87a92b3

    2. With less than two weeks until he’s gone, Democrats want him out — now

      It’s not about the next 11 days. It’s about 2024.

      1. Is it that or are they afraid he might declassify some very damning information? Would make sense, since they have been working feverishly to ban conservative twitter accounts and shut down websites that still have open comments and uncensored speech like Parler.

      2. In order to remove Trump, 16 Republican Senators would need to betray 80 million Trump supporters. All 16 would lose their next election. I suppose the other 34 senators could mount an old-fashioned filibuster.

        1. In order to remove Trump, 16 Republican Senators would need to betray 80 million Trump supporters. All 16 would lose their next election.

          No, this is not about removal. The soonest the vote could come in the Senate is Jan 19th. So it’s about not allowing him to run again. It’s not the first time this was thought of. In fact, many wanted to impeach Hillary when she was former secretary of state for the same reason

        2. From the text in the Constitution, it looks like Trump needs to be convicted by the Senate in order to be banned from running again. We already know they can’t do it in the time allotted. What am I missing?

    3. I have a really dumb question. If this were an insurrection, then why did all these gun lovers leave their guns at home?

      I have another really dumb question. If they are afraid that Trump is going to drop nukes, then why would they provoke him with another impeachment or 25th? Shouldn’t they send a social worker to de-escalate and feed him happy drugs? Or let him hold lots of rallies to massage his ego?

  12. “SoHo Karen” who tackled a 14-year old black boy after mistakenly thinking he had stolen her phone is to be extradited from California to face four felony charges in NYC. Meanwhile, DAs in cities like Portland and Minneapolis routinely release violent BLM and Antifa rioters without charge, and no law enforcement body has even pretended to investigate the systemic election fraud that handed Joe Biden his “victory.”

    One of these things is not like the other.

    https://www.dailymail.co.uk/news/article-9128001/Soho-Karen-appears-California-court-ahead-extradition-NYC-FOUR-felony-charges.html

  13. I have been watching more old movies than I ever have before. I don’t believe anything they call news so I don’t watch that, I don’t watch or follow the oppressed millionaire social justice warriors of the NFL or other professional sports leagues nor their oppressed free tuition, books, room and board social justice athletes at the college level. My family does not require the amount of time it used to so after work, paying bills, grocery shopping, some HBB time and light workouts that I manage to do there is still some time left for old movies and I’m glad there is, for if there weren’t I might never have watched Animal House for about the 50th time (including in the movie theater when it came out) and noticed…

    The head off the statue of Faber College founder Emil Faber which was decapitated and put on the Deathmobile as a hood ornament.

    https://youtu.be/nb9j-wwlVr8

    1. I can limit myself to films, teevee, music, books all produced before the year 2000 and I’m not missing out on anything.

      With the obvious exception of the 2020 NEC, that’s important.

    2. I don’t watch or follow the oppressed millionaire social justice warriors of the NFL

      I did see a funny headline about the black, woke Texans QB with the $156 MILLION contract pouting because he wasn’t consulted on the hiring process for the GM. These clowns have lost their minds. Just because you’re a high paid employee doesn’t mean you are all of a sudden in charge.

  14. Looks like the spring rush is starting a little early. New listings are really picking up in the Folsom area. I suspect everybody saw sellers make money hand over fist before the holidays and wants to get in on it. Hopefully there will be a ton of inventory on the market right when the tsunami starts to recede back toward the bay.

    1. I saw some guy yesterday talking about $300 per barrel oil. Now that seems a bit extreme, but once I saw $40,000 Sh!tcoin nothing shocks me anymore. If we saw an oil price shock like that, you can kiss every far flung housing market goodbye. The commuting costs turn those houses into white elephants.

      1. commuting costs

        Right now there are almost no commuting costs because they only have to drive back to the bay area office once in a while. But that could change. I know my employer is really hoping to make people come back in regularly as soon as possible. They say productivity is down but I’m not seeing it, so if it’s true I think it’s only in a few specific areas. Mostly I think the current situation is just harder to be a manager in. And of course the extroverts hate not being able to cruise the cubes…

          2. Let me know when we have to talk in code words.

            Oh…you thought we were actually talking about housing all this time?

          3. Code words… you mean like, beer flu, ist, ism, yahtzee, That Malaria Drug, and That Heartworm Drug?

      3. I think I saw the same video you did. Was it Kitco, or Real Vision or one of those finance channels?

  15. First Extremist in Capitol Building Siege Identified as BLM/Antifa Activist: “We Gotta F***ing Rip Trump Right Outta That Office!”

    Natural News
    January 9th 2021, 10:55 am

    Far-Left Antifa/BLM activist John Sullivan has been identified as one of the people who allegedly was part of the siege of the Capitol building yesterday—you know, one of the “violent Trump supporters” we’ve been hearing so much about in the news.

    Independent journalist Andy Ngo was first to identify John Earle Sullivan, who was arrested on July 10, 2020, in Provo, Utah.

    From the Deseret News – One of the organizers of a protest in Provo that resulted in a motorist being shot was arrested on Thursday.

    John Earle Sullivan, 25, of Sandy, was booked into the Utah County Jail for investigation of rioting, making a threat of violence and criminal mischief.

    Sullivan is part of the Insurgence USA group, according to a police affidavit.

    That’s not all…apparently he was interviewed by CNN’s Anderson Cooper last night.

    This friend of Sullivan’s asked who paid him, “Possibly the DNC?” she asks, tagging another friend. The friend who she tagged replied by “liking” her comment!

    But wait, there’s more…

    One of John’s friends “lefty_boogy,” on Instagram who “liked” one of his posts, posted this notice on Instagram to rally the troops to DC on January 6 to meet at Black Lives Matter Plaza. The notification asks activists to bring “tactical gear, bulletproof vests–no firearms unless you are licensed. In his comment section “lefty_boogy” says, “Fight back. —Also if u can’t bring a gun I recommend knifes and pepper spray.

    Alabama Representative Mo Brooks asserts that Congress was briefed before the January 6th Million MAGA March about ANTIFA actors infiltrating the protest to cause chaos, sew seeds of violence, and ultimately change the narrative by turning an overall peaceful protest into a mainstream media declared riot.

    https://www.infowars.com/

    1. and ultimately change the narrative by turning an overall peaceful protest into a mainstream media declared riot.

      You can only say riot if it’s not a leftist gathering. If it’s leftists, the AP has set forth guidelines that words like “riot” and “looting” are never to be used.

    1. There’s no crater. Again 17% discount is because the average home is a third smaller. Square footage price is up 21% so far from crater! Smaller and cheaper does not count. When you see something that’s bigger and cheaper than last year that’s a discount.

      1. Again…. Houses aren’t transacted on a square foot basis.

        Lot size got larger…. Much larger.

  17. They have taken over by the biggest crime in America n history of stealing the election.
    They are in the process of taking the first Amendment to silence anything but their fake narratives.
    The Medical Cartel will be used to control and force compliance with their mandatory demands.
    Biden/Harris are their puppets and they will do what their Masters want.
    They will most likely go after the guns next.
    They are the enemy of the USA, not Trump and his voters.
    Looks like they are successful and want to bet the voting machines won’t be fixed.
    They have taken the Government and have total power by fraud and corruption.
    Trump wasn’t one of them thats for sure

  18. ‘John Sullivan, videographer and founder of “a group for racial justice and police reform,” posted a video on YouTube on Jan. 7 that shows him entering the Capitol building in Washington with a group of Trump supporters and possibly others on the previous day. He’s heard on video encouraging others and convincing Capitol police to let the trespassers through at several impasses. The video also reveals further details about the situation that led to the death of Ashley Babbitt, an Air Force veteran shot inside the building by Capitol Police.’

    ‘Sullivan is known for taking part in protests and riots connected with the Black Lives Matter movement, which was founded by Marxist organizers.’

    ‘In his graphic video from the Jan. 6 storming of the Capitol, Sullivan can be heard saying “let’s burn this [expletive] down,” before entering the building.’

    ‘In response to criticism on Twitter, Sullivan responded by saying he was there only to report and his actions were “part of blending in, so I don’t get beat up.”

    ‘But the video shows he was actively helping convince Capitol police officers to let the trespassers through as well as encouraging the trespassers to continue pushing forward.’

    ‘Three police officers are standing in front of the door, guarding it. Some people shout at the officers. Jayden starts to talk to them. “We want you to go home. I’m a reporter and there’s so many people. It’s just, they’re going to push their way up here. Bro, I’ve seen people out there get hurt. I don’t want to see you get hurt. We will make a path death [expletive] … Please, let us make a path. Just let us make a path. I want you to go home.”

    ‘The officers then walk away. “Go. Go. Let’s go. Get this [expletive],” Sullivan shouts.’

    https://epochtimes.today/left-wing-activist-encouraged-intruders-inside-capitol-urged-police-to-leave-post/

    1. In most of the so-called “militia plots” broken up by the FBI in recent years, it always seems like the main instigator was a federal plant.

    2. At 4:40on this video you can see black clad (with masks) guys climb over the crowd and start breaking windows. Eventually Trump supporters physically stop them and the crowd starts booing and chanting “antifa”.

      Then another angle of the same incident clearly shows Trump supporters confronting the window breakers and forcing them to leave. Listen to the boos and “antifa” calls to 7:38.

      https://www.bitchute.com/video/M4Bgqd04NLxK/

      1. “Then another angle of the same incident clearly shows Trump supporters confronting the window breakers and forcing them to leave. Listen to the boos and “antifa” calls to 7:38.”

        Yet this will never see the light of day outside sites like this and claimed to be video of some other event by some bullshit leftist “fact checker” which will be backed up by the FBI.

        This whole thing is surreal.

        Jan. 8, 2021
        By Davey Alba

        F.B.I. says there is no evidence antifa participated in storming the Capitol.

        The Federal Bureau of Investigation said on Friday that there was no evidence that supporters of the antifa movement — a loose collective of antifascist activists — had participated in the pro-Trump mob that breached the Capitol building on Wednesday.

        Steven D’Antuono, an assistant director at the agency, said in a call with reporters that there was “no indication” of the group’s involvement among the rioters who stormed the Capitol.

        https://www.nytimes.com/live/2020/2020-election-misinformation-distortions

        1. The Federal Bureau of Investigation said on Friday that there was no evidence What’s the evidence that the FBI is a legitimate law enforcement organization? It’s more like organized crime combined with a propaganda outlet.

    3. New York Times (1/9/21):

      “In the interviews, Trump supporters adamantly clung to what they called evidence of a fraudulent election, engaged in so-called whataboutism to play down the scenes of destruction in Washington and accused the news media of being overly melodramatic in describing events as a historic inflection.

      For these voters, the lack of allegiance to small “d” democratic values seemed to stem, in part, from the shift among many Republicans to imbibing information from sources that offer propaganda rather than news and facts. The share of Republicans who trust the mass media has plunged in the Trump years to 10 percent, according to Gallup. A majority of Republicans believe Mr. Trump was robbed of the election.”

      https://archive.is/tzFxA

      1. More bedwetting from the Washington Post (1/9/21):

        “Filmed and posted on social media by AP photographer Julio Cortez, the attack was among several instances of violence against journalists covering the deadly takeover of the Capitol.

        Throughout the Wednesday assault, there were signs of rage directed at journalists.

        “MURDER THE MEDIA,” someone carved into a door. Protesters screamed “Get out of here!” while advancing on journalists who then abandoned their camera equipment. The crowd moved in and smashed it, according to footage published online by a Bloomberg reporter.

        The U.S. Press Freedom Tracker said it was monitoring at least nine reports of assaults, five reports of arrests or detainments and multiple reports of equipment damage, threats and harassment in connection with the disturbances.”

        https://archive.is/DkYLA

  20. “On Jan. 31, 2020, at the Business Times’ Mayors’ Economic Forecast breakfast, I stated Covid-19 was one of the biggest risks the overall economy and the San Francisco economy faced.”

    That was Chris Thornberg who said that, right?

    Oh wait! It was actually Ken Rosen. Ya gotta love an economist who describes the actual situation at hand when most of the rest of the profession is collectively viewing the world through rose colored glasses.

  21. Diversity is for people who live outside of Marin County.

    Richmond, just across a bridge from Marin, is one of the most diversified, and crime-ridden, communities on the planet. (Former Richmond resident who couldn’t afford to live in Marin speaking from personal experience, supported by statistical evidence.)

    https://www.neighborhoodscout.com/ca/richmond/crime

  22. The Monopolies of the
    1850″s had the control of a corrupted Government in the US. The workers had .miserable slave like existence with poor working conditions , while the Robber Barron raked in massive wealth .

    Teddy Roosevelt got in against the Monopoly Cartel
    all by accident by the bought off Pres. McKinley being gunned down and killed by a disgruntled slave worker.
    Roosevelt getting in by accident lead to the US Government break up of the Monopolies. Other lawsuits lead to a clean up of swamps and advancement of worker rights. But this is when the High Courts made some good decisions. Look at the Judicial now.
    It’s like we have gone backwards with Cartels in charge and Foreign enemies.

  24. Top Military Official: Special Forces Took Nancy Pelosi’s Laptop During Capitol Riot

    by Jamie White
    January 9th 2021, 3:39 pm

    “Pelosi called the Chairman of the Joint Chiefs of Staff, Gen. Mark Milley, and they’re trying to get him out on the 25th Amendment or to impeach him. Why?” McInerney said.

    “Well, because on Wednesday, they took Pelosi’s laptop. She’s frantic.”

    https://www.infowars.com/

    1. You’d think she’d be smart enough to keep the incriminating stuff on an encrypted flash drive and not on her laptop.

      2. FedGov is trying to get away from using hard drives. Lots of places moved everything to cloud. If you don’t Without a network and a couple passwords, the laptops don’t have much on them. You have to click around to save something onto the hard drive, which is what I had to do with some software files.

    2. “Well, because on Wednesday, they took Pelosi’s laptop. She’s frantic.”

      Word of the day.

      frantic

      by Merriam-Webster since 1828

      frantic adjective

      fran·​tic | \ ˈfran-tik \

      Definition of frantic

      1: emotionally out of control

      2: marked by fast and nervous, disordered, or anxiety-driven activity
      made a frantic search for the lost child (or laptop :)) frantic cries for help

      3: archaic : mentally deranged

      https://www.merriam-webster.com/dictionary/frantic

        4. Special Forces embedded in Antifa, which was embedded in the God and Country Grandparent rally.

          We are actually living inside a James Bond movie.

  29. This is the United States of America in the year 2021:

    “House Speaker Nancy Pelosi (D-Calif.) said Saturday that the rioters who took part in the breach of the U.S. Capitol on Wednesday chose their “whiteness” over democracy.

    The Associated Press first reported her remarks, which she made during an online video meeting with constituents in San Francisco. A transcript of her comments were shared with The Hill.”

    https://thehill.com/homenews/house/533504-pelosi-says-rioters-chose-their-whiteness-over-democracy

    1. The next 11 days are going to be very interesting.

      I can only imagine the response if they make good on their threat of removing Trump from office. If that isn’t “go time”, then I don’t know what is. But if the 2 million in DC made the Dems soil themselves, they ain’t seen nothing yet.

      1. “…Microsoft did buy Nokia’s mobile devices division for $7.2 billion in 2014, it sold Nokia’s “feature phone assets” two years later for a painful write-down, $350 million…”

        Ripping-off the proverbial Band Aid?

    2. Parler is being booted off AWS.

      Suddenly, rumors of a total communications blackout don’t seem so far fetched.

      1. It’s kinda stupid to back at least half the Country in a corner taking away all options.
        In the book “The Art of War”, those War Generals knew that if you back a enemy into a corner they will fight 100 times harder.
        Another way of stating it is that People with nothing to lose will fight with no reserve.
        I’m just saying the invaders took all options by taking the vote. That was the only option left in a stacked deck America.
        So being at the mercy of the insanity to come might trigger blowback of epic proportions.I don’t know really.

        1. In the book “The Art of War”, those War Generals knew that if you back a enemy into a corner they will fight 100 times harder.

          So we’re lucky that the enemies of liberty are too arrogant to know that or care.

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