A report from the Toronto Sun in Canada. "In a scenario that is no doubt…
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Some of these towns now have detached shacks selling for less than a year ago. Not just less than Jan-March, an entire year.
That’s what’s beautiful about the real estate market in the sticks – long time owners with free and clear properties, when they want to sell, will cut everybody else off at the knees and sell for any price they can get. It wipes out the whole place in one fell swoop.
I believe these places are in the metropolitan area, not the sticks.
‘Frisco native Nellie Bowles writes: “Once, when I was walking and a guy tore my jacket off my back and sprinted away with it, I didn’t even shout for help. I was embarrassed—what was I, a tourist? Living in a failing city does weird things to you.”
‘”Under Boudin, prosecutors in the city could no longer use the fact that someone had been convicted of a crime in the past to ask for a longer sentence, except in ‘extraordinary circumstances.’ Boudin ended cash bail and limited the use of gang enhancements, which allow harsher sentences for gang-related felonies. In most cases he prohibited prosecutors from seeking charges when drugs and guns were found during minor traffic stops.”
‘No wonder the Bay Area grew tired of this sort of insanity. But we won’t know till November whether many other cities and towns, as the media are abruptly concluding, have been mugged by reality.’
I was in the Baker neighborhood of Denver early this morning and it is overrun with homeless like I have never seen before.
There are blocks with someone sleeping in almost every available doorway, and the stench of urine is everywhere.
I only visited San Francisco once, in 2019, and experienced similar squalor around the Tenderloin and Civic Center.
In downtown San Jose, CA there is a public service (not police) that patrols the redevelopment sector for homeless sleeping in the alcoves, picks up trash and they have a truck with a pressure washer to spray away feces and urine.
I’ll just assume they’ll spin a narrative to support a Soros-backed DA.
“The Atlantic is a globalist rag.”
Yep, Steve Jobs’ widow.
‘Lumber futures slid to the cheapest since September as rising interest rates put a damper on the housing market. “The drag is things like inflation and mortgage rates are way up now,” said Russ Taylor, president of Russ Taylor Global in Vancouver. “That’s going to affect the new entry homeowner and it’s causing people to have second thoughts.”
‘The commodity’s collapse is a stark reversal from all-time highs set in 2021 during a pandemic-fueled homebuilding boom. U.S. home prices are up 42% since the start of the pandemic, which coupled with a rate hike is making housing unaffordable, according to mortgage data firm Black Knight Inc.’
This is what was so mind-blowing – in what universe does 42% make sense to anyone – let alone the 1000’s of PhDs at the Fed.
The commodity’s collapse is a stark reversal from all-time highs set in 2021 during a pandemic-fueled homebuilding boom. U.S. home prices are up 42% since the start of the pandemic, which coupled with a rate hike is making housing unaffordable, according to mortgage data firm Black Knight Inc.’
The commodity’s collapse
It’s below $600. Long term trend is $200.
Houses selling at 10, 20 x Household income with short term loans. Interest rates, gas, food, fart taxes up & up. It should get interesting trying to qualify at refi time.
Anecdotal observation: A big residential high density project in Smiths Falls Ontario appears to have stopped. They spent the winter furiously jack hammering the bedrock to put in foundations which have been poured. Now nothing. The developer said all the units were presold.
The town is nowhere near the GTA and lost it’s reason for being long ago.
Runs on Chinese local banks spur fears over health of regional lenders
The Financial Times|11 hours ago
Thousands of desperate depositors in China have been fighting for almost two months to recover their savings after a bank run that has raised concerns over the financial health of…
When will NYC renters make the connection between the Fed’s ultra-easy monetary policies & skyrocketing rents?
EXCLUSIVE: The rent is too damn high! NYC tenants are being pushed out of the market as median housing prices hit all-time high of $4,000-a-month: Costs in Austin and Miami are also surging up to 58%
Rent is out of control in Manhattan, Austin, Miami and across other major cities in the nation that are primarily reeling from the economic consequences of the pandemic.
Median rent in Manhattan hit an all-time high of $4,000 per month in May, a 40 percent increase from a year ago and beating out February’s high of $3,700, according to a new report from real estate brokerage firm Douglas Elliman obtained exclusively by DailyMail.com.
Our corrupt DoJ and FBI, while turning a blind eye to the really big criminals like Crooked Hillary, have become Deep State enforcement arms and regime protection forces like Stalin’s former NKVD.
Biden’s DOJ applies for gag order on indicted Trump adviser Peter Navarro over claims he is creating a ‘carnival atmosphere’ with his media appearances and accusing the FBI of a terrorist strategy
Jacinda Ardern has touched down in Australia ahead of a dinner and formal meetings with Prime Minister Anthony Albanese.
0 covid policy finally paying off?
~6000 cases per day
~13 deaths per day
~6000 cases per day
~13 deaths per day
And I’ll bet every Kiwi is jabbed and boosted. Their economy is in tatters and Ardern wants to tax farmers for cattle farts.
And I bet if elections held today, she would win handily.
Sadly, I agree. I think that the Great Reset won’t be imposed on us. The sheeple will beg for it.
Probably, but no celebratory AK47 gunfire in the streets.
Now that the globalists & their Democrat-Bolshevik Quislings have mastered the art of large-scale electoral fraud, while our captured institutions of governance turn a blind eye, the Orwellian creepiness from the Brandon regime is about to get a lot more pervasive.
Leaked documents expose US ‘Ministry of Truth’ — Analysis
Whistleblower disclosures suggest the government sought to ‘operationalize’ social media sites to combat supposed disinformation
According to documents leaked by Republican legislators, the Joe Biden administration had previously set broad goals for its Disinformation Board. This included using social media platforms in order to delete posts that were falsely deemed by government officials.
Soooo, libtard females…how’s the Build Back Better working out for ya?
The Great Tampon Shortage of 2022: The Supply Chain Problem No One’s Talking About
Some of these towns now have detached shacks selling for less than a year ago. Not just less than Jan-March, an entire year.
That’s what’s beautiful about the real estate market in the sticks – long time owners with free and clear properties, when they want to sell, will cut everybody else off at the knees and sell for any price they can get. It wipes out the whole place in one fell swoop.
I believe these places are in the metropolitan area, not the sticks.
‘Frisco native Nellie Bowles writes: “Once, when I was walking and a guy tore my jacket off my back and sprinted away with it, I didn’t even shout for help. I was embarrassed—what was I, a tourist? Living in a failing city does weird things to you.”
‘”Under Boudin, prosecutors in the city could no longer use the fact that someone had been convicted of a crime in the past to ask for a longer sentence, except in ‘extraordinary circumstances.’ Boudin ended cash bail and limited the use of gang enhancements, which allow harsher sentences for gang-related felonies. In most cases he prohibited prosecutors from seeking charges when drugs and guns were found during minor traffic stops.”
‘No wonder the Bay Area grew tired of this sort of insanity. But we won’t know till November whether many other cities and towns, as the media are abruptly concluding, have been mugged by reality.’
https://www.msn.com/en-us/news/opinion/media-declare-liberal-backlash-over-crime-after-san-francisco-recall/ar-AAYfwSB
Every D voter owns this.
I was in the Baker neighborhood of Denver early this morning and it is overrun with homeless like I have never seen before.
There are blocks with someone sleeping in almost every available doorway, and the stench of urine is everywhere.
I only visited San Francisco once, in 2019, and experienced similar squalor around the Tenderloin and Civic Center.
In downtown San Jose, CA there is a public service (not police) that patrols the redevelopment sector for homeless sleeping in the alcoves, picks up trash and they have a truck with a pressure washer to spray away feces and urine.
more:
https://www.theatlantic.com/ideas/archive/2022/06/how-san-francisco-became-failed-city/661199/
The Atlantic is a globalist rag.
I’ll just assume they’ll spin a narrative to support a Soros-backed DA.
“The Atlantic is a globalist rag.”
Yep, Steve Jobs’ widow.
‘Lumber futures slid to the cheapest since September as rising interest rates put a damper on the housing market. “The drag is things like inflation and mortgage rates are way up now,” said Russ Taylor, president of Russ Taylor Global in Vancouver. “That’s going to affect the new entry homeowner and it’s causing people to have second thoughts.”
‘The commodity’s collapse is a stark reversal from all-time highs set in 2021 during a pandemic-fueled homebuilding boom. U.S. home prices are up 42% since the start of the pandemic, which coupled with a rate hike is making housing unaffordable, according to mortgage data firm Black Knight Inc.’
https://finance.yahoo.com/news/lumber-price-gets-chopped-half-164656371.html
This is what was so mind-blowing – in what universe does 42% make sense to anyone – let alone the 1000’s of PhDs at the Fed.
The commodity’s collapse is a stark reversal from all-time highs set in 2021 during a pandemic-fueled homebuilding boom. U.S. home prices are up 42% since the start of the pandemic, which coupled with a rate hike is making housing unaffordable, according to mortgage data firm Black Knight Inc.’
The commodity’s collapse
It’s below $600. Long term trend is $200.
Houses selling at 10, 20 x Household income with short term loans. Interest rates, gas, food, fart taxes up & up. It should get interesting trying to qualify at refi time.
Anecdotal observation: A big residential high density project in Smiths Falls Ontario appears to have stopped. They spent the winter furiously jack hammering the bedrock to put in foundations which have been poured. Now nothing. The developer said all the units were presold.
The town is nowhere near the GTA and lost it’s reason for being long ago.
Runs on Chinese local banks spur fears over health of regional lenders
The Financial Times|11 hours ago
Thousands of desperate depositors in China have been fighting for almost two months to recover their savings after a bank run that has raised concerns over the financial health of…
When will NYC renters make the connection between the Fed’s ultra-easy monetary policies & skyrocketing rents?
EXCLUSIVE: The rent is too damn high! NYC tenants are being pushed out of the market as median housing prices hit all-time high of $4,000-a-month: Costs in Austin and Miami are also surging up to 58%
https://www.dailymail.co.uk/news/article-10897829/Renters-pushed-market-NYC-prices-hit-time-high-4-000-month.html
Rent is out of control in Manhattan, Austin, Miami and across other major cities in the nation that are primarily reeling from the economic consequences of the pandemic.
Median rent in Manhattan hit an all-time high of $4,000 per month in May, a 40 percent increase from a year ago and beating out February’s high of $3,700, according to a new report from real estate brokerage firm Douglas Elliman obtained exclusively by DailyMail.com.
Our corrupt DoJ and FBI, while turning a blind eye to the really big criminals like Crooked Hillary, have become Deep State enforcement arms and regime protection forces like Stalin’s former NKVD.
Biden’s DOJ applies for gag order on indicted Trump adviser Peter Navarro over claims he is creating a ‘carnival atmosphere’ with his media appearances and accusing the FBI of a terrorist strategy
https://www.dailymail.co.uk/news/article-10898019/DOJ-applies-gag-order-indicted-Trump-adviser-Peter-Navarro-prevent-carnival-atmosphere.html
Two globalist Quislings sitting in a tree….
Jacinda Ardern touches down in Australia to meet Albo
https://www.news.com.au/finance/work/leaders/jacinda-ardern-touches-down-in-australia-to-meet-albo/news-story/f8b17512830407e6d599c3a0587a425e
Jacinda Ardern has touched down in Australia ahead of a dinner and formal meetings with Prime Minister Anthony Albanese.
0 covid policy finally paying off?
~6000 cases per day
~13 deaths per day
~6000 cases per day
~13 deaths per day
And I’ll bet every Kiwi is jabbed and boosted. Their economy is in tatters and Ardern wants to tax farmers for cattle farts.
And I bet if elections held today, she would win handily.
Sadly, I agree. I think that the Great Reset won’t be imposed on us. The sheeple will beg for it.
Probably, but no celebratory AK47 gunfire in the streets.
Now that the globalists & their Democrat-Bolshevik Quislings have mastered the art of large-scale electoral fraud, while our captured institutions of governance turn a blind eye, the Orwellian creepiness from the Brandon regime is about to get a lot more pervasive.
Leaked documents expose US ‘Ministry of Truth’ — Analysis
https://www.massnews.com/leaked-documents-expose-us-ministry-of-truth-analysis/
Whistleblower disclosures suggest the government sought to ‘operationalize’ social media sites to combat supposed disinformation
According to documents leaked by Republican legislators, the Joe Biden administration had previously set broad goals for its Disinformation Board. This included using social media platforms in order to delete posts that were falsely deemed by government officials.
Soooo, libtard females…how’s the Build Back Better working out for ya?
The Great Tampon Shortage of 2022: The Supply Chain Problem No One’s Talking About
https://time.com/6184644/tampon-shortage-supply-chain/
Before we laugh too much, we need to remember that the regime wants scarcity in everything, including food.
Bethpage, TN Housing Prices Crater 28% YOY As Rural Lot And Land Prices Drop Like A Rock
https://www.movoto.com/bethpage-tn/market-trends/
As one Tennessee broker explained, “Know nothings with buckets of borrowed money got ripped off on land. I know first hand.”
Tucker Carlson: Why does Janet Yellen still have her job?
https://www.youtube.com/watch?v=E9Gn2dm0zSA&t=100s
So that Tucker can fill whole hour of his TV program?
Even Brandon’s media salad-tossers are starting to bail on him.
https://www.theepochtimes.com/more-members-of-white-house-press-team-departing-officials_4519482.html
Bushnell, FL Housing Prices Crater 23% YOY As Tampa Sellers Get Yanked Through A Knot Hole Backwards
https://www.movoto.com/fl/33513/market-trends/
As one south Florida broker conceded, “You would not believe the mess we’re in here. It’s a shit show of epic proportions.”