It’s Been Hard To Find Buyers, I Can’t Get People To See It!
A report from Gulfshore Business on Florida. “Market Trends took place March 12 in downtown Fort Myers with a crowd of more than 1,000 real estate aficionados. In 2023, home sales slowed by about 18% across the three-county region of Lee, Collier and Charlotte counties, said resale home expert Denny Grimes. ‘The scary thing is you have to go back to 2008 to find a year that slow,’ Grimes said. ‘That’s 15 years. You have to go back to 1995, 28 years ago, to have a year slower than the one last year. I think there’s no doubt our market is correcting itself.'”
The Las Cruces Sun-News in New Mexico. “Over the past few years, open houses in and around Las Cruces were scarce to say the least. Homes listed during the week often sold before the weekend rolled around, and agents were scrambling to match their buyers with each new listing that hit the market. Then came rising mortgage interest rates. At the same time, our local listing inventory began to grow, and the number of showings began to dwindle. Take for example the weekend of March 2 and 3, when more than 50 homes were held open. So, why would a Realtor give up their Saturday and Sunday and spend three-to-four hours each day pursuing something that he or she knows will fail 93 percent of the time? One explanation is that it doesn’t matter whether or not the buyer who walks in the house buys it. After all, the Realtor could easily show and sell them one of the other 500-plus homes that are also for sale.”
News.com.au on California. “The true extent of Kylie Jenner’s riches — or, perhaps, the lack thereof are the source of much speculation, as the entrepreneur struggles to sell her mansion. Jenner, 26, and her ex Travis Scott, 32, have been trying to sell their seven-bedroom, 10-bathroom Beverly Hills estate since 2022. The home, which they purchased in 2018 for $13.45m, first listed for $21.9m. But without any takers, they cut the price four months later to $20m. The residence was briefly taken off the market until it resurfaced a few weeks ago — to the new reduced price of $17.9m. Real estate tycoon Barbara Corcoran old TMZ that slashing the price from $21.9m to less than $18m isn’t enough, and they need to be real when it comes to their asking price.”
“‘I am sure they will get nowhere near that amount. LA has not been the best market for luxury mansions with the new taxes there,’ Corcoran told the outlet. ‘You got to get realistic.'”
The Los Angeles Times in California. “Privileged Rockridge hardly seems the sort of neighborhood that would generate grist for the crime blotter. But that changed last year, when one of Oakland’s more upscale enclaves suffered a string of retail break-ins and armed robberies. The harshest critics describe Oakland as a ‘ghost town’ of failing businesses and rampant crime. Many activists trace the crime wave to the COVID-19 lockdowns. Along with job losses, the enduring shift to remote work has emptied out downtown streets. The prolonged closure of schools created another problem, pushing teenagers out of classrooms and into the community, often without positive alternatives.”
“Adding to a sense of unease is a policy that means suspects often get away, even when they are spotted at the crime scene. Since 2014, Oakland has barred officers from pursuing suspects who are not armed with a gun or involved in a forcible or violent crime. Late last month, video cameras caught robbers making off with $100,000 worth of jade collectibles from a store on upscale Piedmont Avenue. Responding officers spotted four suspects jumping into a car, but did not follow.”
The Washington Post. “The region’s accelerating population growth has done little to relieve some areas of the District hit hardest by pandemic closures and the absence of remote workers. espite Mayor Muriel E. Bowser’s $400 million plan to resuscitate downtown, office attendance remains below 50 percent, storefronts sit vacant and anxiety over the future of the District’s core has continued to climb. Cities like New York, Chicago and Los Angeles suffered substantial overall population losses in the past year, even as they continued to see a steady influx of immigrants, data show. More deaths than births and significant out-migration from those areas tipped the scales far enough that even tens of thousands of new immigrants could not account for population losses, said Brookings Institution senior demographer William Frey.”
New York Daily News. “Even as New York City is undergoing its worst housing crunch in decades, there are still some surprising pockets of Manhattan where rents have actually declined over the past year according to StreetEasy, which found that asking rents are falling across most of the borough even as they saw a spike in Brooklyn and an even bigger one in Queens. Of the 12 neighborhoods in Manhattan that saw year-over-year declines, the steepest drop was in Battery Park City, which plummeted 12.7% to $4,895, followed by Greenwich Village, which fell 7.6% to $3,995; Gramercy Park, which slipped by 5.9% to $4,585; the Lower East Side, which slid 4.6% to $4,100; and the Upper West Side, which dropped 4.1% to $4,295. StreetEasy economist Kenny Lee predicted Manhattan asking rents will continue to decrease ‘as landlords adjust prices to attract tenants.'”
Bisnow New York. “GFP Real Estate is under contract to buy a large, nearly empty office tower in Manhattan’s Financial District at a significant discount. The firm has agreed to buy 222 Broadway, a 31-story office tower, for $150M, The Real Deal reports. The price is a huge markdown from when the property last changed hands. Deutsche Bank’s asset management arm, DWS, acquired the property in 2014 for $502M, according to property records. The building’s offices are just 31% occupied. The reported price shows just how far the values of certain properties have fallen. Selling 222 Broadway at a 70% discount compared to its last sale represents another institution washing its hands of an office asset rather than trying to rehabilitate it. Earlier this year, the Canada Pension Plan Investment Board offloaded a stake in 360 Park Avenue S. to its joint venture partner for $1”
Blog TO in Canada. “One Toronto framer is warning that the city’s construction sector is in major trouble, as exorbitant housing prices have made it unrealistic for any prospective buyers to purchase a property. In a TikTok, user @procarpentrytrips updated a clip he had filmed several months ago, which warned that many construction workers were without work thanks to the city’s pricey real estate market. In an update to the video, the man explained that the situation had progressively gotten worse since he filmed the first part. ‘So guys, that was me about six months ago, you now fearing for the worst, and unfortunately, at this time, the worst has come to fruition,’ he said. ‘Guys have been sitting home for weeks on end. I personally know three guys are going broke and one is about to get this house foreclosed on.'”
The Financial Post in Canada. “To passersby, the construction site at Yonge and Bloor in downtown Toronto where The One, an 85-storey mixed-use development is slowly taking shape. The project, launched by developer Sam Mizrahi and partner Jenny Coco nine years ago, was forced into receivership in October after a key lender grew impatient with delays, rising debt and ballooning costs. Last month, Mizrahi’s firm was removed as construction manager. While The One’s struggles are drawing attention due to its $2-billion price tag, it is not alone. An increasing number of residential construction projects have been forced into receivership over the past 12 months, a trend that industry watchers say is likely to get worse.”
“‘Receivership is a nightmare scenario,’said Marlon Bray, a cost consultant at global real estate advisory firm Altus Group. ‘It’s almost impossible to come back from receivership these days, or extremely difficult.’ In January, the Bank of Montreal and other creditors successfully obtained a court-appointed receiver for a 55-storey condominium tower in downtown Vancouver. In November, a number of Vandyk Properties developments, encompassing 1,700 units across Toronto, were placed into receivership due to debts surpassing $200 million. A month earlier, a four-tower development called Elevate Condominiums in Kitchener, Ont., was also placed into receivership with $64 million owed. According to the lender’s counsel slip, one tower was already 80 per cent complete. Last summer, a seniors home in St. Albert, Alta., went into receivership with construction incomplete.”
The Globe and Mail in Canada. “Recently, the pricing in the tiny township of Greater Madawaska – the area that includes Calabogie Lake with just about 2,500 residents – followed the boom-bust of pandemic-area cottage country across Ontario. ‘We saw huge increases in 2022, in terms of sales and sale price, in 2023, we saw the average number round off to where it was in 2021 … and it’s been a little bit slower to start this year for sure,’ said Jessica Fay, a broker with Royal LePage Team Realty and a lifelong Calabogie resident. According to data from the local Renfrew County Real Estate Board the median price in the area spiked to $700,000 in 2022, before falling back to below $500,000 in 2024.”
“‘It’s been hard to find buyers over $500,000 for the last six months to a year,’ said Vincent Johnston, a salesperson with Century21 Eady Realty, who said even lakefront property has become a difficult sell. ‘There’s been no waterfront sales on Calabogie Lake; well, there’s one that sold for $1.2-million, but they started at $2-million a year ago. It took a big drop to get that done. I’ve got one on the waterfront; it’s $785,000 … I can’t get people to see it!'”
The Evening Standard in the UK. “London rental prices have dropped by up to 10 per cent in some areas compared to last year, reports Chestertons. The estate agents said they had seen a 125 per cent increase in the number of landlords lowering their asking rents in February 2024. Landlords are under pressure to fill their properties as there are almost 40 per cent more rental properties on the market compared to 2022, but fewer tenants looking for a place to rent. ‘Landlords that have become accustomed to continually rising rents since Covid and aren’t willing to adjust to the current market conditions are increasingly finding themselves with empty properties, a situation which was very rare last year,’ explained Adam Jennings, head of lettings at Chestertons.”
From Reuters. “Germany is midway through a four-year real estate crisis that will lead to more losses and distressed sales of unwanted properties, the head of Commerzbank’s real estate business told Reuters. The euro zone’s largest economy is in the grip of its worst property slump since at least the 2007-9 global financial crisis, after a sharp rise in borrowing costs and a higher proportion of riskier lending tipped the sector into one of Europe’s biggest downturns. ‘We believe we are at half-time right now, after two years of crisis, with two years of crisis in front of us,’ Henning Koch, the chief executive of Commerz Real said. Koch expects more investors to pull cash from the sector and more property owners to become forced sellers. ‘We are still seeing a hard, long way to go,’ he said.”
“The wave of distress working through the German real estate industry has provided the firm with buying opportunities, Koch said, adding he was tracking the planned sales of multiple projects owned by the collapsed Austria-based property group Signa. ‘We clearly look at those situations. You want to buy out of insolvency because you have a safe legal haven and framework,’ he said, but added that pricing needed to reflect market realities.”
From News.com.au. “A building company that recently collapsed owes creditors in excess of $13 million while a handful of customers claim they are set to lose the sum total of the money they paid as a deposit. At the end of last month, the Victorian Supreme Court ordered residential builder Apex Homes Australia Pty Ltd to go into liquidation. Several customers paid substantial lump sums to Melbourne-based Apex Homes Australia as a deposit but they claim they have since learned they did not receive domestic building insurance. As a result, they are not covered under a last resort insurance scheme and could lose the whole amount.”
“‘It’s left us in a bit of a hole. We’re facing housing uncertainty. It’s just all up in the air,’ Jonathan Dhondee, who paid $41,000 as a deposit, told news.com.au. News.com.au previously reported that Apex’s telephone line was disconnected in the days leading up to its collapse and a port-a-loo had been removed from a build site. One customer described Apex’s communication with them as ‘abysmal.’ ‘It’s a horrendous experience,’ another previously said.”
South China Morning Post. “The local government in Hangzhou, the capital of eastern Zhejiang province, has taken another drastic move to ease home-purchase restrictions in the city, after an effort last year failed to rejuvenate the housing market. The city, home to China’s tech leaders, removed curbs on second home ownership with immediate effect, joining other top-tier mainland cities in breaking down barriers and ending a three-year slump nationwide. ‘This policy targets the second-hand home market accurately,’ said Gao Yuansheng, executive vice-president at the Zhejiang branch of China Index Academy. ‘This segment of the market still faces huge supply pressures.’ About 70,000 units will enter the market this year, adding to the existing inventory of 140,000, the academy forecasts.”
“While the move in October lifted demand, it has failed to sustain it. The city recorded 5,849 deals of new homes and 6,875 of second-hand units in the first two months this year. They were 64 per cent and 21 per cent lower than the same period last year, according to data compiled by Zhuge Real Estate Data Research Centre.”
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You will own nothing
You will own nothing.
‘Over the past few years, open houses in and around Las Cruces were scarce to say the least. Homes listed during the week often sold before the weekend rolled around, and agents were scrambling to match their buyers with each new listing that hit the market. Then came rising mortgage interest rates. At the same time, our local listing inventory began to grow, and the number of showings began to dwindle. Take for example the weekend of March 2 and 3, when more than 50 homes were held open. So, why would a Realtor give up their Saturday and Sunday and spend three-to-four hours each day pursuing something that he or she knows will fail 93 percent of the time? One explanation is that it doesn’t matter whether or not the buyer who walks in the house buys it. After all, the Realtor could easily show and sell them one of the other 500-plus homes that are also for sale’
You really screwed up this time Jerry.
It will take a while for the collective consciousness to catch on.
‘Selling 222 Broadway at a 70% discount compared to its last sale represents another institution washing its hands of an office asset rather than trying to rehabilitate it’
Are we there yet?
‘This segment of the market still faces huge supply pressures.’ About 70,000 units will enter the market this year, adding to the existing inventory of 140,000, the academy forecasts…While the move in October lifted demand, it has failed to sustain it. The city recorded 5,849 deals of new homes and 6,875 of second-hand units in the first two months this year’
Now that’s a shortage!
‘Adding to a sense of unease is a policy that means suspects often get away, even when they are spotted at the crime scene. Since 2014, Oakland has barred officers from pursuing suspects who are not armed with a gun or involved in a forcible or violent crime. Late last month, video cameras caught robbers making off with $100,000 worth of jade collectibles from a store on upscale Piedmont Avenue. Responding officers spotted four suspects jumping into a car, but did not follow’
You got a real mickey mouse operation there Oakland. Even popular burger chains are bailing, according to the article.
Easily one of the most unsafe cities I’ve ever been in. And that was decades ago.
Are we facing the most overpredicted stock market correction to never happen?
You’re right. It will never go down again. We’ve reached a permanently higher plateau.
In this economy plateaus do not work. It’s either grow or die. Ponzi’s cannot sustain a plateau.
Not a history buff I see
Yale economist Irving Fisher was jubilant. “Stock prices have reached what looks like a permanently high plateau,” he rejoiced in the pages of the New York Times. That dry pronunciation would go on to be one of his most frequently quoted predictions — but only because history would record his declaration as one of the wrongest market readings of all time.
At the time he said it, in early October, he had good reason to believe he was right. On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17, reaching the end of an eight-year growth period during which its value ballooned by a factor of six.
“history buff”
Beware the Ides of March.
https://www.history.com/news/beware-the-ides-of-march-but-why
It feels more 1973 than 1929…
“Ides of March”
Happy Pi Day today!
Happy Tau Beta Pi day.
What day do we celebrate Lambda Lambda Lambda?!
Probably when you’re a freshman.
DOW FUTURES +0.28%
S&P 500 FUTURES +0.15%
NASDAQ 100 FUTURES +0.19%
Morgan Stanley’s CIO sticks by his forecast for a 13% S&P 500 sell-off, says FOMO-driven investors make records unsustainable
Matthew Fox
Mar 12, 2024, 12:28 PM PDT
– Morgan Stanley CIO Mike Wilson reiterated his bearish stock market view on Tuesday.
– Wilson cited “FOMO” trading activity among investors as reason to stay cautious on stocks.
– “We are seeing speculative activity pick up in a meaningful way,” Wilson said.
Morgan Stanley CIO Mike Wilson reiterated his bearish stock market view on Tuesday, telling Bloomberg Surveillance Radio that he’s seeing more signs of speculation among investors.
“We are seeing speculative activity pick up in a meaningful way,” Wilson said.
Wilson has a year-end S&P 500 price target of 4,500, representing potential downside of about 13% from current levels. The only Wall Street strategist more bearish than Wilson is JPMorgan’s Marko Kolanovic, who has a 4,200 year-end price target.
Wilson has held a bearish view on stocks for over a year,and admitted to Bloomberg that he was caught off guard by the 26% rally in stocks since their late-October low.
…
https://markets.businessinsider.com/news/stocks/bearish-stock-market-outlook-mike-wilson-fomo-rally-exuberance-2024-3
Updated 27 min ago
Yahoo Finance
Stock market today: US futures head higher despite hot inflation print
Karen Friar and Ines Ferré
Updated Thu, Mar 14, 2024, 6:00 AM PDT
In this article:
US stock futures climbed on Thursday, with momentum returning despite a hotter than expected wholesale inflation print serving as one of the last pieces of data that could sway the Federal Reserve at its policy meeting next week.
Futures on the S&P 500 (^GSPC) rose 0.3%, signaling a potential bid ahead for its 18th record close this year. Dow Jones Industrial Average (^DJI) futures were up roughly 0.4%, or over 100 points.
Meanwhile, the tech-heavy Nasdaq 100 (^NDX) also gained 0.4%, coming back after Nvidia (NVDA) and Tesla (TSLA) dragged stocks lower on Wednesday.
February’s producer price index rose 0.6%, higher than an expected increase of 0.3%. Investors were watching whether inflation is cooling fast enough to satisfy Fed policymakers and herald interest-rate cuts. That said, the market shrugged off signs of sticky inflation in Tuesday’s CPI report and stuck to their hopes for a policy pivot come summer.
…
https://finance.yahoo.com/news/stock-market-today-us-futures-head-higher-despite-hot-inflation-print-124142837.html
Economy
Layoffs could be coming as debt-laden firms navigate the pain of higher rates, economists say
Jennifer Sor
Mar 12, 2024, 2:25 PM ET
– The economy could be primed for a surge in layoffs by the end of 2024, economic experts say.
– That’s because aggressive Fed rate hikes haven’t been fully felt across the economy.
– Unemployment could rise to around 5% by year-end, according to economist David Rosenberg.
…
https://www.businessinsider.com/layoffs-recession-economy-job-market-outlook-fed-interest-rates-debt-2024-3
Inflation
Published March 14, 2024 8:39am EDT | Updated March 14, 2024 8:55am EDT
Wholesale inflation unexpectedly accelerates to highest level since September
Labor Department releases closely watched wholesale inflation data
…
https://www.foxbusiness.com/economy/ppi-wholesale-inflation-february-2024
Finance ·Jamie Dimon
Jamie Dimon says the Fed should hold off on cutting interest rates because the economy is ‘kind of booming’
BY Will Daniel
March 12, 2024 at 10:18 AM PDT
…
https://fortune.com/2024/03/12/jamie-dimon-fed-interest-rates-economy-booming/
Treasury yields rise after February wholesale inflation turns out hotter-than-expected
Published Thu, Mar 14 2024 5:43 AM EDT
Updated 50 Min Ago
Brian Evans
Sophie Kiderlin
WATCH LIVE
In this article
U.S. Treasury yields ticked higher Thursday as traders weighed the latest wholesale inflation data and its potential impact on Federal Reserve policy going forward.
Yields on the 10-year Treasury note
rose about 3 basis points to 4.219%, while the 2-year Treasury yield was last at 4.658%, also up about 3 basis points.
Yields and prices move in opposite directions and one basis point equals 0.01%.
…
https://www.cnbc.com/2024/03/14/us-treasury-yields-investors-await-wholesale-inflation-data.html
Yellen the Felon just apologized for saying inflation is “transitory.”
“Yellen the Felon just apologized for saying inflation is “transitory.””
“One of the great mistakes is to judge policies and programs by their intentions rather than their results.” – Milton Friedman
– The Fed: The 5th branch of guberment. Right after The Deep / Administrative State. Both unelected and unaccountable to the American people, and yet, here we are.
\\
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” – Ernest Hemingway
“The only thing worse than inflation is nuclear war” – Charlie Munger
“Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes.” – Thomas Sowell.
“Inflation is a monetary phenomenon. It is made by or stopped by the central bank.” – Milton Friedman
“The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.” – Ludwig von Mises
\\
– In my view – for what it’s worth – the current admin. and their lapdog Fed want the economy to run hot up until the Nov. election. That means stealth stimulus, which is inflationary.
– Can they keep the wheels on the bus of the U.S. economy until then? Now at the duct tape and bailing wire stage. We’ll see what happens.
\\
“I abandoned free market principles to save the free market system.” – George W. Bush, on CNN, December 16, 2008
‘It became necessary to destroy the town to save it” as reported by Peter Arnett, Tet Offensive, 1968
“If money isn’t loosened up, this sucker could go down,” – George W. Bush, Sept. 25, 2008
https://twitter.com/GRomePow/status/1768324112060158269
Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 @GRomePow
No prison, no loss of job, no loss of pension.
https://thehill.com/business/4529787-yellen-regrets-saying-inflation-transitory/
Yellen says she regrets saying inflation was ‘transitory’
by Taylor Giorno – 03/13/24 3:43 PM ET
“Treasury Secretary Janet Yellen said she regrets describing inflation in 2021 as “transitory,” the term several Federal Reserve and Biden administration officials used to describe the pandemic-induced price surges they initially thought would be temporary.”
““I regret saying it was transitory. It has come down. But I think transitory means a few weeks or months to most people,” Yellen said during an interview with FOX Business Network’s Edward Lawrence on Monday.”
11:11 AM · Mar 14, 2024 · 1,161 Views
\\
– Oops! Inflation hasn’t returned to pre-pandemic levels, i.e. the Fed target of 2%. Prices won’t come down until outright de-flation. Hi prices are now becoming embedded in the economy. Inflation is a regressive tax on the middle class (soon to be poors) and the current poors. Wealthy Fed employees say (but I repeat myself): “Honey badger don’t care.” Yellen certainly doesn’t care. Inflation should be 0%, but then the wealthy couldn’t steal your wealth and fund guberment spending with $ printing. Prison time, or even the threat of it would solve a lot of problems today, but instead, virtually no consequences.
\\
– Stealer’s Wheel, “Stuck In The Middle With You”
“Clowns to the left of me, jokers to the right
Here I am, stuck in the middle with you”
Life is transitory.
In the long run we are all dead, though our heirs may still be dealing with higher-for-longer inflation.
Elderly Polish Farmer Faces Years in Prison After Brutal Police Crackdown During Warsaw Protest
by John Cody | Remix News
March 14th 2024, 7:38 am
Under Polish law, can the police use force in such a way without warning, even if there is no active resistance from protesters or from those people who refuse to disperse after a protest is disbanded?
Absolutely not. In the opinion of the Ordo Iuris Institute’s lawyers, this use of direct coercive measures by the police was unjustified in many cases. In such a situation, according to the provisions of our Law on Direct Coercive Measures and Firearms, the police should first call on a person to behave lawfully and warn him or her of their intention to use these means of direct coercion.
In the videos, we see neither these calls nor any warning that the police intend to enforce such direct coercive measures. There was even a situation where an MP, Slawomir Mentzen from Konfederencja, who was standing together with other protesting farmers and talking to them, was at one point sprayed with tear gas.
I would add that the recordings also show other instances of improper behavior by police officers.
In one of the videos, for example, you can see a policeman throwing a cobblestone at a crowd of protesters. In another, one of the participants in the gathering can be seen being led by two police officers. His hands are cuffed behind his back, and at one point one, of the policemen hits him on the head for no apparent reason. In one case, you can see policemen picking out one young man with a Polish flag in his hand from a small cluster of protesters and brutally knocking him to the ground.
This type of use of force is not authorized. This is why the lawyers of the Ordo Iuris Institute are now analyzing all the evidence available in the media or sent to us by different people. We will be signaling to the prosecutor’s office those police officers who have exceeded their authority.
https://www.infowars.com/posts/elderly-polish-farmer-faces-years-in-prison-after-brutal-police-crackdown-during-warsaw-protest
James O’Keefe
@JamesOKeefeIII
BREAKING INSIDE THE PENTAGON: Associate Director in the Office of the Secretary of Defense says, “Why not just have an open border?” “Tear down the wall.”
“I think we should repeal the Second Amendment and take the guns all away!” says Jason Beck, who has a classified security clearance and works for the Department of Defense. Beck, who uses a fake name Aiden Grey in his meetings with a disguised James O’Keefe, describes his extremist policies, including “mobilizing the national guard” to confiscate guns from people’s homes. Beck says he wants a “monopoly on state violence,” a concept he describes as “‘We {the government), are the only ones with guns.”
https://x.com/JamesOKeefeIII/status/1768009862963728480?s=20
Globalists gonna globe.
Kari Lake
@KariLake
Watch this ⤵️
Mar 13, 2024
https://x.com/KariLake/status/1767954369339949566?s=20
This does not bode well for chiraq
Officials in Chicago have been struck with a third case of measles found in the child of an illegal alien staying in one of the Windy City’s shelters,
https://www.breitbart.com/immigration/2024/03/14/chicago-struck-multiple-cases-illegals-measles-cdc-responds/
Quick Q: does anyone go to the FoxNews website anymore? Now you have to sign in (it’s free) to see most of the articles, and the it looks like the comment sections have disappeared. I guess they’re trying to funnel people into giving up their email so it can be spammed.
FoxBusiness is still functioning.
“Quick Q: does anyone go to the FoxNews website anymore?”
– I scan the main page, but don’t click on articles anymore, since they now require your email address.
– I’ve been going to breitbart.com since the change. I also like instapundit.com, pjmedia.com, and townhall.com, but there are many other conservative news sites that don’t require your personal data. BTW, I think theepochtimes.com is one of the few conservative news sites that’s worthy of a subscription.
Ox: i use a fake name and a yahoo account for all the newsletters and spam, so some days there are 40+ emails to discard when i wake up been doing this for years
Thanks for the tips. I’ve also noticed that the front-page stories were getting more and more tabloid, like the National Enquirer. Fox must have gotten some new editor-in-chief or similar who ordered this change: tabloid headlines to get you addicted, then ask for email address, then take out comments so commenters don’t summarize the story points. Bad decision. They are going to LO-O-O-O-S-E a lot of eyeballs. People will just go to X. And surprisingly, CNN has pretty good news IF you avoid the political hate.
– Just like in Housing Bubble 1.0, the house price decline in Housing Bubble 2.0 will take a while, but the trend is in place. Slow motion train wreck. History says that asset bubbles don’t go sideways or plateau, they always burst and prices revert to the mean, with undershoot. Humpty Dumpty. Popcorn and CO craft beer at the ready and in ample supply, similar to the rising housing inventory in 2024… 🍿 🍺 🏠 😀 Waiting for stonks to join the party.
https://twitter.com/artimidore/status/1768281459457204325
Marcel @artimidore 16m
Here’s the YoY median list price data from Realtor going back to 2017, so you can see how anomalous this is
https://pbs.twimg.com/media/GIoyNd2bwAA1T9X?format=jpg&name=large
https://twitter.com/artimidore/status/1768268548210934068
Marcel @artimidore · 1h
Annnd just on cue… median listing prices from Realtor show the first YoY DECLINE of 2024 at -0.6% YoY (down from 0.0% YoY last week)
New listings at +16% YoY, active listings 22% YoY, days on market still slowing
8:22 AM · Mar 14, 2024 · 12 Views
https://www.redfin.com/news/housing-market-update-new-listings-surge/
Housing Market Update: Listings Surge, Luring Some Buyers off the Fence, But Near-Record Housing Costs Price Others Out
March 14, 2024 by Dana Anderson
“New listings rose 13% from a year earlier, their biggest increase in nearly three years, but home prices and mortgage rates remain elevated.”
More liberal cities, states ask private residences to house migrants amid overwhelming numbers
https://www.yahoo.com/news/more-liberal-cities-states-ask-080054652.html
Several liberal cities and states have been expanding ways of dealing with the surge of migrants coming into their jurisdictions, including asking residents to help house immigrants to relieve pressure on the shelter system.
Denver officials recently told local outlets that the city is looking for alternative ways to house migrants. Fox 31 reported that the city recently emailed Denver rental property owners asking if they would be interested in renting to migrants who need housing.
It comes as the city is scaling back its migrant services in an attempt to reduce the budget deficit by nearly $60 million and consolidate shelters.
“We put out a feeler to all the landlords we have connections with,” an official for Denver Human Services told the outlet. “Basically said, listen, we’re going to have some newcomers who are going to need housing.”
They are setting a rent cap of $2,000 and say the effort is being supported by nonprofits that are connecting migrants with various forms of housing.
But it’s one of a number of ideas floated as a solution by cities that have seen themselves overwhelmed by migrant numbers.
In New York City, Mayor Eric Adams in June floated the idea of eventually housing migrants in private dwellings and paying landlords of homeowners. He suggested it as he announced that a number of faith-based services had agreed to shelter migrants.
“It is my vision to take the next step to these faith-based locales and then move to a private residence,” he said. “We can take that $4.2 billion, or $4.3 billion maybe now, that we potentially have to spend, and we can put it back in the pockets of everyday New Yorkers, everyday houses of worship instead of putting it in the pockets of corporations, and some of those corporations come from outside of our city.”
In Chicago, a sanctuary city, suburban lawmakers proposed in January that residents be allowed to sign up to host migrants in their homes.
“You know, we do hear from constituents on both sides of this: what are we going to do to preemptively stop this? And then we hear from people that tell us we should do more, so we do have a very affluent community, a lot of big homes, and what I’d like to do is direct staff to create a sign-up sheet … for individuals that would be willing to house migrant families,” Naperville, Illinois, Councilman Josh McBroom said.
And if there’s people that would do that, God bless them. So, if we could raise awareness in that way, I think we need to find out. I think we need to find out who would be willing to house migrant families,” he said.
The proposal was later nixed, according to Patch.com, with Naperville’s city council determining state and federal agencies would handle any such action.
In Massachusetts, Lt. Gov. Kim Driscoll asked state residents to open their doors in August after the state saw a shortage of shelters.
“Most importantly, if you have an extra room or suite in your home, please consider hosting a family. Housing and shelter is our most pressing need and become a sponsor family,” Driscoll said.
Driscoll’s comments echoed Gov. Maura Healey’s statement that called on residents to “offer a helping hand.”
“This is a national issue that demands a national response,” Healey said during a press conference. “In the meantime, we’re simply asking the federal government to use the tools already available to give these brave parents a chance to work and support their families. At the same time, we’re calling on everyone in Massachusetts to come together, help us meet this moment in our state and offer a helping hand.”
Meanwhile, in Michigan, state officials asked residents in February to house refugees in their homes and help them to resettle. The state Department of Labor and Economic Development said volunteers who wish to participate must commit for at least 90 days as part of the refugee support program.
Sponsors would be expected to support newly arrived refugees by greeting them at the airport, securing and preparing initial housing, enrolling children in school and helping adults find employment.
You are being replaced.
See also: the Southern Poverty Law Center and Anti Defamation League.
#Noticing
#Naming
“Naperville, Illinois, Councilman Josh McBroom ”
IIRC, McBroom was the pol who put out the proposal as a sort of prank, just to see if these liberals whiners would put their homes where their mouths were. I don’t think there were any takers.
“More liberal cities, states ask private residences to house migrants amid overwhelming numbers”
– First of all, the open southern U.S. border is unconstitutional; it’s an invasion, pure and simple. It’s treason by any and all aiding and abetting this tidal wave of illegal immigrants. Approximately 10M since Brandon took office.
– As far as “asking” citizens to house these undocumented, unvaccinated, unskilled invaders, well they can ask and we can say “no.”
U.S. Consitution, Fifth Amendment:
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
– Supported by the 2nd Amendment:
Second Amendment
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
– This and other wrongs will be righted peacefully by the vote of the people on Nov. 5th, or by other means, as necessary soon afterwards. Those found guilty of violating their oath of office (which are many) should be immediately turned out on their ear. Those additionally found guilty of treason (which are also many in my view) should suffer the consequences to the fullest extent of the law possible.
\\
“The strength of a nation lies in the homes of its people.” – Abraham Lincoln
“We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” – Abraham Lincoln
“The rights of man come not from the generosity of the state but from the hand of God.” – John F. Kennedy
“The state is the servant of the citizen, and not his master.” – John F. Kennedy
“Those who make peaceful revolution impossible will make violent revolution inevitable.” – John F. Kennedy
“due process of law”
So if Congress passes a law, they can take private property by their own due process. I guess they would still owe just compensation.
How soon before it is mandatory that “You do your fair share”?
I’m sure they’re working on that.
“‘I am sure they will get nowhere near that amount. LA has not been the best market for luxury mansions with the new taxes there,’ Corcoran told the outlet. ‘You got to get realistic.’”
The new “mansion tax” is the least of their problems.
Anyone who has been to LA lately will marvel at all the new homeless, drug addicted crazy people, needles and feces on the street, an outrageous sales tax of 9.50%, businesses closing due to rising crime, and a District Attorney who refuses to prosecute.
Palm Beach County.
Palm Beach County Sheriff Destroys Federal Government Following Arrest of Three Illegal Immigrants for Kidnapping and Assault (3/14/2024):
“Palm Beach County Sheriff Ric Bradshaw has launched a fierce critique of Biden regime’s immigration policies. His comments came following the arrest of three illegal immigrants from Guatemala on charges of kidnapping and sexual assault.
The alarming incident, which unfolded on Tuesday according to WPTV reports, involved the three men forcibly taking the woman into a vehicle and subsequently assaulting her at two separate locations west of Lake Worth Beach.
The identities of the suspects have been released as Andres Felipe Morales, 29, Darinel Ordonez Jjimenez, 30, and Marcos Felipe Ramirez, 31.”
^ Look at those mugshots and tell yourself that the only thing stopping these newcomers from resuming their careers as doctors and astronauts is the issuance of the magical work permits.
“Sheriff Bradshaw did not mince words when addressing the incident.
“Don’t think for a minute that what happens at the Mexican border doesn’t affect us here. Here, you have three illegals that should have never been in this country that have committed a very serious crime. Kidnapping and sexual battery of a lady. They shouldn’t be here,” said Bradshaw.
“The federal government has put the American people in jeopardy. Our intelligence section, who works very closely with the FBI, has also identified that the most dangerous gangs in the world are now in Miami from Venezuela.”
“They make MS 13 look like school kids. They’re not going to stay just in Miami. They’re going to go where they need to go to do what they do. They don’t know if it’s Dade, Broward, Palm Beach county. They just go to do what they’re going to do, and we’re going to have to deal with them.”
https://www.thegatewaypundit.com/2024/03/palm-beach-county-sheriff-destroys-federal-government-following/
You are being replaced.
And the people replacing you have names: Jonathan Greenblatt.
Yup, the Sheriff didn’t pull any punches.
I’m sure this will be one big lump under the rug for the MSM but these rapes and murders by the “Newcomers” aren’t going to stop anytime soon so I don’t know how they will be able to bury it all between now and November.
I don’t know how they will be able to bury it all between now and November
Winston Smith will have to put in some serious overtime.
The Dems are trying to play the statistics like “Only 0.0003% of them are dangerous” or “the perils of women jogging alone [it’s her fault].” These are the same people who get riled up over one guy who OD’d on the sidewalk in Minneapolis. What are the stats for that?
On a side note, how about this: Local officials will allow all those Air BnB landlords to keep their STRs… IF they rent out to the new arrivals. House the illegals AND shut up those STR owners who need this to make ends meet or whatever. Kill two birds with one stone.
Those STR owners should be aware that the invaders will destroy their properties.
New York Times reluctantly reports on the inescapable Doom Loop.
Cities Face Cutbacks as Commercial Real Estate Prices Tumble (3/14/2024):
“Such steep discounts have become normal for office space across the United States as the pandemic trends of hybrid and remote work have persisted, hollowing out urban centers that were once bustling with workers. But the losses are hitting more than just commercial real estate investors. Cities are also starting to bear the brunt, as municipal budgets that rely on taxes associated with valuable commercial property are now facing shortfalls and contemplating cutbacks as lower assessments of property values reduce tax bills.
Since the pandemic, cities across the country have benefited from an economic rebound and an infusion of billions of dollars in federal relief money that was disbursed through the American Rescue Plan of 2021. That left municipalities so flush with cash that they were giving city workers raises, refurbishing local basketball and tennis courts and upgrading sewage systems.
But now budgets are starting to tighten.
A fiscal report published by the National League of Cities last year found that optimism among municipal finance officials has started to wane amid concerns of weaker sales and lower property taxes coinciding with the expiration of federal funds.
Cutbacks could lead to what Arpit Gupta, a professor at the New York University Stern School of Business, has described as an “urban doom loop” across the United States.
In a research paper that was updated late last year, Mr. Gupta and his colleagues estimated that the national office market lost $664.1 billion in value from 2019 to 2022. To fill the budget holes created by the lost tax revenue, they posited that cities could cut services or raise other kinds of taxes. But that would come with its own downsides, including prompting businesses and residents to leave, exacerbating the problem by further eroding the tax base.
The stress bearing down on the commercial real estate sector has been evident since the pandemic accelerated the trend of remote work. That has been complicated by high interest rates, which have made refinancing expensive, and stress in the banking sector, which is holding about $3 trillion of outstanding commercial real estate debt.”
https://archive.is/c6wNm
$3 trillion is that a lot?
There will be bailouts. There can’t not be bailouts. All paid for by you, the U.S. taxpayer.
Westfield (Malls) has announced that they want to break their lease and leave One World Trade Center due to rampant crime and homeless issues. The lease is through the MTA which wants to force them to stay due to serious financial concerns for MTA. Imagine how bad it has to be for Westfield to want to bail on a location like that! They are essentially saying they have zero confidence in NYC to turn any of this around in any reasonable time frame. Zoinks!
New York City Mayor Eric Adams is such a loser.
BUSINESS
Tens of thousands of residents moved out of San Diego County last year — almost double the number a year earlier
San Diego skyline in March.
Amid escalating housing costs, tens of thousands of residents left San Diego County between 2022 and 2023 — a level not seen in nearly three decades, with the exception of the first year of the pandemic.(Nelvin C. Cepeda/The San Diego Union-Tribune)
New Census Bureau data reveal that a combination of births and immigrants moving into the county over the last year wasn’t enough to make up for the unexpectedly high exodus of residents who left the county between 2022 and 2023.
BY LORI WEISBERG, PHILLIP MOLNAR
MARCH 14, 2024 5 AM PT
Against the backdrop of soaring housing costs in the last year, tens of thousands of San Diego County residents decided to take a big leap. They left.
New estimates released Thursday by the U.S. Census Bureau reveal that close to 31,000 more people moved out of the county than moved in between July of 2022 and July of 2023 — almost double what it was a year earlier. With the exception of the first year of the pandemic, when the net outflow exceeded 33,000, that volume of people exiting the county hasn’t been seen in nearly three decades.
…
https://www.sandiegouniontribune.com/business/story/2024-03-14/tens-of-thousands-of-residents-moved-out-of-san-diego-county-last-year-almost-double-the-number-a-year-earlier
A reader sent these in:
The Atlanta Fed’s gauge of sticky inflation has risen to about 5% on a 3-month annualized basis. Inflation is moving in the wrong direction for the Fed, so it’s interesting that the market’s base case is still that the Fed is going to cut rates by about 100bp by January 2025.
https://twitter.com/lisaabramowicz1/status/1767839607884796161
It was inevitable… Boeing is now under criminal investigation by US authorities.
https://twitter.com/Mayhem4Markets/status/1767555847289221218
A $400,000 mortgage in 2021 was $1,500 per month.
Today a $400,000 mortgage is $3,000 per month.
$1,500 more a month for the same house. Wild.
https://twitter.com/FluentInFinance/status/1767670148473794854
Rents are seriously softening.
We felt it with a lot of our new units that recently came online in LA. We had less showing requests, more people bail on appts, more negotiation, more concessions, and more $$ spent on marketing.
In LA, current supply makes up a relaitvely small % of existing inventory. I can only imagine some of these other markets where supply makes up a large % of existing inventory (>10%) like Austin.
Many of those projects are having and will continue to have major hurdles getting absorbed.
Rents will continue to soften & with long term inflation still out of the Feds control, this could be a prolonged period of WTF
https://twitter.com/Jakeladeveloper/status/1767563761333026835
ENRON 2.0
https://twitter.com/great_martis/status/1767786260591174110
It took 63% of all personal income taxes in Feb to pay the interest on the debt – no roads, no military, no schools, no social security – JUST INTEREST:
https://twitter.com/RealEJAntoni/status/1767622355294048486
Year-Over-Year Apartment Investment Has Fallen 63% as Developers Slam the Brakes on Multifamily Construction
https://twitter.com/MacroEdgeRes/status/1767644785735524745
Don’t know who needs to hear this but it’s an absolutely brutal & ruthless job market out there. Not just tech but corporate work more broadly. Hearing lots of stories of really smart people with 0% response rate on applications. Save. Survive. Be thankful if you still have work
https://twitter.com/AdamSinger/status/1767955352413184351
California job openings are down week over week again, full-on #Vibecession is on the verge of pushing the state toward 6%+ unemployment
https://twitter.com/DonMiami3/status/1768041528071516254
YELLEN: IT SEEMS UNLIKELY THAT INTEREST RATES WILL RETURN TO LEVELS AS LOW AS BEFORE COVID-19 PANDEMIC
https://twitter.com/DeItaone/status/1768004314809675959
❖ YELLEN: WE NEED TO BRING DOWN THE DEFICIT
https://twitter.com/DeItaone/status/1767973616572854453
❖ Janet Yellen warns inflation decline might not be ‘smooth’
Yellen said Wednesday that inflation could face a bumpy return to normal after back-to-back reports showed that price pressures within the U.S. economy rebounded at the start of the year.
https://twitter.com/DeItaone/status/1767946207987486993
Friendly hint for those who have difficulty reading charts
Chinese provinces are not bankrupt, they are way beyond that, they are in uncharted territory
Fingers crossed for this so famous BRICS currency
https://twitter.com/MichaelAArouet/status/1767983708680618450
This chart shows the probably biggest Ponzi scheme of all times
https://twitter.com/MichaelAArouet/status/1768015075061682293
There have been many complaints about the cost of living crisis in the US, but take a look what has been happening in Europe
https://twitter.com/MichaelAArouet/status/1767528199829758167
Going from putting out a budget with tax hikes to supposedly reduce the deficit to proposing tax cuts increasing the deficit inside the same week.
https://twitter.com/NorthmanTrader/status/1767999475656560989
Without government who would build a public toilet for almost the price of an average home?
https://twitter.com/AgoristN/status/1767966273063797105
This is reality. I have a kid, mid-30s, lives in LA, makes a good salary and can’t afford apartment. Given up hope of buying a house.
https://twitter.com/SeligerGrants/status/1768060231802896882
The Colorado sanctuary city of Denver is asking its residents to house ILLEGALS as shelters have become overcrowded with the influx of foreign invaders.
Now they are asking rental property owners to specifically rent to illegal migrants.
Crazy how fasts Dems can ruin a perfectly good country.
🔥🔥🔥
https://twitter.com/WallStreetSilv/status/1768006946030846170
Trudeau says it will take two generations for his policies to pay off.
How many hours a day do you think Trudeau spends looking at himself in the mirror?🤡 🌎
https://twitter.com/WallStreetSilv/status/1767991270843002934
Janet Yellen: “we need to bring down the deficit”
She says it, but she doesn’t mean it.
She also says sending $65 billion to Ukraine is a critical priority for the USA. They don’t know how to stop spending or even slow it down.
https://twitter.com/WallStreetSilv/status/1767977881576128524
“People eating at food banks in Toronto today would fill the Roger’s Center seven times”
The Roger’s Center in Toronto can fit 49,286 people.
“That is life in Toronto after 8 years of Justin Trudeau”
“Toronto, WHAT have you got for voting for Justin Trudeau?”
“You can’t afford rent”
“The big cities who voted for Justin Trudeau are suffering the most because of his disastrous and costly policies”
https://twitter.com/WallStreetSilv/status/1767964542384906339
Sometimes charts speak for themselves.
https://twitter.com/SuburbanDrone/status/1768035085792477441
CNBC Breaking News:
The EV bubble is dead.
“Even U.S. EV leader Tesla, which is estimated to have accounted for 55% of EV sales in the country in 2023, is bracing for what “may be a notably lower” rate of growth, CEO Elon Musk said in late January.”
The market figured this out two years ago when Elon Musk said EV demand would grow 50% for the indefinite future. And then he started cutting prices.
The cult of Tesla is bidless.
https://twitter.com/SuburbanDrone/status/1767999475711131685
Microstrategy has gained 300% off of the January lows. It’s currently 5 standard deviations above the 200 day moving average.
For the second year in a row, Crypto related stocks are leading the market, outperforming semiconductors by a wide margin.
If you are a bull and you don’t see a problem with this level of froth, then you are the problem. And the problem is about to get solved.
https://twitter.com/SuburbanDrone/status/1767885174845366487
The free market role model of the world became this… a third world buy votes handout economy. pathetic
https://twitter.com/INArteCarloDoss/status/1768020053197275200
The CyberTruck really made wonders…
https://twitter.com/laque_tess/status/1768056340285379033
7 child sex predators arrested in Florida undercover sting include TSA officer, retired Army member: sheriff
https://twitter.com/Democracy1stE/status/1767891044257898835
THE FISKER CEO HAS ALSO JUST PUT UP HIS OWN HOUSE FOR RENT
https://twitter.com/gurgavin/status/1768036070766076149
RRPs are back over $500 billion, Treasury just had easy 30-yr auction, and inflation data is still coming in hot – everything points in the same direction: there’s still way too much money and Fed never should’ve stopped hiking rates; if they cut now, we’re really in trouble…
https://twitter.com/RealEJAntoni/status/1768021701219004633
Major U.S. Banks with the Most Real Estate Exposure
https://twitter.com/WinfieldSmart/status/1767309037970788630
It was inevitable… Boeing is now under criminal investigation by US authorities.
Apparently the paperwork on the door plug installation for the Alaska jet is nowhere to be found, which means they “don’t know” who worked on it. There is speculation that the unknown mechanic is an incompetent DEI hire and they are covering it up.
“There is speculation that the unknown mechanic is an incompetent DEI hire and they are covering it up.”
This has been my thought, and they’ll turn to Madison Ave to put the spin on it.
It took 63% of all personal income taxes in Feb to pay the interest on the debt – no roads, no military, no schools, no social security – JUST INTEREST:
If people think inflation is bad now, they’d better hold onto their hats.
“…It took 63% of all personal income taxes in Feb to pay the interest on the debt…”
How long before USA is effectively bankrupt?
Don’t know who needs to hear this but it’s an absolutely brutal & ruthless job market out there.
That is also what I am hearing. People I know who landed on their feet after maybe a month or two after a layoff a few years ago have now been unemployed for over 6 months. The unemployment bennies and severance are gone and they are being forced to tap into savings.
Just FYI, unemployment insurance is rarely enough to cover expenses. They likely need to start tapping into savings right away. I had to do this in 2009.
The people I know who were dejobbed got about 4-6 months severance. But, yeah, not everyone gets that much.
4-6 months severance
Unemployment starts after that period of time.
unemployment insurance is rarely enough to cover expenses
i think it’s enough for most to live off of, but not enough to cover debt service for most.
I work for the federal government for a reason. There is almost never a layoff — RIF — reduction in force. And if they DO lay you off, there’s a huge severance. If you’ve been there long enough it’s almost a year’s salary.
There is almost never a layoff
I think we are approaching the event horizon where that will change.
I work for the federal government for a reason. There is almost never a layoff — RIF — reduction in force. And if they DO lay you off, there’s a huge severance. If you’ve been there long enough it’s almost a year’s salary.
You say that as if you think it is a good thing (for taxpayers).
Every other car on the road nowadays is a Tesla, and half of those are white. The exclusivity premium has been more than fully offset by the annoyance discount.
Around here, where people make stuff, every other vehicle is a pickup and half of them are red.
Washington Post — Lawmakers begin efforts to move around Johnson, force vote on Ukraine aid (3/13/2024):
“Democrats and a separate bipartisan group of lawmakers on Tuesday began gathering signatures for competing discharge petitions, a mechanism that moves legislation out of committees and forces a House floor vote without support from leadership if it has the backing of 218 lawmakers.
The Democratic measure, led by Rep. Joe McGovern (D-Mass.) had amassed nearly 180 signatures from the caucus as of Wednesday afternoon and would advance a national security package the Senate overwhelming approved over a month ago that allots $95.3 billion to assist foreign democracies. Democratic leaders believe that the large number of signatures compiled in less than 24 hours shows that Democrats would provide significant votes for Ukraine funding if Johnson were to put it on the floor.
The launch of McGovern’s effort motivated a bipartisan group of House members — Reps. Brian Fitzpatrick (R-Pa.), Don Bacon (R-Neb.), Jared Golden (D-Maine) and Ed Case (D-Hawaii) — to formally introduce their own petition Tuesday. The bipartisan petition extends funding for Ukraine, Israel and Taiwan for one year.
The competing efforts have sprung from a clash within the Republican majority, in which defense hawks are eager to signal support for U.S. allies abroad while the growing isolationist faction of the party is pushing former president Donald Trump’s “America First” ideology, which calls for moving away from longtime foreign partnerships and treaties such as NATO, and seeking to focus on the U.S. border.”
https://archive.is/Th6Xh
Nobody outside the Beltway supports Ukraine.
Nobody.
The 2024 election was stolen.
Washington Post — Biden allies form new group to coordinate attacks on third-party candidates (3/14/2024):
“Allies of President Biden have formed a super PAC called Clear Choice, aimed at stopping any third-party or independent candidates from gaining traction before the November election.
The group will develop research, test messages and push storylines in the media aimed at dissuading voters from supporting campaigns spearheaded by attorney Robert F. Kennedy Jr., academic activist Cornel West, groups like No Labels and other third parties, said Clear Choice’s founder, Pete Kavanaugh, a strategist who served as deputy campaign manager in Biden’s 2020 presidential campaign.
“It’s imperative that this election is a clear choice between President Biden and Donald Trump. No third-party or independent candidate has any chance of winning a state in November, never mind reaching 270 electoral votes,” Kavanaugh said in a statement. “They are spoilers, plain and simple. We’re here to work with allies to ensure those candidates are held accountable, and everything is on the table.”
Democrats have been alarmed this year by the apparent strength of third-party and independent campaigns in polls that test their names against Biden and his presumptive rival, former president Donald Trump. In a five-way contest, Kennedy, West and Green Party contender Jill Stein were supported by 13 percent of voters in a recent Suffolk-USA Today poll. A Fox News poll last week showed the three getting 18 percent of the vote.”
https://archive.is/OqSNr
They may not have the votes, but they have the ballots.
The 2024 election was stolen.
– A brief summary of life in the U.S. today for a certain cohort. This seems pathological, but may be more common than you think. 🙃
\\
https://twitter.com/ThHappyHawaiian/status/1768323399602917433
TheHappyHawaiian @ThHappyHawaiian
POV, you’re a 45 year old white male
You just got laid off from your white collar job
Unemployment pays $400 a week, so you don’t sign up because Uber pays $600
Government doesn’t even acknowledge job loss as an issue
You can’t get hired because no one is hiring and even if they are it’s only for DEI candidates
Meanwhile your Uber earnings are dropping because we’re importing unskilled labor at the highest level in history due to illegal immigration
The government gives them preloaded debit cards, free housing, and they work Uber
If you have an issue with any of this you’re racist, and also men are seen as the source of all of society’s problems
The message? Please just stop existing
Unfortunately the message is being received
Societal empathy for this human subgroup’s suffering? Zero, perhaps negative
[image]
https://pbs.twimg.com/media/GIpYwqtWwAEkgrV?format=jpg&name=900×900
11:08 AM · Mar 14, 2024 · 37K Views
J Hans
@blackhawkce457
Toronto Canada, authorities advise home owners to leave their car keys next to their front door so that thieves just take the car and leave.
Mar 13, 2024
·
https://x.com/blackhawkce457/status/1767992816402047215?s=20
Those Canadien Hooligans wouldn’t be kicking in many front doors to look for key fobs in my part of Region IV.
The Beretta A300 Ultima Patrol would probably be waiting for unannounced house guests in the middle of the night.
https://youtu.be/yErLWeooIy4?si=qrlmhm9ymPqFU8t_&t=307
I love explaining to foreigners, especially Brits, about Castle Doctrine
Even Maryland has Castle Doctrine.
Brits usually become apoplectic when you explain it to them: “You can shoot a home invader? That’s barbaric!!”
“Brits usually become apoplectic when you explain it to them: “You can shoot a home invader? That’s barbaric!!”
Bill Hicks – Hooligans
Bill giving us his 2 cents on ‘English Crime’.
Quite a funny bit. Hope you enjoy.
https://youtu.be/mA6hMFZ-gx0?si=7LTrzn5Lm8avxIFE
It’s barbaric … until one of the newcomers that you welcomed in decides that your daughter needs to welcome him “in” too.
Sick! Twice-Deported Illegal Accused Of Raping Four Children Ages 6-12 While Teaching At Church School
by Kelen McBreen
March 14th 2024, 3:24 pm
U.S. Immigration and Customs Enforcement (ICE) told The National Desk (TND) on Thursday that an illegal alien was arrested earlier this week and charged with molesting four children.
33-year-old Ervin Jeovany Alfaro-Lopez of El Salvador was working as a teacher in a Maryland church when the sexual assaults allegedly took place.
Under the Barack Obama administration in 2015, Lopez was arrested for illegal entry into America, but was released on a $7,500 bond.
During Donald Trump’s presidency, the DOJ ordered Lopez to be deported on two separate occasions in both 2018 and 2020.
According to ICE, the illegal immigrant was back in America this time without ever having been processed at the border, meaning he bypassed Border Patrol altogether.
The suspect’s first victim came forward in May 2023, which encouraged three other victims of sexual abuse to eventually come forward.
After the next victims went to the police, Lopez’s charges were increased to 12 counts of sexual assault dating all the way back to November 2014.
The victims’ ages ranged from 6-12 at the time of their abuse, and investigators believe there might be more victims who have yet to come forward.
https://www.infowars.com/posts/sick-twice-deported-illegal-accused-of-raping-four-children-ages-6-12-while-teaching-at-church-school/
How in the heck was this person allowed to be a teacher at all.
This country is swirling down the toilet bowl!
“Maryland church”
Gaithersburg, to be exact. That’s how. Half of Montgomery County has those “we believe” signs on their lawns.
“Disturbing court documents reveal Lopez would inappropriately touch his students when they were watching a movie in a dark room or when they had their eyes closed to pray.”
(from TheNationalDesk)
How in the heck was this person allowed to be a teacher at all.
It was probably in a storefront Hispanic fundyvangelical church. Zero vetting, since most of the congregation are illegals.
‘Take for example the weekend of March 2 and 3, when more than 50 homes were held open. So, why would a Realtor give up their Saturday and Sunday and spend three-to-four hours each day pursuing something that he or she knows will fail 93 percent of the time? One explanation is that it doesn’t matter whether or not the buyer who walks in the house buys it. After all, the Realtor could easily show and sell them one of the other 500-plus homes that are also for sale’
UHS will tell you that the only reason to hold an open house to meet buyers.
open houses can be a good thing.
1. it forces your realtor to actually do something for just you for their 6% (yes i get it, they get half) of your 500k cottage.
2. you get some valuable feedback from anyone who shows up. (I hate this, i like this, too expensive, bad floor plan, stupid curtains, etc) some of which you can fix some you can’t. (or if the buyer is unrealistic allows the UHS to show them the comments (it’s too effing expensive)
3. The people who look generally aren’t the buyers, but they might know someone who would be interested. “oh hey, Sally you should tell your husband about this house we saw last saturday”. It’s all about putting the right house in front of the right people and it’s the best way to show it to a lot of people.
4. Makes your realtor stand on their feet for a few hours.
Also what realtor used to do, but probably don’t anymore cuz they are lazy as heck, is show the house to other realtors. Their agency and then other agencies(esp in small town). Again it’s all about showing the house so they can tell other people. “hey, i saw a house that would be perfect for you”. But that would require work and you can’t expect realtors to do much for their 6% can you?
5- Free cookies.
Can’t Find My Way Home · Blind Faith
https://youtu.be/0VSl5m9eO1M?si=Jd6xz0lx1zWJN9eM
Texas’ Housing Market Tumbles
Published Mar 13, 2024 at 12:16 PM EDT
Updated Mar 14, 2024 at 5:14 PM EDT
By Giulia Carbonaro
US News Reporter
Home sales in Texas fell to the lowest level in seven years in 2023, as persistently high mortgage rates kept buyers out of the market even as prices dipped modestly compared to 2022, according to a recent report by Texas REALTORS.
Sales plunged by 11 percent last year, the report found, with a total of 327,921 sales—the lowest number since 2016. The drop happened despite homes in the state being generally a bit cheaper (down 1.4 percent) than they had been the year before with a statewide median price of $335,100.
In the same year, there were a total of 89,005 active listings, up 35.6 percent from 2022. The properties spent an average 55 days on the market, 20 more than in 2022.
In eight metro areas in Texas, the median price of homes decreased, with the biggest drop (10.4 percent) in the Austin-Round Rock metropolitan statistical area or MSA. Despite the plunge in prices, the metro area still had the highest median price in Texas at $450,000.
In 17 metros analyzed by Texas REALTORS, home prices increased, though mostly modestly. The biggest climbs were in El Paso (7.6 percent) and McAllen-Edinburg-Mission (6.8 percent). Most other cities had less than a 5 percent change in median price, whether higher or lower.
But while the Texas housing market seems to be navigating troubled waters, Jef Conn, chairman of Texas REALTORS, said the situation is looking up this year, especially for homebuyers.
“While rising inventory in most markets should offer buyers more options in 2024, fluctuations in mortgage rates continue to affect buyers’ decisions to invest in real estate. We’re hoping to see lower interest rates by the end of this year,” Conn said in a statement to Newsweek.
“Higher mortgage rates deterred some buyers in 2023, but even so, the overall median price of homes in Texas saw only a slight decline, 1.4 percent, compared to 2022, with the majority of metro areas seeing slight median price increases. Real estate is very localized, so certain markets are experiencing very different trends than Texas as a whole is seeing. Realtors can help buyers make sense of the state of their specific market and guide them through the best decisions for their situation.”
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https://www.newsweek.com/texas-housing-market-trouble-1878738