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The Bubbles In Assets From Stocks To Coins To Real Estate Are Fizzling Out

A weekend topic starting with WATN in Tennessee. “There’s promising signs the Memphis area housing crunch is easing up lately, compared to this spring and early summer. ‘Forget what happened two years ago and what happened last year, that’s over and it’s a different game,’ Integrity Mortgage Group Branch Manager Kevin Stafford said.”

Atlanta Magazine in Georgia. “‘Slowdown’ is relative,’ says Anna Kilinski, CEO of Anna K Intown/Keller Williams Intown.’I would describe it as ‘coming back down to earth.’ We’re coming off a market that didn’t make sense on paper, and we’re moving more toward a normal market. Nobody should be fearful of that.'”

CBS Minnesota. “‘We’re starting to see decreases as the market starts to stabilize and that’s because interest rates are up a little so sellers now recognize that they’re going to have to lower their price so people can afford homes again,’ said Chris Galler, CEO of Minnesota Realtors.”

From SNN News. “The Suncoast went from having homes selling like hotcakes, to not being able to sell many at all. In fact, three Florida areas rank among the hardest places to sell your home in America, according to a new study by luxury home brokerage RubyHome. Despite being one of the most popular places in which to move to, the Suncoast is the third most difficult place to sell your home. This area sees properties selling for $180,000 less than their listing price and ranks 15th for percentage of homes that have experienced a price cut during their listing.”

Community Impact on Texas. “Cedar Park is seeing the lowest median home price this year for July as prices in the city continue to drop, according to Austin Board of Realtors data. Cedar Park saw the lowest home price in July at $512,500. Housing inventory was on the rise in July, according to ABoR’s report. Leander and Cedar Park combined had a total of 868 active listings in July, compared to 320 in last July. In June, the two cities together had 710 active listings.”

KPHO in Arizona. “Eric Atencio with Valley King Properties said the slowdown in the Phoenix area housing market is directly impacting rentals. More homes are now listed for sale, meaning renters have more options, leading to more apartment vacancies, said Atencio. ‘Last week, I got contacted by another owner of another 400-unit property,’ said Atencio. ‘They had 40 apartments ready to be rented, so we’re definitely being contacted by landlords that need their vacancies filled. We are seeing that more than we have in the last three years.'”

The Review Journal in Nevada. “The average home price is down $17,000 from the all-time high set in May. The Las Vegas market has about 9,800 active listings, which is more than double the amount of inventory this time last year. With inventory set to continue climbing and prices and rates reducing, buyer activity may start to spark. As options increase, buyers can finally say goodbye to the wait lists and bidding wars, and hello to more freedom.”

The Marina Times in California. “We recently asked Ron Sebahar, a top-producing agent with Compass, to comment on San Francisco’s real estate market. ‘July definitely felt the effects of the increase in interest rates and a volatile stock market that caused a lot of chatter about a recession,’ Sebahar said. ‘This led to a fairly dramatic drop in sales volume, increased inventory, less overbidding, more price reductions, and lower appreciation rates. Meanwhile, San Francisco’s median home price was down year-over-year in July, from $1,850,000 to $1,680,000.'”

The Motley Fool. “House prices are crashing in Canada’s biggest cities. In Toronto, Vancouver, and elsewhere, prices are coming down, following decades of consistent gains. In July, house prices fell 5.3% nation-wide, with the biggest declines being recorded in large urban centres. Since the crash began in March, prices have fallen 22% from the $816,000 peak. Since February, Toronto has seen a staggering $395,000 decline in house prices. Vancouver, like Toronto, is seeing a significant housing correction this year. According to The Daily Hive, the average Vancouver home price is down 25% from the February peak. That’s well ahead of the 22% correction seen nationwide.”

The Globe and Mail in Canada. “John Pasalis is the owner of a Toronto residential real estate brokerage called Realosophy Realty. Q: How much of the house price surge of the past couple of years was based on economic fundamentals and how much on speculative frenzy? A: House prices were rising in the Greater Toronto Area before COVID, so part of this surge was driven by fundamentals. But the fact is that in many parts of the GTA, house prices nearly doubled in two years and this rapid rate of appreciation is not normal, it’s largely the result of a speculative frenzy.”

“A classic sign of a housing bubble is when more people start buying homes strictly as an investment versus as a place to live, and that’s exactly what happened. Recent research from the Bank of Canada found that the share of home sales to real estate investors grew faster than sales to end users over the past two years.”

The Reporter Ethiopia. “A year ago, Abraham Terecha called the credit department of the business where he now works as a branch manager to find out if he qualified for a mortgage loan provided to employees. He was overjoyed at hearing the news. A credit officer informed him that he qualified for a mortgage loan of up to two million birr. ‘The real estate market in this area is likewise ridiculous. A house that was originally going for 1.1 million birr saw its price increase by more than half that amount in just one month,’ remarked Abraham. ‘In the past, at least a banker with a mid-level position could purchase an apartment and now that you can’t get to it.'”

“Addis Ababa continues to have the busiest market for homes. The most expensive housing units are found in Lideta, Bladers, Gotera, and Gerji, areas that command greater prices than any other places in the nation, particularly when it comes to condominium homes. A one bedroom condominium house now costs as high as four million birr in these locations. It is two times higher than the price registered two yearsago. The figure is staggeringly high for two-bedroom condominium houses, reaching as high as six million birr, money that was enough to buy a luxury real estate apartment or a villa sprawling on 100 sq.m of land.”

“In an economy with a negative interest rate on deposits, it is typical to see people discouraged from saving money. ‘People would rather gamble their hard-earned money for a land without a title deed (commonly known as Yechereka Bet, literally translated as moon house), which is usually purchased from farmers even though this is considered as an illegal offense based on the constitution that prohibits transfer of land,’ added Tiruneh Assefa, an economist by profession, who believes buying properties proved to be the best venture to invest in, higher than what any industry pays, be it the banking industry or retail trade.”

Korea JoongAng Daily. “Leveraged investment was so heated in South Korea over the last three to four years that it produced new phrases like ‘soul-selling borrowing.’ It underscores the recklessness from the cheap liquidity binge after the 2008 global financial crisis. Squeezing out one’s soul to borrow money to invest in assets is bound to end in disaster. The dizzy rate increases by U.S. Federal Reserve would be just the prelude to the grim and messy consequences from a debt party. The bubbles in assets from stocks to coins to real estate are fizzling out.”

“Bubbles build up from asset frenzy. When debt piles up, so do interest costs. When money is too loose, prices go up. But the world often neglects such common sense. Animal instincts often prevail over reason and rationality. When borrowing beyond one’s means, one could be bombarded with interest costs. But blinded by greed and foolishness, many still take out loans beyond their ability. Excessive debt can always backlash. Real estate prices crash under soaring rates.”

“Since the outbreak of Covid-19 in March 2020, the U.S. government expanded fiscal spending in a colossal scale while the Fed kept benchmark rates at zero. South Korea also joined the trend. As lush liquidity fanned inflation, it sent central banks around the globe to hike their rates to fight inflation. As former U.S. Treasury Secretary Larry Summers has pointed out, authorities have missed timing for tightening.”

“Low interest rates heated the real estate market and fueled the pipe dream of making fast money through cryptocurrency. The bubbles are bursting as soon as rates are rising. Financing cost for mortgages are rapidly rising while the economy slows. Households must tighten their belts to pay for increased interest. Due to a terrible plunge in housing prices, long-tern lease prices are sometimes higher than the property prices. We must remind ourselves never to fall for the temptation of low interest rates.”

From ABC Business. “When Chanel and Mose Atigi made the decision to put their family home on the market, their property was appraised at $NZ120,000 ($133,000) more than the price it sold for just four weeks later. The couple live in Auckland — a city known as the ‘workhorse’ of New Zealand’s real estate market — where just a year ago buyers were easy to come by and reserves were easily met. This market leads the nation up and down house price cycles — as goes Auckland, so goes the rest of the country.”

“Right now, prices in the city are down 15 per cent from their 2021 peak. With three boys and a five-month-old baby girl, Chanel and Mose decided it was time to leave the city and move closer to family, but that meant putting their up for sale in a falling market. ‘With Auckland the way that it is at the moment — cost of living is rather high — we found ourselves pretty much working to survive and not really enjoying time with our kids and our family,’ Chanel said. ‘We were very nervous. When we first entered the market pricing was still pretty high and we just watched it dramatically drop over the period of our campaign. Every single week, we just saw it drop and drop and drop and it really did make us nervous, to the point where we didn’t know if we could sell at the end of the day.'”

“To Chanel’s immense relief, the property sold at auction and after a ‘premium appraisal’ above $NZ900,000, it closed at $NZ780,000. A price lower than their initial expectations, but also one they’re very happy with.”

“Steve and Nila Koerber are real estate agents and have seen firsthand how interest has dried up and how sentiment among buyers has changed. In previous years, their agency would have sold about 500 properties, but this year they are on track to land somewhere between 350 and 380 sales. When last year they each had six open homes every weekend, last weekend they had just two.”

“Steve admits he is a little worried as the couple must also now sell their own home. ‘I’m pretty nervous about doing that, but we do guide our clients that if you buy and sell in the same market, everything should be OK. So we’re just keeping that faith,’ he said. Steve said as agents, there was more work to be done to ensure every possible buyer was really ready to buy, because if finance fell through there was no longer a list of people willing to make an offer.”

“‘This time last year, a lot of buyers would have that confidence to go and bid at an auction and think to themselves, ‘well I’m going to find the deposit, I’m going to sell my own home,’ he said. ‘Today, it’s a little bit different. So we’re having to get closer to them, ask them about their deposit, where it’s coming from, have they got enough? So it’s a whole set of different questions and different circumstances.'”

“Chief economist at ANZ Sharon Zollner said there was not ‘a widespread expectation that they’re bottoming out yet’. With examples like the Atagi family home in South Auckland, one could be tempted to talk about a house price crash, but Ms Zollner said the price falls in New Zealand have been ‘incredibly orderly.’ ‘Someone made a little hole in the neck of the balloon and it’s just very, very calm,’ she said. ‘And it’s ideal really because New Zealand house prices are way out of whack with any fundamentals. They certainly have the potential to fall much more dramatically, but that very strong labour market means very few people are in a must-sell situation. The air is just coming very quietly out of the balloon.'”

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This Post Has 137 Comments

  1. The Suncoast is an area in Southwest Florida that includes the coastal areas of Manatee, Sarasota, and Northern Charlotte Counties. The Suncoast, originally referred to a broader portion of SouthWest Florida’s coast, but has been captured by the Sarasota and Manatee County media market.

  2. ‘Cedar Park saw the lowest home price in July at $512,500’

    Take a look at the graph. Cedar Park had just spent 3 months selling at 600k.

    DONG!

  3. ‘A one bedroom condominium house now costs as high as four million birr in these locations. It is two times higher than the price registered two yearsago. The figure is staggeringly high for two-bedroom condominium houses, reaching as high as six million birr, money that was enough to buy a luxury real estate apartment or a villa sprawling on 100 sq.m of land’

    Those Jerry bucks travel far and wide. This article is worth reading in full.

    1. These central bankers are filthy scvm. They knew exactly what they were doing. This was 100% intentional. These guys aren’t stupid. They used a respiratory illness to grotesquely inflate their net worths at the expense of society.

  4. ‘Last week, I got contacted by another owner of another 400-unit property,’ said Atencio. ‘They had 40 apartments ready to be rented, so we’re definitely being contacted by landlords that need their vacancies filled. We are seeing that more than we have in the last three years’

    Rents are down over 20% in Phoenix. We keep reading ‘the shift in shacks is causing rents to fall.’ No, as the AZ UHS pdf posted yesterday said institutional clowns had ‘saturated’ the rental market.

    How do those 4% cap rates look now?

  5. ‘Forget what happened two years ago and what happened last year, that’s over and it’s a different game’…’I would describe it as ‘coming back down to earth.’ We’re coming off a market that didn’t make sense on paper’

    Sound lending!

  6. ‘The average home price is down $17,000 from the all-time high set in May. The Las Vegas market has about 9,800 active listings, which is more than double the amount of inventory this time last year’

    It was down 10k, now 17k. Somebody make it stop!

    1. “which is more than double the amount of inventory this time last year”

      Inventory is low, inventory is low, inventory is low…..

  8. I came across this which shows just how bad things are:

    ‘TYLER, Texas (KETK) – Over the last few years, the housing inventory hasn’t kept up with demand. A new house listing would receive multiple offers in just hours, most above asking price, but now the market has flipped.’

    ‘Kelly Raulston with the Greater Tyler Association of Realtors says serious buyers are still buying. “The medium value is $311,000, so we have increased that by 22% in comparison to last year,” said Kelly Raulston, Chairman Elect, The Greater Tyler Association of Realtors.’

    ‘Raulston said they are even seeing an increase of homes going on the market. “We are up our inventory 43%,” said Raulston.’

    https://www.ketk.com/news/local-news/east-texas-housing-market-cooling-down/

    If you don’t know about Tyler, this may not mean much to you. This isolated sh$thole should never go up 22%. Never. Could the powers that be not notice this happening all over the place? And how could the appraisers do this without fraud?

    1. “And how could the appraisers do this without fraud?”

      The Magic.

      Axtell, UT Housing Prices Crater 23% YOY As Utah Housing Market Careens Off A Cliff

      https://www.movoto.com/axtell-ut/market-trends/

      As one national broker explained, “If you have a house you best get dumping it now if you expect to get anything at all for it.”

    1. The 2020 election was stolen.

      This isn’t Facebook, this isn’t Twitter, this isn’t Reddit, this isn’t YouTube. Here we can discuss without censorship that the 2020 election was, in fact, stolen.

      P.S. f* Joe Biden

      1. “The 2020 election was stolen.”

        – (Incomplete) list here of Biden’s “accomplishments:”

        – Afghanistan withdrawl
        – Southern border crisis (continuing)
        – Hunter Biden: The acorn doesn’t fall too far from the tree.
        – Anything to do with China.
        – Energy policy.
        – Inflation.
        – Student loan forgiveness (see Inflation).
        – Inflation reduction act, or BBB light. Blame the idiots in Congress also. This is also inflationary fiscal spending.
        – National clown-show.

        – Jimmy Carter is going to look like the best President ever compared to sleepy, creepy Joe.
        – It seems highly improbable that Joe Biden was legitimately elected to the nations highest office.

        “Don’t underestimate Joe’s ability to f*ck things up,” Obama told a fellow Democrat during the 2020 presidential primary.

        “When the righteous thrive, the people rejoice;
 when the wicked rule, the people groan.” – Proverbs 29:2

        1. “When the righteous thrive, the people rejoice;
 when the wicked rule, the people groan.” – Proverbs 29:2

          A nice chaser!

    2. But…but…after Biden was fraudulently elected the MSM promised he would be the “Unifier in Chief.”

  10. Since February, Toronto has seen a staggering $395,000 decline in house prices.
    Maybe buying NTF doodles for $10K (yesterday’s post) wasn’t such a bad financial move after all. Personally I can’t even imagine ever paying $395K for a house. let alone having the value decrease $395K. Obviously I don’t live in CA.

    1. Personally, I can’t even imagine only paying $395K for a house because I live in CA. I’m waiting for even larger price drops!

    2. The latest BS from the REIC in the Toronto area is that asking rents are now up 20%. There are some job losses (starting with high tech) – wait until they pick up.

        1. Your mileage may vary. Coders are still in short supply, and my in box is still flooded with emails from recruiters. Apple is facing a revolt for trying to end WFH.

          1. The employees should ask, if we’re in a climate crisis, why does management want all those people back on the road? Throw this BS right back in their faces.

  12. Korea JoongAng Daily. “Leveraged investment was so heated in South Korea over the last three to four years that it produced new phrases like ‘soul-selling borrowing.’ It underscores the recklessness from the cheap liquidity binge after the 2008 global financial crisis. Squeezing out one’s soul to borrow money to invest in assets is bound to end in disaster. The dizzy rate increases by U.S. Federal Reserve would be just the prelude to the grim and messy consequences from a debt party. The bubbles in assets from stocks to coins to real estate are fizzling out.”

    “Bubbles build up from asset frenzy. When debt piles up, so do interest costs. When money is too loose, prices go up. But the world often neglects such common sense. Animal instincts often prevail over reason and rationality. When borrowing beyond one’s means, one could be bombarded with interest costs. But blinded by greed and foolishness, many still take out loans beyond their ability. Excessive debt can always backlash. Real estate prices crash under soaring rates.”

    “Since the outbreak of Covid-19 in March 2020, the U.S. government expanded fiscal spending in a colossal scale while the Fed kept benchmark rates at zero. South Korea also joined the trend. As lush liquidity fanned inflation, it sent central banks around the globe to hike their rates to fight inflation. As former U.S. Treasury Secretary Larry Summers has pointed out, authorities have missed timing for tightening.”

    “Low interest rates heated the real estate market and fueled the pipe dream of making fast money through cryptocurrency. The bubbles are bursting as soon as rates are rising. Financing cost for mortgages are rapidly rising while the economy slows. Households must tighten their belts to pay for increased interest. Due to a terrible plunge in housing prices, long-tern lease prices are sometimes higher than the property prices. We must remind ourselves never to fall for the temptation of low interest rates.”

    – Central banks are a global plague, a pox upon the world. Worse than the CCP virus. Jail would be to good for them. Governments were complicit. It was a global boom. Now enjoy the global bust.

    “Once a boom is well started, it cannot be arrested. It can only be collapsed.” — John Kenneth Galbraith

    “Genius is a rising stock market.” – John Kenneth Galbraith

    “Then the sh*t hit the fan.” – John Kenneth Galbraith, A Life in Our Times

    “The speculative episode always ends not with a whimper but with a bang.” – John Kenneth Galbraith, A Short History of Financial Euphoria

    “There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises

    1. “But the world often neglects such common sense. Animal instincts often prevail over reason and rationality. When borrowing beyond one’s means, one could be bombarded with interest costs. But blinded by greed and foolishness, many still take out loans beyond their ability.”

      Yes! A gift from God.

  13. The DJIA looks like one of those old film clips from the space race where a rocket ignites, tips over on its side and then explodes.

    1. Speaking of which, the SLS is scheduled for its maiden launch on Monday.

      If there is an Earth shattering kaboom, will SLS be cancelled?

      1. The VERY FIRST sentence on the special NASA page dedicated to the Artemis missions that will use this new system is this:

        “With Artemis missions, NASA will land the first woman and first person of color on the Moon, using innovative technologies to explore more of the lunar surface than ever before.”

        Eff this, I am contacting Lunar Land first thing on Monday and selling all of my holdings! (LUNAR LAND company is the world’s most recognized Celestial Real Estate Agency and has been selling land on the Moon for decades.)

        1. I am convinced that Artemis will never land on the moon. I’m not sure they really want to. They will probably be happiest if the launch is scrubbed because of some leaky valve and rescheduled for 2023 or beyond, because that will mean more funding and they all get to keep their jobs.

          Of course at some point, possibly this year, Starship will begin to fly and that will be the end of the SLS.

  14. COVID vaccines are deadly poison.

    Everybody who gets a “booster” this fall is going to die ☠️

    1. And for all practical purposes that booster will offer next to no protection. If anything, it will increase the likelihood of one becoming infected.

    2. They are going to use the gene altering
      technology in the regular flu shot, and God knows what else. ..

      At this point its not advisable to take anything offered from Big Pharmaceuticals, and that would include the children mandated schedule of vaccines.

      You might be safe with meds that have been around for a long time, that have passed the time test, I don’t know.

      For some reason they wanted to get this expiermental failed technology on the market, and get a jab into as many arms as possible.
      But, it’s Trumps Vaccine, yet this poison is still on the market , and they have made a updated shot to be pushed in the fall, with no trials required by the FDA at all.
      A medical system that has been compromised by Big Pharmaceuticals , with immunity on vaccines.
      A bought off press with fake narratives to push whatever fake narrative is asserted by …. THEM. Remember the monster movie called “THEM?”

      1. They are going to use the gene altering
        technology in the regular flu shot, and God knows what else. ..

        Yup. No more “innoculations” for me. Even if they say the vaccine is “old school” I simply do not trust them anymore.

        1. I don’t even think you can trust medications produced by them, forget vaccines no question.
          If you have a captured FDA, a take over of medical system by Big Pharmaceuticals, extortion of job loss to Doctors and nurses , , as well as bribery, you don’t have a viable medical system anymore.
          This was never more obvious than when the hospital system killed thousand of people by killer protocols, while they supressed and obstructed cheap safe meds that cured Covid.
          Big Pharmacy took over the medical system, the FDA, the news , bought off politicians , corrupted science , and Bill Gates was part of that corruption .
          Start trying to keep your health up , the good old fashion way, by good food and healthy life style.

      2. “They are going to use the gene altering technology in the regular flu shot…”

        I just got a flu shot at Rite Aid on Thursday, and felt totally like schitt all day, yesterday. I still got in my bicycle ride, but the god of the north wind was pissed-off for some reason. After the shower I passed out in the lazy boy for another two hours. I was not a productive citizen yesterday.

    4. Maybe that’ll add to the housing glut and I can snag a home for my family at a discount. 😂☠️

    5. Anthony Fauci will be missed but remember even though he’s leaving the public stage many of us will forever carry a bit of him in our hearts.

      1. “will forever carry a bit of him in our hearts”

        That would be funny but it isn’t since millions could die from this “vaccine” that is not a vaccine.

        Nuremberg Trials v2.0

        I personally volunteer to pull the lever on the trap door that sends this genocidal tyrant to hang on a rope.

        It’s a medical genocide. Fauci is guilty of medical genocide, and the Day Of The Rope is coming…

    1. Joe Biden: ‘Republicans Are Full of Anger, Violence and Hate’

      Says the guy who signed an edict that threatened me with being fired from my job if I refused the jab.

      I was fortunately able to remain a pureblood, but I will never forget that he tried to force me to receive an experimental vaccine, one I would have to sign away my rights of redress should it harm me.

      That alone, having to sign away my rights in order to receive it, was the biggest red flag I had ever seen.

      1. I will never forget how CNN was cheerleading taking the unvaxxed to camps, and talk about severe fines and penalties for the unvaccinated.

        For a time the unvaccinated was banned from restaurants, concerts, any normal commerce . Some of those creeps started pushing the unvaxxed should be banned from groceries.
        Losing your job if you don’t take a expiermental vaccine is outrageous punishment , and outright extortion.
        Corporations being enforcers for this poison vaccine. Gov workers and armed forces mandated into being lab rats .
        Biden claiming it was a disease of the unvaccinated, and shots are safe and effective and you won’t get Covid. The stupid masks that just obstructed normal breathing. Lockdowns that destroyed small business, and Mega Corporations !ooting of the tax coffers.

        Now its “Trumps Vaccine”, when he wasn’t even President when Biden tried to force a injection in every arm.
        Unbelievable.

        1. These crimes against humanity must be addressed, or these criminals will just continue to reek death, injury , mayhem and destruction on the Globe.

          1. I don’t think we can vote our way out of this. The Deep State is just too entrenched and will increasingly ignore orders from the executive and will disregard new legislation. It will take a wholesale house cleaning of government agencies, especially the alphabet agencies and the military. Perhaps defunding them will do the trick. That said, they will push back and I don’t think that a coup d’état is beyond them. In a way, they already are, as they are now wholesale demonizing all conservatives.

          2. Colorado,
            If the deep state is essentially government agencies or workers, than who or what infiltrated them to be treasonous to the USA?
            Than you wonder why JFK was intent on dismantling the FBI and CIA, before he got killed.
            Everything has become so corrupt that the deep state has to be dismantled and start from scratch with protections against corruption .
            Big, big big problem.

          3. “I don’t think we can vote our way out of this”

            4chan can help solve this.

            There are millions and millions of young men in America with no future, no hope, nothing to look forward to, and instead of doing dumb sh*t like shooting up a grocery store or a school, they can re-channel that energy into the targeted assassinations of middle tier Blue Checkmarks.

            Your defeatism regarding taking it to the 0.01% on this blog has been noted. Security details, bunkers, et cetera. All it takes is to flip one or a few of that security detail.

            Kill some Blue Checkmarks, do it like the recent car bombing of the Russian war advisor’s daughter, or better yet like how the cartels handle problem journalists down in Mexico.

            Send a message, send multiple messages. As the Weather Underground did in the 60s & 70s, “bring the war home.”

            DISCLAIMER: all posts on this topic are *satire* and refer only to hypothetical scenarios occurring within a hypothetical game of Minecraft.

          5. Your defeatism regarding taking it to the 0.01% on this blog has been noted.

            I said that we can’t vote our way out of this. Even if there is a red wave in November, the R’s will do nothing. Heck, I’m not convinced they want to win.

      1. United Airlines recently put together a dog and pony show where everyone involved with a flight: pilots, cabin crew, mechanics and other ground staff were all black women.

    1. It is painfully obvious that the left wants to plunge the west into a state of perpetual crisis: unaffordable housing, unaffordable energy, food shortages, lock downs, high inflation.

      There is a saying about not attributing to malice that which can be explained by incompetence, but in this case I am going with malice. If they were incompetent they wouldn’t be universally in power across all of the west. They want to shove the great reset down our throats and civilization approaching collapse is how they will do it.

  18. “Meanwhile, San Francisco’s median home price was down year-over-year in July, from $1,850,000 to $1,680,000.’”

    1-168/185 = 9.2% loss over one year.

    I’m guessing most of it was in recent months, since housing was red hotcakes until interest rates and inflation popped, and the Fed took aim at inflation starting earlier this year.

  19. “Steve admits he is a little worried as the couple must also now sell their own home. ‘I’m pretty nervous about doing that, but we do guide our clients that if you buy and sell in the same market, everything should be OK. So we’re just keeping that faith,’ he said.”

    What is it about collapsing market values that people don’t get?

  20. Something interesting that I happened across …

    At $249 per day, prison stays leave ex-inmates deep in debt

    https://apnews.com/article/crime-prisons-lawsuits-connecticut-074a8f643766e155df58d2c8fbc7214c

    (snip)

    Two decades after her release from prison, Teresa Beatty feels she is still being punished.

    When her mother died two years ago, the state of Connecticut put a lien on the Stamford home she and her siblings inherited. It said she owed $83,762 to cover the cost of her 2 1/2 year imprisonment for drug crimes.

    Now, she’s afraid she’ll have to sell her home of 51 years, where she lives with two adult children, a grandchild and her disabled brother.

    “I’m about to be homeless,” said Beatty, 58, who in March became the lead plaintiff in a lawsuit challenging the state law that charges prisoners $249 a day for the cost of their incarceration. “I just don’t think it’s right, because I feel I already paid my debt to society. I just don’t think it’s fair for me to be paying twice.”

    All but two states have so-called “pay-to-stay” laws that make prisoners pay for their time behind bars, though not every state actually pursues people for the money. Supporters say the collections are a legitimate way for states to recoup millions of taxpayer dollars spent on prisons and jails.

    (access the link to read the rest)

    1. That’s almost as bad as being a homedebtor when market values are dropping at double digit annual rates of decline.

    2. The Financial Times
      US Inflation
      Investors expect higher rates to persist after hawkish Jay Powell ends hope of Fed pivot
      US central bank chair sparks sell-off by vowing ‘unconditional’ commitment to quashing decades-high inflation
      Jay Powell walks in a hotel in Jackson Hole, Wyoming
      Jay Powell used his speech at the Jackson Hole symposium in Wyoming to stress that the Federal Reserve ‘must keep at it until the job is done’ on inflation
      Colby Smith in Jackson Hole, Wyoming and Eric Platt in New York 13 hours ago

      Investors are preparing for a longer period of high interest rates than expected after the US central bank chair delivered his most hawkish speech to date, vowing to ensure elevated prices do not become entrenched.

      Jay Powell on Friday put an end to any hopes that the Federal Reserve would step back from its dramatic tightening of monetary policy anytime soon, as he reaffirmed his “unconditional” commitment to tackling high inflation.

      “The theory of a dovish pivot has been squashed,” said Brian Kennedy, a portfolio manager with Loomis Sayles. “Powell is a creature of history and to me this is further confirmation that the Fed does not believe inflation is rolling over and going back to 2 per cent.”

      The eight-minute speech sparked a dramatic stock sell-off with the benchmark S&P 500 sliding more than 3 per cent — its biggest drawdown since the June rout, when $14tn in value was erased from the US stock market. Hopes that the Fed may relax its stance as the economy slows were shattered. All but six of the companies within the stock benchmark dropped, with shares of economically sensitive homebuilders falling nearly 5 per cent and chipmakers declining more than 6 per cent.

      Traders in futures markets shifted their bets as well. While they still expect the Fed to lift rates to between 3.75 and 4 per cent in the first half of next year, they began to dial back their wagers that the central bank would begin to start cutting rates later that year and into 2024 as they previously bet.

      “It could not be clearer that they are going to keep raising rates and running down the balance sheet until they get clearly on top of inflation,” said Bob Michele, the head of JPMorgan Asset Management’s global fixed income, currency and commodities unit. “This fantasy that they will start cutting rates a couple months after the last rate hike is nonsense.”
      …

      1. “Jay Powell on Friday put an end to any hopes that the Federal Reserve would step back from its dramatic tightening of monetary policy anytime soon, as he reaffirmed his “unconditional” commitment to tackling high inflation.”

        So Powell is saying the fed is exiting the flooring business? Bill Gross is going to schitt his Depend diapers.

    3. The Financial Times
      Global inflation
      ECB officials warn of ‘sacrifice’ needed to tame surging inflation
      Hits to growth and employment may be necessary says Schnabel as Villeroy de Galhau says inflation target ‘unconditional’
      Isabel Schnabel said European monetary policy would have to remain tight for an extended period of time
      Colby Smith in Jackson Hole and Martin Arnold in Frankfurt 3 hours ago

      A larger “sacrifice” will be needed to tame inflation than in previous bouts of monetary policy tightening, according to European Central Bank officials who warned that price growth risks spinning out of control if forceful action is not taken.

      Isabel Schnabel, an ECB executive board member, and François Villeroy de Galhau, governor of the Banque de France, said on Saturday that European monetary policy would have to remain tight for an extended period of time.

      Their remarks at the Jackson Hole gathering of central bankers from around the world in Wyoming, US, echoed those of Federal Reserve chair Jay Powell, who on Friday vowed to “keep at it” to quash inflation.

      The pace of price growth is running at a level not seen for decades in many advanced economies.

      “Central banks are likely to face a higher sacrifice ratio compared with the 1980s, even if prices were to respond more strongly to changes in domestic economic conditions, as the globalisation of inflation makes it more difficult for central banks to control price pressures,” Schnabel said.

      The sacrifice ratio measures how much pain central banks will need to inflict in terms of weaker growth and lower job creation in order to bring inflation back under control.

      Villeroy said there should be “no doubt” about the bank’s willingness to raise rates beyond the so-called neutral rate, a level that neither aids nor constrains growth. He estimated this rate to be between 1 and 2 per cent. Villeroy said it could reach this level “before the end of the year”, adding: “Our will and our capacity to deliver on our mandate are unconditional.”
      …

  23. Zuckerberg says Facebook censored The Post’s Hunter Biden stories because FBI warned of Russian misinfo ‘dump’

    By Bruce Golding
    August 26, 2022

    Facebook suppressed The Post’s blockbuster revelation of Hunter Biden’s infamous laptop in response to a vague FBI warning about possible “Russian propaganda” tied to the 2020 presidential election, according to founder Mark Zuckerberg.

    The tech billionaire and Meta CEO made the stunning claim during a wide-ranging, nearly three-hour interview in which he also admitted to podcaster Joe Rogan that he regretted the move and admitted that “it sucks.”

    “Basically, the background here is the FBI, I think, basically came to us — some folks on our team — and was like, ‘Hey, just so you know, like, you should be on high alert,’” Zuckerberg said on Thursday’s episode of “The Joe Rogan Experience.”

    https://nypost.com/2022/08/26/zuckerberg-blames-fbi-for-censoring-the-posts-hunter-biden-scoop/

    1. “admitted to podcaster Joe Rogan that he regretted the move and admitted that “it sucks.”

      Does the tech billionaire also regret this and think “it sucks”?

      White House not stolen, but bought with Zuckerberg’s money: Goodwin

      By Michael Goodwin
      October 16, 2021

      In “Rigged,” author Mollie Hemingway lays out what amounts to a fascinating alternative to the “stolen” charge. She presents a strong case that the $419 million that Facebook founder Mark Zuckerberg ostensibly spent to get out the vote was actually used by Democrat activists to infiltrate local election operations and take over jobs government workers were supposed to do.

      As Hemingway puts it in excerpts published by The Post, “It was a genius plan. And because no one ever imagined that a coordinated operation could pull off the privatization of the election system, no laws were built to combat it.”

      “The 2020 election wasn’t stolen,” Doyle concluded. “It was likely bought by one of the world’s wealthiest and most powerful men pouring his money through legal loopholes.”

      He also tracks the Zuckerberg groups’ promotion of universal mail-in voting, the push for unlocked and unwatched drop boxes and extended deadline

      https://nypost.com/2021/10/16/white-house-not-stolen-but-bought-with-zuckerbergs-money-goodwin/

    2. Cuckerberg has a face I’d like to beat in with a 1″ conduit bender.

      Let him start picking up his teeth from the ground, then start beating him again.

      2. Reminds me of the old onion article “At Least I Got My Ass Kicked By A Name-Brand Crowbar”. It was written before it went woke and is quite funny, somehow.

    1. Yahoo
      MoneyWise
      These top 5 housing markets are expected to crash first — do you live in one of these fast-growing cities?
      Brian J. O’Connor
      Sat, August 27, 2022 at 4:00 AM·5 min read
      These top 5 housing markets are expected to crash first — do you live in one of these fast-growing cities?

      Home prices have soared over the past decade thanks to an acute shortage of available homes, years of ultra-low mortgage rates and burgeoning demand for homes fueled by the economic recovery after the Great Recession and the lockdowns of the COVID-19 pandemic.

      That’s left home prices much higher than they should be in the long term — by about 15%, according to mortgage giant Fannie Mae.

      But that bubble may burst should the U.S. enter a recession in the near future. And certain especially hot markets will be impacted more than the rest of the country, according to the results of a new survey from Consumer Affairs.

      Except those markets may not be the ones you’d think.

      If you call one of these five cities home, you might want to prepare for your home’s value to take a tumble in the year ahead.
      …
      https://finance.yahoo.com/news/top-5-housing-markets-expected-100000465.html

      1. The big five doomed markets, according to the Yahoos:

        Austin
        Atlanta
        Bakersfield
        Los Angeles
        Albuquerque

    2. “Are you prepared for your home’s value to take a tumble in the year ahead?”

      If I wasn’t I would have sold it 6 months ago and put an obscene amount of cash in my pocket.

      Thing is, I like where I live and as long as Charlie Crist isn’t elected I expect that to continue. Decent house, decent hood, great location,, teenagers aren’t carjacking people, nobody is shooting up on the sidewalks or using them for a bathroom, you knock somebody out for no reason and you’re going to jail and you ain’t getting out.

      As far as all of that and the insanity of rising and tumbling prices I’m like Dorothy and Toto up in a tornado, looking out the window and watching all the crazy sh#t fly by.

      https://youtu.be/QFvVg_vxSmo?t=21

  25. Lennar Pioneer Floor Plan Investing in Las Vegas Real Estate New Home Sales Home with Guest House!
    Aug 24, 2022 This is the Pioneer floor plan from Lennar that has a multi gen 1 bedroom guest house attached to the home! This is a new home and new construction just finished being built. Standing inventory is where to get deal from Las Vegas new home developers right now.

    2,289Sqft 4 bedroom 3 bath I sold this home for $629,000 and original list price was $707,000.

    https://www.youtube.com/watch?v=4I7XKVRHmNE

    10 minutes. At 1:10, he lowers his voice, points at the shack next door and says ‘these guys paid $750,000.’ Then he starts touring the shack. About 10 feet between them.

    1. “Then he starts touring the shack”

      I can see the buckled laminate floor from the leaking hose in the laundry room and the hazmat crime scene cleanup team in the rented out in-laws quarters as if it already happened.

    2. So, IF the neighbors put 20% down, they’re under water? That didn’t take long. BTW, who would want to live in that god forsaken hellhole at any price? I get that it’s the desert, but the landscaping and colors are completely depressing.

      1. If they didn’t put 20% down, it’s subprime. These desert shack colors and landscaping don’t age well. I’ve worked on a lot of them. It’s all rocks, right? Every time it rains weeds sprout up everywhere once some dust builds up on top of the black plastic. I also don’t like stucco. It fades. Starts looking cracky, changes color from the bottom to the top. And you got one right after the other as far as you can see.

    3. I don’t wany any of this God forsaken smart crap on any house I buy. Are people that stupid?

    1. Ok, when I was a kid, the medical system was no big deal. Than they started offering super cheap medical insurance as a employee benefit. . That got people into the system .
      They on!y had a coup!e vaccines promoted and given at the public schools. None of this giving babies tons of vaccines.

      Mostly people wanted the insurance to cover the unexpected like a car accident, a broken leg, or pregnancy care, or a heart attack maybe . You were not required to have health insurance.
      People were pretty healthy during that period .
      Than the social conditioning started.
      Consult you Dr for everything, have year!y medical exams , etc , etc.
      Than Medical insurance Companies refused to insure people over 65. Than government stepped in and took over the higher risk for insurance claim 65 and older with Medicare. So insurance companies made much more money by the older people risk being transferred to Gov .

      In the 80’s Regan gave immunity to Big Pharmacy on vaccines, transferring damage from vaccines to Gov. The rise of the vaccine followed that immunity on vaccines by gov.

      In 1997 Big pharmacy allowed to advertise drugs , becoming the biggest advertiser, and biggest lobbyist in Washington DC.
      Obamacare passed , mandating health insurance, with payment being based on income, not health risk.
      Fast Forward to Covid and Medical system locked down the world, made you wear air obstructing useless masks , and tried to get you to take fake killer vaccines, or you could lose your job.

      I’m just saying that I watched this Medical system get socially engineered , as people got sicker and sicker, until pharmaceuticals were listed as the third and fourth cause of death in US , even before Covid.
      I still have to study how climate change became the greatest existential threat man has ever faced. So far it looks like another fraud to socially engineer global populations into deprivation .

  27. Small biz rent. I am not sure that i completely believe this survey – but if the number if even half that – it means that 20% of small biz are falling behind on their commercial rent. Wow!

    What does it all add up to? According to a new national survey of small business owners by Alignable, a big jump in August in the percentage of small business owner who couldn’t pay full rent in August.

    Nationally, apartment rental prices, which have soared, are among the inflation indicators that may have recently peaked. But the Alignable data shows that the rent inflation crisis for small businesses is actually getting worse. Forty percent of small business said they could not pay their rent in full this month, up 6% month over month and setting a record for 2022.

  28. Maybe a country on the verge of a mega-drought shouldn’t be importing millions of Democrat-on-Arrival new water consumers from south of the border.

    As Colorado River Dries, the U.S. Teeters on the Brink of Larger Water Crisis

    https://www.propublica.org/article/colorado-river-water-shortage-jay-famiglietti

    The megadrought gripping the western states is only part of the problem. Alternative sources of water are also imperiled, and the nation’s food along with it.

    The western United States is, famously, in the grips of its worst megadrought in a millennium. The Colorado River, which supplies water to more than 40 million Americans and supports food production for the rest of the country, is in imminent peril. The levels in the nation’s largest freshwater reservoir, Lake Mead, behind the Hoover Dam and a fulcrum of the Colorado River basin, have dropped to around 25% of capacity. The Bureau of Reclamation, which governs lakes Mead and Powell and water distribution for the southern end of the river, has issued an ultimatum: The seven states that draw from the Colorado must find ways to cut their consumption — by as much as 40% — or the federal government will do it for them. Last week those states failed to agree on new conservation measures by deadline. Meanwhile, next door, California, which draws from the Colorado, faces its own additional crises, with snowpack and water levels in both its reservoirs and aquifers all experiencing a steady, historic and climate-driven decline. It’s a national emergency, but not a surprise, as scientists and leaders have been warning for a generation that warming plus overuse of water in a fast-growing West would lead those states to run out.

    1. “After Nixing 50-Million-Gallon-A-Day Desalination Plant, California Demands Residents Use Less Water”.

      https://thefederalist.com/2022/05/28/after-nixing-50-million-gallon-a-day-desalination-plant-california-demands-residents-use-less-water/

      “Calif. Politician: Drug Cartels Illegally Draining Water Supplies”

      https://www.newsmax.com/newsfront/drug-cartels-california-water/2022/08/02/id/1081435/

      “Climate change is no excuse for California’s water issues. California’s reservoir levels are at a record low as the state is once again in a drought. This is not due to climate change — feckless state leadership is to blame.”

      https://www.washingtonexaminer.com/opinion/climate-change-is-no-excuse-for-californias-water-issues

      “Experience keeps an expensive school, but a fool will learn in no other”. — Benjamin Franklin

    2. As I mention above, their goal is calamity and crisis. They want us to beg for the great reset, just as the majority begged for the kill shot.

      1. Yep , a totally pre-planned forced GREAT
        RESET, that humanity never voted for. .

        A infiltration and corruption of global governments to implement the Great Reset, and build back better B.S. . .

        A deliberate tear down of all previous systems to make way for a One World Order dictorship.
        They want to destroy all sovereign nations, and any Constitutions that protect rights of Citizens. Total slavery with no choice.

        A One World Order, you will own nothing and eat bugs, under surveillance, with mandatory medical injection. They will trans human you against your will.
        I’m not making this up, this is the world they propose as ridiculous and shocking as it sounds. It looks like depopulation is part of the agenda, a big part of the agenda.
        Technology is to be used to defeat the human race , and save the planet for a utopia for a evil bunch of parasites , fraudsters and looters who amassed wealth and power.

    3. It’s been raining almost every third day here in quasi-desert Colorado where I am temporarily living. Where’s that water going? I’ve been hiking in a park with a river that’s overflowed it’s banks repeatedly.

      If they let the water out of the reservoirs, the water level goes down — duh. They’re doing this.

      When I lived in 85262, the big talk was re-filling the Rio with water so the Mexicans could have it back … and swim it.
      When I lived in 94022, the big talk was about little imperiled critters that needed fresh water to survive.

      I’d want to see how much they’re letting OUT of res’s before I panic over low water levels. It doesn’t ring true. All this rain has to go somewhere.

      1. Water rights is a complex issue in the west. People down stream have waters rights to rain that falls here, hence why some is released. Also, FWIW, the crisis is west of the continental divide, not east, so we can still water our lawns on the Front Range.

    4. Lake Mead gets most of the attention but The Great Salt Lake is worth a look too. Check out some of the most recent youtube videos of it. It is drying up and turning into a great salt flat. We live in interesting times.

  29. Re: Bubbles build up from asset frenzy

    Which, in turn, builds up from a bunch of morons goosing the market with unlimited funny money and then piously turning around and taking on themselves – not to undo the damage they have done – but to merely preventing it from continuing to get worse. To that end they periodically converge at a place called Jackass Hole to – like the Wizard of Oz – confer, converse and otherwise hobnob with fellow morons . . .

  30. It underscores the recklessness from the cheap liquidity binge after the 2008 global financial crisis. Squeezing out one’s soul to borrow money to invest in assets is bound to end in disaster.

    The gold collar criminals at the central banks need to be held fully accountable for this speculative malinvestment and the destruction they wreaked on the middle and working classes.

  31. “A classic sign of a housing bubble is when more people start buying homes strictly as an investment versus as a place to live, and that’s exactly what happened.”

    Interesting!

    Didn’t I recently read that one out of three recent US home purchases were as an investment, not as a place to live?

      1. Thanks for posting I don’t get to laugh that much anymore.

        Do you know what the four directions on a compass are?

        No sir. 🙂

        Just a guess.

        Left, right, up, down? 🙂 🙂

        I saw one of these earlier this week and they were asking 20 somethings what ocean was off the east coast of the United States?

        Four of them couldn’t answer.

  33. Ex-FBI Boss Shreds Trump Search Warrant: Feds ‘Going to Regret This’
    by Jamie White

    August 27th 2022

    Retired Assistant Director Kevin Brock, a 30-year veteran agent who rose in the ranks to become the bureau’s first intelligence chief under Director Robert Mueller, said the FBI should never have initiated a criminal investigation into Trump’s records dispute with the National Archives and Registration Agency.

    “I think they’re going to regret this,” Brock told the “Just the News, Not Noise” show on Friday after reviewing the FBI’s heavily redacted affidavit used to persuade a judge to sign off on the Aug. 8 raid of Mar-a-Lago.

    “I will caveat all of this by saying we can only see what we can see,” Brock continued, “but the first thing that jumped out to me is that the probable cause statement focuses on the nature of the documents, and where they are. But it doesn’t, at least in the unredacted portion, address the main element of the criminal federal statutes that they cite.”

    “The FBI should not have participated in this investigation,” Brock asserted. “It is something that needs to be settled along established routes in that regard that we traditionally used. There was no need for law enforcement involvement in this. And there was certainly no need for an invasive search for the residence. I think they’re going to regret this.”

    Brock also pointed out how the affidavit acknowledges that Trump has the power to declassify, and it did not characterize the documents in dispute as classified.

    “From what I can see, that’s not established in the probable cause,” Brock said. “And there’s an allusion to the argument from the Trump advocates that the former president has was within his authority to declassify and to establish what a presidential record is.”

    When asked if he would have authorized a search warrant on Mar-a-Lago, Brock replied: “No, frankly not.”

    “And it’s puzzling to a lot of folks who have been involved in search warrants for much more serious disputes, in white collar crimes where these things are settled in attorneys’ offices, and you don’t have to go in with an invasive search, contrary to the attorney general’s statement during his press conference that they’ve exhausted all other means,” Brock added.

    https://www.infowars.com/posts/ex-fbi-boss-shreds-trump-search-warrant-feds-going-to-regret-this/

    1. With my autistic son, we can’t just go to the pound. I need a dog that’s been bred for temperament on par with a service dog.

      1. “With my autistic son, we can’t just go to the pound”

        I moved to Florida in 1981 right after I married my first wife. We stayed with my sister and her husband who had a nice house with a pool in Tequesta. My brother and his wife came down the same week with their son who was 3 and their daughter who was about 8 months.

        It was a great week, they helped us find an apartment (about a 3 year-old pretty nice 950 sq. ft. 2 bed 1 bath in Juno Beach for $400 a month believe it or not) the girls went shopping (spent 1/2 the wedding present money we got on furniture 🙁 ) the boys went out in the ocean fishing, we all hit the beach, days hanging out by the pool throwing a ball in the water for my dog Clyde to retrieve. By the end of the week we were like one big happy family, or that’s what Clyde thought anyway.

        My brother and his family were leaving on Monday so Saturday night my sister got a babysitter for the kids and we went out to a nice place for dinner. Just before the appetizers arrived the manager came to our table and said she had an urgent phone call. Turns out the 8 month old who was sleeping in her crib when we left had started crying and Clyde who was laying in the doorway to the bedroom would stand, show his teeth and growl, when the sitter tried to go in. When she walked away Clyde laid back down, she came back same thing. Clyde didn’t know who she was and she wasn’t getting near that baby. My brother left the restaurant went to the house introduced the understandably shaken babysitter to Clyde and changed the kids diaper and the rest of the evening was fine.

        Clyde was a Black Lab who never bit anyone, loved kids, family and was fiercely loyal.

        You have a better grasp on what breed of dog is best for your family but whatever dog you get for your beautiful son I hope he has a little Clyde in him.

          1. I thought about this post last night and there is one other thing I should probably mention, Clyde was not the only Black Lab I ever had.

            Clyde was a Connecticut dog that moved to Florida, after I married my second wife and had kids we got Dozzer who was a Florida Black Lab who actually came from Loxahatchee Florida west of town which was where Marley from Marley and Me came from.

            Although good hearted and lovable, and he was loved, if you ever read the book or saw the movie he was a lot like Marley and thus probably would have been like a dog you may rescue from the pound.

            Anyway, best of luck finding a great dog for your family.

          2. Labs are the best (mine’s gone at least seven, prob eight years and I still think of him.) He was chocolate, very smart and nuts in the nicest way. Now I have cats and a lizard, but I think the lizard’s dead, because cats.

          3. Maybe I should explore labs. They require less grooming than goldens. I love Vizslas but they’re not a good fit either.

      1. NO! The puppies are raised with the potential to become service or therapy dogs. The breeder does a lot of work desensitizing them to sound and exposing them to all sorts of situations. Mind you, a fully-trained service dog can cost $30K. We went down this road 8 years ago. My mom got an Old Scotch Collie in 2014 to train but colon cancer derailed that plan. That experience also made my son fearful of dogs. In 2013, we had to euthanize our Jack Russell Terrier just shy of her fifth birthday because of aggression and biting. Needless to say, I’m a little gun shy about another dog but so miss having one. Hubby wants a Belgian Malinois; he grew up with a German shepherd. Herding dogs nip so I don’t think that’s a good fit. Of course labs and goldens are good family dogs, but American Goldens, in particular, have a high cancer risk. The English Goldens have more of a European bloodline and should be healthier. All bubbles pop, right?! I’ll need an extra helping of patience.

        1. If you go with a Lab, hide your shoes and tv remote controls. I talked to a woman who said her Lab was progressively eating her couch.
          Though prob true of many dogs. When we were kids we had Collies. When we’d leave the house, one worked on turning the coffee table’s legs into freeform sculptures.

          1. Collies and Goldens have too much hair. We had a Cocker Spaniel when I was in high school. Too much maintenance!

          2. “If you go with a Lab, hide your shoes and tv remote controls.”

            When Clyde was a puppy there were no tv remote controls, not at my house anyway. However there were shoes and he ate about ten of them, only one shoe from a pair though. He also ate the center out of a linoleum floor in the basement apartment we were renting before we moved to Florida. He did all his damage in his first year, old Dozzer had me cussing and shaking my head for over a decade.

            I remember when you had to put your dog down, IIRC it was hard on you 2 ways. Having to go through it and taking care of your daughter who was even more upset. All your planning that went well and then discovering after the fact the pup didn’t get a treat you had making a bad day worse.

          3. jeff, so nice of you to remember that after all this time (teared up…okay, I cried a bit.) I had a whole list of things I wanted to do for him, and we did them all, but I forgot the ice cream.

            Still, we should all go out as nicely as he did that day. I know you know, but for anyone else interested I had the vet come to the house to put him to sleep. I recommend it highly if you can get your vet to do it.

            Thanks, jeff 🤗

    1. “So instead of doing a full renovation, Curbio has begun shifting project types to more “refreshes” – like painting cabinets or refinishing hardwood floors. It dropped its prior $15,000 minimum price for projects and now 30% of its projects are under $15,000.”

      Way back when I was a high rise window cleaning contractor, I could tell the economy was slowing because my accounts receivable started piling-up from less than 30-days to over 60 even 90-days, i.e., their windows were getting dirty again, so I’d re-clean their entryway and lobby glass again before sending a reminder.

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