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People Are Selling Because The Banks Have Told Them They Have To

A report from the Colorado Sun. “If you’re house hunting, there are plenty of homes available in Colorado — nearly 10,000 at the end of March, which is up 41.8% from a year ago. Prices are a bit lower, too. In the largest market, median sale prices fell 12.6% to $650,000 in the city of Denver. ‘It’s like the heavens have opened up and a giant eraser has come down from the sky and is just kind of erasing all of the 2021 and 2022 madness,’ said Matthew Leprino, CEO of Denver-based real estate brokerage Remingo.”

The Gazette Journal. “Reno posted a median home price of $555,000 in March, up from $521,500 in February, according to the latest data from Sierra Nevada Realtors. The numbers are for existing stick-built, single-family homes and do not include condominiums, manufactured housing and new homes. After hitting an all-time high of $635,000 in June, the median home price in Reno has fallen five times in the last eight months in response to rising interest rates.Despite the increase, Reno’s median sales price is down year-over-year by 8% compared to March 2022. ‘We are still seeing the market in a correcting phase as we get further into 2023,’ said Sara Sharkey, co-president of Sierra Nevada Realtors.”

Houston Public Media in Texas. “The Houston Association of Realtors’ latest report on the market showed a more than 18% drop in homes sales last month compared to March of 2022. It is the 12th consecutive month of declining sales after the market turned red-hot during the pandemic. The new twist in this month’s report is declining home prices, something that hasn’t happened since the spring of 2020. The median price of a home in Houston dropped 3% in March, to $325,000. ‘It’s really hard to compare last year’s numbers to this year’s numbers,’ said HAR Chair Cathy Trevino. ‘Those weren’t necessarily sustainable. Those numbers were inflated because of everything that was going on.'”

The Real Deal on Illinois. “Owners of a lakefront Glencoe mansion aren’t willing to play the waiting game defining the North Shore’s high-end housing market, and instead are showing some flexibility with a hefty price cut. The home at 325 Shoreline Court cut its price by $1 million after sitting on the market since November. Originally seeking just under $8 million, the home is now asking $7 million, a 13 percent decrease. The five-bedroom, seven-bathroom modernist home, which has 130 feet of frontage on Lake Michigan, last sold for $5.1 million in 2019.”

“The home is one of many to reduce its asking price in recent months in hopes of attracting a buyer. Chicago’s most expensive listing, a massive mansion in Lincoln Park, underwent a $15 million chop down to $30 million earlier this year. Even the listings in Glencoe that are pricier than the Shoreline Court home have taken price cuts and have yet to identify a buyer. That includes the $12 million home built in 1936 for an executive of the Pabst Brewing Company, and an $11.9 million listing also on Lake Michigan’s shoreline that just chopped its ask this month from nearly $14 million.”

Bay Area Newsgroup. “California’s years of major population growth have ended, and a state forecast suggests that the numbers might peak by as early as 2030 and then start to decline. At the turn of the century, when the population was about 34 million, state forecasters were predicting 45 million by 2020 and 59 million by 2040. That isn’t happening. Instead, California’s population hit 39.5 million in 2020, dipped down to 39.0 million in the first two years of the pandemic and, according to data published by the California Department of Transportation, will max out at about 40.5 million by the end of the decade.”

“While the pandemic applied pressure to the brakes, the slowing in California growth began long before, which raises the question of how forecasters two decades ago so badly missed the mark. While it’s uncertain whether the state will continue to lose population, the days of rapid-growth projections are over. Which means we shouldn’t keep spending money on projects that relied on the forecasts of the past. We can’t continue to build more public projects without recognizing that the need for them and the population base that pays the required taxes will be flattening out. We’re in a new era, and it’s time we started planning accordingly.”

From CBC News. “The number of homes being sold and the prices they’re selling for are still dramatically lower than they were a year ago, but Canada’s housing market is showing signs of rebound this spring with prices and sales volumes inching higher in March compared to February. While prices inched up on a monthly basis, the average was still 13.7 per cent lower than it was in March of 2022. ‘People don’t want to put their houses on the market necessarily when the market is low, said Toronto Realtor John Pankiw. ‘Inventory levels are really low, and they continue to be low. But we’re we’re seeing a definite change in that.'”

“It’s a similar story on the other side of the country in Vancouver, where mortgage broker Simon Bilodeau says there’s a wide gap between buyers and sellers. ‘There’s a lot more clients these days,’ he told CBC News. ‘What we’re missing right now is just the sellers that are still not ready to sell, I guess.’ Robert Kavcic, an economist with BMO, said when the slowdown began last year, he was forecasting a decline of about 20 per cent for average prices. That’s just about what happened, with the average selling price topping out at $816,720 in February of 2022 and seemingly bottoming at $612,204 11 months later — a drop of 25 per cent.”

The Daily Mail. “Many of the country’s two million-plus buy-to-let landlords are reassessing their future plans in response to falling profits.The assault has come from all angles. Buy-to-let mortgage rates have soared since December 2021 as interest rates in the wider economy have risen. Taxation has also become a bigger issue as the Government looks to shore up its badly shot finances. Sarah, a landlord who requested anonymity, has owned a flat in Edinburgh since 2010 that she lets to holidaymakers and short-term tenants. She says many landlords in Scotland are considering holiday lets because new legislation means rent rises in the private rental sector are capped at 3 per cent for at least the next six months.”

“‘Landlords feel they have no rights in Scotland and the rent controls are another blow. I do holiday lets because there is more flexibility and I wouldn’t risk long-term lets,’ she says. ‘There is a glut of flats on the market in Edinburgh because landlords are getting out. Values haven’t gone up in years because of these draconian socialist measures implemented by the Scottish Government.'”

“Buy-to-let investor Neil France hopes that the UK Government will see sense and ease taxes for landlords. But if there is no change within the next 12 months, he will begin selling his properties one by one. He says: ‘I would lose so much money to the Government in tax. But if I don’t sell, I will not be making sufficient for the risk I’m taking. I would be very surprised if anybody today wanted to become an amateur landlord. The maths don’t work any more.'”

ABC News in Australia. “It’s been a few weeks since Anil Kumar Vemula learned the construction firm he contracted to build a dream home for his family had collapsed, but talking about it still causes him to break down. The father of two said he felt at a loss about what do next after being told by liquidators managing the collapse of Porter Davis that his $33,000 deposit had been lost. Mr Vemula spent three years saving up the deposit before signing a contract in September last year.”

“‘We have made a lot of sacrifices,’ he said. ‘They promised to build, but they didn’t do [it], not even a single brick, only on the paper.’ Mr Vemula was among dozens of people who gathered on the steps of the Victorian parliament to draw attention to their predicament and plead with the state government for help on Sunday. The collapse of Porter Davis has left about 1,700 home building projects in limbo, with the majority of those in Victoria and about 200 in Queensland.”

“For Mike Tarno, the hardest part of the Porter Davis collapse was not just the loss of tens of thousands of dollars, but the ‘shattered dreams’ of a project never realised. ‘You picture yourself in this beautiful house, this new place you would live in that you worked 20 plus years of your life to be able to get, and then it’s all gone down the drain, literally, overnight,’ he said. He said he his partner had lost $40,000 and felt like they had ‘wasted’ a year-and-a-half of their lives planning a home.”

Stuff New Zealand. “Listing a property under a mortgagee sale is not something real estate agents are queueing up to do, but then, as one agent says, no-one takes out a mortgage thinking that one day they won’t be able to pay it. ‘Mortgagee sales are problematic,’ says Darrell Paterson of Move Real Estate in New Plymouth, and the reason is there is often no access to the property, so buyers are going into a deal ‘sight unseen.’ ‘The buyer is taking a massive risk. The first time they get to see the property is when they open the door on settlement date.'”

“Paterson says mortgagee sales are not good for anybody – not the homeowners, agents, buyers nor the banks. ‘There’s a lot of pain and loss before anything happens. So, it’s never a happy sale. People are not selling because they’re excited about their future; they’re selling because the banks have told them they have to [have taken over].'”

“Steven Glucina of LJ Hooker in Ponsonby estimates mortgagee sale prices are often around 20% below RVs, depending on the area. Glucina says more recently, since the property downturn, there are lots of developers facing mortgagee sales – developers ‘who have bought a chunk of land and paid $3k a square metre, and they’re now finding they’ll be lucky to get $1500.'”

Related Posts

Waiting To See What Gives

A report from MarketWatch. "Momentum in the housing market has waned enough that it’s starting…

This Post Has 102 Comments

  1. ‘It’s like the heavens have opened up and a giant eraser has come down from the sky and is just kind of erasing all of the 2021 and 2022 madness’

    I still wonder why the media hasn’t asked, what the heck just happened? This was an abnormal event and it’s kinda waved off as ‘the madness.’

    ‘there are lots of developers facing mortgagee sales – developers ‘who have bought a chunk of land and paid $3k a square metre, and they’re now finding they’ll be lucky to get $1500’

    You gotta be in it to win it Steve.

  2. ‘It’s really hard to compare last year’s numbers to this year’s numbers…Those weren’t necessarily sustainable. Those numbers were inflated because of everything that was going on’

    Cathy, we’ve all agreed to pretend 2000 to 2022 never happened. Except for the lenders of course.

  3. Some replies on a Reddit thread titled: What is causing the general dissatisfaction with Denver recently in the public eye these days?

    “COVID killed a lot of neat little niche restaurants, breweries, shops, and other businesses. Homelessness skyrocketed and previously safe and enjoyable spaces are dirty and extremely sketchy. Lack of traffic enforcement between the initial COVID lockdowns and now police goldbricking means the roads are also way more dangerous than before.”

    “It is fentanyl and meth addiction – it is much more of new drugs impacting society and people getting addicted. There is a subculture around it. Yes there are homeless people in the system who got priced out or are temporarily homeless. The tent and burner RV dwellers are mostly white dudes who are drug addicts and embrace it as a lifestyle. This is the problem that needs to be addressed by the (nonexistent in Denver) criminal justice system.”

    “Honestly have you looked at most of the true homeless people living in tents or sh*tty RVs. It’s not rocket science that there’s a major drug component for that population. Perhaps statistically that’s not the majority, and I believe anyone who needs help should have access. But when I walk around Denver, the homeless I see are clearly tweaking or mentally unwell”

    “The people sleeping on the streets who make the city feel unsafe (note this definitely Isn’t all of them) wouldn’t be able to afford rent no matter how cheap it is. They’d rather commit crimes to support their habits and no amount of services/cheap housing is gonna change that.”

    ^California has entered the chat.

    “Everyone I know that visits, even people from Baltimore, Atlanta, Philly, DC, say that they’ve felt more unsafe walking around downtown Denver than they usually do in their own cities which have frequently suffered from negative perceptions due to crime.”

    “I wouldn’t call Denver “scarier” than NYC, but I’ve definitely had more close calls here than I ever did back home. I walked through plenty of “sketchy” areas late at night and did plenty of “no nos”, while never being bothered or even looked at. Walking along the bike path here sometimes feels sketchier than walking across the bridge from Icahn at 11pm. Here, there’s always something. Whether it’s some nutjob yelling, acting shady, or even trying to intimidate you. There used to be a guy I’d see every single night walking around swinging a bicycle chain and calling anyone he passed a “f*got”. Maybe I just wasn’t aware of it, but it’s like folks here are out looking to cause trouble, while back home, *you had to go looking for it.”

    “I’m from Chicago and same kind of deal. The bad parts of Chicago are definitely scarier than Denver, but it doesn’t feel like Denver has good or bad parts anymore. It’s just all kind of bad. So exactly like you said, Chicago can feel safer in a way because you can avoid the scary bullsh*t way easier than here”

    “Walking around Philly at night feels literally nothing close to as dangerous as this. I am talking about only perception. I feel in danger walking around Denver because there are frequent and recurring sketchy events and incidents that I don’t experience in east coast cities.”

    “I think it depends on what you mean by better and worse. I’m from Baltimore and considering moving back after visiting b/c I sincerely feel more unsafe walking around/living in Denver proper than I have in Baltimore.”

    1. COVID killed a lot of neat little niche restaurants, breweries, shops, and other businesses

      COVID didn’t kill jack, government dictators did.

      2. It’s Reddit.

        You have to remember the kind of people you’re dealing with here. They’re on Reddit, and they’re in Denver.

        You have no idea how bad, how internalized, the Mass Formation Psychosis is in Denver unless you live here. I see people walking outside alone, driving alone, while wearing masks every single day.

        1. Reddit is the worst people on the internet all in once place. And they can’t barely meme either.

          1. Foolishly, I’ve chimed in there. Handmaid’s Tale sub; talk about hysteria. They watch a show like that, yet they are all for censorship (re: Covid). They are dumb 🤢

    2. Denverites seem to be in denial just like folks from Chicago. There are a lot of problems in Seattle – but at least the citizens seem to understand and admit there is a huge homeless and drug problem. SF and LA are starting to come around as well to the size of the problems.

      Speaking to my Denver whole in-law family. Their friends and work colleagues dont want to admit the seriousness of the problem. Is it ego, not wanting to admit voting in politicians, or just a memory of a few years ago where Denver was such a nice city.

      1. “Is it ego”

        People in Denver, and especially those posting on the /r/Denver sub-Reddit, are so unjustifiably defensive about Denver despite the present social and economic conditions of the city.

        If they bought a house in 1995, or in 2012, they all think they are the greatest financial wizards that ever existed, just for the accumulated equity created by 14 years of Uncle Sugar money printing.

        Now their property taxes have gone up, and they receive ZERO SERVICES from the city. They voted almost 80% for Joe Biden in 2020 (actual votes, not the millions of stolen votes in other states) and by a similar margin for every state and municipal elected official.

        Colorado is the best example of: vote like California, become California. And they’ll never admit it. Orange Man Bad and Murder Muh Baby is what they consider an articulate political argument.

        I’m either moving to Colorado Springs or leaving the state in a few years, Denver is a failed city, and it’s never coming back.

      2. Their friends and work colleagues dont want to admit the seriousness of the problem.

        They’ll keep turning a blind eye at the spreading Hoovervilles, until one appears in their neighborhood. Then they’ll blame Mr. Orange.

      3. “There are a lot of problems in Seattle – but at least the citizens seem to understand and admit there is a huge homeless and drug problem. SF and LA are starting to come around as well to the size of the problems.”

        I’ll believe that when one of those cities elects one Republican for anything.

        1. I grew up in a one party state. Had been since the war between the states. There were liberals and conservatives in both parties.

          1. Maybe things were different 40-50 years ago. Now one party is socialist and all about defund the police, the other isn’t.

        2. I’ll believe that when one of those cities elects one Republican for anything.

          I’ll believe it when they stop moving to the left. Witness Chicago, which replaced Mayor Frogface with someone even worse.

          1. It’s mostly a race thing in Chicago. I live near Chicago but lived there nearly half my life. The city is only 1/3rd white and nearly all of them voted for the other guy including the progressives (except teachers union members). It just wasn’t enough to overcome the fraud for Brandon.

          2. I’ve never believed the outcome of any vote for decades (at least the 70s) in NYC. Socially, I’ve run the gamut from poor to rich. From all these conversations, I can’t believe they voted D.

      4. Chicagoans aren’t in denial. They know it sucks. And they like it that way. The rest are fleeing. But it is easier to avoid the nonsense in Chicago. It’s very segregated here. The city is definitely changing and the northwest side is quickly become Hispanic as the whites flee. But I was in a trendy area last night for the first time in years on the north side and it was 100% safe but surprisingly slow. Most bars were nearly empty on a Saturday night in 80 degree weather. Me thinks it’s a sign that recession is coming.

    3. “…and now police goldbricking means the roads are also way more dangerous than before.”

      Goldbricking is the practice of doing less work than one is able to, while maintaining the appearance of working. —wiki

      1. It sure is trying to.

        Driving through downtown Denver afternoon last week rode by a fent addict sleeping / passed out / dead from OD in the median of 14th where it crosses Colfax, right in front of the State Capitol, Civic Center Park, and City Hall.

        Welcome to Denver: the City of Zero Consequences.

    1. The media is calling them “teens” now? The link I posted below called them “youths.”

      LMFAO@ could you imagine actually paying property taxes to the City of Chicago / Cook County?

      1. Lots of Chicago chatter today! Locally they’re called wildlings. This has been a problem since the summer of love. Honestly surprised it’s taken this long to make the national news media. Maybe the national news media will cover Mexican Independence Day this year. The wildings take over downtown for three days straight and make it nearly impossible to leave or enter as caravans of flag waving wildlings shoot at each other and drive on side walks and light off fireworks at all hours of the night next to million dollar high rise apartments. Police do nothing to stop it.

      2. The suburbs where I live don’t put up with any of this. Sure we are outnumbered but prosecutor kim foxx lost most of the suburbs pretty handily. She won because the city loves her. My suburb does its best to keep out the riff-Raff.

  5. Today is Orthodox Easter in Russia, and today we pray for Russia.

    Russia Today — Ukraine will ‘disappear’ – Medvedev (4/8/2023):

    “Ukraine will disappear because its Western backers, the rest of the world, and even its own citizens have no need for the troubled country to keep existing, former Russian President Dmitry Medvedev has implied.

    “Why would Ukraine disappear? Because nobody needs it,” Medvedev, who now holds the position of deputy head of Russia’s Security Council, wrote in a post on the VK social network on Saturday.

    “The prospect of decisively planting Ukrainian blood-sucking parasites on the neck of the shriveling EU” is real and, if it happens, it’s going to signal the demise of the bloc, Medvedev warned.

    https://www.rt.com/news/574402-ukraine-medvedev-us-china/

    Blood sucking parasites, did you say?

      1. You may have #Noticed that the New York Times, Washington Post, and UK Guardian never post transcripts of what Medvedev or other Russian officials actually say.

        Russia Today reports it. And if you want to read honest discussions about it from U.S. citizens and other English speakers on the internet, you’re pretty limited to Gab, Bitchute, Western Rifle Shooters, and a few other platforms.

    2. It’s strange how we talk about certain groups and no one dies…..then a banker goes to work and kills 4 co workers and not word. I hate looters too but it seems the mass shooters get a pass.

    4. They’re called wildlings locally and this has been going on for years. The red line El train goes from the south side to downtown so the kids hop the turnstiles and ride downtown to cause mayhem. There no political will to arrest black trouble makers because the city/county is 100% black run.

  7. “If you’re house hunting, there are plenty of homes available in Colorado — nearly 10,000 at the end of March, which is up 41.8% from a year ago.”

    Where did the shortage go?

    1. 30% of Colorado Springs “homeowners” are already underwater on their houses. Wait until they stop making their mortgage payments on depreciating shacks.

  8. “California’s years of major population growth have ended, and a state forecast suggests that the numbers might peak by as early as 2030 and then start to decline.”

    Every artiicle I have read on the subject has said a net half a million or more Californians left since 2020. I am not an expert, but it seems like the peak is history and the decline is already underway.

    “Instead, California’s population hit 39.5 million in 2020, dipped down to 39.0 million in the first two years of the pandemic and, according to data published by the California Department of Transportation, will max out at about 40.5 million by the end of the decade.”

    How does dropping 0.25 million a year add up to a gain of 1.0 million by the end of the decade? Must be the governor’s new math.

  9. ‘the average selling price topping out at $816,720 in February of 2022 and seemingly bottoming at $612,204 11 months later — a drop of 25 per cent’

    That’s the whole country. Has anything like that happened in one year? Oh when is going back up?

    My question is, how did prices go up so much in a short time? Shouldn’t policy guys and regulators have an interest in seeing that never occurs again? There’s not even a discussion on it.

    I saw an article yesterday saying Austin went up 50% the year before the crater began. That’s nuts Jerry, and I say you knew it was.

  10. ‘It’s like the heavens have opened up and a giant eraser has come down from the sky and is just kind of erasing all of the 2021 and 2022 madness,’ said Matthew Leprino, CEO of Denver-based real estate brokerage Remingo.”

    Someone please kick Matt in the jimmies for using lame REIC shill analogies, then explain to him very slowly that this is true price discovery slouching closer as the long-deferred financial reckoning day closes in on the Fed’s Everything Bubble.

    1. I wish an INCALCULABLE amount of suffering on anyone who bought a house in Denver in 2022, if only because of their endless, insufferable smugness.

      These people all think they’re sh*t smells like a rose, because they bought a house in Denver, and participated in the obligatory social media circle jerk about their decision.

      Their developing sense of buyer regret is a better high than fentanyl or anything else could ever give me.

      1. Their developing sense of buyer regret is a better high than fentanyl or anything else could ever give me.

        Plus no risk of OD’ing.

      1. Hubby thought the pricing for a six pack was high but stiffing woke corporations is priceless.

  13. I have been looking at charts that list the number of cases of Covid and the number of deaths from Covid per Country Globally.
    The charts claim 658,588 million cases of Covid with 6,897,012 Covid deaths..

    The chart listed 106,463,581 cases of Covid in USA with 1,158,150 deaths, the highest number of any Country.
    In spite of China having about 1.4 billion people,and being ground zero for Covid,
    the Chart said they had 503,302 cases of Covid with only 5,272 deaths from Covid.
    Mongolia listed 1,007,943 cases with only 2,179 deaths.
    Canada was listed with 4,641,301 cases with 52,247 deaths.
    So, how is it possible that China has such a low death toll and US has the highest number of deaths globally.?
    Either China is lying about their death Count, , or this Panademic was a big fake job to achieve objectives. .
    In addition China doesn’t have the excess deaths the Insurance Companies are recording with the 18-54 year old thats taking place in the .USA.
    So, nothing adds up and fake news isn’t going to question anything.
    I think the transgender thing is designed to distract and divert from fake vaccine. massive death and injury
    ….. Vaccines still marketed as safe and effective, that they plan to put In everything, , while Gates and Fauci predict that a new Panademic is likely..
    And Climate Change is going to get you if you don’t eat bugs, have nothing , living in 15 minute City prisons, subjected to forced injections.
    They are fraudsters, criminals, psychopaths and genocidal nuts that need to be rounded up and destroyed.

    1. “rounded up and destroyed”

      The Day Of The Rope is coming, but it won’t come easily, because any time two or more people discuss actually taking action, at least one of them is a Fed.

      Lone Wolf action is the way. Speak to nobody, leave no digital footprints, and complete your mission (talking to you, 4chan).

      There are tens of millions of young American males with nothing to lose, who are passively allowing these Marxist globalists to destroy the nation their ancestors created.

      If only a fraction of a percent of them could put down the porn and weed and video games and junk food, get motivated, and decided to do something about it, even if it’s something as small as eliminating one journalist, things could change.

      Realistically, you have to start with lower profile, soft targets, then work your way up the food chain. “Taking out” the World Economic Forum is not going to happen overnight…

      1. This is nonsense. The power structures still remain and someone new will be in their place. That’s why the communist begs for organized revolution to dismantle and disrupt the existing order, even though they are the existing order. You’d be better off getting your normie bud light drinking neighbors to vote in a local election rather than this stupid lone wolf larping. That would be real change that’s legal and nonviolent. And extremely effective. Somebody has got to call out this stupidity.

    2. An alleged million US Covid deaths, yet the total number of deaths did not rise, UNTIL the jab became available.

      I remember the paid shill doctors on the nightly news screaming that hospitals were bursting at the seams with people dying of covid. During that time frame I drove two people to the ER for non covid issues. Both times the ER was EMPTY.

      This was the biggest psyop in history. And it was probably just the dress rehearsal for the real psyop that is coming: the climate lockdowns/great reset.

      I saw an interesting chart for what they want to do in the UK by 2050. Two bullet items that stood out:

      1) Close all airports. No more air travel for the proles, ever.
      2) No more shipping, because ships emit CO2.

      Britain is not self sufficient for food. No shipping means no food imports. Also how does a modern society get by without any imports? Machinery, parts, etc.

      Add to that a severe reduction in fertilizer production and Brits will be getting a lot thinner. Oh, and you can’t leave, because no airliners and no ships, though I suppose you could try swimming across the English Channel. The Chunnel? They’ll find a reason to close it

      1. hospitals were bursting at the seams

        Our regional hospitals were made full by staff reductions. If it’s not staffed, it’s not a “Bed”.

    3. It’s astonishing how little people know or care about how fraudulent covid diagnoses were. The PCR test is the ultimate scam and the media will never call it out.

      2. Never before were people without symptoms declared to be Covid transmitters, due to that fake PCR test they got millions of people to take.
        Not saying that something they called Covid didn’t exist, but it could of been targeted poisons or toxins that produced respiratory symptoms that would mimic a
        virus.
        I wouldn’t put anything pass them..

          1. That was truly disgusting. It demonstrated beyond reproach that from the perspective of our overlords, we are all expendable. I wouldn’t be surprised if they have a nuclear war plan, with an acceptable casualty rate in the tens of millions.

          2. Yeah, they went right for covert euthanasia in Britain with Matt Hancock and midazolam. That was probably kinder.

  15. ‘Originally seeking just under $8 million, the home is now asking $7 million, a 13 percent decrease. The five-bedroom, seven-bathroom modernist home, which has 130 feet of frontage on Lake Michigan, last sold for $5.1 million in 2019’

    Ennio Morricone – the ecstasy of gold

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

    3:45.

      1. Trust me, the north shore of Chicago is one of the most beautiful places in the country to live. Lake Michigan is beautiful. Old trees, massive homes, quiet streets, quaint downtowns, real beaches with sand.

        The north shore used to vote Republican up until about 20 or 30 years ago. Country club conservatives. Now it’s hardcore progressive which makes it unlivable.

        1. The north shore used to vote Republican up until about 20 or 30 years ago.
          And then most of them moved to DuPage county where they usually vote Republican. (Chicago is in Cook ?county)

          1. DuPage is now dark progressive blue too. Conservatives have fled the state. It’s mostly crazy people and illegal immigrant now. There’s a handful of nice established suburbs or city places to live, I live in one of them. But there’s a lot of democrat malfeasance and voters too. At this point I’m like a conservative in cali surrounded by libtards. Not easy to handle but I’m from here and I have family here with several kids in school. They find like minded people.

  16. Knowing what the Government has been lying to you about is a big problem.

    Graham: What MTG, Tucker Carlson Are Suggesting ‘Will Destroy America’s Ability to Defend Itself’

    PAM KEY
    16 Apr 2023

    Senator Lindsey Graham (R-SC) said Sunday on ABC’s “This Week” that Fox News Host Tucker Carlson and Rep. Marjorie Taylor Greene (R-GA) suggesting the Massachusetts Air National Guard airman allegedly leaking classified information was a good thing are destroying American’s ability to defend itself.

    Partial transcript as follows:

    JONATHAN KARL: I mean, as you mentioned, there are some on the right that are not only sugarcoating it but actually applauding him.

    GRAHAM: Yes.

    KARL: I mean take a look at what Marjorie Taylor Greene tweeted.

    GRAHAM: Yes.

    KARL: She said, Jack Teixeira is white, male, Christian and anti-war. That makes him an enemy to the Biden regime. And he told the truth about troops being on the ground in Ukraine and a lot more. I mean Tucker Carlson’s kind of turning him into a hero. What – what do you make of that? Why?

    GRAHAM: What they’re suggesting will destroy America’s ability to defend itself. That it’s OK to release classified information based on your political views. That the ends justify the means. It is not OK

    https://www.breitbart.com/clips/2023/04/16/graham-what-mtg-tucker-carlson-suggesting-will-destroy-americas-ability-to-defend-itself/

    1. Unless we change course and soon, America will collapse. It isn’t a matter of if, but of when. People like the Senator support the status quo. People like him are the problem.

        1. McCain was the absolute worst. This skit on what a lovely guy he was is the least of it. Since we’ve become a lot more inured to the language, so it’s probably not as funny as this was way back when.

          He Said It First | June 16, 2008
          https://www.youtube.com/watch?v=Euu_DMhsXQo

          Cindy lately: “We all knew what Jeffrey Epstein was doing.” We peons are limited as far as what can we do to fight child trafficking, but this bitch surely could have done something.

    1. A former supervisor had a Schwab widget on his Windows desktop. Amazing how that thing shaped his daily mood.

  18. Traditional Mongolian Cavalry performing Horseback Archery . Namnaa Academy archers .
    Altan Nergui
    Nov 27, 2021
    “When they come to an engagement with the enemy, they will gain the victory in this fashion. They never let themselves get into a regular medley, but keep perpetually riding round and shooting into the enemy. And as they do not count it any shame to run away in battle, they will sometimes pretend to do so, and in running away they turn in the saddle and shoot hard and strong at the foe, and in this way make great havoc. Their horses are trained so perfectly that they will double hither and thither, just like a dog, in a way that is quite astonishing. Thus they fight to as good purpose in running away as if they stood and faced the enemy because of the vast volleys of arrows that they shoot in this way, turning round upon their pursuers, who are fancying that they have won the battle. But when the Mongols see that they have killed and wounded a good many horses and men, they wheel round bodily and return to the charge in perfect order and with loud cries, and in a very short time the enemy are routed. In truth they are stout and valiant soldiers, and inured to war. And you perceive that it is just when the enemy sees them run, and imagines that he has gained the battle, that he has in reality lost it, for the Mongols wheel round in a moment when they judge the right time has come. And after this fashion they have won many a fight”

    Marco Polo on Mongol Military Tactics

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

    2:35.

    1. It wasn’t just the Mongols but all people of the steps: Cimmerians, Wusun, Parthians, Parni, Saka, Issedones, Massagetae, Scythians, Sarmatians, Sigynnae, Yuezhi, Hephthalites, Alans, Avars, Gepids, Goths, Huns, Rugians, Xiongnu, Cumans, Bashkirs, Burtas, Bulgars, Karluks, Khazars, Khitan, Kimaks, Kipchaks, Magyars, Uyghurs, Gurjars, Mongols, Turkomen, Nogais, Pechenegs, Tartars, Kalmyks, Kazakhs, Kyrgyz, Karakalpaks, Yörüks, Dzungar.
      Racially very diverse, from blue eyed blondes to very dark complexion and everything in between, including black dark hair and white skin + green eyes( you’ll never forget them) these were either born in the Eurasian steps or just migrated there and learned the trade from others.
      The absolute athletes that had to learn how to survive by riding, hunting, and herding, from Antiquity to High Middle Ages they were absolutely superior to any others through their skills, tactics, and endurance. They conquered any significant empire and became the dominant class until, through too much leisure, they became like the rest and were conquered by their brothers who stayed in the steps. Over and over again, this is practically the dialogue that defines history.
      The Mongols were just the latest of them, and more brutal in some ways, but still. One of many. They, too, learned their trade from the others, and the tactics was described century before Marco Polo’s legend was invented.

      1. Just an opinion. The Marco Polo legend could simply be a collection of stories from merchants along the Silk Road. It has never been verified in any significant way.

  19. “which raises the question of how forecasters two decades ago so badly missed the mark”

    This might be the easiest question to answer in the history of macroeconomics and socioeconomics.

    Forecasters didn’t foresee a total marxist takeover of the entire state.

    1. While it’s uncertain whether the state will continue to lose population, the days of rapid-growth projections are over.

      Cue the Critical Drinker’s maniacal laugh.

    2. California Über Alles Lyrics
      June 1979
      [Verse 1]
      I am Governor Jerry Brown
      My aura smiles and never frowns
      Soon, I will be president
      Carter power will soon go away
      I will be Führer one day
      I will command all of you
      Your kids will meditate in school
      Your kids will meditate in school

      [Chorus]
      California über alles
      California über alles
      Über alles, California
      Über alles, California

      [Verse 2]
      Zen fascists will control you
      One-hundred percent natural
      You will jog for the master race
      And always wear the happy face
      Close your eyes, can’t happen here
      Big Bro on white horse is near
      The hippies won’t come back, you say
      Mellow out, or you will pay
      Mellow out, or you will pay

      [Chorus]
      California über alles
      California über alles
      Über alles, California
      Über alles, California

      [Bridge]
      Now it is 1984
      Knock-knock at your front door
      It’s the suede denim secret police
      They have come for your uncool niece
      Come quietly to the camp
      You’d look nice as a drawstring lamp
      Don’t you worry, it’s only a shower
      For your clothes, here’s a pretty flower
      Die! On organic poison gas
      Serpent’s egg’s already hatched
      You will croak, you little clown
      When you mess with President Brown
      When you mess with President Brown

      [Chorus]
      California über alles
      California über alles
      Über alles, California
      Über alles, California

  20. My birth certificate says my name is Vernon, but you can call me David.

    Three decades ago this week, you burned our church to the ground, burned over two dozen children alive after poisoning them with gas. We will not forgive what you did to us.

    Brother Timothy didn’t forget.

    Go to the gym. Put down the junk, and go to the gym. You could become part of something bigger than yourself. Or you could go it alone like Brother Timothy and Uncle Ted did.

    Think about everything they did to you the last three years, and tried to do to you. And think about the next decade, it will only get worse. Until secession. National Divorce is the only way out.

        1. I have no suggestions, other than perhaps one of the founding fathers.

          If the war Vernon is promoting from his duck blind happens, my position will be weakened, because I won’t leave or buckle. I’m not a fan.

      2. “You could pick a better role model”

        Same could be said about an impatient government whose orders and thugs were IMHO resposible for the deaths of 22 children that day.

        I remember watching that fire on live TV at a remodel I was working on, gave me a sick feeling cause you knew what was happening inside.

          1. As a freshman in college, I didn’t watch it but still find it bizarre as an internet handle. Is Sparky’s next handle going to be Hale-Bopp?!?! That one hits close to home.

          3. There are vile stories about her (Janet Reno). Is there a term for females who like them young, similar to Tim Cook and his rumored love for Asian twinks.

          5. Is there a term

            For what shall it profit a man, if he shall gain the whole world, and lose his own soul?

            And she didn’t even gain the whole world. she was just the attorney general. Bust as I mentioned elsewhere, these people have an insatiable thirst for power, up until their final breath.

  23. The Hill
    Is there a worldwide run on the Bank of the United States of America?
    Opinion by Douglas MacKinnon, Opinion Contributor – Yesterday 9:00 AM

    In talking this week with a friend about the United States seemingly imploding from within across multiple sectors, my friend stressed: “It’s not just from within. There is a run on the United States from certain nations and business interests around the world. Just like there was a run on banks after the collapse of Silicon Valley Bank, many nations are either thinking about — or actually proceeding with — transferring at least a portion of their allegiance, assets and commitments from the ‘Bank of the U.S.’ to the ‘Bank of China’ or elsewhere.”

    This was not just some person sitting on a porch casually talking about current events while whittling a stick waiting for his Social Security or pension check to hit the mailbox. This was a former high-level U.S. government official, now a CEO, someone who sits on the boards of directors for multiple companies. He has massive real-world and business experience and believes the United State may be on the verge of collapse.
    …
    https://www.msn.com/en-us/money/markets/is-there-a-worldwide-run-on-the-bank-of-the-united-states-of-america/ar-AA19U2um?li=BBnb7Kz

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