Builders Have No Choice But To Meet This Demand By Bringing Down Their Prices
A report from the Tampa Bay Times in Florida. “Nearly a thousand sales analyzed by the Times involved a home that sustained storm damage, according to a review of construction permits, substantial damage letters issued by local governments and code enforcement records. But since municipalities don’t uniformly track storm-damaged properties, the tally could be higher. By December, listings jumped by about 26% compared to the previous year. Lysette Ketterer, a real estate agent with Century 21 who specializes in waterfront properties, said she fielded calls from investors after the storms. She turns them away, advising her sellers not to take a low-ball offer. ‘Initially, you have that scare tactic,’ she said. ‘People act on emotion. … Some people sold for a really low price up front.’ In the areas that flooded the most, prices swiftly dropped after Hurricane Helene. In August 2024, excluding gift sales and transfers among family members, homes in surge areas went for a median price of $754,000. By February, the median price had slipped to $445,000.”
WXYZ in Michigan. “Condo owners at a Southfield residential complex are planning legal action against their homeowner’s association over what they feel are oppressive increases in monthly fees. The Cumberland Condominium HOA assessments ballooned 63% last year, and residents are still reeling from the financial impact. Some residents are now paying upward of $645 a month in HOA fees. The steep increase has resulted in liens on some properties for those unable to keep up with payments, while others, particularly retirees on fixed incomes, face difficult financial choices. ‘Some people have had to sell their condos, some people may have lost their condos. Some people have to choose between medications and actually groceries,’ Veronica Cliett said.”
The World Property Journal. “Just over 57,000 pending home sales were scrapped last month, representing 14.9% of homes that went under contract. With a surplus of sellers and limited demand, the U.S. housing market has firmly tilted into buyer’s market territory. That leverage is giving prospective homeowners more room to negotiate — or walk away entirely. ‘Buyers are being more selective and more strategic,’ said Crystal Zschirnt, a Redfin Premier agent in Dallas. ‘If a better home pops up or an inspection reveals costly repairs, they’re out. Some are also sitting tight, betting that prices or mortgage rates will fall further.’ Sellers, meanwhile, are becoming increasingly flexible — a notable reversal from the hypercompetitive pandemic-era market. ‘Sellers today are doing whatever they can to keep deals alive,’ said Van Welborn, a Redfin Premier agent in Phoenix. ‘I had one luxury buyer uncover a septic issue and negotiate a $1 million price reduction.'”
From Barron‘s. “Home builders D.R. Horton and PulteGroup stocks rose after they both reported quarterly earnings on Tuesday that were way ahead of expectations. While the numbers beat Wall Street’s estimates, the national housing market looks crummy for sellers of all kinds. Zillow on Monday said that 26.6% listings saw a price cut in June, the largest share for that month since at least 2018. The highest share of home builders since at least 2022—38%—cut prices in July, according to the National Association of Home Builders. ‘Builders often, as the last resort, cut prices,’ says Robert Dietz, the chief economist of the home builders association. ‘The fact that that [statistic] is near 40%, when a year ago, it was near 25%, is a signal that the housing market is softening.'”
“The share of these buyers purchasing from builders has increased over the past several years, Evercore analyst Stephen Kim wrote in a note earlier this month. In 2024, first-timers represented 40% of builder sales, down from the year prior but well above the 32% share before the pandemic, according to the National Association of Home Builders. ‘This isn’t good news,’ Kim said. In a resale market with a dearth of available entry-level homes, ‘builders have no choice but to meet this demand by bringing down their [average selling prices] and margins,’ he writes.”
From Caliber on California. “As of July 7, over 800 wildfire-impacted homeowners had submitted applications for permits, according to data cited in a Wired article. Fewer than 200 have been approved. On average, it takes about 55 days for the city to approve a wildfire rebuild permit; the larger Los Angeles County takes even longer. Six months after the flames died out—having damaged or destroyed more than 16,000 structures, including over 9,500 single-family homes, 1,200 duplexes, and 600 apartment units—it’s evident that suspending regulations alone isn’t solving the problem. ‘From the clients that I’ve spoken to, they’ve had to argue with their insurance company to get full replacement value or reasonable compensation, and that’s where they’re getting stuck,’ said David Hertz, an architect based in Santa Monica.”
From Silicon Valley. “An estimated 1,453 hotel rooms were under construction in the Bay Area during the first half of 2025, which represented a plunge of 46.7% from the 2,725 hotel rooms that were being built in the first half of 2024, the report shows. The region’s lodging development nosedive was worse than the construction decline in California overall and in Southern California, the Atlas Hospitality report showed. Santa Clara County: 72 hotel rooms under construction, an 89.5% drop from the 684 rooms being built during the similar period the year before. Contra Costa County, Marin County and Solano County had zero hotel rooms under construction. Widening woes have engulfed the Bay Area lodging sector. The 500-room Oakland Marriott City Center in downtown Oakland was seized through a foreclosure on July 8 that placed a $70.2 million value on a lodging tower that in 2017 was bought for $143 million.”
Real Estate Magazine in Canada. “Beyond Toronto, housing markets across Southern Ontario are experiencing some of the steepest price declines in the country. Areas like Hamilton-Burlington, Niagara, and Kitchener-Waterloo are feeling the brunt of a market downturn driven by fears over tariffs. ‘Hamilton is the poster child for the impact of steel tariffs,’ said Benjy Katchen, CEO of real estate platform Wahi. ‘We’re seeing the same sentiment-driven slowdown across much of Southern Ontario.’ With new tariff threats potentially arriving by Aug. 1, the housing market remains stuck in limbo. In Toronto, it’s a condo-specific issue, tariffs are affecting national confidence a bit, but Toronto is mainly about condos. Detached and semi-detached markets in the GTA and Greater Vancouver are holding up relatively well. But condos—there’s a real overhang right now.'”
“That overhang is driven by an influx of inventory. A flood of units has entered the market at the same time that demand is weakening, due in part to high financing costs and a slight dip in immigration. Adding to the pressure: many of these condos were purchased by investors now grappling with negative cash flow. ‘What we’re seeing right now is that the relatively most unaffordable or expensive areas of the country are experiencing the largest price declines,’ said. That trend is particularly clear in Ontario’s Greater Toronto Area (GTA) and across the Golden Horseshoe, mirroring similar weakness in British Columbia’s Lower Mainland. Sales activity and pricing have both taken a hit in recent months, but CREA’s data points to especially sharp declines in parts of Southwestern Ontario. ‘Windsor is currently experiencing the lowest sales activity in about 12 years,’ Chris Jokel, Senior Data Engineer at CREA said. ‘At the same time, it’s facing extremely high new listings and overall inventory.'”
From The Standard. “The average price tag on a home coming to market fell by more than £4,500 this month, the biggest July price drop recorded in at least two decades, according to a property website. Across Britain, the average asking price in July is £373,709, marking a £4,531 or 1.2 per cent decrease month-on-month, Rightmove said. While there is often a seasonal dip in prices in July, this is the largest monthly price drop at this time of year recorded by Rightmove over more than 20 years of data, the website said. London, and particularly inner London, has been a driver of asking price falls among new sellers, Rightmove said. Aneisha Beveridge, head of research at Hamptons, said: ‘The rental market has softened more quickly than we anticipated towards the end of last year. What initially appeared to be a London-centric slowdown has now spread across the country, with rents declining in multiple regions and growth easing elsewhere.'”
“Colleen Babcock, a property expert at Rightmove, said: ‘We’re seeing an interesting dynamic between pricing and activity levels right now. The decade-high level of buyer choice means that discerning buyers can quickly spot when a home looks overpriced compared to the many others that may be available in their area. It appears that more new sellers are conscious of this and are responding to this high-supply market with stand-out pricing to entice buyers and get their home sold.'”
From ETV Bharat. “Kashmir’s real estate sector is reeling from one of its worst downturns in years. Unsold properties are piling up, and prices have fallen to record lows. Realtors and developers report that demand has collapsed amid a broader economic slowdown and rising investor caution. ‘Over the last three years, the market has seen a major slump. Right now, most buyers are only looking at properties priced between Rs 40 to 60 lakhs,’ said Parvez Wani of Kashmir Avenue Realty. ‘High-end properties worth over Rs 1 crore simply aren’t getting any takers.’ The high-end segment, which once attracted wealthy locals and buyers from outside the Valley, has seen almost no movement.”
“‘We are now forced to list properties worth crores in lakhs,’ said Mohammad Shafi Dar, a veteran property agent based in Srinagar. ‘A three-storey house with six or seven rooms, a hall, a garden, and parking for two cars is now being offered for a few lakhs. Just a couple of years ago, that would have sold for crores. Still, there are no takers.’ Dar said he has personally suffered heavy losses in the current market. ‘Last year, I bought a house for Rs 2 crore using my life’s savings. I had planned to sell it this year for a modest gain. Now, I’m willing to let it go at a 30 percent loss, but I still can’t find a buyer,’ he said. ‘I am not alone. This has become the new normal for many of us.'”
‘Last year, I bought a house for Rs 2 crore using my life’s savings. I had planned to sell it this year for a modest gain. Now, I’m willing to let it go at a 30 percent loss, but I still can’t find a buyer,’ he said. ‘I am not alone. This has become the new normal for many of us’
Shafi:
The Ecstasy of Gold (Live) – Ennio Morricone Orchestra
https://www.youtube.com/watch?v=nOE24dd0Xmc
4 minutes.
From one the best musical scores ever!
Impressive score, but Cheech & Chong’s “Me and My Old Lady” set the standard for movie musical stylings.
https://www.youtube.com/watch?v=1egvmGzhmhg
‘Sellers today are doing whatever they can to keep deals alive…I had one luxury buyer uncover a septic issue and negotiate a $1 million price reduction’
That’s the spirit Van!
RIP Ozzy.
“builders have no choice but to meet this demand by bringing down their [average selling prices] and margins,’ he writes.”
Along with sending out notices to all their subs to cut their prices 20% or they’re gone. That’s what’s happening in my hood. Looks like the gravy train has left town.
This is what is surprising me – why is this not yet happening – asking subs for reductions. I think the subs are being firm (until they loose their Ford F350s)
Yesterday evening, I did some digging with Chat GPT regarding whether illegal immigrants are eligible for FHA mortgages. I did some more digging and summarized what I found. This artificial intelligence is awesome, btw.
Let’s start with FHA mortgages:
Before May 25, 2025:
Eligible for FHA: Citizens, Green cards, Granted Asylum, H-1B, CBP-1 Parole, TPS, Pending asylum, DACA, other valid work permit.
Not eligible for FHA: Totally undocumented (no status or pending applications)
*Policy change!* May 25, 2025: FHA updated guidelines to restrict FHA eligibility (thank you DJT!)
After policy change:
Eligible for FHA: Citizens, green cards, granted asylum
Not eligible for FHA: H-1B, CBP-1 Parole, TPS, Pending asylum, DACA, other valid work permit, totally undocumented.
Note: the individual must be eligible at time of closing, NOT at the time of application. Many pending FHA mortgages were unable to close.
Also note: The borrower must be eligible. A citizen child does not confer eligibility.
Next up: I asked whether individuals were eligible for a conventional mortgage (10+% down) which could then be bought by Fannie Mae or Freddie Mac:
Before May 25, 2025:
Eligible for Fannie/Freddie: Citizens, Green card, granted asylum, H1-B, CBP-1, TPS, DACA, other work permit
Not eligible for Fannie/Freddie: Pending asylum, totally undocumented
After May 25, 2025:
Eligible for Fannie/Freddie: Citizens, Green card, Granted Asylum, H1-B
Not eligible for Fannie/Freddie: CBP-1 parole, TPS, pending asylum, DACA, other work permit, totally undocumented.
NOTE: It’s up to the bank to verify the borrower status before selling the loan to Fannie/Freddie. If the bank knowingly accepts fraudulent docs, the bank can be charged with fraud or be forced to buy back the mortgage.
ALSO NOTE: The individual can still apply for a private or non-Fannie mortgage, but of course these are risky for the banks.
Lastly, I asked ChatGPT about eligibility for USDA no-down low-income rural mortgages (remember those?)
Before March 18, 2025:
Eligible for USDA: Citizens, Green Card, Granted Asylum, H1-B, TPS, Pending Asylum with work permit, DACA, other work permit
Not eligible for USDA: totally undocumented
*Policy change!* March 18, 2025: USDA terminated a temporary waiver that allowed some non U.S. citizens to apply for a rural mortgage. (thank you DJT!)
After March 18, 2025:
Eligible for USDA: Citizens, Green Card, Granted Asylum
Not eligible for USDA: H1-B, TPS, Pending Asylum, DACA, other work permit, totally undocumented.
That’s some good digging. I’m sure some puddle watcher will claim they ‘discovered’ this any day.
FHA is subprime by definition. USDA is strictly for poor people, zero down, so they can live on da farm. Even though almost none of the shanties they lend for are rural. Loans for every kind of illegal, sound lending!
Another thing: FHA used to be counter cyclical and F&F were pro-cyclical. Meaning FHA lends more when the market is down. A balance. They threw all that out the window years ago and every guberment backed loan is now pro-cyclical.
I would argue that FHA is worse than subprime lending that led to GFC. Especially when you factor in the forbearance nonsense.
good work – nice to know that things are being streamlined.
OK sorry, I know that was long. But this shows just how eagerly the US gov handed out non-cash housing benefits to almost anyone who filled out an application.
The other day, there was an article about some /CBP-1/TPS/Parolees who worked at JBS meatpacking. They lost their work status and were fired. Someone at JBS said “many of them are trying to buy homes.” I guess those mortgage applications were in process, but now they can’t close.
I think these parolees are being coached — if not outright funded — by NGOs to buy homes ASAP. The plan, of course, is to entrench aliens in the country and then the a squatter’s right argument to grant them amnesty because “they’re already here.”
But it looks like somebody in the 47 Admin (Miller?) is wise to all this, and just ripped gov-backed mortgage away from anyone without permanent status.
The era of Free Sh*t is OVER.
I had no idea that UDSA slammed the door on their mortgages back in March, so I assume that there are a lot of other crackdowns going on that we don’t know about. Especially now, that Medicaid, SS, IRS, and DHS are all sharing information.
For example, I read on X somewhere that “entire families were using the same SS number.” I forgot the context, but possibly families would just use the SS of their citizen child to apply for benefits, or get Medicaid for all the siblings. There was some brouhahah when DOGE found that 11-year-olds were getting SBA loans. I wonder if parents were using baby’s SS to start a drywall business. Just some speculation.
This Medicad manipulation will be very interesting as it starts to tighten up. I know that south of Seattle/Renton (i.e. Federal Way, Kent etc) there are a ton of medical services and practices that cater to 70% immigrant folks (maybe about half of those might be illegally in the country)
This is out of my depth, but I was thinking what other country even does this? If I’m not mistaken I believe most won’t allow foreigners to own unless special circumstances. Maybe I need to go down that rabbit hole to become more educated on it. But it sure seems that way.
Replacement Theory is not a theory.
2/9/2017:
“Bill Kristol asks if ‘lazy’ pockets of white working class should be replaced with ‘new Americans’.
Note that search engines do NOT want to display results for this. Washington Times link is subscriber only and Daily Caller link won’t load.
Yes, you are (were) being replaced.
Chatty found it, if you ask for the date, the name, and the quote.
It was said during an AEI panel and reported in The Washington Times. Here’s the full quote:
———-
“If things are so bad… with the white working class, don’t you want to get new Americans in? … after two or three generations of hard work everyone becomes kind of decadent, lazy, spoiled … Then luckily… you have these waves of people coming in… who really want to work hard…”
———-
This is an abbreviated quote, but … does anyone else detect an undertext here? From the sound of it, it seems that not only would lazy whites be replaced, but the lazy grandkids of hardworking immigrant non-whites would need to replaced too. Resulting in wave after wave after wave I guess. But after, say, 25 years or two waves, you would have one young generation of hardworking immigrants, and 3 older generations of lazy people being supported by … what? Another $34 trillion worth of freebies?
Of course the entire idea is balderdash. The globalists think that they need immigrants because whites got lazy. But really, it’s the other way around. Whites got “lazy” precisely because they were being replaced by immigrants. Easy answer: cut off the cheap immigrants, cut off the bennies, and cut off the seed oils while you’re at it. The young, who are naturally energetic, will be eager to work.
How many times do we hear American kids say: “I would love to study IT and coding, but why bother? They’re just going to get an H1-B anyway.” And then Vivek had the gall to blame the whites for being too lazy to study IT and coding. He was shellacked for it and rightly so. I thought he was smarter than that.
And then Vivek had the gall to blame the whites for being too lazy to study IT and coding. He was shellacked for it and rightly so. I thought he was smarter than that.
His inner bigot came out. Normally people keep that sort of stuff to themselves.
It’s well known that main goal of the “Indian diaspora” is to bring more and more Indians to the US for jobs and free stuff. Of course they need to make it look like goshdarnit there are just no Americans available.
A nice remodel, but its still a 24 year old mobile home that sold for $22,500 in 2014. I’m skeptical that you could even get financing or insurance based on the current list price of $275,900. Also, some of the properties in that neighborhood aren’t as well kept as this one. I have nothing against mobile homes and would gladly offer what the seller paid in 2014.
https://www.zillow.com/homedetails/7988-Twin-Lake-Dr-Milton-FL-32583/47885513_zpid/
Given the constant flooding, humidity and violent storms this is the “ideal” Florida shack, IMHO. It’s enough to be comfortable, and if you lose it the hit will not be a financial extinction event.
It’s not ideal for $225K. And I bet that alligators sunbathe in the back yard.
“It’s not ideal for $225K.”
Agreed. But the deep south really is double-wide country.
It looks like the 2014 price may have been just for the lot. A year before that it sold for $7,000. Surely not for the entire house!
That also looks like a pre-fab and not a true mobile home.
Suburban Stalwart Peterson Cos. Makes First D.C. Apartment Acquisition
Peterson Cos., a 60-year-old development firm known for building large projects in the suburbs of Washington, D.C., has made its inaugural multifamily acquisition in the District of Columbia.
The company paid $155M to acquire The Batley, a 432-unit mixed-use building at 1270 Fourth St. NE from JBG Smith, deed records show. The property near Union Market has 29K SF of ground-floor retail anchored by the La Cosecha food hall.
JBG Smith had sought $180M for the property, according to a notice it sent to tenants in the building this year, which Bisnow reported in March. The sale, first reported by the Washington Business Journal, is $25M below that number and well below the $205M the REIT paid for it in 2021.
https://www.bisnow.com/washington-dc/news/multifamily/peterson-cos-makes-first-dc-apartment-acquisition-with-155m-deal-130173
“1270 Fourth St. NE ”
Hmmm. Any low-number address in Northeast is very dicey. Even 30 years ago the area around Union [train] station was a haven for crime and homeless. A little further north, not 2 miles from the Capitol building, beautiful Gilded Age townhomes were falling apart and/or bombed out. The area is being fixed up, but it’s slow going.
This apartment building is less than 10 years old. Clearly they’re gentrifying the area near the Metro subway stop. But I don’t know if the gentrification will hold.
West End Office Tower Sells For Big Discount: The Boston Deal Sheet
A joint venture acquired an 11-story office tower on Bowdoin Street in Boston’s West End for well below its prior sale price. Live Oak Real Estate Investments and Tritower Financial Group bought the property for $28M, according to Newmark. The sale is less than half of the nearly $62M that an entity linked to New York Life Investments paid in 2016, according to public records.
https://www.bisnow.com/boston/news/deal-sheet/the-boston-deal-sheet-130239
Neighborhood Ventures Fund Picks Up Distressed Phoenix Rental Property
Neighborhood Ventures (NV), an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, announced the launch of Venture on Maryland, a 78‑unit multifamily community in Central Phoenix, into its Arizona Multifamily Opportunistic Fund. Acquired through a pre-foreclosure, forced sale transaction for $10.7 million (down from $17.1 million in 2022), this marks the fund’s fourth distressed‑asset purchase.
Neighborhood Ventures Jamison Manwaring added, “By stepping in pre‑foreclosure, we secured a substantial discount and positioned ourselves to drive meaningful value creation.” The company will spend over $2 million on improvements to the property.
Highlights of Venture on Maryland:
-78 Units: one‑bedroom layouts in a highly walkable neighborhood
-Pre‑foreclosure purchase at a 38% discount to 2022 valuation
https://www.connectcre.com/stories/neighborhood-ventures-fund-picks-up-distressed-phoenix-rental-property/
Shuttered drug store property in San Jose lands California buyer
A long-shuttered drugstore in San Jose where a housing development was once proposed has been bought by a Los Angeles real estate firm in a deal that hints at weaker property values for the site.
The one-time CVS Health store was bought for $3.3 million, according to documents filed on July 9 with the Santa Clara County Recorder’s Office.
The $3.3 million purchase price was 47% below the property’s estimated value of $6.2 million, as calculated by the Santa Clara County Assessor’s Office.
Slumping property values can imperil tax revenue for an array of public agencies, including cities, counties, regional agencies, and school districts.
https://www.msn.com/en-us/money/realestate/shuttered-drug-store-property-in-san-jose-lands-california-buyer/ar-AA1IJKFu
“The $3.3 million purchase price was 47% below the property’s estimated value of $6.2 million, as calculated by the Santa Clara County Assessor’s Office.“
Downtown SJ is boarded up with homeless prowling at night for anything not bolted down while brazen thugs look into parked car windows by day, and the tax folks are unwilling to acknowledge the end of the baby boomers.
Wow, not 15 years ago San Jose was the darling of dot.com. I guess they’re all working from home, or just hiring remote coders overseas.
Both
Slumping property values can imperil tax revenue for an array of public agencies, including cities, counties, regional agencies, and school districts.
because spending less money is completely unpossible.
because spending less money is completely unpossible.
My little burg had no choice when voters chose to repeal the sales tax on groceries. Revenues fell $10M and the city had no choice but to get to sawing and slashing spending.
Loveland?????
and lemme guess
they cut 10 million AND NOBODY NOTICED any actual “less government”
The government was once a steady partner for nonprofits. That’s changing
In the early days of his second term, President Donald Trump froze, cut or threatened to cut a huge range of social services programs from public safety to early childhood education to food assistance and services for refugee resettlement. Staffing cuts to federal agencies have also contributed to delays and uncertainty around future grant funds. Altogether, his policies are poised to upend decades of partnerships the federal government has built with nonprofits to help people in their communities.
This vast and interconnected set of programs funded by taxpayers has been significantly dismantled in just months, nonprofit leaders, researchers and funders say. And even deeper, permanent cuts are still possible. That uncertainty is also taking a toll on their staff and communities, the leaders said.
In response to questions about the cuts to grant funding, White House spokesperson Kush Desai said, “Instead of government largesse that’s often riddled with corruption, waste, fraud, and abuse, the Trump administration is focused on unleashing America’s economic resurgence to fuel Americans’ individual generosity.”
In 2021, $267 billion was granted to nonprofits from all levels of government, according to an analysis by the Urban Institute published in February. While the data includes tax-exempt organizations like local food pantries as well as universities and nonprofit hospitals, it underestimates the total funding that nonprofits receive from the government. It includes grants, but not contracts for services nor reimbursements from programs like Medicare. It also excludes the smallest nonprofits, which file a different, abbreviated tax form.
However, the figure does give a sense of the scale of the historic — and, until now, solid — relationship between the public sector and nonprofits over the last 50 years.
In the vast majority of the country, the typical nonprofit would run a deficit without government funding. Only in two Congressional districts — one including parts of Orange County, California, and another in the suburbs west of Atlanta — would a typical nonprofit not be in the red if they lost all of their public grant funding, the analysis found.
But in Orange County, famous for its stunning beaches, mansions and extraordinary wealth, funders, nonprofits and researchers said that finding surprised them. In part, that’s because of major economic inequalities in the county and its high cost of living.
Taryn Palumbo, executive director of Orange County Grantmakers, said nonprofits are not as optimistic about their resiliency.
“They are seeing their budgets getting slashed by 50% or 40%,” she said. “Or they’re having to look to restructure programs that they are running or how they’re serving or the number of people that they’re serving.”
Last year, the local Samueli Foundation commissioned a study of nonprofit needs in part because they were significantly increasing their grantmaking from $18.8 million in 2022 to an estimated $125 million in 2025. They found local nonprofits reported problems maintaining staff, a deep lack of investment in their operations and a dearth of flexible reserve funds.
A coalition of nonprofits challenged the freeze in court in a case that is ongoing, but in the six months since, the administration has cut, paused or discontinued a vast array of programs and grants. The impacts of some of those policy changes have been felt immediately, but many will not hit the ground until current grant funding runs out, which could be in months or years depending on the programs.
https://www.boston25news.com/news/government-was-once/XO52Q5PVK5A6BFTDGJK2MKCOYA/
They can all go get jobs in the for-profit, private sector.
Which up until November 2024, Paul Krugman assured was Muh Best Economy Ever.
LETTER: ‘Who were the micro condos intended for really?’
Dear editor,
Who were the micro condos intended for really? Were they intended to supply housing for foreign students that could be rented out by landlords?
Unfortunately with the flow of foreign students drastically cut down to address housing supply, the micro condos now being delivered stand empty.
While developers pivot to purpose-built rentals and cancel other projects while post-secondary institutions look for ways to tighten their belts.
Which raises the question of whether poor interprovincial federal and provincial communication also has played a role in this evolving mess and where next can the public expect a repeat?
So strike one even generously sized condos are excluded from the bulk of remits to make eco retrofits affordable.
And now housing built to accommodate foreign students (as who else would really want to live in a micro condo) sit empty.
So how much did this initiative also impact the real costs of maintenance for condo owners era and others with materials and labour desired to build those nano condo dwellings?
Did anyone try to coordinate what was being built and now being delivered with those in charge of the international student intake flow?
This aside from the tuition freeze post-secondary institutions also are having to work around?
Yours truly
Bev Kennedy,
Oakville, Ont.
https://www.oakvillenews.org/letters-to-the-editor/letter-who-were-the-micro-condos-intended-for-really-10950612
Micro condos are a good choice for poorer seniors and well-behaved homeless.
Also certain other folks.
My brother (very well paid) and now single, rents a 400 sq ft microcondo downtown Toronto from a desperate bagholder landlord. He doesnt need much space and all the get togethers with friends happen outside the home.
He loves it – but not sure what happens when he starts to date again.
Residents want MAGA musician’s concert at Parks Canada historic site cancelled
Some residents are calling on Parks Canada to cancel a performance by a U.S. singer and rising star in the MAGA movement at a national historic site near Halifax this week.
Christian rocker Sean Feucht has a concert scheduled for Wednesday night at the York Redoubt National Historic Site, a fortification constructed in 1793 to help protect the port city. It sits on a cliff overlooking the harbour.
Feucht, who unsuccessfully ran for U.S. congress as a Republican in 2020, is also a missionary and an author who has spoken out against the 2SLGBTQ+ community, abortion rights and critical race theory on his website.
“What I want to know is how this got approved in the first place,” said Larry Stewart, who lives in Fergusons Cove, a small community next to the historical site.
“It’s completely inappropriate,” said Eleanor Kure, a longtime resident of the area.
Feucht has called for government policy in the United States to be based on traditional Christian values in the midst of a “spiritual war” in that country.
His website calls on young people to stand up against the “progressive agenda being forced upon America.”
“I think it’s very upsetting,” said resident Nancy Hunter.
Shannon Miedema, the Liberal MP for the area, did not make herself available for an interview.
In an email to a resident that was provided to CBC News, Miedema said she’s urging Parks Canada to cancel the concert after hearing from several constituents.
“I have the utmost respect for the value of free speech, I do not believe this event aligns with Parks Canada’s core values of respect for people, equity, diversity and inclusion, or integrity,” the email read.
If it does go ahead, residents said they’ll protest the event. “I’ll be there. Maybe with the Canadian flag. Maybe with a Pride flag,” said Stewart.
https://www.cbc.ca/news/canada/nova-scotia/parks-canada-maga-sean-feucht-christian-singer-halifax-nova-scotia-1.7590342
Man wanted for murder in Guatemala arrested during traffic stop in Palm Beach County
PALM BEACH COUNTY, Fla. — A traffic stop earlier this month in Palm Beach County led to the arrest of a Guatemalan national.
Court documents note Calixto Lopez Domingo was stopped by the Florida Highway Patrol on July 10 for going 89-mph in a 65-mph zone on Interstate 95.
Lopez Domingo was also driving the vehicle without a valid driver’s license.
According to the Florida Division of Highway and Motor Vehicles, Lopez Domingo was wanted for murder in Guatemala. He was transported to the U.S. Customs and Border Protection for processing and removal from the United States.
https://www.wpbf.com/article/man-wanted-for-murder-in-guatemala-arrested-during-traffic-stop-in-palm-beach-county/65477470
This is who Muh Resistance is protesting to keep in the country.
Court documents note Calixto Lopez Domingo was stopped by the Florida Highway Patrol on July 10 for going 89-mph in a 65-mph zone on Interstate 95.
Lopez Domingo was also driving the vehicle without a valid driver’s license.
You’d think that illegals would be trying to keep a low profile, which isn’t doing 24 over the speed limit.
As families self-deport, these neighbors are stepping in to care for pets left behind
For about a month, Stefany Escamilla-Botello has been fostering three small kittens — Edward, Bella and Jasper — named after characters from one of her favorite movies, “Twilight.”
The kittens are part of a colony of community cats left behind after their longtime caretaker saw no other choice but to move to Mexico as immigration raids escalated across L.A.
“When I heard that the caretaker had self-deported, it definitely broke my heart. I definitely saw the importance of taking them in,” Escamilla-Botello said.
Marisol Ramos, who coordinates a network of volunteers that care for community cats in Boyle Heights and East L.A., helped find a foster — Escamilla-Botello — for the cats left behind after their caretaker moved to Mexico. Ramos also helps feed a different set of cat colonies the woman once looked after.
As the woman prepared to leave Boyle Heights, she didn’t want to completely abandon her community of outdoor cats, Ramos said. She had been living in the U.S. for several years and no longer wanted to live in fear.
“In some way, she had some control of the situation, [saying] ‘I can plan this out,’” Ramos said.
The issue has prompted L.A. County Supervisor Hilda Solis to direct staff to explore expanding the county’s pet foster program and to make room for more pets left behind due to immigration enforcement.
According to her directive, “pets are being found in empty apartments and homes due to their owners being taken by federal agents.” While collecting data on this issue is difficult, the county noted that the Department of Animal Care and Control “has begun to track the impact of the mass deportations on animals being accepted at their facilities.”
Since June 10, at least 15 dogs have been relinquished to the county’s Department of Animal Care and Control as a result of their owners being deported. The dogs came from Palmdale, Compton, Lennox, Covina and La Puente.
https://boyleheightsbeat.com/ice-raids-self-deport-pets-left-behind/
The Colorado AG – a Soros plant – is actively trying to impede ICE efforts to deport illegals.
https://www.fox13now.com/news/politics/colorado-attorney-general-sues-deputy-who-passed-university-of-utah-students-information-to-ice
That article is infuriating. infuriating
there’s a storm coming………….
She turns them away, advising her sellers not to take a low-ball offer. ‘Initially, you have that scare tactic,’ she said. ‘People act on emotion. … Some people sold for a really low price up front.’
What if those “lowball offers” are in fact the new market value?
As CRE goes under the auctioneer’s hammer, the wipeout of Yellen Bux “value” is becoming downright Biblical.
https://x.com/FCNightingale/status/1942397442609021347
Fearing Trump and ICE, SF immigrants go underground
The hair salon on Mission Street is dark, the front door is locked, and the chairs are empty — but the business isn’t closed. Inside, a stylist shampoos a client at a station behind a wall of products for sale, hidden from the view of any unwelcome person who may be peering in from the street.
“We’re just keeping the door closed because of immigration,” the stylist explains in Spanish, furtively checking for anyone who may be lurking outside. Then he returns to his client, both of them hiding as they go about the suddenly dangerous business of a haircut.
To some, this might look like the calm before the storm. But for the estimated 43,000 undocumented people living in San Francisco, the businesses and community groups who serve them, and the companies that employ them, it is more like the anxious scramble before the storm — a rush to bar the doors, board up the windows, and get the hell out of town if you can.
Tania opened the Mission Street hair salon in 2016, when she herself was undocumented. Today the 55-year-old Mexican immigrant has legal work authorization, but she declines to share her last name, afraid that somehow she might end up detained by ICE.
In its early days, the shop regularly spilled over with patrons waiting half an hour for $20 fades. Just six months ago, the salon employed seven hairstylists. Now Tania’s staff is down to just herself and one other stylist.
An hour before closing, the salon would usually be bustling, but today it’s empty.
Tania sits, looking tired. She describes her daily life succinctly: “Surviving.” Business is down 70% since the ICE raids began in Los Angeles in June, she says. Her clientele is mainly undocumented people, and “people are scared to go out and spend.”
Tania guesses her clients are hiding, mostly at home. But some, she’s sure, are leaving the country. “I’ve been speaking to some of my clients from Mexico,” she says. “They’re escaping. They’re returning to Mexico.”
Tania has no plans to leave, but her survival in San Francisco feels tenuous. She’d been carrying her most important documents — driver’s license, Social Security card, and authorization to legally work in the U.S., which her son helped her attain last year — everywhere out of fear.
Last month, a client stole her purse from the shop. Now her documents are gone.
When she thinks of what she lost, her chest clenches. She has high blood pressure but doesn’t want to use her Medi-Cal coverage; she worries it will affect her efforts to attain permanent residency. “Trump says he doesn’t want us to use public services,” she explains.
If business doesn’t improve, she will close her salon when the lease expires in 2026. In the meantime, without her papers, she worries about being detained and deported. “I’ve been in the U.S. 31 years, longer than I lived in Mexico,” Tania says, crying. “My whole life is here, my kids, everything. Just imagine that, leaving all that we’ve accomplished behind.”
Tania advises her clients to have faith. She regularly prays that God will touch President Donald Trump’s heart. “The law can’t constrain him; he just does what he wants. So I think that God is the only one who can stop him.”
At a mini market on the edge of Chinatown, Kevin, 29, a babyfaced cashier and Chinese immigrant, worries about his job.
Weekends used to be bustling. Now employees regularly outnumber customers. The market’s clientele is mostly Chinese immigrants. Kevin blames their absence on the fear of immigration enforcement. “ICE problem is big problem,” he explains.
Six months ago, by mid-afternoon on a weekend, the store would have sold 12 butchered pigs. On this day, it has sold seven. Usually there would be no more lobster. Instead, there are half a tank’s worth atop the seafood counter well past 3 p.m. “Look at the apples outside,” Kevin says, pointing to the front of the store, where cardboard boxes overflow. The store is throwing away more fruit than it has in the five years since he started working here.
A year ago at this time, he would have been ringing up customers until the early evening. But on this day, the employees begin cleaning up mid-afternoon. “Every day, less business,” Kevin says with a sad grin.
Ramon and Susana’s barbecue in McLaren Park has all the trappings of a midsummer family cookout. But this one is a going-away party for a married couple self-deporting back to El Salvador.
Like many Central American migrants, Ramon traveled through Mexico to arrive at the U.S. border. In 2022, he and 13 other people crossed the Rio Grande in an inflatable raft intended for six. The group made their way to a safe house in Texas, and Ramon eventually landed in a rented room in a shared house in Westlake, in San Francisco.
When Susana arrived a year later, they moved into an apartment in the Mission. The couple left their toddler son with Ramon’s parents in El Salvador. They planned to return once they’d saved $100,000 — money they would bring back to invest in a new business in El Salvador.
For three years, Ramon has worked for a flooring company. Only one person in his crew of 10 has legal work status. Susana found a well-paying job as a nanny. When her employer asked her to move with them to Texas, promising to employ her husband too, Susana and Ramon accepted. The move was planned for the beginning of 2025. Then Trump was reelected.
“When the president won, and Texas being so close to the border, we thought, ‘No, we don’t want to risk it,’” Susana says in Spanish. She quit and began nannying for another family.
“We wanted to stay” in San Francisco, Ramon says, “where people support undocumented people.”
That changed when the Trump administration began immigration raids in California. Even the Bay didn’t feel safe anymore. When Ramon lost cell service one day while on a job in Santa Cruz, his friends and family panicked.
“They were all worried, thinking that maybe ICE had arrested me.”
Ramon and Susana planned to wait things out, hoping the immigration raids would fizzle out. “But things just got more intense,” Ramon says. “So we decided, no, let’s get out of here.”
But the couple are also happy to return to their son, who’s now 6.
“Every morning when we call him, he says, ‘You’ll be here in 15 days,’” says Susana. “The next day he says, ‘You’ll be here in 14 days.’” Ramon and Susana will return just in time for his birthday. But they’re coming back with $40,000 less than they’d planned.
“If Trump wasn’t president,” Ramon says, “we’d stay another year or two.” The extra time would allow them to reach their financial goal to improve their life in El Salvador.
“I hope we can come back,” Susana says. “Right now, I think things are just going to get worse.”
https://sfstandard.com/2025/07/23/sf-undocumented-immigrants-hiding-self-deporting/
Illegals in hiding = fewer drunk & uninsured drivers on the road. Maybe my car insurance rates will finally start dropping.
Last month, a client stole her purse from the shop. Now her documents are gone.
Cue the critical drinker’s maniacal laugh.
Serious question — can she get those documents replaced? She’s apparently legal.
Hopefully she was smart enough to make copies. I suspect that with a copy she would have the info needed to get replacement papers.
The estimated 43,000 undocumented people living in San Francisco, after a quick calculation. daddy-mommy and two children living in an apartment means that approximately 11,000 housing units are not available to American citizens. And lets not talk about the jobs that should be available to the young high-schoolers who have just left school without any formal training but that can enter the workforce as trainees to the job market.
But they’re coming back with $40,000 less than they’d planned.
While they sponge off of taxpayers, illegals build up tidy nest eggs.
” “I’ve been in the U.S. 31 years…authorization to legally work in the U.S., which her son helped her attain last year.”
So she was here illegally for 31 years, and she only has a legal work permit for less than a year? What work permit did she get after 30 years? Did she apply for asylum in 1994 and go for check-ins ever since? Again, all sob story, no important details.
Homeland Security urges Americans to report former lovers to ICE
The Department of Homeland Security is encouraging Americans to report abusive ex-partners to immigration officials, touting the case of an individual who went “from domestic abuser to deported loser.”
The comments, shared in a post on X featuring a link to the Immigration and Customs Enforcement tip line, were in response to a previous post from Florida Attorney General James Uthmeier.
The Florida official, an outspoken backer of the Trump administration’s immigration agenda and the force behind the state’s now-infamous “Alligator Alcatraz” migrant detention center, described taking a tip about an abusive individual who overstayed their visa and steering the accused toward deportation.
“We recently got a tip from someone whose abusive ex overstayed a tourism visa. He is now cued up for deportation,” Uthmeier wrote. “If your ex is in this country illegally, please feel free to reach out to our office. We’d be happy to assist.”
https://www.independent.co.uk/news/world/americas/us-politics/ice-report-tip-line-immigration-ex-b2794141.html
Obnoxious MiLs in the country illegally better be on their best behavior.
https://www.youtube.com/shorts/0Bb7xkcD-a4
Never forget, never forgive. So many of Canada’s current problems are due directly to their globalist quisling government’s scamdemic-era tyranny and overreach.
https://x.com/MarketManiaCa/status/1948054402952007842
The Keynesian fraudsters at the BoJ might be the first central bank to lose control. What happens when the Japan carry trade implodes and can no longer levitate the Fed’s Ponzi markets?
https://x.com/KobeissiLetter/status/1948017331298308347
ICE agents raid Navarre landscaping business
NAVARRE, Fla. (WKRG) — Emerald Coast Lawns in Navarre was raided by ICE agents on Tuesday morning.
Federal authorities, Florida Highway Patrol and the Santa Rosa County Sheriff’s Office were in collaboration during Tuesday’s raid. It is unknown at this time how many were arrested.
Kaylee Velez, an employee of Happy Joe’s Pizza and Ice Cream, located across the street from Emerald Coast Lawns, said she and her mom saw the event unfold when driving into work Tuesday morning.
“We passed at, probably, about 6:55 a.m., and I heard her say, ‘Oh my goodness, oh my goodness,’ and I look up and there’s just about 15 cops lined up and down this road right here,” said Velez. “There was about 20 people in handcuffs sitting down by the dumpster.”
Velez added Emerald Coast Lawns employees cut Happy Joe’s grass almost every morning. With the recent raid, she feels mixed emotions towards the situation.
“I feel like it is understandable to a point,” said Velez, “But it also makes me feel bad too because most of my family is Mexican as well and I know they’re just doing their jobs or whatever, but I also know there’s a lot of laws that are broken by certain rules not being followed.”
https://www.wkrg.com/news/ice-agents-raid-navarre-landscaping-business/
Criminals and fraudsters who flocked to the USA from every corner of the globe thanks to the Biden regime’s open borders and criminal-coddling Soros DAs are learning that there’s a new sheriff in town.
https://x.com/CollinRugg/status/1946670648958624076
Fear of ICE raids is ‘dividing my family’ in Hanford
HANFORD, Calif. (KSEE/KGPE) – The Trump administration’s increased immigration raids and legal fight against birthright citizenship have a lot of the Central Valley’s Hispanic community on edge.
For almost 30 years, Antonio Aceves has used his hands picking grapes, serving thousands of meals, and building a life here in the United States. For Antonio and his sister Maria, their story starts with their father. He came to America as a Bracero, a World War II era program allowing millions of Mexican citizens to work legally in the U.S on short-term labor contracts.
“He would tell me stories about what work was like here, how difficult it was. He said it was really rough, but he said this country was a country that could offer you a lot as long as you knew how to take advantage of the opportunities here,” said Antonio.
Back in Mexico, Antonio helped run the family’s taqueria, dreaming of one day crossing the border himself. In 1996, he and his wife Maria moved to the Central Valley.
“I respect and love this country. I love Mexico, yes, because it’s my country, my homeland,” said Antonio. “But this is my country and my homeland too. I love it and respect it the same, and defend it the same.”
At 59, Antonio, his wife, and sister run a taco truck. His wife became a citizen in March. Antonio applied for his citizenship but is still waiting. He says he pays taxes, renews permits and follows the rules.
“I pay taxes every three months. Every year I pay federal taxes. I pay for insurance. I pay bills for my house. I pay all my necessary services,” said Antonio. “I pay for permits and licenses. I’m collaborating with this great country graciously!”
But this summer feels different. As Antonio looks around the once busy flea market where he sells tacos, many of the vendors and customers are gone. Afraid of the recent ICE raids.
“We’re seeing that they’re not respecting citizens, naturalized citizens, they’re not respecting people’s rights,” said Maria Aceves, Antonio’s wife. “They’re not even respecting the constitution. Why would they respect any of us?”
And now that fear is tearing apart his family, his sister is preparing to self-deport back to Mexico, the country where she was born, but is now unfamiliar with.
“What makes me most afraid are the raids you see happening. For me to get locked up, I’m not a criminal. Right now you’re seeing people get beat, mistreated, and caged, and people don’t even know where they’re being sent,” said Maria, Antonio’s sister. “That’s what makes me most fearful, so before that moment comes, I’d say it’s best I just start making my way back.”
Antonio is struggling with his mother’s dying wish for him to take care of his sister, but now he says there’s nothing he can do.
“They’re taking your right hand. I’ve lived a whole life with her for 20 years. She’s nice. honest. God loving,” said Antonio. “We don’t know anything about dealing with the justice or police system. They’re changing my life; they’re dividing my family; they’re doing real harm to us. I know this government won’t give me back my sister.”
In the end, Maria walks away on her terms but with a broken heart. Not because she committed a crime, she says, but because she dared to dream.
https://www.yourcentralvalley.com/news/local-news/family-divided-by-ice-raids/
She’ll get used to the outhouse Tony.
Ontario community demands a stop to immigration raids and transparency from local officials
The supermarket chain Stater Bros. confirmed that ICE officers entered one of its stores in Ontario on Monday morning. Videos shared in social media showed chaos and confusion among customers and employees at that moment.
Immigration officers entered unannounced and informed the store manager that they were conducting surveillance on an individual at a nearby donut shop in the same shopping plaza, said Charlotte Wall, Stater Bros. spokesperson.
“According to the agents, the individual entered our store, prompting them to follow him inside,” said Wall. “No detainments occurred.”
The incident happened at about 10:16 a.m. when rapid-response volunteers – groups reporting about ICE presence – were notified.
Department of Homeland Security (DHS) Assistant Secretary Tricia McLaughlin said via email that ICE attempted to arrest Carlos Gutierrez Caroenas, an undocumented person charged with domestic battery and driving with a suspended license.
“When Carlos Gutierrez Caroenas exited the donut shop, ICE officers clearly identified themselves and approached him. The criminal illegal alien assaulted the officer by throwing hot coffee on the officer’s face and arm, causing severe pain,” said McLaughlin. “ICE law enforcement chased him on foot to Slater Bros. Market, where management obstructed the arrest by refusing to allow officers to search the store’s bathroom—letting the criminal free.”
A witness, identified as Steph, said she spoke to the man who was shaking. He told her he threw the coffee at the officers because he was scared.
“They [ICE] are making it out to be that the man was dangerous. That’s a lie. These ICE people looked all over the store for this man, they were all told not to come in that they had no right,” said Steph. “They did not care. It broke my heart to see all that. My own dad is from Mexico and I’m afraid that this might happen to him.”
Javier Hernandez, director of the Inland Coalition for Immigrants Justice (IC4IJ), said labor unions, community members and residents of the city of Ontario are demanding two things: illegal raids to stop and transparency from local authorities.
“A judge already said that these operations cannot continue as they are happening now, where, again, ICE is showing up and just going after people,” said Hernandez outside of the Stater Bros supermarket at a press conference Monday afternoon. “This happens to be a corner where there are workers, jornaleros that do stay here looking for jobs, and this is why they were targeted.”
The group also demanded an explanation from the City of Ontario and the OPD and the reason for their presence when the operation began and why they were engaging with an arrest made by federal agents.
Luis Suarez, Ontario resident and small business owner, said they are tired of week after week seeing enforcement operations in their community going after their family members or neighbors.
He recommended businesses to be prepared – unlike Stater Bros .– and have a protocol whenever ICE enforcement enters their facility.
“ICE going inside of Stater Bros., not only to the public area but to the back warehouses, is signaling that they are lawless, that there’s no more limits to the terrorizing of our communities,” said Suarez. “But once again, as communities, we have to stand together to make sure that we are creating a sanctuary for our own people, for everyone here in Ontario,” he said.
In response to the accusations, OPD said Monday at about 9:45 a.m. officers responded to a report on the 500 block of West Holt of an assault of a federal law enforcement officer.
“Our officers responded to the scene and confirmed that the individuals involved were federal agents acting in an official capacity as they were actively attempting to apprehend a wanted individual,” said Ermes Maqueira, corporal with OPD. “This represented the entirety of our department’s role in the incident.”
The City of Ontario has been involved in controversy due to its denial of ICE’s presence. Last month, during a city council meeting, Ontario Mayor Paul Leon dismissed concerns of ICE’s presence. He responded to a 14-year-old resident’s concern by saying he is Hispanic, but he doesn’t walk in fear of being detained.
“To think that they are coming after you just because of profiling the way you look, I just haven’t seen that happen in this town yet,” he said.
Later, he apologized, saying that he just wanted to calm people’s fear. However, images showed more people being detained in Ontario, including landscapers and day labor workers.
https://www.ttownmedia.com/news/state/ontario-community-demands-a-stop-to-immigration-raids-and-transparency-from-local-officials/article_19f04f2a-bd80-5fd3-ac33-b441d4288e14.html
How ICE fears are shaping the Jackson Heights community
The fear at 26 Federal Plaza extends to pockets of immigrant communities across the city, including immigrant New Yorkers who call Queens home.
NY1 met up with Nilbia Coyote, an immigrant rights advocate, to get a firsthand look at what’s changing in the multicultural neighborhood of Jackson Heights amid ICE fears, and see how it’s impacting the local economy.
“This area, for example, is completely empty at the moment, and in the morning, this is when you see the rush of people waiting for jobs,” Coyote, executive director of New Immigrant Community Empowerment, also known as NICE, said on the corner of 69th Street and Roosevelt Avenue.
Coyote knows the neighborhood, and what she’s seeing now, she says, is a radical change. NICE is an advocacy group that’s been helping immigrants for more than 25 years.
“There’s been a lot of presence of immigration and enforcement authorities, so people are fearful. They don’t come out like they used to,” she said.
“Usually there’s a lot of foot traffic in this area, there’s music, there’s people with street vendors selling,” Coyote said. “And there’s so much less people walking, being there, less people going to the businesses, we’ve seen multiple businesses closing, shutting down, because of the lack of clients coming.”
Like Colombian restaurant, Pollos a la Brasa Marion.
“Pollos Marion is one of those businesses owned by immigrant workers that recently closed. We used to get food from them for our community members, for the participants of our programs, so it’s really sad to see them go,” Coyote said.
“There’s usually a lot of people just walking, visiting the businesses, because you have everything here,” Coyote said of the area around lunchtime.
In Lower Manhattan Monday, President Donald Trump’s border czar, Tom Homan, vowed to increase the presence of ICE agents in the city.
“Sanctuary cities are now our priority. We’re going to flood the zone,” Homan said.
Coyote says the Trump administration’s immigration crackdown is having a trickle-down effect on small businesses that are immigrant-owned or rely on immigrant workers to keep them afloat.
In Jackson Heights, 64% of the residents are foreign born. Coyote believes community members are not coming outside and spending like before.
Isabel Gil says her employers at a Colombian bakery on Roosevelt Avenue have reduced her hours because they’re seeing fewer customers coming in over concerns about ICE sightings in the neighborhood.
“For us, it’s taking hours from our schedule, and then people are not coming, and obviously, sales are down, and this is bad for the owners,” Gil said.
https://ny1.com/nyc/queens/politics/2025/07/22/how-ice-fears-are-shaping-the-jackson-heights-community
Selling, going into businesses, spending, getting food, clients… All of this takes money. Plus cash remittances home. More money. Meanwhile Americans get distressed spending an extra two bucks on gas or eggs.
Where is this money coming from? And I mean specifically, not some vague reference to “free sh!t.” I can only guess they live 10 to an apartment and use citizen children to double-dip on EBT or something. Or they’re not paying the taxes they say they’re paying.
They are masters at gaming the system and feel no shame at sucking at the taxpayers teat.
Every one of these children is getting a free lunch (and probably breakfast) at school, all paid for by taxpayers.
Where is this money coming from?
Diasporas lend money to each other.
I think that it’s also starting to sink in that things won’t “calm down” and that as more ICE agents are hired that it will only get worse for the invaders
Also it’s sinking in that they can’t hide in their apartments for 3.5 years. Money is drying up, walls are being built, criminals are being apprehended, asylum backlog is being cleared, etc. Even if Dems take the House, they won’t be able to stop what’s in the Big Beautiful Law, or the Exec Orders, at least until 2029.
The most they can hope for is Salazar’s Amnesty Bill, and that’s going to be a huge, slow, and visible fight.
‘She turns them away, advising her sellers not to take a low-ball offer. ‘Initially, you have that scare tactic,’ she said. ‘People act on emotion. … Some people sold for a really low price up front.’ In the areas that flooded the most, prices swiftly dropped after Hurricane Helene. In August 2024, excluding gift sales and transfers among family members, homes in surge areas went for a median price of $754,000. By February, the median price had slipped to $445,000’
It’s a good thing yer sellers put 45% down Lysette!
I got a request to do an exterior/occupancy inspection for this shack:
$982,800
2593 N Oakmont Dr, Flagstaff, AZ 86004
5beds 4baths 3,577sqft
Price history
Date Event Price
7/8/2005 Sold $489,000 $137/sqft
https://www.zillow.com/homedetails/2593-N-Oakmont-Dr-Flagstaff-AZ-86004/7369322_zpid/
I told them I don’t do foreclosure work in Arizona. Look at the zestimet chart. Underwater until 2016. About 500k in 2020, then rockets up to nearly a million pesos today. Obviously did multiple cash out refis along the way and stopped paying. Nothing to see here Jerry! And it’s a dump.
a million dollars????????? Besides the fact it’s right next to it’s neighbors with big pine trees (forest fire anyone?) that looks worse than some of pensecola houses that get posted.
at most, it’s a 200k house just for being in the “mountains”