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Buyers Are Saying I’ve Had Enough And Sellers Are Starting To Freak Out

A report from Market Watch. “Daryl Fairweather — Redfin’s chief economist, who also worked at the Boston Fed says we’re seeing early signs that the housing market is starting to cool, at least in pricey coastal metros. ‘Buyers in markets like Los Angeles, San Francisco, Boston and Seattle who have lost out on several bidding wars may find they’re facing less competition from other buyers than they were a month or two ago,’ says Fairweather.”

From Fox Business. “Real estate agent and Bravo’s ‘Million Dollar Listing’ star Kirsten Jordan signaled the market is entering ‘very murky territory.’ ‘There are sellers who got super, super overzealous. They were so excited about these numbers, and they thought that this was their opportunity to really make a killing. And now, they’ve gotten excited about maybe going out there and changing their lifestyle and buying something different, even if it’s downsizing, and it’s time to get realistic on pricing.'”

The Real Deal. “Redfin CEO Glenn Kelman believes a shift is coming. ‘Rates are probably six percent, inventories are increasing, sales volume will be somewhat fine, but prices are going to soften,’ Kelman said. ‘Buyers are saying ‘I’ve had enough’ and sellers are starting to freak out a little bit,’ Kelman said.”

From Yahoo Money. “If you bought a home during the pandemic, there’s a good chance you think you paid too much. Over one-third (36%) of buyers who closed on a home during the last two years believe they overpaid, according to a survey by Money and Morning Consult. That’s twice the percentage of those who purchased a home two to nine years ago and feel like they overpaid (18%), and more than double the rate of those who bought 10 or more years ago and think they paid more then they needed (14%).”

“Kurt Grosse, a realtor with Realty One Group in Las Vegas, was helping his daughter and her husband look to trade in their two-story house for a one-story home because their child has spina bifida, and they needed more space and easier access to outdoor spaces.After six months of competing against other buyers and multiple losing bids, they finally found a home last July that suited their needs. Not willing to let this one get away, Grosse’s daughter decided to offer $50,000 over the asking price and was able to purchase the home. After closing, they found out their offer was the only one made on the property. ‘In this case, it was worth the risk of over-offering for the house,’ says Grosse.”

From WINK News in Florida. “Snowbirds are heading home and that could have a positive impact on the housing market. Real estate agents say the market is starting to stabilize. We can’t miss the signs, traffic is better and we can get a seat in a restaurant. Most snowbirds have gone home for the first time in a while. ‘There are certainly signs of stabilization, for sure,’ said Jenny Moorhead, owner of Cornerstone Coastal Properties. Moorhead said demand is down, but not really. ‘And by that, I mean, there’s not 10 or 15 offers, there might be three or four that you’re competing with,’ said Moorhead.”

“The median price of a home in Lee County is now $499,000. In Collier County, that numbers $850,000. WINK News asked Rick Haas with Marzucco Real Estate about the prices of homes. ‘Price is starting to reduce; the only bad thing is rates are starting to go up. So, I tell buyers, now’s the time to buy and refinance in a couple of years,’ said Haas.”

The Dallas Morning News in Texas. “Dallas-Fort Worth has been seeing a dramatic increase in homes up for sale over the last few weeks as many sellers look to take advantage of the market while it’s still red hot. The number of active home listings the week of May 21 spiked 41.6% from a year earlier, the fifth consecutive week of gains, according to Realtor.com. Until April, the company had posted supply declines in D-FW every week since March 2020.”

“Mark Wolfe, broker and owner of Re/Max DFW Associates, said he has seen a significant spike in listings over the past few months. In his home city of Coppell, he said, there would have been only about five or six homes on the market at any one time a few months ago. In just five days earlier this month, he said, 21 homes went up for sale.”

“‘We’ve been a boom economy, and now with the economy showing signs of trouble, people want to still get the most for their dollar while they can if they think that the prices might go down,’ Wolfe said. ‘I don’t know if that’s going to happen. I doubt that’s going to happen.'”

KPIX 5 in California. “Realtors say the Bay Area’s housing market is experiencing a mild slowdown resulting in homes remaining for sale longer, giving would-be buyers a slight edge. ‘You should expect to see houses on the market for about 12, 15 days. A lot of my buyers are asking me, ‘Is there something wrong with the house?’ I told them, ‘Look there’s absolutely nothing wrong with the house. It’s just that the market is a little bit slower,’ said Sonia Vu with NextHome Lifestyles.”

“So, what’s the root cause? Realtors say as interest rates go up, the price of homes buyers can afford goes down. ‘I had clients who used to be able to qualify for $1.7M, $1.8M. But because of the interest rate increase, they now can only buy at $1.4M.’ Vu told KPIX 5. Some realtors say the market has reached an equilibrium of sorts. It’s not strictly a sellers’ or a buyers’ market, but somewhere in the middle.”

The Toronto Star in Canada. “Many homeowners have used HELOCs to make investments on a second property — allowing a homeowner to take out a second mortgage. But often times it uses a variable rate mortgage, not fixed. ‘As prices start to fall, are you going to find over-leveraged multibuyers unable to afford those increased payments? Will it bring more supply to the market? I think it’s an underrated possibility,’ said Eric Lombardi, housing advocate and founder of More Neighbours Toronto.”

“For those who have less income it isn’t the best time to buy property, Murtaza Haider, professor of data science and real estate management at Toronto Metropolitan University added. If home prices drop further, when it comes time to the closing date, appraisals can come back tens or hundreds of thousands of dollars short, leaving people scrambling to pay the difference or risk losing their deposit. ‘If this happens to someone who doesn’t earn a higher salary, they’re put in an incredibly tough position to make up for the shortfall,’ Haider said.'”

The Telegraph. “Property sellers in southern England are being forced to cut asking prices by 10pc as the housing market slows, while vendors in other regions have slashed values by as much as a fifth. The biggest discounts were concentrated in the markets that recorded the steepest house price growth in the last two years. Vendors in these areas are now slashing prices by nearly 20pc. Sarah Coles, of Hargreaves Lansdown, a fund shop, said: ‘Reality is starting to dawn in the housing market, as overly-optimistic sellers are being forced to knock tens of thousands of pounds off their asking prices.'”

From Voxy on New Zealand. “Homeowners are set to take a severe hit due to Labour’s economic mismanagement, with borrowers wearing the cost of the fight to control inflation, National’s Housing Spokesperson Chris Bishop says. ‘This will mean a major hit for Kiwi budgets. A household that has borrowed $700,000 would face annual interest costs of $42,000, meaning they would have to pay more than $800 a week before they even begin to reduce the actual loan.'”

“‘The pressure will be especially great for those who have recently entered the property market, with the Reserve Bank acknowledging that many first time buyers from 2021 will find it difficult to pay their mortgages and cover their other expenses. Kiwis are already paying more to cover their loans than they have in a long time. According to the Reserve Bank, the share of disposable income required to service a new mortgage is approaching 60 per cent, the highest it has been since before the Global Financial Crisis, under the Clark Government.'”

From News.com.au on Australia. “All staff members from a Gold Coast company were called into a board room meeting at lunch time on Thursday. By the time they left the room, they were all unemployed. All 15 of them were terminated on the spot after the company, Pivotal Homes, became the latest casualty in Australia’s struggling construction sector.The managing director, Michael Irwin, publicly announced just hours later that the organisation had gone into liquidation, citing rising labour and construction costs as the reason it was impossible to carry on. Staff had no warning that the business was doing badly, nor were they given any notice that they should start looking for jobs.”

“Tom Egan, the head sales manager for Pivotal Homes, said he and a dozen or so other staff members were ‘devastated’ by the company’s sudden collapse. ‘No one knew,’ Mr Egan, who has worked in the construction sector for 25 years, told news.com.au. ‘At 1.30pm [on Thursday] everyone was called to the boardroom. The liquidator advised that we were terminated. It’s devastating for everybody, you had staff there [who had been working for] up to 10 years.'”

“Dozens of angry customers have contacted Mr Egan demanding answers, even though he no longer works for the company. He said anyone left out of pocket from the collapse should get in touch with the liquidators, Chris Cook and James Robba of Worrell’s.”

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This Post Has 155 Comments

  1. ‘Not willing to let this one get away, Grosse’s daughter decided to offer $50,000 over the asking price and was able to purchase the home. After closing, they found out their offer was the only one made on the property’

    What a great UHS! Ever hear of an escalation clause? If yer the only bidder, stop bidding!

    1. $120 to fill up the van today.

      “This sucker could go down” — George W. Bush, 2008

  3. Las Vegas, NV Housing Prices Crater 29% YOY As Desperate Sellers Send Inventory Soaring And Prices Plunging Across Southwest States

    https://www.movoto.com/nv/89146/market-trends/

    As one broke seller lamented, “Whenever I think about how much money I lost on this house I just want to kill myself.”

  4. ‘The median price of a home in Lee County is now $499,000. In Collier County, that numbers $850,000’

    Jeebus.

    ‘Price is starting to reduce; the only bad thing is rates are starting to go up. So, I tell buyers, now’s the time to buy and refinance in a couple of years’

    You can always refinance. Where have I heard that before?

      1. Good luck doing that when you’re upside down.
        Hell of a good point which no one ever mentions. Banks don’t like 125% mortgage loans and Fannie won’t buy them.

  5. ‘The number of active home listings the week of May 21 spiked 41.6% from a year earlier, the fifth consecutive week of gains’

    Wa?

    ‘he has seen a significant spike in listings over the past few months. In his home city of Coppell, he said, there would have been only about five or six homes on the market at any one time a few months ago. In just five days earlier this month, he said, 21 homes went up for sale’

    It’s Harry Potter Mark.

  7. ‘You should expect to see houses on the market for about 12, 15 days’

    But snapped up? A million pesos over asking! You gotta hurry!

    ‘A lot of my buyers are asking me, ‘Is there something wrong with the house?’ I told them, ‘Look there’s absolutely nothing wrong with the house. It’s just that the market is a little bit slower’

    Sonia has a mortgage payment and is getting a little tetchy.

  8. ‘If home prices drop further’

    Further?

    ‘when it comes time to the closing date, appraisals can come back tens or hundreds of thousands of dollars short, leaving people scrambling to pay the difference or risk losing their deposit’

    Actually Murtaza, I think it’s both. They lose the deposit and because the a$$ pounding is so yuuge! they pay the difference, if the lawsuit succeeds.

    1. if the lawsuit succeeds

      When I bought the place I’m in now I wrote on the offer “Subject to my lawyer’s approval.” I figured that covered everything. The bank (essentially the seller) tried jerk me around to pay $1000 in seller’s fees. All I had t do was say I didn’t think my lawyer would approve of that and read my offer. End of story.

      I wasn’t living in the mania I guess. Thanks Ben.

  10. ‘The biggest discounts were concentrated in the markets that recorded the steepest house price growth in the last two years. Vendors in these areas are now slashing prices by nearly 20pc’

    I’m seeing this more, especially in K-da. UHS are saying, well these 25% a$$ poundings are happening where it got bat sh$t crazy!

  11. Too much crater to include China-ron above:

    ‘Ratings agency Standard & Poor’s on Monday downgraded Chinese state-backed property developer Greenland over fears the company would default on a bond payment. Since a government drive to curb excessive debt in the property sector, China’s developers have sagged under the weight of massive borrowing which funded their building sprees.’

    ‘S&P said in a note on Monday that it was downgrading Greenland from B- to CC as it believed the developer was “vulnerable to nonpayment of its senior notes upon maturity”.

    ‘Greenland, which counts the Shanghai municipal government among its shareholders, has asked for a one-year extension for a $488 million note due on June 25, Bloomberg reported on Friday. S&P said it viewed the proposal as a “distressed maturity extension”, and that it would “assess it as tantamount to a default” if completed.’

    https://www.macaubusiness.com/sp-downgrades-chinese-state-backed-developer-greenland/

    1. The thought crossed my mind that perhaps Winnie the Pooh’s lockdown-induced economic crash was intended in part to take everyone’s attention away from China’s real estate implosion.

      1. Winnie the Pooh’s lockdown-induced economic crash ‘

        They do stupid things over there didn’t Mao starve 40M farmers in a failed commune project . Culling the herd china style, in the west its more subtle .

        1. Over here part of the herd goes homeless and lives a hard life on the streets that ends early.

          Culling American style…

      2. Some of the Chinese I know in tier 1 cities are facing layoffs for the first time in their professional lives.

        Probably not the best time to own multiple empty apartment units!

  12. This is a grabber article.

    “Texas Democrat gubernatorial candidate Robert Francis “Beto” O’Rourke called for Communist-style gun confiscation during a recent town hall in San Angelo.

    “And I just took the position that may not be politically popular or maybe too honest that only should no one be able to purchase an AR-15 or an AK-47, because they’re designed to kill humans and that high-impact, high-velocity round will just tear up everything inside you. You’ll bleed out before we can get you back to life,” Beto said on May 21 at a town hall with veterans.

    “But I don’t think that the people who have them right now in civilian use should be able to keep them”

    https://www.thegatewaypundit.com/2022/05/texas-democrat-gubernatorial-candidate-beto-orourke-calls-communist-style-gun-confiscation-video/

    Grabbers gonna grab, and Glowies gonna glow.

    Some friendly advice, kids. Do not shoot up a grocery store, and do not shoot up a school.

    Be like Kyle Rittenhouse. Be like Kyle, and ventilate a few communists and pedophiles (redundant, I know).

    Kyle is a hero, Kyle is America’s son. Be like Kyle and be a winner 🙂

    1. For whatever reason, Butthole O’Roarke is the kind of guy everybody loves to hate…… the type you just want to throw rocks at. Kick his ass and watch him run home.

      Or is it just me?

      1. Those betaboy noodle arms of his couldn’t punch their way out of a paper bag.

        “They’re not sending their best”

  13. ‘District Attorney Chesa Boudin is a leader of the national movement for criminal justice reform. He could soon become a cautionary tale about its vulnerabilities.’

    ‘A well-funded recall campaign looks poised to unseat Boudin next week. Its outcome will echo across midterm elections, shaping the elected officials who determine how alleged crimes should be prosecuted amid the nation’s oscillating debate over public safety.’

    “There’s no question that if the recall in San Francisco will be successful, it will be the playbook going forward nationally for those who want to roll back criminal justice reform,” said Anne Irwin, whose California-based organization Smart Justice has spent money to defend Boudin and elect other progressive prosecutors.’

    ‘The campaign has become a sort of Rorschach test for how San Franciscans — and Americans — interpret rising anxiety about crime. The recall’s supporters see a reckless and incompetent prosecutor who has undermined public safety by prioritizing defendants, seeking lesser charges or avoiding jail time with pretrial diversion programs. Boudin and his backers warn that entrenched interests are exploiting fear and spreading misinformation to throttle a burgeoning national movement away from harsh sentences and over-incarceration.’

    ‘Less than three years ago, San Francisco voters defied the city’s political establishment and channeled a growing criminal justice movement by making Boudin — a former deputy public defender and son of two Weather Underground members convicted of felony murder and robbery for assisting with the getaway-van in a botched armored truck robbery — the city’s top prosecutor. Now polls suggest he is likely to lose his job.’

    “It’s not limited to San Francisco or L.A. We see it from coast to coast, and it involves attacking progressive, reform-minded DA’s,” Boudin said, arguing the recall “is designed to send a message not just to other district attorneys, but to other local officials here in San Francisco that if you take on the powers that be, if you try to effectuate system change, that they’re going to come for you, and they’re going to try to destroy your career.”

    ‘Jenkins made the opposite argument — that Boudin is undermining the larger movement. “if Chesa Boudin remains in office and San Francisco continues to decline and he touts this nationally as reform, I think then everywhere else pushes back,” Jenkins said. “Everywhere else that’s less liberal, less diverse, that’s entrenched in doing it the old way, is going to say, ‘Hell no, we don’t want to hear about reform. Look at San Francisco.’”

    https://news.yahoo.com/san-francisco-district-attorney-could-083100670.html

  14. Some good news for a Wednesday.

    Wall Street Journal — Cracks Appear in Western Front Against Russia’s War in Ukraine (5/31/2022):

    “Western European nations are losing appetite for sustaining a war they think is unwinnable and has reached a bloody stalemate that is draining European resources and exacerbating a looming recession.”

    https://www.msn.com/en-us/news/world/cracks-appear-in-western-front-against-russia-s-war-in-ukraine/ar-AAXV57x

    I don’t “stand with Ukraine” and I never will, because I am a United States citizen.

    Zelensky is not a Christian, and if you support him, neither are you.

    Russia is winning.

    1. This load of hooey passed quickly. Wa happened to my ghost o kiev? Video game “footage’? Dancing cow girl!

  15. This is a globalists rape kids article.

    “Growing Pains” star Kirk Cameron is making it clear that he’s not a fan of America’s public schools, echoing many far-right talking points when it comes to the dangers of teaching about equality, spinning it as dangerous indoctrination.

    In a recent interview with Fox News Digital, the actor says he believes public schooling advocates for a “far left agenda” that encompasses critical race theory, so-called “gender ideology.” All of this was in relation to his new documentary that promotes homeschooling, suggesting that parents taking charge of their children’s education is the ultimate solution.

    “The problem is that public school systems have become so bad. It’s sad to say they’re doing more for grooming, for sexual chaos and the progressive left than any real educating about the things that most of us want to teach our kids”

    https://www.salon.com/2022/05/31/kirk-cameron-public-school-grooming-far-left-agenda-crt/

    Globalists hate Kirk Cameron because he is a Christian. Globalists hate Christianity, hate the nuclear family, hate traditional gender roles, and hate anyone and anything that stands in the way of their onslaught of degeneracy.

    Globalists want to confiscate your children from you, and rape them.

    And I’m not afraid to say it. Globalists rape kids.

    1. “monthly mortgage payments represent 93% of income”

      Montage broker… Baby needs a new pair of shoes.

  17. This is a urine soaked mattress article.

    The Atlantic — How to Think About Personal Risk When COVID Case Data Can’t Be Trusted (5/29/2022):

    “What exactly is the average person supposed to do with that information? Many people know that COVID cases—as shown in all those jagged charts and splotchy, color-coded maps that decorate front pages—are likely underreported right now. That uncertainty makes calculating one’s own risk extra tricky. If cases could be 10 times worse than what you see on a graph, how do you know if your local outbreak is bad enough that it’s worth slapping your mask back on? Or, more drastically, canceling plans altogether?”

    https://www.theatlantic.com/ideas/archive/2022/05/coronavirus-cases-actual-hidden-surge/643123/

    This is a Mass Formation Psychosis.

    I read and post (barf 🤮) these Salon and Huff Post and Atlantic articles so that you don’t have to, and so we can mercilessly mock their authors.

    There are more people wearing masks while driving alone where I live now than a few months ago, because they are inflicted with a Mass Formation Psychosis.

    After Dr. Robert Malone was a guest on Joe Rogan, Google manipulated their search results for Mass Formation Psychosis, because globalists can only operate hidden behind censorship.

    “They’re not sending their best”

  18. Another urine soaked mattress article.

    New York Times — Racist and Violent Ideas Jump From Web’s Fringes to Mainstream Sites (6/1/2021):

    “Despite some efforts by the largest tech companies to limit the spread of hateful content, it often remains only a click or two away.”

    The New York Times is globalist scum media.

    “As the number of mass shootings escalate, experts say many of the disturbing ideas that fuel the atrocities are no longer relegated to a handful of tricky-to-find dark corners of the web. More and more outlets, both fringe and mainstream, host bigoted content, often in the name of free speech. And the inability — or unwillingness — of online services to contain violent content threatens to draw more people toward hateful postings.”

    Did you know that the 2020 election was stolen? The New York Times won’t tell you that it was, because they are globalist scum media.

    “Many images and text that the young man had in his extensive writings, which included a diary and a 180-page “manifesto,” have circulated for years online. Often, they have infiltrated some of the world’s most popular sites, like Reddit and Twitter. His path to radicalization, illustrated in these documents, reveals the limits of the efforts by companies like Twitter and Google to moderate posts, images and videos that promote extremism and violence. Enough of that content remains that it can open a pipeline for users to find more extreme websites only a click or two away.”

    Did you know that the Southern Poverty Law Center was never elected to govern anything?

    “It’s quite prolific on the internet,” said Eric K. Ward, a senior fellow at the Southern Poverty Law Center who is also executive director at the Western States Center, a nonprofit research organization. “It’s not just going to fall in your lap; you have to start looking for it. But once you start looking for it, the problem is that it starts to rain down on a person in abundance.”

    https://archive.ph/RAfqC

    There is more truth to be found on 4chan than from the New York Times, because the New York Times is globalist scum media.

    And to the Glowboy getting paid taxpayer dollars to read this, your wife is getting plowed by Chad.

    The HBB is an America First blog.

    Unelected globalist bureaucrats, you have no legitimate authority to govern anything.

    The only good globalist is a dead globalist ☠️

    The 2020 election was stolen, and the punishment for treason is DEATH ☠️

  19. “‘Buyers in markets like Los Angeles, San Francisco, Boston and Seattle who have lost out on several bidding wars may find they’re facing less competition from other buyers than they were a month or two ago,’ says Fairweather.”

    Translation:
    1. CR8R
    2. Baked crow dinner for Chris Thornberg

    https://practicalselfreliance.com/eating-crow/

    1. “If you’ve followed this site for a while, you know I’m not squeamish about cooking up the hunt. I’ve got plenty of squirrel recipes, a groundhog recipe or two, and I even told y’all a story about the time a friend served us roadkill coyote at a gathering. Hunt what you eat, eat what you kill, simple enough.

      Then I found myself scrolling through our local fish and game website, and I came across crow season…

      Crow season?!?! Really??? That’s a thing?”

  20. This is a medical genocide article.

    Washington Post — Should parents boost their children now? There’s no straightforward answer:

    “The Centers for Disease Control and Prevention recommended last week that 5- to 11-year-olds receive booster doses if it’s been at least five months since their first two shots of the coronavirus vaccine. While this policy simplifies federal guidance — everyone 5 and older is now recommended to receive at least one booster — it doesn’t answer the pressing question on many parents’ minds: Should their child receive the booster now, or wait until the fall?”

    The Washington Post, which is owned by the globalist CEO of Amazon, Jeff Bezos, is advocating a medical genocide.

    “In studies of the 5- to 11-year-old age group, too few vaccinated individuals became severely ill to conclude that a third dose would further reduce hospitalization or death. However, a third dose substantially increased antibody levels, which, in all other age cohorts, correlated with protection against severe illness.”

    The Washington Post is advocating medical genocide.

    https://archive.ph/HfhyX

    The author of this article, Leana Wen, is advocating medical genocide.

    Google, Facebook, Twitter, Reddit, Youtube, every globalist / corporate media platform, whether print or broadcast or online, all of them are summarily advocating medical genocide.

    There need to be consequences, because they are responsible for a medical genocide.

    1. Oh for God sakes, the Covid vaccines are fake vaccines..
      They had pre knowledge by their animal experiments , by the animals dying, that this gene altering technology was unsafe and not perfected.
      So, under Emergency Use Authorization , over a contrived Pandemic, they unleashed this not fit for human consumption poison on the World.
      One big lab rat expierment on humanity.
      In a sane World, this junk would of been pulled by now pursuant to the unacceptable death and injury so far , they are trying to hide. The Pizler tests they didn’t want to release for 70 years showed unacceptable death and adverse effects rates.
      Don’t take anything anymore that they are peddling. Get use to it that the FDA and Government health agencies have been captured and corrupted and they aren’t going to protect you.

      I know its shocking and hard to believe . Its also shocking that criminals rigged the election and put the Puppet Biden and other politicians in power to further their destruction of the US.
      I don’t want to believe it, but I’m a realist .

      1. Horrendous. These people must pay.

        Dear Friends, Sorry to Announce a Genocide
        It’s Really True: They Know they are Killing the Babies
        Dr. Naomi Wolf |May 29

    2. Why do they keep thinking that COVID is going to increase in the fall? Unlike flu, the virus doesn’t die in the summer. Unlike Alpha, the Omicron variant likely spreads outdoors just as well indoors. If anything, we could see fewer cases in the fall. Everyone will be exposed in the summer fun and Vitamin D sun, develop antibodies with almost no symptoms, and be immune come fall.

      Am I talking out of my butt? Sure. But I’m doing no worse than Tedros.

  21. Wall Street Journal — In China, New Evidence That Surgeons Became Executioners (5/31/2022):

    “Eight doctors at the Tongji Medical College hospital in Wuhan, China, traveled 40 miles on March 18, 1994, to procure a heart from a death-row prisoner. But rather than wait until the judicial authorities had executed the prisoner, the doctors carried out the execution themselves—by heart extraction.”

    This is the country that globalists tell you that you are not allowed to offend.

    “In a large-scale review we conducted of nearly 3,000 Chinese-language clinical reports and published in the American Journal of Transplantation, we find surgeons acknowledging such actions again and again.”

    Every member of Congress who voted for the normalization of trade relations with China, every unelected globalist bureaucrat who enabled China’s admission to the WTO, this blood is on your hands.

    “The Wuhan doctors write: “When the chest of the donor was opened, the chest wall incision was pale and bloodless, and the heart was purple and beating weakly. But the heartbeat became strong immediately after tracheal intubation and oxygenation. The donor heart was extracted with an incision from the 4th intercostal sternum into the chest. . . . This incision is a good choice for field operation where the sternum cannot be sawed open without power.”

    This is a “bipartisan” consensus, that organs are harvested from the living. This is who globalists are, this is what globalists do.

    “By casually noting that the donor was connected to a ventilator (“tracheal intubation”) only at midsurgery, the physicians inadvertently reveal that the donor was alive when the operation began.”

    https://archive.ph/3iFcL

    Globalists gonna globe.

    1. “But rather than wait until the judicial authorities had executed the prisoner, the doctors carried out the execution themselves—by heart extraction.”

      That’s a pretty interesting culture they have over there!

  22. Silverdale Real Estate & Silverdale Homes for Sale, Price Reductions

    May 18, 2022 The Silverdale housing market is alive…although it’s being affected like all real estate markets in Kitsap County and the US.

    https://www.youtube.com/watch?v=jR6tDuLRDek

    12:42. UHS says it’s a strong sellers market even though a fifth of shacks cut their price.

  23. top quote from infowars site

    “HER PENIS YOU F***ING BIGOT”

    Newspeak: Woke BBC Altered Alleged Rape Victim’s Quotes to Not ‘Misgender’ Trans Attacker

    KURT ZINDULKA31 May 2022

    According to a report from the Times of London, the quotations were changed in order to not “misgender” the alleged rapist and to conform to the BBC’s style guide, which was developed with input from the Beeb’s “central diversity team”.

    Replacing references to “he/him” in the piece with “they/them” the article reads: “[They] threatened to out me as a terf and risk my job if I refused to sleep with [them]. ‘I was too young to argue and had been brainwashed by queer theory so [they were] a ‘woman’ even if every fibre of my being was screaming throughout so I agreed to go home with [them]. [They] used physical force when I changed my mind upon seeing [their] penis and raped me.”

    https://www.breitbart.com/europe/2022/05/31/newspeak-woke-bbc-altered-alleged-rape-victims-quotes-to-not-misgender-transgender-attacker/

    Breitbart London
    @BreitbartLondon

    BBC Edits Article to Admit Alleged Female Serial Killer Is a Biological Male

    https://twitter.com/BreitbartLondon/status/1506178871498055684?s=20&t=yMnJT-AKdGKkcxf2e8-ixg

  24. The One World Order, Great Reset masterminds will not be sucessful, in the final analysis.
    Mainly because they are bat shit crazy lunatics . That doesn’t mean they aren’t going to cause a lot of suffering and death to the pathway of their defeat.

    1. Glorified firewood is all lumber is. Firewood cut into neat rectangular shapes, but still firewood. This is why buildings made from the stuff burn so quickly, necessitating the need for costly fire departments paid for with property taxes. The initial investment in building with it might be lower than steel, concrete, brick, or stone, but the long term costs are much higher especially when factoring in depreciation.

        2. In many parts of the world they find plenty of ways to avoid using scarce wood products. Technically mud and stone should be cheaper than wood, people just become conditioned to expect certain things. The argument I hear mostly is that wood homes are more comfortable but I have lived in a modern masonry home and it seemed very comfortable to me and required less maintenance.

          1. In many parts of the world

            Here we are in the middle of an immense forest. If you just want a decent shelter from the weather you use what’s most economical.

            Unless you think the house will make you rich.

  26. JPM’s Jamie Dimon being more honest and forthright that i have ever heard. We need to have GS and one of the big European bank chiefs confirm and – the starting gun will be off.

    “You know, I said there’s storm clouds but I’m going to change it… it’s a hurricane,” Dimon said Wednesday at a financial conference in New York. While conditions seem “fine” at the moment, nobody knows if the hurricane is “a minor one or Superstorm Sandy,” he added.

    “You better brace yourself,” Dimon told the roomful of analysts and investors. “JPMorgan is bracing ourselves and we’re going to be very conservative with our balance sheet.”

    There are two main factors that has Dimon worried: First, the Federal Reserve has signaled it will reverse its emergency bond buying programs and shrink its balance sheet. The so-called quantitative tightening, or QT, is scheduled to begin this month and will ramp up to $95 billion a month in reduced bond holdings.

    “We’ve never had QT like this, so you’re looking at something you could be writing history books on for 50 years,” Dimon said. Several aspects of quantitative easing programs “backfired,” including negative rates, which he called a “huge mistake.”

    Central banks “don’t have a choice because there’s too much liquidity in the system,” Dimon said, referring to the tightening actions. “They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.”

    1. more …

      “That’s a huge change in the flow of funds around the world,” Dimon said. “I don’t know what the effect of that is, but I’m prepared for, at a minimum, huge volatility.”

      “I hate the word unprecedented,” Dimon said. “You’ve got to put this in the back of your mind, when we’ve seen things that have never happened before… you have to question your ability to predict” outcomes.

      https://www.cnbc.com/2022/06/01/jamie-dimon-says-brace-yourself-for-an-economic-hurricane-caused-by-the-fed-and-ukraine-war.html

      1. “I hate the word unprecedented,”

        Why not try, ‘Nobody could have seen it coming’, then.

    2. For those of you predisposed to thinking that ‘masters of the universe’ are coordinating, to manage political expectations of the 99% of us …

      We have Dimon, Sec of Treasury Yellen so far. Lets see who else speaks up this week. Would Powell ever admit that they f’ed up and it is causing problems for lower-income families.


      US Treasury Secretary Janet Yellen admitted Tuesday that she had failed to anticipate how long high inflation would continue to plague American consumers as the Biden administration works to contain a mounting political liability.

      “I think I was wrong then about the path that inflation would take,” Yellen told CNN’s Wolf Blitzer on “The Situation Room” when asked about her comments from 2021 that inflation posed only a “small risk.”
      The admission was the latest indication that the administration’s expectations of a normalizing economy were thrown into disarray by the continuing pandemic and the war in Europe.
      “As I mentioned, there have been unanticipated and large shocks to the economy that have boosted energy and food prices and supply bottlenecks that have affected our economy badly that I didn’t — at the time — didn’t fully understand, but we recognize that now,” she said.
      Yellen and other White House officials once framed inflation as a temporary side effect of the economy returning to normal following the pandemic, pointing to snags in supply chains and demand outstripping supply.

      1. “…it is causing problems for lower-income families.”

        Does that include the growing homeless population of U.S. citizens who are completely priced out of the housing market by real estate investors who used the Fed’s low-interest lending program to speculate in residential real estate?

        1. “They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.”

          Yep.

      2. “We have Dimon, Sec of Treasury Yellen so far.”

        I can’t recall ever seeing The President’s Working Group on Financial Assets members break rank and speak their concerns directly to the press like this.

        My interpretation: ‘Something wicked this way comes.’

    3. ‘Several aspects of quantitative easing programs “backfired,” including negative rates, which he called a “huge mistake.”’

      Jamie Dimon will be on the right side of history.

      Ben Bernanke, not so much.

    4. “You know, I said there’s storm clouds but I’m going to change it… it’s a hurricane,”

      I had similar thoughts when Lehman Brothers collapsed. It was like a large scale storm suddenly unleashed its uncontainable fury on global financial markets.

    1. You are very prescient PB – or was it a setup question 🙂

      Officially QT starts today June 1 – but not officially when they will start rolling off MBS, and when they will start selling MBS’s that have not matured instead


      From June through August the Fed plans to allow $47.5 billion of securities to roll off the balance sheet …

      QT will include $30 billion of US Treasury bills, notes and bonds, plus $17.5 billion mortgage bond for 3 months.

      Starting in September, the amount of QT will rise to $95 billion a month for a year, which would bring the total reduction in balance sheet to $1 trillion.

      This would be a significantly quicker pace than the Fed’s first attempt at QT between 2017 and 2019, when its balance sheet was reduced by $50 billion per month.

      Will the Fed pause its rate hikes if markets reach new lows? That is the trillion dollar question on everyone’s mind.

  29. The free sh!t fantasy is over. Time to actually do something for your pay:

    “Pretend to work somewhere else.”

    Elon Musk tells Tesla employees work from home is no longer an option.

    1. I love that. I sympathize with workers, despite owning a business for 25 years. However, I used to yell – “You see this schedule? This is not a suggestion.”

  30. One of my clients was planning an early retirement this spring. Since the stock market had a booboo, and his 401k followed suit, he’s now pushed retirement back a year.

    He’s counting on his $1.75 million house and bubble valuations in stocks and crypto to fund the whole thing. I anticipate that next year he’s going to be sorely disappointed as his net worth may be cut in half by then.

    1. If he’s drawing from a 401k, I assume he’s over 59.5 years old. Having a sizeable investment in stocks at that age is not advisable. Owning crypto at any age means he probably rides the short bus.

      1. drawing from a 401k

        Probably not if he’s still working, but he can “have” an account without drawing from it yet.

    2. Yeah, this stock market correction may have longer legs than any that anyone alive has ever seen before.

    1. These shootings are also used to drive the news cycle away from from otherwise newsworthy events, e.g., HRC greenlighting the Russia Collusion Hoax.

      1. “…HRC greenlighting the Russia Collusion Hoax.”

        And the Pulitzer-winning New York Times and Washington Post give the story legitimacy. It feels like this country is run by a select few who issue edicts that America’s managerial and professional class obey like a flock of Starlings in coordinated flight while the clueless rely on their pastor for information. Those who are able to connect the dots are resigned to lead lives of quiet desperation.

    2. VG book, read it way back.

      Eight years before the Trench Coat Mafia murders at Columbine High School, Cooper wrote: “The sharp increase of prescriptions of psychoactive drugs like Prozac and Ritalin to younger and younger children will inevitably lead to a rash of horrific school shootings.” These incidents, he said, “will be used by elements of the federal government as an excuse to infringe upon the citizenry’s Second Amendment rights.”

      IDK, If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

      I never understood why, as some backstories reveal, that if the killer(s) motivation was revenge against those who made them miserable, why didn’t they go after them?

      Some say the Columbine killers weren’t bullied at all, so motive?

      2. IDK but it sure seems like a lot of mass shootings during the Obama years and the Biden year with a 4 year MAGA pause in between.

  32. Another day in Joe Biden’s America:

    “A man stalked and raped a woman at knifepoint inside a Bronx park Tuesday morning in a disturbing daylight attack, police said.

    The fiend, armed with a knife, forced the woman to walk to St. Mary’s Park, where he brutally raped her and stole her debit card, police said.

    The rapist ran out of the park westbound on East 141th Street and then used his victim’s debit card to make a $3 purchase at a nearby deli”

    https://nypost.com/2022/06/01/nypd-says-man-raped-woman-at-knifepoint-at-nyc-park-in-broad-daylight-attack/

    “They’re not sending their best”

  33. How does that speculative 2nd home shack in the mountains look now?

    Tesla Inc Chief Executive Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees on Tuesday night and seen by Reuters.

    “Everyone at Tesla is required to spend a minimum of 40 hours in the office per week,” Musk said in the email.

    “If you don’t show up, we will assume you have resigned.”

          2. Self-selected and cost-effective. No severance packages and no outplacement services.

  34. The New York Post, despite being an alleged “conservative” news source, falls into line with globalist Uniparty when it comes to war propaganda.

    Ukraine losing ‘60 to 100 soldiers per day’ as Russia advances in Donbas (6/1/2022):

    “​In the battle with Russia, Zelensky said “God is on our side” while Putin represents the “dark power.”

    Yes, he literally thinks he speaks for God now.

    “We have to realize who is the dark power: It’s Russia,” ​Zelensky said. “And Russia is not going to stop in Ukraine, for sure.​”​

    It is time for Ukraine to surrender.

    “Zelensky also addressed the frequent attempts on his life by Russian agents, saying it shows Putin’s “weakness.”

    https://nypost.com/2022/06/01/zelensky-says-ukraine-losing-60-to-100-soldiers-per-day/

    Weakness? Asking for $7 billion a day of my country’s taxpayer money sounds like the real weakness.

    Russia needs to take this guy out. Stop killing 60 to 100 soldiers a day. Instead, capture Zelensky, and torture him, slowly, then kill him.

    You want to run your mouth like that?You deserve everything you’ve got coming, and worse, war pig.

    Russia is winning.

    1. Correction: $7 billion a month.

      And btw, Zelensky is a foreign national, he is not a U.S. citizen.

      Russia, please kill him. And then the adults in the room can all negotiate an end to the war.

      1. Zelensky looks to have failed at his global fundraising assignment as Western nations tire of his Drama Queen act. He may well find himself dispensable.

  35. I had to scroll past seven war propaganda articles at the top of the website of allegedly “progressive” news source The Guardian to get to this article.

    Republican party building an ‘army’ to overturn election results (6/1/2022):

    “The Republican party is building a grassroots “army” to target and potentially overturn election results in Democratic precincts, the Politico website reported on Wednesday, citing video evidence.”

    The 2020 election was stolen.

    “The alleged scheme includes installing party-trained volunteers prepared to challenge voters at Democratic-majority polling places, creating a website to put these workers in touch with local lawyers and establishing a network of district attorneys who could intervene to block vote counts.”

    The 2020 election was stolen.

    “Many Republicans still believe Donald Trump’s lie that he lost the 2020 election to Joe Biden because of widespread voter fraud. At state level the party has passed laws that make it harder to vote while pro-Trump candidates are running for positions that would give them control over future elections.”

    https://www.theguardian.com/us-news/2022/jun/01/republicans-plan-overturn-election-results-report

    The 2020 election was stolen.

    Do not fall for any Glowbait and do not get snared into any Glowtraps, which includes advocating for violence against any elected officials in the United States, or trespassing inside of the Capitol building.

    The 2020 election was stolen.

    All the globalist lies and propaganda will never change that, the irrefutable fact, that the 2020 election was stolen.

    Glowies gonna glow, but the 2020 election was stolen.

  36. Look at this nasty, nasty creature.

    And remember what happened to the disarmed population of New Zealand during the CCP Flu Scamdemic, which we will *NEVER* allow to happen in the United States.

    The Guardian — Biden praises Ardern for ‘galvanising action’ on gun control and climate change (5/31/2022):

    “Ardern’s trip coincided with the aftermath of the Buffalo and Uvalde mass shootings. The prime minister’s own history on gun control – banning most-semi-automatic weapons in the wake of the Christchurch mosque shootings, which killed 51 in 2019 – made the issue an unexpected focus of her trip, especially for Americans frustrated by a lack of legislative action on gun control.

    On mass shootings, Ardern said, “Our experience, of course, in this regard, is our own. But if there’s anything that we can share that would be of any value, we are here to share it.”

    After the meeting, Ardern said: “While in New Zealand we know we have more work to do on the issue of gun crime, we can share what we have learned through the changes we made.”

    https://www.theguardian.com/world/2022/jun/01/biden-praises-ardern-for-galvanising-action-on-gun-control-and-climate-change

    Your country is prison islands of medical tyranny.

    Americans don’t want to “share” anything this bony horsefaced skank is offering. Now kindly gtfo of our country, globalist filth 🖕

    1. I saw some of Biden’s praise for Ardern, the senile implant read words off his knee that had been written by his puppet masters.

      Biden Praises Prime Minister Of New Zealand For Efforts On Climate Change And Gun Violence

      May 31, 2022

      https://youtu.be/MNBvu7HRN_8

      1. They are lying so bad about the inflation rates.
        .
        At the grocery store I’m seeing on average about 30% to 100% increases.
        You know that gas is over 30% increase.
        And a weird thing is I hardly see any cops anymore.
        No traffic cops pulling people over giving tickets. Has anybody else noticed this?. Did they de-fund the police so much in blue States that they can’t cover traffic like they did before, or what?

        1. “No traffic cops pulling people over giving tickets. Has anybody else noticed this?.”

          In my part of Region IV (Jupiter Fl) I saw a Jupiter cop light up some dude who made a U turn at a red light while I was on my way home from an overpriced Wendy’s run Saturday night. In fact, they have cars pulled over all the time. The State Troopers have a turkey shoot between Jupiter and Palm Beach Gardens on I-95 two or three times a week and the Sheriffs Department keeps the booking blotter full so I would say that’s not the case in DeSantis country.

          Palm Beach Mug Shots is on Facebook.

          https://m.facebook.com/palmbeachmugshots/posts/

          PS

          I didn’t look at every mugshot or too closely but the cyber stalker from May 27 didn’t look too bad. 🙂

        2. It’s in the double digits already for sure, by simple arithmetic. And the central bankers’ freakout moment on relearning that inflation is very persistent once it kicks in, especially when backed with the support of a tsunami wave of Fed and federal stimulus monies, has only just begun.

    2. She might be a mini Big Mike. I’m not necessarily on board with all the transgender or replacement or clone speculation, as much as I love a good conspiracy theory; the song is apropos, 🙂

      New Zealand Jacinda Ardern’s liddle secret.
      a href=’https://www.bitchute.com/video/e4QtdaxMGQva/’>https://www.bitchute.com/video/e4QtdaxMGQva//a>

      You can look up “Liddle” reference and Adam Schiff if you’re curious.

  38. So, I tell buyers, now’s the time to buy and refinance in a couple of years,’ said Haas.”

    Same lie they told buyers 2006-2008. They never got a chance to refi. They did get a chance to lose their home.

    1. “They did get a chance to lose their home.”

      After living in their foreclosed shacks without making payments for four or five years all the while screaming … I’m a robo-signed victim and this house belongs to me.

      1. There She Is, Miss America lyrics

        There she is, Miss Deadbeat
        There she is, your ideal
        With so many Deadbeats
        She’ll take the town by storm
        With her all-American face and form
        And there she is
        Living for Free
        Screwing you and me
        Miss Deadbeat

      1. Sounds like if you aren’t actively gay, you probably don’t need to worry about getting monkey pox, similar to AIDS 40 years ago.

  43. Off topic, but a small victory for men today:

    A jury on Wednesday awarded Johnny Depp more than $10 million in his libel lawsuit against ex-wife Amber Heard

    Sue these #metoo skanks into oblivion

    1. Some age old wisdom for the younger guys, because it’s more important now than ever: “Never stick your d**k in crazy.”

    2. Johnny: $10M compensatory; $5M punitive to be reduced to $350K statutory cap.

      Amber: $2M compensatory; $0 punitive.

      Johnny nets $8,350,000.

          1. I watched most of it at 1.5-2x with LawTube. I needed the distraction. While I agree with 46&2’s advice, Amber’s crazy took time to show. Depp’s expert witness, Dr. Shannon Curry, was spot on! (54m25s)

  45. Here in MA, in a somewhat tony suburb a few miles from Boston a friend’s house just sold for 1.4K – 250K over asking price. They paid 600K in 2012, 40K less than asking.

        1. Yes oxide, based on the below:

          May 25, 2022. Sold (MLS) (Sold)
          MLS PIN #72952407
          $1,400,000

          Mar 21, 2022
          Contingent
          MLS PIN #72952407

          Mar 14, 2022
          Listed (New)
          MLS PIN #72952407
          $1,149,000

        1. A little bit ah appraisal fraud going on there eh?;)

          Lone Tree, CO Housing Prices Crater 19% YOY As Denver Suburbs Stagger On Soaring Mortgage Defaults

          https://www.movoto.com/lone-tree-co/market-trends/

          As a noted economist explained, “I can ask $50k for my 10 year old Chevy pickup but where is the buyer at that price? So it is with all rapidly depreciating assets like houses and cars.”

  47. There is an incoming globalist #Narrative

    At least 1 dead, multiple people injured after shots fired at medical building south of Saint Francis Hospital (6/1/2022):

    “At least one person is dead and multiple other people also have been shot in a medical building south of Saint Francis Hospital.

    Police believe that one of them is the shooter, Tulsa Police Capt. Richard Meulenberg said, adding that the shooter was reported down around 5:30 p.m. However, he was not yet sure whether the assailant shot himself or police officers shot him.”

    https://tulsaworld.com/news/local/crime-and-courts/at-least-1-dead-multiple-people-injured-after-shots-fired-at-medical-building-south-of/article_7f7b4cdc-e1f7-11ec-bd98-e77f83e3435a.html

    1. “According to Tulsa City Councilor Jayme Fowler, the shooter was looking for a specific physician.”

      https://www.zerohedge.com/political/police-respond-shooting-hospital-describe-scene-catastrophic

      Bound to happen. Physicians who caused the deaths of loved ones over the COVID hoax will get targeted by the families left to deal with their murders. Personally, whatever the motive given by the lying and complicit media, I won’t believe it.

      If a doctor murdered my family I don’t know quite how far I’d go.

    1. The Financial Times
      Hedge funds
      Hedge funds turn more bearish on stocks even after rough start to 2022
      Crispin Odey wagers ‘life is going to be much more difficult for investors’
      Crispin Odey, founding partner of Odey Asset Management
      Crispin Odey is among those who are bearish on the prospects for parts of the market
      Laurence Fletcher in London yesterday

      Hedge funds are growing increasingly pessimistic about the outlook for global equities, even though markets have already sold off sharply since the start of 2022.

      Top-performing managers including Lansdowne Partners’ Peter Davies and BlackRock’s Alister Hibbert have become more bearish on the prospects for parts of the market or on stocks overall, with high-growth technology shares a particular area of concern.

      “Life is going to be much more difficult for investors”, wrote Crispin Odey, founder of London-based Odey Asset Management, in a note to clients seen by the Financial Times. “Outages, shortages, strikes and war will come along.”
      …

  49. It sure seems like a lot of mass shootings during the Obama years and the Biden year with a 4 year MAGA pause in between.

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