Investors Might Get FONGO As They Have Missed Their Chance To Cash Out
A report from the Herald Journal. “What used to be outrageous is now the norm in Utah’s housing market. Erika Wiggins, an agent who specializes in the Sugar House neighborhood in Salt Lake City, said one of her clients offered a $20,000 non-refundable deposit and up to $70,000 over what the bank said the house was worth, on top of an offer that was already many thousands over the list price. It was rejected. ‘Personally, as a professional who’s been doing this for almost 18 years now, I don’t like it,’ Wiggins said. ‘It’s not something I feel like is a healthy space, but my clients are doing it.'”
From WPTV in Florida. “Robert Griffis purchased a West Palm Beach home east of Dixie Highway last August for $785,000. ‘I bought it for investment,’ Griffis said. ‘Now, the market is getting the way it is, increasing, so I just put it on the market and see if it’ll sale.’ The home is now listed at a whopping $1.5 million. Million-dollar homes are being listed, some of the homes are barely 1,500 square feet.”
“Offering $20,000, $30,000 [over the asking price], that’s a solid offer. Someone coming in and offering $60,000, $70,000, $80,000 … I’ve even seen $90,000 over asking, over the appraised value,’ Carlos Melendez, president at Broward, Palm Beach and St. Lucie Realtors Association. ‘What I thought a million dollars was a long time ago, was like a massive house, now you look at that and a million is nothing. It’s disheartening.'”
The Tennessee Ledger. “Nashville’s white-hot residential real estate market is the gift that keeps on giving to armchair analysts: How high can prices go? Is this a bubble? However, there’s an interesting twist: Houses are selling within days of listing, with multiple bidders making cash offers significantly over appraised value in some cases – and then are sitting empty for weeks, months and even years after the sale. Maybe a little renovation, some yard maintenance or nothing at all. If everyone’s rushing to move here, what gives?”
“Investors also hold a significant cash edge in a market where money speaks with a very loud voice, says Nicolas Dobbratz, an affiliate broker with simpliHOM. ‘These funds are buying real estate in targeted markets, and Nashville is one,’ Dobbratz says. ‘Their sheer financial power allows them to expose themselves to higher risk. They can, and do, buy high and wait for the market to catch up to them. It’s a class of real estate investors who can afford to pay more for a property, and then sit on it far longer than a typical reseller would.'”
The Boston Globe in Massachusetts. “Suffolk County — which is anchored by Boston and its roughly 675,000 residents but also includes Chelsea, Revere, and Winthrop — lost 28,850 people who moved elsewhere between July 2020 and July 2021, data show. It’s the largest loss to domestic migration it has experienced since at least 2000, said Susan Strate, a demographer at the UMass Donahue Institute. ‘This is not just Boston. It’s happening, in general, to the very large cities,’ Strate said.”
The San Francisco Chronicle in California. “That mythical time in San Francisco’s past has been celebrated — and used as a cudgel to attack the present — since the Gold Rush. We hear it from fed-up young residents, cranky S.F. natives and people who have never lived here. (Especially from people who have never lived here!) ‘A friend who lives in San Francisco told me that, unlike most things you hear in the news, the decline of San Francisco isn’t exaggerated,’ said venture capitalist Paul Graham. ‘It really is as bad as the stories say.'”
The New York Post on California. “It hasn’t been an easy few weeks for Trevor Noah. The comedian has been dealing with some beef lately from a certain A-list rap artist, and now he can add selling his Bel-Air home, which he bought less than a year ago, at major loss to the list. ‘The Daily Show’ host dropped $27.5 million for the swanky 11,300-square-foot estate in December 2020. It eventually sold on March 22 for $26.39 million — more than $1 million less than he paid.”
The Calgary Herald in Canada. “RBC Economics released its monthly housing update for February, finding new listings increased by 24 per cent from January. Calgary led the nation in the percentage rise in new listings, increasing 65 per cent, month over month. Toronto had the second largest jump in listings, growing by almost 43 per cent, followed by Edmonton at nearly 15 per cent.”
From Stuff New Zealand. “Wellington-based mortgage adviser Michael Anastasiadis claims to be one of the first to talk about FOOP – the fear of overpaying. He says he heard it from some real estate agents in Australia in April last year, long before the market turned here. It took a while for FOOP to start appearing in the sales figures, but with Auckland city (defined as the area covered by Auckland City Council before the super city amalgamation) house prices down 19 per cent and the region down 8 per cent compared to November, and numerous data firms and banks noting price falls, another new acronym has appeared: INPT.”
“INPT stands for ‘I’m not paying that.’ Auckland management accountant Alen Buchevich was one of those who resisted FOMO (the fear of missing out), and now he says that acronym has given way to another: FONGO – the fear of not getting out. FONGO, which Anastasiadis has also seen used in investor groups, is a particular concern for clients who have bought but have not sold their existing property.”
“‘I have about half a dozen clients who have bought but can’t sell their properties,’ he says.”
“Buchevich says the fear of not getting out has made itself felt in a few ways. First home buyers who bought at record prices are facing serious affordability issues with interest rates that may have doubled since they bought, which raises the spectre of negative equity if prices fall too much and unaffordable home loan repayments. ‘Investors on the other hand might get FONGO as they will have missed their chance to cash out at the top of the market, a top which may not be reached again for a number of years,’ Buchevich says. ‘Many of these investors are in their 50s and 60s and would want to cash out and downsize for retirement, however, in the depressed housing market that we are experiencing today, they may have missed their chance to do so.'”
From Mashable. “Over the past few years in India, we have seen some of the big real estate names getting bankrupt and leaving all its investors in trouble. A similar thing happened in the country once again, when the prominent real estate company Supertech went into insolvency after a petition filed by the Union Bank of India was admitted by National Company Law Tribunal (NCLT) for non-payment of existing dues.”
“Currently, there are over 25,000 people who have invested their hard-earned money on this company and in-exchange Supertech had to allot homes to them. These buyers have been kept waiting by the developer for a very long time and it looks like all these people are going to stay in problem for a much longer time.”
“Here are some reactions:’ Homebuyer have been looted RERA is builder parrot, they failed to start work on stalled projects, builder not honoring RERA orders, no relief for homebuyers & no strict action against rogue builder.’ ‘brilliant strategy. Siphon money of home buyers,bribe licensing authorities n ministers, collude with bankers to grant home loans n then declare bankruptcy. Only poss in India.’ ‘Is it Justice? Thousand of homebuyers will be left with nothing and will have to litigate from ground zero contrary to some super happy corporate giants who will be seeking an opportunity to get hold of big assets at hefty haircut.'”
“‘Ma’am is there a way to apply in Genius book for being a victim of Insolvency in India. In 2 years I have been part of 2 cases – Cox & Kings and today Supertech. Where do i go to seek justice. I have paid taxes, emi on time but I am jobless and now homeless.'”
Comments are closed.
Realtors are liars.
Amazon customers have reported finding handwritten notes from Uighur detainees forced to assemble export products in Chinese slave labor camps. While most of the notes beg for help, a significant number say, “Realtors are liars.”
And dumb as a box of hammers.
“They’re not sending their best.”
‘They can, and do, buy high and wait for the market to catch up to them’
We’ve seen this before especially with multifamily. They borrow or build at a money losing price and claim they are waiting on the market to catch up. This is greater fool stuff.
‘bought less than a year ago…sold on March 22 for $26.39 million — more than $1 million less than he paid’
That’s some red hotcakes right there.
Even Trevor Noah is ditching California. What gives?
Definition of irony: The Soy who voted for Brandon to get student loan forgiveness or free community college get drafted to fight WWIII instead.
https://www.dailymail.co.uk/news/article-10656033/Experts-slam-Biden-unprecedented-call-regime-change-Russia.html
That makes Brandon the new Hitler. He might want to read up on Germany’s experience invading Russia.
‘is there a way to apply in Genius book for being a victim of Insolvency in India. In 2 years I have been part of 2 cases – Cox & Kings and today Supertech. Where do i go to seek justice. I have paid taxes, emi on time but I am jobless and now homeless’
Not once but twice!
How much are you paying for food today versus in January of 2021?
Farmers On The Brink (3/26/2022):
“The tempest caused by the European energy disaster has merged with the hurricane of consequences flowing from Russia’s invasion of Ukraine, forming the genesis of a generational crisis in food that will leave few unaffected. While we’ve been warning about just such a scenario for some time, after spending the past two weeks traveling across the US Midwest and conferring with our contacts in the agricultural sector, even we are a little spooked by what we’ve learned. In a financial crash, the correlation between all asset classes converges to one. The coming crash in global food supply will be driven by a similar phenomenon across virtually every input into farming – they are all spiking to historic highs simultaneously, supply availability is diminishing across the spectrum, and the time to reverse the worst of the upcoming consequences is rapidly running short.”
https://doomberg.substack.com/p/farmers-on-the-brink?s=r
“This sucker could go down” — George W. Bush
flowing from Russia’s invasion of Ukraine,
Our globalist “leaders” seeking regime change in Russia imposed the economic sanctions that created this clusterf@ck after NATO provoked Russia’s invasion of Ukraine. How is Ukraine’s eastern border a matter of the United States’ national security interest and our southern border not?! Ukraine is the 3rd or 4th most corrupt country in the world and a piggybank for our “leaders” but it’s the Ukrainian people who are sadly paying the price. We’re all expendable in the globalists’ agenda to bring about a New World Order. Let’s pin the blame where it belongs. As In Colorado said, I like GloboHomo less than Putin.
Globohomo the Dicktator is demanding NATO give him free shit, and his patience is running out:
“A visibly irritated Ukrainian president demanded late on Saturday (March 26) that Western nations give him tanks, planes and missile defence systems.
Volodymyr Zelenskiy said he wanted only a fraction of military hardware held in stockpiles – and questioned whether NATO was scared of Moscow.
“Only 1% of all NATO aircraft and 1% of all NATO tanks – 1% ! We did not ask for more, and we do not ask for more. And we have already been waiting for 31 days! So who is running the Euro-Atlantic community? Is it still Moscow, because of threats?””
A visibly irritated Ukrainian president demanded late on Saturday (March 26) that Western nations give him tanks, planes and missile defence systems.
Poor Volodymyr, he forgets that he and the Ukrainian people are but an expendable tool for the “west” to have an excuse to wage economic warfare against Russia. The West won’t risk military conflict with the Bear. It doesn’t matter if Russia takes Ukraine or not, the West’s real objective has been achieved.
If Zelensky wants tanks, let his Ukrainian oligarch backers buy them from the Russians for the bargain-basement price of $10,000 each.
https://www.dailymail.co.uk/news/article-10656603/Russian-soldier-surrenders-TANK-return-7-500-Ukrainian-citizenship.html
Steve Kirsch Newsletter — 20 questions they don’t want to answer (3/26/2022):
“I can’t get a single one of these questions answered. I promise to stop spreading misinformation if you can just publicly answer just these questions with truthful and accurate answers …
I have more than 10 methods that show that over 150K people have been killed by the vaccine and the Pfizer trial showed we’d save 1 life from COVID for every 22,000 vaccinated. So after vaccinating 220M people, we kill 150,000 people or more and we save 10,000 lives. If this is wrong, where is the mistake and what are the correct numbers?
How is a 559-fold increase in the reporting rate of myocarditis in VAERS considered to be a “slightly elevated risk” of myocarditis? Why wasn’t this noticed in January 2021? How did the CDC completely miss this signal …
Embalmers have seen odd blood clots, never before seen before the vaccines rolled out, in up to 93% of cases. These are not normal clots and have never been seen before the vaccines rolled out. What are they caused by and why are they killing so many people?
Why do over 10 studies (including one covering 145 countries) all show that the more we vaccinate, the worse the infection and fatality rates? Since nobody has been able to refute any of these studies, shouldn’t we at least put the mandates temporarily on hold until the studies are refuted?”
https://stevekirsch.substack.com/p/20-questions-they-dont-want-to-answer?s=r
Covid vaccines are poison.
Fully vaxxed?
https://www.dailymail.co.uk/news/article-10656683/Taylor-Hawkins-heart-weighed-DOUBLE-men-age-died-Colombia-hotel-room.html
‘just completed host of tour dates in South America and were due to appear at Grammy’s in April’
But CCP virus? Don’t they know they’re all gonna die?
Oooo Ukranistan: don’t notice hundreds of thousands dropping dead from the death injection.
Oooo Ukranistan
Classic wag the dog.
“‘1) Preliminary results of the urine toxicology test indicate the presence of 10 different substances: THX (Marihuana), tricyclic antidepressants, benzodiazepines, and opioids among others.”
They didn’t mention the card in his wallet that said he was fully vaxed and boosted. Maybe he just fell backwards and hit his head like Bob Saget did a few weeks after his booster.
It is possible that he died of all those things. But let’s face it, when ordinary people keel over from the jab, their passing doesn’t make the news. Their survivors wonder why their healthy, youngish relative “suddenly died” with no warning. They are, of course offered no answers.
A few other factors besides the coof and its vax may have been in play.
These are not normal clots and have never been seen before the vaccines rolled out. What are they caused by and why are they killing so many people?
They’ll just call them COVID deaths. Throw another log on the fire.
“What used to be outrageous is now the norm in Utah’s housing market.
Jerome Powell & Yellen the Felon see no housing bubbles.
‘What I thought a million dollars was a long time ago, was like a massive house, now you look at that and a million is nothing. It’s disheartening.’”
Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, Jerome Powell, & Brandon.
A mediocre smallish 3/2 on a medium lot went on the market around the corner from me in my so so San Diego hood listed at 925K. It sold in short order so I am guessing somewhere near the asking price. Prices in this hood topped out around 500-550K in the last bubble. A modest house in San Diego is closing in on a million $.
Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, Jerome Powell, & Brandon.
I can still picture that smiling trollfaced Yellen saying “it’s better to overdue it than underdo it” as they printed over $10 trillion. These people are disgusting.
These people are disgusting.
This seems like an apt description for anyone in a position of power in the “democratic west”
‘These funds are buying real estate in targeted markets, and Nashville is one,’ Dobbratz says. ‘Their sheer financial power allows them to expose themselves to higher risk.
Private equity funds have access to near-free, unlimited Yellen Bux funny money, with the Fed & middle class taxpayers on the hook for any and all losses. First-time buyers in our oligarch-looted economy can ever compete financially with the likes of BlackRock & Blackstone.
‘This is not just Boston. It’s happening, in general, to the very large cities,’ Strate said.”
The common denominator: the honest, productive portion of the population does not want to live in Democat-Bolshevik malgoverned urban cesspools where Soros-installed DAs and “woke” police departments have given the criminal underclass free rein to cavort with impunity.
‘A friend who lives in San Francisco told me that, unlike most things you hear in the news, the decline of San Francisco isn’t exaggerated,’ said venture capitalist Paul Graham. ‘It really is as bad as the stories say.’”
Vote blue, go zoo. Same as it ever was.
“Wellington-based mortgage adviser Michael Anastasiadis claims to be one of the first to talk about FOOP – the fear of overpaying.
When FOOP turns to FOGS – Fear of Getting Schlonged – that’s when we’ll really get this party started.
“How fast was the start of the individual races during prelims? So fast that Olympic champion Bobby Finke went a 4:11.77 and didn’t even make the A final.”
Lia Thomas makes history as first male-born swimmer to win Division 1 NCAA women’s championship
By Valerie Richardson – The Washington Times –
Thursday, March 17, 2022
The University of Pennsylvania senior became the first male-born athlete to win an NCAA Division I women’s title after touching first in the 500-yard freestyle with a personal best of 4:33.24 at Georgia Tech’s McAuley Aquatic Center.
https://www.washingtontimes.com/news/2022/mar/17/lia-thomas-makes-history-first-male-born-swimmer-w/
by DAN D’ADDONA — SWIMMING WORLD MANAGING EDITOR
24 March 2022, 03:18pm
The 2022 NCAA Men’s Division I Swimming and Diving Championship continued with the finals of the 500-yard freestyle from McAuley Aquatic Center on the campus of Georgia Tech in Atlanta.
How fast was the start of the individual races during prelims? So fast that Olympic champion Bobby Finke went a 4:11.77 and didn’t even make the A final.
In the final, the race started with a hushed crowd as everyone in the building waited to see who was going to make their move first, especially with how fast the prelims were across the board.
Kieran Smith took the lead at the 100 mark from Lane 2. He held the lead through the 200 mark. Texas’ Luke Hobson made a slight move ahead of the pack during that span but was still behind Smith until the 350 mark when they turned about the same time, with Sates closing.
Sates made his move at the 350 again and rocketed past Hobson and Smith. Meanwhile, teammate Jake Magahey made a similar move and rode the wave to second place. Sates broke the meet record at 4:06.61, three tenths off the NCAA overall record.
https://www.swimmingworldmagazine.com/news/2022-ncaa-mens-championships-matthew-sates-uses-late-surge-to-win-500-freestyle-in-meet-record/
“Rep. Marjorie Taylor Greene took aim at Transportation Secretary Pete Buttigieg and his husband Chasten Saturday, saying the couple should “stay out of our girls’ bathrooms.”
The controversial lawmaker was discussing the record rates of inflation and high gas prices when she turned her attention to Buttigieg, who is gay, not transgender.”
Never mind that last point of clarification, because he should stay out of little girls bathrooms.
“You know what? Pete Buttigieg can take his electric vehicles and his bicycles, and he and his husband can stay out of our girls’ bathrooms,” she said to cheers from the crowd.
Buttigieg has been an aggressive proponent of electric vehicles in his capacity as a member of President Joe Biden’s Cabinet. He has faced criticism, though, for comments he has made suggesting that people should purchase new automobiles in order to avoid skyrocketing gas prices. Those remarks have largely been denounced as tone-deaf in a time of considerable financial hardship for many.”
https://www.washingtonexaminer.com/news/marjorie-taylor-greene-pete-buttigieg-should-stay-out-of-girls-bathrooms
“They’re not sending their best”
Pete Buttplug – whose only qualification for his transportation secretary job is being a homosexual – wants us all driving EVs. So does Comrade Pelosi, whose husband just bought $2.2 million in Tesla shares. Just one problem: the soaring costs of lithium & nickel are going to make EVs prohibitively expensive to the proles in our oligarch-looted economy.
https://oilprice.com/Latest-Energy-News/World-News/Batteries-On-A-Ridiculous-Cost-Surge-Chinese-EV-Maker-Says.html
“Pete Buttplug – whose only qualification for his transportation secretary job is being a homosexual…”
That’s simultaneously hilarious, regrettable and truthful. LMAO!
his trans…portation
Ironic Marjorie?
Electric vehicles kill Yaks.
“dead fish were found in the waters of the Liqi River, where a toxic chemical leaked from the Ganzizhou Rongda Lithium mine. Cow and yak carcasses were also found floating downstream, dead from drinking contaminated water.”
https://www.instituteforenergyresearch.org/renewable/the-environmental-impact-of-lithium-batteries/
St. Greta averts her gaze anytime China is a polluter.
And also gets inexplicably moist every time she hears the unmistakable rumble of an American V8 engine with solid lifters, performance cam, and straight pipe exhaust.
Buttplug is the worst. What a disgusting excuse for a human being.
Not to suggest I really know, as an aging cisgender heterosexual white male, but don’t gay men normally use the men’s restroom?
personal best of 4:33.24 vs. meet record at 4:06.61
But remember, according to our Hero President Biden:
Anything a man can do a woman can do and usually better!
If you have not seen Bill Maher’s new rules from 3/25/22 it is worth a watch. He actually grows a pair and defends Men and Masculinity. ( Note: some of you will probably get butthurt because he praises Zelenskyy)
When Bill Maher starts becoming a voice of reason, you know the country is in deep, deep trouble.
You mean the green screen bombardier cow girl?
“Der aktuelle Bericht aus der Ukraine…” (Satire!)’
https://www.bitchute.com/video/j207cp9y9OE5/
1 minute.
Satire or not that was some scary war footage right there. 🙂
You mean the green screen bombardier cow girl?
Yeah, Maher conveniently left those parts of Zelenskyy’s past out of the story. But Maher is right about a lot women finding him hot, and they actually see his dancing as a plus.
because he praises Zelenskyy
Maher is still a libtard.
Maher is still a libtard.
Yes, but he makes sense here and stands up to the Woke crowd and needs to be acknowledged for it, regardless of his political ideology.
Yes, but he makes sense here and stands up to the Woke crowd and needs to be acknowledged for it, regardless of his political ideology.
Says who, you? Fock Maher. He’s just another TDS afflicted cvck.
Not make the final with a time of 4:11.77 or win the final with a time of 4:33.24?
No wonder Leon or I mean Lia made the switch.
Lia Thomas makes history as first male-born swimmer to win Division 1 NCAA women’s championship
“The University of Pennsylvania senior became the first male-born athlete to win an NCAA Division I women’s title after touching first in the 500-yard freestyle with a personal best of 4:33.24”
The 2022 NCAA Men’s Division I Swimming and Diving Championship continued with the finals of the 500-yard freestyle
“How fast was the start of the individual races during prelims? So fast that Olympic champion Bobby Finke went a 4:11.77 and didn’t even make the A final.”
I wonder if Thomas was recruited to do this, with the promise of more lucrative rewards to come later.
Or, maybe he’s just a jerk?
“I wonder if Thomas was recruited to do this,”
Hadn’t thought of that, but it is by no means far fetched.
Seeing the picture of that giant freak standing there next to the women at the medals ceremony was gross. He’d have to have no conscience to stoop so low.
He’d have to have no conscience
Or no insight. It’s not a large survey, but those who I know that have family members into “transition” are also clinically mentally ill. They may deserve our gentle sympathy, but not our applause.
“‘I have about half a dozen clients who have bought but can’t sell their properties,’ he says.”
They could sell their properties tomorrow, if they weren’t clinging to their greedhead wish prices.
Going forward the mantra will be, “buy high, sell low!”
Thousand of homebuyers will be left with nothing and will have to litigate from ground zero contrary to some super happy corporate giants who will be seeking an opportunity to get hold of big assets at hefty haircut.’”
Poor stiffed speculators. Did you stamp yer lil’ feet?
Cracker – Turn On Tune In Drop Out
https://www.youtube.com/watch?v=5woFxnekqo8
the decline of San Francisco isn’t exaggerated,’
My downstairs neighbor was born and lived in San Fran. for over 50 years and finally left. And yeah, she says it has turned to Sh$t. But Don’t worry, she is still a solid D voter.
Remember, she isn’t a refugee, she’s a missionary.
“But Don’t worry, she is still a solid D voter.”
That requires a Gestalt shift. It’s like discovering corruption within the police ranks after a lifetime of blind trust, e.g., don’t eat the cupcakes!
“‘I have about half a dozen clients who have bought but can’t sell their properties,’ he says.”
I am calling B.S on this. Everything is saleable at the correct price point.
Trudeau faced harsh critics in the EU Parliament this week. Here’s who launched the attacks
Peter Zimonjic · CBC News ·
Posted: Mar 25, 2022 3:03 PM ET
When Prime Minister Justin Trudeau recently addressed the European Union Parliament and warned of growing threats to democracy, he received an angry backlash from some elected members who accused him of responding to the recent anti-vaccine mandate convoy protest like a dictator.
What did MEPs say about Trudeau?
Describing Trudeau as someone who “tramples” fundamental human rights and freedoms, Independent Croatian MEP Mislav Kolakušić said Canada once stood for civil rights but now seems more like a “dictatorship of the worst kind.”
“Under your quasi-liberal boot in recent months,” Kolakušić said, “we watched how you trample women with horses, how you block the bank accounts of single parents so that they can’t even pay their children’s education and medicine, that they can’t pay utilities, mortgages for their homes.”
“Mr. Trudeau, you are a disgrace for any democracy,” said German MEP Christine Anderson, the political spokesperson for the ID parliamentary group in the European Parliament through her party Alternative for Germany.
Anderson went on to accuse Trudeau of civil rights violations during the trucker convoy protest, calling him a dictator who treats citizens as “terrorists.”
Another Alternative for Germany MEP, Bernhard Zimniok, accused Trudeau of “trampling on democratic rights” by cracking down on people for protesting “disproportionate” public health measures.
https://www.cbc.ca/news/politics/european-members-parliament-attact-trudeau-1.6397579
Posted entire article so you don’t have to mess with subscribe
Canada adds even more charges against Freedom Convoy organizer Pat King
By Christina Maas
Issue: March 26, 2022
Pat King, an alleged leader of the Freedom Convoy civil liberties protest, is facing new charges. He is accused of organizing the protest, in which truckers took to the streets of Canada’s capital Ottawa in protest of the COVID-19 measures.
On Thursday, prosecutors brought 10 charges against King and Tyson George Billings, who is also accused of organizing the protest. King, who was arrested on February 18 and is still in custody because he was denied bail, initially faced four charges.
As reported by CTV News Ottawa, King and Billings “are charged with two counts each of intimidation and obstructing police,” as well as “one count each of mischief, counseling to commit mischief, counseling to obstruct police, counseling to intimidation, disobeying a court order and counseling to disobey a court order.”
King has been in court several times but his case has been postponed because he does not have legal representation. The court was told that potential attorneys are not being able to reach him at the Ottawa-Carleton Detention Center.
The lawyer who represented him during the bail hearing, Cal Rosemond, said, “I understand that there’s been some extreme difficulties in being able to contact Mr. King at the detention center.”
During the hearing on Thursday, King apologized for the delay in securing legal representation. I apologize for all this nonsense,” he said.
He will appear in court again on April 4.
Tamara Lich and Chris Barber, the other leaders of the protests are also facing additional charges.
It is estimated that the three-week protest cost the city of Ottawa $36.6 million.
https://reclaimthenet.org/canada-adds-even-more-charges-against-freedom-convoy-organizer-pat-king/
Jaywalking. In addition to that: Crossing against the light. Crossing outside an acceptable pedestrian lane. Obstructing traffic. Endangering public safety. Having a menacing countenance. Discussing the idea of these crimes with another pedestrian. Discussing again. Menacing glare.
High Crimes.
The world is still watching Trudeau.
Honk Honk.
I did not see this coming. Heckova job, central bankers & feckless politicians.
A World That’s More Expensive Is Starting to Destroy Demand
https://www.bloomberg.com/news/articles/2022-03-27/a-world-that-s-more-expensive-is-starting-to-destroy-demand?srnd=premium&sref=ibr3A0ff
We’re done with red meat in our household.
Yesterday I canned 27 jars of beautiful beef stew. Getting ready for winter.
Could be nuclear winter if Brandon’s railings trigger the wrong response.
Just bought 2 4lb packs of 85% hamburger for 2.99 lb, (limit 2) with a digital coupon…ya gotta have them, for each store and then clip it to your phone. seedless red grapes .99 lb I love most fruits and i put them in a blender with plain greek yogurt.
So apparently weak, dementia-added Democrat presidents & “woke” militaries aren’t much of a deterrent against ruthless SOBs like Lil’ Kim.
https://www.dailymail.co.uk/news/article-10656435/North-Korea-preparing-nuclear-test-five-years-report-says.html
Honeydrippers, The – Rockin’ At Midnight
(Led Zeppelin’s) Robert Plant’s first collaboration with Robbie Blunt and is an exuberant tribute to the blues and R&B. This 45 features Jeff Beck, Nile Rogers, and Jimmy Page
https://youtu.be/mcuUDjYJpLY
When the people who lined up for the jab, played mask Karen, and boostered up immediately started “standing with Ukraine” I figured that was a sign.
Go Russia!
In a perfect world we could draft all the blue-haired, tattooed militant feminist she-creatures & man-bunned Soy Boys, put them under “inclusivity” and Affirmative Action officers, and send them into battle against Putin’s lads in Ukraine. In a perfect world….
Any alleged American who supports Ukraine should self-deport out of the country, because you’re not an American.
Globalist, dual loyalty, internationalist, shape shifting, bloodsucking parasites, tapeworms and ticks, all engorged with the blood and treasure of the U.S. taxpayer, that’s who the real beneficiaries of this war are.
“They’re not sending their best”
Not quite that simple. Some of us support the nation of Ukraine – as opposed to its corrupt globalist government – as they fight back against Russian invasion & occupation. I won’t self-deport, because this is where I was born & where I will die. I support a sovereign, independent Ukraine’s right to self-determination. Putin, the “former” KGB officer, is an oligarch thug who wants to revive the Soviet Union – the most evil, malevolent entity of the 20th Century. He has ornate mansions and mega-yachts while a huge percentage of his countrymen live in poverty. His Army is FUBAR, and that’s why they’re getting their asses kicked as they are bogged down in a quagmire.
they’re getting their asses kicked
Who has convinced you that is the case?
Add: who wants to revive the Soviet Union
Back in the day the big fear was the Soviets plowing into Europe through the narrow Fulda Gap in Germany. Seeing Russia today having difficulty attacking a neighboring country says plenty about their capabilities. By comparison, the U.S. has global reach with its sophisticated logistics programs and airlift capability aptly demonstrated during Desert Storm.
Both Russia and Ukraine are shot through with corruption, so they’re likely unable to develop an effective logistics network. Russia is currently suffering an attrition of soldiers and weapon systems, and since they have greater numbers of both they are suffering more.
The U.S. is keeping detailed records of this conflict as they study Russia’s strategies and many weaknesses. Putin’s days are numbered if he presses on with his scorched earth program, IMHO.
Desert Storm
FWIW, that was 30 years ago.
As for today’s competence, two words:
Bonhomme Richard.
Putin’s days are numbered if he presses on with his scorched earth program, IMHO.
Analysis of Western propaganda is as flawed as the “information”. IMHO we are rarely given the truth.
You sound like someone who swallowed the COVID pill too.
Mass Formation Psychosis.
Putin’s propagandists post here.
I’ve heard that if you don’t believe the God’s Honest Truth the Western media spews 100% you must be an agent of Putin, who is actually a dead German dictator.
You have a point about him closely resembling a certain dead German dictator. I hadn’t thought of that until you mentioned it.
Binary thinking. It’s rampant these days.
JC, that’s all I thought after first time I heard him (after looking him up when I saw him in the Star Trek outfit.) Sure, nice affect (as used in psych), nothing alarming about him at all – let’s all line up and follow him.
“Go Russia!”
+1
When Your New Identity is Supporting Ukraine・Ryan Long
Mar 14, 2022
https://www.youtube.com/watch?v=6-LRS9A-rW4
“I’m a pretty binary thinker, I’m nonbinary in everything else though.” 🤣
He’s really good. Nailed it on how shockingly many people epitomize “there’s no there there”.
Haha, that was perfect:
“I asked my dad to denounce Putin on social media but he doesn’t have social media so I guess we won’t be having dinner this week.”
“Your New Identity is Supporting Ukraine”
Another NPC image file, courtesy of 4chan:
https://ibb.co/3R3tGY1
Soul-less husks, that’s what you are. Not fully human, just a quasi-organic life vessel for the distribution of virtue signals.
“They’re not sending their best”
the soros crowd is starting to ‘salt’ our food supply to starve to force all of us to comply with their digital cash agenda and things they want. don’t fall for their lies. ALL of what they’re forcing on us is NOT necessary.
link below in reply
https://www.bitchute.com/video/JtNX2GzYw6Kz/
A manufactured famine will be a convenient way to depopulate pesky 3rd Worlders who didn’t get jabbed. Billions have been teetering on the edge of starvation, now many will go over the cliff. Even relatively prosperous Mexico could see unrest if corn imports are cancelled.
This reminds me of that song I posted the other day…
“The road goes on forever and the party never ends”
Of course that song ended with the dude being sent to the electric chair.
“Erika Wiggins, an agent who specializes in the Sugar House neighborhood in Salt Lake City, said one of her clients offered a $20,000 non-refundable deposit and up to $70,000 over what the bank said the house was worth, on top of an offer that was already many thousands over the list price.”
REALTORS ARE LIARS.
Fraud news narratives are getting weirder by the minute. How much more evidence do people need that something very contrived , not rational and insane is being deliberately done .
The exact timing of the Covid Pandemic Scam, followed by a rigged election, with fake news narratives and censorship of anything that disputes the extremely bizarre response to a Pandemic.
Than a shift to war, food shortages, gas increases, with no logical response to the new emergencies , brought to you by fake news.
Since Biden just dropped that the US needs to lead in a “New World Order”, I’m assuming this is what is behind all this madness. A take over of current systems , by Entities that have captured Governments , and control the narratives.
So, just saying as long as the people are being subjected to this apparently pre planned take over, where the evidence shows people are being murdered, and fake vaccines are being disseminated, your Government is in on the plan.
I don’t know what else can explain all this , other than a take over by capture of Governments to bring on a New World Order Dictorship, that nobody would of voted for.
How much more evidence do people need that something very contrived , not rational and insane is being deliberately done .
Fearful people don’t think rationally.
When asked about US President Joe Biden’s emotional exclamation “for God’s sake, this man cannot remain in power” in reference to Russian President Vladimir Putin Vice President Kamala Harris responded…
We were all doing a tour of the library here and talking about the significance of the passage of time right. Ukraine is a country in Europe. It exists next to another country called Russia, Russia is a bigger country, so when you think about it there is great significance to passage of time, although inflation has nothing to do with the passage of time, there is such great significance to the passage of time when you think of a day in the life of our children, and although before last week I had never been to Europe, (nods head in the affirmative) as a woman of color I can assure you our Southern Border is secure.
Listening to her or Brandon speak without a script is painful and embarrassing. I can only wonder what other countries’ leadership thinks of us. It can’t be good.
what other countries’ leadership thinks
That Biden and Harris are puppets.
It’s like living in Mordor. Everyone is afraid of you and at the same time you know that something is terribly wrong and won’t end well.
That Biden and Harris are
and dangerous idiots.
Ultimately, they’ll be patsies.
Special ed teachers can now tell the intellectually subnormal that if they can manage to sleep their way to the middle, “woke” Democrat presidential contenders just might pick them to be their running mates and VPs. Forward!
I don’t remember where I read it – Kamala was referred to as a “bun” to “Willie Brown’s bratwurst” the other day. How humiliating.
“to” should for “for”
Even worse.
be
Oh, nevermind 🙈
Moral of the story: don’t be Kamala.
“To” works as well. This woman is filth.
Tucker Carlson guest calls Vice President Harris “Willie Brown’s bratwurst bun” | Media Matters for America
https://www.mediamatters.org/tucker-carlson/tucker-carlson-guest-calls-vice-president-harris-willie-browns-bratwurst-bun
Ben might not let my last post of this through, due to some admittedly salty language, but here’s the link without comment.
Kamala Harris & Willie Brown — Her Relationship With Former San Francisco Mayor Explained:
https://heavy.com/news/2020/08/kamala-harris-willie-brown/
Shouldn’t they call it a Trans Am instead of a “Very Gay” Raptor?
Here’s Why Ford Has A Gay Pride Themed Car
The “Very Gay” Raptor is Ford’s way to kick away homophobia.
BY KARAN RAWAT
PUBLISHED SEP 12, 2021
https://www.hotcars.com/heres-why-ford-has-a-gay-themed-car/
As someone who self-identifies as a Yemeni lesbian for reparations purposes, I feel a strong affinity for the Subaru Forester.
Subaru, aka Lesbaru.
“aka Lesbaru.”
🙂
I owned a Forester. It was a great vehicle – AWD, good size, good aftermarket options.
Was it the turbo-charged version?
Sadly, no. The NA 2.5 was powerful/quick enough, though the XT would have been a better choice in retrospect.
I bought it to replace my 1999 4Runner 4×4 (which honestly never could be replaced – that was a great vehicle) with similar footprint and capability. The Forester was great for getting me to the trails for hiking, snowshoeing, and skiing.
The AWD system was great, as was the low center of gravity due to the boxer engine.
The “Very Gay” Raptor is Ford’s way to kick away homophobia.
Do the assless chaps come standard, or are they an option?
Live Updates: Shocking Video Reportedly Shows Ukrainians Shooting & Torturing Russian POWs
Infowars.com
March 27th 2022, 1:10 pm
Shocking video from Ukraine purportedly shows Ukrainian forces shooting and torturing Russian prisoners of war, prompting several journalists to call for an official investigation into these potential war crimes.
Warning: the following videos are graphic and viewer discretion is advised:
https://www.infowars.com/
Maria Dubovikova
@politblogme
·
Mar 27, 2022
18+ (21+)
Ukrainian soldiers shoot Russian prisoners of war in the legs and afterwards give them a severe beating. At the beginning of the video, there are Russian POWs lying on the ground with bullet wounds in their legs, some of them have got leg bones broken. #WarCrimes
The US & NATO have a moral & ethical responsibility to use their leverage over the Ukrainian government to demand that Russian POWs are treated IAW the Geneva Convention.
Ukrainian soldiers
US funded and trained.
US funded and trained.
Are we the baddies?
Yes. Yes, we are.
https://www.bitchute.com/video/Mx5zW8JqjjT6/
Wish I could say I was.
Sunday Live: World Shocked By Torture & Executions of Russian Soldiers At Hands of Ukrainian Nazi Battalions
Infowars.com
March 27th 2022, 3:45 pm
Shocking Video Reportedly Shows Ukrainians Shooting & Torturing Russian POWs
Infowars.com
March 27th 2022, 1:10 pm
comments
33 minutes ago
(Edited)
Joe Biden the illegitimate president has a lot explaining to do about why there are dangerous bio labs near the Russian border. If anyone needs to step down, it is Joe Biden. It’s pretty evident the US globalist and NATO want Ukraine for themselves and could care less if it gets demolished and all the natives flee or get killed. They can then easily release the bio weapons unto Russia, which is their objective, always has and always will. Joe’s concern about chemical weapons is a dog and pony show for what Joe’s administration and the deep state really want to do to Russia; steal its resources and wants Putin to leave so they can fulfill their objectives and turn that country into Communism again, but that’s not all. Putin’s life is in danger. The last time someone was executed over oil and currency was Muammar Gaddafi when he demanded the French president Macron to pay him in gold in exchange for oil.
1 hour ago
I guess they didn’t record the Ukrainians dragging Mayors of towns and cities in the Donbas and executing them in the street. On March 1st, Volodymyr Struk, who was mayor of Kreminna near Luhansk was drug out of his home by Ukrainians in camo while his wife watched and taken to the center of town, where he was tortured and shot. At least 4 other Mayors received the same treatment. In Mariupol, Civilians were prevented at gunpoint from leaving the area by Ukrainians who have used them as human shields. Many were killed by Ukrainian Troops trying to leave. I’m not saying Russians haven’t done some things, but the Ukrainian people are being brutalized by their own Soldiers. The people of the Donbas have been under attack since 2014, having lost over 14,000 civilians from shelling and massacres since then. The Ukrainian Government took the Minsk Agreement that they signed in 2014 to move toward recognizing the Donbas as a separate country, and essentially wiped their asses with it. That is why Russia invaded and hasn’t attempted to take over the entire country.
Respect2
“Ukrainian soldiers shoot Russian prisoners of war in the legs and afterwards give them a severe beating.”
The legs have large arteries that allow us to run for miles. These leg wounds with a firearm are a slow motion execution, 1 to 5 minutes depending on the wound. Since most of these Russia soldiers (prisoners of war) have no idea why they’re really there in Ukraine the world will see these as war crimes. On the other hand, the Russians killing civilians is also a war crime. Tit for tat, I suppose.
killing civilians
Woman Found Tortured in School Basement “Military Base” in Mariupol
Guerrilla warfare, e.g., hiding amongst civilians and carrying a change of civilian clothing in their rucksacks to enable the evade and escape. Hence the targeting of civilians.
In case you didn’t notice, it wasn’t the Russians who did this.
“In case you didn’t notice…”
Come on, really?
The Russians targeted the buildings with aircraft or artillery strikes because of the Ukrainian guerilla fighters were using the basement, and the woman was likely unhappy with their use of the basement as a staging area. Maybe she complained about the basement on social media? Who knows, but it won’t happen again.
Worth a watch. I used to not like Russell Brand, but he’s one of the few not shying away.
The Truth is Coming Out
https://www.youtube.com/watch?v=sqD_JYAs7pU
Russell Brand
I personally don’t trust a rich Hollywood celebrity who dated British aristocracy with two brothers married into the Rothschild family.
Who knows anything except they’ve all got bills to pay.
Who Really Runs The World? – Russell Brand & Yuval Noah Harari・Oct 13, 2018
https://www.youtube.com/watch?v=ta4U8G03q98
Discussion on https://communities.win/c/GreatAwakening/p/15HIFNtWr3/russell-brand-and-yuval-noah-har/c
Russell Brand & Yuval Noah Harari
Just saw that photo of them elsewhere. He’s clearly in the big club that we’re not in.
Prince William suggests he may not succeed the Queen and his father as head of the Commonwealth
The Duke of Cambridge has acknowledged that he may not succeed the Queen and the Prince of Wales as head of the Commonwealth, as he vowed not to be “telling people what to do”.
I’ve been saying it my entire life – these monarchies need to go the way of the buggy whip. They’re just a bunch of wealthy grifters who offer nothing to society, but think they are some special breed you should bend thy knee to. William and his wife got a dose of what people really think of them when they went to Jamaica. They were received about as well as a plantation owner at a BLM rally.
I was listing to some talking head that was talking about how much whole lines of royalty are involved in this One World order takeover plot.
Illuminati bloodlines
Doesn’t surprise me one bit. It’s just a thirst for the total domination of human beings – the same as it ever was with these wealthy focks. Looking forward to crooked necks.
Styxhexenhammer666 Show ep. 50: Patreon Purge, Biden Price Hikes, Regime Change, etc (Superchat Q&A):
https://www.bitchute.com/video/VJMVTsjri7E/
Recorded live from the Netherlands earlier today. FF to 01:40 to bypass setup chatter.
Santa Rosa, CA Housing Prices Crater 16% YOY As Sonoma County Staggers On Soaring Crime And Mortgage Fraud
https://www.movoto.com/ca/95401/market-trends/
As one REIT manager explained, “Over 90% of all mortgages made since 2011 are subprime.
Good riddance to California flippers and out-of-state investors whose business model recently stopped penciling out. The people who live and work here sincerely hope that you don’t let the exit door hit your arse as you cut and run.
This is a “hair on fire” moment for California Used Home Salespeople.
Regulation and Compliance
Alarms Raised Over California Housing Speculation Act
David Krechevsky
Mar 15, 2022
Real Estate Investor Pic
Real estate agents and lenders call an “emergency meeting” over a proposed legislation that would add up to a 25% capital gains tax on homes resold in less than 7 years.
Under the heading, “Be careful what you wish for,” there is the California Housing Speculation Act.
The legislation in California was intended to solve a problem; instead, many real estate agents and mortgage lenders now are concerned the cure is worse than the disease.
To understand the issue, it began when the California Association of Realtors published a report noting that 51% of the homes sold in the state in the third quarter of 2021 were purchased by investors. The national average for investor purchases is 19%.
This raised concerns that the average person hoping to buy a home in California was being kept out of the market by investors, and that investor purchases were increasing the sale prices of the properties, making it even more difficult to afford a home in the state.
Legislation (AB 1771) known as the “California Housing Speculation Act” was introduced in the California legislature in an attempt to address the problem.
As proposed, the bill would add up to 25% in capital gains tax on the sale or exchange of nearly every residential property in the state that is bought and then resold in fewer than seven years. While the tax would be applied on a sliding scale, any home purchased and then resold in fewer than three years — regardless of the reason — would face the 25% tax, on top of any federal capital gains taxes that may apply.
The timeline and amount of additional capital gains tax proposed in the legislation is as follows:
Sold in less than 3 years: 25%
Sold in 3-4 years: 20%
Sold in 4-5 years: 15%
Sold in 5-6 years: 10%
Sold in 6-7 years: 5%
Sold in 7 years or more: 0%
Concern about the unintended consequences of the legislation is so high, three organizations have called an “emergency meeting” on Thursday for interested parties to discuss how to oppose it as written.
The meeting has been called by the American Association of Private Lenders (AAPL), Think Realty, and the Geraci Law Firm, though the three organizers say additional organizations are mobilizing for the fight.
https://nationalmortgageprofessional.com/news/alarms-raised-over-california-housing-speculation-act
Ok, so that demon monopolist Bill Gates just dropped that the West should switch over to fake beef. Could this have anything to do with Gates buying up farmland.
I wouldn’t eat anything that cockroach recommends , no fake food, no fake vaccines.
So, is this going to be the new scam to fake food shortages to bring on bug eating and fake food? .
What a great World these psychopaths have planned for the sheep. Let see…
You will have nothing and be happy.
Bugs and fake food you will eat.
Vaccine after vaccine , mandated for the greater good, never mind if they kill you.
Girls are boys and boys are girls.
Passport and digital control of money to control and surveillance of all actions by sheep.
No more free will , we will hack and alter humans into drone like slaves, just because we think we can.
Central control of all resources, under Global Corporate Governance,
One World Order Dictorship, open borders, all constitutional protections eliminated.
Nothing that sane humans would vote for, so its being criminally forced by these invaders highjackers and fraudsters.
Just looking at the deliberate massive damage these entities have caused in the last 3 years especially, the only thing you can say is e-v-i-l.
Bill Gates just dropped that the West should switch over to fake beef
Tweeted BG should FOAD. Immediately got kicked off for 12 hrs.
So, is this going to be the new scam to fake food shortages to bring on bug eating and fake food?
Everything is a scam now: “education”, medicine, war, housing. There were two things that seemed to be off limits: the kids and food.
They are now coming for both.
New York Post — Model who had legs amputated due to COVID leaves hospital for birthday (3/24/2022):
“A young model forced to have both her legs amputated due to COVID-19 complications has been released from the hospital just in time for her 21st birthday.
Claire Bridges finally returned to her family home last Wednesday after spending two months at a medical facility in Tampa, Florida.
Despite being fully vaccinated, the brunette suffered serious symptoms from the virus and was admitted to the hospital on January 16.
On admission, the youngster was diagnosed with COVID-19 myocarditis, cyanotic, acidosis, rhabdomyolysis and mild pneumonia.
Blood flow was restricted to her legs and the damage was serious enough that doctors decided they had no choice but to amputate.”
https://nypost.com/2022/03/24/model-who-had-legs-amputated-due-to-covid-leaves-hospital/
No choice but to amputate?
Happy *TWO YEAR* anniversary of “two weeks to flatten the curve”
Was she triple or quadruple jabbed?
That’s a sad story.
Long Train Runnin’ · The Doobie Brothers
https://youtu.be/CVsLEI-hCXw
R u ready for Jumbo rate hikes?
The Financial Times
US interest rates
Expectations grow that Fed will deploy jumbo-size rate rises
Economists project US central bank to pick up pace of tightening in the face of worst inflation in four decades
Wall Street has moved to revise its forecasts for monetary policy this year
© AP
Colby Smith in Washington yesterday
Expectations are rising that the US Federal Reserve will make jumbo, half-point interest rate increases this year, as central bank officials signal that they may soon need to step up efforts to reduce the highest inflation in 40 years.
Wall Street economists moved en masse this week to revise their 2022 forecasts for monetary policy, projecting the Fed will double the pace at which it is raising rates at one or more of its forthcoming meetings. The central bank delivered its first increase since 2018 this month, lifting the federal funds rate by a quarter of a percentage point to a new target range of 0.25 per cent to 0.50 per cent.
The economists took their cue from some of the most senior policymakers on the Federal Open Market Committee, who this week were explicit about the central bank’s willingness to take aggressive action given price pressures.
…
Entertainment
Insane, violent Will Smith was best part of otherwise boring Oscars
By Johnny Oleksinski
March 28, 2022 12:30am
Who the hell cares about what won Best Picture?! (It was “CODA.”)
There was just one scene-stealing moment at the otherwise snoozy Oscars on Sunday night. It was the best minute of TV in many years. “Game of Thrones”‘ “Red Wedding,” eat your heart out.
Two and half hours in, a crazed Will Smith stormed the stage after presenter Chris Rock, who should’ve hosted, mockingly said to Smith’s wife Jada Pinkett Smith, “Jada, I love you! ‘GI Jane 2′ — can’t wait to see it!” An innocent little joke.
Well, Smith then walked up to Rock and slapped the comedian. The audio cut out on American TV and Smith yelled, “Keep my wife’s name out of your f – – king mouth!” Twice.
…
https://nypost.com/2022/03/28/insane-will-smith-was-best-part-of-otherwise-boring-oscars/
Ready for more pandemic lockdowns?
The Financial Times
Coronavirus pandemic
Shanghai imposes lockdown as officials struggle to contain Covid outbreak
China’s financial centre hit by panic buying ahead of public transport shutdown and mass testing
A police officer guards the exit of a tunnel leading from the Shanghai’s Pudong area
A police officer guards a tunnel leading from Shanghai’s Pudong area, which was placed under lockdown on Monday © Qilai Shen/Bloomberg
Thomas Hale and Hudson Lockett in Hong Kong 2 hours ago
Shanghai pushed ahead with a stringent lockdown on Monday that will divide China’s biggest city into two zones, as authorities struggled to stem record coronavirus cases in the country’s most important financial centre.
The government will shut down public transport this week as it conducts mass testing across Pudong, the city’s financial district, located east of the Huangpu river. Similar restrictions will apply from April 1 to the district of Puxi, west of the river.
The measures, which marked the first time authorities in Shanghai have imposed a lockdown that confined residents to their homes, sparked panic-buying across the city as shoppers rushed to stock up on vegetables.
…
I can’t wait for the “Zero Common Cold” policy.
Denver, CO Housing Prices Crater 22% YOY On Soaring Inventory As Desperate Sellers Slash Prices Double Digits
https://www.movoto.com/co/80206/market-trends/
As one national broker explained, “Housing prices everywhere are tanking irrespective of interest rates.”
Angelo Giuliano
@Angelo4justice3
·
Mar 25, 2022
Ukrainian soldier using the phone of a dead Russian soldier to call the Russian’s mother and make fun of her and her son.
Disgusting
https://twitter.com/Angelo4justice3/status/1507361591418892298?s=20&t=vgwIGjVnd_jLUZLs1PkNhA
Buddhi
@buddhimedia
Best advice to solve the Russia-Ukraine Conflict was given by John J. Mearsheimer in 2015 which nobody listened.
“The West is leading Ukraine down the primrose path and the end result is that Ukraine is going to get wrecked.”
#RussiaUkraineCrisis
https://twitter.com/caitoz/status/1508070473510551558?s=20&t=vgwIGjVnd_jLUZLs1PkNhA
Just a note of caution to those expecting housing market changes favorable to buyers in light of increasing interest rates and the uptick in inventory:
• The policy makers, those on the congressional housing and finance committees (the true shot callers IMO), GSE leadership, and the FOMC members all have lots of stonks and real estate.
• Put yourself in their shoes. What would they/you do in order to maintain and boost prices in the stock and real estate markets while also increasing the number of transactions? They’re going to do their best not to harm themselves.
• Politicians look to election and sinecures; central bank employees look to sinecures on Wall Street; they all seek to improve their net worth.
For those of us from the last bubble peak who did not anticipate the government and central bank interventions, it’s worth keeping this data point in mind.
How do you know they’re not selling hand-over-fist right now as the Fed signals it will begin QT soon, just as soon as Nancy and Friends have divested their inflated assets to the Hodlers at peak financialization of every market?
“The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum — even encourage the more critical and dissident views. That gives people the sense that there’s free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate.” – Noam Chomsky
While I mostly disagree with the opinions posted here (mask / vax / covid hoax / Putin – and I’m even kind of a reformed bubbler), I certainly support people’s ability to express these ideas. The Internet at large is becoming ever more suppressed in terms of what can be said.
I have learned a lot here over the years, from being challenged in what I was thinking and then having to research to support my positions. Quite a worthwhile experience.
There is no crisis…. in falling housing prices.
Kensington, MD Housing Prices Crater 14% YOY As Soaring Inventory Sends Prices Diving Across Northern Virginia Area
https://www.movoto.com/kensington-md/market-trends/