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Some Owners Selling Their Homes In Desperation

A report from Nerd Wallet. “On average, list prices fell 1% from the third quarter to the fourth, among the largest metro areas. However, some markets saw prices drop by double digits. Compared with the last quarter of 2020, prices fell double digits in 11 metro areas, with Detroit (-17%), Milwaukee (-15%), Los Angeles (-15%) and Pittsburgh (-15%) seeing the biggest drops.”

From Socket Site in California. “The sleek 653-square-foot unit #507 in the Rowan building at 338 Potrero Avenue features a wall of floor-to-ceiling windows with a Juliette balcony and city views. Purchased for $813,000 in October of 2017, the one-bedroom-plus unit has just been listed for ‘$695,000,’ a sale at which would represent a 14.5 percent drop in value for the unit since fourth quarter of 2017 on an apples-to-apples basis.”

From CBS Denver in Colorado. “In the last year, more than one third of all HOA foreclosure notices filed in Denver happened in Green Valley Ranch. There was no shortage of stories about people losing their homes to foreclosure after failing to pay fines levied against them by their HOA. ‘I’m homeless. I’ve never been late. This is what a citizen gets!’ exclaimed one woman.”

“Neighbors were able to speak with Denver City Councilwoman Stacie Gilmore about what they can do to save their homes from judicial foreclosure, and they gave her an earful. ‘A lot of our rights have been violated,’ Terry Meeks, a neighbor, told her. Meeks says she too has been getting an excessive number of fines from the HOA. Initially she paid them, but they kept showing up. She tried to ask why, but she says got the runaround from the board.”

“‘We would get all different type of answers. ‘They’re going to look into it. They’ve been resolved.’ Everything from not even being notified of violations and then you turn around and you have $3,000 or $4,000 fines. Then from $2,000 fines to right now $17,000 in fines,’ she said. She and many others think someone wants them out of their homes because of their race and the value of their homes. ‘It’s like another form of gentrification,’ she said.”

The Calgary Herald in Canada. “The 3,305 transactions last month were such a surprise even the Calgary Real Estate Board did not at first realize an all-time record had been set. ‘We just don’t typically see this activity at this time of year,’ says Ann-Marie Lurie, chief economist with the Calgary Real Estate Board. The previous record, set in March 2007, was 3,259 sales. ‘The other thing is there was a surge in listings, so we saw new listings also hit a record,’ Lurie notes. New listings increased more than 62 per cent, year over year, in February to reach 4,652.”

From Stuff New Zealand. “Andrew Harley and Bec Whitley are among the thousands who decided to try their hand at real estate during the housing price boom and now face a market downturn. Harley left behind a job as a business development manager for a fleet management company and Whitley used to be a teacher. Both are happy with the move, but say making sales has become harder since last year and both are bracing for a bumpier road ahead. They aren’t alone – Real Estate Authority data shows about 5000 people joined or returned to the real estate workforce in the last two years.”

“Harley, 42, says until recently all agents had to do was put out a sign and they would receive offers, but a slowing market requires sales skills and the ability to find a price buyers and sellers can agree on. Bec Whitley experienced the shift firsthand. ‘It was just crazy the last few months of last year, and more recently it’s definitely slowed down a bit,’ she says.”

“Martin Cooper owns 17 Harcourts franchises in north-west Auckland and the North Shore. Cooper expects the headwinds for the market to continue. ‘What we are seeing is a lack of FOMO from the buyers now.'”

The South China Morning Post. “Hong Kong’s home prices could drop 10 per cent in the first half, as the city’s worsening Covid-19 outbreak caused the first three months to be a washout for property sales, forcing analysts to reverse their forecasts. ‘With more projects competing for buyers in the second half, builders have to price their new projects at attractive prices to drum up sales,’ said Albert Wong, an honorary consultant at AA Horses Mortgage Brokerage Services, predicting home prices to tumble by up to 10 per cent in the first half of the year. ‘This will add further pressure to downward price adjustments.'”

“‘Owners who bought homes two or three years ago will sit on a paper loss, as home prices have retreated to the level of 2018,’ said Wong, a former deputy chairman of the real estate company Midland Holdings. He said home prices have been driven to unreasonable levels by the high selling prices of tiny flats in the past two years. Joseph Tsang, chairman of JLL Hong Kong, said some owners were selling their homes in desperation, worried that the escalation in infections may harm buying confidence.”

From News.com.au. “Mortgage holders have been dreading the day the Reserve Bank of Australia hikes up interest rates but they are underestimating how quickly it will rise – once the floodgate opens, an expert has warned.Back in February, the RBA assured Australians that it would be at least another six months before they lifted rates, saying they would need to see two more quarterly inflation reports. But last week, RBA governor Philip Lowe conceded  that inflationary issues sparked by the Ukraine-Russia crisis could force him to bring up Australia’s interest rate much earlier than planned.”

“And now financial services group executive of comparison site Canstar, Steve Mickenbecker, believes that the main issue won’t be that interest rates have risen – it’s that once they do rise, they will continue to rise in quick succession. ‘An increase of 0.15 or 0.25 per cent doesn’t add much [to a mortgage],’ Mr Mickenbecker told news.com.au. ‘What people have to remember though is when the Reserve Bank moves [the cash rate] from the bottom, history shows there are usually six or eight increases within 18 months or two years. That puts a serious increase on your home loan repayment.'”

“The last time the RBA hiked up rates was in 2010. It has only been going down ever since. The official cash rate has been at a record low of 0.1 per cent since November 2020 in response to the Covid-19 pandemic but it is expected to jump by 1 per cent by the end of this year and hit 1.25 per cent next year. Although a 1 per cent rise sounds like a tiny amount, it could add hundreds or even thousands of dollars extra every month for the average Australian mortgage.”

“Mr Mickenbecker estimates that in the last half of 2023, the cash rate will hit 1.75 per cent, meaning the current average home loan rate of 2.95 per cent will jump accordingly to 4.72 per cent by then. Canstar analysis shows that for the past year and a bit, a borrower with a $1 million home loan has been paying $4189 every month, or $50,268 per year. If the cash rate rose in line with the Commonwealth Bank’s forecast and the average variable rate increased accordingly, their repayments could reach as high as $4822 in the next several years.In a 12 month span, a mortgage holder would have to fork out $57,864 – a difference of $7600.”

“That could spell disaster for an estimated one million Australian property owners who have never lived through a rate hike before as they have only recently entered the market during the turbocharged real estate year of 2022.”

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This Post Has 115 Comments

  2. ‘That could spell disaster for an estimated one million Australian property owners who have never lived through a rate hike before as they have only recently entered the market during the turbocharged real estate year of 2022’

    This is an interesting statistic.

    ‘last week, RBA governor Philip Lowe conceded that inflationary issues sparked by the Ukraine-Russia crisis could force him to bring up Australia’s interest rate much earlier than planned’

    Yep, he’s gonna break it off in a million shack loan owners a$$, but it cuz Ukranistan! Not all the money these idiots printed for 20 years or more.

    2. inflationary issues sparked by the Ukraine-Russia crisis

      These fockheads are so full of sh!t. Nobody believes them at all. They’re an embarrassment to the human race.

    1. Keep in mind that the foreclosure was not due to actions of us wonderful bankers but instead was due to the actions of members of the ruling HOA.

      Think of it: A buyer willingly commits one’s future to the unregulated decisions of strangers, some who may possibly be power hungry psychopaths.

      There are all sorts of rules that regulate the behavior of lenders but these rules do not apply to HOAs.

      Ah, the power! I like it.

      😁

      1. It’s a strange story. Recall the HOA foreclosures in Florida last decade. People would bid for them, rent em out and collect even though the real lender foreclosures hadn’t been extinguished. I’m not sure where this is going. Are the lenders just out of luck like some articles have said? I doubt that. How can you wipe out hundreds of thousand$ with a $10,000 lien?

        1. Whenever the first mortgage holder gets around to foreclosing, it then owns the property. Until then, the subordinate positions can foreclose and temporarily “own” the property.

          I guarantee these people being foreclosed haven’t paid their HOA dues in 24 months. And of course it’s because of racism.

          1. Don’t these residents have the option to fight the foreclosure in court? I notice that folks like to talk a good game, but they don’t want to bring it to court because they know they can’t back up their claims.

          2. “Don’t these residents have the option to fight the foreclosure in court?”

            In some states the HOA has to sue to foreclose, in others it doesn’t. But in either case the FB could fight the process in court. But that would cost money, which they obviously don’t have.

      2. I used to attend board meetings in my co-op building in NYC. Mixed group of owners and holdout tenants (the latter hostile as hell.) Five minutes in and I thought my head was going to explode.

        1. Same here. When I lived in NYC my gf at the time owned a condo where there had been an embezzlement of funds by one of the board members. There was a totally raucous meeting about it, without even a moderator to get people to take turns speaking, just everyone yelling at everyone else.

          1. 👍🏻 I watched “Only Murders In The Building” and the tenants’ meeting scene gave me the willies, remembering all that.

  4. ‘The other thing is there was a surge in listings, so we saw new listings also hit a record,’ Lurie notes. New listings increased more than 62 per cent, year over year’

    We’ve seen this quietly mentioned by the REIC. Places where the queen is on the money are suddenly swamped with shacks for sale.

    It can only mean one thing: Harry Potter.

    1. Once sellers get over the shock that the market has turned against them and realize they have to reduce their prices if they want to sell, it could actually work out in favor of generating more sales. Maybe used home sellers will soon get past the Glengarry Glen Ross market they currently face.

  5. “A world that has been awash with free money under central bank policies to stem the full financial impact of 2008 and the Covid crisis looks more than a little vulnerable given how asset prices have been inflated and how debt levels have risen to new records.”

    Patrick Jenkins,
    Financial Times writer

    1. ‘The last time the RBA hiked up rates was in 2010. It has only been going down ever since’

      Could there be a downside?

      1. Nothing but rainbows and lollipops when it comes to falling prices.

        Remember…. as a noted economist stated so eloquently, “Nothing accelerates the economy and creates jobs like falling prices to dramatically lower and more affordable levels. Nothing.”

        He’s right.

        Anacortes, WA Housing Prices Crater 14% As Seattle And Vancouver, BC Subprime Mortgage Meltdown Accelerates

        https://www.movoto.com/wa/98221/market-trends/

    2. He succinctly captured the Hobson’s choice central bankers face between ever-spiraling inflation and normalized, market-based long-term interest rates.

      1. The SinoRussian alliance strikes back? I read that Ford will be shipping Explorers missing some non crucial parts, which will be installed up to a year later by the dealership.

        Maybe our Russian boycott would work better if we made our own stuff.

        1. It’s scary how much we are at the mercy of other countries for basically everything. And yet two years into this I haven’t heard any of our leaders actually doing anything about it.

      2. Wow, you had me scared for a moment. I just sent off an order last week to JLCPCB for v2 of my PCB design. Luckily I see on their website that they’re unaffected by the shutdown. I wouldn’t want the prototyping of my billion dollar product to be held up by some dumb fake virus.

        Oh, and lest I be accused of being a CCP sell-out, I also sent the same order to Oshpark. They’re based in Oregon but Idk where their fab is located.

  8. ‘Jason Menta didn’t know much about investing when he purchased stocks last year. He worked as a car salesman outside of Montreal, and amid the doldrums of the pandemic, opened a trading account with Wealthsimple.’

    ‘In late January, shares in struggling theatre chain AMC Entertainment Holdings Inc. skyrocketed, caught up in the emerging meme-stock frenzy. Mr. Menta took notice, joined a Reddit board devoted to AMC and bought in. First, he purchased $10,000 worth of shares and followed it up with another $10,000. He held on even as shares ballooned sixfold a few months later and only sold his stake when he decided to switch brokers. Mr. Menta pocketed about $25,000 in profit, but he invested another $60,000 back into AMC. It’s still his largest holding and he’s down about $20,000. He contends it will bounce back. “We’re on the right path now,” he says.’

    ‘Mr. Menta in Montreal, meanwhile, knows he’s had a wild ride with AMC, but he draws conviction from the wider community of investors. “We win all or we lose all. That’s really the mentality right now. And it’s crazy. It’s completely nuts,” he says. Mr. Menta became so enamoured with buying and selling stocks that he quit his job selling Subarus to day trade full-time. He misses interacting with other people, though, and is now pursuing a mortgage broker’s licence.’

    ‘He says he believes a squeeze is coming for AMC and closely watches the short interest on the stock. Some fatigue is starting to set in, though. “I can’t wait for it to be over,” he says. The volatility can be exhausting. Mr. Menta says he’s learned to manage stress – he goes to the gym, he runs, he meditates – all while longing for some kind of resolution.’

    ‘He could, of course, sell now. But that’s not an option: “I’ve held for too long to sell.”

    https://www.theglobeandmail.com/investing/markets/inside-the-market/article-they-invested-in-gamestop-but-these-meme-stock-fans-kept-going-after/

    1. “We win all or we lose all. That’s really the mentality right now. And it’s crazy. It’s completely nuts,”

      At least Menta figured out he got caught up in a mania.

    2. “We win all or we lose all. That’s really the mentality right now. And it’s crazy. It’s completely nuts,”

      Note: He is fully aware of this insane situation but nevertheless this incredibly stupid totally dumbed-down ignorant puke is totally committed to playing the game.

      What a dummy.

    3. He’s a DebtDonkey….. a financial basket case. A degenerate gambler….. a complete trainwreck.

  12. “Compared with the last quarter of 2020, prices fell double digits in 11 metro areas, with Detroit (-17%), Milwaukee (-15%), Los Angeles (-15%) and Pittsburgh (-15%) seeing the biggest drops.”

    The used home sellers thus far had been doing a good job of hiding recent price declines.

    What went wrong!?

    1. Nuthin’ went wrong. Plan A is working out just as it should.

      Plan A:

      1. First thIng is to properly prep them by totally dumbing them down.

      2.Then suck ’em in,

      3. Then shake ’em out.

        1. 4. Then hope and pray (like a welfare leech) for a bailout from Big Daddy.
          The laws may have changed since I left, but last I knew, Any loan, non Fraud, that was sold to Fannie/Freddie, that is more than 2 years old, will not need to be repurchased. This is a big change and should help the Banks immensely. Because, in 2014 I was seeing loans my TBTF bank made 2001 having to be repurchased for of all things, “faulty underwriting”, and it was not fraud related.

    1. Largely ignored, but Trudeau did a test run on this tactic against Canadians just a few weeks ago, against people who had not been charged with a crime or been before a judge.

      Globalists have no regard for our laws.

      1. No regard for your laws, no regard for your property, no regard for your bodily autonomy.

        As I posted yesterday, these globalists will never see you as anything more than cattle.

        The Day Of The Rope is coming…

    2. “If Russian oligarchs’ property rights can be invalidated at the stroke of a pen, don’t think your’s are safe.”

      Agree completely. This gets right down to the heart of the problem. People, through propaganda, are neatly split into groups (e.g. Democrat/Republican, Quackccinated/un-quackccinated, Russian/Virtuous) and subsequently argue over who should wield the sword of government.

      But the idea that a group of people called voting citizens can confer rights which they themselves do not have (in this case theft) to another person or group of people called “politicians” is absolutely immoral. Eventually the group you don’t like, and who doesn’t like you, is going to wrest the sword of “authority” away and use it against you.

      Better that we all have the natural law rights we are born into and live how we want, rather than make up artificial “mob rule” laws as we go along along forcing people to act in the way we think they should and being coerced (under the threat of violence) into behaving in ways that go against our consciences.

    3. Actually, it looks like the oligarch’s property rights were being enforced and the squatters were being evicted.

      1. That’s what I was going to say, but then tomorrow’s headline will probably be “UK govt seizes oligarchs’ properties”

      2. I don’t believe they’re are seizing title ownership of the oligarch’s property, but clearly they’re denying their use of said properties as part of the sanctions program.

  15. Mormon archivists have revealed that the Golden Plates that allegedly revealed the Book of Mormon to Joseph Smith in 1820 actually said, “Realtors are liars.”

    1. There is no truth to the myth that the Rosetta Stone declared, in three languages, that realtors are liars. What it actually stated was bankers will forever rule.

    2. The Plates also revealed that the path to easy riches is through MLM schemes selling scented candles and nutritional supplements. If you live in Utah or Idaho, you would know this is true.

  17. QQQ Technicals

    20 day SMA below 50 day SMA
    50 day SMA bellow 200 day SMA
    20d, 50d, and 200d SMA’s all declining

    SPY technicals will likely be the same sometime next week.

    1. It looks like whoever owns it was trying to sell it, didn’t sell it, and is now trying to make some money off renting it out.

      1. I saw that. This is an okay neighborhood, and I think places have sold for $600K lately, but both figures are crazy.

      1. It’s nuts. We pay 1/3 of that, and that’s too much for this rental. Some places here are luxuriously renovated and are quite nice, but still…

    3. “Who would pay that to live here when there are far better areas?”

      I for one wouldn’t pay $5,800/mo to live next to Tiger Woods. I’ll even do you one better, I wouldn’t pay $5,800/mo to live next to Tiger Woods ex-wife. 🙂

  20. New Delhi, India may take up a Russian offer to buy crude oil and other commodities at a discount, two Indian officials said, in a sign that Delhi wants to keep its key trading partner on board despite Western attempts to isolate Moscow through sanctions.

    Who could have seen it coming? I guess “cancelling” Russia is harder than we thought.

    1. Russia is winning.

      Your Reddit “karma score” does not win the war, Russia wins the war.

      Your Twitter Blue Checkmark does not win the war, Russia wins the war.

      NPC image file courtesy of 4chan:

      https://ibb.co/mN4p9xJ

      1. In the news: NATO member Estonia, which has no fighter jets, wants NATO to establish a no fly zone over Ukraine.

        Now, I understand why the former Estonian Soviet Socialist Republic might be getting a bit nervous, wondering if the rest of NATO will actually risk destruction protecting it from an invading Russian army, but those are the breaks, I guess.

    2. “New Delhi, India may take up a Russian offer to buy crude oil and other commodities at a discount, two Indian officials said, in a sign that Delhi wants to keep its key trading partner on board despite Western attempts to isolate Moscow through sanctions.”

      Time to cancel all of the H1B visas en mass.

      1. Might as well send some kids home from college at the same time.

        It’s sad about India. They were aligned with the US just a couple of years ago. Something changed in DC.

  21. so many new business are only after government cheese (i.e. subsidies). Just saw a new example – this does not work without both government mandates/laws and funding. Ithica is going to lose – unless NYstate and the Feds provide funding.

    If it worked, REITs and corps would do this automatically without their new fangled help.


    BlocPower is a Brooklyn-based start-up that has “greened” more than 1,200 buildings in New York City and has similar projects in two dozen other cities.

    In a basement amid old wiring, ancient boilers and carbon-emitting gas lines, BlocPower CEO Donnel Baird said, “We look at this and [see] a great opportunity to save the planet and make a little bit of money by focusing on what’s down here.”

    “We’re going to decrease the amount of oil and gas and fossil fuels that these buildings consume, decrease the amount of emissions that are created,” Baird said. “We’re going to save the building owners money, and hey, you’re actually going to make 10% financial returns by investing in these buildings.”

    The company is behind the first plan by a U.S. city — Ithaca, New York — to be entirely net zero by 2030. It’s starting with the city’s building stock.

    Early BlocPower backers included Andreessen Horowitz, Exelon, American Family Insurance, the Schmidt Family Foundation, Goldman Sachs Urban Investment, Kapor Capital and Salesforce. Then in January it got a big debt infusion from Microsoft, bringing its total funding to about $100 billion. It also just got a $5 million grant from the Bezos Earth Fund to digitally map about 125 million buildings across America so that each one of those buildings will have a free plan for how to become environmentally sustainable.

    1. the first plan by a U.S. city — Ithaca, New York

      Ithaca is a special kind of stupid.

      Then in January it got a big debt infusion from Microsoft

    1. Here’s the revised PC headline (I was shocked they had Black in the original headline, probably for all of 5 minutes):

      Man, 42, is charged with attempted murder as a hate crime for punching 67-year-old Asian woman 125 times and stomping on her in NYC suburb

    2. There seems to be no shortage of video footage showing young black males brutally beating elderly Asian women in NYC.

      Why are these people so hateful towards what appear to be harmless, innocent strangers?

      1. These yella-fellas demonstrate perseverance whether it’s performing the lowest of low or the pinnacle of technology. In addition, their history of oppression and slavery likely eclipses anything the Blacks have to offer. And they honor family structure.

  23. “There was no shortage of stories about people losing their homes to foreclosure after failing to pay fines levied against them by their HOA.”

    Am I mistaken or aren’t HOA boards comprised of people living in your neighborhood? Like next door? Who you see? Walking? At night? Alone?

    1. “According to The Journal’s poll, 46% of Hispanic voters said they would “probably or definitely” vote for a Republican candidate for Congress over a Democrat, while Black voters who favored Democrats have dwindled by more than a third.”

      50 basis point rate hike coming up!

  25. Well this is rich: “Woke” company Amazon – headed by globalist oligarch & WaPo owner Jeff Bezos, who has funded BLM and all manner of similar groups – is now discovering socialist utopias aren’t all they’re cracked up to be. Gosh, hope this doesn’t hurt Seattle shack prices.

    Amazon will move 1,800 workers from downtown Seattle offices because of rampant crime in woke bastion where City Council has cut police budget by $36million since 2019

    https://www.dailymail.co.uk/news/article-10611413/Amazon-1-800-workers-downtown-Seattle-offices-rampant-crime.html

  27. It had three small rooms just another shanty anyways.
    She was out shopping houses with a realtor on a saturday.
    And at dinner time she signed a contract on a shack in suburban DC.
    The realtor hollered Hey theres no need to stamp your little feet.
    Then he said I got some news this morning from Rocket Mortgage.
    Today you’re deep in mortgage debt so go and jump from the nearest bridge.

    https://youtu.be/nv33eaygVDQ
    Bobby Gentry – Ode to Billy Joe

    Falmouth, ME Housing Prices Crater 21% YOY As The Long Flatulent Sound Of Toxic Gas Escapes From Housing Bubble

    https://www.movoto.com/falmouth-me/market-trends/

  28. “Young Denver couple diagnosed with stage 4 colon cancer within 6 months of each other”

    I wonder what are the odds of that happening. I can’t help but wonder if maybe they got a little “boost”.

    1. Just saw a story a few minutes ago about a forty year-old with colon cancer on the local 10 o’clock news,

      1. The sad thing is the couple have a young child, and both now have stage 4 cancer, which means they’re goners (story on the 9 News website)

      2. Good 👍🏻 I have mentioned my surgeon who appears to not like me anymore since I laughed at her solemn advice to get vaxxed. (I make friends everywhere I go 🙄) She said she’d give me a referral for a test – after three weeks and three calls, still no orders or response. Don’t know if it’s incompetence or pettiness. Maybe I’ve been cut loose. Oh, well.

        1. The best part: her telling me the mRNA isn’t reverse transcribed and me telling her there’s a paper showing it is in liver cells.

          1. It’s pretty shocking what they don’t know. Doesn’t cut back on their arrogance though (and, of course, all of them aren’t, just the inhuman ones.)

          2. When I saw the explanation on how it “works”, sometime in later 2020, I was horrified.

            And to think that some people won’t eat something unless it’s organic and certified non -gmo, yet they will happily agree to be injected with this stuff.

          3. And to think that some people

            Some people do not think. It isn’t easy! They listen. Listen to Voices of Authority and to the chatter of their feel-safe conversation groups. This is why controlling the narrative is so powerful. Censorship is necessary, and voices in the wilderness must be silenced.

    1. This is small change to the fed who likely has some program being funded shortly to deal with Russian divestment.

    1. Mad Money
      Cramer says stocks may bottom sooner than expected because Wall Street is so negative
      Published Mon, Mar 14 2022
      6:17 PM EDT
      Updated 5 Hours Ago
      Krystal Hur
      WATCH LIVE
      Key Points
      — “Because sentiment is already so negative, that bottom could come sooner than you’d think,” Cramer said.
      — This week, investors are also watching for the Federal Reserve’s expected announcement of a quarter-percentage-point rate hike after its two-day meeting concluding Wednesday.
      …
      https://www.cnbc.com/2022/03/14/cramer-says-stocks-may-bottom-sooner-than-expected-because-wall-street-is-so-negative.html

  31. Steve Harrigan Returns From Ukraine With a Somber Message About the Situation

    Fox News correspondent Steve Harrigan returns from Ukraine with a somber message about the situation and likely future. Harrigan notes that Russian victory in Ukraine is a foregone conclusion – Ukraine will be flattened if needed. However, that outcome comes at a serious cost.

    The war inside Ukraine will wage on for years as an insurgency against Vladimir Putin. The western alliance will spend trillions if needed. NATO will kill as many Ukrainians and mercenary units as needed in order to battle Vladimir Putin in a proxy war. The industrial war machine will gleefully churn out the material needed for the DC based political war machine to purchase. First, WATCH:

    Harrigan is correct, however, he missed the biggest tell-tale sign of all. Where are the peacekeepers? Where are the diplomatic voices, the ranks of the prudent and pragmatic political voices who focus on stopping the death? Where are those voices? Where is the faith-based voice asking for leaders to stop, breathe, meet and seek a solution without further war?

    Those voices are silent because the western motive is to create a long-term insurgent war in Ukraine. The geopolitical system views this as an existential battle against Russia. Both sides in this conflict view this as a zero-sum contest. The NATO alliance doesn’t view Volodymyr as a hero, he’s a tool.

    If Zelenskyy were to walk toward a negotiated ceasefire, the bullet that kills him would come from the rear. That’s how corrupt this conflict is.

      1. Last evening I saw a video clip claimed to be a Russian MLRS barrage using cluster munitions in a civilian evacuation corridor.

        1. there isn’t a single government anywhere on earth that isn’t dripping with evil. they are all made up of corrupt liars that are trying to take their own citizens for everything they have. the government fools are going to pay more than they know.

          all this is the doing of soros. gates and schwab are just some of his yes men.

          do you ever wonder if soros is planning to take the rest of the world with him when he dies? i used want to pop open a bottle of champagne upon hearing of his death. now i’ll be gritting my teeth instead.

  32. 430,000 children continue to bear the brunt of eastern Ukraine conflict
    UNICEF calls on all parties to end ongoing fighting

    02 December 2019

    GENEVA/KYIV, 2 December 2019 – Despite recent developments intending to protect the rights of children affected by eastern Ukraine’s more than five-year-long conflict, nearly half a million girls and boys continue to face grave risks to their physical health and psychological well-being, said UNICEF today.

    “It is unconscionable that children in eastern Ukraine continue to go to schools with bullet holes and bomb shelters and live in neighbourhoods that are intermittently shelled and littered with landmines,” said UNICEF’s Regional Director for Europe and Central Asia, Afshan Khan, who recently returned from meeting children and families in eastern Ukraine. “A political solution is long overdue. We call on all parties to the conflict to end the fighting in eastern Ukraine.”

    Ms. Khan acknowledged that the Ukrainian Government’s recent endorsement of the Safe Schools Declaration is a positive step to better protect education from attack and to reduce the military use of schools, but emphasized that more than five years of conflict have been devastating for children on either side of the contact line. This includes;

    172 children, the youngest a one-year-old girl, have been injured or killed due to mines or other explosive remnants of war.

    36 attacks on schools were reported this year alone, including one school being damaged 15 times. Over 750 educational facilities have either been damaged or destroyed since the conflict began.

    Vital water and sanitation infrastructure have come under attack 80 times this year. There have been more than 300 of these incidents in the last three years.

    430,000 children live with psychological wounds and need ongoing support to address the emotional trauma of growing up in a prolonged conflict.

    2 million children, women and men are at risk of death and injury from landmines and other explosive remnants of war, as eastern Ukraine is now one of the most mine-contaminated places on earth.

    “The children I met in eastern Ukraine have hopes and dreams like all children but have suffered tremendously after five years of living in constant danger,” said Ms. Khan. “UNICEF and partners stand ready to support measures to further protect children and ensure the full implementation of the Safe Schools Declaration,” she added.

    https://www.unicef.org/press-releases/430000-children-continue-bear-brunt-eastern-ukraine-conflict

    1. Wait. Western media tells us the war started two weeks ago. What’s all this about five years?

      s/

  33. Never heard Lindsey Graham, George Steponallofus and the MSM constantly bang the war drums over this.

    “I would say 85% of people in the Donbass dream about the Soviet Union,” says Tuka, who has also served as a volunteer soldier and as the governor of Kiev-controlled territory in the region. “An entire generation has been raised with this kind of perspective.”

    On the frontline of Europe’s forgotten war in Ukraine

    Four years after Russia backed the cause of separatist rebels, the death toll stands at 10,000. As the west moves on, millions feel abandoned to their fate

    Nov 12, 2017

    Nadiya Volkova, 24, grieves for her mother Katya Volkova, 60, killed by ­shelling. Photograph: Brendan Hoffman/Getty
    Julian Coman in Avdiivka
    Sun 12 Nov 2017 01.00 EST

    Last June, in the intense heat of a Ukrainian summer, four of Ludmila Brozhyk’s neighbours were sitting chatting in the sunshine. The children had stayed indoors, in the relative cool, to watch cartoons. When the mortar bomb dropped it came out of a clear blue sky.

    “All the adults were killed instantly,” says Brozhyk. “Then one of the children came running and shouting down the street to us. Her mother had been decapitated.”

    A 65-year-old grandmother, Brozhyk lives in Avdiivka, an unlovely industrial town in eastern Ukraine close to the “contact line” that divides a swath of territory controlled by Russian-backed separatists from the rest of the country. On the façade of one of the town’s shell-scarred buildings there is a statement of despair, written in white paint. It reads: “We are praying for Avdiivka.” At least somebody is.

    In Avdiivka, the mortar shells still fly sporadically between government-controlled territory and the self-declared People’s Republic of Donetsk. They home in on the town from rebel-held land around the battered buildings of Donetsk airport, a few miles away, and are duly returned as a matter of honour. The bitterness is kept on the boil.

    https://www.theguardian.com/world/2017/nov/12/ukraine-on-the-front-line-of-europes-forgotten-war

    1. Four years after Russia backed the cause of separatist rebels, the death toll stands at 10,000.

      Zelenski used this number the other day in his speech to the UK Parliament. He implied this was the number of Russians killed in the past few days. I thought it was a ridiculous high number. So, it’s actually the number of Ukrainians that Ukraine has killed in the past four years.

      The guy is a nut job.

      2. “So, it’s actually the number of Ukrainians that Ukraine has killed in the past four years.”

        Bingo

  34. Chevy Chase, MD Housing Prices Crater 27% YOY As Soaring Inventory Sends Prices Diving Across Northern Virginia Area

    https://www.movoto.com/chevy-chase-md/market-trends/

    As one Washington DC broker lamented, “How can we possibly sell a resale house when builders are selling new houses on the same street for 20% and sometimes 30% less?”

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