If This Was 2017, The House Would Be Sold By Now
A report from WGME. “Several towns across Maine are considering rent control policies, and some are looking to Portland’s experience for insight. Portland landlords say the policy puts them under financial strain. Andrew Doukas, who owns a three-unit building in the city, says he’s kept his tenants’ rent almost the same since he acquired the building seven years ago, despite rising costs. ‘My electric bill over the last several years has almost doubled,’ Doukas said. ‘I’m not making any money off that building. I think my benefit will come when I sell it.'”
The Olympian in Washington. “The relationship between buyer and seller is much better than it was because both parties are negotiating again, said Mitch Dietz, owner of Coldwell Banker Evergreen Olympic Realty in Olympia. They are negotiating on the price of the home, closing costs, contingent sales and repairs, he said. Sellers need to get the house ready and price it right, he added. Buyers are making larger down payments to buy a home, Dietz said. ‘The seller has to be willing to work with them,’ he said.”
Hernando Sun in Florida. “Deanna Overkamp, 63, who moved to Hernando Beach in the early 2000s, said her homeowners insurance bill had doubled compared to last year, causing her to have to shop around for a new policy. ‘A lot of people out here really got hit with homeowners insurance, it like doubled,’ she said. ‘So, from $2500, it went to like $5000.’ During Hurricane Milton, Overkamp’s home was severely impacted, with about six feet of water flooding the inside.’The whole house was pretty much underwater,’ Overkamp said. Lex Barker, an independent insurance agent, said that 20% of the policies he writes are through Citizens. ‘If the insurance company doesn’t want to write in Miami, they’re not going to write in Miami because they can’t get enough premium to cover losses.'”
“Danielle Healis, general manager of Killingsworth Insurance, who has been working at the agency for about 36 years, said fraud and price gouging are significant causes of the rise in homeowners insurance. ‘The normal cost of hurricane losses is one thing that insurance companies can handle,’ Healis said. ‘It’s the fraud and, unfortunately, the price gouging that makes it difficult to stay competitive.'”
From Islander News. “The State of Florida remains an attractive destination for real estate and the Realtor.com’s recently released September 2024 Housing Overview of the 50 Largest Metros report, shows there might be some bargains on the Sunshine State as homeowners seem to be trimming prices to revive buyer interest. The Miami DMA Metro area, which encompasses Miami-Fort Lauderdale-Pompano Beach, topped the list, with the median listing price dropping 12.4% in a year-over-year (YOY) basis. On a per square footage basis, the Miami DMA dropped 9.5% from the same period last year. Jacksonville at #6 with the Media Listing price of $399,000 now 6.1% lower. Orlando-Kissimmee-Sanford area at #8 with Media Listing price of $429,950 dropping 5.6%. Tampa-St. Petersburg-Clearwater market ranked #9 with Media Listing prices of $414,948 dropping 5.5%. While Miami the Median Listing price in Miami has dropped, it is still 31.5% higher than pre-pandemic prices (42.8% higher on a per square footage basis).”
Fox 13 News in Utah. “Their dream turned into a nightmare. It’s been less than 10 days since a couple closed on their home in South Salt Lake. Since then, it has been broken into and vandalized three times. Andrew Strong and his wife closed on their home and got the keys last Wednesday. ‘I got back here on Friday to continue working on this and that’s when we noticed someone had been into the garage and took the minifridge,’ explained Andrew. The following Tuesday, their dream and home were shattered. ‘I noticed that they’d broken into the house and took all my tools, and smashed everything,’ said Andrew. On Friday — 9 days after closing on their home, Andrew said someone broke in again. This was the third time. His family has been stepping up to help. ‘My brother and his wife and just distraught,’ said Andrew’s sister, Randi Strong. ‘Can’t even put into words what that would feel like.’ ‘You obviously have to be in a dark place to do this to someone, I wish them the best,’ said Andrew about the person or people breaking in. ‘It was out goal to move into it. We don’t know what we’re going to do now.'”
From Realtor.com. “Cayden Harry, an agent with Family Tree Realty in Yucaipa, CA, has noticed election chatter at open houses in recent months, with many prospective buyers in the Republican-leaning area claiming they want to see Trump win before signing a contract. Harry was surprised after listing a home in Beaumont, CA, in late September, and waiting 24 days before getting a single call or request for a showing. The five-bedroom home was listed for $680,000, which he believed was competitive after an identical model in the development was quickly sold for $695,000 in August. But as the weeks ticked by with no offers, he began to wonder if election jitters were to blame.”
“Andrew Fortune, who runs the real estate brokerage Great Colorado Homes in Colorado Springs, says that two of his agents have had buyers who want to wait until after the election to look at more homes. ‘One buyer is younger and believes that if Trump wins, home prices will drop next year. The other buyer is older and believes that if Harris wins, the housing market will crash, so they want to wait,’ he says.”
The New York Post. “Casa Encantada, touted as the most expensive residence in Los Angeles and in California overall, just received a significant price cut — dropping from an eye-watering $195 million to $165 million, according to a release from the listing brokerage. In today’s market, where $100 million price tags no longer command eager lines of buyers, experts remain cautiously optimistic. ‘If this was 2017, the house would be sold by now, but given the state of the market, there aren’t buyers lining up around the block for any house over $100M,’ Compass agent Josh Flagg said in a statement.”
The San Francisco Chronicle in California. “Opendoor, the San Francisco startup that redefined how homes are bought and sold online, announced that it will lay off 300 employees, or about 17% of its workforce. This round of layoffs is the latest in a series of workforce reductions for the company, which previously cut 550 jobs in November 2022 and 550 more in June 2023. Despite these efforts, Opendoor continues to struggle with profitability. For the first nine months of 2024, the company reported a $78 million loss. Opendoor also exceeded its expectations for home acquisitions, purchasing 3,503 properties, up 12% from the same period last year, despite ongoing challenges in the housing market. As of the end of the third quarter, Opendoor’s inventory included 6,288 homes, valued at $2.1 billion, down 4% from the previous quarter. The company has accumulated $3.61 billion in losses since its debut, including a staggering $1.35 billion loss in 2022, which prompted major cutbacks, including a slowdown in home purchases and the layoffs. This year, however, Opendoor has managed to reduce its losses to $275 million.”
KTNV in Nevada. “If you live in Spring Valley and live or work near Buffalo and Flamingo, you may be used to seeing homeless encampments that have built up in different spots at Spring Valley Community Park. However, the issue for Spring Valley High School principal Tara Powell is that it’s right next to–sometimes coming into–her school, and trash and property damage is being left behind. ‘The kids deserve better,’ Powell said. ‘They deserve a safe learning environment, and right now this is a concern.’ Powell walked us around the baseball field on the campus’ south side bordering the park, where she says they’ve seen the most issues. Powell said one staff member even found someone living inside a press box shack, built by donors to the baseball program.”
“‘It was filled with human excrement, alcohol, there was a meth straw,’ Powell said. ‘It was just disgusting, and was completely covered in urine.’ The shack had to be torn down because of it: ‘hard earned money, they built it with their hands, and now it’s gone,’ Powell said.”
From Bisnow. “The number of borrowers defaulting for a second time on property loans nearly doubled over the past year, a potentially ominous warning sign for banks with a high concentration in commercial real estate. The value of loan ‘re-defaults’ on banks’ books in September was up 90% from a year prior, according to industry tracker BankRegData data reported by the Financial Times. Around $1B of loans have been added to the list of those at risk of re-default in the last quarter alone, with the total value of loans at risk sitting at $5.5B. The level of borrowers receiving relief for modified, nonperforming commercial real estate loans only to once again become delinquent is the highest it has been since 2014, the FT reported.”
“The double defaults show that ‘extend and pretend’ strategies lenders have used to avoid taking write-offs on property loans could backfire as interest rates remain elevated. Banks have roughly $2T in commercial real estate loans, but the value of delinquent loans has increased by 25% to hit $26B in the first three quarters of 2024 — spelling potentially heightened difficulty in the near future. ‘They are kicking the can down the road,’ Ivan Cilik, a principal with accounting firm Baker Tilly’s financial services group, told the FT. ‘I think lenders are trying to work out the problems with these loans, but if rates don’t come down borrowers are not going to be able to make payments.'”
Insauga in Canada. “While the latest real estate numbers show sales activity increasing in October, overbidding activity remains low in the GTA. October saw many buyers get homes for below the asking price. Some 70 per cent of all homes that changed hands across the GTA in October sold for less than the seller’s asking price, according to Wahi’s report. Overall, 88 per cent of GTA neighbourhoods with at least five home sales in October were in underbidding territory last month. That’s roughly flat from September — when 86 per cent of neighbourhoods were underbid — but up seven percentage points compared to a year ago (81 per cent), the report states. The top five neighbourhoods for underbidding were once again concentrated in upscale neighbourhoods, including in Mississauga and Oakville, with price points between $2 million and upwards of $4 million. Eastlake has been among the most underbid neighbourhoods in 16 of the past 17 months. Eastlake’s regular presence on the list may have something to do with the type of homes for sale in the neighbourhood. Previous Wahi research suggests that a greater number of unique custom homes — which could be harder to price due to a lack of comparable properties — may lead to unintentionally inflated list prices.”
The Globe and Mail. “The federal foreign buyer ban has been operating since January, 2023, but foreign buying in British Columbia spiked in dollar value this year, according to new data analysis. Using property transfer tax data provided by the B.C. government, Simon Fraser University associate professor Andy Yan showed that residential purchases categorized as ‘foreign involvement transactions’ had a total dollar value of nearly $664-million from January to September, 2020. In that same period this year, 834 foreign involvement residential transactions added up to nearly $824-million. The dollar value of foreign residential transactions in 2023 was $744.5-million. The total number of foreign transactions, including commercial, increased from 1,018 in 2023 to 1,020 in 2024. Foreign purchases are transactions that involve at least one non-resident of Canada.”
“In the past, Canada exacerbated the issue when it had a long-standing immigration program that basically traded real estate investment for citizenship, he said. ‘What’s clear is that the foreign buyer ban was marketed as bullet-proof Kevlar, when in fact it’s more like cheese cloth,’ he said. ‘It shows you the complexity of the globalization of residential real estate in British Columbia. The debate should be what gets built, and for whom. Foreign buying could have a role, but what kind of role? We know that real estate in Canada may not always appreciate, but it’s a safe haven for people who are willing to pay for it.'”
ABC News in Australia. “A property owner could tell things were about to go terribly wrong with their GJ Gardner Homes Hobart build in early 2023, but it seemed like no one was listening. The agricultural drain — meant to move water away from the house – had not been installed at all, despite the slab already being poured. Then things got worse. When the drain was finally installed, it was at a lower level than the next drains in the system. The owner spotted a range of other problems with the external plumbing. Their fears were realised. Extensive wet patches started to emerge around the outside of the house, despite no rain, and the ensuite toilet started to back up before it was even used. Not only had the external drainage failed, the sewer pipe had been cracked during construction.”
“This is just one out of 19 house builds by GJ Gardner Hobart that CBOS was aware of that had increasingly poor works and long, unexplained delays. As the years passed, the different home owners across southern Tasmania were becoming increasingly exasperated: July 2022: ‘We have been practically begging … and he is giving us nothing back. We have literally had our own toilet waste coming back up and filling our sinks … we are so tired of fighting.’ September 2022: ‘Even if they do come back and fix the bricks like they have said they will, it will never look the way we want it to.’ July 2023: ‘I hadn’t realised how extensive the problems are, nor the extent of re-work that will be necessary … we are now at a loss as to what we can do.’ April 2024: ‘I am a single mum that has really battled to get into my dream home and this has all brought me to my knees.'”
“Remy Sedelaar’s GJ Gardner house construction in the Hobart suburb of Lenah Valley was beset with defects and delays. He was entitled to $150 per week as compensation, despite having to pay $550 a week in rent while he waited. But he was at least able to move into the house in 2021. ‘I’ve got posts underneath my house which have got no piers underneath them,’ he said. When GJ Gardner Hobart went into liquidation, he tried to find slab and frame certificates for his house. ‘They turned around and said to me that I didn’t have an occupancy permit,’ Mr Sedelaar said. ‘I was like, what do you mean I don’t have an occupancy?'”
“It turned out the building surveyor had revoked the occupancy permit four days after issuing it in 2021, because GJ Gardner Hobart had completed subfloor frame work that was contrary to the approved plans. The surveyor copied CBOS into the email — but nobody told Mr Sedelaar. ‘We’ve been living in the house now for three and a half years without occupancy, which means that our insurance is void … it’s a bit of a debacle to be honest,’ he said.”
“The collapse of GJ Gardner Hobart was not the end of the problems for some of its customers. About 30 houses were still being constructed, including for the Ekundayo family, who had earlier had their retaining wall collapse, along with extensive delays and cost blowouts. They were among those directed to the state government’s Financial Assistance Package for people affected by builder collapses. They received the maximum amount. ‘We received $200,000, and our losses at the moment are about $700,000,’ Akinola Ekundayo said. ‘We feel nobody has been held responsible.'”
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‘If this was 2017, the house would be sold by now’
This is why I keep working on that time machine out back Josh.
Steer clear of unscrupulous time machine vendors online.
https://www.youtube.com/watch?v=L3LHAlcrTRA
Opendoor also exceeded its expectations for home acquisitions, purchasing 3,503 properties, up 12% from the same period last year, despite ongoing challenges in the housing market. As of the end of the third quarter, Opendoor’s inventory included 6,288 homes, valued at $2.1 billion, down 4% from the previous quarter’
A mighty a$$ pounding.
Corporations and private equity scum need to be driven out of the residential housing market and banned from competing with legitimate homebuyers.
Imagine telling families 60 years ago that larger then you can imagine corporations would someday buy out huge swaths of neighborhoods and turn them into rentals. And in the process of doing that drive both rental and purchase prices up to nosebleed levels, driving homeownership out of the reach of most young couples and even making renting onerous. It would sound like the plot to a horror movie to them.
function_replace(then,than);
‘Some 70 per cent of all homes that changed hands across the GTA in October sold for less than the seller’s asking price, according to Wahi’s report. Overall, 88 per cent of GTA neighbourhoods with at least five home sales in October were in underbidding territory last month’
There’s a graphic at the link showing the igloo cluster craters, one was 260,000 K-dn pesos.
Ella Emhoff appears to be losing her mind over her stepmother’s loss to Donald Trump in the presidential election. Emhoff, 25, was photographed sobbing on the sidelines while Vice President Harris delivered her concession speech at Howard University on Wednesday.
Less than 24 hours later, the lefty activist daughter of second gentleman Doug Emhoff posted one of the unflattering images of her crying during the speech to her Instagram story, along with the caption, “Truly no words. We are all going to get through this. It just f–king hurts like a bitch right now and that’s ok.”
“Just please check in on your people right now,” she wrote to her 503,000 followers. “I’m here for all of you and I love you guys.”
Emhoff continued to whine Friday morning on her Substack series, “Soft Pins,” along with images of homemade crafts from Pinterest.
“Ooof…What. A. Week. I feel like we all need this extra this week,” she began the post. “I know we are all feeling a lot of emotions right now. That’s normal, and it would be weird if we weren’t. I know I’ve gone through about 10 cycles of sadness, rage, and stress – and that was just this morning.”
“I think it’s important to feel them all so they don’t fester inside. One way I always make myself feel better is by harnessing that anger and sadness into creativity. I know that’s not for everyone. It can be really hard to create when things feel so uncertain,” Emhoff wrote.
https://nypost.com/2024/11/09/us-news/ella-emhoff-seemingly-loses-her-mind-over-stepmom-kamala-harris-losing-presidency-to-trump/
Age 25 and has never worked a day in her life.
Seethe harder, snowflake.
She’s in the end of this tear fest:
When you let EVERYONE down
Sivaady
5 hours ago
https://www.youtube.com/watch?v=iFB0zSZ3kHA
5 minutes.
I know I’ve gone through about 10 cycles of sadness, rage, and stress – and that was just this morning.”
Cry it out if you must, sweetie, but Trump is still your president.
Well that’s a good question. What exactly is Ella’s background? College degree? Major? Any internships? Does she have any kind of job now, like with an NGO or a non-profit? She’s not giving off STEM vibes, that’s for sure.
TBH I don’t expect much from a 25-yo. When I was 25 I was still in grad school and working as a teaching assistant, so I guess that counts as a job.
“She’s not giving off STEM vibes, that’s for sure.”
Wouldn’t make it as a fluffer either.
I guess that counts as a job.
When I was 25 I had been married for 6 years, was a father and supporting my wife, working full time as a chainsaw jockey and finishing my engineering degree. Not to brag, but my path was not strewn with flower petals.
There seems to be this notion that all boomers were born on 3rd base.
If you didn’t get killed in the Tet Offensive then odds are first house was a 2br or 3br, 1ba stucco that cost less than 2x your income, your employer had a generous retirement plan and your wife was slender.
When I was 25, I had been married 5 years, was working as an electrician, had proudly welcomed my second son, owned my (our) own small (1200 ft2) house. Contributing to society, as it were.
‘A lot of people out here really got hit with homeowners insurance, it like doubled,’ she said.
Un-possible. Our official inflation stats say inflation has fallen to 2%.
The Miami DMA Metro area, which encompasses Miami-Fort Lauderdale-Pompano Beach, topped the list, with the median listing price dropping 12.4% in a year-over-year (YOY) basis.
But…but…muh generational wealth!
good thing everyone put 20% down, so they still got some wriggle room.
‘One buyer is younger and believes that if Trump wins, home prices will drop next year. The other buyer is older and believes that if Harris wins, the housing market will crash, so they want to wait,’ he says.”
Shack prices are going to crash to at least pre-scamdemic levels, because tapped-out debt donkeys who are seeing their standard of living destroyed by inflation can’t and won’t keep overpaying for shacks.
Are you looking forward to driving away from the confines of SoCal to enjoy Thanksgiving elsewhere?
This City Has the Worst Thanksgiving Traffic in the Country
Avoid these highways like the plague around Thanksgiving.
By Ben Mesirow
Published on Nov 8, 2024 at 4:13 PM
congested traffic on highway 101 in silver lake in los angeles for thanksgiving weekend travel
Mario Tama/Getty Images
A holiday vacation is a magical experience, whether you’re going back to your charming home town like a rom-com main character or escaping to a resort to decompress. But actually getting to that holiday vacation is an unavoidable nightmare, stressful and chaotic like a bad improv show. Airports are insane, travel essentials are sold out in stores, and there is so, so much traffic. Californians know this last bit most of all, and now we have the data to prove it: according to new research from The Vacationer, California highways have the worst Thanksgiving travel traffic in the country.
The Vacationer broke its data down into specific stretches of each highway, and believe it or not the 5 freeway in SoCal took both of the top spots—I-5 between LA and Orange County was the worst in the country, and I-5 in San Diego turns out to be just a little behind it. In fact, 11 of the 20 worst freeways for Thanksgiving travel are in California, and this part will shock you: they’re all heavily concentrated around LA. Those include the 405, the 60, the 101, the 10, the 210, the 91, the 110, and even the 57 makes the list. Pick a freeway around LA and you’re pretty much guaranteed it’s going to suck for Thanksgiving travel.
…
https://www.thrillist.com/travel/los-angeles/california-worst-thanksgiving-travel-traffic
Yale psychiatrist Amanda Calhoun, a medical doctor and mental health expert, advises MSNBC viewers to break off ties with family members who voted for Trump and refuse to see them on the holidays
https://x.com/kevinnbass/status/1855066395916067150
1:18.
I have seen the future, and the future is cats, boxed wine, and SSRI anti depressant meds.
mental health expert
The modern equivalent of blood leeches. It’s painfully obvious that they have no clue as to what they are doing. At best, they are someone you pay to be your friend. And friends can give very bad advice.
Your terms are acceptable.
If you get broke in 3 times before you even get moved in , you probably bought in a bad area, in ,or close to a ghetto of some sort …..Before you buy a house , drive by it a few times after dark to get a feel of the area ….one thing for sure ,your realtor won;t tell you ….Also check the nearby shops or gas stations ….If they have bars on the windows , etc. ,thats a bad sign for you ,too
If you get broke in 3 times before you even get moved in , you probably bought in a bad area, in ,or close to a ghetto of some sort …..Before you buy a house , drive by it a few times after dark to get a feel of the area ….one thing for sure ,your realtor won;t tell you ….Also check the nearby shops or gas stations ….If they have bars on the windows , etc. ,thats a bad sign for you ,too
[These people are stupid.]
Americans are feeling anxious — so they’re ‘doom spending’
https://www.cnn.com/2024/11/10/business/doom-spending-wellness/index.html
Kelsea Palm was feeling out of sorts as the presidential election was approaching. So, she did what many Americans do when they’re feeling anxious: She went shopping.
The Wheaton College senior and her friend hit shops in Massachusetts the weekend before Election Day, and while Palm prides herself on shopping responsibly, she wound up impulse-buying a purse to ease her stress.
“It was a new thing that made us feel like we had some sort of control over our lives. We can vote, but what else can we do? We can get a bag that’ll make us happy,” she told CNN.
Palm is among the increasing number of consumers who cope with feelings of anxiety by “doom spending.”
Doom spending, or the practice of spending money to soothe fears about broader issues like politics or the economy, shows up everywhere from YouTube and TikTok videos to Reddit to personal finance discussions and data in surveys.
Gen Z and millennial consumers are also more likely to say it is better to treat themselves now rather than hold off for a future “that feels like it could change at any moment,” according to an Axios Vibes survey in June conducted by The Harris Poll.
While this kind of catharsis might work to temporarily allay worries, experts say doom spending poses a danger to consumers’ long-term financial health.
“We’re not always rational when it comes to our emotions, when it comes to our money,” said Courtney Alev, consumer financial advocate at Credit Karma. “It’s really easy to bury our heads in the sand and look for those quick dopamine hits when we’re feeling anxious or stressed.”
Why are we doom spending?
Alev says a third of Americans across all generations have a hard time rationalizing saving money due to feelings of uncertainty about current and future affairs, and a persistent sense of economic pessimism is partly to blame.
The economy President-elect Donald Trump is set to inherit is strong on paper, with a low unemployment rate and a projected economic growth rate better than other G7 economies.
Inflation has largely been tamed, too. But a lower rate of inflation doesn’t mean everyone is feeling its effects – and it doesn’t mean prices have come down. Only 37% of Americans said they approved of the economy, according to a CNN poll published in February.
Frustration surrounding the economy also played a major role in Trump’s victory as voters repeatedly cited it as their top issue, with 54% saying they trusted Trump to handle it better than his opponent Vice President Kamala Harris, according to a Gallup survey published in October.
Grocery costs and housing prices — two cornerstones of most consumers’ budgets — also continue to remain high, which translate into a less-than-rosy perception of economy.
“Inflation is slowing down, but for many people, what they see on the shelf in the grocery store is their reality,” said Sertan Kabadayi, a marketing professor at Fordham University’s Gabelli School of Business. “Since those prices are higher than last year, they still think that the economy is not in good shape and that the economy is getting worse.”
That financial gloom is powering doom spending and, in turn, driving up credit card debt. An August survey by Bankrate showed that half of American cardholders carry credit card debt from month-to-month, spurred on by sky-high interest rates before the Federal Reserve cut rates in September and again this week.
And, in the third quarter this year, credit card delinquencies surpassed pre-pandemic levels for the first time, according to a report from the Federal Reserve Bank of Philadelphia.
Beyond the economy, experts say that internet habits play a significant role in driving doom spending, especially for younger consumers.
More than half of Americans say they feel like they are constantly receiving bad news online, and it’s affecting how they spend their money, Bankrate data shows.
“What you’re following and the messages that you are receiving online can make you feel worse, increase your anxiety, and make things feel more dire than they are,” said Aja Evans, a financial therapist and author of “Feel Good Finance.”
She says “information overload” from online media paired with influencer culture and product advertisements can make consumers feel more tempted to open their wallets.
“When you’re in the midst of scrolling, you might think: ‘You know what? Things are just really bad. I’m going to feel better if I purchase,’” Evans said.
How does the election factor in?
While the results of the election have already been decided, news about it hasn’t stopped.
“We expect a lot of young Americans to spend much of this next week online, scrolling social media, as they continue to digest election-focused content. Doing so could lead to even more charged feelings and drive further spending,” Alev said.
Political affiliation also plays a part in dictating how consumers are feeling about the economy. A recent study from the Brookings Institution found that economic sentiment tends to be positive for people whose political views align with the incumbent party.
Republican economic sentiment rose and Democratic economic sentiment fell when Trump first took office in 2017 and subsequently flipped during the Biden administration.
But Alev says that she anticipates a pop in spending whether Americans feel positively or negatively about the outcome of the election.
“Those who are upset with the results may spend to make themselves feel better, and those happy with the results may spend because it feels like a reward,” she said.
How do you curb doom spending?
Evans says the first step is self-awareness. Understanding your beliefs surrounding money and where they stem from can help you be more conscious of how you react to certain events and how they affect your spending habits.
[Question: Do people spend when they are happy?]
Answer: Yes, people spend money when they are happy, and how they spend it can impact their happiness levels:
Spending on experiences
People are generally happier with experiences than material items, whether they measure happiness before, during, or after the purchase. For example, people may experience a spike in happiness while planning a vacation, and again when they remember the experience.
Spending on others
People who spend money on others, or engage in “prosocial spending”, are generally happier. This can include buying gifts, donating to charity, treating a friend to lunch, or helping someone out in another way.
Spending on status
Spending on things that signal wealth and prosperity, like a big house or fancy car, can improve life satisfaction.
https://www.google.com/search?q=people+spend+when+they+are+happy&sca_esv=8c3b9fce3b8221a7&ei=SeYwZ_bQCrG7kPIPydrIuAM&ved=0ahUKEwi2mYivntKJAxWxHUQIHUktEjcQ4dUDCA8&uact=5&oq=people+spend+when+they+are+happy&gs_lp=Egxnd3Mtd2l6LXNlcnAiIHBlb3BsZSBzcGVuZCB3aGVuIHRoZXkgYXJlIGhhcHB5SNo-UOURWMshcAF4AZABAJgBP6AB8QGqAQE1uAEDyAEA-AEBmAIBoAIOwgIKEAAYsAMY1gQYR5gDAIgGAZAGCJIHATGgB-EB&sclient=gws-wiz-serp
[Another question: Do people spend when they are sad?]
Answer: Yes, people often spend money when they are sad:
Emotional spending
A LendingTree survey found that 69% of Americans say their emotions influence their spending, and 76% of those say it has led to overspending.
Brief high
Spending can provide a brief high, which may lead to overspending to feel better.
Self-focus
Sadness can trigger greater self-focus, which can lead to more spending.
Lack of motivation
When feeling low or depressed, people may lack the motivation to manage their finances.
https://www.google.com/search?q=people+spend+when+they+are+sad&sca_esv=8c3b9fce3b8221a7&ei=YuYwZ9zAGcfckPIP_dTkmQk&ved=0ahUKEwjc-Yy7ntKJAxVHLkQIHX0qOZMQ4dUDCA8&uact=5&oq=people+spend+when+they+are+sad&gs_lp=Egxnd3Mtd2l6LXNlcnAiHnBlb3BsZSBzcGVuZCB3aGVuIHRoZXkgYXJlIHNhZEjNIFCjCVisE3ABeACQAQCYAUOgAcQBqgEBNLgBA8gBAPgBAZgCAaACFMICChAAGLADGNYEGEeYAwCIBgGQBgiSBwExoAfpBw&sclient=gws-wiz-serp
[Another question: Do people spend when they are angry?]
Yes, people spend money when they are angry, and this is called emotional spending:
Emotional spending
When someone spends money due to emotions like anger, fear, or insecurity, rather than rational needs. This can lead to impulsive purchases, debt, and decreased mental health.
Hate spending
When someone spends money out of frustration, even when prices are rising. For example, someone might buy a box of cookies that costs more than usual instead of looking for a cheaper option.
Short-term feeling of control
Buying things can make people feel happier and more in control in the short term. However, the credit card bill at the end of the month can undo those positive feelings.
To control emotional spending, people can try to: Identify their triggers and Become aware of their feelings.
https://www.google.com/search?q=people+spend+when+they+are+angry&sca_esv=8c3b9fce3b8221a7&ei=w-cwZ4qJG5PckPIPnfuLuA8&ved=0ahUKEwjK9rfjn9KJAxUTLkQIHZ39AvcQ4dUDCA8&uact=5&oq=people+spend+when+they+are+angry&gs_lp=Egxnd3Mtd2l6LXNlcnAiIHBlb3BsZSBzcGVuZCB3aGVuIHRoZXkgYXJlIGFuZ3J5SKgsUIALWIEecAF4AZABAJgBYqAB-AKqAQE1uAEDyAEA-AEBmAIBoAIXwgIKEAAYsAMY1gQYR5gDAIgGAZAGCJIHATGgB-EB&sclient=gws-wiz-serp
[People are stupid.]
Funny, I don’t recall blowing a wad after Joetato stole the previous election, and I was VERY upset. What I did do was increase my savings rate, because I knew I might need it later to make ends meet
You’re not a woman. I at least give her credit for buying something relatively cheap, like a purse. I once talked to a woman who was laid off from her job and her first action was to doom spend on … a horse.
horse chicks are crazy crazy. Like way out there crazy
Inflation has largely been tamed, too. But a lower rate of inflation doesn’t mean everyone is feeling its effects
So what if the RATE is down. Prices aren’t going back down to where they were ever again. Rate change is meaningless.
This ^^^^^^^^^^^!!
The company has accumulated $3.61 billion in losses since its debut, including a staggering $1.35 billion loss in 2022, which prompted major cutbacks, including a slowdown in home purchases and the layoffs.
Die, speculator scum.
The value of loan ‘re-defaults’ on banks’ books in September was up 90% from a year prior, according to industry tracker BankRegData data reported by the Financial Times.
Is that a lot?
The Salt Mines Are Open (2024 Election Meltdowns)
I,Hypocrite
Nov 6, 2024
The salt must flow!
https://www.youtube.com/watch?v=uRakC_Xd_jI
10 minutes.
Yup, I seeing a lot of posts like “How could you possibly vote for a r@pist/insurrectionist/felon?” … “You just wait until your/your daughter’s pregnancy goes wrong and you’re denied an abtion” … “Tarriffs will BK us all” … “How did people vote downticket for Dems but DJT at the top”…
And the latest from BlueAnon: “Lots of those votes were tabulated using Starlink. Elon stole the election!”
I recommend people stay off X at until DJT is safely ensconced at the WH. Then we’ll have to deal with the next disease: VDS.
I’m still anxious about the House. They are STILL counting votes in California. Even the popular vote might be in danger. I’ll feel better when ALLL of the results are finalized.
Are you engaged in doom spending to quell your post-election anxiety?
Americans are feeling anxious — so they’re ‘doom spending’
By Erika Tulfo, CNN
Published 4:00 AM EST, Sun November 10, 2024
Yuki Iwamura/Bloomberg/Getty Images
Shoppers carry Macy’s bags outside the company’s flagship store in New York on Friday, September 13, 2024.
CNN —
Kelsea Palm was feeling out of sorts as the presidential election was approaching. So, she did what many Americans do when they’re feeling anxious: She went shopping.
The Wheaton College senior and her friend hit shops in Massachusetts the weekend before Election Day, and while Palm prides herself on shopping responsibly, she wound up impulse-buying a purse to ease her stress.
“It was a new thing that made us feel like we had some sort of control over our lives. We can vote, but what else can we do? We can get a bag that’ll make us happy,” she told CNN.
…
https://www.cnn.com/2024/11/10/business/doom-spending-wellness/index.html
Image file for your Sunday LOLZ — 15 Million Missing Edition:
https://coldfury.com/WRSA/WRSA-WP/wp-content/uploads/2024/11/57644f21a5f3b2d8.png
They forgot to pay Harry Potter to conjure them again in 2024
Chinese people who have suffered under CCP tyranny and malgovernance are delighted to see Trump trounce the CCP’s ideological fellow travelers in the Democrat Party. The popular outpouring of support for the outcome of the U.S. election does not bode well for Pooh Bear and the CCP, especially if the failing economy sparks social unrest.
https://www.youtube.com/watch?v=QRfRg1ovgm4
“‘One buyer is younger and believes that if Trump wins, home prices will drop next year. The other buyer is older and believes that if Harris wins, the housing market will crash, so they want to wait,’ he says.”
Here’s something the two-party duopoly food-fighters can agree on: Home prices are likely to CR8R before the housing market regains its long-term equilibrium rate of sales activity.
inally something partisan
The globalist scum media’s decades-long monopoly on news and information has been broken by X, and the garbage legacy media propagandists and their globalist owners are terrified.
https://x.com/Jessica_4_Trump/status/1855621245678538795
If you wonder why Democrats fight tooth and nail against voter ID laws, wonder no more.
https://x.com/amuse/status/1855371327613424126
“Several towns across Maine are considering rent control policies, and some are looking to Portland’s experience for insight. Portland landlords say the policy puts them under financial strain.”
Government price controls at any level on anything is unConstitutional, IMO. Price controls determine who are the winners and who are the losers, and constitute a taking by the government of private asset without compensation. I am sure someone can quote Constitutional chapter and verse, although governments at all levels ignore this document as they see fit. (see 1A and 2A legislation)
How about demanding zoning we build lots of average housing, 650 sq ft 1 bedroom 800 2 bedroom, nothing luxurieeee, You don’t need 1500 sq ft 2 bathrooms and 1 bedroom to live comfortably. Downsize your life downsize your costs…..simple easy , but so many people are madly in love with their stuff, from 30 years ago.
Do you plan to dump your conventional financial assets and load up on Bitcoin before the incoming administration ushers in a New Era of cryptocurrency deregulation?
Crypto World
Bitcoin hits $80,000 for the first time as crypto traders bask in Trump election victory
Published Sun, Nov 10 2024 9:11 AM EST
Updated 2 Hours Ago
Tanaya Macheel
Key Points
– Bitcoin hit $80,000 for the first time, as investors continued to digest the implications of a second term for President-elect Donald Trump.
– Bitcoin has been deemed a safe asset regardless of the outcome of the election.
– Ether and other coins, including payments coin XRP, have more to gain from a second Trump term.
…
https://www.cnbc.com/2024/11/10/crypto-market-today.html
Can anyone recall a time when cryptocurrency seemed less promising than it does today?
Yahoo Finance
Fortune
The historic crypto bubble: Bitcoin is now the fifth-biggest wipeout of all time, BofA says, with a shocking chart of the last 50 years in finance
Alena Botros
November 11, 2022 3 min read
The crypto industry is once again feeling the chill of winter.
Bitcoin is experiencing one of the biggest crashes in history—that’s apparent. But Bank of America Research’s Flow Show research note has crunched data and put it in historic terms: It’s the fifth-worst collapse of an asset in financial history, nearly as great in scale as the Mississippi & South Sea Co. History buffs would know that episode better as the South Sea Bubble, and it was so long ago—the early 1700s—that the United States did not yet exist and the U.K. was involved in the War of the Spanish Succession.
Bitcoin, which makes up 41% of the crypto market, hit lows unseen seen since the depths of the pandemic two years ago. And although it rallied after May’s Crypto Winter, a market downturn is back in full force with FTX’s implosion that’s led the crypto exchange to file for bankruptcy, and founder and CEO Sam Bankman-Fried to resign—a far cry from a few months ago when he was likened to J.P. Morgan for his attempted rescue missions of distressed firms.
BofA’s research, based on Bloomberg data, finds that Bitcoin’s fall is the fifth largest on record—and by far the biggest crash since the 1970s.
…
https://finance.yahoo.com/news/historic-crypto-bubble-bitcoin-now-191954304.html
Dutch tulip bulbs looked promising too, until they didn’t.
Deregulating BTC just cements its status as an asset. Remember that those million-dollar predictions were based on BTC becoming a currency that would supplant all other currencies when assigning value to actual assets. Otherwise BTC has no inherent value.
Why are the prices of homes dropping in The Villages?
Letters to the Editor
To the Editor:
I started a house search in The Villages, looking to downsize since I am only here half the year, moving from 5,000+ square feet to about half that. There are hundreds of houses available and most are showing recent deep drops in prices $20,000-30,000. That actually worries me. Why so many and why the drops? Many have been on the market for over six months or more. Is there something going on I don’t know about? Is there an exodus going on?
Lea Beckett
Tavares
https://www.villages-news.com/2024/11/06/why-are-the-prices-of-homes-dropping-in-the-villages/
moving from 5,000+ square feet to about half that.
They call that downsizing? No, real downsizing would be 5000 sq ft to 1000 sq ft. Or even less. You can fit a 2-bed condo into 700 sq ft.
I know we like to make fun of those senior citizens getting hit with condo assessments in FL, but at least they are living relatively frugally in a smaller dwelling.
California farmers enjoy pistachio boom, with much of it headed to China
Pistachios are growing fast in California, where farmers have been devoting more land to a crop seen as hardier and more drought-tolerant in a state prone to dramatic swings in precipitation. The crop generated nearly $3 billion last year in California and in the past decade the United States has surpassed Iran to become the world’s top exporter of the nut.
Pistachio farmers learn from almond farming struggles
Pistachios are poised to weather California’s dry spells better than its even bigger nut crop, almonds, which generated nearly $4 billion in the state last year, industry experts said.
Pistachio orchards can be sustained with minimal water during drought, unlike almonds and other more sensitive crops. The trees also rely on wind instead of bees for pollination and can produce nuts for decades longer, Yraceburu said.
Many California farmers who grow both nuts are applying lessons learned from almonds to the pistachio boom. Almond production, which is much bigger than pistachio, also soared in California, but prices fell amid a glut of post-pandemic supply while farmers grappled with drought and rising input costs, leading some to not replant aging orchards when it came time to take them out.
But over the next few years, pistachio acreage is expected to continue to grow in the state as trees planted in recent years come into production. That is in contrast to almond and walnut acreage, which are stabilizing or declining as orchards are being pulled out, said David Magaña, a senior analyst at Rabobank in Fresno, California.
“You see all the value the pistachio industry is providing to California agriculture is approaching that of almonds with a lot less acreage,” Magaña said. “I haven’t seen pistachio orchards being pulled out.”
https://finance.yahoo.com/news/california-farmers-enjoy-pistachio-boom-080012917.html
The push for colonial reparations amplified by King Charles in Samoa is driven by modern society’s unnecessary fetishisation of shame
During his recent trip to Samoa, King Charles amplified calls for Britain to reckon with its colonial past through reparations to former colonies.
Yet, as millions in the UK and across the Commonwealth struggle with surging living costs, housing insecurity, and severe cuts to essential services, this push seems, at best, misguided.
It asks today’s citizens—already buckling under financial strain—to fund symbolic gestures for actions committed by people long dead.
Far from “making things right,” this reparation agenda drains resources from urgent domestic issues, where funding could help address health sector shortages, the housing crisis, and the mounting struggles of those who can barely afford to keep the lights, put food on the table, or stay alive.
Over the past decade, violent crime rates have surged by more than a third, exceeding 1,200 incidents per 100,000 people.
Weapons offenses, rapes, public disorder, and particularly knife crime—which has skyrocketed by over 20 per cent in England and Wales—paint the grimmest of pictures.
The decline in police numbers only exacerbates these challenges.
Instead of funnelling funds into token gestures, money should be used to stop criminals from running riot.
https://www.skynews.com.au/insights-and-analysis/the-push-for-colonial-reparations-amplified-by-king-charles-in-samoa-is-driven-by-modern-societys-unnecessary-fetishisation-of-shame/news-story/0b873d00d85b5733adc3d2f34ee8dc1c
So how much are they going to give to India and all the former African colonies?
Biden repaid Pelosi for orchestrating the coup that removed him by endorsing Harris – who he knew was the worst possible Democrat candidate – 30 minutes after his removal, denying Pelosi & the DNC the opportunity to hold an open primary for their “selection, not election” to put forward a less inept and unpopular globalist stooge. It was the ultimate FU from Biden to the DNC, since Biden knew Trump would wipe the floor with Comrade Kamala.
https://nypost.com/2024/11/09/us-news/ex-obama-official-claims-bidens-internal-polling-had-trump-winning-400-electoral-votes-catastrophic-mistake/
denying Pelosi & the DNC the opportunity to hold an open primary for their “selection, not election” to put forward a less inept and unpopular globalist stooge
The ability to use Joe’s campaign funds had more to do with it than Joe.
There are some “rumors” (more likely it’s just suggestions) that Justice Sotomoyer step down from the Supreme Court right now. Then Biden and the Democratic Senate could replace her with a young liberal. They know that if she retires during DJT’s Presidency, he won’t hesitate to replace her with a hardcore conservative.
Something tells me Biden would never agree to such a thing. Also, there probably isn’t time for it anyway.
Something tells me Biden would never agree to such a thing.
Concur. Biden strikes me as vindictive. After Harris stabbed him in the back in Nancy Pelosi’s #OurDemocracy coup, he has no motivation to advance her career or go along with DNC schemes to install a radical-left justice.
IIUC you’ve got yer back stabbing wrong. When this was going down, AOC did a frantic live stream where she said ‘they want to replace the whole team’ meaning not only dump the senile corrupt pedophile, but Harris too. ‘They’ was obammie and those sleaze. Joe fooked them by standing down then endorsing Harris before they could stage a quick primary. Apparently Harris went along and shut out obammie. It was obammies back that got stabbed by both.
I want to say this: there were court cases filed to block Harris. DNC lawyers said this is a corporation and they can do what they want. The judge agreed. This is not a democracy if one of the two parties can just pick a candidate any damn way they please. And in 2015, both parties eventually said the party picks the candidate, not the voters. Then Trump broke it all up.
Biden strikes me as vindictive.
And I don’t blame him. H3ll, if it were me, I would be Pi$$ed and go after some people. I would probably not be as subtle as Joe/Jill have been.
What, 50 years as a Member in good standing with the party and they shove you out the door?
To be honest, Joe has an important job that requires adult understanding about ability and performance. He should have not been seeking another term.
Hi Oxide,
Replace Bozomayor with a “Hardcore conservative”. You mean like Amy Coney Barrett? /sarc
–Geezer
ACB was a realistic replacement for RBG.
Tucker Carlson angrily accuses Senate Republicans of plotting ‘coup’ against Trump
Former Fox News host and Trump ally Tucker Carlson claimed Senate Republicans are staging “a coup” against Donald Trump as three Senators vie to replace Mitch McConnell.
Republicans reclaimed control of the Senate on Tuesday night, leaving the door open for someone to replace McConnell, the chamber’s longest-serving party leader, who plans to step down at year’s end.
At least three Republicans are vying for the top spot — John Cornyn of Texas, Rick Scott of Florida, and John Thune of South Dakota who serves as the Senate minority whip — NBC News reported, and Carlson took issue with two of them.
“What the hell is going on in the US Senate?” Carlson posted on X on Saturday afternoon. After Trump won, “Mitch McConnell engineers a coup against his agenda by calling early leadership elections in the Senate. Two of the three candidates hate Trump and what he ran on.”
The former Fox host took particular issue with Cornyn, whom he summarized as “an angry liberal whose politics are indistinguishable from Liz Cheney’s.”
The election will take place on Wednesday, November 13. “It will determine whether or not the new administration succeeds,” Carlson wrote. “Rick Scott of Florida is the only candidate who agrees with Donald Trump. Call your senator and demand a public endorsement of Rick Scott. Don’t let McConnell get away with it again.”
Earlier on Saturday, Scott outlined that he was running for the leadership position to “upend the status quo & make sure President Trump’s agenda gets done.”
Senators Ron Johnson, Rand Paul and Bill Hagerty also announced Saturday that they would back the Florida Senator in the race.
Back in February, after McConnell announced he would be stepping down at the end of the year, Donald Trump Jr also labeled Thune and Cornyn as “RINOs,” or Republicans in name only.
The president-elect’s son wrote: “Both of them also voted to send billions more to Ukraine. MAGA must do everything in our power to stop either of these two RINOs from ever becoming Senate Leader!”
Trump also previously slammed Cornyn after he successfully negotiated bipartisan gun safety legislation, claiming the Texas Senator facilitated “the first step in the movement to TAKE YOUR GUNS AWAY.”
https://www.msn.com/en-gb/news/world/tucker-carlson-angrily-accuses-senate-republicans-of-plotting-coup-against-trump/ar-AA1tNYMk
How Harris Lost the Working Class
For liberals, Donald Trump’s victory this week prompts adjectives like “scary,” “terrifying,” “depressing,” and “demoralizing.” But one word it should not evoke is this: “surprising.” In a downwardly mobile country, Democrats’ rejection of working-class politics — and the party’s open hostility to populist politicians in its midst — was always going to end up creating prime political conditions for a conservative strongman promising to make America great again.
Trump and his cronies spun tales of overbearing bureaucrats, DEI warriors, and migrant gangs to weave a narrative that the government of elites is so out of touch — or focused on identity politics — that it doesn’t care about the affordability crisis ruining everyone’s day-to-day lives. Democrats countered by trotting out Hollywood stars, the Cheneys, and billionaire Mark Cuban to tell a story of an assault on establishment norms that is imperiling brunch and jeopardizing a West Wing reboot.
Shocker: the working class responded by giving Trump a decisive popular vote victory.
https://www.msn.com/en-us/news/politics/how-harris-lost-the-working-class/ar-AA1tNmZF
Trump was a middle finger in the face of the Big Club. The next step is to identify and vote out every RINO and neocon who serves The Cabal instead of the forgotten voters back home.
I have the pleasure of saying that we elected Lauren Boebert to congress in CO’s 4th district, which she won handily. She replaced RINO Ken Buck, who resigned mid term.
The El Paso County Establishment GOP are all RINOs who are in the pockets of the local developers. Another worthless bunch that represents only wealthy Boomers.
Are you referring to those evil and selfish BOOMERS again!
Agree – I am still waiting to hear which 34 counties were affected by the password leak? El Paso County only won Trump’s vote by 30K. That seems really low for our county. Also, why is that the Libertarians are the only ones suing the SOS?
“…vote out every RINO…”
Congressman Dan Newhouse in Washington State.
spun tales of overbearing bureaucrats, DEI warriors, and migrant gangs
Spun tales? As if somehow this wasn’t happening? Hey man, I saw those cats on the grill.
Trump’s gains with Latinos could reshape American politics. Democrats are struggling to respond
From Pennsylvania to Florida to Texas, areas with high numbers of Hispanics often had little in common on Election Day other than backing Republican Donald Trump over Democrat Kamala Harris for president.
Trump, the president-elect, made inroads in heavily Puerto Rican areas of eastern Pennsylvania where the vice president spent the last full day of her campaign. Trump turned South Texas’ Rio Grande Valley, a decadeslong Democratic stronghold populated both by newer immigrants and Tejanos who trace their roots in the state for several generations.
He also improved his standing with Hispanic voters along Florida’s Interstate 4 corridor linking the Tampa Bay area — home to people of Cuban, Venezuelan, Nicaraguan, Colombian and Puerto Rican origin — with Orlando, where Puerto Ricans make up about 43% of the local Hispanic population. Trump was the first Republican since 1988 to win Miami-Dade County, home to a sizable Cuban population and the country’s metropolitan area with the highest share of immigrants.
“Trump, he’s a very confounding figure,” said Abel Prado, a Democratic operative and pollster who serves as executive director of the advocacy group Cambio Texas. “We have no idea how to organize against him. We have no idea how to respond. We have no idea how to not take the bait.”
Ultimately, concerns about immigration did not resonate as much as pocketbook issues with many Hispanics.
About 7 in 10 Hispanic voters were “very concerned” about the cost of food and groceries, slightly more than about two-thirds of voters overall, according to AP VoteCast, a survey of more than 120,000 voters nationwide. Nearly two-thirds of Hispanic voters said that they were “very concerned” about their housing costs, compared with about half of voters overall.
“When they looked at both candidates, they saw who could improve our economy and the quality of life,” said Marcela Diaz-Myers, a Colombian immigrant who headed a Hispanic outreach task force for the Pennsylvania Republican Party. “Did he sometimes offend? Yes. But that happens in political campaigns. Many of the people who voted for President Trump were able to get past this and trust that he will move the country in the right direction.”
But Trump nonetheless gained ground in some of the areas with the highest concentration of Puerto Ricans in Pennsylvania, the state where Harris spent more time campaigning than any other. He won the counties of Berks, Monroe and Luzerne — and lost Lehigh County by fewer than 5,000 votes against Harris. Biden had carried it by nearly three times that margin in 2020.
Trump’s victory was even wider in Florida, where nearly one-quarter of residents are Hispanic. He won the state by 13 percentage points — or about four times his 2020 margin.
Trump also flipped the central Florida counties of Seminole and Osceola, where many Venezuelans have immigrated as their home country becomes increasingly unstable, and narrowed Democrats’ advantage in Orange County, which is also heavily Venezuelan.
Farther south, Trump won Miami-Dade County with an 11-percentage point advantage after losing it by 7 percentage points to Biden and by 30 percentage points to Democrat Hillary Clinton in 2016.
Kevin Marino Cabrera, a Miami-Dade County commissioner who was state director for Trump’s 2020 campaign, said Hispanics rejected the “woke ideology.” Trump has made his opposition to transgender rights central to his campaign.
“To be clear, Hispanic voters are not buying what Democrats are selling,” Cabrera said.
The same was true in South Texas, where Hispanics are largely of Mexican descent.
Prado, the Democratic operative and pollster, lives in Hidalgo County, which is 92% Hispanic and the most populous part of the Rio Grande Valley. Trump carried it after losing by more than 40 percentage points in 2016. Trump swept all the major counties along the Texas-Mexico border.
Prado said many Hispanics in the Rio Grande Valley, particularly devoutly religious ones, were alienated by national Democrats’ focus on reproductive and transgender rights, with the latter becoming a key political weapon for Republicans.
“This nonsense about you’re going to send your son to school and he’s gonna come back a girl,” he said. “Our side scoffed because we said, ‘No one’s going to believe that.’ But, no, it struck a chord.”
Daniel Alegre, CEO of TelevisaUnivision, which owns the Spanish-language television Univision, along with other television and radio properties, said Trump’s gain among Hispanics was less about party than issues and that Hispanics were most concerned about the economy and immigration.
Alegre, whose network hosted town halls in October with both Trump and Harris, also noted that there’s a growing feeling among Hispanic citizens that new immigrants were getting more government services than were available when immigrants who have been here longer arrived in the United States — and that the Trump campaign tapped into resentment around that issue.
“The most important thing either party can do is keep their ears to the ground and stay connected to the community,” he said, and in this case, the Trump campaign clearly accomplished that.
https://www.msn.com/en-gb/news/us/trump-made-gains-in-heavily-hispanic-areas-all-over-the-map-heres-how-he-did-it/ar-AA1tNdzB
The globalists and their Democrat-Bolshevik minions have a pathological hatred of Catholicism and the nuclear family, which is anathema to millions of family-oriented Latinos. The GOP needs to drive this message home at every opportunity.
Also, a lot of Hispanics are fundyvangelicals.
‘Prado, the Democratic operative and pollster, lives in Hidalgo County, which is 92% Hispanic and the most populous part of the Rio Grande Valley. Trump carried it after losing by more than 40 percentage points in 2016. Trump swept all the major counties along the Texas-Mexico border’
This is a ‘pigs do fly’ moment for me. But it shows how these things take decades sometimes. This is as a political earthquake on a small level IMO. It’s going to change the dynamic in Austin too.
Gee, almost as if those Hispanics weren’t acting Hispanic and were actually acting American.
I’ve been saying for years Mexican Americans generally don’t support illegal immigration. Consider that a white Republican who is pledging at every rally to have mass deportations just flipped the Rio Grande Valley and Miami-Dade counties in one day. The myth of Hispanics supporting illegal immigration is dead and buried.
You’re not wrong, the ones I work with feel it is unfair as they waited years in line to come here and others get to jump the queue
President-elect Trump was on track to win 400 electoral votes in a head-to-head race against President Biden, according to the White House’s own internal polls.
The news was revealed by Jon Favreau, a one-time speechwriter for former President Obama who now hosts the liberal Pod Save America podcast.
“Then we find out when the Biden campaign becomes the Harris campaign, that the Biden campaign’s own internal polling at the time when they were telling us he was the strongest candidate, showed that Donald Trump was going to win 400 electoral votes,” Favreau said.
“Joe Biden’s decision to run for president again was a catastrophic mistake,” Favreau added. “They refused to acknowledge until very late, that anyone could be upset about inflation. And they just kept telling us that his presidency was historic and it was the greatest economy ever.”
Favreau accused Team Biden of “shivving” Vice President Harris and telling reporters quietly that she could not win.
“I’m done being generous,” Favreau said, echoing a long line of Obama alum who have always disdained Biden and his inner circle.
Former Obama campaign guru David Axelrod has routinely been one of Biden’s harshest critics on cable news and raised issues about his age long before the disastrous July debate.
Once hailed by his party after forcing him out of the race, many Democrats have now turned on the former President, blaming him for Harris’ decisive blowout at the polls on election day. Pelosi, who called Biden a “great president” when she helped force him out, now says he should have gotten out the race earlier.
https://nypost.com/2024/11/09/us-news/ex-obama-official-claims-bidens-internal-polling-had-trump-winning-400-electoral-votes-catastrophic-mistake/
Democrats’ working-class exodus sets off reckoning within party
Demoralized Democrats are soul-searching and blaming each other after President-elect Donald Trump’s resounding election victory exposed erosion among working-class support for Democrats that poses a potential long-term crisis for the party.
Democrats − who have long prided themselves as the party for the little guy − instead strengthened their emerging base of financially secure college graduates this election while a growing number of blue-collar voters embraced Trump and Republicans.
Especially alarming for Democrats this election: The exodus of working-class voters from the Democratic Party included not just white voters, but helped Trump make gains with Latino and Black men.
Reflecting a widening educational divide, voters with college degrees backed Democratic nominee Kamala Harris 55%-42% in this week’s election while Trump won non-college-educated voters − who made up more than half the electorate − 56-42%, according to exit polls. Four years ago, Trump won 50% of voters without college degrees to President Joe Biden’s 48%.
What’s more, Trump won 50%-46% among voters whose income is less than $100,000, a staggering turnaround from Biden’s 56%-43% advantage with this group in 2020. Meanwhile, Harris won voters who earn $100,000 or more 51%-46% over Trump, who in 2020 topped this more affluent group of voters 54%-42% over Biden.
The realignment crystalized a political reality that’s tough for Democrats to swallow: With blue-collar voters flocking away from their party over multiple election cycles, Democrats’ refashioned base is becoming more upper-class, urban/suburban and coastal. It’s a narrowed coalition that does not bode well for future elections.
“It should be the top and only concern of every Democrat in Congress and around the country for the next two years and beyond,” U.S. Rep. Ro Khanna, D-Calif., told USA TODAY. “It showed that the campaign was a failure. We have to prioritize the economic needs and hardships of most working-class families. We failed to make them seem heard and seen in their frustrations with the economic and political system.”
“Democrats have a fundamental problem on their economic brand, and I don’t think it can be dealt with by just offering a couple popular proposals or even the best message or ad test,” said Celinda Lake, a Democratic pollster. “I think we have to step back and really develop an economic narrative that communicates that we’re in touch with people’s lives and that offers real help for working class people.”
Lake said about 60% of voters don’t believe Democrats have an economic plan, while those who do recognize a plan believe it favors college-goers. She pointed to Biden’s efforts to forgive college student loan debt as an example. She said Americans have more clarity with Trump’s brand of conservative populism: tax breaks, “America first” policies like higher tariffs, and less federal regulation.
“Trump beat us with populist economics,” Lake said, adding that Democrats’ struggles with the working class are years in the making. “It’s not just one loss. This has been building, and I think this is a call to action to get an economic brand that includes working people.”
https://news.yahoo.com/news/democrats-working-class-exodus-sets-100802707.html
Price controls determine who are the winners and who are the losers, and constitute a taking by the government of private asset without compensation. I am sure someone can quote Constitutional chapter and verse.
5th Amendment. Rent controls have long been upheld as constitutional by the Supreme Court, though there is a glimmer of hope that that may change soon.
https://www.hoover.org/research/rent-control-hits-supreme-court
https://reason.com/2024/02/20/after-supreme-court-denies-cases-clarence-thomas-offers-hope-to-rent-control-critics/
[This was meant to be a reply to Hi-Z’s post above.]
Intead of rent control, there should be rent subsidies… but to people with jobs where a subsidy is necessary. You work at the dry cleaners or the deli or you drive a bus in the city? OK, we’ll partially pay for your apartment. But we are going to check your tax records every 6 months to make sure you’re still employed. No jobbie, no munny.
Then the landlords get their market rent, and those with real jobs get help. I know, it’s gov spending, but there are worse things to spend gov money on.
I stand with unattractive libtard females who are masking up to show us their TDS. I also urge them to be fully vaxxed and boosted so we can flatten the curve.
https://x.com/EndWokeness/status/1855616067948675546
I saw this on VoxDay’s website a few days ago:
Voters worldwide are angry about higher prices and keep punishing those in power
From London to Tokyo, Seoul to Cape Town, 2024 has been a year of sharp election swings. Now you can add Washington D.C. to the list.
Donald Trump soundly beat Democrat VP Kamala Harris in the US election, faring better than in 2020 in virtually every part of the country and with nearly all demographic groups. The near-universal shift away from Democrats echoes voters’ rejection of incumbent political parties across the world this year.
But from a global perspective, it’s little surprise she lost given how many incumbent governments on both the right and the left have received a drubbing this year. Here are just a few of them:
-Britain’s Labour Party ousted the Conservative Party, or Tories, this summer.
-France’s National Rally party secured more seats in the country’s assembly than in 2022.
-Japan’s Liberal Democratic Party ceded its parliamentary majority this fall.
-Indian Prime Minister Narendra Modi lost his majority against expectations, forcing him to form a coalition government.
-South Korea’s Democrat Party snagged a majority in the country’s legislature.
-South Africa’s African National Congress (ANC) party lost its majority.
Inflation has been a key driver of the voter backlash. Prices of food, fuel, housing, and other essentials took off during the pandemic as governments spent heavily and lockdowns snarled global supply chains. In the US, inflation hit a 40-year high of more than 9% in early 2022 and was still above the Federal Reserve’s 2% target this September.
“Trump’s victory is the most powerful example this year of a political and economic environment that has been brutal for incumbents around the world and brought home the fact that inflation is political kryptonite,” Tina Fordham, an independent strategist and advisor, said in a LinkedIn post this week.
https://www.msn.com/en-us/news/world/voters-worldwide-are-angry-about-higher-prices-and-keep-punishing-those-in-power/ar-AA1tMFoS
‘inflation is political kryptonite’
You gave the Orange Man the White House Jerry.
Voters worldwide are angry about higher prices and keep punishing those in power
Which is good, but I also hope that they are willing to give up their free cheese which has been financed with deficit spending, often funded by the printing press of their central banks. One thing I tire of hearing from the overseas relatives is how so many things are either “free” or heavily subsidized where they live.
For instance, housing. I was on a bus tour of Vienna, and the tour guide bragged about how little she paid to rent her government owned flat. I’m sure these days she’s bitching about inflation.
are willing to give up their free cheese which has been financed with deficit spending,
I wish that too, but I don’t think it will happen. Double Medicare payments of 65+ ain’t gonna be allowed to happen nor is cutting welfare in a meaningful way.
$2T deficits to continue, until they can’t.
“You gave the Orange Man the White House Jerry.”
Could we extend credit to all the top US economists who endorsed flooding the financial markets with printing press money at a point when pandemic restrictions shut down production?
It’s hard to come up with a better recipe for inflation.
Obama’s biographer reveals ex-president fears for his legacy after ‘tone-deaf preaching’ harmed Harris campaign
Barack Obama and his wife Michelle have been slammed by his biographer for ‘talking down’ to voters in ‘tone-deaf and clueless’ preaching that harmed Kamala Harris’ ill-fated presidential campaign.
The effect was so bad that – combined with Donald Trump’s victory – it is likely to reduce the 44th president’s political relevance to ‘Bill Clinton levels’, David Garrow said in an exclusive interview with DailyMail.com.
‘People do not want to be talked down to, no matter who they are,’ the 71-year-old Pulitzer Prize winner said.
‘I thought it was tone-deaf and clueless for them to preach as they did,’ he told DailyMail.com.
‘I would expect that perception will be shared by lots of people. If so, I think it reduces their relevance to Bill Clinton territory.’
https://www.dailymail.co.uk/news/article-14060451/obama-biographer-legacy-fear-tone-deaf-kamala-harris.html
While wearing high waisted mom jeans.
My sentiments exactly.
https://x.com/ClownWorld_/status/1855382752839061694
Ottawa faces uphill battle to get support for asylum seeker centre
Rooms are packed with dozens of bunkbeds, and newcomers share a handful of showers. When beds are full, they lie down on bleachers or on the floors of arenas. Some take refuge in downtown emergency shelters already so overcrowded that the only available place to sleep is in chairs set up in the lobby.
When a large, tent-like structure was first discussed, it was described as emergency shelter space. Some politicians have since used the choice of construction materials as a way to argue against the plan while also supporting the idea of welcoming migrants.
Two Barrhaven councillors tried but failed to make the city consider a more permanent, mass timber construction — one which staff argue could cost more, take longer and introduce complicated logistical issues.
The cavernous structure will have a customized interior, with walls to provide both living space and room for all of the 24-hour supports that city staff are planning — everything from providing meals and trauma services to offering assistance in finding a job or permanent home.
Hundreds of people gathered Saturday morning at the parking lot that could eventually house the centre, where they waved posters emblazoned with messages like “Say no to hidden agendas” and “Kanata deserves transparency.”
Jinhui Liu immigrated to Canada from China 25 years ago and said while she sympathized with migrants, she also feels forgotten and disrespected.
That’s quickly bred another emotion, she said.
“When people are angry, what happens? Anger. Hatred. It will spread in this neighbourhood and we will fight,” said Liu, adding that she understands people will label them as racist.
Liu and several others noted their own personal struggles to access health services, worrying that more people competing for those scant resources will make a bad situation worse.
Longtime Kanata resident David Downing said he worries about “undocumented foreigners” arriving in Canada without background checks. “Unknowns are uncertainty, and uncertainty potentially leads to issues with safety and security,” he said.
https://www.cbc.ca/news/canada/ottawa/ottawa-faces-uphill-battle-to-get-support-for-asylum-seeker-centre-1.7379516
Forcing people into drug treatment is on the political agenda. Here’s what the evidence says
As the toxic drug crisis continues to claim thousands of lives each year — fuelling perceptions that existing measures are failing — the notion of involuntary treatment is gaining political traction.
Across Canada, there’s a growing number of political leaders proposing to force people into treatment for drug addiction, even though a recent research review found inconclusive evidence about whether it’s effective.
Others think involuntary treatment needs to be one of the available options, given the urgency of the crisis. More than 47,000 Canadians have died from toxic opioids since 2016, according to the latest federal figures published in September.
Keith Humphreys, a professor of psychiatry at Stanford University in Palo Alto, Calif., who chaired Alberta’s expert advisory panel on addiction recovery, believes involuntary treatment needs to be part of the arsenal of responding to the drug crisis.
“We have to be realistic about the fact that addiction is a chronic disorder,” said Humphreys in an interview.
“When we talk [about] forcing people into treatment, we should remember there aren’t really many people who would be just spontaneously waking up in a tent and saying, ‘I don’t want ever to use fentanyl ever again.'”
https://www.cbc.ca/news/health/involuntary-addiction-treatment-research-evidence-1.7377257
Kamala Harris touting her endorsement by the neocon warmonger & RINO turncoat Liz Cheney was an epic “own goal.” Who in the Harris camp thought cozying up to this vile Deep State hag would appeal to Republican base voters who detest her?
https://newrepublic.com/feeds/168326/breaking-news
The View thought Liz would be a great AG!
I hope Trump makes her answer for her role in the J6 show trials and the railroading of mostly non-violent protesters who took an unguided tour of the Capitol Building.
Agreed.
After Trump’s win, some women are considering the 4B movement
In the hours and days since it became clear that Donald Trump would be re-elected president of the United States, there’s been a surge of interest in the U.S. for 4B.
Young liberal women across TikTok and Instagram are discussing and sharing information about the South Korean feminist movement, in which straight women refuse to marry, have children, date or have sex with men.
“We have pandered and begged for men’s safety and done all the things that we were supposed to, and they still hate us,” Ashli Pollard, a 36-year-old in St. Louis, told CNN. “So if you’re going to hate us, then we’re going to do what we want.”
The 4B movement emerged in South Korea around 2015 or 2016, per Ju Hui Judy Han, an assistant professor in gender studies at the University of California, Los Angeles. In Han’s view, the 4B movement is unlikely to become mainstream in the U.S.
She says it relies too heavily on the gender binary and that those inspired to join it as a result of the election are overlooking the fact that plenty of women voted for Trump, too. (Though Vice-President Kamala Harris maintained an edge with women, exit polls indicate that her lead was smaller than President Joe Biden’s or former Secretary of State Hillary Clinton’s during their respective presidential campaigns.)
https://www.ctvnews.ca/world/after-trump-s-win-some-women-are-considering-the-4b-movement-1.7104684
So women are women now? All women are women, or just some of them?
So confused…
Little wonder South Korea is swirling the demographic toilet.
But all those 4B women are being strong, free, liberated, and equal!
Meantime, all the men (by men I mean the real, testosterone enabled types) wholeheartedly wish these women? would just shut up and go away. Quit the loud mouthed preaching.
The most promising development about Trump’s electoral victory, IMO, is JD Vance and Elon Musk coming around to Ron Paul’s view on the Fed. The “cost of living crisis” that caused such a popular repudiation of Comrade Kamala and the Democrats is due almost 100% to the Fed’s deranged money printing and easy money policies that turned shelter into a speculative asset bubble. Until this criminal private banking cartel gets kicked to the curb, We the People are going to keep seeing our purchasing power & standard of living destroyed.
https://www.youtube.com/watch?v=8zY1CFIhLh4
Americans who think about fleeing to Canada would still have a hard time finding housing.
April 17, 2024
I have a lot of friends who say, “If Trump gets elected again, I’m moving to Canada and buying a home there!” Um, sorry kids, but unless you’re a Canadian citizen, you cannot purchase residential property as of January 2023.
Well, so how does one become a Canadian? Marriage to a Canadian citizen does not give you citizenship, you must first apply for and get permanent resident status. Then you must apply for Canadian citizenship and meet the same requirements as any other person seeking Canadian citizenship.
To become a citizen, you must: be a permanent resident; have lived in Canada for three out of the last five years; have filed taxes in Canada; prove your language skills; pass a citizenship test and then take the oath of citizenship. If you committed a crime in our outside of Canada, have been in prison or on parole or probation, you may not be eligible to become a citizen for a period of time, either!
How is that different from becoming a U.S. citizen? Generally, people born here are considered U.S. citizens but there are similar steps for a foreigner to be granted citizenship here in this country.
Utah has a major housing problem, with low inventory and very little affordable inventory. Canada has the same problems, so much so that the initial ban on foreigners buying property in Canada was extended for two years until January 2027. Their Deputy Prime Minister and Minister of Finance stated this past February, “For years, foreign money has been coming into Canada to buy up residential real estate, increasing housing affordability concerns in cities across the county, and particularly in major urban areas. By extending the foreign buyer ban, we will ensure houses are used as homes for Canadian families to live in and do not become a speculative financial asset class. The government is intent on using all possible tools to make housing more affordable for Canadians across the country.”
https://www.cityweekly.net/UrbanLiving/archives/2024/04/17/americans-who-think-about-fleeing-to-canada-would-still-have-a-hard-time-finding-housing
The most schadenfreude-inducing aspect of Comrade Kamala’s shellacking is knowing her financial backers – the most vile people on the planet – are out $1 billion with nothing to show for it. For supposedly smart successful people, they were utterly clueless if they thought this far-left cackling moron had a snowball’s chance against Trump.
Lindy Li, who sits on the Democratic National Committee finance committee, raked Vice President Kamala Harris’ campaign over the coals, branding it a “$1 billion disaster” and called for accountability after President-elect Donald Trump’s victory,
Li at one point dropped an f-bomb during her television hit while venting that President Biden’s late-stage decision to drop out was a “f— you” to Democrat. She contended that she and others had been misled about Harris’ chances in the election.
“The truth is this is just an end epic disaster, this is a $1 billion disaster,” Li bluntly told “Fox & Friends Weekend” on Saturday.
https://nypost.com/2024/11/10/us-news/dnc-official-lindy-li-blasts-harris-campaign-as-a-1-billion-disaster/
I still think a lot of that $1B was either embezzled or simply wasted. Leftists are grifters, plain and simple.
Pantsuit Kamala will get to the bottom on it.
The betrayed, slack-jawed dementia patient having the last laugh at the expense of Comrade Pelosi & the DNC is one of the most popcorn-worthy episodes in the epic implosion of the shambolic Harris campaign.
https://x.com/BreannaMorello/status/1855656032498049451
They’re leaving the country after Trump’s victory
5 hours ago
https://www.bitchute.com/video/Rll56tVZB6pe
28 seconds.
Not even in office yet, and already #Winning. Buh-bye, parasites & degenerates.
The graphical depiction of the 2020 election steal.
https://x.com/_Mastercord_/status/1855659049699721705
Prolly nothing to be concerned about.
https://wallstreetonparade.com/2024/10/new-york-fed-report-27-percent-of-bank-capital-is-extend-and-pretend-commercial-real-estate-loans/
Global Leaders React To Trump Win By CALLING FOR PEACE! (Live Rumble Time Show)
The Jimmy Dore Show
2 hours ago
https://www.youtube.com/watch?v=g262RL3bNw0
10 minutes.
Trump BANS Nikki Haley, Mike Pompeo from White House in Humiliating Public Post: ‘No Neocons!’
1 hour ago
https://www.youtube.com/watch?v=2lFEN6mwFqc
14 minutes.
Clutch those pearls harder.
RFK Jr.’s new bully pulpit sends public health shock waves (11/10/2024):
“
Oops, quote and link:
“FDA’s war on public health is about to end,” Kennedy wrote on social media shortly before the election, referring to the Food and Drug Administration (FDA).
“This includes its aggressive suppression of psychedelics, peptides, stem cells, raw milk, hyperbaric therapies, chelating compounds, ivermectin, hydroxychloroquine, vitamins, clean foods, sunshine, exercise, nutraceuticals and anything else that advances human health and can’t be patented by Pharma. If you work for the FDA and are part of this corrupt system, I have two messages for you: 1. Preserve your records, and 2. Pack your bags.”
Even if Kennedy himself isn’t actively involved in making vaccine policy, his presence as a key insider can shape public perception. And he would have a bully pulpit to continue questioning vaccine science.
“I think the biggest risk of [Kennedy] is his mouth. You know, creating distrust or confusion with the [vaccine approval] process,” said Georges Benjamin, executive director of the American Public Health Association. “Vaccines have been such a controversial area, and there’s so many groups that he’s worked with over the years that have spread misinformation. I suspect if he says something that’s controversial, those groups will be poised to accelerate it, make it go viral.”
https://thehill.com/policy/healthcare/4981959-trump-robert-kennedy-health-agencies/
Covid vaccines are poison. The US is one of only two countries that allows big pharma to advertise on TeeVee.
And regarding food, has it ever occurred to you that 90+ percent of the “food” for sale in an American grocery store are products that didn’t exist a century ago.
It’s all poison.
Related image file:
https://ibb.co/0DmmXr8
That thing on the left, its name is Richard, and for some reason, it really really wants your children.
“…that 90+ percent of the “food” for sale in an American grocery store are products that didn’t exist a century ago….”
Some much is basically [high profit] synthetic garbage.
President-elect Trump’s promise to let Robert F. Kennedy Jr. “go wild” on health is demoralizing public health experts, who worry he could meddle with key government agencies, amplify vaccine hesitancy and direct agency funding to favor his preferred views.
Those include removing fluoride from public water, promoting a wide variety of unorthodox and unproven treatments and pushing a deep skepticism of pharmaceutical companies and the agencies overseeing them.
But with Trump’s victory, Kennedy could soon be in charge of those same agencies.
“FDA’s war on public health is about to end,” Kennedy wrote on social media shortly before the election, referring to the Food and Drug Administration (FDA).
“This includes its aggressive suppression of psychedelics, peptides, stem cells, raw milk, hyperbaric therapies, chelating compounds, ivermectin, hydroxychloroquine, vitamins, clean foods, sunshine, exercise, nutraceuticals and anything else that advances human health and can’t be patented by Pharma. If you work for the FDA and are part of this corrupt system, I have two messages for you: 1. Preserve your records, and 2. Pack your bags.”
During a victory speech early Wednesday morning, Trump declared the country had delivered him and Republicans an “unprecedented mandate.”
That will mean big changes to health, starting with Kennedy.
In separate interviews with NPR and NBC on Wednesday, Kennedy said he wouldn’t take vaccines away from anybody. But he also repeated his criticism that health agencies haven’t done enough research on vaccines.
“We are going to make sure that Americans have good information right now. The science on vaccine safety particularly has huge deficits, and we’re going to make sure those scientific studies are done and that people can make informed choices about their vaccinations and their children’s vaccinations,” Kennedy told NPR.
In his speech Wednesday at Mar-a-Lago — with Kennedy in attendance — Trump promised that Kennedy would “help make America healthy again” and that “we’re going to let him do it.”
First as an independent candidate for president and then as a surrogate for Trump, Kennedy has said federal health regulators are “sock puppets” held captive by industry special interests.
He told NPR his mandate from Trump was to get rid of “the corruption and the conflicts” at regulatory agencies, to “return the agencies to the gold standard” of “empirically based, evidence-based science and medicine” and to “end the chronic disease epidemic with measurable impacts” within two years.
There’s bipartisan interest in tackling chronic diseases, relying less on ultraprocessed food and working to eliminate artificial trans fats.
Kennedy vowed to purge entire departments at the FDA to root out corruption. A Kennedy-led HHS could also direct agency funding to antivaccine research or reduce funding for activities and research that he disagrees with. Congress funds the agencies, but leaders have discretion on where to direct that money.
https://www.yahoo.com/news/rfk-jr-bully-pulpit-sends-170000235.html
I’m so excited for the next 4 years!
‘he’s kept his tenants’ rent almost the same since he acquired the building seven years ago, despite rising costs. ‘My electric bill over the last several years has almost doubled,’ Doukas said. ‘I’m not making any money off that building. I think my benefit will come when I sell it’
If yer not making money Andy, you have a loan. Which makes you a degenerate gambler using borrowed money.
‘The normal cost of hurricane losses is one thing that insurance companies can handle,’ Healis said. ‘It’s the fraud and, unfortunately, the price gouging that makes it difficult to stay competitive’
I bet you got billboard lawyers and fly by night contractors galore Danielle.
‘Harry, an agent with Family Tree Realty in Yucaipa, CA, has noticed election chatter at open houses in recent months, with many prospective buyers in the Republican-leaning area claiming they want to see Trump win before signing a contract. Harry was surprised after listing a home in Beaumont, CA, in late September, and waiting 24 days before getting a single call or request for a showing. The five-bedroom home was listed for $680,000, which he believed was competitive after an identical model in the development was quickly sold for $695,000 in August. But as the weeks ticked by with no offers, he began to wonder if election jitters were to blame’
It’s the price Cayden.
‘What’s clear is that the foreign buyer ban was marketed as bullet-proof Kevlar, when in fact it’s more like cheese cloth’
That’s the K-dn money laundering set up for at least 20 years now Andy. It’s a guberment thing, same as in the US.
‘We have been practically begging … and he is giving us nothing back. We have literally had our own toilet waste coming back up and filling our sinks … we are so tired of fighting’
Ah-Ha! You have been eating.
Commander Cody & The Lost Planet Airmen- “Seeds and Stems (Again)”
LIVE 1971 [RITY Archive]
ReelinInTheYears66
3 years ago
https://www.youtube.com/watch?v=Nh_fUHi67I8
5 minutes.
Cream — I Feel Free:
https://www.youtube.com/watch?v=prnbF8Eagdg
The Byrds — My Back Pages:
https://www.youtube.com/watch?v=1G9TJk853ps
James Gang — Walk Away:
https://www.youtube.com/watch?v=zo0vBdlWQs0
Would now be a great time to invest in California real estate?
Yahoo Finance
7 Worst States To Buy Property in the Next 5 Years, According to Real Estate Agents
SDI Productions / iStock.com
Heather Altamirano
Fri, November 8, 2024 at 7:00 AM PST 4 min read
There are many factors to consider when buying a home, and evaluating factors like cost of living, crime rate, climate change, local issues and property taxes can help you save money.
Whether you’re saving to buy a house, waiting for mortgage rates to fall or planning a big move in the next few years, researching the market now can help you decide where to invest later.
“While no one can predict the market with absolute certainty, the patterns we’re seeing now offer some valuable clues,” said Yawar Charlie, estates director of Aaron Kirman Group at Christie’s International Real Estate and cast member of CNBC’s “Listing Impossible.”
Based on current market trends, GOBankingRates spoke with experts who shared which states to avoid buying property in the next five years and why.
California
Stunning scenery, a vibrant culture and near-perfect weather make California so appealing, but the affordability is an issue.
“As a real estate broker in Los Angeles, I’ve observed some trends that suggest certain states might become less attractive for homebuyers over the next five years,” Charlie told us.
“It’s not just the high cost of living here that’s a problem. The state also struggles with issues like wildfires and droughts, which can make homeownership even more challenging and expensive,” he explained.
“Additionally, the tech boom, especially in areas like the Bay Area, has driven housing prices to astronomical levels, pushing many to seek refuge in more affordable states.”
Rachel Stringer, a Realtor at Raleigh Realty, added, “Demand continues to outpace supply, keeping inventory tight drastically.
“This supply crunch, coupled with slow wage growth, raises affordability concerns over time,” she explained. “As costs rise faster than incomes, keeping up with mortgage payments could become increasingly difficult.”
Florida
…
https://finance.yahoo.com/news/7-worst-states-buy-property-140044720.html
Trump
This ^^^^^^^^!!