We Certainly Are Taking A Haircut
A report from Bisnow. “WeWork has washed its hands of WeLive, the co-living brand it launched a half-decade ago with grand aspirations. Around the time of the two openings, WeWork was telling investors that by 2018, it projected WeLive would grow to a 10.4M SF portfolio housing 34,000 residents and bringing in $606M, 21% of WeWork’s total projected revenue. But after opening the two locations in 2016, WeWork East Coast General Manager Dave M cLaughlin said at a Bisnow event that October that the company planned to wait until the concept was ’10 times better’ before opening more locations. It had already slashed profit projections for WeLive by then.”
From NPR. “The pandemic uprooted thousands of people, leaving a glut of luxury apartments available in cities. Economist Nancy Wu, StreetEasy and Zillow: ‘Rents have been dropping significantly, especially in really dense urban areas such as New York City and San Francisco. The biggest discounts are in some of the most expensive neighborhoods, and anywhere up to five months of free rent.'”
From Fox 5 New York. “The housing market on Long Island is booming. However, the commercial office space sector is not doing well. Leasing activity on the island has taken a hit. ‘The commercial market has too much inventory and no demand,’ said Jay Orsini, a real estate agent for Douglas Elliman. A recent report by Avison Young found leasing volume has fallen 42% below the 20-year annual average. ‘We had one client looking for about 8,000 square feet and there were over 30 buildings for them to choose from between Nassau and Suffolk [counties],’ Avison Young managing director Ted Stratigos said. ‘And that’s a lot.'”
The Gothamist in New York. “Across Manhattan, office buildings are still suffering from a glut of available space more than a year after the pandemic sent workers home and shut down most leasing activity. According to CBRE, the availability rate in older, ‘commodity’ buildings like 55 Fifth Avenue was almost 20% at the end of June, nearly double the 2019 rate of 11.1%. ‘We certainly are taking a haircut,’ acknowledged Brian Soto, director of acquisitions and asset management for Time Equities Inc. ‘I mean, we’ve adjusted our asking rents to where we think transactions will happen.'”
From Bisnow Houston in Texas. “Senior housing facilities across the U.S. were dealt a hefty blow in 2020. The rapid spread of Covid-19 posed a serious threat to the elderly, forcing communities to implement strict lockdown protocols that effectively halted new leasing activity for several months. Houston mirrored the national trend, falling from 81.5% occupancy in Q1 2020 to 72.8% in Q1 2021. In Q1 2020, Houston had 18 senior housing communities under construction. Four of those properties came online during the pandemic, meaning that 14 communities are still expected to deliver over the next 24 months, according to NIC data.”
“‘The problem is that developers are always a very optimistic group. They tend to overbuild, and in the case of Houston, that has been the issue that has held down occupancy,’ said NIC Chief Economist Beth Mace.”
From 10 News on California. “San Francisco’s office vacancy is now over 20%, the highest in the Bay Area and the highest it has been since 2003 after the ‘dot com’ bust.”
Fromm LA Downtown News in California. “The first quarter office vacancy rate was 18.8% in 2021, a slight increase from the previous quarter, Los Angeles County Assessor Jeffrey Prang said. That compares to a year ago when it was 16.6%. ‘It’s not a dramatic increase, but the metropolitan average is 13.7%,’ he said. ‘The vacancy rate has been higher than the rest of the county on average for the last three to four years.'”
“Prang said he and his staff are watching large developments like the three-towered Oceanwide Plaza, across the street from the Staples Center and the Los Angeles Convention Center. Corporate stopped construction two to three years ago. ‘There were scandals in city hall, leaving a lot of potential growth of assessed value on the area,’ he said.”
The Calaveras Enterprise in California. “Some important factors in Calaveras County when it comes to housing are the disproportionate number of vacant homes, the large senior population, large amounts of land and difficulties with attracting for-profit developers, said Lee Kimball, housing and community programs manager. About 40% of Calaveras County’s roughly 28,000 housing units are vacant, meaning that they do not serve as a primary residence, according to a 2019 estimate from the census bureau.”
“‘We are disproportionately high in empty houses,’ she said. ‘We have a much larger number of people here who own homes rather than rent homes, but we still don’t have enough rental property, when you only have 2% of your houses available for rent.'”
From Business Insider. “South Florida’s condominium industry is already feeling shockwaves from the Surfside building collapse last month, as industry experts say condo boards are lawyering up and safety-minded buyers are pausing or backing away from deals. Some have speculated that Florida legislators could move to address condo buildings with waning reserve funds, potentially by making it harder for unit owners to vote to defer payments year after year.”
“But Peggy Rolando, a Miami real estate attorney, said that could bring up a whole host of other problems, namely, that many condo owners can’t afford to fund large reserves or pay special assessments that won’t add any value to their property. ‘What you see, especially in moderate condominiums, is sometimes there’s people who have lived in the condo that they bought back 30 years ago,’ Rolando said. ‘They bought a really nice unit, they loved their buildings, but over the years the demographics have changed. The folks there can no longer afford to maintain the buildings in the way they were originally marked.'”
From Hawaii Public Radio. “Landlords have no incentive to keep rents low, says Kaikea Blakemore, Community Development Specialist of Neighborhood Place of Puna. She says some landowners prefer not to rent at all. ‘We have on the Big Island one of the highest housing vacancy rates in America. Our vacancy rate is at 20%. Whereas on Oʻahu it’s around 15%, the national average is 12%. When you look at vacancy rates, we’re seeing how folks are kind of hoarding housing in a way. And I’m not saying it’s everybody,’ Blakemore says.”
From Mises.org on Nevada. “An insider confided to a friend that all he is doing right now is transaction work for real estate holders who are selling now before the market crashes. His clients, members of Sin City’s illuminati, once bitten by the ‘08 crash, believe they’ll beat the crowd to the sales window before the local retail and office market collapses.”
“Tiny capitalization rates translating into unsustainable values are being dangled in front of these folks and they are willing to absorb the tax consequences to cash out and be ready to repurchase their properties back at a discount in a couple years.”
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https://socketsite.com/archives/2021/07/over-17-million-square-feet-of-vacant-office-space-in-san-francisco.html
https://www.bisnow.com/dallas-ft-worth/news/office/dfw-office-vacancy-nears-23-109500
https://communityimpact.com/dallas-fort-worth/richardson/development/2021/07/05/dip-in-office-retail-market-slows-appraisal-growth-in-richardson/
Realtors are liars.
‘Some have speculated that Florida legislators could move to address condo buildings with waning reserve funds, potentially by making it harder for unit owners to vote to defer payments year after year.’
‘But Peggy Rolando, a Miami real estate attorney, said that could bring up a whole host of other problems, namely, that many condo owners can’t afford to fund large reserves or pay special assessments that won’t add any value to their property’
I know what to do Peggy. Have the guberment time travel back 30 years and pass laws. Short of that yer fooked.
‘Prang said he and his staff are watching large developments like the three-towered Oceanwide Plaza, across the street from the Staples Center and the Los Angeles Convention Center. Corporate stopped construction two to three years ago’
That’s some red hotcakes right there.
Terrible area
‘The problem is that developers are always a very optimistic group. They tend to overbuild’
So many bubbles, people forget the hoopla. Remember how they just looooved luxury assisted living/nursing shacks. Couldn’t build enough, those cap rates sank like a turd in a well.
And the luxury college dorm buildings? No wonder they owe $1.5T.
‘the disproportionate number of vacant homes, the large senior population, large amounts of land and difficulties with attracting for-profit developers…About 40% of Calaveras County’s roughly 28,000 housing units are vacant…’We are disproportionately high in empty houses’
28,000 housing units are vacant
The county has a population of about 45,000. It could double and still not fill all those empty houses.
Even with REIC optimism this makes absolutely no sense. How can there possibly be 28K empty houses? Surely the builders’ loans must be coming due/
And why are these empty shacks “worth” stupid prices? Guberment loan guarantee price limits.
CALAVERAS $548,250
http://www.loanlimits.org/california/
The DebtDonkey herding programs are some boondoggles aren’t they?
40% of 28k is 11,200. Still a lot of empty houses for a sparsely populated county.
“Empty houses”
I think Gov Newsome just fixed the excess housing issue.
According to an Article in the Washington Examiner dated 7/22
Newsome Invited the World’s Homeless to CA where they will be taken care of.
I like it. Sounds like a great idea to me! What could possibly go wrong?
Link …
Gavin Newsom invites world’s homeless to California
https://www.yahoo.com/now/gavin-newsom-invites-worlds-homeless-110000209.html
Newsom added: “I’m proud of people from around the world looking at California again for opportunity, and that, again, that should not just be for certain people. All people should aspire to that California dream regardless of their income level and regarding their lot in life.”
Buying dependency voters with tax dollars!
Looking back, it’s amazing that we’ve gone from the Democrat’s “center-left” Clinton administration signing of the Welfare to Work reform, and Monica spit-shining Bill’s helmet to the Antifa/BLM/LGBTQ mob themes of shoplifting, looting, rioting and vandalism under the guise of Title VII diversity’s acceptance and inclusion. What’s next?
+1 rms
What’s so puzzling to me is that these are the SAME people who were center-left 10 years ago. It’s not as if a bunch of globalist commie newcomers took charge; it’s as if the people already in charge turned from center-right into globalist commie. Why did they do it? Money? They’re already rich. Power? They already have power. I just don’t get it.
I just don’t get it.
I have a young friend who identifies as Liberal Demacrat. My opinion is that was his parent’s stance and thos people are gone or changed. He is not religious so in a conversation about politics I asked him how he differentiates between Right and Wrong, in general. He told me it was pretty much what his friends were all agreeing on.
The power of a captured media is not to be underestimated.
Naples, FL Housing Prices Crater 15% As Gulf Coast Housing Prices Drop Like A Rock
https://www.movoto.com/naples-fl/market-trends/
As one Gulf coast broker joked, “We got buyers lined up for a haircut….. and a bath. Some are getting amputations.”
Naples, FL Housing Prices Crater 15% As Gulf Coast Housing Prices Drop Like A Rock
https://www.movoto.com/naples-fl/market-trends/
As one Gulf coast broker joked, “We got sellers lined up for a haircut….. and a bath. Some are getting amputations.”
Upstate SC has been bursting at the seams ..And the roads haven’t been keeping up at all …Interstate 85 has been designated a “Kill zone” now , they have dropped the speed limit on about 40 miles of it to 45 MPH …Don’t go there ….Part of the problem ,they can’t keep the major roads up ,is the blatant corruption involving the Contractors and politicians In SC , It costs 30% more to build roads or upkeep them in SC then in nearby States,
A 32 minute audio …
Understand SC: Corruption runs rampant in SC. This is how it’s being uncovered. | Uncovered | postandcourier.com
https://www.postandcourier.com/uncovered/understand-sc-corruption-runs-rampant-in-sc-this-is-how-its-being-uncovered/article_4fd8b3a2-7132-11eb-902c-fba39205815d.html
It’s because everybody and their brother keeps moving here. I’m sick of it. I’m looking forward to the crash…. “Can’t get here soon enough” even to my own detriment . I’m in Fort Mill sc every other car has a out of state tag. PPP money probably. If I didn’t build a custom home the way I like….which many would not…..I would sell and get out of this Fing traffic jam!
Living on a boat presents location options.
Alot of SC traffic fatalities are due to distracted driving. SC is one of the few states that permits operating a handheld phone held to your ear with your hand, while driving.
People here still hold their phone just not to their ear.
Some countries mandate the disabling of the sim carrier data functionality while the phone is in motion at automobile speeds, which is easily performed using GPS and cell tower geolocation. It’s not done in the U.S. due to missed profits. Public transport provides WiFi connectivity as a workaround.
“Part of the problem ,they can’t keep the major roads up ,is the blatant corruption involving the Contractors and politicians In SC , It costs 30% more to build roads or upkeep them in SC then in nearby States”
bettah take this heah white envelope & pie the missus baked
herself unless you
want to
get
“Brubaker-ed”
Granite Bay, CA Housing Prices Crater 27% As Crime And Quality Of Life Issues Clobber Northern California
https://www.movoto.com/granite-bay-ca/market-trends/
As a noted economist disclosed, “The housing business is a hotbed of fraud. Housing is riddled with it from coast to coast.”
The people of Cuba are demonstrating extraordinary bravery by rising up for freedom and democracy against their brutal communist dictatorship. President Biden is reacting with a disgraceful display of foreign policy clumsiness.
https://www.nysun.com/foreign/to-free-cuba-make-guantanamo-the-new-ellis-island/91585/
“The people of Cuba are demonstrating extraordinary bravery by rising up for freedom and democracy against their brutal communist dictatorship”.
I would say that if Cubans are expecting this Country (as it exists presently) or Biden to help them in their pursuit of “democracy” by fighting “brutal” communism then they are poorly misinformed and show absolutely zero knowledge of the current embracement of communism that we now have in the US of A.
Lots of luck to the Cuban rebellion.
IMHO: It seems that if you scratch deep enough on a third-world immigrant/refugee (many of whom now rule over our lives here in the US by Governmental appointment) you will eventually get the faint odor of whatever “dictatorship” they claim to have left behind.
A Cuban refugee:
https://www.haaretz.com/us-news/.premium-mayorkas-profoundly-aware-of-antisemitism-s-domestic-threat-1.9465432
https://www.washingtonpost.com/national-security/merrick-garland-alejandro-mayorkas-domestic-terror/2021/05/11/8e1f4ed8-b26d-11eb-9059-d8176b9e3798_story.html
I would say that if Cubans are expecting this Country (as it exists presently) or Biden to help them in their pursuit of “democracy” by fighting “brutal” communism then they are poorly misinformed and show absolutely zero knowledge of the current embracement of communism that we now have in the US of A.
Some months ago I had an online discussion with someone in Mexico. I was unable to convince him that the Dems and the Biden admin were leftists. He insisted that they were far right, facts did not matter. I wonder if the poor Cubans are laboring under the same delusion.
‘Hoffe said 10 of his patients who took the jab have shortness of breath or ongoing neurological problems. When he began to see new and lasting issues in post-vaccination patients, he e-mailed local health care providers to say: “This is causing harm, should we be pausing this just to take stock?”
‘Hoffe was subsequently forbidden by the College of Physicians and Surgeons of British Columbia to say anything negative about the vaccine, lest he causes “vaccine hesitancy.” He was barred from the local emergency ward, but maintains his family practice.’
‘In recent weeks, Hoffe has sought patients who have received a COVID shot within the previous four to seven days. He gives them a D-dimer test, which is the only one that will indicate the presence of new clots.’
“So far 62% of them have evidence of clotting, which means that these blood clots are not rare. It means that the majority of people are getting blood clots that they have no idea that they’re even having,” he said.’
‘Six of Hoffe’s patients have reduced effort tolerance, meaning they can’t work or play as hard as they once were able. “Once you block off a significant number of blood vessels through your lungs, your heart is now pumping against a much greater resistance… a condition called pulmonary artery hypertension,” said Hoffe.’
“And the terrifying thing of this is that people with pulmonary artery hypertension usually die of right-sided heart failure within three years. So the huge concern about this mechanism of injury is that these shots are causing permanent damage. And the worst is yet to come.”
https://westernstandardonline.com/2021/07/bc-doc-says-hes-found-blood-clots-in-62-of-post-jab-patients/
You can’t post that here. I’m gonna get you banned off of Twitter!
I suppose on the bright side there should be plenty of shacks left over.
Remember, in 1976 it took ONLY 3 deaths to shut down the Swine-Flu Vaccine. Perhaps we’ll-over-5000 should similarly be cause-4-pause:
https://www.nytimes.com/1976/10/13/archives/swine-flu-prograrm-is-halted-in-9-states-as-3-die-after-shots.html
That was a pause in 9 states. Numerous other sources cite 53 deaths.
France announced that you won’t be allowed in a polling station to vote if you don’t get the jab.
Another Frank Lloyd Wright house up for sale. I’ve toured two FLW houses, one of them was Fallingwater. Verdict: Wright had some good design concepts, but on the whole his stuff was boxy, ugly, hard, uncomfortable,* overpriced, leaked like a sieve, and pretty much violated every modern fire law.
The house for sale is the Freeman House in LA. It’s probably a great art museum, but good god who would want to live there? It looks like a cross between the Temple Mount and Ramses Tomb.
https://www.marketwatch.com/articles/a-newly-listed-4-25-million-los-angeles-home-designed-by-frank-lloyd-wright-is-not-for-the-faint-of-heart-01626963984?mod=mw_latestnews
More pix:
https://www.zillow.com/homedetails/1962-Glencoe-Way-Los-Angeles-CA-90068/20793718_zpid/
—————-
*And deliberately so. Fallingwater was a weekend retreat in the forest. Therefore, Wright designed the house and furniture to be slightly uncomfortable to encourage people to spend more time outside where they were supposed to be.
University of Southern California is selling it.
Right on cue:
“Tesla CEO Elon Musk reiterated support for Bitcoin, Ethereum, and Dogecoin at the online B Word conference Wednesday, saying he personally would lose money if the cryptos lost value and that Tesla will resume taking payments in Bitcoin, assuming it’s produced with a higher percentage of renewable energy.”
https://www.marketwatch.com/articles/bitcoin-prices-musk-dorsey-wood-cryptocurrency-51626896179
Billionaire pump and dump scheme. The entire space.
Musk, Tesla and SpaceX all hold BTC.
@teslacharts on Twitter (I’ll save Ben the moderation): When did Elon buy his bitcoin vs Tesla and SpaceX? Did he use the assets of his companies to support his personal investment, or his personal investment to support an investment of his companies?
I’ll save Ben the moderation
Guess not.
Doctors that are telling the truth are being punished. All mounting evidence warrants taking these vaccines off the market immediately. But no, they are talking about booster shots
I have seen tons of testimony from Doctors talking about all kinds of adverse effects from their patients. I have listens for hours testimony from Patients talking about their side effects. All that is going on is being censored, and no doubt they are going to clamp down harder on anything but the narrative of take the jab, its safe and effective.
Just how dare Big Pharmacy and the Government Health agencies and Fake news do this to innocent people . They know the truth but they are still going forward with this outrageous harm. I’m just hoping that the effects of the jab will wear off with time, but no they want to keep giving Booster shots to people. And these lawsuits move so slow , when time is of the essence for this to be stopped.
What in the hell is wrong with the FDA. Is there any Government agency that hasn’t been corrupted?
They aren’t going to stop the medical Tyranny and they don’t care who they harm .
Is there any Government agency that hasn’t been corrupted?
It isn’t called The Swamp and The Deep State for nothing.
No doubt part of the reason this outrageous harm continues is because Big Pharmacy has no liability on vaccines.
Do they really think that they can continue to cover up the adverse effects of a experimental vaccine?
Even before Covid , 100 thousand deaths per year in US were determined to be caused by taking Pharmacy medicines as percribed.
Also in recent years people were starting to take less yearly flu vaccine. There was also a anti vaccine movement gaining steam in the US over the skyrocking increase in autism, and other harm by the vaccine programs.
Seriously , I never took these vaccines for over 60 years because I was willing to get the flu rather than take their shots. Usually, most years I wouldn’t get the flu , but when I did it didn’t last that long. I got the common cold a number of times,
But this idea that you take a magic pill or vaccine and somehow your lifestyle doesn’t matter is absurd. Probably the modern day plumbing system, clean water, more living space and better hygiene and access to food made more of a difference in lifespans than anything.
“… and access to food made more of a difference in lifespans than anything.”
Bahahahahahaha … I think this statement is much more accurate than what you intended for it to be.
You know what I mean Mr Banker. . However I’m sure the fact that people are eating more and more junk, and not exercising or getting sun is going to start reversing the lifespans, along with pharmaceutical meds.
Do they really think that they can continue to cover up the adverse effects of a experimental vaccine?
With all those drug ads as well as FB and Twitter tripping over themselves to help, hell yeah.
July 21, 2021 interview with Dr. Peter McCullough (25m30s).
He addresses shedding and expands on mechanisms of action. He says the vaccination program should have been shut down in February based on safety.
I did watch this one, albeit at 1.5x speed. He’s got a lot to say but not much experimentation to back it up. I’m not going to say any more than that.
not much experimentation to back it up
You can thank Moderna, Pfizer, J&J and AstraZeneca for that.
CRATER ALERT
Allen, TX Housing Prices Crater 15% As Dallas Housing Market Sinks Deep In Mortgage And Appraisal Fraud
https://www.movoto.com/allen-tx/market-trends/
This website appears to have a good compilation of videos (minus David Martin). I highly recommend this 17m9s video. Dr. Bhakdi is an excellent teacher.
https://factcheckvaccine.com/2021/07/an-urgent-message-from-professor-dr-sucharit-bhakdi-july-9-2021/:
Prof. Sucharit Bhakdi MD explains recent findings that fundamentally change the Covid narrative. We already have antibody memory immunity to COVID-19, rendering 99% of us immune. This not only makes vaccination unnecessary, but re-vaccination potentially life threatening.
Links to papers summarized in the video
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0249499
https://academic.oup.com/cid/advance-article/doi/10.1093/cid/ciab465/6279075
https://doi.org/10.1016/j.cell.2021.06.005
https://www.sciencedirect.com/science/article/pii/S2352396421002036
David Martin
I saw another clip of him that confirms he doesn’t know what he is talking about. He alleges that the NIH, CDC and BMGF are colluding and price fixing in violation of antitrust law. These organizations, however, are neither market participants nor competitors so I don’t see how antitrust laws apply. Moreover, governments are the only consumers. Again, it looks like he’s distracting people who don’t know better and people who do know better wouldn’t give him the time of day because he’s not qualified/credible or they’re too busy practicing law.
Dr. Peter McCullough, Urgent Warning About Poisonous Jabs, “An Agonizing Situation”
https://www.bitchute.com/video/qHTVnuCKOB6a/
Same one I posted at 10:37AM today.
Another Realtor.com email with a $100K price reduction.
“From Fox 5 New York. “The housing market on Long Island is booming.”
This is the fooking truth. My MIL just sold a 1200 sq ft Levittown un-dormered house for $579K. That’s what I sold my Merrick luxury home for in 2005 before that crash. It took 13 years to get back to that price. In the same time taxes went from $7K to $18K.
Amazing things happen with appraisal fraud.
In the same time taxes went from $7K to $18K.
How does anyone over there afford to pay such bills?
How does anyone over there afford to pay such bills?
Many states defer property taxes for low income retirees, and recoup the arrears once they’re deceased during title transfer.
So the trick then is to maximize the HELOC, blow the money and when you die you go to your grave basically bankrupt.
or give your kids grandkids $15k a year tax free pay off their student loans. down payment on a home etc….then die broke
I was in tech hardware sales. At the time you could pull in $200K if you were halfway decent. Then the Cloud changed that.
“Then the Cloud changed that.”
Yep, IaaS and PaaS especially rendering large real time data on ArcGIS layers.
Forwarded message from Sidney Powell on Telegram:
There is a special type of crazy that gets their health advice for a gain-of-function coronavirus released from the Wuhan Lab from the guy who funded gain-of-function coronaviruses at the Wuhan Lab.
Starting to see articles about this …
Equity just sitting there for you fools that are not leveraging it for spending or other purposes. They are trying to normalize equity extraction …
Their conclusion: “Long story short, it’s plausible that equity-driven spending growth could tack on up to 1.4 percentage points to GDP in the next year. And that’s just from equity gains of primary residences.”
—–
“Canadians have never had this much equity in their homes,” reports Ben Rabidoux from Edge Realty Analytics.
That equity is not just a theoretical number. Equity is real and it can be spent. And Canadians will spend a good chunk of it if history is a guide. That spending should, in turn, fuel inflation to some degree, which (other things equal) is supportive of higher interest rates.
Over 9 million out of 10 million homeowner households now have over 25% equity. And, despite more people being “up to their eyeballs” in debt, this equity cushion is a “very good thing for household financial stability overall,” says Rabidoux.
Total homeowner equity is now estimated at over $4.78 trillion, with a “T,” up $560 billion in just the last six months alone. If those massive numbers mean little to you without context, consider that total consumer spending is just $1.2 trillion, according to IBISWorld.
Canada’s home equity windfall is having meaningful wealth effects. In fact, we estimate that equity take-outs could potentially break $100 billion for the first time ever in 2021. That compares to $74.5 billion last year and $89 billion during the housing peak in 2017.
note. obviously i am not recommending this. Just point out that this will be widely communicated to the general population in the next few months.
“Equity is real and it can be spent.”
Equity is as real as the neighborhood bidding wars make it real.
Equity for you is a seemingly magical financial creation due to price increases agreed to by strangers who decide to buy a house located nearby that is comparable to your own. If these strangers go crazy and bid up prices then you will get to enjoy a gain in equity wealth. If these strangers come to their senses and stop bidding up prices then your gain in equity wealth will come to an end.
This should be very simple to understand but for some people it is not.
“And Canadians will spend a good chunk of it if history is a guide. That spending should, in turn, fuel inflation to some degree, which (other things equal) is supportive of higher interest rates.”
Higher interest rates will stifle the magical creation of your equity wealth. This is because, with higher interest rates, a house buying puke will not be able to afford the crushing monthly mortgage payments, hence he will not be able to pay a high price for the house he wants to buy, hence no equity soup for you.
This is because, with higher interest rates, a house buying puke will not be able to afford the crushing monthly mortgage payments
I think he hasn’t been able to afford it for a long time.
Ben Stein’s Eulogy To The USA – “Goodbye America”
by Kelen McBreen
July 22nd 2021, 5:38 pm
Famed actor and economist Ben Stein recently published a piece eulogizing our great nation in his weekly online diary.
Titled, “Goodbye America,” the farewell letter to the Republic condemns the modern corporate-run government and its authoritarian censorship.
“We have no Constitution,” Stein announced in his subheadline. “July 2021. A month that will live in infamy. If there is such a thing as ‘history’ in the Biden–Orwell–Soros omni-dictatorship, July 2021 will mark the month that the Constitution, the ‘greatest work ever thrown off by the hand and mind of man,’ as Gladstone put it, was thrown into the Ministry of Truth Memory Hole.”
The well-known lawyer explained that July marks the month the “superpowers of the tech world, Google, YouTube, Amazon, Twitter, Facebook, and Yahoo, admitted to working with the Biden/NKVD administration to suppress free speech.”
https://www.infowars.com/posts/must-read-ben-steins-eulogy-to-the-usa-goodbye-america/
Florence, SC Housing Prices Crater 10% As Rural Lot And Land Prices Plummet
https://www.movoto.com/florence-sc/market-trends/
As one SC broker explained, “We take pride in increasing affordability As price continue to plummet here.”
Congratulations to George Soros, The Squad, the MSM and the Democrats. The narrative they have been pushing is paying BIG dividends.
Watch: Trio Charged With Attempted Murder in Attack on Cop During Traffic Stop
Family members facing slew of charges after officer strangled, beaten
By Dan Lyman Thursday, July 22, 2021
Three suspects have been charged with attempted murder following a brutal assault and strangulation of a cop in Aurora, Illinois, authorities say.
https://www.facebook.com/watch/?v=1735521663502504
I have a prediction.
The video of these girls pinning the officer down and strangling him as backup arrived will not be played by the MSM on an endless loop for the next year like the video of Saint George Floyd was.
I’m willing to follow many URLs, but not facebook or instagram.
Exactly. If you use Fakebook, Insta, Twitter, etc., YOU are the problem.
I read and post here from Twitter but don’t have an account. It’s mostly a libtard echo chamber but you can find some great content you won’t find elsewhere.
Twitter content is available anonymously, so I follow their URLs.
Aurora Illinois Police Department
July 21 at 7:26 PM ·
VIDEO RELEASE: THREE INDICTED ON CHARGES OF ATTEMPTED MURDER AFTER AURORA POLICE OFFICER ATTACKED AND STRANGLED DURING TRAFFIC STOP
Three people are now facing attempted murder charges after a Grand Jury indicted them on numerous felonies after they attacked, beat, and strangled and Aurora Police officer during the course of a traffic stop on the evening of June 21st.
Just after 10:30 p.m. on Monday, an Aurora Police officer performed a traffic stop on a car that rolled through a stop sign. As the officer approached the vehicle, the driver began yelling obscenities out the window. The officer also observed two other passengers in the vehicle. Moments later, the rear passenger exited the vehicle. The officer ordered her back into the car several times before informing her that she was under arrest for obstructing. However, before the rear passenger was in custody, the driver also exited the vehicle, continued yelling obscenities, and started approaching the officer at the rear of the car. The driver told the officer that he would fight him if he touched the rear female passenger.
The officer informed the driver that he was also under arrest for obstructing. At that moment, the driver took off running, and the officer ran after him. The two passengers also followed the officer yelling obscenities. The female rear passenger approached the officer as they ran, the officer turned around and grabbed her arm to take her into custody, but she slipped out of his grip.
The two female passengers then began striking the officer with closed fists and kicking his body and head. The officer heard a male’s voice and then was struck repeatedly in the head from several angles. The rear female passenger placed her forearm around the officer’s neck and applied significant force to his windpipe, causing him to lose the ability to breathe. A short time later, additional officers arrived and placed the subjects into custody.
Detectives from Aurora Police’s Investigations Division responded to the scene, interviewed the subjects, and gathered numerous pieces of evidence. Detectives presented the case to the Kane County State’s Attorney’s Office and they initially authorized numerous felony charges against the three suspects.
The investigation continued and on Friday, July 16th, the Kane County State’s Attorney presented the facts and evidence of the case to a Grand Jury, and they indicted the three suspects on upgraded charges of attempted murder.
Sheba Taylor, 26, was indicted on the following felony charges:
One count of Attempted First Degree Murder (Class X)
Two counts of Aggravated Battery (Class 2 Felony)
Four counts of Aggravated Battery (Class 3 Felony)
One count of Aggravated Assault (Class 4 Felony)
One count Resisting a Peace Officer (Class 4 Felony)
Jennifer Taylor, 24, was indicted on the following felony charges:
One count of Attempted First Degree Murder (Class X)
Two counts of Aggravated Battery (Class 2 Felony)
Four counts of Aggravated Battery (Class 3 Felony)
One count of Aggravated Assault (Class 4 Felony)
One count Resisting a Peace Officer (Class 4 Felony)
Paul Sherrod Taylor, 28, was indicted on the following felony charges:
One count of Attempted First Degree Murder (Class X)
Two counts of Aggravated Battery (Class 2 Felony)
Four counts of Aggravated Battery (Class 3 Felony)
One count of Threatening a Public Official (Class 3 Felony)
One count of Aggravated Assault (Class 4 Felony)
One count Resisting a Peace Officer (Class 4 Felony)
The charges against the defendants are not proof of guilt. They are presumed innocent and are entitled to a fair trial in which it is the State’s burden to prove their guilt beyond a reasonable doubt.
“Just after 10:30 p.m. on Monday, an Aurora Police officer performed a traffic stop on a car that rolled through a stop sign.”
…aka a Mexican stop that gets you a $250 ticket. But three vibrants would rather go to prison instead? LOLz!!
“I’m willing to follow many URLs, but not facebook or instagram.”
The Aurora Police Department facebook address is the only place I could find the unedited video.
Understood. Thanks!
First they make it hard to begin with to report the deaths and adverse reactions from Covid.Now they are trying to cover these events up and double down on blaming the unvaccinated.
This gets worse by the minute in regards to fake news.
They are just going to move forward with their plans in spite of what the facts are. They are just making this shit up.
Facts don’t matter, harming people don’t matter, laws don’t matter, its the takeover that matters.
They want vaccine passports, they want to control you, they want to jab you whenever they want and you can’t say no in what medical assaults they force. All this is against the Nuremberg laws, and a bunch of other laws, but they don’t care.
CNN calling for punishment of the unvaccinated. Biden calling half the Country enemies of the States.
Getting very unreal, no doubt more lockdowns and oppression coming.