From HousingWire:
Investors are purchasing fewer homes, but they still account for nearly 25% of sales
The share of single-family homes sold to investors peaked at nearly 30% at the start of this year, but these types of transactions dropped significantly in the ensuing six months, according to a CoreLogic report released Wednesday.
Investor purchases began to decline in March 2024 and by June represented 23.4% of all U.S. home sales. That was the lowest share in two years, CoreLogic economist Thomas Malone noted in the report. But investor activity is still higher than it was prior to the COVID-19 pandemic, when their purchase share bounced between 15% to 20%.
”The decline since March is sharp, but it is not clear that it will last,” Malone wrote. ”This drop could just be a seasonal movement that comes from (consumer) buyers being more active during the summer months. Whether the slump persists will be determined by whether buyers remain active this fall when interest rates are anticipated to drop.”
CoreLogic reported that the number of investor home purchases in June 2024 had been slashed to 80,000. That was down from 112,000 in June 2023 and nearly half of the peak rate of 149,000 purchases in June 2021, when mortgage rates bottomed out below 3%.
Real estate investors have been accused of driving up home prices across the country. A report released in May by theGovernment Accountability Office concluded while that large institutional investors like Blackstone Group and Invitation Homes may have influenced the rise in prices since the Great Recession, is it more difficult to assess whether they actually reduced homeownership opportunities.
CoreLogic added to this conclusion by noting that ”investors bring additional demand to the market, but not additional supply, so they impact prices.” But outside of a 12-month window in 2021 and 2022 where investor purchases and sale prices surged in tandem, ”the two variables don’t seem to move together.”
In July, Senate Democrats — led by Amy Klobuchar of Minnesota and Sherrod Brown of Ohio — introduced legislation that would require large corporations and private equity firms to report bulk purchases of single-family homes to the Federal Trade Commission (FTC) and the Department of Justice (DOJ) for antitrust review.
Lawmakers said at the time that the bill, which remains in the committee stage, would “stop anticompetitive transactions that could increase rents, decrease services, and push homebuyers out of the market.”
But institutional investors maintain a small presence in the context of the housing market at large, CoreLogic reported. Across the 20 largest U.S. metro areas, so-called ”mega investors,” or those that own at least 1,000 homes, represent about 1% of all purchases. Corporations that own at least 100 homes account for another 2%, while small investors who own fewer than 10 homes have a market share of 18%.
CoreLogic also separated home sales into three price buckets and found that investors accounted for 29% of all purchases in the least expensive tier — i.e., starter homes. They represented 22% of all sales in the mid-priced tier and 21% of all sales in the most expensive tier.
Firssssst
LAX,
You’re up early this morning!
Damn
NYC indicted. Impressive
Erdogan still in NY? They should pick him up too…. He has been at it for years over that 36 story building Turkish House. I would not be surprised if he didn’t grease Deblasio too as it was started way back in 2016, and then there are fire Fire Chiefs arrested a week ago for accepting bribes to fast track approvals. Their arrests makes no mention of the Turkish House however the Feds arrested them probably to get them to flip on Mayor Adams. Their indictment makes no reference to projects linked to the Turkish government or Turkish House but it does refer to a “City Hall List,” which was used by the fire department to “track inquiries and requests from City Hall in order to give priority to those projects. Mayor Adams has previously denied the existence of the priority list, so they probably needed the cooperation of the now arrested former Fire Chiefs.
https://apnews.com/article/corruption-nyc-fire-chiefs-arrested-2e03726e7303383c1fca10b0dff441ba
Nobody is above the law. Not even trump
Democrats is the party of Law, Order and anti insurrection.
Politicians are well advised not to follow trumps criminal behavior. Trump can get away with it but the rest won’t
Are investment groups buying apartment buildings in the most desirable urban hubs or groups of single family homes? It would seem that the latter would be a painful process and filled with uncertainty. Regardless, I doubt peak buying by investment groups moved the needle that much.
Threatened with jail over a scandal headlined by Brett Favre
Mark Fainaru-Wada, ESPN Staff Writer
Sep 25, 2024, 07:16 AM ET
Wolfe, a reporter with Mississippi Today, a nonprofit, online news outlet, won the Pulitzer for detailing a disturbing $77 million welfare fraud scandal in the nation’s second-poorest state, a scandal headlined by Mississippi’s most famous athlete, Brett Favre.
The reporting described how, with then-Gov. Phil Bryant in office, Favre and a handful of others scored millions of dollars that were supposed to go to welfare families but were instead used on projects that included a college volleyball facility and a concussion drug company.
Time to short Uber and Lyft?
Tesla Robot Taxi announcement on 10/10
https://electrek.co/2024/09/25/tesla-invites-robotaxi-unveiling-we-robot/
BRT,
Here’s a pretty good article explaining the mistakes made by public health officials around the use of the Covid vax. I’m not trying to make any point here, besides, maybe saying I said this ages ago. Which is, the government needs to both explain how medicine works and why the public should take advantage, making a mandate complete unnecessary and perhaps stemming the tide of conspiracy theorists. Though I had very different expectations from taking the vaccine (as well as you and other educated did). The vast majority of Americans are clueless. it’s a good read for all, nonetheless.
https://yourlocalepidemiologist.substack.com/p/why-did-americans-expect-a-perfect?
Musk always pushing ahead… always turning a vision into reality. Remember when Apple used to do that sort of thing? Steve Jobs was amazing but musk said, “Hold my beer.” Speaking of Apple, is Tim Cook the luckiest man alive? Warm a seat, make oodles of money staring into space as iPhone v. 147 is released. Watch the plebs eat it up. How long can someone ride a reputation? How does Taylor Swift do it? Bland music with no chord progressions or hooks, commanding unworldly amounts of dough. She’s a brand, not even human. Bon Jovi was a brand, too. Four or five shitty songs made him a billionaire. John Lennon hardly had four of five songs. He carried McCartney’s jock, that was enough to get him there. Hmm.. success seems to be 90% luck or these days, being the ultimate DEI candidate.
Fast: I never understood these investors purchasing SFH s in bulk. Seems like a lot of headaches and risks.
Biggest lie ever spoken. The amount of people above the law is staggering.
Very Stable Genius says:
September 26, 2024 at 7:20 am
Nobody is above the law. Not even trump
Juice,
Still a little early on the Robo Taxi.
About ten years ago, a self driving bus, also not containing any controls, was introduced in Downtown Las Vegas. It was free and the novelty of it made it very popular. I rode it and was completely unimpressed, by how slow it went, how jagged it drove and honestly, how careful it was. In NJ, it would never work as everyone drives like a selfish asshole and this buses decision making was to err on the side of caution, to the point where it took three times as long to go anywhere than it would in any other vehicle. Nonetheless, it had no driver. Until… one day, a truck, backing out of an alleyway, backed up directly into the bus. The accident was most likely caused by how slow the bus was moving. It simply could not get out of the way. The truck driver looked and couldn’t see the bus coming. The slow speed didn’t help the situation. Well, the city saw the accident as a failure of the technology and for the enterprise to continue, required the company running the bus to have a backup driver (not that it would have helped in this case) and a car which would closely tale the bus to avoid random drivers from rear ending the slow ass bus. That is when I rode the bus for the first time. The driver looked like a high school kid who could control the bus with a Nintendo Entertainment System game controller (joystick). Of course, he did nothing and simply explained why he was there to all of the passengers.
I share this story because the same thing is going to happen with the autonomous robo taxi. The moment one gets into an accident, regardless if it was the robot’s fault, the public will sour on it. Then there are the security issues and better yet, the legal issues which are still decades away from being figured out. Heck, we might have flying cars before we have self driving land rovers.
Gator Jr. and I were both a bit into slot cars. The biggest takeaway from racing slot cars is that they can go incredibly fast (scale speed of 400mph) and yet not fly off the track. Though, at top speeds, inertia will cause the car to fly off of the track on the first curve. So you learn to slow it down for the curves and open it up on the straightaways. Though, you will eventually find the max speed to allow the cars to stay in their slot on the curves and that usually is a scale speed around 300MPH. We’ve been to slot car races where the track has 10 cars, side by side racing at 300-400 MPH speeds and they never crash accept when someone goes to fast on a curve. So why not paint a colored line or better yet put a metal track in the road (so you never have to repaint it and so sensors can be used on cars instead of cameras making it weather proof as well) and put limiters on the motors/engines so speeds that would push you out of the lane cannot be obtained. We could all be driving around at 300-400 mph autonomously with no chance of a collision. There could be areas where the road would slow down to enter or exit a lane with left most lanes, being the least exited and enterred allowing for the highest speeds with the right most lane running the slowest to allow for the most transitions.
Ultimately, in thinking about auto driven vehicles, the same thing might be able to be accomplished through sensors, if EVERYONE was running the same software. Through GPS and step motors, and not cameras, the same type of thing could be done. Of course, mandating everyone purchase a new autodriving car and deeming all current cars obsolete would be a very hard sell.
You mean boo bies aren’t enough to keep your business afloat?
Hooters – known for its scantily-clad waitresses – is the latest American restaurant chain facing financial problems.
Bosses at the chain are in urgent talks with lenders and advisers as the popular chain tries to address $300 million of debts, Bloomberg reported Wednesday.
Earlier this year, Hooters shuttered around 40 ‘underperforming’ restaurants including locations Florida, Kentucky, Rhode Island, Texas and Virginia as it bid to cut costs.
But debts are mounting and more drastic action is needed for the 41-year-old brand.
Juice Box says:
September 26, 2024 at 8:47 am
Time to short Uber and Lyft?
Go to the reddit Uber and Lyft forums.
It’s only a matter of time until all of that crap implodes when drivers have had enough of both passengers and food delivery consumers.
I wouldn’t even consider doing that without packing heat.
Musk would like to see all of his pets riding in them. Hehe.
Libturd says:
September 26, 2024 at 9:36 am
Juice,
Still a little early on the Robo Taxi.
Way, way too many eateries. When I was younger, it was basically McDonald’s, Burger King and diners. Of course, a few smatterings of other places but now? You can’t compete. It’s just way too many restaurants of all sorts. Same thing with beer. I was in a food store in Upstate NY last weekend, the number of IPAs and other beer brands made my eyeballs hurt. I asked myself how they can even get enough sales to compete!
F’n cheapskates. Can’t even buy a Big Mac meal after donating 5 pints of blood.
Red Cross offers 100 “points” per unit of blood product, and when you accumulate 500 points, you get a $10 gift card, equivalent to $2 per unit.
Eddie,
What restaurants have to deal with.
https://youtu.be/OVv5gV90br4?t=362
New Jersey. Hehe
Felony Threshold by State
The majority of states have a felony theft threshold between $1,000 and 1,500. In twenty-two states, you will be charged with a felony if you steal more than $1,000 in goods. In Massachusetts and Nevada, the threshold is $1,200. Ten more states, Alabama, Delaware, Georgia, Iowa, Kansas, Maryland, Montana, Nebraska, Rhode Island, and Utah, set their threshold at $1,500.
Additionally, ten states have a threshold below $1,000. New Jersey has the lowest threshold in the country at $200. Illinois ($500), New Mexico ($500), Florida($750), Hawaii ($750), Indiana ($750), Missouri ($750), Washington ($750), Vermont ($900), and California ($950) are also states where someone will be charged with a felony for a very small amount of theft value.
Still checking at houses in Upstate NY. Nothing cheap anywhere. A 2bd/1.5bth that went for around 110K pre-covid is almost double now. I can’t justify it.
Lib, I’ll take a look at it afterwards. If you ask me there were a number of mistakes. I can list a bunch off the top of my head
1. No need to go experimental mRNA when time tested technologies already existed like adenovirus.
2. Blatant suppression of news/cases of side effects through social media/news sources
3. Universal dosing for all ages/heights/weights as opposed to recommended dosing for body type
4. Too high of an initial dosage (it was later lowered). This was the primary reason I wouldn’t let my kids get it before the other issues even were present.
5. Campaigning to dose people who already recovered from a previous infection
6. Going to war with other therapeutics that were proven to aid in recovery, it started with the corticosteroids, then extended to antivirals, and eventually they even went after monoclonal antibodies.
7. Ignoring/misreporting of data.
If you want people to trust your health authorities, the first thing they need to get over is their problem with telling lies.
How much is a gold bar in your closet worth?
Very Stable Genius says:
September 26, 2024 at 7:20 am
Nobody is above the law. Not even trump.
Except if your name is Joe corrupt Biden, who received millions from our enemies. While using 25 accounts to launder all the money, while Hunter is waiting for his free ride from prosecution. Lets not forget Pelosi, who gives new meaning to insider trading, or Menendez who just like Joe has sold our country for personal gains. VSG you are a true nitwit.
How are your two stocks doing VSG? Coin has dropped like a rock down over 100 points from its high and will fall much further once Cummmalla gets in office, and of course your other loser you picked NVO . When Bernie gets done with them NVO will fall even further. VSG wear those fancy suits and gold watches while talking on your new phone, while the rest of us are cleaning up in the markets. Hint: never put all your eggs in one basket, of course you can write it all of with your millions LOL.
re: “a little early on the Robo Taxi”
You do realize the Robo taxi does not have to be perfect. Waymo has been operating in Phoenix, LA and San Fran for years now.
Once the Robo taxi hits parity with human drivers on car accidents and deaths it’s game over. Something like s 12 deaths per 100,000 people, if the Robo car only manages to kill 10 people per 100,000 then it’s a win win for the insurance companies.. Those robo taxis will be everywhere. Elon and Tesla can pump out a million cars a year now, a few million robo taxis and it’s over for Uber and their drivers.
It’s a business. Everything is a business. Capitalism knows no limits.
Greed is good.
If you want people to trust your health authorities, the first thing they need to get over is their problem with telling lies.
I never understood these investors purchasing SFH s in bulk. Seems like a lot of headaches and risks.
I know of a guy who during the 2006-2008 crash was picking up homes left and right for $200k in Concord California and immediately renting them out. Ultimately, I’m sure he made out like a bandit. There’s value out there at certain times but at this stage, the risk is way too high and the downside is way too much. Like I said, we have a state trooper in the family who just bought two weeks ago and is already depressed as he’s probably come to the realization that this purchase is going to financially ruin him the next 5 or 6 years.
Just pay Lib to find you one
Fast Eddie says:
September 26, 2024 at 10:03 am
Still checking at houses in Upstate NY. Nothing cheap anywhere. A 2bd/1.5bth that went for around 110K pre-covid is almost double now. I can’t justify it.
Happy wife, happy life. Hehe
Like I said, we have a state trooper in the family who just bought two weeks ago and is already depressed as he’s probably come to the realization that this purchase is going to financially ruin him the next 5 or 6 years.
Really? I can’t think of a better time when it’s good to experiment on humans, while they are scared to death and willing to have anything, anything injected into their bodies.
Plus to have your government approve and pay dearly for it. Oh, there was a need. A glorious, glorious need.
1. No need to go experimental mRNA when time tested technologies already existed like adenovirus.
Adams pissed DC off somehow. I can’t bring myself to cheer for this indictment. FBI seems more interested in protecting DC and persecuting their enemies and whistleblowers than fighting crime lately.
Very Stable Genius says:
September 26, 2024 at 7:20 am
Nobody is above the law. Not even trump
Democrats is the party of Law, Order and anti insurrection.
D-FENS
Only one white guy caught up in the whole scandal that I can see.
Oh well. Sucks to be him.
I’m pretty lucky in that my wife and I are on the same page regarding finances, calculated risks, investments, etc. I’ve never had to hold my nose and mumble happy wife happy life to myself. Bless up!
In my opinion, most all politicians are corrupt or have dirty secrets…and it’s used as leverage against them. That’s really all that’s needed to hold political office these days.
“No one is above the law”
What a ridiculous and naive thing to say.
https://www.dailymail.co.uk/news/article-13893851/Footage-resurfaces-NYC-Mayor-Eric-Adams-Diddy-key-city.html
Chi, from yesterday. This is the account.
https://x.com/QuiverQuant
He tracks the most popular politicians trades and also spots abnormal buys out of left field. It’s not uncommon for them to be quickly followed up with some sort of favorable legislation or contract. He regularly reports whether they gained or lost on the trade as well.
A visit from Pegasus and all of your dirty secrets are out.
D-FENS says:
September 26, 2024 at 10:26 am
In my opinion, most all politicians are corrupt or have dirty secrets…and it’s used as leverage against them. That’s really all that’s needed to hold political office these days.
This is an age old story. If you cheer for censorship, if you cheer for political prosecutions, if you cheer for the justice system/IRS/FBI/Police/DHS etc… being weaponized, it’s only a matter of time before they can use it against you as well.
This is why Patriot act was so terrible. Now, there are plenty of citizens that have major regrets (or at least should) about that one. Meanwhile, the initial group that opposed it is now having a field day abusing its powers.
“Only one white guy caught up in the whole scandal that I can see.”
You mean he actually had someone in his administration that he was not a member of his immediate family?
Gary,
Here’s a freebie.
https://www.zillow.com/homedetails/452-Southwoods-Dr-Monticello-NY-12701/32786173_zpid/
Gonna cost more than that to properly remove the asbestos siding. Hehe.
Libturd says:
September 26, 2024 at 10:39 am
Gary,
Here’s a freebie.
https://www.zillow.com/homedetails/452-Southwoods-Dr-Monticello-NY-12701/32786173_zpid/
re: “Adams pissed DC off somehow?”
Nah the people they ripped off with the grift and bribery complained to the DOJ, and an investigation was opened. Warrants and wire taps were issued. It took years to build the case against Adams and the Fire Dept in general. They would not have indicted him without the hard evidence. He is done, and will eventually resign as he will become person no grata real soon. No more standing ovations, no more invites to all the parties at all of the various hot spots and restaurants around NYC that he has been accustomed to. No more page six and other TMZ type of photo ops. No more handing out Keys to the city to Puff Daddy or anyone else. Heck he might even end up on the same cell Block in Brooklyn as Puff Daddy and SBF!
BRT,
Great comment.
Patriot act is the gift that keeps on giving.
Libturd,
They sellers need to be slapped for asking that price. I have a friend who has a house up around Bethel and says it now has a large Hasidic population. Not that there’s anything wrong with that, just a matter of fact. I mean… for those looking to mingle more with protestant types and deplorables, perhaps an alternate locale needs to be considered.
But anyway, that house you posted is a knockdown. Until supply and demand is more balanced, that’s what you’ll find.
Phoenix,
Are you trying to say that sales at Hooters are sagging?
Hooters was started originally as a tax write off for a couple of wealthy Clearwater, FL dentists.
Even I would not live among the Hasidic.
You need to apply for a job writing headlines for the NY Post.
hehe
Chad Powers says:
September 26, 2024 at 10:55 am
Phoenix,
Are you trying to say that sales at Hooters are sagging?
Just saw the neighbor whose house we’re buying. Over here you make an appointment with a Notar, who makes the contract for transferring the property and payment. These guys make a killing. The house will cost us 520,000€ but we’ll have peace of mind that the house won’t be tore down and some multi-unit monstrosity is built there. As some of you probably know, when you buy a house or apartment in Germany the former owners normally remove the entire kitchen as well as the light fixtures. A bit of a strange practice, so the first thing we’ll need to do is buy a new kitchen. Just as well anyway as the last update that place had was probably in the 70s so best to start out with all appliances and cabinets fully functional.
11:01 They hate vaccines as much as BRT….
China s newest nuclear submarine sank. The Chinese of course wont acknowledge the incident. Maybe there is hope for the USA yet.
Chad: What is the point of removing the kitchen? Do they use it in the next house?
Was it made by Boeing?
That Chinese Sub sank in port, must have someone let the toilet run perhaps.
Maybe they ordered it from Temu?
11:10 That’s cool man I’d imagine some German sanitary law.
One reason their beer is so good: German Purity Laws
A new kitchen. In Germany, thinking Bosch. Cha-ching
3b,
I‘ve never been able to figure out the logic of removing the kitchen. People say, „Well you can use it in your new place.“ That never works because the space is always going to be different. In these old houses none of the walls are perfectly square either. Taking out the light fixtures is also strange. Probably has some type of legal history behind it since most people are renters and the law very much supports tenants ownership of the kitchen to include the sink and cabinets. Sure keeps the kitchen industry busy.
You are wrong. Why? Money talks and bs walks. People will not own cars unless rich. Why? It will be cheaper to use a robotaxi than own. Inevitable.
Libturd says:
September 26, 2024 at 9:36 am
Juice,
Still a little early on the Robo Taxi.
It will be cheaper to use a robotaxi than own. Inevitable.
Even people in Cuba own cars. I’m considering just building a Shelby Cobra from kit.
I’ve been very clear that vaccines have wiped diseases off the face of the planet. You need to be able discern between ones that work and ones that don’t. So in short, yeah, I don’t like ones that don’t work.
China pumping stimulus hard. They have had 5 straight quarters of deflation. They are in big trouble. Wait till they try to ship that deflation to the rest of the world. Govts are already protecting themselves, but will they be successful?
I don’t know if I see a bust in the window, but China is a major threat to making it happen. Keep an eye…
3b says:
September 26, 2024 at 11:45 am
China s newest nuclear submarine sank. The Chinese of course wont acknowledge the incident. Maybe there is hope for the USA yet.
For MAGA that can tell time.
https://gettrumpwatches.com/collections/fighter
Going to try to open your mind:
Do you understand that these autonomous vehicles will be smarter and better than human drivers in every way possible? Evolution…we are being replaced by artificial intelligence that we created. Understand this.
“In NJ, it would never work as everyone drives like a selfish asshole and this buses decision making was to err on the side of caution, to the point where it took three times as long to go anywhere than it would in any other vehicle.”
12:51 I knew you were going to say that…
“Do you understand that these autonomous vehicles will be smarter and better than human drivers in every way possible? Evolution…we are being replaced by artificial intelligence that we created. Understand this.”
Many airplanes made by Aerobus can land themselves. They are many times less likely to make a mistake than a pilot and are much smoother as they both can react to winds and turbulance quicker and with more precise adjustments than a pilot does. Yet of all of the landings that take place in planes equipped with this amazing technology, less than one percent of the time it is used. Why is that?
And to really get you going, 53% of employees are hybrid as of May 2024, 27% of employees are exclusively remote and 21% of remote-capable employees work on-site currently. It’ll never last. Even though it still does.
I think the better is now in the office maybe 2 days or less in a week. Her commute is really short. We’ve managed to create a life within a very short commute for each of us this year. It’s heavenly.
Do you know how quickly AI intelligence is increasing in intelligence? Compounding like a mofo. Just face it, the robots are coming and are already here.
“Many airplanes made by Aerobus can land themselves. They are many times less likely to make a mistake than a pilot and are much smoother as they both can react to winds and turbulance quicker and with more precise adjustments than a pilot does. Yet of all of the landings that take place in planes equipped with this amazing technology, less than one percent of the time it is used. Why is that?”
Not here to debate the writing on the wall. They tried WFH, and it failed. Wake up. No company that is serious about surviving and growing is an advocate of WFH like they were 4 years ago. Remember, when amazon was the poster boy for WFH….they said this company is a “work from anywhere company.” How that work out? The same way it did for IBM and Yahoo who tried it a decade earlier. Face it, you have to go to work to have a job.
“And to really get you going, 53% of employees are hybrid as of May 2024, 27% of employees are exclusively remote and 21% of remote-capable employees work on-site currently. It’ll never last. Even though it still does.”
D-FENS says:
September 26, 2024 at 10:13 am
“Adams pissed DC off somehow.” – BINGO!
“FBI seems more interested in protecting DC and persecuting their enemies and whistleblowers than fighting crime lately.” – BINGO!
Adams is a piker compared to SlowJoe, who over the course of his 50 years as a DC swamper has perfected the art of political corruption and built Biden Inc, who’s sole purpose is to sell access to him and enrich his family. Adams ‘crimes’ not only pale in comparison to Joe’s, they pale in comparison to DeBlasio, who spent more time creating no-show jobs for his wife than he did running the city. The difference, Adams complained about Joe’s open border. Can’t wait to see the rationalization from the Dem stooges when Adams is replaced by one of AOC’s Dem Socialist buddies.
Chad: It is bizarre, but if it works for the Germans then thats all that matters.
BREAKING NEWS!
Washington — Former New York City Mayor Rudy Giuliani, who represented former President Donald Trump in his efforts to overturn the 2020 election results, has been disbarred from practicing law in the District of Columbia, a local appeals court ruled Thursday.
Giuliani has also been the focus of a separate disbarment proceeding in Washington. In that case, the D.C. Board of Professional Responsibility recommended in May that Giuliani lose his license for good over his efforts to reverse the election results in Pennsylvania and claims made in a federal lawsuit that elections boards there were engaged in a scheme to rig the election against Trump. President Biden won the state of Pennsylvania by more than 80,000 votes.
Stu: you probably know this, but the Hasid thing is even more troubling and predatory.
When they starting taking over the neighborhood, it comes to the point that no outsider is going to want to buy. That is when the seller is corner as they collude. The Rebbi will choose the buyer, and everyone else will stand down. That single buyer will lowball the shit out of you, but there will be no one else out there. Shrewd, ruthless and evil.
Libturd says:
September 26, 2024 at 11:01 am
Even I would not live among the Hasidic.
And they are shysters with the government too. They use every angle. It should not be legal, but they are a powerful local voting block and they use it to their advantage. They are also living much like they did 400 years ago. Which is gross. They are gross. No argument from me.
Lib: NYS is finally doing something in that regard they are forcing the town of Ramapo to spend more money on public education. The state actually sued the town. The town council and school board is dominated by Hasidic members. They don’t care about public education, or anything else. They hide behind religion , but they are really a cult. They make no contribution to any town they move into. Harsh, but true.
All religions are cults.
Chad
That kitchen removal is bizarre. I thought it was weird in Texas that sellers take their fridge and washer and dryer with them.
Lib – Autoland CAT lll landings is used in real Boeing 747s for a long time now.
https://www.youtube.com/watch?v=kvhYQk6aVhY
Googled about Germans taking kitchens with them and discovered in the Netherlands they take the floors too.
Up early??
The bladder wakes me up early, I roll over & go back to sleep. After I frustrate the hell out of Chi Fi
7:04 You can take my floor, just don’t let the door hit the sore you swore you wore…
The Danish Prime Minister said Biden should agree to let Ukraine use the long range missiles to strike targets in Russia. She also said that Ukraine should be allowed to join NATO now. If NATO were to join NATO now, does that mean NATO countries would then be obligated to defend Ukraine? I am asking holistically of course.
Hold My Beer,
The first time I saw an empty kitchen in a place being offered for rent couldn’t believe it. Imagine my surprise being told I had to go out and buy a kitchen. IKEA sells kitchens over here that look pretty nice.
He lives in PA. I really hope that the deflation from China doesn’t spread. Deflation is everyone’s worst nightmare.
Just remember….inflation was literally nonexistent until they shut down the economy and f’ed up the supply lines.
“I went to Walmart today for my normal oders. It was significantly below the normal price. A lot of discounting is deflationary as it was a very noticable discount. I stopped to fill up and gas was down 14 cents more since 2 weeks ago which was down 40 cent from before. Massive deflation at pump. Then I stopped and got my normal fast food order and it was $13.69 down from $14.79 a few months ago.”’
“He is done, and will eventually resign as he will become person no grata real soon.”
No, he will go the Andrew Cuomo route. He has already said that he will not resign. He will wait for the deal of No Jail before he moves on.
For me Adams was a POS and not a true dem, but NY FBI takes out another one! Yet they still missed Donnie, Go RUdy!
Stu: you probably know this, but the Hasid thing is even more troubling and predatory.
Shrewd, ruthless and evil.
Yet, you call me Anti-Semitic!
Fab,
We preach the truth. I’ve witnessed it firsthand. Chasids also keep all business within the community. Whether it’s a plumber, an electrician or a mechanic. There is a place for it where work is often bartered to keep money from showing up on the books and taxes collected.
3B – Danes should go fuck off. We have 50% more people in NJ than that tiny fiefdom. IN WWII they signed a 10-year non-aggression pact with Nazi Germany and got invaded anyway.There is plenty more during the cold war too, they never fought…probably never will.
Let them send their children first to the front lines before our own boys…Some Prime Minester woman who will never pick up a rifle calls for Armageddon. Fuck them..
I fear it is going to get worse…Putin is 71 years old now and threatening Armageddon, according to the latest propaganda here in the USA he has some kind of terminal disease other than old age.
Lib,
How does that differ from any other ethnic group. I am sure Grim has his Polish Plumbers, and how many here have paid cash for a job and never asked for a receipt.
The Mason my Albanian neighbor referred me too would not give me the Albanian Discount!
I understand the underlying issues here, but its an interesting example of where true power lies. There is no real issues if Grims tribe have control of the Wayne School Board. But if those Catholics or Evangelicals get control and mandate charter schools all round, How does that go?
Juice
Yeah both her and that Ursula witch with a family history that reads like an aristocracy.
They don’t understand Putin at all.
Fab: It is a concerted effort by the Hasidic community to take over areas where they move in and abuse the system for their own advantage all done under the guise of religion. It is nothing like the Polish plumbers or the Irish carpenters, or Albanian masons.
Juice: If we were to go to war with Russia as part of NATO we would do the heavy lifting as always, and still get grief for some Europeans for dominating the continent and treating them like children. Of course, the Europeans did absolutely nothing when the old Yugoslavia imploded in the 1990s.
My question is if NATO was admitted to NATO, would that mean the U.S. and the rest of NATO then be obligated to help Ukraine? I assume the answer is yes.
It is nothing like the Polish plumbers or the Irish carpenters, or Albanian masons.
Don’t forget the Italian trash haulers. ;)
3b – Satmar sect up @ Kiras Joel won a few courts cases to allow them to annex 200 acres from nearby Monroe township, the land is bordering Kiryas Joel to expand their village called a new village “the village of seven springs”. Once they get village status they create their own land-use and zoning laws, allowing them to build without limits.
To her credit Gov Hochul fought back last year and put in new rules that you need to have at least 2000 people to form a village. They had planned to stuff in only 600.. You can bet they will try and stuff in 2000 now. They say it’s over but they will probably file a federal discrimination lawsuit now.
Fab,
It is completely different. I have many relatives who used to be or are still members of that community. This is how it works. It starts with a few new families in Brooklyn or Queens. Remember, if you don’t have at least five kids, you are not doing your duty to expand the tribe. So they start with 20 or so families, often related and they look for run down communities (usually black) with low taxes due to government subsidies to the poorest towns and move in together. Think Lakewood, Communipaw Ave in Jersey City or Union City or Elizabeth or Passaic. Then they buy the cheapest large commercial space they can find and make it a shule (temple). Of course, nearly none of the men work. Most just study the torah all day. Ideally, the women find an all cash business that they can run out of the home. This way the whole family can collect government checks. But this is not enough. They try to buy the mayor who sees the writing on the wall. Their eventual goal is to get their Chasedic population to be large enough to take over the school boards and municipal governments so that even their religious schools will get paid for with government dollars. I would be willing to bet anyone that on the government books, the group that pays the least in taxes and receives the most government benefits in America are the Chaseds. Heck, when the D got sick, they volunteered to help us find ways to get the his healthcare as cheap as possible. From negotiating with the insurance companies, to strategies to make our income appear lower to reviewing the thousands of pages of medical bills. Of course, we chose not take their help. In return, we would have received a lifetime of phone calls and knocks on the door to make sure we go to temple or to make sure our children were raised in the orthodox tradition. We did take advantage of the kosher pantries at the major hospitals though, where the challah and gefilite fish were excellent.
So the difference between the Poles or the Italians or whomever choose to live together is that they all do it out of comfort and for some economic advantage. The problem with when the Chasids do it, is that they have the formula down to a science and it revolves mainly around obtaining as much government assistance as is possible. Unlike immigrants, who start on assistance and eventually get jobs and off the dole. That is the last thing Chaseds want to do. Why work when you can get paid to pray?
And I am not anti-semetic nor even anti Chasid. They are doing the same thing the average Wall Street guy or real-estate developer is doing. As Lefty says, they are not exploiting loopholes. They are taking advantage of the policies as they are written. If they were truly loopholes, they would be closed.
Juice: They were sued by the NYS for underfunding Ramapo schools too. People are starting to push back.
Lib: Not just run down neighborhoods. They have taken over quite a few town in Rockland Co that might have been blue collar but certainly not run down. These towns include Ramapo, Suffren, Pomona, and Chestnut Ridge. There is one thing about taking advantage of loopholes, but this community is out right abusing the system as well.
Why work and why serve? I read recently the IDF sent draft orders to 3,000 ultra-Orthodox men over the summer. How many fled?
There is one thing about taking advantage of loopholes, but this community is out right abusing the system as well.
“Don’t hate the player, hate the game.”
Lib,
Thanks for the education. I didn’t know the inner workings. I wouldn’t put Union City in that category of rundown areas. It never was. But, I get the point.
Hmm.. maybe we should all convert to conservative Judaism and start our own tribe. :)
8 billion more for Ukraine.
O dollars more for homeless veterans.
Wave the flags boys, wave the flags.
Trump and Zelensky are going to meet today. That should be interesting.
Juice Box says:
September 27, 2024 at 10:18 am
Why work and why serve? I read recently Ukraine sent draft orders to 3,000 Ukrainian men over the summer. How many fled to the USA?
Hehe.
“murica is such an idyllic place. Hehe.
https://www.nytimes.com/2022/10/18/style/christian-girl-autumn-caitlin-covington.html?unlocked_article_code=1.N04.I2IK.EWhX6oi69r1r&smid=url-share
You paid for it. Your tax dollars. Some skanky corporation is holding your product hostage.
Welcome to America, where corporations own your government and politicians.
The National Oceanic and Atmospheric Administration for four years has used a hurricane forecasting tool that often surpasses all others in its accuracy, but it won’t release its predictions to the public, spurring concerns that it is holding back information that could help people prepare for deadly storms.
The tool, known as the HCCA model, was developed by NOAA as part of a program to reduce errors in hurricane forecasts.
In 2022, HCCA provided the most accurate track forecasts for all lead times out to four days, even beating the Hurricane Center’s official forecast.
The HCCA model produced superior two-day and three-day track forecasts to the Hurricane Center during Ian, the devastating Category 4 hurricane that struck Florida in late September 2022. That hurricane was particularly hard to predict, and better track forecasts could have improved evacuation decisions and saved lives.
But because of agreements with a vendor, NOAA has refused to release the model’s results to the public. With a massive storm headed toward a U.S. landfall this week, critics of the agreement argue taxpayer-funded forecasts should be freely and openly available.
“This HCCA model … was developed at NOAA obviously using taxpayer resources,” Jonathan Porter, senior vice president at the forecasting services company AccuWeather, said in an interview. “This is an urgent public safety issue.
If it says Boeing, your likely going-the wrong way.
The National Transportation Safety Board on Thursday issued urgent safety recommendations directing the Federal Aviation Administration and Boeing to address the potential malfunction of rudder control systems on certain 737 Max and NG jets.
Phoenix,
I know someone in Budapest. He told me, they are all there, and driving the nicest sports cars, most likely from all that money we send there.
They ran a school deficit of 10 million a few years ago and Murph just cut a check to them like it was just business as usual. Meanwhile, he’s simultaneous slashing the funding by tens of millions to nearby districts such as Toms River.
Can anyone answer my question? If Ukraine joined NATO tomorrow, would NATO including the USA of course then be at war with Russia? This in reference to the prime minister of Denmarks statement that Ukraine should be admitted to NATO now.
Libturd,
What is studying the Torah like? I find old religious texts to be boring, poorly plotted, and generally not well written. Plot holes, deux ex machina, implausible characters too. Is there some sort of embedded porn stuff that makes it more interesting for those studying it?
It’s Talmud as well which is surprisingly modern feeling sometimes.
My Catholic upbringing:
https://www.youtube.com/watch?v=-IOMNUayJjI
3b,
Article 5 must be invoked by the belligerent party.
https://www.nato.int/cps/en/natohq/topics_110496.htm
10:08 There was tension as I recall in W Orange as religious Jews wanted kosher meals in the schools. Not sure that ever went anywhere. Most opt out and attend Kushner Academy.
LOL @ user handle
3b, you would think so. But logic isn’t the strong suit of the warmongers. The EU also has been on a suicide mission in every issue so there’s that
Adam’s Puffy: Then all Ukraine would have to do is invoke Article 5 if I am reading that right. Thanks for posting it.
BRT: And were it to happen the U.S. men and women would do most of the dying.
Israel/ Lebanon battle getting uglier. I wonder if Harris has a holistic approach in solving this latest Mid East crisis?
Yes Weird is a good way to describe the current GOP. This is up there with Vance renting the dog for the campaign trail.
The @NRCC has used this picture in ads and emails supporting @DerrickforVA against Eugene Vindman! This isn’t his family! It’s the wife and kids of a friend! He literally used a prop family.
https://x.com/FPWellman/status/1839760851924033629
Can anyone answer my question? If Ukraine joined NATO tomorrow, would NATO including the USA of course then be at war with Russia? This in reference to the prime minister of Denmarks statement that Ukraine should be admitted to NATO now.
I believe that under current NATO rules a nation can’t join if they are currently at war or have an unresolved border issue-both of which apply to Ukraine. So NATO would have to change it’s rules for Ukraine to join now. Not likely to happen.
Oc1: Thanks. I guess the PM of Denmark was unaware of that. She should have done her homework.
You take deeeez nuts for breakfast
You can take deeeez nuts for lunch
There’s a tiny ahole sniffin
Like a diamond in the suuuuuuun