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Buyers Know They’re A Shrinking Pool

A report from Barron‘s. “Home buyers on the hunt in Dallas, who have been waiting for mortgage rates to drop, are finally returning to the market, says Re/Max agent Todd Luong. But it isn’t enough to make a difference overall in home sales in this North Texas metro area. Run-ups in mortgage rates, home prices, property insurance, and taxes make home ownership ‘very unaffordable right now,’ says Luong. ‘That’s a big issue.’ It wasn’t supposed to be this way. At the end of last year, Wall Street priced in five to six Federal Reserve rate cuts for 2024, which would have driven mortgage rates lower. ‘There was a certain amount of optimism,’ says Rob Dietz, chief economist for the National Association of Home Builders. ‘Some of that optimism proved to be misplaced.'”

“Supply growth could soften price gains for these homes or even bring about declines in some markets, says Dietz. Once more owners list their homes, they will ‘have to do the same kind of price discovery that, quite frankly, builders did over the last two years,’ he says. Builders kept sales going by offering incentives including mortgage rate buy-downs, or price cuts. For now, both sides can be at odds over a home’s price tag. Buyers want deals that largely haven’t materialized while sellers expect the multiple offers and fast sales of the frothy years during the pandemic, says northern California-based Rainy Hake Austin, president of international brokerage The Agency. ‘You’ve got buyers who think it’s 2008, and then sellers who still think it’s 2020,’ she says.”

Sarasota Magazine in Florida. “In Sarasota County, inventory is staying on an ascending course, with 3,239 active listings, a 77.6 percent increase, leading to a 5-month supply of inventory. ‘It’s not the buyer’s market [buyers] would have hoped for right now, even though there’s a tremendous number of price decreases across all housing categories and price points,’ says David Jennings of Coldwell Banker, who specializes in single-family home sales in Sarasota’s Indian Beach-Sapphire Shores neighborhood. ‘However, those are reduced from what started out as aspirational prices seen in prior years.’ The median time to contract also extended to 43 days, up 72 percent. And during that increased time, negotiations are fierce.”

“‘If buyers can’t negotiate a competitive price, you’ll feel the wrath of their expectations, because buyers know they’re a shrinking pool,’ Jennings explains. ‘They won’t tolerate the broken irrigation system. They want to be credited at closing for deferred maintenance that may have come up during inspections. A seller has to be prepared for that.'”

“Active listings in Manatee County rose by 68.6 percent, to 2,570. Meanwhile, the townhouse and condo market in Sarasota County experienced a slight decline. The median sale price decreased by 9.1 percent, to $368,000. Inventory for townhouses and condos increased by 87.3 percent, to 2,010 active listings, resulting in 6.3 months of inventory, creating a buyer’s market. The townhouse and condos market in Manatee County experienced a notable decline, however, with closed sales dropping by 25.8 percent, to 264, and the median sale price decreasing by 5.5 percent to $361,495. It’s also a buyer’s market in Manatee, with inventory levels increasing by 88.4 percent, to 1,458 active listings, leading to a 6.3-month supply inventory. And, Jennings notes, ‘Most of the fees for condo owners have gone up considerably based on new state regulations.'”

The Review Journal in Nevada. “The public is once more invited to visit the home of the late entertainment legend Jerry Lewis. Just be ready to offer at least a million bucks, which is actually a comparatively low bid for this place. The Lewis dwelling in the historic Scotch 80s neighborhood is up for sale at an offer presentation and open house from 2 to 4 p.m. June 29. The formal opening bid is set at $999,999. The seller does have an undisclosed reserve price and has the right to reject any offer that doesn’t meet that price. Nate Strager of Luxury Estates International is the listing agent, working on behalf of owner Brumbies Capital Inc., a private lending company out of Australia. That company purchased the home from foreclosure company Nevada Trust Deed Services for about $2 million this past September. Strager listed the home for $2.5 million in January, dropping it to $1.5 million in May, but it has gone unsold. The $1 million opening price and open house offer presentation is to renew interest in the property.”

The Citizen Times in North Carolina. “There is a new proposal on the table for the former Ramada Inn in East Asheville from yet another Los Angeles-based developer. Friendship for Affordable Housing plans to transform the property into 113 units of housing for the city’s chronically homeless. The for-profit affordable housing developer has a purchase and sale agreement executed with the property’s current owner. If the story sounds familiar, it is. Three years ago, the city was under contract to purchase the two parcels, located at 148 and 150 River Ford Parkway, before abandoning plans in December 2021. It authorized the assignment of its contract to California-based for-profit developer Shangri-La Industries, which announced it would convert the property into 113 units of permanent supportive housing.”

“After months of delays, Shangri-La left town, leaving behind a slew of litigation and broken promises and facing further legal trouble in California, where the company is being sued by the state, as well as numerous lenders and contractors over unpaid bills, according to reporting from the Ventura County Star. It lost the property to foreclosure in December 2023 to lender Stormfield Capital.”

The Denver Post in Colorado. “On Monday, the Aurora City Council will cast a final vote on an ordinance that eliminates the requirement that the city provide 72-hour notice to those camping illegally before disassembling and clearing their encampment. Backers of the measure say it’s too easy for people now to temporarily move down the street before reestablishing their camp where they were. ‘In order to change behavior, we have to make it untenable to be on the street — or you are just going to stay there,’ Aurora Mayor Mike Coffman said. ‘This is going to be a more aggressive approach.'”

“It’s a basic safety measure to curtail the health hazards that go along with living outdoors, said councilman Steve Sundberg , like people ‘defecating in public view and trashing these areas.’ Wildfires fueled by unattended campfires are also a concern. ‘Should they be sleeping on the street two feet away from where traffic is going past at 50 mph?’ he said. ‘I don’t think so.'”

The Tribune Eagle. “There’s a growing problem of unhoused individuals moving into vacant properties in Casper, according to Police Chief Keith McPheeters. McPheeters approached lawmakers on the Legislature’s Joint Judiciary Committee on Tuesday, asking for state help to expedite the eviction process for unlawful residency. He said Wyoming’s growing homeless population is outpacing the availability of shelters, and many homeless people are starting to move into vacant homes. ‘The homeless population, especially in Wyoming, tends to be a little bit migratory,’ McPheeters said. ‘There’s a vast number of them that we’ve never seen before. They just showed up in their migratory travels.'”

“The Casper police chief said he wanted to be sensitive to the issue of homelessness, but added there seemed to be an underground network of individuals who can ‘sniff out’ homes left vacant by the owner. ‘They can smell it from miles away,’ he said. ‘And once they find them, they invade those properties.’ When the owner returns to their house to find dozens of people living in it, wearing their clothes and eating their food, they’ll often produce a fraudulent lease agreement to claim their residency is legal, McPheeters said. This turns into a months-long eviction process in the courts, leaving the owners in distress. Not to mention these individuals, whom McPheeters referred to as ‘squatters,’ may cause tens of thousands of dollars in property damage.”

“McPheeters said that criminal intent under these circumstances is hard to prove in court. It’s difficult to differentiate between actual intent to destroy the property and general negligence. Absentee property owners ‘just don’t give a crap anymore,’ he said, and these vacant properties become a ‘crime haven.’ This not only threatens public safety, it also prevents the city from building additional structures, including homeless shelters. ‘We’ve done pretty much everything we can, even at great expense to us,’ McPheeters said. ‘But it’s not just about Casper. I want to reiterate, this is happening across our state.'”

The Globe and Mail. “Bank of Canada governor Tiff Macklem said the Canadian economy appears to be on track for a soft landing where inflation falls back to the bank’s target without a major spike in unemployment. At the same time, the continuing slowdown in the labour market is hitting some groups harder than others, especially new Canadians and young people, Mr. Macklem said in a speech. ‘This is the soft-landing scenario,’ Mr. Macklem said. ‘It has always been a narrow path, and we have yet to fully stick the landing. Looking forward, the unemployment rate could rise further. … But we continue to think that we don’t need a large rise in the unemployment rate to get inflation back to the 2-per-cent target.'”

Global News in Canada.”The gunman in a Toronto office shooting that left two people dead was ‘pushed to the edge,’ his widow says, after the couple allegedly fell victim to a scam and lost their life savings. Speaking to Global News, Alisa Pogorelovsky said her husband Alan Kats was a ‘humble man’ who loved his family. They were married for more than nine years and have two children, aged 17 and six. Pogorelovsky said their lives were ‘amazing’ and ‘happy,’ but once they fell victim to an alleged scam, ‘everything changed.’ ‘He couldn’t work. He couldn’t do anything. He couldn’t concentrate. He stopped sleeping, he stopped eating,’ she said of her husband. ‘He stopped being himself. He just couldn’t take it that people can come and take your money and just leave you behind without any fears and still go to work in the same office where it’s happened and just continue doing what they continue doing.'”

“According to Pogorelovsky’s lawsuit, her family wanted to create an investment fund by releasing the equity in their home. They mortgaged it, and paid into a fund that promised a higher rate of return with investments in syndicated private mortgages. Over time, Pogorelovsky invested $850,000, $400,000 and $80,000 in three properties. She eventually started to receive some small payments, which ‘appear to have been efforts to comfort the plaintiff as to the progress of the mortgage investments,’ court documents read. ‘The plaintiff finally discovered there were no mortgages on the properties securing the plaintiff’s investments. The plaintiff hired lawyers, whose investigations into the matters turned up similarities to a number of mortgage fraud schemes allegedly organized by Arash Missaghi,’ the filing reads.”

Western Australia Today. “East coast investors raiding the Perth property market are being warned to be cautious with too many paying well above the asking price to beat the competition without regard to quality or location. Hotspotting director Terry Ryder said too many buyers were acting in haste. ‘Many will regret decisions made in haste amid the frenzy,’ he said. ‘The latest sales volumes data suggests that the Perth market has passed its peak in terms of buyer activity and is unlikely to continue leading the nation on price growth –although the low level of listings of properties for sale is partly to blame. Our new analysis shows a significant drop-off in sales across Greater Perth in the past six months. There are a number of other signals that the peak has been reached, or passed, in this market – including longer ‘days on market’ in some areas and price decline at the top end of the market.'”

From Bloomberg. “Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector. It’s the only one among the country’s mega cities that’s still attracting people to put down money in an asset class that has otherwise been abandoned. In the city’s French Concession, all 75 units of Singapore-based CapitaLand Group Pte.’s the Paragon were sold online in 45 minutes. They were sold for about 20% less than two second-hand units of similar range in the neighborhood marketed by Landz Realtors.”

“‘Those who can afford such prime projects have waited for more than two years,’ said Stephanie Zhou, who has been facilitating the sales of prime real estate in Shanghai for more than two decades. ‘Some new projects were priced lower than existing ones they’ve checked during the market peak, and they see them as a bargain.’ It stands in stark contrast with other cities including Beijing, where luxury projects are failing to attract buyers.”

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This Post Has 97 Comments

  1. HBB warning to readers: bloomberg is globalist scum media that peddles conspiracy theories, election lies and mis, mal and dis-informations.

  2. ‘The formal opening bid is set at $999,999. The seller does have an undisclosed reserve price and has the right to reject any offer that doesn’t meet that price. Nate Strager of Luxury Estates International is the listing agent, working on behalf of owner Brumbies Capital Inc., a private lending company out of Australia. That company purchased the home from foreclosure company Nevada Trust Deed Services for about $2 million this past September’

    The article doesn’t say but I believe this shack is in Las Vegas. These idiots caught a falling knife.

  3. Does it seem like most people who buy houses these days are doing it for speculative reasons, in order to capture a share of the money flowing into housing from the Fed and the GSEs, rather than because they need a place to live in? I can hardly believe how many people in my personal circle of contacts own multiple investment properties for speculative reasons. And I don’t know that many people personally. I have had similar experiences with random people I’ve met in SoCal. Housing investment is the dominant religious belief here, and most people believe housing investment is the sure path to riches.

    1. “…my personal circle of contacts own multiple investment properties for speculative reasons…”

      Here in SoCal, its all about status.

      If you don’t own a property on the right street, on drive the right car, or take the right vacations, or have the right trophy wife/girlfriend you are shamed.

      Never mind if anything makes *any* economic sense.

      To many people buying things they don’t need with money they don’t have to impress people they don’t know.

    2. Personally I don’t know anyone doing this. But I do know that there will be extra trains scheduled to schlongville as the demand will be huge.

      1. Personally I don’t know anyone doing this.
        I don’t know anyone either and last bubble it seemed like everyone I knew was buying 2 or 3 or he$$ even 6 properties. It was crazy. Of course I was in S FL last bubble and in the Appalachian foothills now.

    3. Same.
      1 local “wanting to do more flippers” (yeah, seriously)
      1 in SLC (utah) buying their first house cuz “they gotta get in before prices get out of hand. new build of course)
      1 in Phoenix area also buying their first house (with others, so it’s going to be a total CF) cuz again “prices only go up esp here (phoenix)” new build again.

    4. I suspect 3 flips in progress near me that sold between $1.51M-$1.83M. How many people have the ability to do gut remodels in such a short period of time?

      1. We have one here in my little burg. It’s next door to the Harley Davidson dealer. I’ve never been there.

      2. “Don’t be fooled by big ol’ socialist titties. They’re meant to hypnotize, then enslave your ass.” —Thomas Sowell

  5. ‘You’ve got buyers who think it’s 2008, and then sellers who still think it’s 2020,’

    My money is on the buyers in this standoff, as renting is way cheaper than buying right now, and inventories are rising.

    1. Inventory..
      Colorado springs, CO sat just below 3,000 for the last couple years. Recent check, 3,387 and climbing daily

      1. “Inventory..
        Colorado springs, CO sat just below 3,000 for the last couple years. Recent check, 3,387 and climbing daily”

        \\

        https://www.realtor.com/realestateandhomes-search/Colorado-Springs_CO
        3387 Active Listings; 893 Price Reduced
        893/3387=26.4%
        “More” Tab -> check the Price Reduced box

        – The price reduced is becoming meaningful at >25% now, but $5 off isn’t much of a price reduction. One can’t even buy a decent beer for that! 🍺 😂 Check back in a few years.

        – In my view, Colorado Springs, CO is a good example of a Housing Bubble 2.0 city.
        – The last time I checked it was at least 50% more expensive to buy than rent there, as in many/most U.S. MSAs. Just another Fed-induced asset bubble. One of many this time.

  6. ‘You’ve got buyers who think it’s 2008, and then sellers who still think it’s 2020,’ she says.”

    The smart money is sitting on the sidelines waiting for the crash that’s going to dwarf the Housing Bubble meltdown of 2007-2011.

    1. It blows my mind that we’re not there yet. I’m watching one area in particular (Montgomery/Bucks County PA) and it’s still bubblicious, with overbidding and multiple offers. I know that area isn’t as run up as other areas, but it’s still far too high (imo).

    2. I don’t know if you ever listen to ClearValueTax guy on YouTube but his bet is on nothing but continued increases. I get a kick out of SpewBS about the 3% mortgage holders holding on and not selling. Like a 3% mortgage will save the day over HOA, Taxes and Insurance costs sky rocketing!

      Housing Market Update: HOME PRICES REACH NEW RECORD HIGH! 10min. Jun 21, 2024
      https://www.youtube.com/watch?v=A3-13dkyge0

  7. The median sale price decreased by 9.1 percent, to $368,000.

    It seems UHSs have a flawed understanding of building muh generational wealth.

  8. ‘In order to change behavior, we have to make it untenable to be on the street — or you are just going to stay there,’ Aurora Mayor Mike Coffman said. ‘This is going to be a more aggressive approach.’”

    Whatever, Mike. Your policies of enabling and encouraging parasitism and antisocial behavior are well documented.

    1. “It’s a basic safety measure to curtail the health hazards that go along with living outdoors, said councilman Steve Sundberg , like people ‘defecating in public view and trashing these areas.”

      At least there’s no more mean tweets now.

    2. Speaking of behaviors

      When the officers responded to the area, they confronted a man they said was holding a handgun. Police said the officers gave him commands to drop the gun and he complied. He was taken into custody and a loaded 9mm handgun was recovered from the scene, according to police. Police said reports indicated the man was upset at employees who did not let a family member on a ride because of height restrictions.

      https://kdvr.com/news/local/man-accused-of-threatening-people-with-handgun-at-aurora-carnival/

  9. He said Wyoming’s growing homeless population is outpacing the availability of shelters, and many homeless people are starting to move into vacant homes.

    We need an app that directs the homeless & squatters to the vacant shacks owned by housing speculators & private equity locusts.

    1. Feeding homeless directly into empty properties is very tempting because it’s an obvious solution. However, I’m still completely against it. Not only does it reward bad behavior; it punishes good behavior. Those empty properties should be going to young families at affordable prices. To do that, let it all crash to the ground. Let the speculators declare BK, sell in a short sale or Chap 7, and be done with it.

      All this extending and pretending just destroys the properties themselves.

  10. He just couldn’t take it that people can come and take your money and just leave you behind without any fears and still go to work in the same office where it’s happened and just continue doing what they continue doing.’”

    “Sometimes the law defends plunder and participates in it. Sometimes the law places the whole apparatus of judges, police, prisons and gendarmes at the service of the plunderers, and treats the victim – when he defends himself – as a criminal.”

    — Frederic Bastiat

  11. Conservative candidate Don Stewart has won the longtime federal Liberal stronghold of Toronto-St. Paul’s, a stunning result that raises questions about Prime Minister Justin Trudeau’s future.

    Stewart’s victory is shocking because the seat has been held by the Liberals for more than 30 years — even through the party’s past low points, such as the 2011 federal election that returned just 34 Liberal MPs to Parliament.

    Before Monday’s vote, a Conservative candidate hadn’t been competitive in Toronto-St. Paul’s since the 1980s. The party hadn’t won a seat in urban Toronto since the 2011 federal election.

    The Liberals’ poor showing in a stronghold like this could prompt some soul-searching for Trudeau, who has seen his popularity plummet as inflation, the cost of living crisis, high home prices and surging immigration levels drive voter discontent.

    This Conservative upset is likely to lead to some anxiety in the Liberal caucus because such a dramatic vote swing could put other supposedly “safe” seats in play for the Conservatives in the next general election.

    The outgoing Liberal MP, Carolyn Bennett, beat her Conservative opponent by some 24 points in this riding in 2021. Church lost by about two points. If that same sort of vote swing was applied to other ridings in the province, dozens of Liberal MPs could lose their seats at the next election.

    A number of voters expressed a desire for change and fatigue with Trudeau. Even past and present Liberal supporters told CBC News Trudeau should resign as leader if the party loses this one-time ruby red Liberal seat.

    Trudeau has given no indication he’s stepping down. In fact, he’s repeatedly said he will lead the party into the federal election that’s expected sometime next year. Before Monday’s result, many pollsters and pundits said a Conservative victory will put pressure on Trudeau to step down as Liberal leader.

    “If we do end up on Monday night with a two, three, four, five-point win for the Liberals, the Liberals will be happy to have a win, but that still means that the country is going toward a big majority government for Pierre Poilievre,” polls analyst Éric Grenier, who runs thewrit.ca, said in an interview on Rosemary Barton Live.

    David Coletto, chair and CEO of Abacus Data, said he believes the Liberals need to win by 10 points or more to give Trudeau a credible path forward.

    “I think then the prime minister can probably say, ‘Look, we can come back from this. We can convince people, persuade people to vote Liberal,’ ” Coletto said on Rosemary Barton Live. “If it is much closer, then I think there’s going to be a lot more doubt about whether he and the current team are able to achieve some of those things.”

    https://www.cbc.ca/news/politics/byelection-polls-liberal-conservative-ballot-vote-1.7243748

    1. “I think then the prime minister can probably say, ‘Look, we can come back from this. We can convince people, persuade people to vote Liberal,’ ”

      Vote Liberal! Because you still have freedoms to lose and you don’t have to eat bugs yet.

      1. Liberals loss in Toronto-St. Paul’s riding ‘an embarrassment’ for Trudeau: political expert
        CityNews

        1 hour ago

        The byelection race in Toronto-St. Paul’s was considered a must-win for Prime Minister Justin Trudeau, and the loss is a massive blow that could trigger calls for him to step down after 11 years as Liberal leader.

        https://www.youtube.com/watch?v=4v9QIuJPHdQ

        5:28.

        1. Trudeau wet his pants during the 2022 Freedom Convoy.

          Then went full tyrant. He belongs in covid prison with all the other globalists.

          1. The last time liberals lost that seat was 1988.

            BATRA’S BURNING QUESTIONS: There is now no safe seat for Trudeau’s Liberals

            Toronto Sun

            58 minutes ago

            The Sun’s Adrienne Batra, Brian Lilley and Warren Kinsella say Leslie Church lost the by- election and Justin Trudeau is to blame.

            15:12.

            From the comments:

            This was the best possible news to wake up to today. FJT.

            Congrats my Northern Brothers/Sisters !The work has just begun to remove these Global elites from our Countries. God Bless 🇨🇦🇺🇸

            NO NO don’t go …Justin stay on and give a land slide victory to the Conservatives…..

            I love what Warren said….”it’s a BYE Election.” I am extremely happy. Bring it home, Conservatives!!

            People are fed up with WOKE politicians!

            Canadians who dare disagree with anything the regime says or does, are berated, and called terrible names. I think most Canadians are tired of this, the control, the corruption, cover-ups, lies, and unending entitlement …

            Thank you Toronto, the country is better for this.

            All the traitors on parliament hill should be in jail cells

            Oilers may not of won… but Canada did!

  12. Pollsters were surprised by the burst of populism in 2016, but many now think they shouldn’t have been. In the United States and United Kingdom, swaths of voters in deprived regions – places “left behind” by globalization – were given the chance to stick it to the system, and they took it. Why was anyone surprised?

    Pollsters have now been surprised by another trend. In this month’s European Parliament elections, far-right parties performed predictably well – but especially, and unexpectedly, among young people. A few years ago, “Generation Climate” – thought to be unquestionably liberal and progressive – were voting mostly green. But now, their vote has helped far-right parties capture one in four seats in Brussels. What happened?

    Perhaps the “left behind” is not only a geographical phenomenon, but generational.

    Gen-Z – those born between 1995 and 2012 – has been baptized in crises: first the financial, then the eurozone, then of the pandemic and now of war in Europe. More and more young people believe they will have harder lives than their parents. Why should a left-behind generation be less vulnerable to the lure of populism than left-behind places?

    Roberto Foa, co-director of the Centre for the Future of Democracy at the University of Cambridge, a leading researcher of youth dissatisfaction with democracy, sees “two big divides” in Western societies: “The wealth divide between economically successful and left-behind regions, and the intergenerational divide in life opportunities.”

    Political scientists may have overlooked both cohorts because they have long been disconnected. But now their apathy is turning into antipathy – a desire, once more, to stick it to the system. “If you are a political entrepreneur who is seeking to break the established party system, those are your options, in terms of mobilizing fresh support,” Foa told CNN. The trend, he says, has been a long time coming: “I’m surprised that people are surprised.”

    Youth support for far-right parties is being felt in several European countries. In Germany, the Alternative for Germany (AfD), won 16% of the under-25 vote in the EU elections – tripling its share in that demographic from the previous vote in 2019. Among French voters under 34, the National Rally (RN) was the most popular party, with 32% of the vote – a 10-point rise compared to 2019. In Poland, 30% of under-30 voters supported the far-right Confederation party, up from 18.5% in 2019. Far-right parties enjoyed a similar uptick in support in the Netherlands, Spain, Portugal, Austria, and continued to do well in Italy.

    How alarmed – and surprised – should mainstream parties be?

    Consider these policy proposals. Young people will pay no income tax. If they start a business, they will be exempt from corporation tax for five years. Students working part-time will have their wages topped up by the state, which will also build 100,000 units of student housing. They can also travel by train for free.

    You’d be forgiven for thinking this must be the platform of the far left. But no: This was RN doyenne Marine Le Pen’s offer in the 2022 French presidential election, which she narrowly lost. Young people, unsurprisingly, loved it. Just under 50% of 25-to-34-year-olds who cast a vote opted for Le Pen, compared to just 41% of the general population and 29% of voters over 70. Whereas the “gray vote” took Donald Trump to the White House and Britain from the EU, it kept the French far right at bay.

    That may soon change. After his Renaissance party was trounced by the far-right in the EU elections, President Emmanuel Macron called a snap parliamentary election, which could result in Jordan Bardella, the RN’s 28-year-old leader, becoming France’s prime minister next month.

    For Arthur Prevot, manager of the RN’s youth wing in Paris, this is great news. Macron’s presidency has failed to deliver for young people, he says.

    “Purchasing power has decreased incredibly over the past seven years. Between the ‘gilets jaunes’ crisis, the rise in fuel prices, and all the different taxes that have been introduced – all of this impacts daily life, including mine,” Prevot, 22, told CNN. His economic concerns prompted him to join the party which may soon govern France, although Macron will remain president.

    Jonathan Verbeken, a deputy RN candidate in Paris’ 15th district, said the main reason he joined the party was because, “we see people suffering daily, struggling to make ends meet. We see a deplorable situation in France, specifically with security and immigration. We want to react to that.”

    To many older voters, the RN remains a terrifying prospect. Despite its years-long effort to “normalize,” previous generations remember its antisemitic, neofascist origins.

    But young voters appear less concerned by these roots, says Simon Schnetzer, author of a recent survey of Germany’s youth.

    “Young people are first-time voters. They are a blank sheet. What drives their decisions most is: Who can offer me something that best fits my needs?” he told CNN.

    The lack of historical baggage, coupled with the strange death of center-left parties in many parts of Europe, has allowed the far right to appear respectable and armed with economic solutions to young people’s problems.

    Sarah-Lee Heinrichs, a 23-year-old politician for the German Green Party, said economic concerns have become far more prevalent among young people since the last European Parliament elections in 2019, when the Greens became the second largest party in Germany for the first time. In the wake of the pandemic, the full-scale war in Ukraine and the return of soaring inflation, environmentalism is no longer young people’s priority, she says.

    “If governments don’t provide social security – good jobs and a place to live that doesn’t cost more than 50% of your income every month – then the far-right will rise,” Heinrichs told CNN.

    And with economic insecurity is coming fiercer opposition to immigration, nearly a decade after the continent – and especially Germany – welcomed a record number of refugees fleeing war in Syria.

    An alarming new trend began last month, after a short clip filmed on the German vacation island of Sylt was posted on X. In the video, well-dressed German youths belt out “Ausländer Raus!” (“foreigners out!”) and “Deutschland den Deutschen!” (“Germany for Germans!”) over a 1999 Eurodance beat. The chant has since swirled across the country, currently hosting the European soccer championships. Its appeal is not confined to Germans. As Italy played Spain last week, fans in the stadium could be heard giving their own rendition.

    After her center-right bloc secured the most seats in the European Parliament, President of the European Commission Ursula von der Leyen took to the stage in Brussels to give a victory speech. But her tone was more somber than victorious. She spoke of the importance of defending European values: integration, democracy and the rule of law.

    How do these abstract values sound to young voters?

    “Young people will double check, does that help me with any of my needs? Does it entertain me? Does it give me security? Is it fun? And if it’s none of that, it’s boring,” said Schnetzer. “If you have this TikTok logic, you’ll quickly swipe further.”

    While Europe’s mainstream gives grave speeches, the far right is developing vast followings on social media platform TikTok. The RN’s clean-shaven Bardella posts videos of himself wine tasting and doing shots. Maximilian Krah, the AfD’s lead candidate going into the EU elections, offers his followers dating advice: “Don’t watch porn, don’t vote for the Greens.”

    https://www.msn.com/en-us/news/world/why-europe-s-youth-are-flirting-with-the-far-right/ar-BB1oQiJV

    1. “far right”

      A term that has lost all meaning.

      Why would ANY young person in Europe vote for globalists? The globalist agenda is the replacement, and extermination, of Europeans.

      Take your countries back. Take your continent back.

      1. A term that has lost all meaning.

        Indeed, as most of those “far right” parties support socialist policies like socialized healthcare. They’re just socialists who don’t want their countries overrun by hostile foreigners.

          1. Yes, though I don’t know that their platforms would be identical with that of the National Socialists in Germany in the 1930’s. AFAIK they’re not looking to establish government offices of racial policy, for example.

  13. The violent protest Sunday at a synagogue has prompted Mayor Karen Bass to say Los Angeles should consider rules governing demonstrations and the wearing of masks by those protesting.

    Bass on Monday did not offer a proposal but said the city needed to look at the issue — including “the idea of people wearing masks at protests.” A number of pro-Palestinian protesters had their faces covered Sunday.

    Earlier this month, New York Gov. Kathy Hochul said she was considering a mask ban on the New York subway, saying she was concerned about people with face masks committing antisemitic acts.

    “We will not tolerate individuals using masks to evade responsibility for criminal or threatening behavior,” Hochul told reporters at a news conference. “My team is working on a solution. But on a subway, people should not be able to hide behind a mask to commit crimes.”

    New York Mayor Eric Adams supported the idea, telling reporters that “cowards cover their faces.”

    https://uk.news.yahoo.com/officials-talk-restricting-masks-protests-100048476.html

    1. You may remember, Antifa were protesting the END of mask mandates in their failed west coast states, the last states to end them.

      Anybody wearing a mask in public is a violent domestic terrorist.

    2. Earlier this month, New York Gov. Kathy Hochul said she was considering a mask ban on the New York subway, saying she was concerned about people with face masks committing antisemitic acts.

      So what science was followed to arrive at “face masks on the subway are antisemitic”?

  14. Posting this so the photo of a smiling and relaxed Joe Biden speaking with Tapper and Bash described below can be compared with the Tapper / Bash statements about Donald Trump.

    “File/ Joe Biden stops to talk with news anchors from l-r., Ilia Calderón, Jake Tapper, and Dana Bash, following the conclusion of the Democratic presidential primary debate at CNN Studios, Sunday, March 15, 2020, in Washington. (AP Photo/Evan Vucci)”

    CNN’s Debate Co-Hosts Tapper, Bash Showed Open Bias Against Trump in Past Remarks

    WENDELL HUSEBØ
    25 Jun 2024

    Below are 15 times Tapper attacked Trump with vicious claims:

    1. Suggested Trump was a nightmare: “For tens of millions of our fellow Americans, their long national nightmare is over.”
    2. Claimed Trump “continues to lie to the American people” about coronavirus testing.
    3. Retweeted a post that called Trump “100% insane.”
    4. Shamed Trump upon being hospitalized for the coronavirus.
    5. Described Trump’s presidency as a “disaster.”
    6. Ran a segment about the alleged shape of Trump’s penis.
    7. Questioned 4. the 2016 election by perpetrating the Russia collusion hoax.
    8. Suggested Trump tried to kill democracy.
    9. Ordered CNN’s control room not to cover Trump live.
    10. Claimed Trump was a “rather angry defendant, saying there’s no case here.”
    11. Refused to cover Trump live due to “potentially dangerous” content.
    12. Suggested Trump was leading the nation “down the drain.”
    13. Accused Trump of siding with Russia during Russia collusion hoax.
    14. Said Trump “sided with the enemy” amid Democrat claims of a stolen 2016 election.
    15. Ordered Trump to “stop whining” after winning the 2016 election.

    Below are 15 times Bash attacked Trump with nasty claims:

    1. Accused Trump of “race baiting.”
    2. Suggested Trump is sexist.
    3. Claimed Trump made antisemitic remarks.
    4. Alleged former Vice President Mike Pence’s life was threatened by January 6 rioters provoked by Trump.
    5. Said Trump’s coronavirus briefing was “propaganda” after he contradicted his CDC director.
    6. Accused Trump of being anti-science.
    7. Alleged Trump politicized the pandemic for political benefit.
    8. Said it was “unfortunately for America” that the Supreme Court decided to keep Trump on the ballot.
    9. Claimed Joe Biden “found his voice” after he attacked Trump’s remarks on George Floyd’s death.
    10. Pushed the Russia collusion hoax.
    11. Suggested Trump was unpresidential during his tenure.
    12. Described Trump’s firing of James Comey as like a scene from “The Godfather.”
    13. Accused Trump of “outright lies.”
    14. Said Trump appeared to use racist language against Sen. Mitch McConnell’s wife.
    15. Suggested Trump should say “sorry” for his alleged role in January 6.

    https://www.breitbart.com/2024-election/2024/06/25/cnns-debate-co-hosts-tapper-bash-showed-open-bias-against-trump-in-past-remarks/

  15. Does Warren Buffett’s “buy and hold forever” strategy work with electronic tulips?

    1. Bitcoin.com News logo
      Read in app

      Learning CenterAdvertiseSubmit Press Release
      Markets and Prices
      Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
      By Kevin Helms
      Mon Jun 24 19:16:45 EST 2024

      Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that his strategy is similar to Berkshire Hathaway CEO Warren Buffett’s, which he described as “buy and hold on forever.”
      …
      https://news.bitcoin.com/robert-kiyosaki-on-bitcoin-crash-most-people-should-sell-hes-waiting-to-buy-more-follow-warren-buffetts-strategy/

    2. Yahoo Finance
      Benzinga
      Despite Warren Buffett’s Warnings Calling Bitcoin ‘Rat Poison,’ Berkshire Hathaway Continues Profiting Off Crypto
      Caden Pok
      Fri, Mar 29, 2024
      3 min read
      In this article:

      Though many of the top asset managers and investors are investing in, or at least open to crypto and Bitcoin, a few remain hesitant to adopt the asset. Most prominent among the anti-Bitcoin camp is legendary investor Warren Buffett.

      Buffett’s strategy of investing in solid companies that continuously generate cash and value has been hugely successful. This has allowed his company Berkshire Hathaway Inc. to sustain itself through market peaks and troughs.

      Buffett is notorious for his anti-Bitcoin stance, saying in a 2018 interview with Yahoo! Finance, “If you buy something like Bitcoin or some cryptocurrency, you don’t really have anything that has produced anything. You’re just hoping the next guy pays more.”

      At the 2022 Berkshire shareholders meeting, Buffett explained his stance on Bitcoin saying, “If you told me you own all of the Bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything.”
      …
      https://finance.yahoo.com/news/despite-warren-buffetts-warnings-calling-163606336.html

      1. “Berkshire Hathaway Continues Profiting Off Crypto”

        During the Gold Rush era, the smartest people in the room did not mine or buy gold, but rather sold supplies to those involved in the trade.

  17. Jack Smith Admits to Evidence Tampering in Mar-a-Lago Raid For Stunt Photo of Classified Docs

    by Jamie White
    June 25th 2024, 12:12 pm

    Special Counsel Jack Smith acknowledged that prosecutors and FBI agents altered the boxes of evidence they obtained from Mar-a-Lago during their search for classified documents.

    Smith made the admission in a filing Monday in the classified documents case against former President Donald Trump overseen by Florida Judge Aileen Can

    In other words, the FBI tampered with the evidence to create the photos, which resulted in the infamous photo of documents bearing classified markings laid out on the Mar-a-Lago floor that were seized on by the media and Democrats as justification for the unprecedented FBI raid.

    “As I reported last month, the FBI brought colored classified cover sheets to the raid under the guise of using them to substitute classified documents found within Trump’s boxes,” reporter Julie Kelly wrote on X Tuesday.

    “Instead, FBI agents attached the scary looking sheets to various files and took photos. In DOJ’s opposition to Trump’s special master lawsuit in 2022, Jay Bratt attached infamous photo as a prop so the media would publish it and claim the papers were found with classified cover sheets.”

    “The Government acknowledges that this is inconsistent with what Government counsel previously understood and represented to the Court,” the footnote in that filing reads.

    Defense attorney Tim Parlatore, who had worked on Trump’s team in the documents case, claimed that “admission is stunning on multiple levels.”

    “But at a deeper level, the loss of specific document locations is a destruction of exculpatory evidence,” he said.

    https://www.infowars.com/posts/jack-smith-admits-to-evidence-tampering-in-mar-a-lago-raid-for-stunt-photo-of-classified-docs/

    1. the FBI brought colored classified cover sheets to the raid

      Those cover sheets are available in almost every supply room of every government office building. Right next to the staplers and envelopes.

  19. If you were One World Order Entities, and you wanted to create a One World dictorship, you could do it by infiltrating the bulk of Governments of Countries to surrender or partner in the take over.

    You would than get the surrendering Countries governments to transfer by Treaty unlimited power to a unelected , infiltrated United Nations/WHO to dictate global policy, under the pretense of global emergencies.

    Under the US Constitution and the Respresentive Government, it would be treason by Government to transfer power to a third party and give them the power to override all Constitutional protections, freedoms, laws of the land, and even government authority to a One World Order dictorship.
    Biden is allowing a invasion of the Borders by not vetted illegals, and Congress/Senate isn’t doing anything about this invasion.
    Biden said “The US should lead in the One World Order.” That’s a open admission of treason and allegiance to Entities wanting a One World dictorship.
    Biden/gov agencies colluded with Monopoly Media to violate and censor free speech or dispute to fake killer vaccines, dispersed and mandated by Government.
    Dr Campbell and others covered yesterday that the global government and their health agencies had full knowledge that Vaccines weren’t safe , and documents show that they knew vaccines didn’t stay in arm . The tests show it when to all parts of body with greatest amount going to liver and ovaries.
    In spite of full knowledge of this, your government continued to defraud you by saying the fake vaccines were safe and effective and eventually mandated taking the killer shots.
    The CDC and other agencies even endorsed vaccines for women in pregnancy, which so far has caused 20% more mortality of births.
    The Government is looting tax payers funds to pay for global wars, support of invading border illegals, and diversion of tax money to Mega Monopolies.

    Historically it was usually a Country invading another one by warfare . This invasion is different in that Countries Governments are surrendering to a partnership with One World Order Entities to rule the world.
    Klaus Schwab calls it “stakeholder governance” the Great Reset, whatever you want to call it.

    The end game of these Entities is in conjunction with Global Governments the One World Order Entities will control all resources and consumption , and enslave humanity, genocide humanity, and you will eat bugs and own nothing.

    The Communist idea is the Government owns all resources and means of production and will disperse consumption to population by each according to its ability , each according to its need.
    With the Carl Marx version of Communism , all private ownership is destroyed for Government allocation of resources, supposedly equitably.

    Facism is were Government partners with private industry in allocation of produced resources. Industry produces within the dictates of the Governments goals and needs.

    The current One World Order is private parties partnering with Governments to serve the needs of Industry to steal all resources and control of consumption , for forced enslavement of populations , forced genocide and deprivation of resources.
    The current insurrection offers nothing to humanity but forced enslavement , famine, no rights, genocide, deprivation , hacking , eat bugs , own nothing.
    Klaus Schwab said, “..who owns technology will control the world.”
    So the intent of the New World Order Entities isn’t very good for humanity, animals ,crops, or the earth’s terrain, if they implement their dastardly plans.
    Just saying governments aren’t doing anything about this invasion of world by self serving dangerous criminal psychopaths.

    1. If you were One World Order Entities, and you wanted to create a One World dictorship, you could do it by infiltrating the bulk of Governments of Countries to surrender or partner in the take over.

      Trojan horse strategy, though today it would be a pizza delivery guy and not a horse

    2. The U.S. is an empire with over 800+ military bases around the planet, and rapid deployment military and navy, and an unmatched airlift capability and logistics network. The deep state is highly unlikely to cede this power to anyone.

  20. CNBC — Here’s how bad housing affordability is now (6/25/2024):

    “Home prices are now 47% higher than they were in early 2020, with the median sale price now five times the median household income, according to the study.

    For renters, even though rent growth is slowing due to a big increase in new apartment units this year, prices are still 26% higher than they were in 2020 and rising in three out of every five markets.

    Half of all renter households — more than 22 million — spent more than 30% of their income on housing, which is considered “cost burdened” by HJCH. Twelve million of those households spend more than half their income on rent.”

    https://www.cnbc.com/2024/06/25/housing-affordability-price-mortgage-rates.html

    47% higher because of a minor respiratory illness with an infection fatality rate that, for the young and healthy, is statistically ZERO.

  22. Is this what it’s going to look like?

    Tommy Robinson Arrested in Canada After Giving Address on Free Speech

    KURT ZINDULKA’
    25 Jun 2024

    English political activist Tommy Robinson was arrested on Monday evening in Canada after delivering an address in Calgary on the importance of free speech following which around 10 plain-clothed under-cover police officers detained him.

    Tommy Robinson, an outspoken critic of mass migration, and commentator on the incongruity of Islamic beliefs with Western society, particularly majority-Muslim child rape gangs in England, was arrested on an alleged immigration offence after giving a speech to around 150 people in Calgary during his planned three-stop tour of Canada hosted by Ezra Levant’s Rebel News.
    Footage posted on social media showed Robinson being handcuffed and put in the back of a police car by what appeared to be undercover officers in street clothes. The right-wing activist was seen laughing while describing his arrest as “absolutely insane”.

    After spending several hours behind bars, Robinson was released, but said that he had his passport seized and was told to not leave the province of Alberta, potentially preventing him from continuing his speaking tour, which had planned stops in Edmonton and Toronto.

    Tommy Robinson 🇬🇧
    @TRobinsonNewEra

    Ok so tonight Tommy held his 1st speaking engagement with
    @ezralevant
    &
    @RebelNewsOnline
    . It ended with the government issuing an arrest warrant for Tommy

    2:51 AM · Jun 25, 2024
    ·
    https://x.com/TRobinsonNewEra/status/1805494090056056980

    Ezra Levant 🍁🚛
    @ezralevant

    TOMMY ROBINSON HAS BEEN RELEASED! But he must turn in his passport, remain in southern Alberta, and he cannot leave Canada!

    Tomorrow we work on fixing that.

    Help us help Tommy by crowdfunding the best lawyer in Alberta at http://TommyTrial.com.

    3:03 AM · Jun 25, 2024

    https://x.com/ezralevant/status/1805497078400901400

    1. English political activist Tommy Robinson was arrested on Monday evening in Canada

      The People’s Democratic Whatever of Canada?

  23. NORTH SEATTLE IS LOST TO DRUGS AND PROSTITUTION
    choeshow

    2 hours ago

    In under two minutes, watch what happens on Seattle’s Aurora Ave N. on a daily basis. Fentanyl addicts and prostitutes still dominate this hood. Btw, there were kids in this Arco gas station when I rolled up Monday afternoon to get a soda. The current plan is not working.

    https://www.youtube.com/watch?v=q7ZgxM3Xa4k

    1:35.

  24. ‘It wasn’t supposed to be this way. At the end of last year, Wall Street priced in five to six Federal Reserve rate cuts for 2024, which would have driven mortgage rates lower. ‘There was a certain amount of optimism,’ says Rob Dietz, chief economist for the National Association of Home Builders. ‘Some of that optimism proved to be misplaced’

    Don’t be so hard on yerself Bob, who knew wall street could be wrong?

  25. ‘Supply growth could soften price gains for these homes or even bring about declines in some markets, says Dietz. Once more owners list their homes, they will ‘have to do the same kind of price discovery that, quite frankly, builders did over the last two years’

    And yer in the business of supply growth Bob. Drive those prices down, build baby build!

  26. ‘You’ve got buyers who think it’s 2008, and then sellers who still think it’s 2020’

    That’s interesting Rainy, cuz bay aryan UHS say it’s an all time high.

  27. ‘It’s not the buyer’s market [buyers] would have hoped for right now, even though there’s a tremendous number of price decreases across all housing categories and price points,’ says David Jennings of Coldwell Banker, who specializes in single-family home sales in Sarasota’s Indian Beach-Sapphire Shores neighborhood. ‘However, those are reduced from what started out as aspirational prices seen in prior years’

    So prices are coming down from aspirational prices, but it’s a sellers market. Got it Dave.

    ‘If buyers can’t negotiate a competitive price, you’ll feel the wrath of their expectations, because buyers know they’re a shrinking pool…They won’t tolerate the broken irrigation system. They want to be credited at closing for deferred maintenance that may have come up during inspections. A seller has to be prepared for that’

    That’s the spirit Dave, talk em down outta that tree!

    ‘Active listings in Manatee County rose by 68.6 percent, to 2,570. Meanwhile, the townhouse and condo market in Sarasota County experienced a slight decline. The median sale price decreased by 9.1 percent, to $368,000. Inventory for townhouses and condos increased by 87.3 percent, to 2,010 active listings, resulting in 6.3 months of inventory, creating a buyer’s market. The townhouse and condos market in Manatee County experienced a notable decline, however, with closed sales dropping by 25.8 percent, to 264, and the median sale price decreasing by 5.5 percent to $361,495. It’s also a buyer’s market in Manatee, with inventory levels increasing by 88.4 percent, to 1,458 active listings, leading to a 6.3-month supply inventory. And, Jennings notes, ‘Most of the fees for condo owners have gone up considerably based on new state regulations’

    Let me guess, aspirational prices!

  28. ‘After months of delays, Shangri-La left town, leaving behind a slew of litigation and broken promises and facing further legal trouble in California, where the company is being sued by the state, as well as numerous lenders and contractors over unpaid bills’

    Another California ponzi scheme start up gets disrupted.

  29. ‘like people ‘defecating in public view and trashing these areas’

    Isn’t crapping in plain view part of camping in K-do Steve? I’ve camped there a night and I don’t remember seeing that but hey, when in Rome! As for the trashing, what do you expect them to do with the newspaper, put it in a bag and dispose of it – like a dog!

  30. ‘He said Wyoming’s growing homeless population is outpacing the availability of shelters, and many homeless people are starting to move into vacant homes. ‘The homeless population, especially in Wyoming, tends to be a little bit migratory,’ McPheeters said. ‘There’s a vast number of them that we’ve never seen before. They just showed up in their migratory travels’

    I remember seeing that when I was a kid Keith. Ducks, geese, bums.

  31. ‘‘This is the soft-landing scenario,’ Mr. Macklem said. ‘It has always been a narrow path, and we have yet to fully stick the landing’

    Sure Tiff, you got mortgage fraud related double murder suicides, multiple arsons of new igloos, foreclosures left and right, soft landing!

  32. ‘Many will regret decisions made in haste amid the frenzy…The latest sales volumes data suggests that the Perth market has passed its peak in terms of buyer activity and is unlikely to continue leading the nation on price growth –although the low level of listings of properties for sale is partly to blame. Our new analysis shows a significant drop-off in sales across Greater Perth in the past six months. There are a number of other signals that the peak has been reached, or passed, in this market – including longer ‘days on market’ in some areas and price decline at the top end of the market’

    Terry is a well known far right, Putin puppet, racist, stopped clock doom and gloomer insurrectionist anti-science election denier.

  33. ‘In the city’s French Concession, all 75 units of Singapore-based CapitaLand Group Pte.’s the Paragon were sold online in 45 minutes. They were sold for about 20% less than two second-hand units of similar range in the neighborhood marketed by Landz Realtors…‘Those who can afford such prime projects have waited for more than two years,’ said Stephanie Zhou, who has been facilitating the sales of prime real estate in Shanghai for more than two decades. ‘Some new projects were priced lower than existing ones they’ve checked during the market peak, and they see them as a bargain’

    That’s the spirit Steph, fook those previous buyers, out with the old in with the new!

  34. More And More Buyers Regret Their Decision (Toronto Real Estate Market Update)

    Team Sessa Real Estate

    26 minutes ago

    In this episode we take a look at the current Toronto Real Estate Market specifically the detached home prices and market trends for week ending June 19, 2024. We also discuss how many people want to be in Toronto but often don’t like what their money buys them here. The decision to move away to a suburb can seem like a no-brainer but often comes with issues leaving more and more buyers wishing they just saved more and bought closer.

    https://www.youtube.com/watch?v=bOsvz2RV1J4

    16 minutes.

  35. Ok, so they are going to administer Bird Flu vaccine to Finland next week, on a voluntary basis.

    The article said that Finland doesn’t have one confirmed case of bird flu in humans in Finland.

  36. The World Health Organization (WHO) it has made a warning about new strain of monkeypox spreading in Africa.
    WHO is claiming that the strain could make it’s way to Europe and wreak havoc around the world.
    The WHO claims the strain causes miscarriages, and has a fatality rate of 10%
    They are calling new strain “mpox. ”
    WHO now claims the mpox is
    now being transmitted between humans without sexual contact.

    I’m at a loss for words. Is it going to be bird flu or money pox as the next great panademic, or both at the same time?
    Well, you know I think this is all one big fraud.

  38. Congressional Report: CIA Interfered in 2020 Election, Colluded with Biden Campaign to Discredit Hunter Biden Laptop Story

    WENDELL HUSEBØ
    25 Jun 2024

    The CIA interfered in the 2020 election by colluding with the Biden campaign to discredit the Hunter Biden laptop story, a congressional report found Tuesday.

    https://www.breitbart.com/2024-election/2024/06/25/congressional-report-cia-interfered-2020-election-colluded-biden-campaign-discredit-hunter-laptop-story/

  39. Just heard that 12 year old girl fought those illegal Venezuelan skum bags for 2 hours leaving bite marks and scratch marks on them while they recorded the rape before before strangling her to death and throwing her body in the water.

    Can anyone tell me why Mayorkas and the rest of his “the border is secure” pals should not be tried as accessory to this and other similar crimes?

  41. He said Wyoming’s growing homeless population is outpacing the availability of shelters

    If even Wyoming has a growing homeless population then the US really has been fubar’d.

    1. If even Wyoming has a growing homeless population then the US really has been fubar’d.
      My friend in a fairly small town in Ohio is collecting shoes so they can buy cots and the like for homeless people in their town after they bought a house for the homeless to “live.” I wanted so bad to ask what the neighbors thought of the house next door being turned into a homeless shelter but bit my tongue. So even in quaint towns in Ohio.

    1. HOMEPAGE
      Real Estate
      The US real-estate market is headed for a correction, strategist says
      Jennifer Sor
      Jun 25, 2024, 12:30 PM ET
      housing market crash
      erhui1979/Getty Images

      – The real-estate market could soon see a major “leg down,” the strategist Chris Vermeulen said.

      – Signals in construction activity are mirroring the period leading up to the 2008 crash.

      – “People don’t realize real estate is primed and ready for another major leg down,” he said.
      …
      https://www.businessinsider.com/real-estate-crash-property-correction-prices-foreclosures-mortgage-defaults-banks-2024-6

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