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The Thousands Of Airbnb Listings That Evaporated Overnight Had Always Been Illegal But Managed To Survive Because They Were Legitimized By This Multibillion-Dollar Internet Platform

A weekend topic starting with the Capital Gazette in Maryland. “The Annapolis City Council is once again plunging into the morass of short-term rental legislation … and is once again stubbornly refusing to recognize the difference between owner-occupied and non-owner-occupied short-term rentals. Owner-occupied hosts offer a spare guest bedroom to a tourist. They share their coffee with their guests, breathe the same air, drink the same water and fall asleep under the same roof while listening to exactly the same noise. Put all of these factors together and the impact of an owner-occupied STR is completely different from the impact of an absentee-investor, non-owner-occupied STR on a neighborhood. These should be regulated differently. Nationwide, they are regulated differently.”

“From Baton Rouge, Louisiana, to Boston, from New York to New Orleans, from sea to shining sea, they are regulated differently. Baltimore knew this. Four years ago, when Annapolis passed its original STR legislation, it pretended not to understand. Baltimore passed its own STR legislation in 2018. Its solution was elegantly simple. It grandfathered in all existing non-owner-occupied STRs (showing respect for tens of thousands of dollars spent in property renovations), banned future non-owner-occupied STRs (residences should be for residents) and created a simple and friendly online-only registration portal for homestead-tax-credit holding, primary resident, owner-occupied hosts. No subsequent legislation was needed and no lawsuits were filed.”

“In Baltimore, from 2018 to now, the result of being friendly to the owner-occupied community was a rise in the spare-guest rooms on the hosting platforms and a gradual winnowing down of the grandfathered-in non-owner-occupied STRs. First came the posts on Facebook … ‘Why is the pricing algorithm dropping my rates? I can’t offer my STR for enough money cover my cleaning fees!’ And then came a different kind of post … ‘I’m selling my STR … Come get my couch, come get my table!'”

“Not so in Annapolis. The city’s legislation is almost the direct opposite of Baltimore. It allows everyone to own one STR. Everyone. EVERYONE. Not only that, but it requires ‘barriers to entry’ for owner-occupied STRs: home inspections of private homes (not required in Baltimore) and a Maryland State Sales and Use Tax ID (not required in Anne Arundel County). By driving the spare guest rooms off the platforms with over-regulation, and extending a welcoming hand to investors at the same time, the city might as well be shooting up a flare and shouting: ‘Hey! Come buy up housing units here and use them as non-owner-occupied STRs!’ And that is exactly what happened.”

From KPCW. “Utah policymakers originally hoped ‘accessory dwelling units,’ which are add-on apartments or guest houses at single-family homes, would ease the statewide housing shortage. In rural counties like much of Summit County, ADUs have served as living quarters for ranch hands who work on the same property. But other parts of the county are tourist meccas, where short-term or nightly rentals like Airbnbs and Vrbos are extremely lucrative. And if ADUs become nightly rentals, the housing crisis gets worse. It’s possible other ADUs will become long-term units, but the landlord KPCW spoke with said they’ll more likely operate by word of mouth. ‘It breaks my heart. They come down on the little guy every time and just stomp them into the ground,’ said the landlord who wanted to remain anonymous.”

“The Kem C. Gardner Policy Institute at the University of Utah estimated in 2022 that around a quarter of Summit County residences are short-term rentals. In Park City, 50% of units are STRs. Park City has more online STR listings than any other Utah city, with 3,922. The Snyderville Basin comes in second with 1,764.”

The Missouri Business Alert. “The City of St. Louis has its first restrictions on short-term rentals. Mayor Tishaura Jones on Monday signed two pieces of legislation making up the regulations. They were the product of nearly six months of work, with years of negotiations behind the scenes. ‘I want to be clear – short-term rentals are valuable for tourism,’ Jones said at a news conference and ceremonial bill-signing. ‘I can’t say I blame anyone for getting a glimpse into our beautiful historic neighborhoods. However, we also know that without regulations, short-term rentals can and have posed a threat to the safety of our neighbors and tenants alike.'”

“Before Monday, St. Louis had no restrictions on properties listed on platforms like Airbnb. Discussions about regulations started in 2018, and the effects of that lack of limits were laid bare in June, when one teen died and 11 more were injured in a shooting at a downtown party. That party wasn’t necessarily the straw that broke the camel’s back, said 4th Ward Alderman Bret Narayan, who maneuvered the proposals through the board, but it brought his colleagues’ attention to the problem in a tragic way.”

“‘Any time there’s a situation like that, I think it’s our duty as a legislative body to see if there are legislative fixes. We looked back at the data that we had from the building division and the police department on more problematic units, and we saw overwhelmingly, they were marketed as one-night stays,’ Narayan said.”

Bloomberg on California. “It’s a tough time to sell a mansion in Los Angeles. The market for the priciest properties in the city faces challenges such as a new tax on luxury sales and turmoil in the entertainment industry. Now, some homeowners are turning to another path to generate cash: Renting them out. This week, Rob DeSantis listed his seven-bedroom, 12-bath Manhattan Beach waterfront house for rent at $150,000 a month for leases of 90 days or less. The nearly 13,000-square-foot (1,200-square-meter) property is one of five he owns in California, said DeSantis, a serial entrepreneur who cofounded Ariba and was an early investor in LinkedIn Corp.”

“Los Angeles hasn’t been left out of the slowdown that’s gripping the US housing market as soaring borrowing costs sideline potential buyers. Home sales in the area are down 26.6% this year through September compared with the same period a year ago, according to data from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. Luxury home listings — with a median price of $13.25 million — languished on the market for 73 days, or twice as long as the average single-family house.”

“But the country’s second-largest city is facing added issues of labor strikes. While the studios and actors tentatively agreed to a new contract this week, the strife in Hollywood has upended production for months. Plus, Los Angeles has a new transfer tax on properties selling for at least $5 million. The so-called ‘mansion tax’ survived a lawsuit recently and now makes selling less profitable. It’s spurring some owners to find other ways to monetize their rarely used palatial properties.”

“‘A lot of owners took on homes and mortgages and extra vacation homes when lending criteria was easier,’ Patrick Michael, founder and chief executive officer of LA Estate Rentals, said in an interview. ‘I feel like everybody’s in panic mode now. Even wealthy owners are asking if I have anybody for their house.'”

“Michael said he currently represents about 250 short- and long-term rentals and added 10 properties in the last week of October. He estimates about $3 billion of luxury homes are available on the rental market in the LA area, a volume he compared to 2008 when he started managing rentals after the last housing bubble burst.”

“Finding renters who can afford to pay those prices isn’t easy. Zach Goldsmith, a broker with the Agency, said he’s struggled to lease properties in Beverly Hills and the Bel-Air district because there’s so much inventory on the market. The Hollywood strikes also snuffed out productions that rent high-end homes as locations. Plus, fewer out-of-town actors, directors and producers were demanding five-star, hotel-like living quarters for a few months stay during a shoot. ‘Because of the strikes, that well dried up,’ Goldsmith said.”

“Asking rents are falling as inventory swells and may drop as much as 35% in the next six to 12 months, according to LA Estate Rentals’ Michael. A five-bedroom, eight-bath modern Bel-Air home with a pool is on the market for $55,000 a month, after commanding a $180,000 price when it was rented to “a celeb client” this summer, he said. A six-bed, six-bath home in Beverly Hills is listed for $38,000 a month, down from $55,000 about six years ago. Most of Michael’s properties also offer reduced prices for leases longer than four or five months. ‘We have to be creative to lure in tenants in this market,’ Michael said.”

From Bisnow. “Short-term rental management company Zeus Living is reportedly handing back its key fobs. The San Francisco-based operator, which manages and rents properties out for as short as a month, wrote in an email to its landlords this week that it is ‘winding down operations,’ The Information first reported. The startup, which launched in 2015, wrote in the email that it was ‘struggling financially’ and would no longer be able to make payments on homes, according to the publication. Zeus is simultaneously laying off all 120 employees, JustLayoffs reported.”

“The company raised over $150M from investors over its lifetime, including funding from Airbnb as part of its Series B round in 2019. It operates in over 125 cities, according to its website, and it reportedly operated more than 5,000 units at its peak. The company leases apartments from landlords and then sublets to individuals and corporate partners. It estimates average stays are between two and four months.”

Business Insider. “On September 5, the hammer fell on Airbnb in New York City. After a series of desperate attempts by the home-sharing giant to stop the city from enforcing sweeping limitations on short-term rentals, the city passed a law that did just that. In a matter of weeks, thousands of Airbnb listings in the city — once one of the platform’s largest markets — went up in smoke. Of the 3,000 or so Airbnb listings that remain in New York, down from some 22,000 in August, the vast majority are for stays of 30 days or more — the minimum number of nights required under the city’s regulations.”

“Airbnb has long denied culpability in the country’s housing crisis, but the latest evidence that New York City made the right move comes from the opposite side of the country. Irvine, California, a picturesque city of 300,000 in Orange County, banned short-term rentals back in 2018 as residents grew frustrated by increasing numbers of vacation rentals in once-quiet neighborhoods. Based on a new study published this summer in Real Estate Economics, the move had a notable impact. After Irvine’s ban went into effect, long-term rents in the city dropped by 3%, according to the study, a decrease of $114 a month on average.”

“Irvine’s 2018 short-term rental regulations — which barred rentals of 30 days or less in all residential areas — were hardly unprecedented. Plenty of cities had passed ordinances banning short-term rentals, only to see Airbnb listings continue to pop up. But as Michael Seiler, a professor of finance at the College of William & Mary and one of the researchers who worked on the new study, explained to me, Irvine was able to succeed in actually getting rid of Airbnbs for one reason: enforcement. ‘What is so different about Irvine is that they did not just put a ban in place,’ Seiler said. ‘They actually enforced it.'”

“It has long been the law in the state of New York, for instance, that residential apartments cannot be rented out for less than 30 days, except under very limited circumstances. For a decade, Airbnb hosts simply refused to heed this law. Why? It was extremely difficult to enforce. The thousands of Airbnb listings that evaporated overnight in September had always been illegal but managed to survive because they were ‘legitimized by this multibillion-dollar internet platform,’ said Murray Cox, the founder of Inside Airbnb, a project that examines Airbnb’s impact on cities. New York City had just finally figured out a way to lay down the law: It established a registration process for short-term rentals and barred Airbnb and other platforms from advertising rentals that hadn’t been registered with the city first.”

“While the Irvine study showed that Airbnb bans can successfully drive down rents, numerous studies have shown the other side of the coin: When short-term rentals come to town, rents go up. A 2020 study on short-term rentals in Berlin found that apartments listed on Airbnb increased the rents of nearby units. A 2017 study in Boston came to a similar conclusion. Other studies have documented these impacts on rents nationwide, including research from 2021 that estimated that Airbnb listings accounted for one-fifth of rent growth in ZIP codes with a median share of people who own and occupy their home.”

“When you consider the law of supply and demand, these findings make sense. When supply of a commodity drops but demand stays the same, the price of that commodity will rise. That’s what Airbnb does to the housing supply. As the Berlin and Boston studies found, when houses or apartments are pulled off the long-term market to be used as short-term rentals, housing supply decreases. But actual residents still need a place to live, so they are forced to fight over — and pay up — for the more limited housing stock. The Irvine researchers figured that rents dropped after the local ban because when the landlords put their Airbnbs back on the market as long-term rentals, there was more housing supply. Suddenly, the landlords had to compete for tenants, making it harder for them to jack up rents. The Irvine study found little evidence for alternative theories, such as the notion that the Airbnb ban hurt the local economy by reducing tourism, thus displacing tenants and lowering demand for rentals.”

“It is ‘common sense,’ according to Cox. ‘It’s not some abstract commodity,’ he said of short-term rentals. ‘People were living there before.'”

This Post Has 98 Comments
  1. ‘Short-term rental management company Zeus Living is reportedly handing back its key fobs. The San Francisco-based operator, which manages and rents properties out for as short as a month, wrote in an email to its landlords this week that it is ‘winding down operations,’ The Information first reported. The startup, which launched in 2015, wrote in the email that it was ‘struggling financially’ and would no longer be able to make payments on homes’

    And 150M pesos fly off to money heaven.

  2. ‘A lot of owners took on homes and mortgages and extra vacation homes when lending criteria was easier…I feel like everybody’s in panic mode now. Even wealthy owners are asking if I have anybody for their house’

    Jerry broke it off in yer a$$ wealthy owners.

    1. I feel like everybody’s in panic mode now.

      As I recline on my lawn chair, popcorn in hand, I’m trying to summon up a little vicarious panic, but I’m just not feeling it.

      1. I am also reclining on my chaise lounge with my afghan comfortably covering my knobby knees, whilst adjusting my RayBan Aviator glasses
        to protect my aging eyes from the bright light of the sun. It is getting old fending off offers of bucket loads of cash, if only I would consent to the sale of my income producing properties. I am in it for the long haul and not interested in providing a paycheck for the real estate broker and their agent. I recall the parody of the Ant and the Grasshopper and how the grasshopper lived it up during the easy times, only to wither and die during the lean times. The monetary tide is going out and now we can see those who were swimming sans bathing trunks. The time is terrible for R/E agents and is rapidly improving for auto repo agents. Join me as we sit back and chuckle while sipping our Lon Island Iced Tea as the newly minted R/E agents scurry around before finally applying for a job at the fast-food drive-thru windows muttering the phrase “would you like fries with that order? “

    2. “I feel like everybody’s in panic mode now. Even wealthy owners are asking if I have anybody for their house”

      Die speculator scum.

  3. ‘It breaks my heart. They come down on the little guy every time and just stomp them into the ground,’ said the landlord who wanted to remain anonymous.”

    Die, speculator scum.

  4. In a matter of weeks, thousands of Airbnb listings in the city — once one of the platform’s largest markets — went up in smoke.

    I love the smell of burning speculators in the morning. It smells like…victory.

    1. [This is an important non-housing related article. It is too long to be posted in its entirety, so I am offering up a few tantalizing snips. I suggest readers go to the link and carefully read the entire article.]

      The Globalist Vision: “15 Minute” Prison Cities And The End Of Private Property

      https://alt-market.us/the-globalist-vision-15-minute-prison-cities-and-the-end-of-private-property/

      [Here is a snip from the article …]

      I believe one of the most important aspects of Agenda 2030 for globalists is something called the “15 Minute City”; a project which involves hundreds of city mayors from across the US, Europe and Asia working closely with groups like the World Economic Forum. Any mention of this idea in a negative light and the media erupts with anger as well as mockery as if it’s not a real issue worthy of debate.

      The establishment paints an interesting picture of 15 Minute Cities – A Utopian future in which everything you need is only a short walk away and private transportation is superfluous (or banned). You might even live in mega-complex, much like a giant mall where you also work. You could spend months within one square mile of space, never having to leave for anything.

      It’s no mistake that this idea was pushed hard during the pandemic lockdowns. The public was awash in fear propaganda over a virus with a 99.8% survival rate and that fear made the unthinkable idea of staying at home all the time suddenly thinkable. Media pundits continue to call the connection between covid lockdowns and climate lockdowns a conspiracy theory, but the idea is openly admitted in UN and WEF white papers.

      Some people argue that most cities are already “15 Minute Cities” with necessities all within walking distance of their homes. These folks don’t understand what a 15 Minute City really is. As numerous establishment descriptions of the project note, it’s not just about convenience or close access, it’s about changing every aspect of our current philosophy of living. It’s not about gaining amenities, it’s about making an array of sacrifices in order to appease the gods of carbon emissions.

      The 15 Minute City is more like a recipe, containing every single ingredient of the climate change and covid lockdown agendas in a single comprehensive Orwellian vision. It includes removing motor vehicles, removing private transportation and roads, smart city and AI monitoring of each person’s electricity usage, monitoring of product consumption and “carbon footprint”, biometric surveillance within a compact and stacked urban landscape, the cashless society concept, equity and inclusion cultism, population control, etc.

      It is the culmination, the end game; a massive prison with no bars. A place where you are conditioned to grow accustomed to artificial limitations on privacy, no civil liberties, no private property, and no work options or mobility. You are tied to the land and the land is owned by the state (or corporation). If you want a historic comparison, the closest I can find is the feudal system of Medieval Europe.

      Within these cities you are a labor mechanism, nothing more. You will never be allowed to own your own property and thus own your own labor. Everything you have is given to you by the state and can be taken away by the state if you defy them. You might be able to leave the village or community you are tied to for a time, but this will change with increasing restrictions on the public’s movement according to the dictates of climate ideology.

      As long as you are productive and submissive you will be give the things you need to survive, but never to thrive. In the case of a technocratic feudal system you would not have any guarantees that the state would need your services. At least in feudal Europe a peasant was seen as valuable resource because of limited population. In a world where many people are considered “population excess”, you could easily be replaced and booted out of the city to starve and die.

      In 2016 the World Economic Forum published a document titled ‘Welcome To 2030. I Own Nothing, Have No Privacy, And Life Has Never Been Better.’ The article was meant to promote a concept called the “sharing economy” which was first publicly fielded to the press at Davos. The article describes a “hypothetical” future in which a communistic system has ended all private property in the name of saving the planet from climate change. The benefits? Well, like all communistic systems, the big lie is that you will get to work less and most things will be free. This is how collectivist ideals have been sold to the populace for generations and it NEVER works the way the establishment claims.

      The WEF has been promoting the sharing economy for years, but when it went mainstream and was widely criticized as dystopian, the media once again flipped the “conspiracy theory” switch and attacked anyone exposing the implications.

  5. NPR — A day with homelessness outreach workers in L.A. (11/11/2023):

    “Los Angeles County has 55 full-time outreach teams — up from 34 two years ago — plus 14 others that focus on mental health. The Los Angeles Homeless Services Authority also funds 104 smaller outreach teams. All of them are expected to keep expanding. But not everyone is sold on their growing role.

    “I’m going to call it the outreach industrial complex,” says Pete White, executive director of the nonprofit Los Angeles Community Action Network. He calls outreach a kind of smoke and mirrors, designed to make it look like the problem is being solved.

    “Why do we invest so much into thousands of outreach workers if there aren’t thousands of units to put people in? That money … has to be spent toward permanent housing.”

    https://www.npr.org/2023/11/11/1208498195/homelessness-losangeles-outreach-workers-l-a-encampment

  6. Russia Today — Broken by design: Why the elites want everything and everyone to have an expiration date (11/11/2023):

    “product regression was part of a plan first articulated in 1932 by American real-estate broker Bernard London. In a paper titled Ending the Depression Through Planned Obsolescence, London began his pro-corporate spiel by paraphrasing the notorious Thomas Malthus, who in 1798 foresaw a future Hobson’s Choice between population growth and food production.

    London’s paper was published at the height of the Great Depression, when the vast majority of consumers had lost their spending power. As a result, the shelf-lives of consumer items were being extended via ingenious means. London, however, viewed that as a cardinal obstacle to progress.

    In his rather meandering tract, London complained that “people everywhere are today disobeying the law of obsolescence… They are using their old cars, their old tires, their old radios and their old clothing much longer than statisticians had expected on the basis of earlier experience.” Quality surplus products, including buffer food stocks in granaries, were making “new production unattractive and unprofitable.” He omitted to mention that the population surge of the 1930s would have resolved this imbalance if not for the mass impoverishment caused by runaway Wall Street greed. Just when did the production of durable products become a socioeconomic problem?

    We see this sinister logic being repeated nearly a century later under different pretexts. The European Union and Britain, for example, have pledged to ban new diesel and petrol cars from 2035. This climate-linked policy has also resulted in a senseless campaign against livestock and vegetation.

    Bernard London’s solutions also appear to foreshadow the Great Reset: “I would have the Government assign a lease of life to shoes and homes and machines, to all products of manufacture, mining and agriculture, when they are first created, and they would be sold and used within the term of their existence definitely known by the consumer. After the allotted time had expired, these things would be legally “dead” and would be controlled by the duly appointed governmental agency and destroyed if there is widespread unemployment. New products would constantly be pouring forth from the factories and marketplaces, to take the place of the obsolete, and the wheels of industry would be kept going and employment regularized and assured for the masses.”

    It gets worse. London urged that “taxes should be levied on the people who are retarding progress.” Ergo, the world needs to punish individuals who conserve resources for the sake of corporations which generate disposable junk on an industrial scale, straining our natural environments in the process. And just how do you tax people over clothes and shoes that come with an officially-mandated expiry date? Will electronic micro-sensors be embedded into products of the future? Likewise, will humans be cattle-tagged with similar sensors to ensure consumerist compliance and the profitability of corporations?

    Welcome to the “New Normal” of the World Economic Forum (WEF); one which effectively plots and determines the “course of your paths” as foretold by Isaiah.

    https://www.rt.com/news/586820-poor-quality-products-expiration-date/

    Yes, they really do want you to own nothing.

    1. “The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. …In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons… who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.”

      – Edward Bernays – Propaganda (1928) pp. 9–10

    1. Citizen! Such claims are Russian disinformation! The globalist scum media was unanimous in declaring that Russia blew up its own pipeline, cause reasons! Mind your social credit score, citizen…a black mark has been added to your dossier.

    2. Not to be a troublemaker or anything, but when I saw this news break my first thought was, distraction. On second thought, I don’t what to make of any of this, but am suspicious of the Washington Compost. I doubt that the Ukr military have the means and to pull off that sophisticated of an undersea sabotage operation. I believe that the US conducted this with Scandinavian accomplices.
      –Geezer

  7. Covid vaccines are poison.

    Alex Berenson (11/10/2023):

    “On Monday, the Times ran a piece bemoaning the difficulty Americans supposedly face in getting new Covid boosters. The headline:

    Some Covid Vaccines Are Still Hard to Find

    This is a complete inversion of reality. Or, as the kids say, LOL.

    The Centers for Disease Control no longer offers up-to-date statistics on Covid shots. But some state health departments still provide weekly data. They show that even in blue states that once embraced the mRNAs, demand for the jabs is near zero.

    The flop comes despite public health and media exhortations and massive advertising campaigns from the jab companies. Health bureaucrats and Pfizer and Moderna hoped that positioning Covid jabs as once-a-year injections alongside flu shots would increase demand.

    They were wrong …

    the states all appear to have exhausted demand. Even though the jabs were rolled out slightly later in 2023 than 2022, administrations peaked at lower levels in October and are now declining faster.

    In fact, data from the 2022-23 bivalent booster campaign suggest that most of the people who want to take this year’s shot have already done so, even without accounting for the surprisingly rapid decline in demand in the last few days.

    The plunging demand comes even though Pfizer and Moderna have run massive ad campaigns for this fall’s boosters.

    Wall Street knows that demand has cratered and has fled Pfizer and Moderna. The two companies now trade below their levels in November 2020, before they released the results from clinical trials that seemed to show the shots work.

    Yet in the media’s fantasy world, the real obstacle to Covid vaccinations is not demand but administrative hurdles to overwhelming demand.

    In its article Monday, the Times blamed “distribution issues” and “snags with the new billing codes” in the second paragraph, the fact that jabs “have been slow to reach doctors’ offices” in the fourth, and the closing of mass vaccination sites in the eighth.

    Only in the article’s ninth paragraph did the Times acknowledge “declining interest in getting vaccinated” – and then only as a factor that “has made it tough for doctors and pharmacists to correctly judge the demand when ordering shots.”

    If the Times actually wanted to report the truth on the mRNAs, it would spend less time making excuses for the overwhelming public rejection of the boosters and more time investigating the root causes.

    Alas, three years into the largest public health experiment in history – the dosing of over 1 billion people with a novel and barely tested biotechnology – the paper and its elite media competitors remain committed to burying their collective heads in the sand.

    Covid jabs may not be good for much in the way of protection. But they sure have immunized a huge swath of reporters from anything resembling reality.”

    https://alexberenson.substack.com/p/yep-theyre-still-trying-to-make-fetch?

    See also: recent polling data that 1/4 of Americans personally know someone who died from the phony vaccines.

    1. Sudden Deaths Twice as High Among Vaccinated in Pfizer Trial

      by Daily Sceptic
      November 12th 2023, 9:58 am

      Sudden deaths were twice as high in the vaccine group of the original Pfizer clinical trial than in the placebo group, researchers have found, reigniting concerns about the safety of the novel mRNA drug.

      The worrying finding comes from new analysis of the data from the original randomised controlled trial (RCT) of the vaccine which were released as part of legal action in Texas.

      Researchers at the Health Advisory and Recovery Team (HART) found that there were four additional sudden deaths in the vaccine group than in the placebo group, all of which occurred after the first 60 days. Many assurances of vaccine safety assume that any harms will be seen within 28 days of vaccination, meaning signals after 60 days would be missed.

      In all there were 12 sudden deaths with no underlying cause: eight in the vaccine group and four in the placebo group. Three occurred in each group during the first 60 days; subsequently, five occurred in the vaccine group but just one in the placebo group.

      Even more concerning, say the researchers, is that these four additional sudden deaths in the vaccine group account for the whole difference in the total number of deaths between the two groups: 20 in the vaccine group versus 16 in the placebo group.

      https://www.infowars.com/

    2. 3/4 are in denial

      Three healthy people at my company of 700 have dropped dead since 2021.

      35 yr old died in his sleep
      26 yr old died of an aggressive cancer a couple of months after diagnosis
      62 yr old dropped from a heart attack

      1. That 3/4 are likely jabbed and don’t even want to consider the possibility that they made a monumentally bad decision.

  8. Wondering WHY you overspend? Financial therapist reveals how sadness and anger cause us to splurge on new purchases
    Hunger, loneliness, fatigue, stress and sadness all affect our financial decisions
    Studies have found that being sad makes people vulnerable to overspending
    As the holiday season approaches consumers are advised to ‘pause’ and ‘reflect’

    https://www.dailymail.co.uk/yourmoney/article-12726537/overspending-emotions-sadness-anger.html

    Financial decision-making is sometimes associated with level-headedness and calculation. But psychologists emphasize that emotions like sadness, anger and fear have a powerful effect on our wallets.

    Years of academic research have suggested that people who are sad are likely to spend more, while anxious people tend to avoid risk.

    ‘Never make a financial decision if you’re hungry, angry, lonely or tired,’ Heather Pulier, a financial therapist and founder of Outset Financial, told DailyMail.com.

    While there are no blanket rules, negative emotions are widely associated with poor choices. Those can include overspending, as well as the opposite, what Pulier refers to as ‘financial starvation’.

    (A flow chart appears here …)

    A 2008 study in journal Psychological Science titled ‘Misery Is Not Miserly’ found that sadness ‘increases the amount of money that decision makers give up to acquire a commodity’.

    The authors said that sad events can cause people to feel their sense of self is diminished. This in turn triggers a desire to buy valuable possessions in a bid to enhance their ‘self.’

    These are the types of behaviors Pulier sees in her own clients.

    ‘People use money to deal with depression, to elevate themselves or to boost low self-esteem,’ she said. ‘Money for many people is an addiction – we have this overwhelming and chronic belief that more money is going to make us feel better.’

    That study is one of many in the expanding field of behavioral economics, which involves the application of psychological methods – as opposed to mathematical modeling – to understand the economy.

    A seminal moment for the discipline came in 2002 when psychologist Daniel Kahneman was awarded the Nobel Prize in economics for work conducted alongside Amos Tversky on how biases can impact decision-making.

    ‘That changed the way we looked at behavioral economics,’ said Pulier of the 2002 award. She pointed to how a range of generally negative emotions can obstruct people from making financial decisions in their best interests.

    Other studies have found that angry people are more optimistic when it comes to analyzing risk, which can result in uncontrolled overspending. Pictured is the cover of the journal Psychological Science

    ‘When you’re anxious you don’t make good choices – anxious decision making is fear-based decision making and you’re usually looking for the fastest and quickest way to get out of your anxiety,’ she said.

    Pulier also noted that fatigue can catalyze bad decisions.

    ‘When you’re tired is a terrible time to spend money, your defenses are down,’ she said. ‘Just like you’re more likely to snap at somebody.’

    Other studies have found that angry people are more optimistic when it comes to analyzing risk and can act erratically, which can in turn result in uncontrolled overspending.

    Although the therapeutic approach to thinking about financial decisions championed by Pulier is relatively new, retailers and marketing professionals have been thinking about them for decades.

    ‘The greatest minds in the world spend all their time trying to advertise and market to our emotions to trigger them,’ she said.

    ‘We’re coming into that season where the addictive quality of consumer culture is going to prey on those things, particularly during the holidays.’ Her advice to consumers approaching this stressful time of year is to ‘pause’ and ‘reflect’.

    ‘Every financial decision anybody makes is emotional,’ she said. ‘But the fastest path to altering those behaviors is self-awareness and self-acceptance – you have to really believe that money does not fix unmet emotional needs.’

  9. [At last! A housing related article! This one has lots of pictures which means you’ll have to access the link to see them. (duh)]

    California’s third largest city is a mostly empty, forgotten dream

    https://www.sfgate.com/travel/article/california-city-planned-community-explained-18476273.php

    100 miles northeast of Los Angeles in the high desert of California’s Antelope Valley lies the blueprint of a city. But the blueprint isn’t drawn on paper — it’s etched into the sand.

    Miles and miles of unpaved roads are carved into the eastern half of California City, intersecting and folding into themselves only to bottom out into empty cul de sacs. Even though there are no houses in sight, the roads are marked with street signs — with names like Lincoln Boulevard, Rutgers Road and Aristotle Drive — that stand among the prickly creosote bushes.

    Aside from the dusty roads and the telephone poles, the only interruptions to the landscape are old signs advertising land for sale. Some have fallen off of their wooden posts and lie flat on the sand.

    This vacant neighborhood was meant to be the heart of one of the most ambitious cities ever imagined, a master-planned community designed to house hundreds of thousands and attract tourists from around the country. Like its roads, the story of how California City turned from an architectural vision into a 13,000-person desert outpost is long and winding, punctuated by big dreams, corporate missteps and federal investigations, culminating in one of the biggest FTC payouts of the 20th century.

    In 2023, as tech billionaires prepare to build a utopian city in Solano County, California City remains a reminder of just how wide the gulf between design and execution can be.

    1. Only thing of note there now is a prison.

      Went to a… let’s just say an event out there once that ended up being cancelled. Maybe about 15 years ago or so.

      Description is very accurate.

    1. “The US Army’s new recruitment ad is so cynical. After 15 years of relentless progressive brainwashing and doing a literal ‘stand down’ to root out “extremists” (ie white conservatives), they are now facing an existential recruiting crisis and must return again to seducing the children of said ‘extremists’ into fighting for their country. A country that no longer exists.”

      Sounds about right.

      1. When the globalist scum media starts clutching its pearls over recruiting shortfalls, it means war is coming & the elites are spooked. They’re belatedly realizing that they’ve alienated and antagonized the demographic that historically has produced America’s most capable, dedicated, and effective warfighters. Ever since the Clinton administration, our once formidable military has been transformed into a social engineering testbed prioritizing DEI and “wokeness” over combat capability and readiness. Adversaries have taken note, and are taking our measure. If the balloon goes up, all the veterans who warned of the calamity that would ensure when our woke, feminized, DEI military went up against actual warriors are going to be vindicated, at a terrible cost.

  10. ‘How did your short-term rental company go bankrupt?’

    ‘Two ways: Gradually and then suddenly.’

    (Repurposing Hemingway…)

    “Short-term rental management company Zeus Living is reportedly handing back its key fobs. The San Francisco-based operator, which manages and rents properties out for as short as a month, wrote in an email to its landlords this week that it is ‘winding down operations,’ The Information first reported. The startup, which launched in 2015, wrote in the email that it was ‘struggling financially’ and would no longer be able to make payments on homes, according to the publication. Zeus is simultaneously laying off all 120 employees, JustLayoffs reported.”

    1. The startup, which launched in 2015

      If you’re still a startup after 8 years, you’re doing something wrong.

      1. If you’re still a startup after 8 years, you’re doing something wrong.

        Or…your market timing wasn’t perfect but you’ve managed to stay alive long enough for the market to (hopefully) catch up at some point

    1. Yahoo
      Reuters
      US bond funds rack up biggest weekly inflow in three months
      Reuters
      Fri, November 10, 2023 at 3:31 AM PST·2 min read

      U.S. investors poured a massive sum into bond funds in the seven days leading to Nov. 8 on hopes of a turnaround in Treasury bond prices following the Federal Reserve’s decision to keep interest rates unchanged.

      A report from the U.S. Labor Department indicating a slowdown in job growth in October, also lifted bond prices last week. The yields on the benchmark 10-year U.S. Treasury bonds, which move inversely to prices, hit a five-week low of 4.484% last Friday.

      According to LSEG data, U.S. bond funds amassed a net $3.61 billion worth of inflows during the week, the biggest amount since July 5.

      U.S. high yield bond funds saw a significant boost in demand as they received a net $6.29 billion, the biggest weekly inflow since mid-April 2020.

      Investors also poured about $867 million and $687 million, respectively into general domestic taxable fixed income, and loan participation funds, while pulling a net 1.92 billion out of U.S. short/intermediate government & treasury funds.

      Meanwhile, U.S. equity funds secured $1.9 billion, the first weekly inflow in eight weeks.

      https://finance.yahoo.com/news/us-bond-funds-rack-biggest-113158940.html

    2. ‘The damage has already been done’: A 31-year market vet shares 3 pieces of evidence that the labor market is about to collapse, sending the economy into recession and the stock market spiraling
      William Edwards
      Nov 11, 2023, 2:00 AM PST
      trader surprised shocked
      Reuters / Lucas Jackson

      The October jobs report released last Friday wasn’t great.

      The US economy added just 150,000 jobs, under the expected 180,000, and the unemployment rate rose to 3.9%, now 0.5% higher than its low earlier this year. Numbers for September and August were also revised downward, meaning eight consecutive months have now been subsequently marked below their original prints, according to Jon Wolfenbarger.

      https://www.businessinsider.com/stock-market-crash-recession-unemployment-rate-jobs-report-sp500-wolfenbarger-2023-11

    1. Based on the few pics in the article, she already had a figure that 99.999999% of women can only dream of. Not sure why she needed knee liposuction.

      Something about her having a deep vein thrombosis. I’m gonna guess she was jabbed and boosted.

      1. “Based on the few pics in the article, she already had a figure that 99.999999% of women can only dream of. Not sure why she needed knee liposuction.”

        She’s thicc.

      1. Ever notice the absolute unanimity of globalist media in NEVER discussing the first four decades of Barry’s life?

        Total media blackout. Like he was born on the stage of the 2004 DNC convention, with only a limited, but tightly controlled, narrative preceding that.

        Hawaii? Indonesia? Frank Marshall Davis? Columbia? Harvard?

        Nobody even remembers him showing up at Harvard Law Review.

      1. Is It Safe To Ship Thousands Of Electric Cars On Big Ships?
        A shipping expert says there have been about 70 fires reported in the last five years on container ships, separate from vehicle vessels such as Felicity Ace.

        https://www.autoweek.com/news/industry-news/a39951439/is-it-safe-to-ship-thousands-of-electric-cars-on-big-ships/

        [A snip …]

        Capt. Rahul Khanna, global head of marine consulting at Allianz, says it’s going to be very difficult to find the exact cause of the fire that sank the Felicity Ace.
        The problem with EVs, Khanna says, is that lithium-ion batteries in EVs can actually propagate the fire, igniting more vigorously as compared to conventional cars.
        If EVs are not lashed or adequately lashed and a vessel encounters bad weather, the cars can become loose, have an impact, and cause a fire, the captain says. A single vehicle fire could prove catastrophic.
        The recent fire aboard and sinking of the Felicity Ace car carrier brings up a very interesting question: As the world quickly switches to electric cars, how are we going to get them from factories to showrooms, especially when they have to cross oceans?

  11. “It has long been the law in the state of New York, for instance, that residential apartments cannot be rented out for less than 30 days, except under very limited circumstances. For a decade, Airbnb hosts simply refused to heed this law. Why? It was extremely difficult to enforce.”

    It seems like the only sure way to get hosed in this country any more is to follow the rules. Start stealing – from lying about owner occupancy on your mortgage application, to ignoring your rent or mortgage payment and squatting, to just walking into a store and carting everything out – and you’re good to go. Meanwhile inflation makes it harder and harder to survive by honest means.

    1. It seems like the only sure way to get hosed in this country any more is to follow the rules.

      There is an old saying in Mexico: El que no tranza, no avanza”. He who doesn’t scam/cheat/steal doesn’t get ahead.

    1. “It will become integrated into your personality”

      Somebody needs to integrate some hot lead into his bald skull.

      1. Klaus Schwab

        He’s 85 years old. How much time could he possibly have left? He’ll probably be taking his dirt nap before the end of the decade. So why are people like him and George Soros so hell bent on implementing their dystopia if they won’t even live to see it?

        Legacy? Usually a legacy is something the makes people remember you fondly, not curse your name.

  12. The Fed Has No Plan, and Is Just Hoping for the Best

    https://mises.org/wire/fed-has-no-plan-and-just-hoping-best

    [Here is a snip taken from the middle of the article …]

    This is just a fancy way of saying “we have no idea what will happen next.” This may seem like just an admission of the obvious reality to many people, but this all contradicts the decades of propaganda we’ve been told about the Fed and its technocrats. We’re supposed to believe the Fed has the nation’s “best” economists and the “best” economic models and pursues policies based on apolitical economic science. Yet it all turns out that the Fed has nothing in its tool box other than tinkering each month with a few knobs and levers, and hoping price inflation goes down.

    This was further revealed during this month’s press conference’s Q and A where Powell repeatedly emphasized the tenuous nature of the Fed’s current policy. Here’s a smattering of phrases Powell used to answer questions about whether or not the Fed has plans to raise or lower the target rate: “we’re monitoring. … you know, things are fluctuating back and forth. … we haven’t made any decisions about future meetings. … We have not made a determination.”

    1. and hoping price inflation goes down

      WIth $2T budget deficits, financed in large part by the Fed conjuring money out of thin air, that’s a lot of hopium.

  13. Chicago is so unpleasant migrants are fleeing BACK to Venezuela after being dumped in shelters and refused jobs, with 20,700 border crossers so-far bused to Dem-run ‘sanctuary city’

    https://www.dailymail.co.uk/news/article-12739955/Chicago-unpleasant-migrants-fleeing-Venezuela-shelters.html

    Illinois ‘ harsh winters, lack of migrant infrastructure and ambivalent support from locals has made many asylum seekers go back home
    Venezuela-born Michael Castejon, 39, and his family have been sleeping on the floors of police stations and shelters

    [Some snips…]

    Chicago has become so unpleasant that migrants are fleeing back to Venezuela after being dumped in shelters and refused better paying jobs.

    Since August last year, 20,700 migrants have arrived in Chicago from Texas. The Lone Star State’s Governor Greg Abbott sent migrants to Chicago and other Democrat-run cities because of their proud status as ‘sanctuary cities.’ They offer enhanced protection against detention or deportation for undocumented migrants.

    Now, Illinois’ harsh winters, lack of migrant infrastructure, and ambivalent support from locals has made many people, who undertook the harsh US-Mexico border journey, actually turn around and go back home.

    Venezuela-born Michael Castejon, 39, and his family have been sleeping on the floors of police stations and shelters after he could not afford to pay rent in Chicago – because his work permit was taking so long to arrive.

    The family was renting an apartment through a city voucher program, that gives up to $15,000 for up to six months of rental assistance – but once it ran out, they had to give up their living space.

    The dad found a job in construction, and he was getting paid in cash, but it wasn’t enough to sustain his family since they arrived in June.

    After five months of rough living with no end in sight, the family decided to pack up their belongings and return to South America, realizing that ‘there’s nothing here for us.’

    Castejon said the failed journey to settle in the US had not been worth it, despite the extreme poverty and an authoritarian regime they were living under in Venezuela.

    After months of begging for money and crossing borders, the dreams that he had heard of from other migrants had failed to materialize for him, he revealed.

    Michael Castejon, 39, told the Chicago Tribune: ‘The American Dream doesn’t exist anymore. There’s nothing here for us.

    ‘We didn’t know things would be this hard. I thought the process was faster,’ he said about the job permit situation in Chicago.

    ‘How many more months of living in the streets will it take? No, no more. It’s better that I leave. At least I have my mother back home.

    ‘We just want to be home. If we’re going to be sleeping in the streets here, we’d rather be sleeping in the streets over there.’

    Castejon’s stepdaughter Andrea Carolina Sevilla could not find a school to be enrolled in when they arrived in the US, despite one of the reasons they left their native home was to give her a better education.

    He is not the only migrant in Chicago who is realizing that the reality of asylum seeking is not what they had imagined. Chicago’s cold weather is creeping up – and many migrants still sleeping on the streets are forced to lay on wet, cold mattresses.

    The city is also notorious for violent crime, with migrants forced to sleep in public more vulnerable to attack than most.

    At least 40 people in the last month have left Chicago’s 1st District station to either move back home or elsewhere in the States, with the help of Catholic Charities of Chicago.

    According to the Tribune, migrants eat standing up and have to rub their hands together to keep warm because of the lack of facilities.

    Brayan Lozano, head of the volunteer group of the Police Station Response Team, said: ‘The word of the situation in Chicago is beginning to spread.’

    Lozano said the city’s resources have been exhausted, and the resettlement program now cannot take the strain of the number of migrants flooding in.

    Another migrant, Jose Nauh, 22, was forced to sleep in a police station in Chicago for two weeks before deciding to travel back to Texas. He’d moved to the windy city to see the hype for himself – but soon realized life was not better.

    Diana Vera, who moved to Chicago with her three children and daughter-in law, have also decided to quit the city for better opportunities elsewhere. They had been living on the floor in the police station for a month.

    Boarding a bus to Detroit, Vera said: ‘We heard that there are a lot of jobs over there even if you don’t have a permit.’

    This comes at a fraught time for Chicago and its residents.

    Furious protesters stormed a Chicago City Council meeting last week during a debate about whether the city should remain a sanctuary for migrants.

    The meeting was called after 9th Ward Alderman Anthony Beale – who oversees a district in the predominantly-black South Side – proposed an advisory referendum that would ask voters during the March primary if Chicago should keep its sanctuary city status.

    Progressives in Chicago are outraged that a move to end Chicago’s status as a sanctuary city is even being considered for a ballot. But many of the city’s residents – including a large number of those who are themselves ethnic minorities – are keen to end the Windy City’s sanctuary city status.

    Many residents expressed frustration about the millions of dollars the city was spending on migrant shelters instead of Chicago’s most impoverished communities.

    As of September, there were about 20 active migrant shelters in the city. Seven were located on the historically underserved South and West sides.

    More than 20,000 migrants have touched down in Chicago since last year.

    While most hail from Venezuela, they come from all over the world, including Africa, Europe and the Middle East.

    The city has allocated $4 million to help migrants find temporary housing, and the state has contributed another $38 million.

    Since August 2022, Chicago has opened its doors to tens of thousands of migrants sent by Abbott and non-government organizations in states such as Colorado and New York.

    The majority are seeking asylum ‘due to US foreign policy that has created unstable economic and political conditions compromising their safety and forcing them to travel thousands of miles to safety,’ the City of Chicago website reads.

    It adds: ‘U.S. cities have not traditionally had the infrastructure to resettle high numbers of immigrants and refugees. This is federal responsibility.’

    1. I wonder what these people were expecting. They’re mostly utterly unskilled, many are functionally illiterate. What kind of incomes were they expecting? Or were they really hoping to join the Free Sh!t Army?

      And the illiteracy thing is not a joke. A relative teaches ESL in North Carolina and says there has been a tsunami of invader kids in the school, many as old as ten who do not even know the alphabet, which means their parents also cannot read.

      I wouldn’t be surprised if their governments are telling them that the streets in the US are paved with gold and everybody lives like a king. They are dumping their refuse on us.

    2. “residents expressed frustration about the millions of dollars the city was spending on migrant shelters instead of Chicago’s most impoverished communities”

      Replacement theory is not a theory.

      1. yes, the globalists are replacing inner-city blacks with more compliant hispanic. They’re much less murdery. The city’s leaders don’t care who lives there – the Democrat votes are all the same.

    1. Spain: Millions of People Take To The Streets In Protest Against Socialist Coup

      by Jamie White
      November 12th 2023, 1:02 pm

      Millions of people across 42 cities in Spain have taken to the streets in response to the socialist government’s plan to stay in power by offering amnesty to Catalan separatists.

      The uprising was sparked by socialist Prime Minister Pedro Sanchez’s promise of amnesty to violent Catalan separatists who participated in the illegal and failed push for Catalan independence in 2017.

      Sanchez, head of the Spanish Socialist Workers’ party (PSOE), offered amnesty in exchange for their support of his rule, a move many Spanish citizens view as an illegal attempt to stay in power.

      https://www.infowars.com/posts/spain-millions-of-people-take-to-the-streets-in-protest-against-socialist-coup/

  14. [What an utterly SHOCKING surprise! (not)]

    “Antisemitism Has No Place Here” – Harvard President Condemns “From The River To The Sea” Phrase After 1600 Jewish Alum Pull Donations

    https://www.zerohedge.com/geopolitical/antisemitism-has-no-place-here-harvard-president-condemns-river-sea-phrase-after-1600

    Following enormous backlash against the University over its initial statement about Hamas’ Oct. 7 attack on Israel – with critics condemning Harvard President Claudine Gay’s statement for failing to explicitly denounce Hamas and lack of response to a controversial joint letter by Harvard student groups in support of Palestine that called Israel “entirely responsible” for the violence – Harvard has just announced that it will work with its newly established antisemitism advisory group to implement antisemitism education and training for affiliates.

    “I affirm our commitment to protecting all members of our community from harassment and marginalization, and our commitment to meeting antisemitism head-on, with the determination it demands,” Gay wrote.

    “Antisemitism has no place at Harvard,” Gay added. “We are committed to doing the hard work to address this scourge.”

    Additionally, in her email, Gay explicitly condemned the use of the phrase “from the river to the sea” – a pro-Palestine slogan that prominent alumni have called “eliminationist” and antisemitic.

    “Our community must understand that phrases such as ‘from the river to the sea’ bear specific historical meanings that to a great many people imply the eradication of Jews from Israel and engender both pain and existential fears within our Jewish community,” Gay wrote.

    “I condemn this phrase and any similarly hurtful phrases.”

    The Crimson reports that Gay’s decision to single out the phrase “from the river to the sea” – which is frequently chanted by the Harvard Undergraduate Palestine Solidarity Committee and other pro-Palestine student groups – almost immediately received backlash from some Harvard affiliates.

    Kirsten A. Weld, a professor of History at Harvard, criticized Gay’s decision to denounce a specific phrase used by student activists.

    “Can’t recall any prior instance of a contested phrase/idea receiving official condemnation like this, or having one singular ‘specific historical meaning’ imputed to it, in my 11 years on this campus,” Weld wrote in a post on X.

    Gay also confirmed that the FBI and HUPD are investigating a video taken during the Oct. 18 pro-Palestine “die-in” protest at Harvard Business School depicting several protesters confronting a man and escorting him away after he filmed protester’s faces.

    The protesters shouted “shame” after the man, who other media outlets later identified as an Israeli student.

    What could have caused such a sudden and considerable ‘flip’ in Gay’s perspective (or silence) on the jew-hatred being seen at Harvard – and across many so-called ‘Ivy League’ schools? Doesn’t she realize the world is binary – oppressor vs oppressed, victimizer vs victims?

    We are sure it is simply a realization that principles matter (and terrorism is bad), and has nothing at all to do with the fact that 1600 wealthy jewish alumni have withdrawn their donations from the once-prestigious learning academy.

    As CNN reports, high-profile billionaire alumni like Pershing Square founder Bill Ackman and former Victoria’s Secret CEO Leslie Wexner have already said that if Harvard doesn’t take steps to fix the problem they could face a donor exodus, but now the largest group yet of alumni – most of whom do not have billionaire status – are threatening to withdraw their donations.

    “We never thought that, at Harvard College, we would have to argue the point that terrorism against civilians demands immediate and unequivocal condemnation,” wrote members of the Harvard College Jewish Alumni Association (HCJAA) in an open letter to President Claudine Gay and Dean of Harvard College Rakesh Khurana.

    “We never thought we would have to argue for recognition of our own humanity.”

    Philanthropy is the single largest contributor to revenue at Harvard, accounting for 45% of the university’s $5.8 billion in income last year. Philanthropic gifts accounted for 9% of the university’s operating budget last year and 36% of its $51 billion endowment amassed over decades.

    1. “We never thought that, at Harvard College, we would have to argue the point that terrorism against civilians demands immediate and unequivocal condemnation,” wrote members of the Harvard College Jewish Alumni Association (HCJAA) in an open letter to President Claudine Gay and Dean of Harvard College Rakesh Khurana.

      Let’s say a robber, (okay, a terrorist), robs a bank killing the bank’s manager and a security guard before exiting the building. As police arrive the terrorist robber runs toward an LGBTQ+ crowd yammering for equality. Do the police shoot into the crowd to kill the terrorist robber? 🙂

  15. ‘Annapolis…allows everyone to own one STR. Everyone. EVERYONE. Not only that, but it requires ‘barriers to entry’ for owner-occupied STRs: home inspections of private homes (not required in Baltimore) and a Maryland State Sales and Use Tax ID (not required in Anne Arundel County). By driving the spare guest rooms off the platforms with over-regulation, and extending a welcoming hand to investors at the same time, the city might as well be shooting up a flare and shouting: ‘Hey! Come buy up housing units here and use them as non-owner-occupied STRs!’ And that is exactly what happened’

    So they are actively driving the spare room LL’s out yet encouraging STR over all. Multiple local layers of regs. It’s like a 3 Stooges film.

  16. ‘It breaks my heart. They come down on the little guy every time and just stomp them into the ground,’ said the landlord who wanted to remain anonymous…The Kem C. Gardner Policy Institute at the University of Utah estimated in 2022 that around a quarter of Summit County residences are short-term rentals. In Park City, 50% of units are STRs. Park City has more online STR listings than any other Utah city, with 3,922. The Snyderville Basin comes in second with 1,764

    You own half the rentals in some places and yer the little guy.

  17. EXPOSED: Klaus Schwab & WEF’s Secret Blueprint to Control Every Aspect of Your Life

    SEAMUS BRUNER12 Nov 2023
    6 hours ago

    Klaus Schwab took $6,000 in seed money in 1971 and transformed the World Economic Forum (WEF) from a humble gathering of academics into the most exclusive club in the world. The WEF now rakes in $390 million, annually.

    Controligarchs: Exposing the Billionaire Class, Their Secret Deals, and the Globalist Plot to Dominate Your Life follows the money beyond the politicians—and their petty squabbles in Washington—straight to top: Davos. It is in this tiny Alpine town that the jet-setting billionaires and shadowy bureaucrats are plotting out the next decade of our lives.

    The market capitalization of WEF’s top members—corporate behemoths like Apple, Microsoft, Amazon, Meta, Google, Comcast, and Pfizer—tops $10 trillion. Double that if you include $10 trillion-asset manager BlackRock, whose founder and CEO Larry Fink is a WEF board member. So, with more than $20 trillion—greater than the GDP of every nation in the world except that of the United States—sloshing around in its member coffers, it is easy to grasp why the WEF is able to exert extraordinary influence.

    Controligarchs pulls back the curtain and comprehensively reveals the dystopian systems and tactics that the WEF is ratcheting up, including: implementing central bank digital currencies (CBDCs) and digital IDs; instituting “climate lockdowns” and rolling blackouts; banning gas vehicles and stoves and throttling thermostats; developing lab-grown meats, patented seeds, and insect-based proteins; expanding mandatory medical technologies; pushing artificial intelligence (AI) and transhumanism.

    https://www.breitbart.com/politics/2023/11/12/exposed-klaus-schwab-wefs-secret-blueprint-to-control-every-aspect-of-your-life/

  18. ‘That party wasn’t necessarily the straw that broke the camel’s back, said 4th Ward Alderman Bret Narayan, who maneuvered the proposals through the board, but it brought his colleagues’ attention to the problem in a tragic way. ‘Any time there’s a situation like that, I think it’s our duty as a legislative body to see if there are legislative fixes. We looked back at the data that we had from the building division and the police department on more problematic units, and we saw overwhelmingly, they were marketed as one-night stays’

    So there’s a pattern of violent behavior and a bunch of people get shot and one killed, and it’s too much. STR in areas not designed for them always wear out their welcome.

  19. ‘banned short-term rentals back in 2018 as residents grew frustrated by increasing numbers of vacation rentals in once-quiet neighborhoods…After Irvine’s ban went into effect, long-term rents in the city dropped by 3%, according to the study, a decrease of $114 a month on average’

    What was the drop in shack owners who didn’t have to put up with stupid BS night after night? I think we got a win win here.

  20. ‘For a decade, Airbnb hosts simply refused to heed this law. Why? It was extremely difficult to enforce. The thousands of Airbnb listings that evaporated overnight in September had always been illegal but managed to survive because they were ‘legitimized by this multibillion-dollar internet platform,’ said Murray Cox, the founder of Inside Airbnb, a project that examines Airbnb’s impact on cities. New York City had just finally figured out a way to lay down the law’

    If they were serious about law the feds would have dropped a RICO on these dogs. Money and lawyers, bribing and intimidating, it looked just like how a mafia would operate.

  21. Overpass on interstate 10 burned up how could that happen its not like people live under these overpasses and start camp fires …

    1. When I see a maskatarian these days it is invariably a bubba beer belly or Sally 3 chins. An unproven ‘virus’ is the least of their worries.

      I remember refusing to wear GD mask to walk through a restaurant to get to their Tikki bar. Friends insisted on eating at this sh1thole in Dunedin, FL so we sat out front. I still remember the staff standing outside looking at me and talking amongst themselves. “Look at the bad man. He is so mean. Why won’t the bad man just wear a mask!?” I could imagine them saying while I thought to myself, “I wonder if these poor bashtards will breed one day?”

        1. LOL – The Tampa area does not provide a big enough sample of Asians to judge their mask wearing.

          I will say this – the best part of being Asian and driving in FL is that you are no longer the worse driver on the road.

  22. 2000 – a prediction from the centre of global warming alarmism:
    According to Dr David Viner, a senior research scientist at the climatic research unit (CRU) of the University of East Anglia, within a few years winter snowfall will become “a very rare and exciting event”.

    “Children just aren’t going to know what snow is,” he said.

    2000: a prediction from Professor Mojib Latif of Germany’s GEOMAR Heimholtz Centre for Ocean Research:

    Winters with strong frosts and lots of snow like we had 20 years ago will no longer exist at our latitudes.

    2008 – another prediction:

    A study of snowfall spanning 60 years has indicated that the Alps’s entire winter sports industry could grind to a halt through lack of snow….

    {Time, measured in years, passes, until …]

    Sun, Nov 12, 2023

    Alaska city issues ‘snow emergency’ after two days of snowfall as four die in blizzard
    The US city has declared a ‘snow emergency’ following two days of record-breaking snowfall. This unusual weather event resulted in four fatalities.

    https://www.the-express.com/news/us-news/118176/Alaska-anchorage-weather-snow-warning

    In just 48 hours, over two feet of snow fell in Alaska’s largest city, Anchorage, breaking two daily records. The city’s daily snowfall record was smashed on Wednesday when nine inches of snow fell in 24 hours.

    “The previous record for Nov. 8 was 7.3 inches of snowfall in 1982. The 8.2 inches that fell Thursday broke the record of 7.1 inches set in 1956,” said National Weather Service meteorologist Nicole Sprinkles.

    This is only the fourth time on record that the city has seen consecutive days of nine inches of snow in any month. Some parts of Anchorage, particularly those closer to the Chugach Mountains, recorded up to 30 inches of snow. The extreme weather caused power outages, school closures and some highway closures.

    And more regions are set for heavy snow this year. Freeze alerts have been issued from Texas to Maine as early winter weather hits US. New maps have revealed which states could see dangerous levels of snow this winter as Americans brace for the big El Niño freeze.

    According to the National Weather Service in Anchorage, snow piled up between 9 and 15.5 inches from Matanuska-Susitna Valley to Butte. Near Eagle River, residents saw more than 18 inches of snow, with a staggering more than 25 measures south of the city.

    The mayor’s office stated: “Snow accumulation was greater than what was forecasted, and due to the heavy snow, several fallen trees have been reported. Street maintenance operations have responded to 40 downed trees in the last 15 hours.”

    This week’s heavy snowfall blanketed tents and vehicles used by homeless people as makeshift shelters across Anchorage. This happened after the city shut down a large shelter set up in the city’s sports arena during the pandemic. While the city cleared at least one of these large camps, some folks chose to brave the cold outdoors rather than seek shelter.

    Sadly, the total number of homeless people who died while sleeping rough in the area this year has now reached 49, with four deaths from the recent snowfall. Last year, 24 people died in the same way, with 11 of those deaths occurring in the winter months. Of the four recent deaths, a woman died on November 9 when her makeshift shelter caught fire, possibly due to a heating source used to warm it.

    The other three deaths were all men – one was found dead in the doorway of a downtown gift store where he often slept. Another man died near a busy road close to a Walmart, and the third was found in a tent at a camp near the city’s main library.

    1. “San Francisco’s homeless population was entirely cleared out for Xi Jinping. The gov. can easily fix our cities overnight. It just doesn’t want to.” @EndWokeness

      “U.S. taxpayers’ money is being used to protect the “safety” of a communist dictator…” @jenniferzeng97

    1. The Financial Times
      56 minutes ago
      UK gilts rally as house prices ease
      Mary McDougall and Stephanie Stacey in London

      UK bonds rallied on Monday pushing yields on interest-rate sensitive 2-year gilts down 0.05 percentage points to 4.62 per cent, close to a five-month low.

      Estate agent Rightmove said asking prices for homes in Britain had fallen at their fastest pace in five years for the time of year, with average asking prices falling 1.7 per cent last month.

      “Weaker house price data is helping to feed the narrative that monetary policy is doing its job and the peak is in,” said Imogen Bachra, head of non-dollar rates strategy at NatWest.

      Sterling rose 0.2 per cent against the dollar to $1.22, its strongest level since Thursday.

  23. Warren Buffett’s $38 Billion Silent Warning to Wall Street Shouldn’t Be Ignored
    By Sean Williams – Nov 13, 2023 at 5:06AM

    Key Points

    – Berkshire Hathaway’s cash flow statements offer an ominous warning for Wall Street.

    – Stocks aren’t cheap, and that’s usually bad news for investors.

    – Being patient is what’s made Warren Buffett such a phenomenal investor for nearly 60 years.

    https://www.fool.com/investing/2023/11/13/warren-buffett-38-billion-warning-to-wall-street/

    1. Updated Mon, Nov 13 2023 7:08 AM EST
      Stock futures dip after Moody’s downgrades U.S. outlook: Live updates
      Lisa Kailai Han
      Hakyung Kim
      NEW YORK, NEW YORK – NOVEMBER 10: Traders work on the floor of the New York Stock exchange during morning trading on November 10, 2023 in New York City. Stocks rose during the opening of the exchange a day after the Dow Jones lost 220 Points and the S&P 500 dropped 0.8 percent snapping its longest winning streak since 2021. (Photo by Michael M. Santiago/Getty Images)
      Michael M. Santiago | Getty Images

      U.S. stock futures dipped on Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.

      Dow Jones Industrial Average futures
      fell 8 points. Futures tied to the S&P 500 and Nasdaq-100 both shed about 0.2%.

      Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues.

      “In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”

      https://www.cnbc.com/2023/11/12/stock-market-today-live-updates.html

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