From the NY Post:
Is Florida heading towards a new housing crisis?
A housing crisis is brewing in Florida.
A confluence of decreased homebuying and increased housing stock has created a perfect storm for would-be sellers in the Sunshine State.
The number of unsold homes in Florida rose almost 23% year-over-year, according to a new report by Redfin. The stale housing stock and a surge of cancellations has led to plummeting home prices. Some sellers have slashed prices up to 40%, and others have taken almost half a million off their asking prices, according to the Daily Mail.
Housing experts point to the state’s untenable housing fees, a glut of new post-pandemic housing stock and, of course, natural disasters.
“Bidding wars are very rare these days,” Jacksonville real estate agent Bryan Carnaggio said in a statement in the Redfin report. “With this many houses for sale, a home basically needs to look like it’s out of a magazine — and be priced fairly — to get multiple offers.”
“The end of January saw 172,209 unsold homes in Florida — the state’s highest unsold inventory since Redfin began collecting data in 2012.”
More than 41,000 home-purchase agreements in the US fell through in January, according to Redfin, and Florida recorded the highest share. Pending home sales in Florida fell 9.3% year-over-year in January.
The state’s condo inventory, in particular, is at an all-time high, according to Redfin. The single-family home inventory isn’t far behind.
Tiiiiiimbbber
Trump owes the people of America an apology for wrecking Joe Biden’s booming economy
What’s the end game?
“China has halted soybean imports from three US entities”
China has halted soybean imports from three US entities, further ratcheting up trade tensions between the world’s two largest economies
Depression. Revenge by Russia.
The Smoot-Hawley Tariff Act of 1930 raised taxes on imports to protect American jobs, but it backfired—other countries retaliated, global trade collapsed, and the Great Depression got worse. With all these new tariffs happening now, history might be about to repeat itself.
Thought this was interesting:
Here are the automakers and other companies that could be affected by the tariffs:
BMW’s plant in San Luis Potosi, Mexico, produces the 3 Series, 2 Series Coupe and M2, with nearly all output going to the U.S. and other markets worldwide.
Ford Motor Co. has three plants in Mexico. It exported just under 196,000 cars to North America in the first half of 2024, with 90% going to the U.S., according to Mexico’s AMIA.
General Motors imported roughly 750,000 vehicles from Canada or Mexico in 2024 to the U.S., with most made in Mexico, GlobalData says. They include the Chevy Silverado, GMC Sierra full-size pickups, and midsize SUVs. The Mexican plants also build two of its new EVs. GM’s three plants in Canada produce electric vans, the Chevrolet Silverado Heavy Duty truck, and the V8 engine and dual-clutch transmission.
Honda Motor sends 80% of its Mexican output to the U.S. market. It warned on Nov. 6 that it would have to consider shifting production if the U.S. imposed permanent tariffs on Mexican imports.
South Korea’s Kia Corp. has a factory in Mexico that makes its own vehicles and some Santa Fe SUVs for its affiliate Hyundai Motor for export to the United States.
Mazda exported around 120,000 vehicles from Mexico to the United States in 2023, but said it may reconsider further investments if tariffs are imposed.
Nissan Motor has two plants in Mexico where it makes the Sentra, Versa and Kicks models for the U.S. market. It produced nearly 505,000 vehicles in Mexico in the first nine months of 2024.
Stellantis operates assembly plants in Mexico making Ram pickups and vans, as well as the Jeep Compass midsize SUV. The group owns two assembly plants in Canada, one where it makes Chrysler models and another scheduled to resume output of a new Jeep model this year.
Toyota Motor builds its Tacoma pickup truck at two plants in Mexico, and sold more than 230,000 of them in the U.S. in 2023, or 10% of total sales in that market.
Volkswagen’s factory in Puebla, Mexico, made nearly 350,000 cars in 2023, including the Jetta, Tiguan and Taos, all for export to the U.S. In Canada, Volkswagen is building a battery gigafactory in Ontario, with output to begin by 2027. Volkswagen’s Audi plant in San Jose Chiapa, Mexico, makes the Q5, employing more than 5,000 people. In the first half of 2024, nearly 40,000 vehicles were exported to the U.S., according to Mexico’s AMIA.
War = Peace
Europe after years of war decides to finally spend some money to bolster its defenses. ECB is spinning up the money printing machine to fund around 800 billion dollar commitment to make weapons now.
Ursula von der Leyen Is one of those responsible for Germany only has a snail army of 67,000 troops. Too busy building their socialist utopia. Europe might need a draft if they are going to field 1/2 million troops to hold back the Russians.
I thought they had the Ukrainian’s backs? Not even giving them the weapons they need? We are in year four now since the larger invasion.
“ Europe has been stretched by the commitment to Ukraine, and failed to deliver the 1 million shells it promised to Kyiv by its deadline of early 2024.”
https://www.newsweek.com/eu-rearm-europe-plan-billions-2039139
Trump just ravaged the heavily export-oriented US agricultural industry, based in geographic areas which voted overwhelmingly for him
Very Stable Genius says:
March 4, 2025 at 6:38 am
“China has halted soybean imports from three US entities”
China has halted soybean imports from three US entities, further ratcheting up trade tensions between the world’s two largest economies
US stock futures a little red. Europe selling off hard
I’m still trying to figure out how Europe is buying gas and oil from Russia, funding their war machine while trying to back Ukraine? Anyone care to explain?
Kind of like when America buys oil from the Middle East you mean?
BREAKING NEWS!
*TARGET CEO WARNS OF PRICE HIKES IN ‘COMING DAYS’ DUE TO TARIFFS
Target CEO Brian Cornell On US Tariffs: The Consumer Will Likely See Price Increases Over The Next Couple Of Days – CNBC Interview
The S&P 500 is up 70 points since 1/1/2025; up 200 points since 11/6/2024. A 20% drop would be nice to pour in some more.
https://ec.europa.eu/eurostat/statistics-explained/index.php?title=EU_imports_of_energy_products_-_latest_developments
Russia is the #2 supplier of natural gas for the EU, at 17.6% currently, this is down from a year prior.
Russia is not a material supplier of petroleum products to the EU. China and India consume the majority here I believe.
Kind of like when America buys oil from the Middle East you mean?
Do we rely solely on the Middle East? Has our OPEC imports dropped substantially over the last few decades? What percentage does Europe get from Russia?
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTIMXX1&f=M
There’s apparently American investor that wants to fix the Northstream pipeline and restart it. cost of repairs around 80 million
EU buys more natural gas from the US than from Russia.
All kinds of denials but the story is out there. Lift sanctions and restart the Mord Stream pipelines.
https://eadaily.com/en/ampnews/2025/03/02/grenell-traveled-to-switzerland-to-negotiate-the-launch-of-nord-streams-bild
Do we rely solely on the Middle East? Has our OPEC imports dropped substantially over the last few decades?
Honestly, we need to thank Canada for helping US shift from middle eastern energy dependence.
Come on, you guys just pine for the days of trans story time, tampon Tim’s glorious entrances, multi-gendered bathrooms, adverbs and pronouns, sanctuary safe rooms, furry water dishes and remote learning. It was the best of times, was it not?
Nah, but also not looking forward to the highly likely attempt by Trump to change the law and push for a third-term, making him America’s first dictator. I’d put the odds that he attempts this north of 50% at this point. He dreams of being Putin or Xi.
Also put the odds that he triggers a massive recession at greater than 50% as well.
I think this is optimistic.
https://www.apolloacademy.com/a-modest-stagflation-shock-but-not-a-recession/
But multiple quarters of -0.5% drag on GDP can easily tip this negative if we see corporate and consumer spending pull back significantly.
If we are going by term limits. America’s first dictator was FDR . He actually died on the Throne, and is the reason why congress passed the two term limit 21st amendment. Passed in 1947 it took the states almost four years to ratify the 21sr amendment in 1951.
It could in theory take longer than Trump will be in office to repeal the 21st amendment, the states would drag it out for a long time before we got to 3/4 ratification.
Good point
Geez, the non-stop hand-wringing of blue-state men is truly pathetic. Is there anything that you toxically-feminized worrywarts are NOT scared of? Not sure how you guys sleep at night with your never-ending fear that..
– DJT will become a dictator
– the Euros won’t like us because we’re trying to end the Uke war
– your portfolio is down 1.2%
– China, Mexica and Canada won’t like us because of tariffs
– Govt will collapse because we’re firing too many workers (use the term loosely)
– DJT is in cahoots with Putin
– you’re going to get measles (you can thank Joe for that one)
– billions of people will die because we’re no longer funding tranny operas in Colombia
Pathetic — all of you!
Ursula von der Leyen Is one of those responsible for Germany only has a snail army of 67,000 troops.
She is an unelected turd. And many of the countries she is trying to control don’t want to or have to be controlled by her.
Europe is not a country, it’s a continent.
Oh, and just because “the narrative” is that Russia is going to take over all of Europe exists doesn’t make it true. Just because I eat a bowl of cereal this morning doesn’t mean I am going to ShopRite and buy every box this afternoon. That is sick brain mentality based on fear.
More than anything, the tariffs aren’t going to affect the other countries as much as it’s going to tax the poor and the middle class.
You are Trump’s target. Mostly what it really is is a consumption tax.
It’s a way to get revenue to balance the budget from the poor and middle class and allow the rich oligarchs to keep their geld.
“Honestly, we need to thank Canada for helping US shift from middle eastern energy dependence.“
And Doug ford will switch it off with a smile on his face
They hate you already. Don’t want your fuccin’ thanks. And don’t trust you either.
Grim,
What’s the end game?
Eventually some of the GOP stalwarts will retire to Argentina a bit after 1945… er, 2045.
They hate you and your fuccin’ anthem already. Don’t want your fuccin’ thanks. And don’t trust you either. They look at the two psycho old goats you have elected and think you are as unstable as an atom of Francium.
grim says:
March 4, 2025 at 7:42 am
Do we rely solely on the Middle East? Has our OPEC imports dropped substantially over the last few decades?
Honestly, we need to thank Canada for helping US shift from middle eastern energy dependence.
Because “Europe” is not a country like America. It is a continent.
There are many countries in Europe, and none of them have to listen to Ursula Von Der Lying thru her teethen.
It’s easy for a rich bitch to tell you what to do when you are broke and she is flush with cash.
Just wait till you see the social destruction in America. You just turned up the stove here, it takes time for the water to boil. A watched pot doesn’t boil. But be patient, it’s coming. It will start out subtle, like road rage, etc increasing.
Fast Eddie says:
March 4, 2025 at 7:17 am
I’m still trying to figure out how Europe is buying gas and oil from Russia, funding their war machine while trying to back Ukraine? Anyone care to explain?
Small Gov,
It’s fascinating, isn’t it? All I keep picturing is an obese Karen tossing herself on the ground in screaming agony 20 feet from the ‘aggressor’. More hilarious is watching her lie down, carefully, not throw herself to the ground. This is what the democrat party has become. All the greatest hits are back: Russia, Russia, Russia; Putin puppet, Constitutional Crisis, end of democracy, etc. How we long for the days when everyone treated us like wh0res as long as we were comfortable in our safe space. Maybe the boogeyman won’t see us.
Just wait till you see the social destruction in America.
Our youth can’t read, do math or find the Pacific Ocean on a map. I think we’re already there.
How the Germans feel about Russia.
https://youtu.be/lyuFLU2Zqz0?t=75
Stuck in Queens this morning while my kid sits the FDNY exam. At a diner living large with two Eggs poached
They are still looking for the “Gulf of America” on the map. How f’n weird is that?
Bat shit crazy is how weird that is. Only toofless Americans can get on board with that one.
Fast Eddie says:
March 4, 2025 at 9:08 am
Just wait till you see the social destruction in America.
Our youth can’t read, do math or find the Pacific Ocean on a map. I think we’re already there.
How the Russians feel about America
https://imgur.com/gallery/PFklgJ7
Honestly, we need to thank Canada for helping US shift from middle eastern energy dependence.
Why did we cancel the Keystone pipeline?
Homeland Security Bimbo, Noem reportedly stepped up to the tape and said, with a grin, “U.S.A. No. 1,” and then crossed the line into Canada and said, “The 51st state.”
“She did it at least three times and was very clear in saying, ‘U.S.A. No. 1,’ and didn’t even say ‘Canada.’ Just, ‘The 51st state’,” said Deborah Bishop, the library’s executive director, who is Canadian, speaking to the Boston Globe.
aRe wE gReat aGain ?!??
I am looking to see which domestic manufacturers will increase their prices, just to keep up with the imported goods.. ‘cuz you know, you don’t want to look cheap.
Local beer, produce grown in florida, american lumber….
BREAKING NEWS!
UPDATED TUE, MAR 4 20259:59 AM EST
Dow drops 500 points, Nasdaq flirts with correction territory as Trump’s trade war escalates
Live updates
Alex Harring
Lisa Kailai Han
Updated
March 4, 2025, 9:53 a.m. ET
11 minutes ago
Keith Bradsher, Ana Swanson and Matthew Mpoke Bigg
Here are the latest developments.
Stock markets opened lower on Tuesday, reflecting mounting investor concerns about the global economy, after President Trump imposed tariffs on Canada, Mexico and China, and Beijing and Ottawa announced swift retaliation. The escalating trade war added to global uncertainty that was compounded by the Trump administration’s decision to suspend military aid to Ukraine.
The S&P 500 fell 0.7 percent at the start of trading, adding to a 1.8 percent loss on Monday that was its sharpest decline this year. European stock markets also fell in trading on Tuesday.
Not even close. Mine has dancing Power Rangers and good music.
RentL0rd says:
March 4, 2025 at 9:26 am
How the Russians feel about America
https://imgur.com/gallery/PFklgJ7
Don’t bother.
It will be ALL OF THEM!
Capitalism rules. Azz rape your fellow Americans.
Boomer, you did this ^^^^^^^^
Don’t bother.
It will be ALL OF THEM!
Capitalism rules. Azz rape your fellow Americans.
Boomer, you did this ^^^^^^^^
RentL0rd says:
March 4, 2025 at 9:53 am
I am looking to see which domestic manufacturers will increase their prices, just to keep up with the imported goods.. ‘cuz you know, you don’t want to look cheap.
Local beer, produce grown in florida, american lumber….
America is back baby!
Somewhere in the universe Bin Laden is smiling at all of this.
He had America figured out and was willing to give his life to knock the first block out of the weak supporting wall of America, where he knew the unbridled greed resided, and would gradually eat away at the supports and structure of the country.
America is a pile of black powder, not dynamite.. All he did was light the fuse. This country is going to implode, not explode. It’s not him, or China, or Russia. Those are excuses for being weak, greedy, and self centered.
It won’t die by detonation, it will die by deflagration.
Hey, how are those housing rebuilds going in the Carolinas and California? The Ukrainians got 350B taxpayer cash. How much did the affected American taxpayers of those two states receive?
The three card DJT monte show overshadowed a US commercial company landing a robot on the moon the other day.
Drump lovers cannot find location on a map, as they cannot understand why Russia still supplying gas to some European countries. They couldn’t understand the long-term contracts, role of pipelines and decades all transaction. Tons of countries not in EU are in Europe.
Once Canada turns off the valves on crude, electric, these dumbfucks will accelerate the half-empty shale and will create havoc in the greater country and geography. But these idiots think countries buy gas just like they travel to next Shell station to pump up their beemers. We are in early days still, 2 years will be a long time to hate everything about this administration, or more about this mind-set about beloved white privilege, corporate elitism, crypto-feodalism, suppressed free-speech, “fake” cultural/racial superiority, strong-man loving dictator-sucking mentality.
The crashing of economy for reducing the interest debt will not work. Recession will be a depression soon.
Rent – I have a domestic steel pipe line. Five price increases in 6 weeks. Normally they move in increments of $50 per ton, sometimes $100. Last week was $200 per ton.
My domestic based manufacturers that also import some components and products went up around 6-8% when they were first announced. I’m sure we’ll get another this week.
At home watching a team of 6 Mexicans replace 250’ of fence in a day. Guys bust their ass. They were $2K cheaper, would schedule 3 weeks sooner, and have nothing but 5 star reviews dating back years. Other guys didn’t even follow up on their quote yet from ten days ago. Hopefully a taco truck swings by for lunch.
Make that 600 points
Very Stable Genius says:
March 4, 2025 at 10:04 am
BREAKING NEWS!
UPDATED TUE, MAR 4 20259:59 AM EST
Dow drops 500 points, Nasdaq flirts with correction territory as Trump’s trade war escalates
Live updates
Alex Harring
Lisa Kailai Han
It also overshadowed a homeless veteran in Orange, NJ.
Which is more important?
Boomer Remover says:
March 4, 2025 at 10:17 am
The three card DJT monte show overshadowed a US commercial company landing a robot on the moon the other day.
I’m prepared. Been depressed for years now. Bring that shit on. I’ll chew it up and spit it out.
njtownhomer says:
March 4, 2025 at 10:18 am
The crashing of economy for reducing the interest debt will not work. Recession will be a depression soon.
Red wave?
Canada is willing to cut off its nose to spite its face? They have no other customers that can handle the tar sands crude, and nowhere else to ship electricity. Doug Ford controls all those large hydroelectric plants in Quebec, Newfoundland and Labrador, British Columbia, and Manitoba?
Doug Ford had to look him up. His now deceased brother Rob was the crack smoking mayor of Toronto.
Trump’s plan is to eliminate the middle class.
He is off to a great start. Hear that creaking sound? Yeah, that’s the trusses starting to bend under the increased load.
Watch the dominoes fall one after another.
Chinese and Mexicans can build them a refinery in a week, and a port and terminal to ship it out in another two.
They ain’t like lazy Americans, they don’t fucc around like 50 American workers watching one guy drill a hole.
It’s game over. All Americans do is eat, get fat, then ask the government for free Ozempic so they can eat more slop from the trough and yet still fit into their Chinese and Thailand made clothing so they can go off to church on Sunday in their crappy Ford F150’s if the shitty engineered Ecoboost engine doesn’t blow up on the way there.
Juice Box says:
March 4, 2025 at 10:26 am
Canada is willing to cut off its nose to spite its face? They have no other customers that can handle the tar sands crude, and nowhere else to ship electricity. Doug Ford controls all those large hydroelectric plants in Quebec, Newfoundland and Labrador, British Columbia, and Manitoba?
Next month all the laid off workers will show up in the stats unless they replace the admins who report those. We haven’t seen these job-losses in the reports yet.
Add these people and families (making millions) to depressed list of people like Dark. This shit will be shittier.
But as orange says, it will be a great TV show.
I love run on sentences.
hehe.
Time for Michael Douglass to do Falling Down II.
He is 80 years old. The original was a great movie.
Joe Biden could co-star with him on the remake. Falling Down 2.
The Chinese would be happy to build a belt and road, the road in Canada, and the belt in Mexico.
Keep fuccing with your friends, you ain’t gonna have any much longer.
America is being seen as the world’s cancer and a danger to the rest of the body.
as for the white laziness, Dylan Patel shared this and created a havoc on X.
https://x.com/dylan522p/status/1896612038870471004
I only knew about the hotels, but looks like they are in much more.
Falling Down is an excellent movie!
Nothing beats when he orders the Burger/Fries. Very underrated movie IMO.
Fun fact Michelle Pfeffer’s sister was the cash register girl in the burger/fry scene.