There’s Not The Pressure To Make A Quick, Irrational Decision
A report from CBS News. “Five years ago, one in three American families could afford a starter home in 63 of America’s largest 100 cities, CBS News found. Now, it’s down to just 10 cities. Felicia Ellis is actively looking to buy her first home by the end of the year. A three-bedroom, two-bathroom house on a tree-lined street in Houston seemed like it could be a perfect fit. But the starter home Ellis desperately wants seems to be priced like a forever home she can’t afford. Someone else put in an offer, and it was accepted. ‘[It was] the one that got away,’ Ellis said. Ellis is determined to buy a home, and a Post-It note in her bedroom serves as a reminder. ‘You will be a homeowner,’ the note reads. It’s the American dream on a Post-It note — and it has sticker shock.”
WFIE in Indiana. “F.C. Tucker Emge Realtor Laureen Ludwig says the Evansville market is beginning to level out, after home prices ballooned over the past several years. ‘You don’t have to act as quickly as maybe you did have to a few years ago when you were considering purchasing,’ Ludwig said. ‘You may be in a bidding war with four other people for a property, those situations have definitely cooled out.'”
Arizona’s Family. “‘Right now, we have a 50% increase in the number of active listings over this time last year, so a dramatic increase in the number of homes hitting the market,’ said Trevor Halpern, realtor with Halpern Residential at eXP. As for prices, the median sales price in the Phoenix metro was $440,000 in August, according to the MLS. If you’re looking to buy, he says you should negotiate heavily and ‘do what’s comfortable.’ If you’re hoping to sell, Halpern says you likely will have ‘to give on price,’ noting there is some ‘give and take’ in this market.”
The Express News in Texas. “Heading into fall and winter — typically the slowest seasons for home sales — the supply of houses for sale in the San Antonio area is at its highest since early 2013. The median sale price dipped 1.85% to $313,995 in August and was flat at $320,000 in July, the Board of Realtors data shows. Homes are also sitting longer. For sellers, the sluggish market has prompted some to reduce their asking price to try to attract offers and others to decide to give up selling and rent out their home until the market picks up steam.”
From Chapelboro.com. “Exactly one month ago, the national real estate industry experienced a shift as a new set of rules went into effect for the National Association of Realtors. Sammy Martin is the broker in charge at Franklin Street Realty, which is independently owned and operated in Chapel Hill. ‘As long as they won’t allow that buyer commission to be rolled in and added to the price of the house, it is really going to hurt first-time homebuyers,’ says Martin. ‘Unless sellers agree, ‘nothing was really broken in North Carolina, so there’s no real reason to change anything here.’ The only thing that’s changed is when I look in the MLS, there’s no longer a number there that says what one of my agents or I might be paid.'”
The Palm Beach Post in Florida. “Question: I have resided in my HOA neighborhood for over 31 years. We have a new board and therefore we are facing new rules. Among other things, the board has passed a rule stating that we need to clean our roofs. I have a 2-story home and I don’t want anyone on my roof. What can I do about this? The cost alone to send out 300 violations letters is crazy! They have done nothing but spend money and make new rules. Signed, R.G. Dear R.G. The vast majority of homeowner’s association covenants provide that owners are obligated to keep their homes in a neat and well-maintained condition. Further, the board usually has the power to promulgate more specific rules regarding the use of the property, including the manner in which homes are maintained. Rules requiring owners to keep their roofs clean are commonplace. Frankly, I can’t offhand recall an HOA community where that wasn’t the case. There is frankly nothing that you can do about this.”
The Sun Sentinel. “For Carlos Villalobos, the press conference last March in Miami offered hope that things would finally change for residents of troubled community associations. Standing in front of news cameras, he described life in the Hammocks, a sprawling community west of Miami where prosecutors say board members embezzled millions of dollars, maintaining power through lawsuits and questionable election practices. With prosecutors and elected officials by his side, he endorsed legislation to crack down on community associations that steal, cheat or threaten residents. But a few weeks after the news conference, after the Florida House and Senate finished revising the community association legislation, Villalobos and other Hammocks homeowners were furious — and lobbyists for HOAs and condo managers were expressing satisfaction with the outcome.”
“The bill that would finally win approval had been cut from 60 pages to 16. Protections for condo owners had been stripped out, leaving the bill addressed exclusively to homeowners associations, which typically include only single-family homes. Villalobos called the final version of the anti-corruption legislation, which was signed by Gov. Ron DeSantis, a ‘huge disappointment.’ ‘I saw the original text, and it was really good — really, really good,’ he said. ‘What was left is something like 10 percent of what we were promised would be done. So any corrupt board has a free hand to do whatever they want still. We’re talking about powerful management companies and lawyers and all sorts of interests,’ he said. ‘We’re at the end of the food chain, the residents.'”
The Daily Mail. “A Colorado homeowner has taken to TikTok to vent on the ‘nightmare reality’ of owning her ‘dream home’. The distraught mother exposed the shocking state of the house she says she bought in Colorado two years ago. Built by Oakwood Homes, the property has since turned into an ‘absolute nightmare,’ she told her followers while pouring out her frustrations in a tearful video. Despite paying $3,400 per month for the property, the homeowner claims the house is ‘falling apart,’ with a host of serious issues including plumbing leaks, mold, uneven flooring, and garage flooding. ‘Man, I didn’t want to take this to TikTok,’ she said. ‘But feel like I have no other option. I’m at the end of my rope.’ Oakwood Homes has properties across Colorado, including Aurora and Colorado Springs, according to its website.”
“The predicament leaves her family with no choice but to consider legal action, she said, joining neighbors are facing similar issues. ‘We’re going to have to use what money we have left to sue them like our neighbors have to do,’ she said. ‘We want to sell our home and move, but we can’t, because it needs to be fixed to sell it, to move, and they will not fix it,’ she explained. ‘Unfortunately for us, the economy has put our family in a really sh—y spot the last couple years, and we didn’t really want to shell out our savings account and our emergency money to fight our home builder in court, but now we don’t have an option,’ she said.”
The Voice of San Diego in California. “Homelessness policy across much of San Diego County is rapidly changing direction. Yearslong efforts to reach out to homeless residents and connect them with services suddenly are taking a back seat to encampment bans and stepped-up enforcement. Four of the county’s five largest cities now either outlaw public camping or are actively considering a ban. Advocates for the homeless say they have mostly stopped contesting the bans and are recalibrating in the face of hardening public opinion. City officials say residents are forcing their hand by demanding tougher laws.”
“A little more than a year ago, encampments were permitted throughout the county and the consensus of experts and policymakers was that outreach and affordable housing, not enforcement, were the keys to solving homelessness. ‘It’s a domino effect,’ said John Brady of Lived Experience Advisors, a San Diego organization that advocates for the homeless. ‘It’s a foregone conclusion that pretty much every city is going to [outlaw encampments…] We have to rethink what we’re thinking and saying as advocates because we’ve lost the narrative.'”
The Los Angeles Times. “One year ago, the Santa Monica-based homeless housing and services nonprofit Step Up On Second Street seemed like it was about to become a national player. The politically connected organization had helped come up with California Gov. Gavin Newsom’s ‘Homekey’ homeless housing grant program and then, along with its for-profit real estate partner, had become a major recipient of Homekey funds. Together, Step Up and its partner, Shangri-La Industries, pulled in more than $114 million to convert seven California motels into apartments for formerly unhoused tenants. By the summer of 2023, Step Up was ready to take that model nationwide, with similar projects lined up in North Carolina and Denver.”
“Instead of creating hundreds of badly needed apartments, the properties went into foreclosure and were taken over by lenders. Four remain empty and unfinished. Officials in Greensboro, Winston-Salem, Asheville and Wake County, N.C., have scrapped plans for motel conversions with Step Up and Shangri-La, according to Blue Ridge Public Radio. In April of this year, officials with Denver’s Department of Housing Stability also terminated negotiations with Step Up on a hotel conversion. In a lawsuit pending in Los Angeles Superior Court, Shangri-La has accused its former CFO, Cody Holmes, of embezzling housing money and spending it on personal extravagances, including tickets to the Coachella Valley Music and Arts Festival, jewelry and rent for a Beverly Hills mansion. Holmes, through his attorney, declined to comment.”
“According to multiple people who have either worked closely with or for Step Up, President Tod Lipka also appeared to enjoy the high-flying lifestyle of Shangri-La executives like CEO Meyers, a one time NFL player, who sometimes flew private jets to out-of-town engagements. ‘Tod got high off flying in Andy’s private jet,’ said one insider who worked closely with Lipka around that time and still works in the homeless housing sphere. ‘The organization was overextended, enamored of growth everywhere.'”
From CBC News. “Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable. The federal government will increase the cap on insured mortgages to $1.5 million from $1 million, effective Dec. 15, which would allow more people to buy a house with a down payment below 20 per cent. Previously, Canadians who do not pay at least a fifth of the cost of the house as a down payment need to take out mortgage insurance, but the insurance was available only for homes priced at $1 million or less. That limit is now $1.5 million. In addition, purchasers will be able to take out loans for a 30-year period if they are first-time homebuyers or if someone is buying a newly built house, Freeland said.”
“Toronto realtor John Pasalis called the changes ‘a terrible policy,’ criticizing the changes as ‘a quick fix to satisfy some younger buyers.’ ‘It’s a stimulative policy designed to increase home sales and really just drive the market forward,’ Pasalis said. ‘The reality is that there’s no quick fix to our housing crisis … the housing crisis is going to be solved with long-term [measures].’ Prime Minister Justin Trudeau’s polling numbers have slumped to an almost all-time low of 30 per cent in September, which analysts and economists have said is primarily because millions of people are wrestling with high prices, especially of homes and rents.”
The Globe and Mail. “The new policies are seen as an attempt by the Trudeau government to win over young voters who have been priced out of home ownership by high prices and higher interest rates. It also means that homebuyers will carry their mortgages for a longer period of time. ‘Longer amortizations don’t improve affordability,’ said Robert Kavcic, senior economist with Bank of Montreal, adding that it pushes Canadians into higher debt burdens for longer. One preconstruction expert likened it to a ‘nothing announcement.’ That is because buyers already qualify for a 30-year amortization if they make a down payment that is at least 20 per cent of the property’s purchase price, and most developers require buyers to put down a 20-per-cent deposit. ‘The large majority were already getting 30-year amortizations,’ said Shaun Hildebrand, president of Urbanation, a preconstruction-condo research firm.”
The Canadian Press. “The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely ‘stuck in a holding pattern’ despite borrowing costs beginning to come down. Mike Heddle, a broker for Royal LePage State Realty in Hamilton, Ont. described the current balance in the market as one favouring would-be buyers. ‘I’m of the position that it’s a great time to buy if you’re in the market and you can afford and it’s the right house because you can negotiate,’ he said. ‘There’s not the pressure to make a quick, irrational decision. I think some of those buyers are coming to that conclusion as well.’”
Blog TO in Canada. “Many homes — including this four-bedroom property in Innisfil, Ont. — have sold well below their listing prices, as some buyers continue to struggle to make a profit on their investments. The home was first sold in February 2022 for $1.55 million, at a time when cheaper borrowing rates contributed to skyrocketing demand and prices across Ontario’s real estate market. Two years later, the home was put back on the market for $1.1 million. The home was re-listed in August 2024 for $999,900 and finally sold for $970,000 earlier this month, representing a loss of $580,000 when compared to its price just two and a half years earlier.”
ABC News in Australia. “When Adelaide Designer Homes was placed into liquidation last month electrician Ralph Czabayski was one of more than 80 creditors left out of pocket. It also left 20 home owners like Joanna and Henry Clough without a completed home. They’re now living in their friend’s tiny spare room and are expecting a baby next month. Mr Czabayski is $80,000 out of pocket. ‘No-one likes to lose money, without a doubt, because … I paid the wages for our electricians, materials for all of those jobs. So yeah, of course I would have loved to be paid,’ he said. ‘Luckily we’re busy and we can work our way through it but, look, it definitely hurts.'”
Scoop in New Zealand. “For the first time in close to four years the average asking price for properties in the Auckland region has fallen below the one million dollar mark. New Trade Me Property data shows in August 2024 the average asking price in Auckland was $986,750, down 1.3 per cent from July and the first time since September 2020 it sat at less than one million dollars. Trade Me Property’s Customer Director Gavin Lloyd said that August marked the fifth consecutive month of declining prices for Tāmaki Makaurau. ‘September results should be able to give us an indication as to whether we’ve just endured a difficult winter, or if drops are as a result of a more structural weakness in the housing market,’ says Mr Lloyd. ‘We’ve not seen prices drop to this level since April 2021 and if we keep seeing consecutive falls, as we have done over the past five months, we could see the average price go below $800,000.'”
“Auckland first home buyers Sam and Pam Gaviola recently purchased their 600sqm, four-bedroom property in Henderson Heights for $900,000 with a 20% deposit after a long search – Pam estimates they attended at least 50 open homes found on Trade Me before they came across their new home. Pam says they were able to get the home at a good price after it had been on the market for a while. The vendor had initially wanted $1.1m, but after a few months advertised the asking price as $999,000. The Gaviolas offered $930,000, knowing that there were moisture issues with the monolithic cladding, but they were confident that Sam, a registered builder, could remedy that. A building report uncovered further issues such as a roof that needed repairs, so they negotiated to drop the sale price to $900,000.”
“‘Bigger properties in Wellington and Auckland have both recorded falls down 8.7 per cent and 2.5 per cent, whereas Christchurch remained fairly flat down 0.2 per cent,’ says Mr Lloyd. The situation isn’t much brighter for 1-2 bedroom properties in the Capital with prices falling 9.7 per cent to $651,800 in August. ‘It’s a grim picture particularly for apartment living in Wellington with the average apartment shedding over $150,000 of its value since April.'”
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The Sun Sentinel, Voice of San Diego and Los Angeles Times articles are worth reading in full.
‘As long as they won’t allow that buyer commission to be rolled in and added to the price of the house, it is really going to hurt first-time homebuyers,’ says Martin. ‘Unless sellers agree, ‘nothing was really broken in North Carolina, so there’s no real reason to change anything here.’ The only thing that’s changed is when I look in the MLS, there’s no longer a number there that says what one of my agents or I might be paid’
‘Rolling’ Sammy’s commission into the loan was over 100% financing and now he’s a sad panda. Note the guberment didn’t fix this, they tried to keep the scam going.
Before this new NAR rule, everyone’s commission was rolled into the the buyer’s loan. Sellers don’t pay sh!t. Buyers pay for everything.
You will own nothing.
You will own nothing.
Ellis is determined to buy a home, and a Post-It note in her bedroom serves as a reminder.’You will be a homeowner,’ the note reads.
The willingness of the entitled low-information lemmings to rush into making a disastrous, illogical financial decision never ceases to amaze me.
The Post-It note on the refrigerator says, “You’re Special.”
The MSN article says that Ellis is a single mom in Houston making $70K and is approved for a $200K loan. Have people like this ever been able to buy a starter home? My guess is no, probably not in the past 30 years. At least not an SFH with yard. I’m guessing that she could eventually afford a townhome or half-duplex, but only after interest rates drop to 5% or so.
If she has a solid downpayment. I was making $60k when I bought my sfh in 2010. I put 25% down on a $240k house.
“F.C. Tucker Emge Realtor Laureen Ludwig says the Evansville market is beginning to level out, after home prices ballooned over the past several years.
Three things:
1. Laureen is a realtor
2. Realtors are liars, ergo, Laureen with a surplus e in her name is lying.
3. Bursting housing bubbles do not “level out” or “adjust.” They crater, as the fools who bought into an unsustainable housing bubble see their net worth decimated as trillions in fictitious “value” created by the gusher of Fed funny money since 2008 flies off to debauched currency heaven.
Just had to get up on that housing ladder, did ya, sweetie?
https://www.news.com.au/finance/young-aussie-reveals-rate-rises-that-left-her-stressed/news-story/bffadf8e67ef226f2f0df0f02857e088
She’s not a real Walton.
Officials in Greensboro, Winston-Salem, Asheville and Wake County, N.C., have scrapped plans for motel conversions with Step Up and Shangri-La,
Kudos to the officials in my town who made the commonsense decision!
‘Unless sellers agree, ‘nothing was really broken in North Carolina, so there’s no real reason to change anything here.’
The NAR racketeers want to keep their swindles on homebuyers going into perpetuity, but there’s no good reason why realtors should be paid 3-6% commissions in the internet age, given the minimal work they put in to execute shack-buying transactions. The whole idea of a “buyer’s agent” was always inherently fraudulent, since the NAR racketeers on both sides of the transaction had exactly the same objective: extract the highest possible price from homebuyers.
“Question: I have resided in my HOA neighborhood for over 31 years. We have a new board and therefore we are facing new rules. Among other things, the board has passed a rule stating that we need to clean our roofs. I have a 2-story home and I don’t want anyone on my roof. What can I do about this? The cost alone to send out 300 violations letters is crazy! They have done nothing but spend money and make new rules
Wash your penis and clean your roof—- Your HOA
The sheeple are blissfully ignorant of the savage hyperinflation we are going to witness when the Keynesian fraudsters at the Fed & the uniparty Parliament of Whores on Capitol Hill cause the U.S. dollar to lose its world reserve currency status. Got gold? Got silver? Got lead & brass?
https://asiatimes.com/2024/09/bric-by-bric-de-dollarization-only-a-matter-of-time/
the savage hyperinflation
And it will happen suddenly and it will be epic.
And nobody could’ve seen it coming.
‘It’s a foregone conclusion that pretty much every city is going to [outlaw encampments…]’
I said this was going to happen years ago when the hug a bum thing was widely considered permanent. No crystal ball. I could see it was unsustainable and people would eventually get sick of it.
‘We have to rethink what we’re thinking and saying as advocates because we’ve lost the narrative’
That’s what you grifters operated on John, a made up fairly tale that these disgusting drug addicts were some poor downtrodden sector of identity politics. It didn’t help that ‘advocates’ immediately turned into ponzi schemers and crooks with a trail of crappy hotels in foreclosure.
Bidenvilles!
Bloc Québécois win longtime Liberal seat and deliver stunning blow to Trudeau in Montreal byelection
Voters have dealt Prime Minister Justin Trudeau another devastating byelection loss, this time picking a Bloc Québécois candidate in a Montreal riding that’s been held by the Liberals for most of the last century.
The defeat in LaSalle-Émard-Verdun is Trudeau’s second byelection loss in a safe Liberal seat in the last three months and it raises questions about his long-term viability as party leader.
Bloc candidate Louis-Philippe Sauvé very narrowly beat Liberal Laura Palestini — a stunning upset given the governing party’s past strength in this part of southwest Montreal. NDP candidate Craig Sauvé finished third.
It was one of the tightest three-way electoral battles in recent memory with the leading candidates trading places throughout the count and a final result only known after 2:45 a.m. ET.
Before Monday’s byelection, there were few seats safer than LaSalle-Émard-Verdun for the federal Liberals in Quebec. This loss is a sign of how far the party has fallen.
Former prime minister Paul Martin previously represented parts of this riding, and a non-Liberal candidate hasn’t won here since the historic Orange Wave of 2011 when Quebec voters elected dozens of NDP MPs.
If that same sort of vote swing was applied to other Liberal ridings in Quebec, more than a dozen MPs could lose their seats at the next election.
“We are very proud of the campaign we ran,” said Tourism Minister Soraya Martinez Ferrada, who also represents a Montreal riding. “It’s a good dry run for the general election — that’s what matters, that’s where voters are going to be electing the next government,” she told CBC News before the final result was known.
The Liberal defeat in Montreal comes weeks after Conservative candidate Don Stewart bested his Liberal opponent in Toronto-St. Paul’s. Before that June loss, the riding had been held by the Liberals for more than 30 years.
The Liberal vote in Elmwood-Transcona collapsed. The Liberal standard-bearer, Ian MacIntyre, is on track to post one of the worst byelection results for a candidate from the governing party in Canadian history.
The party was not expected to be competitive given it finished a distant third in the 2021 general election and polls suggest Liberals are a lot less popular now than they were then. But the drop was still notable with the Liberal candidate taking less than five per cent of the vote — down about 10 percentage points from last time.
https://www.cbc.ca/news/politics/federal-byelection-montreal-winnipeg-1.7321730
. ‘We’re at the end of the food chain, the residents.’”
Our feckless, corrupt “representatives” are on the make & on the take. In “Our Democracy,” stuffed brown envelopes are the only thing that matters. Until the screwed-over peasantry get to the point where they pick up pitchforks & torches and decide they’ve had enough of being shafted by our overlords, nothing is going to change.
By that point the invaders will have been conscripted,
“A Colorado homeowner has taken to TikTok to vent on the ‘nightmare reality’ of owning her ‘dream home’.
I don’t understand these “victims.” Virtually every shack thrown up by developers along the Front Range during Housing Bubble 2.0 has been shoddily constructed by cowboy contractors using migrant labor, using substandard materials, the cheapest fixtures and appliances, and riddled with design and construction defects. Any competent building inspector could’ve come up with extensive lists of defects prior to FBs signing on Mr. Banker’s dotted line. Not to mention, for years now, FBs have been sharing their tales of woe on social media about the defective shacks they’ve been sold by almost every builder in and around Colorado Springs. So I’m having a hard time feeling sorry for the idiots who bought these shacks when “caveat emptor” should’ve told them they were making a huge mistake.
“every shack thrown up by developers along the Front Range during Housing Bubble 2.0 has been shoddily constructed”
Residential is a joke.
The only time I touch romex or plastic boxes or staples, I’m getting paid in CASH and no taxes.
” residential . . . getting paid in cash . . . ”
DEAL !! I always pay in cash anyway. I need my residential upstairs wired.
(unfinished, large rectangle ’40X’20 since new build from 1974)
so, when can get you get out here? N. CA.
since I pay promptly AND in ca$h, is it too much to ask if or when you show up:
* Be on time
* NOT drunk/high at 8:am
* presentable vehicle, not a shit-bomb
* timely communication; don’t ignore important texts
* have a SKILLED crew & VALID License/Insurance.
* speak passable English. drop the sullen attitude!
(Ukrainians, White Trash Meth Heads)
* charge a fair rate instead of “Rich Neighborhood” rate
I know, I’ll never hear from you again. used to it.
that’s why 99% of home moaners DO IT OURSELVES whenpossible. But, you may be one of the few good ones?
The last 25 years housing in the US has been built using Migrants. When I built my first house in 1993 it was, Randy Smith plumbing, Billy Bob drywall and Jimmy’s roofing ect. All using Migrants. Fast forward a few years on my current house it was Rodriguez plumbing, Sanchez drywall and Gonzalez roofing. Same with all the landscapers around here.
I am totally upset with the border situation No doubt about it. If immigrants went on strike It would shut entirely entire country down. Almost all food is picked, raised or processed by immigrants. As part of my job I go to a lot of distribution centers and factories And a majority of them are immigrants. Unless it’s very high tech manufacturing or like the BMW plant in South Carolina.
My family has had nothing but trouble with immigrants ever since we came to this country.
HaHahaaa !!
ROTFLMFAO!!
Migrants have been processing our food for decades. But they were seasonal workers who went back to their home countries, usually Mexico.
That’s a far cry from flying in waves of criminals, tens of thousands at a time, and giving them massive freebies.
It’s hard to swim home to Haiti and Africa.
grumpycatgood.jpg
“If you’re hoping to sell, Halpern says you likely will have ‘to give on price,’ noting there is some ‘give and take’ in this market.”
Got a recent Lennar home listing in my hood that’ll back that up. Lennar listed for 579k in ‘22, sold in a week and bid up to 595k. It just listed this week 2 years later for 549k. Once this baby closes, if it ever does, it’s gonna be at least a 100k a$$ pounding when all is said and done.
But man it was way better than renting!!! At least you got a piece of that “American Dream”!
Funny…I always thought the “American Dream” was about having the freedom and opportunity to reap the benefits of hard work and honest effort, not being a lifetime debt serf from buying into the Fed’s speculative asset bubbles.
The federal government will increase the cap on insured mortgages to $1.5 million from $1 million, effective Dec. 15, which would allow more people to buy a house with a down payment below 20 per cent.
Genius move, globalist Quislings. Rather than rein in the BoC and its Keynesian monetary fraud which has turned housing into a speculative asset bubble, these Liberal Party stooges of the banksters & globalists make it even easier for brain-dead Canadians to take on more debt for insanely overvalued shacks. This is not going to end well.
“For sellers, the sluggish market has prompted some to reduce their asking price to try to attract offers and others to decide to give up selling and rent out their home until the market picks up steam”
Love going through the histories of all these listings and seeing the listing, then pulled off market and listed for rent for a ridiculous price. No bites on rental so it’s re-listed months later at a slightly lower price. No bites again so it’s re-listed for rent a little lower again……and on and on. Meanwhile the carrying costs inflict a schlonging for the ages.
Meanwhile the carrying costs inflict a schlonging for the ages.
Yeah, but carrying costs are rarely part of the equation when making decisions, at least not until the alligator is about to get you.
A report from CBS News. “Five years ago, one in three American families could afford a starter home in 63 of America’s largest 100 cities, CBS News found. Now, it’s down to just 10 cities.”
https://www.cbsnews.com/news/housing-market-first-time-homebuyers-priced-out-what-can-revive-the-american-starter-home/
CBS Evening News
As more first-time homebuyers are priced out, what can revive the American starter home?
evening-news
By Mark Strassmann, Alicia Hastey
September 16, 2024 / 8:14 PM EDT / CBS News
“This housing crisis is at least a decade in the making, according to Chris Vincent, vice president of government relations and advocacy for Habitat for Humanity.”
“A lot of this is from the tailwinds, even from the ’08 financial crisis,” Vincent said. “We’ve essentially not been building enough homes for the last decade to keep up with demand.”
\\
– The “housing shortage” narrative continues. But data. Millions of vacant houses, STRs, and corporate rentals as a result of Fed-induced housing speculation. And yet, “it’s a mystery.”
– Many, or even most Americans are financially illiterate; the result of years of .edu dumbing-down and Communist indoctrination. All the while the MSM (legacy media) promotes the policies and narratives of the Left. Joseph Goebbels would be proud.
– The Fed dropped rates to create “the wealth effect.” They even said so in the article referenced below. However, it’s well known that low rates fuel speculative asset bubbles, which the Fed encourages. Then when the bubbles burst, the Fed disavows any knowledge of or responsibility for blowing said bubbles.
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https://www.washingtonpost.com/wp-dyn/content/article/2010/11/03/AR2010110307372.html
What the Fed did and why: supporting the recovery and sustaining price stability
By Ben S. Bernanke
Thursday, November 4, 2010
“With short-term interest rates already about as low as they can go, the FOMC agreed to deliver that support by purchasing additional longer-term securities, as it did in 2008 and 2009. The FOMC intends to buy an additional $600 billion of longer-term Treasury securities by mid-2011 and will continue to reinvest repayments of principal on its holdings of securities, as it has been doing since August.”
“This approach eased financial conditions in the past and, so far, looks to be effective again. Stock prices rose and long-term interest rates fell when investors began to anticipate the most recent action. Easier financial conditions will promote economic growth. For example, lower mortgage rates will make housing more affordable and allow more homeowners to refinance. Lower corporate bond rates will encourage investment. And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.”
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Related article:
https://realinvestmentadvice.com/the-federal-reverse-is-gaslighting-america/
The Federal Reverse Is Gaslighting America
Written by Michael Lebowitz and Jack Scott | Oct 7, 2020
“Logic is a necessary condition for meaningful communication and analysis. Logic is necessary for a healthy nation and economy. It is worthy of understanding amidst the multitude of incoherent and contradictory voices raging in our ubiquitous news feeds. As we will discuss, the Federal Reserve (Fed) is among the guilty.”
Logic and Integrity are Essential
“The integrity of any political, monetary, and free-market system is vital to its effectiveness. The logic behind that fact is clear. Exceptions are temporary, precisely because a healthy functioning system ultimately sustains itself on its integrity.”
#FEDGIBBERISH
“Although reluctant to acknowledge their role in recent crisis episodes, the Fed is complicit in setting the stage and enabling market manias through undisciplined monetary policy.”
“Today, the Fed prints trillions of dollars to accommodate exploding government deficits and corporate malfeasance. Through self-evident Ponzi dynamics, they tell us it is prudent and a logical part of the monetary “toolkit.” Actions taken by a small group of unelected officials rationalize their decisions are well within the boundaries of what is authorized. That is patently false. Much of what the Fed is doing is not authorized or legal. They blur the lines between monetary and fiscal policy. They pick winners, and therefore also losers, by buying corporate debt.”
“We know from experience that holding interest rates too low for too long is bad policy. We also know from applying simple logic that purchasing trillions in public securities distorts asset prices. Meanwhile, Fed officials tell Congress and the public that what they are doing is not only legal but even noble. They deny even the possibility of harmful side-effects of their policy. These are contradictions for the ages.”
Fed Gaslighting
Similarly, the Fed often adjusts the “lights” in discussions around achieving an inflation target of at least 2%. They must, they say, keep policy accommodative in alignment with the “mandate” of stable prices. However, stable prices and a 2% inflation target are two different things. That is not only a contradiction but a lie. A zero-percent inflation target is a pure definition of “stable prices”.”
“When asked at the July ’96 FOMC meeting the level of inflation that truly reflects price stability, he said, “I would say the number is zero, if inflation is properly measured.” – David Rosenberg quoting Alan Greenspan
“Additionally, prices that do not rise are beneficial for most Americans as they do not have to pay more for the things they need to live as their wages stagnate.”
“Meanwhile, a 2% targeted inflation rate benefits banks, corporations, and wealthy investors who deploy capital before the adverse effects of inflation. Everyone else suffers.”
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“Be a free thinker and don’t accept everything you hear as truth. Be critical and evaluate what you believe in.” – Aristotle (384 – 322 BC)
“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
https://x.com/dfwaaronlayman/status/1835665081226420514
Aaron Layman @dfwaaronlayman
This is the essence of the Cantillon Effect, and why the Fed’s version of trickle-down “wealth effect” economics is so destructive to the broader economy and working-class America. We’re seeing it play out in the housing market in real time.
Fed officials advertise it as a mandate of stable prices and full employment. In reality you get boom-bust cycles & more wealth concentration where favored players (those closest to the liquidity creation) own increasingly higher concentrations of assets.
Quote
Amy Nixon @texasrunnerDFW · Sep 16
Correct.
All a rate cut is going to do is make it easier for the Quantitative Easing Lottery Winners of the last decade to take out a HELOC and spend their prize money
9:00 AM · Sep 16, 2024 · 413 Views
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– A Fed rate cut tomorrow would be inflationary, especially with housing and stonk prices at or near ATHs, and core inflation still well above the Fed’s “2% target.”
– Congress continues to (deficit) spend at war-time levels; at a rate of $1T every 90 days. The Fed buys the debt via debt monetization. Think pre-Javier Milei Argentina or current Nicolás Maduro Venezuela. Banana republic stuff.
– It must be an election year and the incumbent is a Democrat.
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“The surest way to destroy a nation is to debauch its currency.” – Vladimir Ilyich Lenin
“The way to crush the bourgeoisie (middle class) is to grind them between the millstones of taxation and inflation.” – Vladimir Ilyich Lenin
“The establishment of a central bank is 90% of communizing a nation.” – Vladimir Ilyich Ulyanov Lenin
Exhibit 1:
The Ten Planks of the
Communist Manifesto
1848 by Karl Heinrich Marx
1. Abolition of private property in land and application of all rents of land to public purpose.
2. A heavy progressive or graduated income tax.
5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.
I don’t understand why the Communist Party USA hasn’t sued the DNC for appropriating their political platform.
https://www.peoplesworld.org/article/photo-feature-32nd-national-convention-of-the-communist-party-usa/
Inspections update. At the beginning of the year we were doing 80 to 100 inspections a day is this city in the West. Have 12 today. Been averaging about 20 lately. Huge drop.
Is this residential only? Or commercial too?
Everything. We’re the building division for the city. Not naming the city for obvious reasons. First it started with a big drop off in home improvement and remodel. Now it’s everything.
I can only speak for one trade in one market (electrical, in Denver) but we have more jobs under contract now than we have experienced foremen to run all of them. This is all commercial work.
Patience, grasshopper!
Not a lot of commercial where I’m at. We serve a population of about 75k.
Bee to this mall quite a few times, lots of stuff for the kids to do game rooms even a karaoke bar. you pay to have yourself recorded.
————
Pyramid entities borrowed nearly $419 million on Palisades from JPMorgan Chase and Barclays in 2016, a loan that was quickly sold to investors as commercial mortgage-backed securities.
The mortgage was set to mature in April 2021, but Pyramid was unable to pay it off.
https://www.silive.com/business/2024/09/massive-commercial-real-estate-company-could-lose-new-york-shopping-mall-one-of-largest-in-us.html
Mark it a zero
Almost anything that I would buy at the mall in ~1990 — women’s clothing, stationary, housewares, linens — is now at Wal-Mart or Target. If I’m feeling special I’ll go to TJ Maxx.
That takes care of about 80% of the malls. I do think that there’s a place for malls, but only in high-end areas where customers really do want a Dillard’s dress or Williams-Sonoma cookware.
diversity kills malls dead.
You see it everywhere and every time.
There is a Macy’s nearby. On the rare occasion when I visit I see a lot of Hispanics shopping there. They are apparently very status oriented and will pay Macy’s prices.
Amazon didn’t help the malls’ bottom line.
try aol link https://www.aol.com/judge-appoints-temporary-receiver-palisades-070055913.html
Not all stupid people are in the real estate field……..In “The asile of Palms” SC, a beachfront area ,a visiting couple trusted their GPS thingie so well ,they drove down a long concrete dock, and right off the end,Kersplat, into the ocean ..a nearby bartender ,who happened to be a trained lifeguard, leaped in the water and rescued them, before the car submerged……Wonder how they will explain that to the insurance folks?
GPS boomer remover
Jeff, I see your story of blind faith drivers taking an unexpected ocean bath and raise you, with the oft-told warning to FL tourists by us lifeguards to “Get out of the water: NOW!” during a thunderstorm.
it’s always comical, and sometimes tragic, when they bitch about
“We paid a LOT OF MONEY for this vacation, we ain’t . . ” FLASH / KABOOM goes the the lightening . . . then they shutthellup & move PDQ to shore! Adventure Island. Gulf Coast. etc
* you’ve never seen such fast moves by tourists as when a bolt of Franklin’s Ferocity crashes nearby. HaHA !!
(I really liked the ones that echoed: ka BOOOM BOOM Boom boom)
tropic downpour/weather. happens most everyday in the summer around 2pm. all clear in 30 mins.
That’s one way to get rid of an upside down car loan.
Seriously a lot of these “incidents” are insurance fraud.
Being in the car as it goes into the drink is a good way to drown.
Kicking out the windshield of a submerged car is your best chance of escaping.
“That’s one way to get rid of an upside down car loan.”
Every year, a few nice cars and trucks end up taking a swim in the many irrigation canals around our area.
“Wonder how they will explain that to the insurance folks?”
Maybe they could find this guy and ask him what he told his insurance folks.
https://youtu.be/OO4Q73Pk0A8?si=N8PLD0I8AQ6pn5h9
Might be a good day.
Congress just passed law that any WHO Treaty has to be approved by Senate with 75 % vote.
This would prevent Biden just signing such Treaties by Executive Order, which is what Biden has been sneaking around trying to do.
This has always been a scheme to form a One World Dictorship, based on contrived and manufactured Global Emergencies such as Climate Change, Panademics, equity, etc.
A plan to subject humanity to enslavement, while these Entities ends up controlling all resources and consumption of same, along with power to mandate fake killer vaccines.
Might be a good day if the Senate passes the new Bill , which would be a stumbling block to WHO/UN
overriding Sovereign States and Constitutional protections with these bogus global emergencies.
Do you have a source for this? This news isn’t easy to find.
I’m also surprised that such a bill would pass Congress.
“Do you have a source for this?”
You sound like Reddit.
And yes, I actually do. I couldn’t find anything on TheHill dot com, which allegedly covers Congress. Globalists are burying reporting on the vote, which was in the House not the Senate.
Search results turned up this:
“Congressman Nathaniel Moran recently voted to approve the No WHO Pandemic Preparedness Treaty Without Senate Approval Act, helping it to pass the U.S. House of Representatives in a vote of 219 to 199.
The legislation was cosponsored by Moran and was described as aimed at protecting American sovereignty against the World Health Organization (WHO). H.R. 1425, the No WHO Pandemic Preparedness Treaty Without Senate Approval Act, would require any convention, agreement, or other international instrument on pandemic prevention, preparedness, and response reached by the World Health Assembly to be subject to Senate ratification.”
https://tylerpaper.com/news/local/moran-votes-yes-on-congressional-check-for-world-health-organization/article_128fe08a-e73a-5395-bd3c-50ee3775bd9c.html
Nothing against the Tyler Morning Telegraph, but if this is a top search result for searching about the actual vote, globalists gonna globe.
Hat tip to Bobby and Tulsi for calling them out as the party of censorship and war.
Reddit or no, I’m glad I asked for a source, since HW is 90% full of crap.
There’s a big difference between “House” and “Congress.” Who cares what the House passes? Any House bill will just sit in committee in the Senate and go nowhere. No wonder nobody bothered to report it.
C-SPAN from six days ago;
https://www.c-span.org/video/?538292-3/house-session-part-2
Reddit gonna Reddit.
Is there anyone left who isn’t a grifter?
Not in real estate
The corporate-owned rental shack up the street from me has been sitting vacant for at least 3 months now. I don’t know what the greedy bastards are asking, probably in the range of $2500-3000, but it looks like it’s more than what the local rental market can bear. I love the idea of these corporate private equity locusts bleeding money on holding costs as would-be renters find better deals elsewhere.
From what I have heard those corporate rentals are poorly maintained. If something breaks, like say the HVAC or the water heater, it can be weeks before something is done.
After the landlord evicted the single mom & her 3 daughters that had previously been living there, they brought in crews to tear out all the carpets and do other rehab work. All migrant crews, naturally. Have no idea of the quality of their work or how extensive it was. Just know it’s sitting empty week after week.
A reader sent these in:
The number of full-time real estate agents and brokers in the US dropped to 440,000 in 2023, the least since 2014.
The real estate agents count fell 72,000 year-over-year, or 14%, marking the largest drop since 2008.
The number of members in the National Association of Realtors is now down 100,000 since 2022, to ~1.5 million.
In July, pending home sales plummeted to their lowest level on RECORD, even below the 2020 pandemic levels when the housing market halted.
With mortgage demand at 30-year lows, the housing market is stalling.
Agents are dropping quickly.
https://x.com/KobeissiLetter/status/1835648635653988564
🇺🇸 U.S SET TO GIVE ANOTHER $1 BILLION IN BENEFITS TO HAITIAN MIGRANTS
The Biden administration’s CHNV program allows 30,000 migrants from Cuba, Haiti, Nicaragua, and Venezuela to apply for asylum monthly.
Migrants with approved sponsors receive benefits such as Medicaid and food stamps.
Over 520,000 migrants have entered the U.S under this program since 2023, costing over $3.4 billion.
Fraud issues caused a temporary suspension, but the program has since resumed.
https://x.com/MarioNawfal/status/1835020754817065239
STANLEY DRUCKENMILLER JUST NOW ON RATE CUTS:
“I don’t care if they go 25 or 50, I really don’t. But I can’t help but point out that right after inflation was 9% with rates at zero they went 25bp. Where were all the Wall Street cheerleaders calling for 50 because real rates are too high? The asymmetry in their narrative is striking.”
https://x.com/amitisinvesting/status/1835640695073235003
Oregon job openings have dropped 17% in the past year, and over 30% of unemployed Oregonians are exhausting their 26 weeks of benefits without finding work — the highest rate since the pandemic.
https://x.com/dedkatbouns/status/1833147065381380265
The Interest Expense on US Public Debt rose to a record $1.12 trillion over the last 12 months, doubling over the past two years. At the current pace it will soon be the largest line item in the Federal budget, surpassing Social Security.
https://x.com/charliebilello/status/1834430009714303222
And now that housing is the least affordable and most expensive ever, wealth inequality worse than ever and the stock market back at nearly 200% market cap to GDP, a level only reached with record stimulus and easing to begin with, let’s begin a new easing cycle.
https://x.com/NorthmanTrader/status/1835668158880858619
Amazon is ordering staff to return to office 5 days a week
“Enjoy the ‘culture’!”
https://x.com/MacroEdgeRes/status/1835734815728968100
Consumers are tired of having a $1,300 product pushed on them yearly with the same features, you say?
https://x.com/DonMiami3/status/1835699276220940728
The feds have arrested two retired FDNY fire chiefs — the latest development in the ongoing problems for the Adams administration with the SDNY.
https://x.com/createcraig/status/1835671947595612283
Hello FBI you may also want to look into why this fire chief was driving a lambo around Chelsea last week
https://x.com/turbovax/status/1835676901312258084
Housing starts drop to decade lows, home prices falling 5 years straight, and everyone worried about losing their job.
This was the aftermath of the 1990s recession in Canada.
It’s not different this time.
In February 1996, John Kenward (Canadian Home Builders’ Association) tells it how it is:
“You can bring interest rates as low as you want, but at a particular point in time, unless people feel confident about their employment, they’re not about to purchase what is known as a ‘big-ticket item’”
https://x.com/igetredpilled/status/1817232051495489699
Lol this will do nothing, it’s a political stunt to get votes.
First time buyers aren’t taking out million dollar mortgages so raising the threshold to $1.5 will have zero impact.
Raising to 30 year amortization might offset cost of groceries.
https://x.com/igetredpilled/status/1835702626169627090
First time buyer, monthly payment lol.
https://x.com/NoryMcDonald/status/1835732561194025127
The most illiquid asset I’ve ever laid eyes on.
https://x.com/igetredpilled/status/1835500134236299408
US construction lending for homes dropped 10% year-over-year to $92 billion in Q2 2024, the largest decline in over 10 years.
This marked the 5th consecutive quarterly decline in construction lending for this sector.
Meanwhile, US housing starts fell 16% year-over-year in July to 1.24 million, a 50-month low.
https://x.com/KobeissiLetter/status/1835667479294578880
Car buyers are hitting a wall:
A new survey reveals that many shoppers are facing sticker shock as new car prices average over $47,000 and loan rates stay above 7%.
The disconnect?
The average driver hasn’t bought a car since 2018, when prices were lower, interest rates were better, and dealerships offered more deals.
Now, nearly half of new car shoppers want to spend under $35,000 on a new car — over $10,000 less than the average price.
And used car buyers aren’t catching a break either.
Only 5% of deals are falling under $15,000.
These conditions are forcing consumers to make tough choices: stretch the budget, go smaller, or hold off until the market cools down.
The craziest part?
More than 50% of respondents plan to work more hours or even take on a second job to fund their next car purchase… wild.
https://x.com/GuyDealership/status/1835688043157585998
These days, I’m told this is a sign of strength. Who needs savings when the stock market is rocking
https://x.com/cvpayne/status/1835521098122702965
The Government of Canada’s first day back to work.
https://x.com/JonFlynnREstats/status/1835753340895903914
We interrupt our important discussion about pumpkin spice lattes to inform you that Elizabeth Warren is saying the economy is collapsing and the Fed needs to cut 75 bps immediately (more than any estimate currently discussed)
The economy is weakening so much, she said it should have been cut months ago…. And the Fed is late now
Apparently the only one that controls the economy is just Jerome Powell…. The economic dictator.
No one else has any power over the economy, she implies
https://x.com/MichaelKudrna/status/1835702976406487367
What did I do to deserve this ?
Is this what happens when you’re right about inventory not peaking yet?
https://x.com/NipseyHoussle/status/1835757345684520989
having issues with a host refusing to cancel my reservation. Shes saying she can’t afford the mortgage and is removing the property from Airbnb, but that I have to cancel. I’ve contacted support but no resolution. Can you get me a full refund please?
https://x.com/The_aragog/status/1824925900028416335
First it was there’s so much money on the sidelines that will put a floor in house prices.
Now it’s poor ppl who will put down 10% on a 1.5M shitbox that will put a floor on house prices.
https://x.com/ManyBeenRinsed/status/1835769706977837183
People still falling for “Buying a house is the greatest accomplishment in your life” narrative
And willing to be strapped with 1M+ mortgages with less than 20% down.
God bless Canada where even the doctors, and lawyers and other high earners are destined to be poor
https://x.com/torontotalesyyz/status/1835705985463103633
CA10Y bond and CA2Y bond uninverting right now. Deepest inversion since late 80’s. We should expect 5 years of declining house prices from here, like the 90s.
https://x.com/barindersohi/status/1835671748634619926
The Liberal solution to over levered consumers who can’t afford homes… let’s give them access to more debt… 🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️
https://x.com/mortimer_1/status/1835698814046671071
$1.5M Cap On Government Insured Mortgages With 30 – Yr Amortization = Safe Injection Sites For Mortgage Debt
Want to know the very worst part?
In order to qualify for that huge mortgage most 1st Time buyer couples will need ALL 4 PARENTS to Co-Sign
This is the road to hell
https://x.com/ronmortgageguy/status/1835706897669730456
I assure you, we’re not doing it. Anyone 25-35 is waiting back for a while longer.
I looked at a place for 650k and it was tiny as hell 😹 I’ll rent !!
https://x.com/Bratt_world/status/1835709261927862707
In The End A Government Desperate To Stay In Power Will Sell Their Soul For Votes
Government insured 30 – Year Amortization For Up To $1.5M Mortgages with tiny down payments
Approaching a Recession
What could go wrong?
https://x.com/ronmortgageguy/status/1835698797940207919
Remember when they made a big fanfare about passing the “Fiscal Responsibility Act” in 2023? Ha ha.
Now the deficit is even larger reaching 8% of GDP this year. And this despite the fact that they got more capital gains tax revenues this year.
In 2023 it was 6.2%, already unprecedented during a non recession period.
2024 is seeing nearly GFC level crisis spending.
Everything is distorted as a result & GDP growth artificially inflated.
Now imagine what spending it would take during an actual recession.
Worse: If they sense there are no consequences to all this they’ll only be encouraged to do more of the same or more.
But no consequences is an illusion, but once apparent it’ll likely be too late.
The entire system is reliant & dependent on debt expansion & the cost of change too great now.
Hence no party is even touching the subject and note it didn’t even come up in the presidential debate.
Eventually it’ll choke the entire economy.
But everyone just shrugs their shoulders for nothing’s broken, and that breeds complacency.
Works until it doesn’t.
https://x.com/NorthmanTrader/status/1835764127618199882
The collapse of healthy society and the middle class.
A direct result of catastrophic policy.
For decades now our leaders have been running the country into the ground through deficit spending and money printing. By definition, they borrowed prosperity from future generations.
https://x.com/Geiger_Capital/status/1835718434216178077
Young people are not ok.
https://x.com/operationdanish/status/1835667648882827556
About half of all personal federal income taxes are going just to interest on the debt; grab your most recent paystub and realize that half your income tax is not going to roads, bridges, the military, schools, hospitals, or Social Security – JUST INTEREST:
https://x.com/RealEJAntoni/status/1835704944864694759
Paul Krugman, you are a lying @sshole.
“Amazon is ordering staff to return to office 5 days a week”
“Oh, the humanity!” —Herbert Morrison
But everyone just shrugs their shoulders for nothing’s broken, and that breeds complacency.
Works until it doesn’t.
Yep, just like Condos in FL. Works until it doesn’t. Questions are: when will it stop working, what will cause it to stop working, and how do you cash in on the chaos?
Apple saw nearly $94bn (£71bn) wiped off its valuation after analysts warned demand for its new iPhone would be weaker than expected.
Shares in the world’s most valuable company fell by 2.8pc on Monday after Ming-Chi Kuo, an analyst at TF International Securities, said iPhone 16 series first weekend pre-order sales were estimated at about 37m units, 12.7pc lower than last year’s corresponding iPhone 15 sales.
He blamed the drop on the fact that the phone will ship this month without Apple’s new artificial intelligence technology, which is not due to be released until later.
In a note to clients, Mr Kuo said: “One of the key factors for the lower-than-expected demand for the iPhone 16 Pro series is that the major selling point, Apple Intelligence, is not available at launch alongside the iPhone 16 release.”
Apple Intelligence will let users find reviews and menus when pointing the camera at a restaurant, or identify animals and plants.
https://www.msn.com/en-us/money/markets/iphone-fears-wipe-94bn-off-apple/ar-AA1qFnhq
Fake news. The Kamala Harris campaign, the DNC, and the MSM all inform the proles that joy is mandatory as we march shoulder to shoulder under the red banners of socialism into a glorious collectivist future. Globalist mouthpiece Paul Krugman also affirms that the Biden-Harris economy is firing on all cylinders, so this alleged “peak stress” among the population is clearly being spread by fear-mongers and conspiracy theorists like our HBB host, Ben “Alex” Jones and his fellow Putin groupies & Kremlin cats-paws.
https://studyfinds.org/americans-at-peak-stress-now/
I’m combing X every day and nobody has breathed a word about Joy, Brat, or whatever, for at least 3 weeks now. Now it’s just a festival of gaslighting and calling each other liars. And it’s not going to get any better.
They are going to do everything they can to drag her across the finish line. And if they fail it will be 4 years of nonstop lawfare against DJT.
$40 for a single bag of groceries.
Cue up the Muh Russia if anyone dares complain.
New threat facing homeowners whose properties are featured online
Burglars once lurked around neighborhoods and scanned obituaries to determine whom to target. Now, with free services easily available online, they can plan potential robberies from their computers or phones.
Although hard data on burglar’s methodologies is hard to come by, California’s Riverside Police Department has seen a number of criminals using these online means after they are arrested for prospective burglaries, or after completing one successfully.
The revelation comes as roving international crime gangs have victimized communities in California, Michigan and Arizona, according to Fox News Digital coverage earlier this year.
“Our detectives confiscate digital devices and things like that [after they arrest suspects] and we try to get search warrants to get into those devices,” Public Information Officer Ryan Railback told Fox News Digital. “That’s where you’re finding internet history. Our detectives have gone on their Google Maps and found that they’re searching certain addresses, that they were on Zillow or Redfin.”
“Right now you metaphorically case the joint out by going on these platforms with a cup of coffee in the comfort of your chair, and you gain more relevant data and intel than you ever did with [binoculars] and a vehicle outside the home,” former NYPD detective and security expert Pat Brosnan told Fox News Digital. “You really get the inside baseball.”
Sharon Polsky, president of the Privacy & Access Council of Canada, said that Google Maps imagery is also a useful tool for prospective car thieves.
“Car thieves can get a good idea of the type and number of vehicles at an address. A home with children’s toys scattered in the yard might be an unlikely place to get a high-end sports car; but a house with flags used as window coverings might be more likely to have an older vehicle — with lower value and therefore lesser criminal charges,” she told Fox News Digital.
“Anyone who steals cars to order can use Google Maps to see if a vehicle on their shopping list is in the driveways, and use that information to ensure they bring the appropriate software to be able to program blank key fobs needed to steal the vehicles,” Polsky said.
https://www.msn.com/en-us/money/realestate/new-threat-facing-homeowners-whose-properties-are-featured-online/ar-AA1qDQIy
Well that settles it. I’ll cancel my lawn service and make my house look dowdy AF. Unfortunately, a 2017 Camry is probably on everybody’s shopping list.
Not housing-related, but brilliant nonetheless. Thousands of Hezbollah members will henceforth be known as “Lefty.”
https://www.jpost.com/breaking-news/article-820536
LMAO. Thousands of Hezbollah members maimed by exploding pagers.
https://www.aljazeera.com/news/liveblog/2024/9/17/israels-war-on-gaza-live-38-killed-as-israel-risks-becoming-pariah
Can this get anymore Roadrunner vs. Wile E. Coyote?
The home was re-listed in August 2024 for $999,900 and finally sold for $970,000 earlier this month, representing a loss of $580,000 when compared to its price just two and a half years earlier.”
Few things are as heartwarming as watching the greedy housing speculators who bought during the central bankers’ scamdemic melt-up getting their heads handed to them.
A customer upset with the poor quality of Ola electric scooter has expressed his anger on social media and advised people not to buy it. A user named Nisha shared the bad experience of Ola scooter and wrote, “Dear Kannada people, this two-wheeler from Ola is very bad. If you buy it, it will only make your life difficult.”
Incident of setting fire to showroom in Karnataka: Earlier, a customer set fire to Ola Electric’s showroom in Kalaburagi, Karnataka. A 26-year-old youth named Nadeem bought an Ola Electric scooter on 28 August. Nadeem says that his scooter was constantly having problems and he did not get proper help from Ola Electric employees. That is why he took the step of setting fire to the showroom. Ola has condemned this act and has talked about taking legal action against the accused.
Nisha also told on social media that she regrets buying the scooter. She said that she had to wait for a month to buy the scooter and she paid the full price in cash. But due to poor quality, the scooter stops during the journey. Nisha said that even after the software update, the problems were not fixed.
https://english.newstracklive.com/news/people-are-getting-angry-due-to-the-breakdown-of-ola-electric-scooter-sc100-nu901-ta371-1327596-1.html
Elegant steel-on-steel sports watches are plunging in price as secondary market supplies increase.
It will not take you long browsing and cross-referencing authorised dealers, global marketplaces like Chrono24 and eBay, and auctioneers to see that watchmakers are storing up significant problems for themselves with references that were trading at over-retail prices due to shortages two years’ ago turning into widely available and heavily discounted pieces today.
Online trackers from the likes of Subdial and Watchcharts show that the average price of the most-traded luxury watches is continuing to fall, which is hardly encouraging customers to start spending today since prices could be even lower in a week’s time.
However, the time for sitting on the side lines waiting for prices to fall even further may be coming to an end if people act rationally and buy what they love.
https://www.watchpro.com/corders-column-in-a-buyers-market-do-not-wait-forever-to-buy/
if people act rationally and buy what they love
LOL. Rationally. That word doesn’t mean what they think it means. Or maybe they do, but need to find a way to get would be buyers to be impulsive, so they can unload their mountains of unsold watches.
How Operation Omega brought down former ATSIC head Geoff Clark
Detective Sergeant Mark Collins distinctly remembers seeing Indigenous leader Geoff Clark on the nightly news in the early 2000s.
Clark was leaving court alongside his lawyer Robert Richter QC, and Detective Sergeant Collins’s idle thought was “this Clark guy must be doing alright to afford the most expensive barrister in Victoria”.
About a decade later, Detective Sergeant Collins arrived at Victoria Police’s fraud and extortion squad and came across the name Geoff Clark again.
Auditors from Aboriginal Affairs Victoria had been through the books of Framlingham Aboriginal Trust, where Clark had been in charge on and off for about 30 years.
Their report was handed to police in May 2011 after discrepancies were found in the trust’s accounts, but it was not until Detective Sergeant Collins got his hands on the file in July 2014 that things began to unravel for Clark.
As he began to pick his way through the complex accounting, that idle thought about Clark having the high-priced lawyer kept coming back to him.
It would prove to be the first ace that brought Clark’s house of cards tumbling down, resulting in being found guilty of 25 charges in three separate jury trials relating to three decades of fraudulent behaviour at the expense of his own Indigenous community.
https://www.msn.com/en-au/news/australia/how-operation-omega-brought-down-former-atsic-head-geoff-clark/ar-AA1qFMIL
Scams shattering Indian students’ dreams of studying in Australia
Like millions of people in India, Prinjal dreamt of migrating to Australia in search of a better life.
The 19-year-old had made up her mind about it when she was just a girl, taken by the country’s freedom, education system and potential to earn money.
So she was thrilled when she received her enrolment certificate for Willows Institute, a private college in Adelaide last December.
“Everyone here was expecting me to leave any day. They even bought bags so I could start packing,” she told 7.30.
Prinjal hails from Seedpur, a small village in Haryana’s northern state. Her family turned to a migration agency, World Visa Advisors, located in Chandigarh, about two hours away.
The final step was securing a student visa from the Australian government. “I was so excited,” she said. “My parents wanted me to go abroad and become independent so they could tell people in the village and city that their daughter has done well in Australia.”
Prinjal was due to start her business diploma this July, but as the date got closer she still had not received her visa. Her older brother Ajay decided to visit the World Visa Advisors office. “He found the door was locked. Someone else in the building told him the agent had locked up and left 15 days back,” Prinjal said.
Ajay says his heart sank. “This was a huge fraud. These are not good days for us,” Ajay said crying. Prinjal’s father Satpal is a farmer. He owns an acre of paddy fields and drives a cab to make ends meet.
Satpal says he took out a $13,000 loan against his farm to pay for his daughter’s college course and the agent’s fees. Now it’s all gone. “I’ve been given 11 months to pay off the loan,” Satpal told 7.30. “Otherwise I have to give up my farmland.”
https://www.abc.net.au/news/2024-09-17/indian-students-duped-by-australian-visa-fraud/104309404
PORTAGE COUNTY, Ohio (WOIO) – A controversial post from the Portage County Sheriff’s Office has residents talking.
When people ask me…What’s gonna happen if the Flip – Flopping, Laughing Hyena Wins??
I say…write down all the addresses of the people who had her signs in their yards! Sooo…when the Illegal human “Locust” (which she supports!) Need places to live…We’ll already have the addresses of the their New families…who supported their arrival!
https://www.msn.com/en-us/news/crime/portage-county-sheriff-says-write-down-all-the-addresses-of-harris-walz-supporters/ar-AA1qG2O6
having issues with a host refusing to cancel my reservation. Shes saying she can’t afford the mortgage and is removing the property from Airbnb, but that I have to cancel. I’ve contacted support but no resolution. Can you get me a full refund please?
Must.not.laugh.
How the carbon tax’s good economics became terrible politics
Last spring, I called the carbon tax “dead man walking.” The condemned continues its sad march to the executioner’s chamber. Won’t be long now.
Politics lives in the realm of the possible. The carbon tax used to make its home in one of the better neighbourhoods, but not anymore. Now, the eviction notices are pilling up.
The latest were issued by the federal New Democratic Party and the NDP government of British Columbia. Premier David Eby, who heads the first province to bring in a carbon tax, way back in 2008, last week abruptly announced that he’d like to do away with it. He did so while standing next to a grinning Wab Kinew, the NDP Premier of Manitoba, who is also a carbon-tax sceptic.
What is the carbon tax guilty of? Visibility, mostly. To borrow from the Jack Nicholson character in A Few Good Men: You want the truth? You can’t handle the truth.
But as carbon pricing moved from theory to reality, and the price rose, public opinion turned. Winning an election while advocating for a consumer carbon tax is something a growing list of political parties have decided is no longer possible.
The tax is based on a foundational insight of economics, and one you don’t need a PhD to figure out: People are price-sensitive. Raise the price of something for which there are substitutes, and consumers will try to save money by turning to those substitutes.
But when we leave the department of economics and move over to political science, we discover that, rather than choosing a more fuel-efficient car, voters may choose a less pro-carbon tax government. (Or successfully lobby the government to have certain fuels exempted from carbon tax, as happened last fall with home heating oil.) That might include voters who, just a few years ago, were telling pollsters they liked the idea of a carbon tax, and who even today say they want major emissions reductions.
https://www.theglobeandmail.com/business/commentary/article-how-the-carbon-taxs-good-economics-became-terrible-politics/
Raise the price of something for which there are substitutes, and consumers will try to save money by turning to those substitutes.
There is no cost effective substitute.
In ‘liberal’ San Francisco, the sole progressive vying for mayor is an underdog
After 17 years wielding power and influence on the San Francisco Board of Supervisors, Aaron Peskin is facing a rather existential moment:
Has this famously liberal city moved too far right to embrace an old-school progressive like him for mayor?
https://www.msn.com/en-us/news/other/in-liberal-san-francisco-the-sole-progressive-vying-for-mayor-is-an-underdog/ar-AA1qHsP6
The ‘fabrications’ and resignations that plunged The Jewish Chronicle into crisis
Elon Perry was the kind of journalist every editor dreams of: a freelance reporter with a knack for sensational scoops.
Writing for The Jewish Chronicle newspaper, Perry, who claimed to have had a distinguished military and academic career, wrote a series of dramatic articles about the war in Gaza.
But the alarm was sounded after an article earlier this month. Perry claimed that a document had been found in the Gaza strip, which proved that Hamas leader Yahya Sinwar was planning to smuggle himself out of Gaza to Iran via the Philadelphi corridor, along with some of the remaining hostages kidnapped on October 7.
The Israel Defence Forces (IDF) denied such a document existed. Reports in the Israeli media accused the pieces of being “fabrications”.
The Jewish Chronicle conducted an investigation into Perry and his background. He claimed to have been a soldier involved in the Entebbe raid in 1976.
The investigation concluded with Perry getting the sack, amid accusations that he was a fabulist. His birth name, as revealed by an Israeli TV channel last week, is Eli Yifrach. He told The Sunday Times he had changed it after moving to the US and being told that his first name sounded like a “girl name in America”.
Perry’s website lists him as a “lecturer, historian, author and tour guide”, who specialises in the history and politics of the Middle East. His Jewish Chronicle biography said he had been a commando with the Golani Brigade of the IDF, serving for 28 years, before becoming a lecturer at Tel Aviv university. In total he wrote nine pieces for The Jewish Chronicle, all of which have been taken down.
The incident has brought about an unprecedented crisis in the paper. Over the weekend four of the paper’s star columnists, Hadley Freeman, Jonathan Freedland, David Baddiel and David Aaranovitch, announced they would be standing down, questioning the paper’s general editorial tone and standards as well as this specific case.
In a letter to the editor, Jake Wallis Simons, also a Telegraph contributor, which he later published on X, Freedland said “the latest scandal brings great disgrace on the paper – publishing fabricated stories and showing the thinnest form of contrition – but it is only the latest”. Quitting was particularly poignant for him, he added, as he had contributed to the paper for 26 years, following his father, who first wrote for The Jewish Chronicle in 1951.
For Freedland, as for the other three columnists, the Perry case was the last straw. Critics argue that under Wallis Simons’ leadership, the paper has become more Right-wing and ideological – increasingly aligned with Benjamin Netanyahu – a shift, it is claimed, that has been all the more pronounced since October 7.
The Elon Perry story that prompted the investigation was suspiciously in line with points Netanyahu was raising around the same time. An article in +972, an Israeli magazine, implied that Netanyahu might be behind the leaks himself. Perry, however, said at the weekend: “I don’t trust him. I never voted for him. I don’t support him. It’s nonsense.”
Freeman, an author and columnist for The Sunday Times, said she had resigned because “recent events have made it impossible for me to stay”.
“The Jewish Chronicle is the mainstream national newspaper for Jews in this country, and Jews represent barely half a per cent of the British population,” she tells the Telegraph. “So it is important that it represents the plurality of views of British Jews, not the Israeli government.”
She says the Elon Perry case was the last straw, but she had been growing steadily disillusioned with the paper’s leadership.
“It was an accretion of things,” she says. “I was increasingly frustrated with the lack of transparency about who owns The Jewish Chronicle, which was something I and other columnists had talked with the editor about several times over the past year or so. But we could tell ourselves we were still working to help the mainstream national Jewish newspaper in this country.
“It felt like it was time to quit because contrary to what people think, Jewish journalists are not all in the pay of Israel. Hopefully, the fact a bunch of us have quit over what we saw as The Jewish Chronicle running Netanyahu propaganda proves that.”
https://www.msn.com/en-gb/entertainment/music/the-fabrications-and-resignations-that-plunged-the-jewish-chronicle-into-crisis/ar-AA1qFQZ5
California gas prices skyrocket as national average drops
In Fresno, AAA reports the current average for a gallon of regular gas is $4.88.
One week ago, the cost was around $4.72, 16 cents lower.
A month ago, prices were at $4.56 per gallon. That’s more than 30 cents less than it is now.
Action News spoke to drivers pumping gas Monday afternoon.
“To get my boyfriend to work sometimes, we have to go without food so we can get gas,” said Melanie Campos.
Pain at the pump is an understatement for Campos.
“Even right now, we were like, ‘Okay, let’s just spend our last $2 to get a little bit of gas.’ So that way my boyfriend can get to work later,” said Campos.
Gas experts point to refinery maintenance, which is happening right now nationwide. But California is facing additional challenges.
“With the lack of refineries that produce California’s stringent and exclusive blend of gasoline, inventories of California’s gasoline have been falling because of that,” said Patrick De Haan of GasBuddy.
California is the only state with its own blend of gas, which is why our prices don’t drop when other states do.
https://www.msn.com/en-us/money/markets/california-gas-prices-skyrocket-as-national-average-drops/ar-AA1qGeXG
Sow, reap, Bitchez!!
I’m sure Newsom and his cronies are unaffected while they dine at the French Laundry.
Paul Krugman muh best economy ever.
Zimbabwe R Us.
https://confoundedinterest.net/2024/09/13/highway-to-hell-us-interest-to-hit-1-6-trillion-by-year-end-making-it-the-largest-us-government-outlay-interest-payments-crowding-out-social-safety-nets/
Remember, the Great Replacement is a conspiracy theory.
https://x.com/EndWokeness/status/1836076230224863604
“‘Man, I didn’t want to take this to TikTok,’ she said. ‘But feel like I have no other option. I’m at the end of my rope.’ Oakwood Homes has properties across Colorado, including Aurora and Colorado Springs, according to its website.”
She really went for the nuclear option!?
I took my son to Carl’s Junior for a late night burger run a couple of days ago. An AI bot took his order, and it looked like just one kid was running the operation, presumably for $20 an hour in minimum wage pay.
What happened to all the other workers?
and it looked like just one kid was running the operation
Automation, baby. Granted, the kitchen has to be remodeled with new gear, but at some point it makes sense.
“An AI bot took his order…”
I have a few *favorites* saved in my Mickey D app. When I travel it uses my phone’s GPS to locate the next closest Mickey D restaurant, and it forwards my order (and payment) so they can prepare it while I’m still enroute. Just In Time DB processing!
Do you place your order while driving the car?
* Open Google Maps, search for a Mickey D.
* Open the Mickey D app and wait for the exit ramp.
* Exit, then order.
* Park, stretch, restroom, wash hands.
* Grab my waiting order!
How do you do the first two steps without using your cellphone?
How do you do the first two steps without using your cellphone?
Modern dashboards, with their cellphone like interfaces, should be illegal. In many cases, doing something as simple as changing the A/C settings can require taking your eyes off the road for too much time.
Also, I refuse to use the fast food phone apps. It’s easy enough to crash with your eyes on the road. My SIL was rear ended last month by an Indian who was fiddling with his phone, instead of driving. People are so addicted to their phones that it’s scary.
“How do you do the first two steps…”
Q: “Hey Google, how far away is the nearest McDonalds?”
A: “About 5-miles, take exit 232…”
Germany reintroduces border controls to tackle migration – to the delight of far right
Germany has reintroduced checks on all nine of its land borders in a move that has angered a number of its neighbours – but brought praise from the far right.
The new restrictions came into force on Monday in the wake of a string of deadly knife attacks in which the suspects were asylum seekers, and after the anti-immigration Alternative for Germany (AfD) made big gains in local elections.
The far right has praised the news as a win. Geert Wilders of the Dutch Freedom Party (PVV) said Berlin’s decision was a “great idea”, and Marine Le Pen of France’s National Rally said: “Now Germany is doing it, when will France follow?”
Mr Tusk denounced the temporary controls as “unacceptable” while Greece’s prime minister, Kyriakos Mitsotakis, said the move would “hurt one of the fundamental achievements of the EU”. Mr Nehammer warned that if Germany introduced measures to send more immigrants back across their shared border, Austria would respond by sending more people eastward towards the Balkans.
https://www.msn.com/en-us/news/world/germany-reintroduces-border-controls-to-tackle-migration-to-the-delight-of-far-right/ar-AA1qEs77
The new restrictions came into force on Monday in the wake of a string of deadly knife attacks in which the suspects were asylum seekers
A good first step, but unless they have mass deportations all it will do is buy time.
It’s interesting that the loudest critics are globalist scum who aren’t German.
It sure took the spotlight off Orban and Hungary.
The Hungarians still remember what being replaced was like, as they were overrun by the Ottomans centuries ago. Not only did they recover their country but they expelled every single Turk. And that’s what it is going to take in Germany. It won’t be pretty and bloodshed is possible.
Of course politicians of every stripe tell us “It can’t be done, we can’t deport them.” Plenty of excuses are made: they are too many, we actually need them, families would be torn apart, etc. But as I tell people, we can either do it now, or wait for a civil war.
They already have bloodshed regularly.
I’m thinking along the lines of the French Revolution bloodshed, not a stabbing by an Aloha Snackbar type.
“thinking along the lines of the French Revolution bloodshed”
A Yugoslavia map .gif file depicting 1989 to 1992:
https://ibb.co/frZ57zt
A Yugoslavia map .gif file depicting 1989 to 1992
And they’re all Slavs
Fräulein are already riding Turkish ponies.
‘Heading into fall and winter — typically the slowest seasons for home sales — the supply of houses for sale in the San Antonio area is at its highest since early 2013’
Austin just hit the highest since early 2011.
‘signed by Gov. Ron DeSantis, a ‘huge disappointment.’ ‘I saw the original text, and it was really good — really, really good,’ he said. ‘What was left is something like 10 percent of what we were promised would be done. So any corrupt board has a free hand to do whatever they want still. We’re talking about powerful management companies and lawyers and all sorts of interests,’ he said. ‘We’re at the end of the food chain, the residents’
It’s an commie urban living con game Carlos. That’s why it failed. Ron just broke it off in yer a$$.
‘We’re going to have to use what money we have left to sue them like our neighbors have to do,’ she said. ‘We want to sell our home and move, but we can’t, because it needs to be fixed to sell it, to move, and they will not fix it,’ she explained. ‘Unfortunately for us, the economy has put our family in a really sh—y spot the last couple years, and we didn’t really want to shell out our savings account and our emergency money to fight our home builder in court, but now we don’t have an option’
It was still way cheaper than renting tictok sad panda.
‘Czabayski is $80,000 out of pocket. ‘No-one likes to lose money, without a doubt, because … I paid the wages for our electricians, ms right aterials for all of those jobs. So yeah, of course I would have loved to be paid,’ he said. ‘Luckily we’re busy and we can work our way through it but, look, it definitely hurts’
That’s the spirit Ralph, take yer a$$ poundings like a man!
Amen, take one for the team!
‘For the first time in close to four years the average asking price for properties in the Auckland region has fallen below the one million dollar mark…‘September results should be able to give us an indication as to whether we’ve just endured a difficult winter, or if drops are as a result of a more structural weakness in the housing market…We’ve not seen prices drop to this level since April 2021 and if we keep seeing consecutive falls, as we have done over the past five months, we could see the average price go below $800,000’
New Zealand was the first to raise interest rates and prices immediately sank like a turd in a well.
‘Auckland first home buyers Sam and Pam Gaviola recently purchased their 600sqm, four-bedroom property in Henderson Heights for $900,000 with a 20% deposit after a long search – Pam estimates they attended at least 50 open homes found on Trade Me before they came across their new home. Pam says they were able to get the home at a good price after it had been on the market for a while. The vendor had initially wanted $1.1m, but after a few months advertised the asking price as $999,000. The Gaviolas offered $930,000, knowing that there were moisture issues with the monolithic cladding, but they were confident that Sam, a registered builder, could remedy that. A building report uncovered further issues such as a roof that needed repairs, so they negotiated to drop the sale price to $900,000′
The market need knife catchers Sam and Pam, thank you for yer service!
‘Bigger properties in Wellington and Auckland have both recorded falls down 8.7 per cent and 2.5 per cent, whereas Christchurch remained fairly flat down 0.2 per cent,’ says Mr Lloyd. The situation isn’t much brighter for 1-2 bedroom properties in the Capital with prices falling 9.7 per cent to $651,800 in August. ‘It’s a grim picture particularly for apartment living in Wellington with the average apartment shedding over $150,000 of its value since April’
What I think is really cool about yer sh$thole Gavin and Australia is how you describe yer loan owning filthy lucre in days. So 150,000 pesos divided by four months is $1250 per day.
When I carpool in the van with my apprentice, I make him drive us from South Denver to Weld County. I can reply to work emails, plan out the day, and also, since he’s driving and can’t finger f* their phone (as all apprentices do, every available second they think they can) and force him to listen to this today driving in.
Former KGB Agent, Yuri Bezmenov, Warns America About Socialist Subversion (13:36, recorded in 1983):
https://m.youtube.com/watch?v=Z1EA2ohrt5Q&pp=ygUXeXVyaSBiZXptZW5vdiBpbnRlcnZpZXc%3D
No doubt you’re the life of the party!
BIGGEST Real Estate PONZI in Canadian History
Jon Flynn Real Estate Stats
1 hour ago
In a desperate attempt this week the Liberal party attempt to fuel the biggest real estate Ponzi scheme in Canada’s history by ordering CMHC to allow 30 year mortgages for first time buyers and increase the insurable purchase price of a house to $1.5 Million dollars. The house or cards is about to fall and the government is desperate to keep it alive. I also go through August national statistics from the Canadian Real Estate Association.
https://www.youtube.com/watch?v=j7xNVhKn2vw
17 minutes.
Seller’s Reaching The End Of Their Runway (Toronto Real Estate Market Update)
Team Sessa Real Estate
1 hour 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 Sept 11, 2024. We also discuss the issue with selling right now as some seller’s are now facing the end of their runway.
https://www.youtube.com/watch?v=s0yiLI1F3Pc
20 minutes.
Seller’s Reaching The End Of Their Runway
Nothing like barreling down a runway and you can’t take off for whatever reason. All you can do is brace for the imminent crash.
DHC-6 Twin Otter (over takeoff weight)
https://youtu.be/e0DEb0M6wt4?t=100
FEDERAL BYELECTIONS: Justin Trudeau is poison
Toronto Sun
1 hour ago
Sun political columnist Lorne Gunter on how the recent federal byelections show the continuing decline of Justin Trudeau’s Liberals.
https://www.youtube.com/watch?v=FOxoFbCgpxE
4 minutes.
Saving the Kids
Robert F. Kennedy Jr.
4 hours ago
There is nothing more profitable in our society today than a sick child.
https://www.youtube.com/watch?v=sG8H6g0FeV8
2:31.
The number of vaccines that kids are getting today is mind numbing.
I noticed they were still pushing this debunked propaganda on ABC’s World News Tonight with David Muir this evening.
MSM Still Pushing Bomb Threat Hoax After Gov. DeWine Debunked It As Foreign Interference Operation
by Jamie White
September 17th, 2024 6:18 PM
“The American media for three days has been lying and saying that Donald Trump and I are inciting bomb threats, when in reality the American media has been laundering foreign disinformation,” says Trump running mate and Ohio senator J.D. Vance.
The mainstream media is still pushing the false narrative that Donald Trump and J.D. Vance inspired bomb threats on municipal buildings in Springfield, Ohio, despite the fact that Gov. Mike DeWine (R) on Monday revealed every one of them to be hoaxes that came from a foreign nation.
“At least 33 separate bomb threats. Each one of which has been responded to and each one of whom has been found as a hoax,” DeWine told reporters. “So 33 threats, 33 hoaxes. None of these had any validity at all.”
But the media apparently decided that an inconvenient fact like that wasn’t enough to give up on a perfectly good narrative with which to attack their political opposition.
Talking heads for CNN, CBS, MSNBC, The Washington Post and even Kamala Harris herself still pushed the fake news “bomb threat” hoax after DeWine’s announcement.
https://www.infowars.com/posts/msm-still-pushing-bomb-threat-hoax-after-gov-dewine-debunked-them-as-foreign-interference-operation
David Muir
This guy should be embarrassed.
Are housing prices falling in your area?
09-17-2024
NEWS
Shifting housing market: Where home prices are falling right now
Despite a recent drop in mortgage rates, some housing markets are seeing mild home price declines, according to Zillow data. Here’s where.
…
https://www.fastcompany.com/91192371/housing-market-shifting-where-home-prices-falling-now-zillow-data
Denver7 (9/17/2024):
“Denver Health estimates it will lose $155.5 million from uncompensated costs this year, an increase of 10% from last year.
Uncompensated costs have risen rapidly over the past few years, as has the number of uninsured patients visiting Denver Health, the state’s largest safety net hospital.
While most of the uncompensated costs are from patients who live in Denver, about $37.4 million come from patients who live outside of Denver. Denver City Councilman Kevin Flynn said he’d like to see other counties step up and provide financial help.
“It would be nice to get a little more cooperation and not be entirely or mostly at the expense of Denver,” Flynn said.
“I do feel like we should probably have a tougher conversation with folks in the surrounding counties,” said Denver City Councilwoman Shontel Lewis.
https://www.denver7.com/news/front-range/denver/denver-health-says-unpaid-health-care-costs-will-soar-to-155-million-this-year
Tougher conversation? You can pay for own sanctuary sh*thole, Shontel.