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People Are Having To Get A Little More Realistic About Their Pricing

A report from the Washington Post. “Q: When we bought our house nearly 27 years ago, we wondered if we were overpaying. It was the mid-1990s, and houses in our neighborhoods of choice were in extremely short supply. The math we did went something like this: If we pay X dollars for the house and then spend Y dollars to renovate (either when we bought or at some point down the line), would the house be worth at least what we put into it when it came time to sell?”

“A: You never know what is in store for housing prices in a particular neighborhood. Until quite recently, on the tiny North Shore of Chicago, houses have been selling for about what the owners paid some 25 years ago. Factor in the money spent for renovations, additions, or just simple maintenance and upkeep, and homeowners lost anywhere from hundreds of thousands of dollars to, in the case of at least several sellers we know, more than $1 million dollars.”

“‘What goes up must come down,’ is a central tenet of investing. And while you do need to live somewhere, buyers must start thinking about what will happen if they buy homes with tiny down payments, interest rates start to rise, other buyers realize they can’t afford those sky-high prices, and then those properties drop 10 percent, 20 percent or even 30 percent in value. Or more.”

From Realtor.com. “Fortunately for buyers, some relief may be on the horizon as the season quickly approaches the best time to buy. In addition to active inventory on the market, the addition of fresh listings entering the market gives buyers more options. The best week historically has added 6% more listings than the average week and 19% more than the start of the year.”

“According to the most recent realtor.com data, 2021 has already surpassed this expectation. As the year has progressed and sellers have gradually returned to the market in growing numbers, the number of fresh listings coming on the market has gradually increased, with the summer consistently bringing over 100,000 new listings to the market for 15 of the last 17 weeks. The best week also represents one of the peak weeks for price reductions throughout the year, with an average of 7.0% of homes seeing price reductions that week. Nationally, this could mean roughly 50,000 homes seeing price reductions this year, based on inventory estimates.”

From Pittsburgh Magazine in Pennsylvania. “The Pittsburgh real estate housing market is still hot, but there are signs showing that you can shop and not get burned. Historically, Pittsburgh has not fallen into the same housing boom/bust cycle that has affected other markets — until now. Driving around the East End, I saw a lot of ‘for sale’ signs go up and stay up for a lot longer than I expected. Is it because of overzealous pricing?”

The Loudoun Times Mirror in Virginia. “Sales activity slowed down modestly in the Loudoun County housing market in July. At the local level the sharpest slowdown in pending sales activity occurred in Purcellville zip code 20132 (-30.3%), Sterling zip code 20165 (-28.8%), and Leesburg zip code 20176 (-23.4%). There were 584 active listings in Loudoun County at the end of July, 44 fewer listings than last year, which is a 7% decrease. A total of 1,130 new listings came onto the market in the county in July.”

From ABC 15 in Arizona. “Buyers have taken drastic steps that include waiving inspections, writing letters to current owners, even offering tens of thousands of dollars above the asking price just to move in. ‘Good news for homebuyers is that sales are decreasing just slightly over the last couple of months,’ said Natalie Campisi, a Mortgage and Housing Analyst with Forbes. With demand down, prices could be following as the supply of homes on the market grows.”

“‘We’re seeing a little more inventory creep on market, which means people are having to get a little more realistic about their pricing,’ said Jan Leighton, President of the Arizona Association of Realtors. Leighton adds that we’re seeing signs of buyers’ fatigue.”

The Jacksonville Business Journal in Florida. “The housing market in Northeast Florida in August was very similar to that in July: full of willing buyers and not a lot from which to choose, according to the latest report from the Northeast Florida Association of Realtors (NEFAR). The median home sales price in the area was $300,000 in August, which was a slight pullback from July when the price was $303,600. The average sales price was $362,699, down from last month’s $381,499.”

“‘Buyer fatigue and summer vacations brought a slight increase in inventory in August, but it is still not enough to balance buyer demand,’ said Missi Howell, president of NEFAR. The most expensive county in the area continues to be St. Johns County with a median home sales price of $430,547 in August — down from $450,500 in July — NEFAR reported.”

“The Northeast Florida Builders Association permit report showed that in August, builders received 1,422 home permits for July in Duval, Clay, Nassau and St. Johns counties. Year to date, the four counties have seen 11,181 residential permits. With three months left to go, the permit total is close to 2020’s final number of 12,555.”

The Star Advertiser in Hawaii. “Home sales continued to mostly boom in August on the neighbor islands, though some steam came out of prices in a few market segments. Data from real estate agent trade associations showed that the number of single-family home and condominium sales last month on Kauai, in Maui County and on Hawaii island rose between 9% and 216% while median sale prices mostly were higher but slipped in a few instances when compared with a year earlier.”

“Perhaps most notable was the single-family home median sale price on Kauai, which took a break from a seven- month run at or above $1 million. In August the figure was $910,000. That represented a 21% gain from $750,000 in the same month of 2020 but was down 30% from the $1.3 million record set in July.”

From Curbed New York. “It took three years and a $10 million price cut, but Steve Mnuchin has finally sold his apartment at 740 Park Avenue. The buyer purchased the apartment for $22.5 million, according to city records. Mnuchin’s apartment was first listed for $32.5 million in 2018 and went through several price cuts, most recently to $25.7 million.”

The Los Angeles Times in California. “‘This house will last forever,’ developer Mohamed Hadid once said about his 30,000-square-foot mega-mansion perched in the hills of Bel-Air. ‘Bel-Air will fall before this will.’ An L.A. court disagreed in 2019, declaring the massive, unfinished structure a ‘danger to the public’ and ordering it to be torn down. Now, the infamous estate on Strada Vecchia Road will be auctioned off to the highest bidder. The auction is the latest, and perhaps final, chapter in a saga that stretches back years filled with criminal charges, government investigations and heated courtroom battles.”

“The doomed home hit the market this year for $8.5 million, with proceeds of the sale going toward its destruction. In court, Hadid’s attorneys said the cost of the tear-down would be $5 million. ‘Essentially, the buyer is getting a piece of dirt in one of the most prestigious markets on the Westside,’ said Todd Wohl, co-founder of Premiere Estates Auction Co., which is handling the sale. ‘The market will decide what it’s worth.'”

The Province in Canada. “If you saw COVID-19 as a golden opportunity to flip a house, your timing was impeccable. Prices soared, flippers cleaned up. Real-estate insiders and observers say the party is probably over. For awhile, at least. ‘I think in the past year-and-a-half since (COVID), house-flipping has been as popular as ever,’ Adam Major, managing broker at Holywell Properties, said. ‘As prices rise, it is easier to make a profit so provided you bought before the summer of 2020 it has been easy money.'”

The Global Times in China. “Secondhand housing markets in several major cities from Beijing to Shanghai to Shenzhen in South China’s Guangdong Province have been hit hard, as regulators moved to tighten regulations to both stabilize the market and prevent major financial risks. With transactions dropping significantly, an increasing number of real estate agents are quitting their jobs, according to several real estate agents focusing on sales of secondhand homes.”

“In Shanghai, a total of 18,000 secondhand housing transactions were made in August in Shanghai, down 40 percent on a yearly basis, the biggest drop so far in 2021, financial news site stcn.com reported on Monday. The sharp drop came after the municipality implemented a new price-evaluation policy targeting local secondhand housing at the beginning of August, according to the report.”

“Analysts noted that real estate market risk and local hidden debt risk are the two major risks that need to be prevented. The sales slump in the secondhand housing market has also hit real estate agencies hard, as many agents have not been able to complete a deal for a long time. A Beijing-based real estate agent told the Global Times that nearly half of his colleagues in his district have quit their jobs. ‘Some agents have been under pressure for not completing even a single deal, so they choose to leave the job,’ he said.”

From Macau Business. “The housing rental market struggles to find its place, influenced by the decrease in number of non-resident employees and gaming-related workers, with rents now 30 percent lower over pre-pandemic period. A 2,000+ square feet four-bedroom flat in casino-hotel-housing complex ‘L’Arc’ would be rented out for as much as MOP55,000 (US$6,875) a month just two years ago. But a recent rental transaction of a similar flat in the same project has made many people in the real estate industry drop their jaws — the latest cost was only MOP17,500 a month. And this is not an isolated case.”

“‘More landlords [this year] are willing to ink contracts for 1-2 years or even three years at a lower price level, as they have to pay mortgages and cannot let their units stay empty forever,’ says Lily Hong from Midland Macau. ‘The rental demand in areas like NAPE and Cotai only just collapsed in the post-pandemic era.'”

The South China Morning Post. “After dangling rebates and freebies to attract buyers, Thai developers are trying out a new strategy to trim their inventory of unsold homes by auctioning them online at deep discounts. Some 120 flats in several projects across the Southeast Asian country will be made available for bidding next month. The flats are expected to be offered at 20 to 40 per cent below their selling prices.”

“The apartments range from studio units to penthouses, starting from HK$388,000 (US$49,893). Among the projects in Bangkok to be included in the promotion are the Maru Ladprao 15 in Chatuchak and Hyde Sukhumvit 11 in Khlong Toei, and Manor Sanambinnam in Nonthaburi district outside the Thai capital. The auction is seen as an attempt by developers to overcome excess supply as buyers disappeared amid an economic slowdown caused by the Covid-19 pandemic. Aseries of political crises and street protests preceding the public-health crisis have also conspired to drive away foreign investors, compounding the industry glut.”

“‘Bangkok has an oversupply of flats where the developers are very keen to actually sell off a certain percentage of stock at a considerable discount,’ said Dave Loo, founder and chief executive officer of the auction site. The developers may contact unsuccessful bidders after the end of auction to offer them some alternative flat units that suit their bidding prices. As such, developers may be able to close more sales as ‘there is a leeway for more negotiations,’ Loo added.”

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This Post Has 67 Comments

  1. ‘on the tiny North Shore of Chicago, houses have been selling for about what the owners paid some 25 years ago. Factor in the money spent for renovations, additions, or just simple maintenance and upkeep, and homeowners lost anywhere from hundreds of thousands of dollars to, in the case of at least several sellers we know, more than $1 million dollars’

    Wa!!?

    ‘What goes up must come down,’ is a central tenet of investing. And while you do need to live somewhere, buyers must start thinking about what will happen if they buy homes with tiny down payments, interest rates start to rise, other buyers realize they can’t afford those sky-high prices, and then those properties drop 10 percent, 20 percent or even 30 percent in value. Or more’

    Well that’s some red hotcakes right there.

      1. – As reported by no MSM new site and never will as facts that contradict the lies and false narratives disappear down the memory hole.

        “Practical politics consists in ignoring facts.” – Henry Adams

        “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.” – John Adams, ‘Argument in Defense of the Soldiers in the Boston Massacre Trials,’ December 1770 US diplomat & politician (1735 – 1826)

        “Facts do not cease to exist because they are ignored.” – Aldous Huxley

        “Blind belief in authority is the greatest enemy of truth.” – Albert Einstein

        “The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.” – Winston Churchill

        https://nypost.com/2021/09/11/more-children-in-chicago-have-been-shot-than-died-from-covid/
        More children in Chicago have been shot than died from COVID
        By Isabel Vincent
        September 11, 2021 1:30pm Updated

        “More children have been the victims of gun violence in Chicago this year than have died from COVID-19 across the entire country, according to police and the Centers for Disease Control and Protection.”

        “The CDC reported that 214 children 17-years old or younger have died of COVID-19 nationwide so far this year — compared to 261 Chicago kids who have been victims of gunfire in Chicago, according to police statistics reported by Fox News.”

        “More children have been fatally shot on the streets of Chicago than have died of COVID-19 in the state of Illinois.”

        – As America continues to descend into Third World Banana Republic status.

        “Socialism is Western Civilization in retrograde.” – me

        “A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society.” – Ludwig von Mises

        “The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture.” – Ludwig von Mises

        “Every socialist is a disguised dictator.” – Ludwig von Mises

    2. The rust belt was in full oxidation mode 25-yrs ago, so their RE buying decision was fraught with risk. However, at the same time in California RE was on the equity launching pad aiming for the stars!

  2. ‘sellers have gradually returned to the market in growing numbers, the number of fresh listings coming on the market has gradually increased, with the summer consistently bringing over 100,000 new listings to the market for 15 of the last 17 weeks’

    Some shortage. Were they just built? No. Harry Potter? No.

    Dab gumit these shacks must have been there all along!

    1. “Some shortage. Were they just built? No. Harry Potter? No.”

      “Dab gumit these shacks must have been there all along!”

      – All of that “sudden” inventory is a complete mystery. Where did it come from?
      – Speculators were encouraged to hoover up every last shack with visions of sugarplums and “get rich quick” in their eyes. Suddenly everything was bought and taken off the market instead of being available to normal, shelter-buyers. Presto! No inventory!
      – Now that the worm has turned due to “buyer fatigue” and artificially generated exorbitant price increases, Housing Bubble 2.0 is deflating and speculators are heading for the exits. This is only just getting started. The results and outcome are predictable. Just look at Housing Bubble 1.0 for guidance.

      – As the host and bloggers here at the HBB know, there’s no mystery, no Harry Potter, no magic wand causality of the “sudden” increase in inventory. It’s behavioral economics + asset bubble mania. The Fed is a one trick pony, but this time it’s “The Everything Bubble,” with virtually all assets in a bubble at nearly the same time. Think dot com bubble + housing bubble 1.0 and add a few more trillions and you wouldn’t be far wrong.

      “Pigs can fly if shot out of a large enough canon; until they come down to earth as bacon.” – Harley Bassman

      1. Buyers get fatigued? But sweet equity, how can one tire of that?

        I know, it’s UHS talking points. They rolled this one out far and wide. “Oh they tired. Let em take a nap. And cut yer prices you greedy bashtards.”

  3. ‘it is easier to make a profit so provided you bought before the summer of 2020’

    Reminds me, I need to go out back and work on my time machine…

  4. ‘Buyer fatigue and summer vacations brought a slight increase in inventory in August, but it is still not enough to balance buyer demand,’ said Missi Howell, president of NEFAR. The most expensive county in the area continues to be St. Johns County with a median home sales price of $430,547 in August — down from $450,500 in July’

    This is another BF Egypt area that has no reason for shacks to cost anywhere near these numbers. It’s going to be a disaster, like last decade for Northeast Florida. What, you didn’t get enough a$$ kicking last time?

  5. ‘Some 120 flats in several projects across the Southeast Asian country will be made available for bidding next month. The flats are expected to be offered at 20 to 40 per cent below their selling prices’

    This does what to previous buyers? The foreign investor strikes again. Two things I’ve seen from watching videos: they have been throwing up condos on every flat spot in Thailand for years. And the guberment seems to be purposefully destroying the economy using the CCP virus as an excuse, even though almost no one has died.

  6. I came across this:

    PESHAWAR:

    The prices of American M-16 and M-4 rifles have dropped dramatically on the Darra Adam Khel and other black markets owing to the increased supply of weapons after the fall of Kabul to Taliban.

    An M-4 rifle which was previously available at one million rupees is now being sold at Rs800,000 and the prices are plunging with each passing day. People are reluctant to buy these rifles waiting for a further drop in price in the coming days.

    Talking to The Express Tribune a local resident Shahnawaz said that with the Taliban emerging victorious in Afghanistan, the supply of rifles has suddenly stabilised and each day dozens of these military rifles are being shipped to Pakistan from the war-torn country.

    “Taliban have caught large reserves of these US military rifles while some ex Afghan army soldiers have also sold their rifles to traders in order to make some money and this is why the weapons are being smuggled to Pakistan on a very large scale,” he said, adding that since August 15, there was a massive price drop in the local market and people have stopped buying these rifles as they await a further decrease in prices.

    “A bullet of M-4 was previously available at Rs70 per round but now it is sold at Rs55 and we expect it to drop to Rs35 in the coming days due to the increased supplies,” said another dealer who deals in ammunition only.

    “Compared to AK-47, M-16 and M-4 carbines are not considered good because they are complex and not jam-proof but still since they are expensive, these rifles are considered a status symbol especially in Punjab and these rifles are smuggled on a very large scale to Lahore,” he said, adding that in the past there were 9mm pistols reaching Darra but these days they solely deal in rifles.

    “There is very little demand for these super expensive US rifles and 90 per cent of them are sold to arms dealers in Punjab where they fetch a higher price and where people have the purchase power.

    “The Afghan economy has been in a shamble these days. There are millions of people left jobless with the sudden withdrawal of US forces from the country and Taliban themselves need cash so they will eventually sell their surplus stocks of rifles to arms traders in K-P and Balochistan,” he said, adding that the US withdrawal has almost finished the supply of liquor to the market.

    “Previously K-P and Balochistan were the only places where whisky was available at half its original price because of its large scale theft from NATO containers.

    https://tribune.com.pk/story/2319627/us-rifles-see-drop-in-black-market-price

    1. “…the weapons are being smuggled to Pakistan…”

      The CIA provided arms to the Taliban via Pakistani intelligence when they were fighting the Soviets. Today, the CIA is buying-up the Taliban’s excess U.S. made weapons via Pakistani intelligence.

    1. ‘This is going ruin people.’

      They self-ruined when they willingly traded 30 years of labor for a rapidly depreciating asset under the advisement of a realtor, in this case a house, at a grossly inflated price.

      Now prices are falling.

      Pasadena, CA Housing Prices Crater 21% YOY As Southern California Sellers Get Barbequed

      https://www.movoto.com/pasadena-ca/market-trends/

  8. BTW a woman came by Saturday. She’s probably in her 70’s. Got the death injection recently, had a stroke the next morning and was whisked off to intensive care. Just got out, still has heart problems.

    I encouraged her, and you if you’ve had the death injection, to put the good old HBB in yer wills. I will take care of yer shacks and cars and use funds for my personal re-population campaign. Do it for the children.

    2. Got the death injection recently, had a stroke the next morning and was whisked off to intensive care.

      I’m sure my former GP would say that “was just a coincidence”.

      Upton Sinclair’s quote about not understanding if your salary depends on it comes to mind. Especially since so many doctors no longer have private practices and work for large healthcare conglomerates. I wouldn’t be surprised if my doctor was told to toe the line or face dismissal and possibly the loss of his license.

  9. Become un-cancelable.

    To follow up last week’s advice to become ungovernable, you need to become un-cancelable.

    I was just in our manager’s office and he has a flag on the back of the door that says “F* Biden and F* You for voting for him.”

    LOL@ some globalist thinking they could “cancel” me.

    1. “beyond the reach”

      It wouldn’t surprise me if the globalist cockroaches Southern Poverty Law Center use facial recognition software in partnership with globalist Facebook to doxx those students and get them expelled from school.

      That’s who these globalist parasites are, and that’s what they’ll do.

      They are the de facto “Defamation League” and are not only anti-American, but they are the agents of white genocide ☠

      1. Anyone dumb enough to use FB or Instagram, much less post a real profile picture, deserves the consequences. Zuckerberg is a scumbag.

    1. MMA fighter who transitioned after serving in US Army Special Forces defeats French woman

      It didn’t take long to go from a Southpark episode to reality.

  13. ELVIS PRESLEY – MEMORIES
    https://youtu.be/hfaWK291Fr0

    Cratering…. housing prices wrecked your ravaged mind.
    Cratering…. housing prices now you’re in a bind.

    Housing prices come floating down and then they crash right through the ground,
    in a rage you stamp the horseshoes on your feet,
    Then the market bursts apart with sweet atrophy….. atrophy.

    Federal Way, WA Housing Prices Crater 32% YOY As Mortgage Fraud Epidemic Blankets Washington State

    https://www.movoto.com/federal-way-wa/market-trends/

  15. Via TrialSiteNews: Trusted News Initiative Degrades Into ‘Shadowy’ Media Spin Factory Representing Power & Money Interests

    Recently, TrialSite News introduced the Trusted News Initiative (TNI) as a proactive, orchestrated, and directed effort to censor information based on partisan or special interests masking as unified and universal points of truth. Unfortunately, as special interests are known to penetrate and heavily influence places such as Congress, so too can they influence what the news is—to maximize any particular corporate concern or an ideological agenda. We must remember that such use of media and propaganda represented a cornerstone of authoritarian or fascist regimes of the past, such as the Soviet Union and Nazi Germany’s mastering the use of media to “Accuse the other side of what you are in fact guilty of.” Recently, a Canada-based article referencing the TrialSite piece and many others raised grim concerns about the TNI and its unfolding agenda in the context of the pandemic.

    Remember, James C. Smith, President, Chief Executive Officer and Director of Thomson Reuters Corporation (think Reuters the international news organization), sits on Pfizer’s board.

    1. The media talking heads are every bit as evil and sinister as the globalist sh!tbags themselves. They know exactly what they are participating in. The day of the rope should include all of them as well.

      1. Oh it will. DJT was 100% correct when he said that “the media is the enemy of the American people.”

        Real Journalists are as guilty as Julius Streicher was, and they will be dealt with accordingly…

        1. I’d hazard a guess we all have a journalist living nearby that wouldn’t be missed terribly if they were the victim of a “random” crime. It’s not like these people have security details!

  17. Central Bank Visions of Absolute Control | Economic Prism

    😁

    https://economicprism.com/central-bank-visions-of-absolute-control/

    (snip snip)

    “Make no mistake. The central planners want absolute control over how you spend your money. They want to control what you do with your property.

    “For money, remember, is property. Your money is your property. It represents the time, the sacrifices, the skills learned, and the risks taken to earn and save it. The central planners want to impose their will on how you chose to use and enjoy your property.

    “Yet it’s not just the central planners that want to muck around in your private life. The wealthy elite also want to. BlackRock CEO and billionaire Larry Fink relishes the great promise of absolute control. According to Fink:

    “’Markets don’t like uncertainty. Markets like totalitarian governments where you have an understanding of what’s out there.’

    “Indeed, full control is good for Fink’s business. It’s also good for other corporate elites and crony capitalists. But it’s a disaster for the rest of us.

    “Alas, we’re but one crisis – real or fabricated – from the full execution of CBDCs…and the loss of all remnants of economic privacy.

    “The central bankers and elites won’t stop until their visions of totalitarianism are realized.”

  18. Some LV realtard spamming my email LOL

    “LIVE IN THE PAYMENT
    By Linda Eden
    Comments (0)

    It’s possible to buy a property with as little as 3% down, and maybe with no money down if you qualify for a VA or a USDA mortgage.

    Buying a home is more obtainable than you think, and having little down payment doesn’t need to hinder your homeownership plans.

    Click Here to contact me today to learn more about your options and to get started with qualifying for a low-rate mortgage today!”

    1. Today in the mail I got two offers for refinances, with cash-out available. I’ve been getting a lot of those lately. I guess they know I have equity and a good credit score.

      2. “Today in the mail I got two offers for refinances, with cash-out available.”

        In California, homeowners need that cash-out refinancing so they can make their other payments.

        “I guess they know I have equity and a good credit score.”

        The lenders are more interested in the property’s steadily rising value, which lowers the loan risk.

  19. Read … and weep:

    Bubble Wrapping History: The National Archives Moves To “Reimagine” The Founding – JONATHAN TURLEY
    https://jonathanturley.org/2021/09/13/bubble-wrapping-history-the-national-archives-moves-to-reimagine-the-founding/amp/?__twitter_impression=true

    (snip)

    “Below is my column in the Hill on the recommendations of the anti-racism task force to ‘reimagine history’ at the National Archives. It appears that the Archives are moving forward with warnings and other reforms.

    “Here is the column:
    We are living in the age of reimagination. We are not reducing police, we are ‘reimagining policing’ … not ‘packing’ the Supreme Court but ‘reimagining justice’ … not embracing media bias but ‘reimagining journalism’ … not embracing censorship but ‘reimagining free speech.’

    “Conversely, the lack of such imagination can be a career-ending flaw. As a result, many remain silent rather than question the need for the revisions that come with ‘reimagination.’

    “That dilemma was evident as a federal task force recently issued a call to ‘reimagine history’ at the National Archives, including adding warnings to protect unsuspecting visitors before they read our founding documents. We are reimagining ourselves out of the very founding concepts that once defined us. Reimagining the founding documents comes at a time when many are calling to ‘reimagine the First Amendment’ and other constitutional guarantees.

    “National Archivist David Ferriero created a racism task force for the National Archives after last summer’s protests over the killing of George Floyd in Minneapolis. Such task forces are created with the expectation that they will find problems, and — once recommendations are made — objecting to ‘anti-racist’ reforms can easily be misconstrued as being insensitive or even racist.

    “Obviously, documents and spaces can be viewed differently from different backgrounds. There is also a need to contextualize our history to deal honestly with our past. However, the ‘reimagination’ line should not divide the woke from the wicked. Yet that is the fear for many academics who do not want to risk their careers after campaigns against dissenting voices on campuses around the country.

    “For example, for many of us, the National Archives’ Rotunda — containing the Declaration of Independence, the Constitution and the Bill of Rights — is a moving, reverential place celebrating common articles of constitutional faith. That is not what the task force members saw.

    “Instead, they declared that the iconic Rotunda is one of three examples of structural racism: ‘a Rotunda in our flagship building that lauds wealthy White men in the nation’s founding while marginalizing BIPOC, women, and other communities.’ They called for ‘reimagining’ the space to be more inclusive, including possible dance and performance art. Even the famous murals in the Rotunda might have to go: The task force noted that some view the murals as ‘an homage to White America.’

    “The report objected to the laudatory attention given white Framers and Founders, particularly figures like Thomas Jefferson. It encouraged the placement of ‘trigger warnings’ to ‘forewarn audiences of content that may cause intense physiological and psychological symptoms.’

    “The task force report called for ‘reimagining’ the portrayal of founding documents on OurDocuments.gov, the website for America’s ‘milestone documents.’ The task force objected that the ‘100 milestone documents of American history’ included ‘adulatory and excessive language to document the historical contributions of White, wealthy men.'”

    Click on the link for some more reimagining ideas.

  21. The Salty Cracker — False Flag: Man with Machete in Swastika Covered Truck Arrested Outside DNC (9/13/2021, 7m46s):

    https://www.bitchute.com/video/3elIg1CDTYMH/

    This is specifically what it means that anyone talking about “groups” is a Fed and anyone talking about doing stupid sh*t like this is a Fed.

    They are all Feds, they glow in the dark, and the HBB is a blog of peace. Which is why we *always* emphasize that there will be trials, convictions, and executions, in that order.

    Globalists, your days are numbered…

    1. The Salty Cracker — fast forward to 04m 34s in the vid (9/13/2021):

      “Don’t let these people on the left hand side gaslight you
      don’t fall for the depression
      don’t fall for the dejection
      don’t fall for the demoralization
      that’s what they’re trying to do to you”

      https://www.bitchute.com/video/eZumGpFT2qMj/

      Imagine actually paying money to some corporate media so they can use your money that you gave them voluntarily to plan and execute your extermination? LOLZ

      Globalists gonna globe.

    2. The Salty Cracker — False Flag: Man with Machete in Swastika Covered Truck Arrested Outside DNC (9/13/2021, 7m46s):

      Right on cue, all the “far right extremists” straight out of central casting will make their appearances as the Deep State and the lapdog media demand that we surrender our rights in the face of this mortal threat.

    1. Must have to limit the food in the tray, or else the squirrels will have the banquet tossed over to their side of the fence.

  23. I posted last week that I was doing my online continuing education for my contractors license instead of watching football. Time well spent and task completed 2 weeks ahead of schedule. My problem arises from a new requirement for the license renewal, a “random” background check with electronic finger prints and guess who was “randomly” selected.

    Now I’m not upset about the background check, they did one when I got my license 27 years ago and that was it for me and every other contractor in Palm Beach, Martin and Broward counties until now. What I don’t like is the “random”. If they have a problem then make everyone do it. I don’t think I’ve even had a traffic ticket in the last 25 years much less any kind of complaint about my company or myself about anything work related.

    Maybe I’m overreacting but a random background check/electronic finger print requirement makes about as much sense to me as mandatory Covid vaccines for every company with 100 employees or more and not requiring the same thing for the U.S. Post Office and their 600.000 employees.

      1. “Random background checks are probably random because they can’t afford to check everybody.”

        I had to pay $91 for my own random background check.

      2. “JUST IN: White House official now says USPS workers ARE part of the federal vaccine mandate order under OSHA jurisdiction, though technically not under the executive order,” Post reporter Jacob Bogage wrote on Twitter.

        Previously, the Post reported that postal workers would only be “strongly encouraged” to comply with Biden’s mandate, citing information from a White House official who requested anonymity.

        The Post story mentioned that many of the Postal Service’s work force of nearly 650,000 people were members of the American Postal Workers Union, a group that in July came out against vaccine mandates, asserting “It is not the role of the federal government to mandate vaccinations for the employees we represent.”

        https://www.foxnews.com/media/washington-post-reporter-postal-service-exemption-biden-vaccine-mandate

    1. Financial Times
      Chinese business & finance
      China uses anti-fraud app to track access to overseas financial news sites
      Police identify and question people on back of software meant to prevent online scams
      People look at their mobile phones in Shanghai
      The app was launched in March by the public security ministry’s National Anti-Fraud Centre
      Sun Yu in Beijing 2 hours ago

      Chinese police are using a new anti-fraud app installed on more than 200m mobile phones to identify and question people who have viewed overseas financial news sites, according to individuals summoned by the authorities.

      The app was launched in March by the public security ministry’s National Anti-Fraud Centre and blocks suspicious phone calls and reports malware. Police said it was needed to combat a surge in fraud, often perpetrated by overseas operations managed by Chinese and Taiwan nationals.

      The ministry recommended that the app was downloaded but numerous local government agencies made it mandatory for their employees and individuals with whom they work, such as students and tenants.
      …

      2. “…according to individuals summoned by the authorities.”

        I have a vision of an manacled citizen flanked by two soldiers brought before someone in-charge sitting behind a folding table in a makeshift office of discovery.

    2. The Financial Times
      Evergrande Real Estate Group Ltd
      China’s Evergrande faces investor protests as liquidity crunch worsens
      Indebted property developer hires restructuring advisers to tackle almost $310bn in liabilities
      An exterior view of China Evergrande Centre in Hong Kong
      Evergrande’s mounting liquidity crisis has raised fears that any failure to repay its debts could pose a broader risk to China’s financial system
      Sun Yu in Shenzhen, Tom Mitchell in Singapore, Ryan McMorrow in Beijing and Thomas Hale in Hong Kong yesterday

      Evergrande has hired restructuring advisers and warned that its liquidity is under “tremendous pressure” from collapsing sales as China’s most indebted property developer faces protests by home buyers and retail investors.

      In a statement to the Hong Kong stock exchange, Evergrande disclosed that its monthly sales had almost halved from June to August, falling from Rmb71.6bn ($11bn) to Rmb38.1bn.

      While September is usually a bumper sales month for developers, Evergrande, which last month warned over the risk of default because of a spiralling liquidity crisis, blamed “negative media reports” for depressing confidence in the company from potential property buyers.

      The company said it had hired Houlihan Lokey and Admiralty Harbour Capital to evaluate its liquidity and “explore all feasible solutions” to ease its mounting debt crisis.

      Evergrande, based in Shenzhen in southern China, is saddled with almost Rmb2tn of total liabilities, raising concerns that any failure to repay its debts could pose a broader risk to the country’s financial system and international bond markets, where it has borrowed heavily.

      The group’s mounting credit woes have coincided with a Chinese government regulatory drive against big technology groups, the real estate industry and other sectors.

      On Monday, the country’s housing ministry announced a three-year inspection campaign to tighten regulation of the property sector. Last year, the government implemented a strict “three red lines” policy aimed at reducing developers’ leverage, which China’s banking regulator has labelled the country’s biggest financial risk.

      In recent days, Chinese social media platforms have been flooded with complaints from property buyers worried that their new homes would not be completed and from investors who bought wealth management products sold to fund Evergrande’s real estate projects.
      …

  26. It seems like the Kauai pandemic bubblet has peaked and popped.

    “Perhaps most notable was the single-family home median sale price on Kauai, which took a break from a seven- month run at or above $1 million. In August the figure was $910,000. That represented a 21% gain from $750,000 in the same month of 2020 but was down 30% from the $1.3 million record set in July.”

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