With Big Big Profits on the horizon..
Excerpt - “We still are at near-record levels of inventory. So the sellers are going down to meet the buyers at their prices. The buyers have options.”
- Team up with your Chinese masters to create a fake Pandemic (Virus is real "Pandemic" is a scam)
- Get a communist puke stains for mayor of NYC and governor of NY to turn it into a shithole
- Real Estate owners flee like rats off a sinking ship at bargain basement selling prices
- Deep pocket buyers come in and pick up that 'high value' property to sell in a few years for a large profit.
Child's play. Happening in All the 'high value' property places like LA, San Francisco, Portland, etc.
Well, enjoy "your" Wednesday. Is it Your Wednesday or My Wednesday? I can never figure that out and the news presenters are not any help.
All those pukes fleeing their sh*t hole states are coming to North Idaho and have driven the prices up so high the locals can't afford to live here anymore. We have a very active group to try and slow down the growth. It's a nightmare, Kid.
ReplyDeleteToo bad we don't have good temporary housing Adrienne. Probably sometime over the next couple-3 years would be a good time to sell and wait for the housing bubble to burst and buy back at reasonable prices.
DeleteI can't remember where I read, Lake Tahoe area maybe but San Fran people were buying property for more than the asking price and sight unseen.
Sorry to hear about the puke invasion but that is likely part of the plan too. Send all the libs out to infest the red states.
Sounds about right to me, Kid.
DeleteYes, the WSJ published a kinetic map that showed streams of dots representing the moves out of New York, California, etc., and there was a nice steady stream straight from Seattle to Coeur d'Alene. An LA local went with friends house shopping in southern Idaho after a friend bought a place there sight unseen after last year's riots and looting. You can hardly get a builder in the north and prices are so high.
Baysider, and how about the Biden admin guy in charge of such things telling Cubans to Stay Away, even if you're in danger of being tortured or killed. I guess we don't want socialist hating Cubans up here. But imagine the hypocrisy. So think you can't cut it with a chainsaw. Are dem voters really down with all this?
DeleteSo thick you can't...
DeleteI think you’re in the ten-ring, Kid. Now of course, DeBlasio isn’t smart enough to figure this out, but I’ll tell you who is ... George Soros. Neither is any politician “big enough” to make such a thing happen — but again, Soros is. Of course, suggesting such a thing simply makes me a tinfoil hat wearing whacko but isn’t it true that sometimes “conspiracy” theories are conspiracy facts? Well, it's either that or I need a nap.
ReplyDeleteMuch appreciated Mustang. I also believe none of the democrat politicians are smart enough to figure anything out. They're getting their marching orders from someone or some group(s) and taking their payouts to spend on probably cocaine and trafficked child hookers.
DeletePlus this, related: https://articles.mercola.com/sites/articles/archive/2021/07/14/blackrock-buying-houses.aspx?ui=d02bde508af6ecddb65ff19dcafe58be3d4e4603968863d76f7acccd36d75a57&sd=20110602&cid_source=prnl&cid_medium=email&cid_content=art1ReadMore&cid=20210714&mid=DM935704&rid=1208032075
ReplyDeleteMajor corporate investors buying single family homes.
Great link Baysider. Thank You. Dang! I saw something today about Blackrock worth trillions or something. Anyway, even before I got to the embedded video I started thinking about this plan for people to own nothing in the future, wondering if this is part of that. Seems a good bet. Then you have Gates buying up all the farmland and government regulations putting smaller businesses out of business. Seems like some serious things on the near horizon.
DeleteGlad I'm not a young person and for more reasons than this.
Pennies on the dolla. Thank goodness everyone's distracted by statues and sex-change persynns.
ReplyDeleteDarn right LSP. DISTRACTIONS ! Taking us away from the real issue - Moon wobble to cause severe Flooding in 2030's !!
DeleteIsn't it adorable what people will believe ?
More on Environmental Social Governance in investing. https://www.zerohedge.com/markets/esg-threat
ReplyDeleteScary stuff. End run around the 'little' shareholders. "The Trump Department of Labor’s controversial rule on ESG in corporate retirement plans became final in October 2020. In effect, the rule calls Wall Street’s ESG bluff: “You claim ESG investing boosts investment returns net of costs; Show us on the basis of generally accepted investment theories.” Rather than use the Congressional Review Act to nullify this rule, the Biden Department of Labor says it won’t enforce it."
Sure is Baysider. I don't understand all that but the thoughts that come to mind are that this may explain why some companies have gone woke (and shed a bunch of their customers), and that no one is bigger than the market. In the end no one is going to buy the stock of a company that the price is not supported by the fundamentals. Not for long anyway.
DeleteBay, One other thing. The market needs to retail investor. Otherwise the wall street cats are all standing in a circle shooting at each other.
Delete...Needs THE retail investor...
DeleteI heard a guy on the radio today; and he claimed to be in the supply chain of business.
ReplyDeleteSaid, the Ships are full capacity. Make the business BID for space.
And, and, $4,000 Container Cost has gone up to $20,000 ++ up every 2 weeks.
The Shipping Companies are RAPING the business.
There is a Department of Maritime (something) that is Over Seeing (supposedly)
these actions--but the guy said, they must be looking the other way.
So we maybe in for a bad shortage of products in the near future, even tho it looks that way now.
Wells Fargo hit the Market News with Credit Lines (personal and business,(and credit cards))
completely shut down. This will crash Credit Scores. People will be able to make payments but no new purchases.
Try and Buy a House after that has hit you.
The Fed is punishing Wells Fargo. I don't think this will be a snow ball effect for every Bank
Line of Credit and or Cards.
Lets all hope.
TS, Yep. It does seem like it is getting real. I think China is behind most of it but many in position are at the trough. Feeding Frenzy like I hadn't imagined even last year.
Delete