Buyers Are Trying To Steal Places
It’s Friday desk clearing time for this blogger. “Mayra Villalona is sitting on what she thought was real estate gold. She bought a two-bed, two-bath condo near Fort Lauderdale in 2021 for $145,000, hoping to pounce on pandemic-era real estate prices. ‘This is really a great community to live in,’ Villalona told CBS News. ‘It’s just to me, for me, it’s not an investment right now. It’s not a good one.’ Villalona’s condo has been on the market since last November. Despite spending $20,000 upgrading the kitchen and the bathrooms, she has seen virtually no potential buyers. She has lowered the price twice with no luck. It is currently listed for $255,000. ‘Because it wasn’t moving…And…I wanted to sell it,’ Villalona said of why she lowered the price. Villalona says her fund restoration fees have increased ‘three times already’ because of the law, from about $20,000, to now over $50,000. ‘Well, it used to be 20 and then they went to 35, and now I owe over 50,’ Villalona said. In hindsight, would Villalona have still bought the condo back in 2021? ‘Probably not this one,’ she said.”
“The major data points in the Rhode Island real estate market are changing and in ways that may not have been anticipated. While prices remain steady other numbers are showing that the market may see some significant changes, and you only have to look to Washington, D.C. to see the influencing factor. Josh Cullion with Mott & Chace Sotheby’s International Realty said the cuts to higher education, healthcare and research are beginning to be felt here in Rhode Island. ‘Two clients, just as immediate examples for the sake of the conversation, who are relocating and changing plans [due to Washington cut]. You know we’re going to be listing and selling their home because they’re relocating to a different location because of the impact that it’s had. I don’t want that to be nightmare fuel. That’s, you know, those are two lone examples,’ said Cullion. ‘I don’t believe myself, call me naive, that it’s a title wave happening, but of course it’s being impactful.'”
“Ryan McDonough was looking to buy a home closer to the city of Phoenix as his family expanded. In January, he made an offer on a home in Phoenix and closed on the property within three weeks. In stark contrast to the quick timeframe for buying his new house, selling his existing house in Prescott Valley, about 90 miles outside of Phoenix, has been an expensive slog. ‘We’re hoping we made the right decision’ in buying, he told MarketWatch. ‘But right now, having two mortgages and two utility bills, two homeowners association [fees] … we’re really bleeding.’ The financial pressure has been mounting as their home sits on the market. They cut the price to $609,000 from its initial listing price of $630,000. His two mortgages add up to about $6,000 per month, and McDonough is also facing the resumption of student-loan payments. He had intended to pay off a big chunk of student-loan debt with the proceeds from the home sale. ‘I’m starting to think like I might need to go in with my financial assets and borrow from 401(k)s or some other assets I have,’ McDonough said, to tide the family over until their old home finds a new owner.”
“Chet Gallaway has had his Bay Area home on the market for eight months. Gallaway’s father built the home in San Carlos in the 1970s, and Chet lived there until he moved to a new house two hours north of Sacramento area. Gallaway had renters in the property, which is on the market for about $3 million. He wasn’t in a rush to sell, because the home was paid off. But he didn’t expect it to be so difficult — or this slow. ‘I personally expected it to sell very quickly,’ Gallaway, who has joint ownership of the home with his father, told MarketWatch. Not getting any worthwhile bites, he dropped the price of the home from $3.5 million to $3 million. But he was getting what he considered to be lowball offers. With the economic uncertainty surrounding the Trump administration’s new policies, ‘I think people are just less willing to plunk down millions of dollars for a property,’ he added.”
“Gallaway, who is a farmer and a real-estate investor, doesn’t want to keep cutting the asking price just to sell the home he and his father own. His father, who is nearly 80, lives on a vineyard and does not object to the sale. And there is no rush, so Gallaway isn’t unduly concerned. ‘If I had to sell it, then of course I would just feed into the death spiral and just drop the price’ until an offer comes in, he said. ‘We just don’t need to sell badly enough to capitulate.'”
“Condo owners in Modesto‘s Walnut Orchards community are protesting a proposed $25,000 special assessment per unit to replace balconies, some of which were deemed unsafe by the city of Modesto. ‘I’m on Social Security and I’m disabled and I’m a single parent. I would not be able to afford that assessment,’ said Maria Rodriguez, a condo owner of 22 years. Rodriguez already pays nearly $600 a month in HOA dues. Another resident, John Thiel, says the board framed the vote as the lesser of several financial burdens. Residents were told if the one-time fee is not approved, the HOA may increase monthly dues by 20% annually. ‘That was really alarming to see, because when you look 10 years from now, a monthly payment was going to be projected at over $4,000,’ Thiel said. ‘They’re being very unreasonable. They’re not answering our questions,’ Rodriguez said. ‘I wouldn’t recommend anybody move in and take on this HOA the way it is. I would tell them, run the other way.'”
“A juror who forced a mistrial in a deed-fraud case when she shared her own legal research with the panel will avoid a civil contempt finding if she performs 100 hours of community service, the judge ruled. Christine Heegan-Gorodinsky of Edgemont appeared Thursday, April 17, before Westchester Judge George Fufidio, two weeks after the abrupt end of the 10-week trial of Marcia Campbell and Anthony Chilliest. Campbell, a real estate broker, and Chilliest, a lawyer, were charged with conspiracy, grand larceny and falsifying business records, accused of stealing the deeds to three homes headed for bankruptcy or foreclosure, fraudulently obtaining $2 million in mortgage loans and evading $200,000 in state taxes. Two of the homes were in New Rochelle and the other was in Yonkers, and Campbell and her husband had moved into one of the New Rochelle homes. A new trial date for Campbell and Chilliest has not been set. Campbell is also awaiting trial in the Bronx on charges accusing her of taking the home of a woman who was trying to transfer ownership to a relative and stealing more than $250,000 through real estate investment scams. “
“Last year, a small Northeast Baltimore school flew into panic mode as a nearby apartment complex threatened to double the rents. Behind the scenes, the owner of the apartment community tussled with his lender over mounting financial troubles. Mendel Steiner, whose Dutch Perring Owner LLC business had purchased two communities near Morgan State University, had failed to comply with the terms of a loan from the Bank of Montreal, attorneys for the bank wrote last year in court filings. The bank asked to strip Steiner of the properties. Then, in January, the bank in legal filings reported a new development in the case: Steiner was dead. Steiner, 33, died at the beginning of January after years of being ‘unwell,’ according to Boro Park 24, a Brooklyn-based news source. The Real Deal, a real estate-focused publication, reported last month that court-assigned receivers had been appointed to take over his multifamily units in Cleveland. He is believed to have owned apartment units across the country. There are about 800 homes spread among the Baltimore apartment complexes, Dutch Village and Pleasantview, according to legal filings. From the start, the bank alleged that Steiner had misled them. Steiner stated in loan documents that he bought the two properties for $173 million instead of the $115 million he actually paid, the bank’s attorneys wrote in court filings. Steiner’s attorneys faulted the bank for approving the loan in the first place and said they were not giving him enough time to fulfill his promises.”
“For most of the last decade, the skyline in the nation’s capital was defined not only by the Capitol and the Washington Monument but by a flock of construction cranes. Over the last year, most of those cranes have disappeared. Last year, 932 rental housing units began construction in D.C., according to the Washington D.C. Economic Partnership’s annual Development Report. That was down 79% from the 4,474 units that started construction in 2023. Every year before that, going back to 2015, developers started on at least 5,000 units. The market for financing new housing in D.C. has become frozen, MRP Realty principal Matt Robinson and other developers said, in large part due to the high levels of unpaid rent that are depleting the income of landlords across the city.”
“Priya Jayachandran, CEO of nonprofit affordable housing developer National Housing Trust, said at a Bisnow event Tuesday the firm has five affordable properties that are losing money due to high levels of unpaid rent. She said the nonprofit is having to put more money in to hold onto the assets, and it is trying to sell one of them because it can’t afford to maintain the property. She said it had a deal in the works for a new affordable housing development with tax credits lined up, but the lender, which she declined to name, backed out because of uncertainty in the city. ‘Their credit folks have decided D.C. is not a good investment right now,’ she said.”
“A new report says new condo sales in the Greater Toronto Hamilton Area (GTHA) have declined more than 60 per cent year-over-year to reach the ‘lowest quarterly total since 1995.’ A total of 28 ‘presale projects’ in the GTHA – which would have resulted in over 5,700 units – have either been put on hold, cancelled, or placed in receivership or converted to purpose-built rentals since 2024, according to Urbanation’s data. Unsold new condominium inventory in the first quarter of 2025 totaled 23,918 units according to the report, which was an increase of six per cent and equal to 78 months of supply. Of that unsold inventory, Urbanation says nearly 11,000 were pre-construction projects and another 11,000 were under construction units. ‘With the Toronto region relying on condos for more than one-half of its total housing development, the magnitude of this slowdown will result in severe supply repercussions,’ Shaun Hildebrand, President of Urbanation, said in the report.”
“The Toronto-area real estate market is already awash in homes for sale, and now industry players are preparing for another large wave heading into May. ‘It’s a tough market,’ says Patrick Rocca, broker with Bosley Real Estate, who is planning to roll out a handful of listings over the next few weeks. ‘There’s zero clarity right now and that makes people nervous,’ he says. ‘Until we get a little bit more certainty, we’re going to be going sideways.’ Mr. Rocca says he is starting to see an increasing number of people under financial pressure. Home and condo owners need to sell for various reasons, but he’s advising those who have the luxury of time to wait. ‘If you’re testing the water, don’t do it.'”
“The condo segment, where new construction is adding units to a saturated market, is especially challenging. A semi in the Leaside area was still sitting after two weeks with an asking price of $1.299-million. Mr. Rocca says negotiations are often drawn out these days, but deals can come together when both sides are willing to budge. Recently he has seen a flurry of offers from bidders who are standing firm with their original offer. ‘Buyers are trying to steal places,’ Mr. Rocca says. In some cases, he senses, inexperienced agents representing buyers are not educating their clients. In those cases, buyers make a take-it-or-leave-it-offer that the sellers reject, and then there’s no room for haggling. ‘My rule of thumb is, it’s not what it comes in at – it’s what it ends up at,’ Mr. Rocca says.”
“In Bangalore’s white-hot real estate scene, fear is selling faster than facts. The city’s tech-fueled growth, soaring rents, and flashy new launches are pushing young professionals and first-time buyers into snap decisions — driven more by panic than planning. Social media flaunts clubhouse views and ‘booked before price hike’ captions, while brokers drum up urgency with tales of vanishing inventory. But one user’s viral post is now flipping the script, laying bare the emotional and financial toll of falling for the hype — and urging others to take a breath before jumping in. ‘You might think you’re late to the real estate party. But here’s a different perspective: You’re actually right on time — to skip this overhyped wave and wait for a correction or stabilisation,’ the user wrote on Reddit.”
“Having lived in Bangalore for six years, the user said they consciously chose renting over buying — valuing financial flexibility over a two-decade EMI burden. ‘The poor rental yield, the high interest burden, and the psychological weight of a 20-year loan just didn’t feel worth it,’ they said. Between 2020 and 2022, they watched the market but stayed cautious. Then rents doubled, and friends started flaunting new homes online. FOMO kicked in.”
“‘I gave in,’ they admitted. What followed was a whirlwind of site visits and price shocks. ‘Tier 1 builders were quoting ₹1.8-₹2.2 crore for a 2BHK. Even Tier 3/4 builders wanted ₹1.3 crore or more!’ Eventually, they booked a ₹1.2 crore flat in East Bangalore after a sales pitch claiming ‘80% units are already sold.’ But after the booking, red flags surfaced. Legal issues, a builder with a shady track record, and worse — the same flat was offered to a friend weeks later at ₹10 lakhs less. ‘Then began the painful 100+ follow-ups to get my booking amount refunded,’ the user said. Their message was blunt: ‘Bangalore real estate is already inflated. Don’t believe the hype.’ They questioned aggressive marketing, delayed possession timelines, and secret discounts — all signs, they argued, that demand isn’t as frenzied as it seems. ‘In times like this, cash is king,’ they said, citing economic uncertainty and job market volatility. Their advice? ‘Be smart. Be patient. And most importantly, don’t fall for FOMO.'”
Here in the Pensacola, FL area, there are still many new houses for sale, as well as others still under construction. Despite builder price drops and concessions, the over supply of new homes is incredible. I believe many builders will have to take a loss in order get those homes sold. I firmly believe the current bubble is much worse than 2008. I even had a local respected realtor who was also a builder tell me he thought this bubble was worse.
“…I believe many builders will have to take a loss in order get those homes sold…”
Are rising sea levels, hurricanes, ever increasing H/O insurance [for floods, hurricanes], etc factors?
Are rising sea levels, hurricanes,
Neither of these exist as an increasing problem.
Realtors are liars.
‘selling his existing house in Prescott Valley, about 90 miles outside of Phoenix, has been an expensive slog. ‘We’re hoping we made the right decision’ in buying, he told MarketWatch. ‘But right now, having two mortgages and two utility bills, two homeowners association [fees] … we’re really bleeding.’ The financial pressure has been mounting as their home sits on the market. They cut the price to $609,000 from its initial listing price of $630,000. His two mortgages add up to about $6,000 per month’
The real shocker in this tale of woe is that a shanty in Prescott Valley would ever be priced over 600k. I worked on bunch foreclosures up there. I say up because it’s elevated on the south side of the Verde Valley, just east of Prescott. You will burn some gas getting there. Mostly retirees back then who underestimated it’s remoteness and liked the big lots. Second shack gambles for people in Phoenix to ‘escape the heat in summer’.
Retired CA cops and firefighters like to move to Prescott taking their 300K a year pensions , at age 50 something, and live large out of CA .
They are just going to eat that double mortgage until they finally get it priced correctly. (following the market down, they already missed spring season). They didn’t even lower it 10%, greedy suckheads. They got a long way to go to get a deal.
Lots of people got burned when the music stopped in 08, in between homes and bam, the market just stopped and they ate 2 mortgages until they went bust and lost both.
Washington Post — Trump and GOP ramp up investigations on Democrats’ top fundraising platform (4/24/2025):
“President Donald Trump has directed his attorney general to investigate fundraising platforms like ActBlue, the central fundraising apparatus of the Democratic Party — escalating his effort to use his powers to target his political opponents and, in this case, the core machinery of the opposition party.
Trump campaigned extensively last year on a promise to exact revenge on his political adversaries and frequently made unsubstantiated claims about corrupt Democratic fundraising practices.”
Unsubstantiated? Don’t make me laugh.
“In a memo Thursday, Trump alleged that “online fundraising platforms have been willing participants in schemes to launder excessive and prohibited contributions to political candidates and committees.”
He ordered Attorney General Pam Bondi to investigate allegations “regarding the unlawful use of online fundraising platforms to make ‘straw’ or ‘dummy’ contributions or foreign contributions to political candidates and committees.”
Trump adviser and donor Elon Musk alleged without evidence on Thursday that the organization was “guilty of widespread criminal identity theft.”
https://archive.ph/q9a2K
“without evidence”
Yup, they ALWAYS have to slip that in. There’s plenty of evidence. You take a million bucks and split it into 200 donations using the name and address of some little old lady who donated maybe once.
New York Times — Lawyers Seek Return of Migrants Deported Under Wartime Act (4/25/2025):
“Early Friday, the American Civil Liberties Union took another shot at seeking due process for those men. Lawyers for the group filed an updated version of a lawsuit they brought against President Trump’s use of the Alien Enemies Act on March 15, the first that challenged his invocation of the law.
This time, the A.C.L.U. is asking a federal judge in Washington not to stop the men from being sent to El Salvador, but rather to help them return to U.S. soil.”
https://archive.ph/Vi9a2
You are being replaced.
And this is who is replacing you.
Biden’s illegal rapes 13-year-old FL boy who was playing hide-n-seek in his backyard (4/25/2025):
“We’ve heard countless horror stories of Joe Biden’s illegals wreaking violent havoc on American citizens—gruesome accounts of murder, domestic abuse, drunk driving, and vicious assaults. But this latest story is especially horrific. It involves a 13-year-old Florida boy who was brutally sexually assaulted by one of Joe Biden’s illegals while he played hide-n-seek in his backyard with his 8-year-old brother.
Sadly, the real injustice here is that nothing will happen to Joe Biden—the man who let this monster into the country and destroyed a young boy’s life. Meanwhile, Democrats are fighting tooth and nail for the “due process” of illegal gangbangers, all while ignoring the violent crime wave Biden’s border invasion has unleashed on innocent Americans.”
https://revolver.news/2025/04/bidens-illegal-rapes-13-year-old-fl-boy-who-was-playing-hide-n-seek-in-his-backyard/
Sadly, the real injustice here is that nothing will happen to Joe Biden
Not in this life.
“No one f*s with a Biden” — 10/5/2022
but rather to help them return to U.S. soil
Nothing surprises me anymore.
“Early Friday, the American Civil Liberties Union took another shot at seeking due process for those men.”
The Democrats and the ACLU are all about due process and the rule of law. There’s “not even a smidgen of corruption.” There’s no treasonous plot to replace conservative voters with unskilled, dependent, illegal alien D voters. These are all tin foil hat Mad Hatter conspiracy theories. It’s strange how so many conspiracy theories have been shown to be true lately…
The hypocrisy stinketh to high heaven.
https://x.com/AlecLace/status/1913635877340725666
Alec Lace @AlecLace
Bill Clinton: 12.3 million deportations – 0 injunctions
George W. Bush: 10.3 million deportations – 0 injunctions
Barack Obama: 5.3 million deportations – 0 injunctions
Donald Trump: 100 thousand deportations – 30 injunctions
12:48 PM · Apr 19, 2025 · 84.5M Views
https://babylonbee.com/news/people-who-bypassed-legal-process-in-migrating-to-usa-demand-due-process-before-being-kicked-out
People Who Bypassed Legal Process In Migrating To USA Demand Legal Process Before Being Kicked Out
Crime · Apr 21, 2025 · BabylonBee.com
“U.S. — According to sources, several individuals who bypassed the legal process in migrating to the United States are demanding due process before being deported.”
“The law has to mean something!” said José, a member of the international crime gang MS-13. “America is a nation of laws, and laws must be followed, except for the ones that say I can’t sneak in and do a bunch of murderin’. Those don’t count.”
https://x.com/CynicalPublius/status/1913640194915615081?ref_src=twsrc%5Etfw
Cynical Publius @CynicalPublius
The problem is that our system has a crisis of legitimacy.
ex-President Applesauce illegally and deliberately imported somewhere between 10mm and 20mm illegal aliens into the USA and illegally provided them with tax dollars you and I earned on the sweat of our brows.
All of this was done in total and complete contravention of immigration laws and other laws, and nobody did a damned thing about it.
NOW, President Trump is trying to undo this massively illegal action after we elected him specifically to do JUST THAT, but is being blocked at every turn by the judiciary who suddenly propose to care about the “rule of law” over the most technical of legal details, and seek supremacy over the lawful will of the electorate.
Lawyers can always rationalize anything over the tiniest of legal details if it gives them what they want.
But normal people don’t think that way. Normal people see the immense injustice that is being perpetrated on our nation.
THAT is the problem. It’s a crisis of legitimacy.
1:05 PM · Apr 19, 2025 · 155.4K Views
“We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” – Abraham Lincoln
Nations do not die from invasion; they die from internal rottenness. – Abraham Lincoln
“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.” – Abraham Lincoln
“Those who make peaceful revolution impossible will make violent revolution inevitable.” – John F. Kennedy
“Only an educated and informed people will be a free people.” – John F. Kennedy
“The ignorance of one voter in a democracy impairs the security of all.” – John F. Kennedy
District court judges have no authority or national jurisdiction. Illegal aliens are not citizens; they don’t have citizen’s rights. SCOTUS do your job! Need to deport about 50k illegals a week to hit a 10M target over 4 years. The lawfare needs to end. 2A is there for a reason.
These “people” putting roadblocks in the way need to think real hard about what the next step is. Cuz either it’s a strongman or it’s war. It’s not back to the good old days of grift and plunder.
“fund restoration fees” , what kind of Orwellian doublespeak is that? What the term really means is condo association reserve fund shortfall (as attributable to a specific owner), with respect to necessary repairs that have not yet been performed, nor funded.
Heck, if they had switched the words around, that might have created a meaningful and acceptable phrase: Restoration fund shortfall
Villalona says her fund restoration fees have increased ‘three times already’ because of the law, from about $20,000, to now over $50,000. ‘Well, it used to be 20 and then they went to 35, and now I owe over 50,’
if you can’t afford to live here, you should sell. (that’s going to become a golden line)
“…if you can’t afford to live here, you should sell…”
A good variation of the time tested phrase: “If you have to ask the price you can’t afford it”
So there is a connection between bloated real estate and boat anchors after all.
Many can’t afford to sell either. Nobody is going to pay for 20+ years of deferred maintenance on a 50 year-old condo building. And unless your condo is right on waterfront, nobody will pay enough for the tear-down land value.
oh sure, they can sell
not for what they want or think the place is worth. But everything has some value. Even to the developers.
These sellers aren’t even to the point of realizing it’s their current price MINUS the current assessment is just the Staring Point for a price. They aren’t even close. And yes, you’re correct many of these places are going to fall to Detroit values. That’s what happens when you don’t do maintenance.
Letter: Chilling the American economy
When the elbows up movement started in Canada nobody knew if it would have an impact on the American economy or not. Under the threat of tariffs and annexation it was the only thing proud Canadians could do.
The first statistics are now out showing the impact of the Canadian elbows-up movement. A significant drop in Canadians travelling to the USA (70 per cent downturn in summer airline bookings, 900,000 fewer border crossing in March alone) has resulted in a monetary loss in tourism as well as food and alcohol sales in the U.S.
The boycotting has several states scrambling to entice Canadians back.
Palm Springs has Canadian maple leaf banners on the main street with slogans of ‘how much they love Canadians.’ The governor of California promises sunshine and beaches and asks Canadians to return. He is currently suing Trump on illegally imposing tariffs. Canadian snowbird condominium sales in the Trump states of Arizona, Carolinas and Florida are flooding the real estate market while the rental market is in decline.
Of course, there are many Americans disgusted with what Trump is doing to their own country let alone Canada. Some have even explicitly stated ‘they don’t blame Canadians for not spending their money in the USA — they would do the same.’
We, along with Europeans (travel from Europe to USA is down 17 per cent in March alone) are chilling the American economy by spending our money anywhere but the USA.
Summer is around the corner, and we should expect greater tourism as Canadians and Europeans (and even anti-Trump Americans) explore our glorious country.
Together, we have sent a message south. WE are making a difference. Let us keep the pressure on, elbows up for Canada!
Alla Marinow
Mill Bay
https://www.lakecowichangazette.com/opinion/letter-chilling-the-american-economy-7965903
Give it all the elbows you’ve got Canadians. We’d rather have our jobs back than put up with your fake “let’s be friends” attitude.
We’ll live. Rental speculators might get an ass pounding.
Sounds like my domestic family vacation just got more affordable!
Like real people give a damn about Palm Springs’ bookings.
Seriously, this is satire right?
“Recently he has seen a flurry of offers from bidders who are standing firm with their original offer. ‘Buyers are trying to steal places,’ Mr. Rocca says. In some cases, he senses, inexperienced agents representing buyers are not educating their clients. In those cases, buyers make a take-it-or-leave-it-offer that the sellers reject, and then there’s no room for haggling.”
Somehow this is the buyer’s fault that they submitted an offer, the seller rejected it and didn’t counter? How is this the buyer’s fault? Seller’s and their delusions
Stick to your guns buyers, send another one even lower.
‘Buy Canadian’ is just a passing trend. Just ask Hudson’s Bay Co.
A friend sent me an e-mail this week that made me roll my eyes.
She urged me to sign up with a service that connects Ontario consumers with local farm produce, pantry items and household cleaners. Its website, which takes a dig at grocery stores, promises “tariff-free” products at stable prices but provides insufficient information to properly compare costs.
Then came the hard sell. If I agreed to become a customer, my friend would earn a discount for referring me to the business. What’s more, I would be doing my part to “Buy Canadian.”
Puh-lease. Only in Canada is subsidizing someone else’s spending proof of patriotism.
The “Buy Canadian” trend may be capturing the zeitgeist of 2025, but some bandwagoners are becoming insufferable. Social sanctimony over shopping – including cringey social-media posts – is coming at the expense of self-awareness.
Sure, U.S. President Donald Trump’s tariffs and threats of annexation have rightly fuelled a surge of Canadian patriotism, prompting consumers to reconsider how and where they shop.
Great. I, too, try to be deliberate with my spending choices.
But some born-again buyers are becoming bellicose. They would have us believe that this retail trend marks a permanent shift in Canadians’ purchasing habits.
That’s some phony baloney.
The “Buy Canadian” movement will fizzle as soon as Mr. Trump drops his tariff antics. That’s because Canadian consumers are complacent and predictable. History shows we will always pick the cheapest price in the end.
Scoff at me if you want, but our track record as consumers speaks for itself. Pangs of patriotism don’t produce profits. Just ask Hudson’s Bay Co.
Canada’s oldest retailer, which is currently in court-supervised creditor protection, is facing possible demise precisely because it wasn’t a priority for our populace to buy Canadian.
Spare me the nitpicking over the technicalities of the company’s U.S. ownership.
Hudson’s Bay, though, has been declining for decades. The risks of economic and historical loss have been apparent this entire time.
But none of it moved Canadians to consistently give their business back to the Bay – not even after our sentiments were stirred when the retailer was first sold to an American in 2006.
Let’s be honest with ourselves. It took two American executives, first Jerry Zucker and then Richard Baker, to keep the beleaguered Canadian retailer alive for this long.
Hudson’s Bay is just the latest retail casualty of declining Canadian patronage. Remember Eaton’s and Towers?
We talk a good game about loyalty and wrap ourselves in the flag when convenient, but ultimately we fail to show sustained support for our own.
Amid all this marketing hype, people are forgetting that Canadians tend to vote with their wallets. The truth is that consumers stopped shopping at Hudson’s Bay because big-name American retailers, including Walmart, Amazon and Costco, offer a better selection of products at a cheaper price.
One poll conducted by the Angus Reid Institute, published in February, found that three in five Canadians are “boycotting” U.S. products. Nearly half of Canadians are delaying or scrapping plans to travel to the United States.
But how long are Canadians prepared to go without Florida orange juice, Hollywood movies or sunning themselves on Myrtle Beach? Not as long as they like to pretend.
So, spare me the self-righteousness about buying Canadian. And for goodness’ sake, stop tut-tutting people who still shop at Costco.
If the Canadian economy goes south and people lose their jobs, sensible shoppers will refuse to pay a premium for local products. The lowest price will, once again, be the law.
https://www.theglobeandmail.com/business/commentary/article-buy-canadian-is-just-a-passing-trend-just-ask-hudsons-bay-co/
Saks is latest to exit San Francisco’s Union Square. Experts say things aren’t as grim as they seem.
Saks Fifth Avenue in Union Square is the latest retailer to say farewell to San Francisco. The company announced that the store will be closing its doors next month in a broader plan to consolidate.
While Saks has been a fixture on the corner of Post and Powell since 1997, retail real estate experts say the store’s departure isn’t a sign of the trend they’re seeing downtown.
“Union Square is highly desirable globally for retail tenants and that remains,” said Alex Sagues, the senior vice president of retail leasing for CBRE.
He added that while we hear of major retailers closing stores downtown, there has actually been positive growth in the past year.
“More space is becoming occupied than it’s getting vacant in general, but we have a long way to go,” he said. “If you look at the combined square footage of Bloomingdale’s, Macy’s, Nordstrom, and Saks, that’s a lot of square footage.”
According to the Bay Area Council Economic Institute, San Francisco is nowhere near pre-pandemic levels, but vacancy has gone down year after year.
The institute’s executive director, Jeff Bellisario, says San Francisco is almost like a blank canvas and several factors will determine how quickly it will bounce back.
“The story now is we have a lot of empty space. How do we create the policies and the financial incentives, maybe around companies coming in?” Bellisario said. “Or do we just wait for the market to eventually correct itself? That’s a longer time frame, but eventually it will.”
Policies include the basics, such as creating safe and clean streets, to rezoning some buildings for housing. Bellisario also believes it’s important to bring in a university presence where people stay and spend every day of the week, not just for the short term but for the future of the city.
“We also don’t want to be sitting here again in the next real estate downturn saying that tech and AI all left the city,” he said. “We were heavily relying on them. We want to be saying yes, we ran into an economic speed bump, but we had enough different uses built in where the city didn’t empty out.”
https://www.cbsnews.com/sanfrancisco/news/saks-fifth-avenue-leaving-sf-union-square/
The bay area is doomed. Across the bay in Ookland they just elected a nice negro granny to run the city. When asked what her plan is she said she is ready to meet with the police department and the fire department to discuss things. Perfect.
I was watching a newsreel on the area last night and the top comment was ‘this is becoming like a newsreel from robocop’.
Doom Loop gonna doom.
Biden let California get creative with Medicaid spending. Trump is signaling that may end
In 2022, California made sweeping changes to its Medi-Cal program that reimagined what health care could look like for some of the state’s poorest and sickest residents by covering services from housing to healthy food. But the future of that program, known as CalAIM, could be at risk under the Trump administration.
In recent weeks, federal officials have signaled that support for creative uses of Medi-Cal funding is waning, particularly uses that California has invested in such as rent assistance and medically tailored meals. Medi-Cal is California’s name for Medicaid.
The moves align with a narrower vision of Medicaid espoused by newly confirmed Centers for Medicare and Medicaid Services head Dr. Mehmet Oz, who said during his swearing-in ceremony that Medicaid spending was crowding out spending on education and other services in states with the federal government “paying most of the bill.”
“This one really bothers me. There are states who are using Medicaid — Medicaid dollars for people who are vulnerable — for services that are not medical,” Oz said.
“The messaging that we want to go back to the basics of Medicaid puts all of these waiver programs in jeopardy,” said John Baackes, former chief executive of L.A. Care, the state’s largest Medi-Cal health insurer.
CalAIM is authorized under a federal waiver that allows states to experiment with their Medicaid programs to try to save money and improve health outcomes. Under the waiver, California added extra benefits for high-cost users to help with food insecurity, housing instability, substance use and behavioral health challenges.
Roughly half of all Medi-Cal spending can be attributed to 5% of high-cost users, according to state documents.
But in March, the federal government rescinded guidelines supporting Medi-Cal spending for social services. It also sent states a letter in April indicating that the Centers for Medicare and Medicaid Services would no longer approve a funding mechanism that helps support CalAIM, although that money will continue until 2026.
Together, these moves should worry states that operate programs like CalAIM, said Kathy Hempstead, senior policy officer at the Robert Wood Johnson Foundation.
“Under the Biden administration states were encouraged to experiment with things like that: To prescribe people prescriptions to get healthy food, to refer people to community-based services,” Hempstead said. “This administration is not receptive at all to … that vision of the Medicaid program.”
In a press release, CMS said it is putting an end to spending that isn’t “directly tied to health care services.”
“Mounting expenditures, such as covering housekeeping for individuals who are not eligible for Medicaid or high-speed internet for rural healthcare providers, distracts from the core mission of Medicaid, and in some instances, serves as an overly-creative financing mechanism to skirt state budget responsibilities,” the press release states.
Paul Shafer, co-director of the Boston University Medicaid Policy Lab, said decades of public health research show that people have worse health outcomes that require more expensive treatment when their social needs aren’t met.
But, Shafer said, programs like CalAIM are relatively recent and the research hasn’t had enough time to show whether paying for non-traditional services saves money.
For example, California’s street medicine doctors who take care of people who are homeless say that their patients often cycle in and out of the emergency room — the most expensive point of service in the health care system. They have no place to recover from medical procedures, no address to deliver medications, and the constant exposure to the elements takes years off of their lives, doctors say.
CalAIM gives them options to help their clients find housing.
The federal government’s decision not to fund programs like this in the future is a “step backward,” Shafer said. “I think we can all read the tea leaves and say that that means they’re sort of unlikely to be renewed,” he said.
https://calmatters.org/health/2025/04/medicaid-waiver-calaim/
So they’ve been using medicare for all those wacky bum housing plans.
“CalAIM is authorized under a federal waiver that allows states to experiment with their Medicaid programs ”
Federal waiver? If that waiver wasn’t passed by Congress as part of a law, it’s GONE.
“For example, California’s street medicine doctors who take care of people who are homeless say that their patients often cycle in and out of the emergency room”
I have nothing but respect for these street doctors. But if these patients have doctors looking in on them so often(?), they why are they in the emergency room all the time? Drug-seeking, and drug-related wounds, I guess.
Democrat-run Los Angeles failing wildfire victims’ rebuilding plans months after Trump visit: GOP rep
Months after devastating wildfires wreaked havoc across communities in Southern California, thousands are still without homes as Los Angeles Mayor Karen Bass has reportedly shown no urgency to rebuild.
Cal Fire reported that more than 12,000 homes, businesses and schools have been lost to the fires and more than 100,000 people have had to leave their homes since the January fires.
So far, only 23 permits for 16 addresses have been approved to rebuild homes destroyed or damaged in the wealthy enclave of Pacific Palisades, City of Los Angeles officials told Fox News Digital.
As of April 22, LADBS said it had received 192 permit applications related to significant fire damage repair or reconstruction at 156 unique addresses in the Palisades, where a total of 5,619 structures, including 5,495 residential homes, were damaged or destroyed in the Palisades Fire.
“Mayor Bass has worked to expedite the rebuilding process so that, when property owners are ready, LADBS can issue permits as quickly as possible,” city officials said.
California Assembly Leader James Gallagher told Fox News Digital that Trump has upheld his end of the bargain for cleanup efforts, yet California politicians have failed to deliver.
“When President Trump came to L.A. in January, he vowed to remove the red tape and asked California politicians to do the same. He followed with the fastest debris cleanup we have ever seen, but California hasn’t met its end of the bargain,” Gallagher said.
“Permits are slow, and the bureaucracy is fat. [Gov.] Gavin Newsom and Democrats can’t get out of their own way and deliver for fire victims,” he continued.
Malibu real estate agent and lifelong resident of the area Liz Benichou told Fox News Digital that she is “not surprised” that little progress has been made since the fires.
“Only 55 homes have been rebuilt since the Woolsey fire in Malibu, and that was in 2018,” Benichou said.
https://wfin.com/fox-national-news/democrat-run-los-angeles-failing-wildfire-victims-rebuilding-plans-months-after-trump-visit-gop-rep/
So far, only 23 permits for 16 addresses have been approved to rebuild homes destroyed or damaged in the wealthy enclave of Pacific Palisades, City of Los Angeles officials told Fox News Digital.
At that pace it should only take 120 years to rebuild
The ‘Bowel Movement Rental’ Agency & The Nightmare on Lakeview Avenue
The Baltimore Slum Lord is a particular beast. He practices apathy as a living commitment to owning property. But his property is old and hazardous. It wears lead paint as a house coat. The built-in microwave from 1940 remains crusted in tetanus and sixty-year grease. Nothing is replaced or up to code. The oven has a gas leak. The back door doesn’t close. Because of this the heating bill is high and the mice are as much of a roommate as the cold. Often not even living in the state of Maryland, he can’t manage his own property. Instead, he has someone else–rude and uncompromising–act as a figurehead, prattling rehearsed bits of lease legalese.
The day we went to see the property, I was hopeful. There was a sepia picket fence. There were steps. There was a porch the size of a classroom. And then there was the apartment– the bottom half of a multifamily home split into two.
The apartment opened to a foyer which led down a hallway. To the left was the front bedroom situated off the dining room. The bedroom was tiny, about the size of a Chipotle bathroom, but it faced the front of the house and in this way, grabbed the light from the deck like a fist collapsing a fly in its palm. The dining room doubled as the living room and was coated in a color offensive to pink. It was like a Pepto Bismol gurgled up, shat into a bottle of Orangeade and swirled with the dirty end of a tampon.
Back then, naivety was an old wisdom tooth I had yet to get extracted. Safety, to me, was constructed, a promise as simple as following the rules. If I pay to live here, I thought, then safety will meet me in return. Back then, it had never occurred to me that someone would allow two young girls to live in an uninhabitable apartment.
From the moment we moved in, the red flags sprung a hydra of heads. Sure, there were copious red flags I had ignored–for one, we had found the apartment on Craigslist; for two, BMR, the rental agency, accepted credit scores as low as 500. But never did I think that the cracks in the hardwood floor would metaphorically expand.
By month three, there was the microwave issue. Or rather, the lack thereof. The device was built-into the wall. And it seemed it and the walls were built in the same year. The light on the outside didn’t even wink. It was stone cold dead. When we told Fart that the microwave didn’t work, again, he didn’t believe us. When we showed him the microwave didn’t work, he said he’d send His Guy to check it out. What ensued was a 5-month back-and-forth in which His Guy would come over to our house for hours, tinker with the microwave, and then say, he needed to come back after ordering an obscure part. I fantasized about running Fart’s voodoo doll under scalding hot water.
That winter, my mom came to visit. Sleeping on our bright pink couch, she complained that she couldn’t sleep because all night, she’d heard mice playing Shoots and Ladders. By this time, we’d gotten a cat, but she saw the mice more as fidget toys to idly spin by her paws than as prey to consume.
You know it’s bad when your boomer up-hills-both-ways parent tells you your home reminds her of poor, Baltimore youth.
Housing is a human right. It is a basic need on the hierarchy. If I were Mayor Scott, I’d make housing free. In the meantime, all I can do is make sure I know how I want to live. And protect that at all costs.
https://baltimorefishbowl.com/stories/the-bowel-movement-rental-agency-the-nightmare-on-lakeview-avenue/
Housing is a human right. It is a basic need on the hierarchy. If I were Mayor Scott, I’d make housing free.
And if you were Mayor Scott and you made housing free, who would you expect to pay for your generosity? Where is it written that housing is a right?
microwaves are $20 at walmart, fix the problem and get your own.
and they certainly don’t go back to 1940
What is it about baltimore, detroit, philly, st louis, etc that they all seem ot have in common? oh, i know, old housing stock..
China says it wants to partner with Canada to push back against American ‘bullying’
China’s ambassador says Beijing is offering to form a partnership with Canada to push back against American “bullying,” suggesting the two countries could rally other nations to stop Washington from undermining global rules.
“We want to avoid the situation where humanity is brought back to a world of the law of the jungle again,” Chinese Ambassador Wang Di told The Canadian Press in a wide-ranging interview.
“China is Canada’s opportunity, not Canada’s threat,” he said through the embassy’s interpreter.
Wang — whose office requested the interview with The Canadian Press — said that China and Canada appear to be the only countries taking “concrete and real countermeasures against the unjustified U.S. tariffs” imposed by U.S. President Donald Trump.
“We have taken notice that, faced with the U.S.’s unilateral bullying, Canada has not backed down,” he said. “Instead, Canada is standing on the right side of the history, on the right side of international fairness and justice.”
Roland Paris, who leads the University of Ottawa’s graduate school of international affairs, said Beijing has long sought to reshape international institutions to advance its own interests — efforts that often have put China at odds with Ottawa’s foreign policy.
He said Canadian businesses should take a cautious approach to China, where they still face the risk of import bans and arbitrary detainment.
“The mercenary use of tariffs and non-tariff barriers that we’re seeing from the Trump administration has been practised for a long time by China in different forms,” Paris said.
“China has played its own version of hardball and abused trade rules in the past to coerce countries, including Canada, that have dared to displease Beijing.”
Last fall — in an effort to protect Canadian auto sector jobs and allay American concerns about threats to supply chains — the federal government imposed 100 per cent tariffs on imports of Chinese-made electric vehicles that all but banned Chinese EVs from the Canadian market.
Canada alleged unfair trade practices including “a state-directed policy of overcapacity and oversupply,” and “lack of rigorous labour and environmental standards.”
Beijing retaliated by imposing large tariffs on Canadian canola and pork — duties Wang said Beijing is happy to drop if Ottawa drops its own tariffs.
The ambassador said he’s been in touch with various federal bureaucrats in Canada about forming some sort of partnership. He said both countries stand to lose economically if the United Nations and World Trade Organization unravel.
“Both Canada and China have shouldered our international and historical responsibilities,” he said.
“China is ready to take this opportunity to work with Canada and all the other countries to firmly uphold the UN-centred international system and the WTO-centred multilateral trading regime, to (oppose) any regressive practices in the world.”
He called Trump’s threats to annex other countries and infringe on Canadian sovereignty “typical hegemonic and bullying actions.”
It all amounts to “diplomatic bargain-hunting,” said Paris, a former foreign policy adviser to former prime minister Justin Trudeau. “It’s a fairly transparent attempt to curry favour with countries that are feeling alienated from the United States,” he said.
https://www.ctvnews.ca/world/trumps-tariffs/article/china-says-it-wants-to-partner-with-canada-to-push-back-against-american-bullying/
Nationalism surges in Mexico amid Trump threats
Today, Mexico is once again locked in battle with the United States, this time facing an American president who is hurling insults, tariffs and threatening U.S. drone strikes here. Many see it as just the latest chapter in an age-old tale of U.S. aggression.
“In Mexico there’s a perception that the United States is the villain of our story,” said historian Alejandro Rosas. “That’s the narrative you grow up with, it’s what they teach you in school. We’ve been victims of the United States forever.”
“It’s unfair,” said Monserrat Martínez Hernández, 20, a college student who snapped selfies alongside her mother, sister and two cousins.
“They already took away half our territory,” she said of the United States. “Now they want to abuse their power again, this time from an economic perspective.”
Since Trump took office in January, Mexico has been seized by a wave of nationalistic zeal.
On TikTok, users have demanded a boycott of American products, filming themselves pouring Coca Cola down the drain. Companies have embraced the red, green and white of the Mexican flag in ad campaigns.
After the government announced a relaunch of the “Hecho en Mexico,” or “Made in Mexico,” seal on locally produced products, Grupo Modelo said it would print the slogan on its beer bottle caps.
Leading the way is Mexican President Claudia Sheinbaum, who has both stoked — and benefited from — the surge in national pride.
She seems to work the word for sovereignty — soberano — into almost every speech.
Tellingly, she has often invoked history in her effort to rally support.
This month she marked the anniversary of the sixth-month long U.S. occupation of the port city of Veracruz in 1914.
“Mexico is and always will be a great country,” Sheinbaum told a stadium filled with smartly dressed naval officers. “We are neither a protectorate nor a colony of any foreign nation.”
Recently, Sheinbaum used the word “traitor” to describe an opposition party member who voiced support for a U.S. effort to designate drug cartels as “terrorist” groups. She compared him with the conservative Mexicans who, in the 1850s, invited the French to help overthrow the liberal government of President Benito Juarez. The French ended up occupying Mexico for several years, briefly installing Ferdinand Maximilian Joseph, an Austrian duke, as emperor.
At the Niños Héroes monument, Mexicans reflected on that past and possible conflicts — economic ones — looming in the future.
Felix de la Rosa, 64, a chemical engineer from the state of Coahuila, which borders Texas, says he visits the monument every time he’s in Mexico City.
“As Mexicans, we have to unite for this new battle — which is a trade war,” he said. “But we shouldn’t bow our heads without fighting. I think the boy heroes are a great example, and that is how we should act, with great courage and dignity in the face of this new battle.”
But for some, the lesson of history is that Mexico may again suffer the fate of being neighbor to one of the most powerful countries in the world.
“The truth is, our country doesn’t have the economic strength they have,” said Gerardo Santos, a 33-year-old businessman. “Our country is weaker, and President Trump knows this and takes advantage of it.”
“In the end, the gringos will win again,” he said. “There’s nothing we can do about a man like Trump. The guy is crazy.”
https://www.msn.com/en-us/news/world/the-united-states-is-the-villain-of-our-story-nationalism-surges-in-mexico-amid-trump-threats/ar-AA1DB9Ui
You lost Texas, you lost the war and we took territory all the way to California, then later we gave you some spare change to buy Southern Arizona to build a railroad.
Get over it.
The Texas Rangers went down there with 100 guys on horses and defeated an entire army. So what would have happened to these areas if we hadn’t taken them from Mexico? They would be crime ridden corrupt sh$tholes.
There is a saying in Mexico: when the USA sneezes, Mexico catches pneumonia.
The tariffs must have MexPrez Claudia terrified.
One thing is clear: Both the Dems and Mexico’s MORENA party love gang bangers.
‘Recently, Sheinbaum used the word “traitor” to describe an opposition party member who voiced support for a U.S. effort to designate drug cartels as “terrorist” groups. She compared him with the conservative Mexicans who, in the 1850s, invited the French to help overthrow the liberal government of President Benito Juarez’
I posted an article recently quoting a Mexican politician who accused the ‘narco-left’ of protecting these monsters. After we smash and buy K-da we should turn our fire on Mejico.
People wonder why there is no accountability for what the US Government inflicted on its Citizens in terms of Response to Covid and chem trails and anything they deem “Countermeasures” to Declared Emergencies.
under Obama the “Prep Act” was expanded to give immunity as to “countermeasures” employed by Government/Military to a Declaration of National Security Threat, or declared emergency.
They gave the power in one Individual to Declare these threats or Emergencies under the Head of the HHS which Bobby Kennedy holds that position now.
Biden extended the Covid 19 emergency to 2029, which explains why the MRNA killer vaccines have not been removed from market. Its explains why nobody can sue vaccine companies, or Health Authorities, the Government , etc for accountability on their Covid 19 Response.
Even States that have banned chem trailing can’t get this stopped because its under the Prep Act.
In spite of this Prep Act overriding the US Constitution, amendments, freedoms , etc, it gives blatant immunity to the Government and Health Authorities.
But IMHO, the US Amendments states that no law can be made that violates the Constitution , but this Prep Act clearly violates that basic principal . But you see no lawsuit
addressing this Power by the Prep Act to override all protections contained in Constitution.
They can violate “known consent” and that is why people just got blank inserts to the Covid vaccine.
But, as I understand it, the Head of HHS can suspend this Declaration involving any emergency or threat, at any time.
Now, we know that giving this kind of power to One Health Agency Head is nuts , but they set this up prior to Covid 19 to make it possible to do what they did as response to Covid, with immunity to their acts.
So as long as this Prep Act is operative and it isn’t stopped by ONE MAN as just ONE HEAD of A US Government Health Agency, that has power to revoke, than US Citizens can’t stop hideous crimes done to them.
Giving One Health Agency Head that kind of Power without requirement for any check and balance is nuts to begin with.
As you know, they were also trying to make Treaties with the World Health Organization to have unlimited power to override all Sovereign States on global Health Policies.
There are People in the known that are saying this Prep Act is what needs to be stopped , as well as Unconstitutional powers given to Health Agency regarding emergency or National Security threats.
And under their broad definition of Emergencies or National Security threats it can be anything from climate change to pandemics, to racism and terrorism, to economic events, or free speech threats, or right to chem trails, will full immunity or accountability for their acts.
Just saying people don’t even know how they pulled off these crimes against humanity and how they will continue to try to pull it off.
IMHO, this Prep Act was the means by which
How the public’s shift on immigration paved the way for Trump’s crackdown
Since returning to the White House, President Donald Trump has launched an unprecedented campaign of immigration enforcement that’s pushed the limits of executive power and clashed with federal judges trying to restrain him. But unlike in his first term, Trump’s efforts haven’t sparked the kind of widespread condemnation or protests that led him to retreat from some unpopular positions.
Instead, immigration has emerged as one of Trump’s strongest issues in public polling, reflecting his grip on the Republican base and a broader shift in public sentiment driven in part, interviews suggest, by anger at the policies of his predecessor, Democrat Joe Biden.
The White House has seized on this shift, mocking critics and egging on Democrats to engage on an issue Trump’s team sees as a win.
The changing views are evident in places like northern New Jersey’s suburban Passaic County, one of the former Democratic strongholds where Trump overperformed in November.
Trump became the first Republican to win the county in more than 30 years. He carried the heavily Latino city of Passaic and significantly increased his support in Paterson, the state’s third-largest city, which is majority Latino and also has a large Muslim community. He drew 13,819 votes after winning 3,999 in 2016. Having lost New Jersey by nearly 16 percentage points to Biden in 2020, Trump narrowed that margin to 6 percentage points last year.
Paterson resident Sunny Cumur, 54, a truck driver who immigrated from Turkey in the late 1990s, describes himself as a Democrat who doesn’t usually vote. But he wanted Trump to win, he said, because he was concerned about the border under Biden.
While studies show immigrants are generally less likely to commit crimes than native-born Americans, local news in New York and other cities frequently featured what Trump took to calling “migrant crime.”
“What Biden did, they opened all the borders and a lot of people come here for political asylum. Come on! They don’t even check if they are terrorists or not,” Cumur said. “Throw ’em out. I don’t want to live with criminals,” he said.
https://www.kob.com/news/us-and-world-news/how-the-publics-shift-on-immigration-paved-the-way-for-trumps-crackdown-2/
Make the tuba circus music stop. Please.
Ooompah, Ooompah!
Too bad your immigrant coworkers are from northern Mexico, If they were from southern Mexico they wouldn’t care for the MexiPolkas
‘Despite spending $20,000 upgrading the kitchen and the bathrooms, she has seen virtually no potential buyers. She has lowered the price twice with no luck. It is currently listed for $255,000. ‘Because it wasn’t moving…And…I wanted to sell it,’ Villalona said of why she lowered the price. Villalona says her fund restoration fees have increased ‘three times already’ because of the law, from about $20,000, to now over $50,000. ‘Well, it used to be 20 and then they went to 35, and now I owe over 50,’ Villalona said. In hindsight, would Villalona have still bought the condo back in 2021? ‘Probably not this one’
It was still way cheaper than renting Mayra.
‘Two clients, just as immediate examples for the sake of the conversation, who are relocating and changing plans [due to Washington cut]. You know we’re going to be listing and selling their home because they’re relocating to a different location because of the impact that it’s had. I don’t want that to be nightmare fuel. That’s, you know, those are two lone examples,’ said Cullion. ‘I don’t believe myself, call me naive, that it’s a title wave happening, but of course it’s being impactful’
The HBB is happy to do its part to turn it into nightmare fuel Josh.
‘I personally expected it to sell very quickly’
Of course you did Chet.
Not getting any worthwhile bites, he dropped the price of the home from $3.5 million to $3 million. But he was getting what he considered to be lowball offers. With the economic uncertainty surrounding the Trump administration’s new policies…and a real-estate investor, doesn’t want to keep cutting the asking price just to sell the home he and his father own…‘If I had to sell it, then of course I would just feed into the death spiral and just drop the price’ until an offer comes in’
Yer doing the right thing Chet. Hold the line, don’t start a death spiral!
‘That was really alarming to see, because when you look 10 years from now, a monthly payment was going to be projected at over $4,000’
And that’s just the reserve thing John, you also have a whopping loan to pay back!
‘They’re being very unreasonable. They’re not answering our questions,’ Rodriguez said. ‘I wouldn’t recommend anybody move in and take on this HOA the way it is. I would tell them, run the other way’
I want to thank Maria for today’s HBB Pitfalls of Commie Urban Living™.
All these condo boards all ran out of other people’s money,
Weird when you don’t get to kick the can down the road, use other people’s money to solve the problem how much more expensive it is to be in a condo building.
I concluded long ago that these Commie Urban Living™ arrangements don’t work anywhere. Even SF HOAs are a mess.
‘He is believed to have owned apartment units across the country. There are about 800 homes spread among the Baltimore apartment complexes, Dutch Village and Pleasantview, according to legal filings. From the start, the bank alleged that Steiner had misled them. Steiner stated in loan documents that he bought the two properties for $173 million instead of the $115 million he actually paid, the bank’s attorneys wrote in court filings’
That’s some sound lending right there.
‘Steiner’s attorneys faulted the bank for approving the loan in the first place’
We had an Australian woman say the same thing this past week.
don’t worry, i’m sure the independent 3rd party appraisers totally checked out and managed to get a proper and supported number.
hahahahaha, I slay myself.
‘For most of the last decade, the skyline in the nation’s capital was defined not only by the Capitol and the Washington Monument but by a flock of construction cranes. Over the last year, most of those cranes have disappeared…The market for financing new housing in D.C. has become frozen, MRP Realty principal Matt Robinson and other developers said, in large part due to the high levels of unpaid rent that are depleting the income of landlords across the city’
I did mention you guys would regret telling people they didn’t have to pay their bills during minor respiratory illness Matt.
‘Jayachandran, CEO of nonprofit affordable housing developer National Housing Trust, said at a Bisnow event Tuesday the firm has five affordable properties that are losing money due to high levels of unpaid rent. She said the nonprofit is having to put more money in to hold onto the assets, and it is trying to sell one of them because it can’t afford to maintain the property. She said it had a deal in the works for a new affordable housing development with tax credits lined up, but the lender, which she declined to name, backed out because of uncertainty in the city. ‘Their credit folks have decided D.C. is not a good investment right now’
Orange man bad is coming for those ‘affordable’ housing tax credit scams too Priya.
‘Unsold new condominium inventory in the first quarter of 2025 totaled 23,918 units according to the report, which was an increase of six per cent and equal to 78 months of supply’
Is that a lot Shaun?
‘Recently he has seen a flurry of offers from bidders who are standing firm with their original offer. ‘Buyers are trying to steal places,’ Mr. Rocca says. In some cases, he senses, inexperienced agents representing buyers are not educating their clients. In those cases, buyers make a take-it-or-leave-it-offer that the sellers reject, and then there’s no room for haggling’
That’s the spirit buyers!
‘But after the booking, red flags surfaced. Legal issues, a builder with a shady track record, and worse — the same flat was offered to a friend weeks later at ₹10 lakhs less. ‘Then began the painful 100+ follow-ups to get my booking amount refunded’
You clearly don’t have what it takes to be a winnah! user. You will rue that day. The article even mentioned Bangalore is ‘white hot’!
Recommended action.
Repeal Prep Act.
Repeal that One Health Agency head can declare National Security Threat or global Emergency. Giving that kind of power to One Head of One US Health Agency, without any check or balance, or requirements of proof of alleged emergencies or threats is outrageous, also with no accountability.
Pull from the corrupt World Health Agency, and the UN that are trying to override all Sovereign States constitutional protections and freedoms for unlimited powers.
Pull from Paris Agreements or any agreement involving climate change and Panademics or anything under the broad spectrum of what is deemed a emergency.
Somehow, put check and balance on “Trust The Science” in that the evidence shows massive corruption and fraud in Science and the silencing of dispute to consensus in Science. Separate “Corporate Capture” from Science, corrupt peer review, etc.
Defund tax dollars funding gain of function bio weapons.and also other Pharmacy research that government tax dollars should not be funding.
Don’t allow private party partnerships with governments because this is a violation and corruption of the separation of Government from undue influence, bribery, corruption etc.
Even foundations that enjoy tax exempt status should have no power to partner with Governments on programs
as if the pet peeve of that foundation should become a government policy. And private party Monopolies should have no right to have a partnership with government and that is facism.
Eliminate that its possible that someone like a Bill Gates, as a unelected private party, could dictate vaccine policies, chem trail policies, release of bugs, block out sun, or anything that should not be enforced by One Private party rich person..He just gets the government to pay for his pet peeve projects and he ends up making him a fortune , because of his partnerships with government under the illusion of humanitarian projects.
Banned Congress or Senate, Executive Branch or Judicial Branch from making money on stocks, bonds etc during their public service in that they have insider knowledge, or could make policy that would enrich themselves financially. The evidence shows that a good
portion of the Federal government has become wealthy by insider knowledge, or deliberate policy to make them wealthy, or pre knowledge or insider knowledge of economics events.
A Monopoly, that has corrupted the entire medical system is Big Pharmacy and Big Insurance. Put the necessary protections in place to separate the health agencies and the Government protection agencies from this corrupt and often fraudulent capture by these Entities.
Don’t allow undisclosed funding of tax dollars of any private party non government organization , especially ones that have a political agenda or ones that redirect funds to a political party, or a government employee, or their family or friends, or a foreign emeny.
Get rid of Federal Reserve, that’s A private party, that is rigging economic systems to steal the world from humanity.
Bring back Glass Steagall type laws to prevent Banks and Investment firms from creating money by the leveraging of assets without reasonable reserves to back that false creation of money .
Look, I could go on and on but its pretty clear that all that I speak of was rigged for the ultimate end game of humanity owning nothing, eating bugs, under slavery by THE POWERS THAT BE.
As shocking and as unbelievable as all this is, you can come to no other viable conclusion on the.warfare that has been launched against humanity.
FBI Arrests Wisconsin Judge Hannah Dugan Over Obstructing, Trump Admin Says
The FBI arrested a Milwaukee County, Wisconsin, circuit judge for allegedly assisting an illegal immigrant in evading arrest, confirmed top officials with the Trump administration on Friday.
Judge Hannah Dugan was arrested on obstruction charges, Kash Patel confirmed in a post on X on Friday. The FBI made the arrest “after evidence of Judge Dugan obstructing an immigration arrest operation last week,” he added
“We believe Judge Dugan intentionally misdirected federal agents away from the subject to be arrested in her courthouse, Eduardo Flore- Ruiz, allowing the subject—an illegal alien—to evade arrest,” the FBI director said.
Patel said that Flores-Ruiz is also in federal custody but added that the judge’s alleged “obstruction created increased danger to the public.”
U.S. Attorney General Pam Bondi later confirmed on social media that Dugan was arrested for allegedly helping an illegal immigrant evade U.S. Immigration and Enforcement (ICE) officials. Other details about the alleged incident were not provided by either Patel or Bondi.
Court records detailing Dugan’s arrest show that she was charged with obstructing or impeding a proceeding before a department or agency of the United States and concealing an individual to prevent his discovery and arrest.
An Associated Press reporter said that Dugan appeared in a federal court hearing on Friday, and she was released from custody.
A lawyer for Dugan, Craig Mastantuono, said during the court hearing that the judge “wholeheartedly regrets and protests her arrest. It was not made in the interest of public safety,” according to the AP reporter.
In the court filing that was unsealed Friday, it included an affidavit from a FBI special agent who provided more details about the incident. When federal immigration agents traveled to the Milwaukee County Courthouse with an arrest warrant to detain Flores-Ruiz earlier this month, at one point, Dugan escorted the man through a jury door to allegedly avoid being arrested
“Despite having been advised of the administrative warrant for the arrest of Flores-Ruiz, Judge Dugan then escorted Flores-Ruiz and his counsel out of the courtroom through the ‘jury door,’ which leads to a nonpublic area of the courthouse,” the FBI special agent said, adding that the scenario was “unusual.”
Later, Flores-Ruiz escaped the courthouse and was arrested by federal agents “after a foot chose,” the affidavit said.
Dugan’s arrest comes after a former New Mexico judge and his wife were arrested on Thursday after prosecutors alleged they allowed an illegal immigrant and Tren de Aragua gang member to live on their property.
https://www.theepochtimes.com/us/fbi-arrests-wisconsin-judge-hannah-dugan-over-obstructing-kash-patel-says-5847475
+1
She can get deported too. Go live among your people who you value more than U.S. citizens and taxpayers.
Appointing Democrat-Bolshevik subversives with no allegiance to America or the Constitution to judicial or law enforcement posts has predictable consequences.
Ok, forgot to say the PREP ACT was placed into law on December 30, 2005.
“100% safe and effective”
https://www.thefocalpoints.com/p/breaking-study-identifies-86-serious?utm_source=publication-search
BREAKING: Study Identifies 86 Serious Neuropsychiatric Safety Signals Linked to COVID-19 Vaccination
CDC/FDA safety thresholds breached for 86 adverse events including dementia, schizophrenia, suicidal and homicidal thoughts, stroke, psychosis, depression, cognitive impairment, delusions, and more.
Nicolas Hulscher, MPH | Apr 14, 2025
“The study by Thorp et al titled, Association between COVID-19 Vaccination and Neuropsychiatric Conditions, was just uploaded to the Preprints.org preprint server. They analyzed VAERS data from January 1990 through December 2024 and identified alarming increases in 86 adverse events related to brain function, behavior, and cognition following COVID-19 mRNA injection:”
“Conclusions: There are alarming safety signals regarding neuropsychiatric conditions following COVID-19 vaccination, compared to the influenza vaccinations alone and to all other vaccinations combined. These data raise concerns about long-term consequences, including continued cognitive decline, dementia, and neuropsychiatric morbidity and mortality. An immediate global moratorium on COVID-19 vaccination is warranted.”
https://www.preprints.org/manuscript/202504.1099/v1
Association between COVID-19 Vaccination and Neuropsychiatric
James Thorp, Claire Rogers *, Kirstin Cosgrove, Steven Hatfill, Peter Breggin, Drew Pinsky, Peter McCullough
This version is not peer-reviewed.
Discussion
“We found multiple concerning safety signals within the CDC/FDA Vaccine Adverse Event Reporting System (VAERS) related to COVID-19 vaccinations and neuropsychiatric disorders.”
“The Association of COVID-19 Vaccinations and Cognitive Neuropsychiatric Disorders
The authors identified 47 lower-level group terms (LLT) associated with cognitive neuropsychiatric disorders within VAERS.”
“The Association of COVID-19 Vaccinations and General Neuropsychiatric Disorders
The authors identified 28 lower-level group terms (LLT) associated with general neuropsychiatric disorders within VAERS.”
“Association of COVID-19 Vaccinations and Neuropsychiatric Suicidal/Homicidal Disorders
The most severe spectrum of neuropsychiatric disorders includes suicidal and homicidal behaviors. We have identified 11 lower-level group terms (LLT) associated with these severe neuropsychiatric disorders within the VAERS database.”
The Democrat Party’s new master, while every bit as evil as his “billionaire philantrophist” father, isn’t as effective as a controller of the termites in the foundations.
https://www.breitbart.com/politics/2025/04/25/29882884son-not-the-second-coming-of-soros-influence-mag-reports/
‘I’m on Social Security and I’m disabled and I’m a single parent. I would not be able to afford that assessment,’ said Maria Rodriguez, a condo owner of 22 years.”
Maybe it’s my math but this just adds up wrong.
Judge Hannah Dugan (D), arrested today for harboring illegal aliens, was previously a director for Catholic Charities, which has been a primary taxpayer-funded facilitator for the Great Replacement FedGov-sponsored flood tide of illegals.
https://x.com/merissahansen17/status/1915860203477864948
Democrat-Bolshevik judges will always use their positions to advance Soros agendas like open borders & demographic replacement.
https://x.com/CollinRugg/status/1915785680594366777
Treasury Secretary Bessent Just Revealed The USA’s Grand Masterplan.
Tech Chasm
12 hours ago
https://www.youtube.com/watch?v=JdQYpVWtIik
21 minutes. At 17:15 ‘The history of humanity teaches a simple lesson: energy abundance sparks economic abundance.’