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Investors Might Need To Offer Steep Discounts If They Want To Sell Fast

A report from Pleasanton Weekly in California. “Buyer behavior has shifted during the second half of 2021 and is likely to continue into next year said Tina Hand, 2021 president of the Bay East Association of Realtors. Hand said buyers are backing off and sellers aren’t used to that. Asked how sellers are responding, Hand said, ‘I think they are a bit surprised that they aren’t getting the prices we were seeing even as recently as August and the beginning of September. They haven’t quite woken to the fact that the market is shifting. Sellers had been getting 15 or 20 multiple bids going $200,000 to $400,000 over the asking price, and that’s not happening,’ she said.”

“From August to September, the median sales price for a single-family home in Pleasanton dropped from $1.79 million to $1.56 million. Hand said, ‘There’s talk about a ‘housing bubble’ but the factors just aren’t there; this is not 2008. What happened then is not going to happen in 2021.'”

From The Real Deal. “When Carlos Rafael Castaneda Mendez embarked on a scheme to take out fraudulent mortgages, he set his sights on four high-end residential properties in South Florida that neither he nor his accomplices owned, according to prosecutors. Castaneda is one of seven people sentenced this week for their roles in what federal authorities say was a $10 million mortgage fraud and identity theft scheme.”

“From May 2019 to May 2020, the strategy was to pose as the property owners, using fake passports and driver’s licenses, open bank accounts in the owners’ names, and take out loans on the real estate, the indictment states. The co-conspirators used the funds to splurge on payments for a Mercedes-Benz Sprinter and watches.”

“South Florida’s luxury residential real estate often appears in allegedly fraudulent schemes. In September, the Securities and Exchange Commission filed civil charges against a Miamian who allegedly ran a $66 million payday loan scheme and diverted some of the money to pay for a $1.5 million unit at Epic Residences & Hotel.”

From Bisnow New York. “Evergrande’s impending collapse is having ripple effects on a development site on the other side of the globe. Amid attempts to offload its properties nationwide and increase cash flow, Chinese developer Oceanwide is marketing its development site at 80 South St. for sale at $190M less than the $390M it paid in 2016. Oceanwide hit pause on its development plans for the skyscraper in 2019 amid a tumultuous time for the company and put it on the market along with two other projects in San Francisco and Los Angeles.”

The Boston Globe in Massachusetts. “Not so fast. A 251-square-foot home in Newton that was listed for $449,900 and had a contigent offer in just days is back on the market — at a reduced price. Hans Brings, the listing agent, said that the buyer wanted to put down 20 percent of the purchase price, but couldn’t find a lender that would finance the home because it was too small. The home at 1295 Boylston Street is now being listed for $389,900, and the owner is looking for a cash offer.”

“‘The home’s going to be difficult to finance if at all,’ Brings said following two showings of the home. ‘The key is that someone’s going to have to most likely buy it cash unless they have some sort of a local lender that’s willing to accept the size of the home.'”

“The initial asking price of $449,900 put the home at $1,792 per square foot. The reduced price puts that number at $1,553 per square foot, according to the listing. It sits on a 2,452 square-foot lot. The offer — one of multiple to come in on the home — was accepted about eight days after the property was listed. Brings said he was surprised the buyers weren’t able to find a lender. ‘They weren’t able to find a lender that was willing to accept 20 percent down, which seems kind of crazy to me considering there’s condos that are small condos that actually sell with financing about the same size,’ he said.”

The Sydney Morning Herald in Australia. “Homebuyers will need to earn more than $200,000 a year to buy a mid-range house in more than 270 Sydney suburbs if tougher borrowing limits are introduced. An analysis of what would happen if a cap limiting a mortgage to six times a borrower’s income came into force in Australia’s booming housing market shows individuals with a 20 per cent deposit would need an annual income above $100,000 to buy in hundreds of suburbs in both cities.”

“PRD chief economist Diaswati Mardiasmo said debt-to-income limits were needed in hot property markets as Australians stretched their budgets to pay for housing. ‘Our proportion of family income devoted to meeting average loan repayments have increased, with NSW showing the biggest spike,’ she said. ‘This suggests that more and more Australians are committing themselves to higher debt. Some would argue that with a hot market [ratio limits] might mean some people are disadvantaged and cannot get the property that they want,’ she said, but it also meant home buyers might consider a home more within their budget, which could help cool the market overall.”

“‘It’s very much on the top of sellers’ minds to try to get a deal together before the market could be impacted,’ The Agency Epping’s Catherine Murphy said. ‘If you know buyers, instead of being able to spend $2.5 million, they can only afford to be spending $2.1 million, that counts that buyer out of the game. The more buyers you have, the more you end up selling for.'”

The South China Morning Post. “News that China is to pilot a much-heralded property tax in selected cities may have a psychological impact on the market, prompting owners of multiple homes to sell down their holdings before the market takes a sizeable hit, according to analysts. With the new levy bound to undercut house prices across the nation – as it is intended to do – agents said those investors might need to offer steep discounts if they want to sell fast.”

“‘Heavily geared investors will be hardest hit as it will become more difficult for them to sell amid a depressed market,’ said Huang To, the general manager for project development at real estate agency Centaline’s Guangzhou unit. He was referring to investors who had borrowed heavily to buy several properties.”

“In Guangzhou, one of the cities tipped to be involved in a five-year pilot scheme for the tax, prices of lived-in homes have dropped by around 10 per cent in recent months, while sales have fallen 20 per cent in each of the last few months, he said. ‘It is hard to find buyers even without the news of the property tax,’ said Huang. He estimated that 40 per cent of households in major cities such as Shenzhen, Shanghai and Beijing own at least two homes.”

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This Post Has 136 Comments

  1. they aren’t getting the prices we were seeing even as recently as August and the beginning of September’

    Winnahs!

    ‘They haven’t quite woken to the fact that the market is shifting. Sellers had been getting 15 or 20 multiple bids going $200,000 to $400,000 over the asking price, and that’s not happening’

    Oh dear…

    ‘this is not 2008’

    You are correct Tina. The year is 2021, we can all agree on that.

    1. Have you noticed that Biden voters and typical democrap voters in general are just a bunch of angry poor people?

      The irony here is they’re poorer now than they were just 12 months ago. That’s ok with them because in their sick minds the if they can drag everyone else down to their level, they’ve succeeded.

      1. …. and as prices slip under 2001 levels we’ll see wholesale foot stamping and DebtDonkeys throwing themselves off the nearest bridge.

          2. The full version of Loza Alexander’s “Let’s Go Brandon” – the unofficial anthem of the anti-tyranny resistance – is dropping sometime this week. Let’s take it back to #1 on the iTunes charts – thwarting The Narrative being promulgated by the globalists and their media propaganda outlets.

    2. Look at the number of, “I got rich working weekends only!” ads following that twitter thread. These commission junkie salesmen need a certificate of graduation from Pol Pot University.

        1. The Fed has been a cancer on this country ever since its misbegotten 1913 founding by the robber barons of the era.

    3. The first comment I saw struck me:

      “If we need $50k a year of passive income to pay our bills?
      $1.25 million of Index funds using 4% rule would get us there
      $625,000 of paid off rental real estate giving us 8% yield gets us there also
      We are working to build both”

      Everybody is a rentseeker, looking to build some magical little real estate empire. I hope all these focks go broke.

      1. I’m investing in zero expense S&P 500 and Russell 2000 index funds. Where am I supposed to put my money (as a renter, I have plenty of that)?

        I was getting 5.25% APY on a savings account with AmTrust Bank back in Cleveland with zero minimum balance in 2008. Those days are probably over, forever…

        1. Where am I supposed to put my money

          Is that a serious question? IIRC, you’re heavily in cash atm. The defensive gurus say stay in cash for another year and wait for the market to fall. If you want to invest, they say that the most undervalued assets are commodities and precious metal miners. Possibly silver.

      2. The commenter is “theFLcouple” with an avatar pic of a starry-eyed, embracing, smiling Millenial couple. The type that show up on Househunters every darn day. How much you want to bet they voted for the same Democrats who want to permanently cancel rent?

  3. ‘South Florida’s luxury residential real estate often appears in allegedly fraudulent schemes’

    No!

    ‘The initial asking price of $449,900 put the home at $1,792 per square foot’

    There’s a photo of this dog house at the link.

    ‘They weren’t able to find a lender that was willing to accept 20 percent down, which seems kind of crazy to me considering there’s condos that are small condos that actually sell with financing about the same size’

    Oh Hans, just wait. They’ll break it off in yer a$$es yet, like they are doing in Australia, New Zealand and China. They’ll quit financing these crappy airboxes too.

    1. Oh but it’s so cutie-patootie! (Except someone covered the window with a closet. 🤷🏼‍♀️ ) There’s an external-entry basement too — wonder if you could install a laundry down there. TBH it would be a great AirBnB, but how many nights would you need to rent this out to make back $390K?

      1. My first house had a building just like that (no basement) on the back corner of the lot. The previous owner had put it there as an art studio, and planted blue spruce around it. I think it had been a contractor’s office. I had the structure insured for something like $1,000.

    2. So it allegedly had multiple offers at the higher ask price, and now they’ve dropped the price about 15% and can’t find a buyer? Look out below.

      “WHERE HAVE ALL THE BUYERS GONE?!” local realtor looking at his leased Range Rover bill.

  4. https://www.latimes.com/opinion/story/2021-10-25/halloween-pandemic-fauci-rules

    ‘I live on one of those L.A. streets where kids and their families come from all around the city to trick or treat. On a typical Halloween, we buy a couple hundred dollars’ worth of candy and we have a nonstop line in front of our door from 6 p.m. until 9.’

    ‘We sit outside, which feels like Times Square on New Year’s Eve. ..
    But this year, I don’t know what to do. Is there going to be a massive Halloween turnout or will people stay home? If they come, should we be there for them or turn our lights out and hide guiltily inside? Will our neighbors be giving out candy or abstaining?’

    ‘My point, though, is not really about Halloween, but about the moment we’re living through. One of the things I find most disconcerting about this stage of the 19-month-old pandemic is that the rules no longer seem clear. In 2020 we were much more locked down, a lot less free to do as we pleased — but at least we knew what was being asked of us in the name of health and safety, and how to comply.’

    ‘I’m vaxxed. Two Pfizer shots, no booster. Last shot administered six months ago. I’m 62 years old. So can I eat inside with other people? With my mask off? At a crowded restaurant? Some of my friends do; others don’t. Should I worry if the guy next to me on the plane isn’t wearing a mask? I did worry when it happened to me — but when I wrote about it, lots of people insisted that I was hysterically overreacting.’

    ‘Can I hug my friends or shake their hands when I meet them on the street? These days, sometimes I do and sometimes I don’t, depending on, well, on nothing really.’

    It was always based on nothing, you urine soaked moron. Just keep on eating with yer mask on, fool. You’ll be dead soon anyway. It’s the death shot, it is NOT a vaccine.

    1. What sad is this person is asking for permission to do anything and everything instead of thinking for themselves.

      The perfect ‘Murican.

    2. “Can I hug my friends or shake their hands when I meet them on the street? These days, sometimes I do and sometimes I don’t, depending on, well, on nothing really.”

      Kinda like going to church ’cause there’s a reward, but ‘ya have to die first to collect it.

    3. https://twitter.com/CaldronPool/status/1452127708016566274?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1452311697767768074%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4940675%2Fpg1

      Australia announces you will be required to get a booster shot every six months for the rest of your life to participate in society. This was the plan from the beginning. Once they get the kielbasa passports in place, it is going to be permanent.

      1. Australia is a cuck nation. They gave up their gunz 25 years ago, and are getting exactly what they deserve.

        GOVERN ME HARDER, DADDY!!!

        2. The implication seems to be that “it can’t happen here”. May I caution that this is the exact philosophy that allows “it” to happen here?

          1. if they can program your currency from a central computer.

            States can issue their own currency, or foreign currencies can be used as well as PM’s.

      2. Jesus H, I thought this was a joke.

        On a side note, why do these public officials still have sign-language interpreters at these events? Don’t we have automatic captioning now?

    4. “Maybe I should relax and enjoy Halloween, Fauci-style, since I’m immunized. But my gut tells me that vax or no vax, it’s wrong to make face-to-face contact from a foot apart with 500 or 1,000 children in a single evening — most of them unvaccinated because they’re under 12. It’s not just wrong for me; it’s wrong for them too.”

      Smooth brain prog confused by the conflicting messages given to him by his overlords. “Hey is it okay to breathe? I need someone to tell me if it’s okay to breathe!” This is the same Karen who felt the need to devote an entire column to a man who had the audacity not to wear a mask during a flight. What are the odds that this simp considers himself intellectually superior to Trump supporters?

      1. This guy is lucky that his trick-or-treaters are under age 12. My nabe gets the grubby teenagers and adults, some of whom barely dress up except maybe with a mask. Geeze, for the same amount of money, they may as well go to Wal-Mart the day after and snap up the sugar half-off.

  5. “From August to September, the median sales price for a single-family home in Pleasanton dropped from $1.79 million to $1.56 million. Hand said, ‘There’s talk about a ‘housing bubble’ but the factors just aren’t there; this is not 2008. What happened then is not going to happen in 2021.’”

    Is a one month drop of $230,000 alot?

    1. It’s funny how “bubble” means a big, shiny thing, like for example property values up 20% in 12 months, but you try to get a quote on that, and “bubble” suddenly means the film left on the ground after one has popped. Nothing to see here!

      1. “It’s funny how “bubble” means a big, shiny thing, like for example property values up 20% in 12 months, but you try to get a quote on that, and “bubble” suddenly means the film left on the ground after one has popped. Nothing to see here!”

        “The popularity of inflation and credit expansion, the ultimate source of the repeated attempts to render people prosperous by credit expansion, and thus the cause of the cyclical fluctuations of business, manifests itself clearly in the customary terminology. The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression. People rebel against the insight that the disturbing element is to be seen in the malinvestment and the overconsumption of the boom period and that such an artificially induced boom is doomed. They are looking for the philosophers’ stone to make it last.” — Ludwig von Mises (1940)

        “It’s déjà vu all over again.” – Yogi Berra

        – Asset price inflation, and now general and wage price inflation aren’t by accident, they’re policy, but just try getting gov’t. to admit that. The asset bubble blowing policies of 2000 dot com bubble/crash and the 2008 GFC/Housing Bubble/Crash 1.0 are still in effect, but now as the debt must ever be expanding in the Ponzi finance scheme we’re living in, the current bubble is the largest ever, “The Everything Bubble.” Maximum asset financialization, but “trees don’t grow to the sky.” The Fed has your back just like in the last two bubbles, but it’s different this time.

        https://www.bbntimes.com/financial/why-interventionist-governments-love-inflation
        Why Interventionist Governments Love Inflation
        Daniel Lacalle | 20/10/2021

        “No government looking to massively expand its size in the economy and monetize a soaring deficit is going to act against rising prices, despite claiming the opposite.”

        “One of the things that surprises citizens in Argentina or Turkey is that their populist governments always talk about the middle classes and helping the poor, yet inflation still soars, making everyone poorer.”

        “Inflation is the gradual erosion of the purchasing power of the currency. Governments will always use different excuses to justify inflation: Soaring demand, “supply chain disruptions” or evil corporations’ greed. However, most of the time these are excuses. Inflation is always a monetary phenomenon. Prices soar because money supply rises massively above real output and real money demand.“

        “What happened in 2020 was that massive money creation in the middle of an economic lockdown created monetary inflation in non-replicable and relatively scarce goods and services. Why did this not happen before?”

        “Well, it did. Before, we saw a massive rise in asset prices. Inflation is created where the excess of money goes, be it soaring equity and high-yield bond markets or all-time high housing and private equity valuations. More money chasing the same number of goods. Furthermore, there was also massive inflation in essential goods and services. The prices of housing, healthcare and education rose significantly above the official CPI (consumer price index) print.”

        “The rhetoric about “transitory” inflation remains, both at governments who are unwilling to reduce massive spending, and central banks, who are caught between a rock and a hard place as they have to monetize soaring deficits from highly indebted governments and at the same time defend their strategy of “price stability”. Between those two, guess what they have decided to opt for? Yes, keep printing and say some day it will pass.”

        1. Do you really believe wages will triple or quadruple to meet grossly inflated prices of housing?

          Of course not. Only a fool does.

          Housing prices will continue falling to dramatically lower and more affordable levels meeting wages.

          San Luis Obispo, CA Housing Prices Crater 12% YOY As Central Coast California Borrowers Default

          https://www.movoto.com/san-luis-obispo-ca/market-trends/

          1. “Housing prices will continue falling to dramatically lower and more affordable levels meeting wages.”

            This important question is not what will happen but when. Housing prices haven’t reverted back to the historical mean relative to wages in many places for over 20 years. Bubbles, while normally short-lived, can be persistent and protracted. Anyone who bet against the current bubble was sorely disappointed. Of course, at some point it will be the right bet. But when is the question.

          2. Anyone who bet against the current bubble was sorely disappointed

            I don’t think so. Anyone who decided not to play housing as a get rich game, gambling inordinate sums of money they hadn’t yet earned is far from disappointed.

        3. Inflation is always a monetary phenomenon. Prices soar because money supply rises massively above real output and real money demand.“

          yep

  6. What sad is this person is asking for permission to do anything and everything instead of thinking for themselves.

    The perfect ‘Murican.

  8. Hand said, ‘There’s talk about a ‘housing bubble’ but the factors just aren’t there; this is not 2008. What happened then is not going to happen in 2021.’”

    Realtors were whistling past the graveyard in 2007, too. Their denials of a housing bubble bust are as implausible as Yellen the Felon claiming inflation will fall back to 2% by the 2nd half of 2022, which is one lie on top of another – real inflation has been running much hotter than 2% for at least the past decade, and hyperinflation is on the way. #FJB

  9. Amid attempts to offload its properties nationwide and increase cash flow, Chinese developer Oceanwide is marketing its development site at 80 South St. for sale at $190M less than the $390M it paid in 2016.

    Any prospective buyer should take a good luck at the homeless encampments on the surrounding sidewalks, and read the writing on the wall. California is finished.

      1. The homeless camps in CA are so big, you can see them from NYC tall buildings. That’s my story & I’m sticking to it.

  10. ‘They weren’t able to find a lender that was willing to accept 20 percent down, which seems kind of crazy to me considering there’s condos that are small condos that actually sell with financing about the same size,’ he said.”

    The latter claim is un-possible. I have it on good authority – every REIC troll who oozes on to the HBB – that such loose lending is a thing of the past.

  11. The truly great artists are never recognized in their own time. /sarc

    Meager turnout marks second day of Hunter Biden’s NYC art show

    https://nypost.com/2021/10/24/meager-turnout-marks-second-day-of-hunter-biden-nyc-art-show/

    A mere three potential buyers looked over Hunter Biden’s pricey paintings during Day 2 of his New York City show on Sunday — as the gallery owner said he’s unsure whether he’ll throw a party to celebrate the novice artist and presidential scion.

    Several would-be viewers were also denied admission to the Georges Berges Gallery in Soho amid the admittedly soft launch of Biden’s Big Apple exhibition, which followed a controversial Los Angeles opening attended by guestsincluding Mayor Eric Garcetti, his dad’s nominee for ambassador to India.

  14. “ Some would argue that with a hot market [ratio limits] might mean some people are disadvantaged and cannot get the property that they want,’ she said, but it also meant home buyers might consider a home more within their budget, which could help cool the market overall.””

    “Some people are ‘disadvantaged’ because they cannot get the property they want.”

    Imagine that!
    A new victim class.

      1. “Want in one hand and sh!t in the other and see which fills up quicker”

        That you Dad?

        To be totally honest, my old man would say wish and spit.

    1. 5000 subs 3 Million views…………When my father passed on ’06 we knew he was in the 102nd airborne, but he never talked about the war, never attended any veterans lodges, or parades, nothing, We found his uniform tucked away in the corner closet and a 102nd company book with his picture. Thats it……so instead of focusing on the past he focused on the now , he really was interested in what we were doing.

  17. This song brings back memories of summertime and being a teenager in the 70s. Nicely tanned girls with long hair wearing cutoff jean shorts and sleeveless tops. Looking back it truly was a magical time to come of age.

    Not to mention Messina’s eyes reminded me of those four finger an ounce bags of gold pot that could be had by anyone with $40 🙂

    Loggins And Messina – Thinking of You

    https://youtu.be/a-I7lIFQ5s8

          1. Now there is some music! I honestly don’t know who is more, um, effeminate, Boy George or Kenny Loggins.

        3. “OK boomer!”

          I was mistaken, I turned 20 in October 1980 not 1979 but I am still a boomer.

          Also a former full athletic scholarship football player, construction worker, business owner since 1991, tax payer and matcher of SS benefits of employees, father, little league coach of ten years and the son of a WWII vet,

          So I’ll speak to you from your 1980s playlist…

          https://youtu.be/46V2uwuQZmY?t=40

  18. Today is Monday, October 25th and Joe Biden is not the legitimately elected president of the United States.

    The 2020 election was stolen.

  19. Is the climate focus of your investment strategy leading you to miss out on the oil and gas rally?

    3. The Financial Times
      Markets Briefing Oil
      US oil hits $85 a barrel as demand keeps ticking up
      Big Silicon Valley groups including Facebook and Apple to release earnings figures this week
      An oil tanker anchored in New York
      West Texas Intermediate topped $85 a barrel on Monday for the first time since 2014
      © REUTERS
      Harriet Clarfelt in London and Derek Brower and Nicholas Megaw in New York
      42 minutes ago

      US oil prices rose above $85 a barrel on Monday for the first time in seven years, as traders bet that crude supplies would not keep pace with fast-rising global demand and analysts said a wider energy crunch was spreading to petroleum markets.

      The latest price surge came as Goldman Sachs estimated that global oil demand had now almost entirely recovered from last year’s coronavirus-induced collapse and would “shortly” hit its pre-pandemic peak of 100m barrels a day, as Asian economies rebounded from a wave of Delta variant infections.

      The bank said soaring natural gas prices in Asia were also pushing consumers to buy more oil for use in power generation — an unexpected outcome of the energy crunch that was adding at least 1m barrels a day to global demand.
      …

  20. Huh, all you need is some “Education And Counseling” then you’ll be “feeling comfortable in getting vaccinated,”

    What’s wrong with that?

    Although I’m bigger than the average Bear so I may require some cattle prodding to go along with my “Education And Counseling” before I would become “comfortable in getting vaccinated,”

    CDC Director: Unvaccinated Police, Government Workers To Be Sent For “Education And Counseling”

    by Steve Watson
    October 25th 2021, 7:08 am

    “There is a plan, should these people not want to be vaccinated”

    “What we know from the police workforce is there have been more deaths from the coronavirus over the last year and a half than all other causes of death for that workforce combined,” she claimed, adding “So we believe it is very important to get these people vaccinated.”

    Then came the kicker.

    “There is a plan, should these people not want to be vaccinated, towards education and counseling to get people the information they need so that they are feeling comfortable in getting vaccinated,” Walensky declared.

    https://www.infowars.com/posts/cdc-director-unvaccinated-police-government-workers-to-be-sent-for-education-and-counseling/

    1. What a conundrum! Get the death/clot shot or or lose you sweet job and the even juicier pension that goes with it.

    2. What a bunch of lying creeps. These bastards know darn well that a excessive amount of death and injury is being caused by these vaccines.
      They have no right to deceive the Public and not pull this lab rat expierment from the market. How can they even rationalize continuing with this failure dangerous product called vaccines. Seriously , these people are dangerous and fail to protect the Public from undeserved harm.

      1. How can they even rationalize continuing with this failure

        Consider that it’s not a failure at all. They have succeeded at getting the majority of people in a state of blind and illogical obedience. Success!

        Not saying things will end well for them though.

    1. I spent over $50 yesterday on two small bags of groceries.

      The Pedo Joe administration literally wants people to starve to death while shivering in the dark this winter.

      1. No doubt the Agenda will be Medical Tyranny with booster shot after booster shot of junk injections.
        I use to think that these Entities had a profit and loot the Public motive in their actions. Now, because of the massive death, injury and destruction caused by these Innsurrectionist , who knows if they are trying to kill who they view as their opponents. Their major tool is fraud ,disinformation, brainwashing and fear mongering, and false narratives , and add bribery and threat of job loss to their tactics. Sounds like criminal psychopaths to me.
        For God Sakes, taking away a persons job is a serious assault on their survival and position earned in Society. Your suppose to play Russian roulette with expiermental vaccines or be rendered poverty stricken by lack of job, when you have kids to feed and bills to pay.
        So, my Government has been hijacked by Entities that have a very bad agenda that is anti populations of people . They got to be stopped, but Government isn’t going to stop them.

        1. Here’s a blurb from a CNET article about mix-and-match boosters:

          “A member of the CDC’s committee also pointed out at the meeting that allowing mixed boosters could lead to fewer vaccine doses being wasted, if health care providers only have to open one bottle of vaccine for patients in the waiting room, for example.”

          In other words, people getting boosters don’t even get to choose which booster shot to get. No thanks. I’ll go to the effort to get the shot I prefer.

        2. CDC is a non government non profit.
          Why are we ceding power to it?

          “Established by Congress as an independent, nonprofit organization, the CDC Foundation is the sole entity authorized by Congress to mobilize philanthropic partners and private-sector resources to support CDC’s critical health protection mission.“

      2. ‘”At present, there is a wide gap in house allocation. Some people have dozens or even hundreds of houses, while some can’t even fulfill their basic housing requirements,” Jia said.’

        China sounds exactly like the US!

        1. I always wondered where all that sudden burst of inventory came from in fall 2008 in my area. I thought it was odd people would be dumping their residences en masse. But people dumping second homes would make more sense to me. Below is a paper from the Fed which bolsters that premise.

          Second-Home Buying and the Housing Boom and Bust
          Daniel Garcia
          May 3, 2019

          The record-high level of second-home buying (homeowners acquiring nonprimary residences) was a central feature of the 2000s housing boom.1 Bhutta (2015) shows that second-home buyers contributed more to aggregate mortgage debt during the boom years than did all first-time buyers.

          Second-home buyers were typically over-leveraged, and despite having middle to high income and credit scores, experienced higher default rates than average during the recession (Haughwout et al. (2011); Albanesi et al. (2017); Albanesi (2018)). The macroeconomic effects could have been sizable; Chinco and Mayer (2016) find that second-home buying significantly contributed to mispricing in housing during the boom years.

          However, their data covers only 21 US cities, and more comprehensive studies have so far been limited by lack of adequate data. This paper is the first to measure second-home buying based on property location with broad coverage of the US economy, by combining credit bureau data with mortgage servicing records. To estimate the effects of second-home buying on economic activity during the housing boom and bust, I use as an instrument the vacation share of housing from the 2000 census, to isolate the variation in second-home buying purely explained by differences in physical local amenity values versus other factors such as variation in housing market expectations. I find that localities with larger increases in second-home buying experienced a more pronounced boom and bust – stronger growth in house prices and construction employment from 2000 to 2006, and sharper declines in activity from 2006 to 2010.

          https://www.federalreserve.gov/econres/feds/files/2019029r1pap.pdf

    2. It’s hard to overstate the significance of China’s turn away from real estate as the central focus of its domestic economic strategy. If this forward thinking takes hold in the global economy, you can stick a pitchfork in the globalist housing bubble.

  24. Globalists are out to systematically marginalize and disenfranchise white males, replacing them with minimally-qualified – if that – minorities and females. That entails doing way with outmoded concepts like possessing actual competence and qualifications in the positions these diversity hires are assuming, and declaring enforcement of professional standards to be racist and sexist. Of course that’s going to result in numerous “critical points of failure,” but negligence is the new excellence. Forward!

    ‘Rust’ Chief Electrician Says Halyna Hutchins Death Was Result Of “Negligence And Unprofessionalism”

    https://deadline.com/2021/10/rust-serge-svetnoy-halyna-hutchins-alec-baldwin-negligence-unprofessionalism-1234861697/

    Serge Svetnoy, the gaffer, or chief electrician, on the set of Alec Baldwin’s Rust is laying the blame for the accidental shooting death of cinematographer Halyna Hutchins on the negligence of the film’s armorer and producers.

    In a scathing Facebook post yesterday, Svetnoy called out “the person who was supposed to check the weapon on the site did not do this; the person who had to announce that the loaded gun was on the site did not do this; the person who should have checked this weapon before bringing it to the set did not do it.”

    1. Seems like the “movie studio armorer” should be a well established and professional position considering how many films today involve sophisticated firearms.

  25. Ok, so its predicted that they are going to approve the vaccine for the 5 to 11 age group of children. Than they will mandate it to go to school . Than they will go after the baby to 5 year old group.
    What other choice will a parent have but to home school if they don’t want a experimental injection on their low risk for Covid children. Don’t know how effective exemptions requests will be.

    There are no words for how outrageous this assault on people and their children is.
    No amount of data, death or injury is going to stop these gangsters from whatever Dictorship they have planned.

    1. No amount of data, death or injury is going to stop these gangsters from whatever Dictorship they have planned.

      if you have the resources, move to a state that has a governor that is willing to try to protect you from the federal government (n. dakota, florida or texas).

      get involved in the voting process from dogcatcher on up. make sure you have true vetted conservatives at every level. then make sure you start to dismantle the local government’s ability to rig elections. work constantly towards honest elections and keep in mind that voting shouldn’t be easy. nothing worthwhile is easy.

      once you’re in power, get the legislature to pass laws that strengthen the states and weaken the federal government. the federal government is dangerous to every free citizen, and all their rights and property.

  26. Seriously, globalists? This is the best you could do?

    Whispering Joe repeats debunked claim his spending plan will cost nothing – and tells false Amtrak story for the SIXTH time

    https://www.dailymail.co.uk/news/article-10129603/Biden-repeats-debunked-claim-spending-plan-cost-nothing.html

    President Joe Biden on Monday pushed to get a deal done on his multi-trillion social spending plan before he heads for Europe later this week by repeating his debunked claim it costs nothing and painting the child tax credit as a ‘tax cut’ for the middle class.

    ‘We need to get this done,’ Biden said in remarks at the NJ Transit Meadowlands Maintenance Complex in Kearny, New Jersey.

  28. This one is very local.

    Colorado Sun — Denver suburbs look to address homelessness as more camps move south and community tension builds (10/25/2021):

    “The cities of Littleton, Englewood and Sheridan passed a homelessness action plan. Residents are regularly calling police to report homelessness.

    Littleton, Sheridan and Englewood joined together a few years ago to begin addressing the growing number of camps and confrontations between business owners and people who are homeless. The three cities now have an official homelessness action plan, and last week, leaders from the city of Littleton, the police department, the school district, the library, businesses, churches and nonprofits gathered for a panel discussion on homelessness that drew a crowd of nearly 200.”

    https://coloradosun.com/2021/10/25/homelessness-denver-suburbs/

    Two words: Fentanyl and Meth.

  29. I finally felt enough time has passed and the vaccine is proven safe and effective so I took the plunge. I’m now vaccinated against Shingles!

  34. What has been interesting to me all along is how in spite of China being ground zero for Covid, a year ago their Heath Authorities announced no need for mass vaccination of this highly populated Country.
    This didn’t stop China from producing vaccines for other Countries, while they bragged that their vaccines were better than Western vaccines.
    So, apparently China felt that the vaccination of health care workers was necessary only.
    Than of course in USA it was obvious that World news stopped at some point and it wasn’t relevant that China somehow contained a virus that the rest of the World could not.
    Now reports are coming out that China has some Covid outbreaks in some of their big Cities.
    The evidence has confirmed that lockdowns don’t contain the virus , but we are somehow to believe that China somehow avoided this airborne virus and didn’t have a problem , but now after two years they have some outbreaks.
    Remember how effective the footage was two years ago of China people collapsing in the streets from a virus , and the apparent break out of something they were trying to cover up.
    Well, now after two years , I can’t help but think that the circulation of the original fear mongering is starting up again.
    It is relevant what the response to Covid by China was and how quickly they got into production mode again , while the rest of the World went into global Pandemic lockdown and vaccine mode.
    And, it apparent that China isn’t subject to global warming , or any of the other narratives that require the extreme changes being forced by Governments.
    In other word, China is the control group that proves that the global Pandemic was contrived to bring on a new Dictorship.
    So, something is coming soon to the US soon I predict that involves the next round of crisis in the never ending chain of insanity of population control and mandates and loss of choice.
    50 thousand came out in protest in NYC against vaccine mandates, but that wasn’t very newsworthy to our censored news.
    They aren’t going to televise the Revolution , or dispute to the Medical Tyranny. But, talking heads calling for the unvaccinated to be deprived of food if they don’t take the shot, while children are targeted for the vaccine now, while millions of people are going to lose their job if they don’t comply with vaccine mandates.
    So, I do feel threatened by what comes next because I won’t take that vaccine. I’m already banned from many activities where only the vaccinated are allowed to engage in here in California. If they take food or bring on the isolation camps as they fraudulently declare that Covid is caused by the unvaccinated , than I have to cross that bridge if it comes.
    Just saying this isn’t about public health, its about a takeover of US and other Countries by the worse Dictorship of killer psychopaths one could imagine.
    The Majority did not vote for this , so its a criminal invasion.
    If you believe Claus Schwab, they want you to have nothing and like it, if you even survive their assaults that is.

    1. effective the footage was two years ago of China people collapsing in the streets

      Footage of people being shoved into truck mounted steel boxes. Stories of doors being welded shut. Real Pandemic scare theater.

      Their partners in the US and other places joined the Scream Theater, Fauci et al and the socialist media. Judge a tree by it’s fruit and a propaganda machine by the results. I think the fruit has been the advancement of authoritarianism. I think the fruit was to push DJT and the rest of us to the side (no coincidence on the timing). Add this to everything else you bring up regularly. The fruit is bitter.

      1. I saw George Carlin maybe a couple years before he died in Las Vegas. Some people starting walking out of his performance because he was really pushing the envelope on truth.

        1. @Housing Wizard
          Just like my house. If I start even mildly talking about this stuff (vax/NWO) my husband and daughter both freak out. She and I were away in NY for a week. It was okay considering we were pretty much not talking to each other since she got the J&J shot. I would not have been as upset if she had just told me instead of evading my questions for weeks. Wouldn’t have been happy either way, but that really p!ssed me off.

          Cousin we visited said her friends of 40 years wouldn’t be in her presence unless she was vaccinated. I was shocked.

          1. I was shocked.

            The media is convincing people that the unvaxxed are an evil threat to them and should be punished, banished and hurt bad.

            I guess their vax isn’t all that good at protecting them. Logic has been displaced.

  35. The Roman Empire in the First Century/Slaves and Freemen
    https://www.pbs.org/empires/romans/empire/slaves_freemen.html
    Slaves worked everywhere – in private households, in mines and factories, and on farms. They also worked for city governments on engineering projects such as roads, aqueducts and buildings. As a result, they merged easily into the population.

    In fact, slaves looked so similar to Roman citizens that the Senate once considered a plan to make them wear special clothing so that they could be identified at a glance. The idea was rejected because the Senate feared that, if slaves saw how many of them were working in Rome, they might be tempted to join forces and rebel.

  36. BlueSkye,
    They got to be stopped , because I don’t like the World they plan for people, and I’m thinking now that depopulation is part of their overall plan eventually.
    As you know , I gave them the benefit of doubt at first that they were trying to contain a novel virus.
    I even wore gloves for a while, and I must of looked really dumb .
    But, the whole Story started to break down for me by April of 2020 after I went into study mode and nothing made sense.
    The Story now for me is how to stop this invasion of the USA by the psychopathic killers that have captured Government, regulatory agencies, the White House, etc .

    1. The story broke down for me when I researched the PCR test, what techniques were involved and its history. I had done related lab work as a student assisting a professor’s research in College. An hundred other shoes have dropped since.

      I am confident that we will stop them and I’ve planted like minded children of mine in the population. My father and uncles fought a bloody war to protect freedoms that I will not relinquish.

      1. Well, I hope your confidence proves to be right.
        I’m a little surprised that they have gotten as far as they have so far .

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