patrick.net

FortWayneIndiana says

they made it ok to "not pay rent", yet taxes and mortages are still due.

When it comes to your money, fuck you. When it comes to their tax dollars.... give it!

Surprisingly real estate hasn't dropped much yet, I looked online, prices haven't gone down much.

More volatile market...Vegas is crumbling fast. There’s still desperate buyers in LA so it will hold for a bit and may not fall much.

FuckTheMainstreamMedia says

More volatile market...Vegas is crumbling fast. There’s still desperate buyers in LA so it will hold for a bit and may not fall much.

It only falls here when people can’t hold on and must sell or foreclose. So probably won’t go down soon.

Commercial rents likely will go down. I can’t imagine empty restaurants paying high rates today.

jazz_music says

richwicks says

Where's the collusion?

That is a term that has a definition in the real estate business.

"Collusion" is a a term that has a definition in the real estate business?

jazz_music says

Trump used that word repeatedly when talking about the accusations of conspiracy between with Russia and him. At the same time the factual reports listed in the attached video clip support the accusations and so do financial conflicts of interest that came to light between Trump and a Russian bank which is the only bank that would loan him any capital. So Putin can call Trump's note due any time he likes.

Hahah - even if Putin had direct control of the bank, it would be a national security issue and the underwriter would simply be changed, but it's not even that simple because Douchebank is the lender. The underwriter is just guaranteeing the loan and making money off from a spread. There's no reason for Trump to even know who the underwriter is.

jazz_music says

These are facts and they are not repudiated by your wholesale beliefs/feelz.

Gosh. You guys really are nuts.

Let's say Trump DIRECTLY borrowed money from the Russian Mafia and they called in their loan - what would happen?

It would be a national security issue, a US bank would take over the loan.

Here, maybe this guy (and I mean Jimmy Dore, not making fun of Rachael Maddow) can help you:

www.youtube.com/embed/RBLXZHTljTM

In our area I’ve seen about 40-50k drops here and there. But buyers are still there.

Fake news, from sketchy website.

:
Yeah, but what about Benghazi ? !!

marcus says

:
Yeah, but what about Benghazi ? !!

Actual people died, was real.
But bullshit about it being triggered spontaneously by a video was bullshit.

APOCALYPSEFUCKisShostakovitch says

Fortwaynemobile says

Fake news, from sketchy website.

Right, obviously under the control of SOROS! and strangely half of the reported facts also showed up in places like FT and the Wall Street Journal - legendary venues of militant marxist agitprop. Sketchy newspapers. Sketchy books. Only Trump and Hannity and Hal Turner know the truth.

Forensic news.net is a sketchy website

Might as well go to readfakenews.com .

APOCALYPSEFUCKisShostakovitch says

And that bank is a laundromat for the Russian mob and it's co-conspirators in the Kremlin - by design.

Deutsche bank? AFAIK the "laundromats" for Russian mob usually are Baltic banks, who are in EU but often co-owned by Russian mobsters. Although, I would not put any European bank past lucrative laundering business.

Interest rates are zip, which might shore things up for a bit, along with a pool of desperation buyers waiting in the wings. In my main neighborhood, the values have increased recently and a couple of houses have sold. It takes time for real estate and finance to digest these things, but if prices don't drop quite a bit over the next year I would be surprised.

If you want to flee Cali with your filthy lucre RE bucks to squander elsewhere, now is probably the time rather than later.

jazz_music says

How did Russia "hack our election"?

All laid out in the video attached.

Very impressively too backed by federal intelligence and investigative enforcement agencies, UNANIMOUSLY

Our intelligence agencies are nothing but a group of liars. This is an example of our intelligence agencies:

www.youtube.com/embed/uTDO-kuOGTQ

And it wasn't unanimous. That's another lie of our disgusting propaganda media. I don't care if you like Trump or not, what I'm trying to get you to understand our newsmedia is propaganda You are entirely misinformed by it.

richwicks says

what I'm trying to get you to understand our newsmedia is propaganda You are entirely misinformed by it.

I dig your posts, but if you think you’re going to change any libtarded minds around here, especially certain frequent posters, you’re sadly mistaken. They love the MSM and are entirely enthralled by it much like Renfield was enthralled by Dracula. There’s no mind left to free. They are lost.
Just trying to warn you because you will break your head trying to get these idiots to see one iota of reason.

STILL ON THE RUSSIAN HOAX!? YOU FUCKING RETARD, AHAHAHAHAHAH....

Shaman says

richwicks says

what I'm trying to get you to understand our newsmedia is propaganda You are entirely misinformed by it.

I dig your posts, but if you think you’re going to change any libtarded minds around here, especially certain frequent posters, you’re sadly mistaken. They love the MSM and are entirely enthralled by it much like Renfield was enthralled by Dracula. There’s no mind left to free. They are lost.
Just trying to warn you because you will break your head trying to get these idiots to see one iota of reason.

If you met me in 2007, I would be a "liberal" to you because I hated that bastard George W. Bush with a passion and his entire administration and the pathetic lackey republican congress that gave the dishonorable scumbag liar a free pass for lying the country into a war.

That was before Black ReBush became president, and did the same thing and the Democratic congress was more concerned with "gay marriage", and "a national discussion on transgendered bathrooms" than stopping all these stupid wars.

You can change minds, it just takes time - @jazz_music just still has belief in the parties. I don't.

In 2005, at least there was the outlet of the Daily Show calling out the most ridiculous lies of the Bush administration, but that was the ONLY NEWS on American teevee. Today, there's nothing. Remember when Fox News tried to make a "conservative" Daily Show type thing and it crashed and burned? They could do it today and be successful because the Democrats are complete liars.

Unless we smash the establishment of both parties, it's just going to reverse again, and 10-15 years later, you'll think I'm a flaming liberal idiot because I don't believe in some bullshit war the Republican Current President lied us into.

Only one person can save the Day! Draft "Her".

No problem with my 3 houses in San Antonio. Still a hot market. Had a tenant move out early and was able to replace him one week later with a great tenant. So he'll be off the hook and part of that month discounted to him. I have another house coming up and when she moves out I'm actually going to raise the rent a bit.

jazz_music says

BIGGEST RAT BASTARD EVER, Trump

Could you state some specific Trump policies you disagree with?

jazz_music says

You right wing suckers

God, you don't even read what I write. Fuck it, I'm just going to allow you to wallow in your crazy rather than make any more attempts to fix it. I'm talking to a wall.
jazz_music says

This goddamn “open up” protest is just MORE BULLSHIT to help Trump win.

Trump is running against a carrot. A vegetable. It's not like anything clever has to be done to get him 4 more years when the completely corrupt DNC made completely corrupt Biden the nominee.

Patrick says

jazz_music says

BIGGEST RAT BASTARD EVER, Trump

Could you state some specific Trump policies you disagree with?

He beat Hillary Clinton and the media tells me to hate him. Also the intelligence agencies, that I suddenly trust for some reason, tell me he's bad. Certainly the group of fucks that did Operation Ajax, Operation PBSuccess, tried to do Operation Northwoods, Project MKUltra, and lied us into Iraq, Libya and Syria, can be trusted.

Golly, I'm so damned dumb, that it couldn't be possible that the media, the intelligence agencies, the leadership of both of these shit parties, could be lying to the entire country, could it? Gee whiz, that's just unthinkable. We live in a dumbocracy don't we? I'm told this every day, over and over and over and over and over again - they wouldn't do that unless it was absolutely true. Why, it couldn't just be propaganda, or they'd be using repetitive propaganda techniques. Clearly that's not being done!

</sarcasm>

Slosh, Slosh. The dread Cyclops of feminist psychopathy cometh!

It all depends on getting everyone that has lost work back to work. Hopefully a vast majority of them will return to their jobs after a 2 to 3 month shutdown and furlough. I suspect a vast majority will return to companies that were already in at least fair financial condition prior to the coronavirus pandemic.

Then they can work out an arrangement with the landlord for any missing rent or mortgage company for any missing mortgages payments.

Ceffer says

If you want to flee Cali with your filthy lucre RE bucks to squander elsewhere, now is probably the time rather than later.

Yeah, Nerdwallet shows a national average of 3.2% for a 30 year fixed rate mortgage. I was fortunate to get a 3% rate for my mortgage back in July 2016. I can't see the mortgage rates getting any lower than that for banks to be motivated to lending money, unless we get negative interest rates such as for the 10 Year Treasury Note like Germany has.

DR Horton suddenly has dropped its price of Hathaway Townhomes (3 bed/2.5 baths/1 car garage) from $220,000 to $203,000. It also has converted a townhome community in nearby Lynn Haven, FL to a rental community instead of trying to sell their townhomes. They are asking for $1800 a month for the same style and size townhomes as Hathaway Townhomes. I don't know if DR Horton thinks its more lucrative to rent than sell their townhomes.

The townhome rent of $1800 is a lot more than the expect monthly cost of $1300 (i.e., $850 for mortgage, $250 for HOA fee, $125 in property tax, and $75 for insurance)
.

If it were dirt on Bill or Hilary, Tara Reade would have been long dead.

Holy Crap: NY Times Just Fucked Biden!

Um, no. Read between the lines here. The Dems still want to use "me-too" to go after Repubs, such as casting a net to find a Blassey-Ford to stop any Trump nomination they do not like politically. But this spear is blunted if they are too blatant about shielding their own candidate from a "me-too" event. Therefore, they take a half hearted stab at this incident with Joe. Notice, they prominently display a pic of Tara Reade at her aged worst, which kills her credibility by making the reader think "who would want to molest that!" If this was a Repub, they would have included the most glamorous photo they could find of the woman in her prime.

Absolutely, it was just a weapon to keep Kavanaugh off the bench. The left uses groups to achieve their agenda - blacks, Spanish Indians, fading beauties angry at their lack of desirability, etc. - but they are only used by the left to achieve and maintain power, that is all. There is no legitimate belief in these positions, just how to use issues to get power, and then into the dustbin these groups go once done.

ad says

Yeah, Nerdwallet shows a national average of 3.2% for a 30 year fixed rate mortgage. I was fortunate to get a 3% rate for my mortgage back in July 2016. I can't see the mortgage rates getting any lower than that for banks to be motivated to lending money, unless we get negative interest rates such as for the 10 Year Treasury Note like Germany has.

Someone is advertising on the the radio, in my area, that they can do absolutely zero cost refis for 2.85% fixed.

May the 4th B w U.

OccasionalCortex says

The Left and their Media Propagandists said that the Tea Party Movement was fake, too.

It was fake. It was just used by the Republicans to stop Obama from running up the deficit, putting more people to work, and getting credit for it.

When Trump lowered taxes, increased spending, increased the deficit, and put more people to work; there were no Tea Party voices against it.

So, yes, the Tea Party was faked.

richwicks says

God, you don't even read what I write. Fuck it, I'm just going to allow you to wallow in your crazy rather than make any more attempts to fix it. I'm talking to a wall.

@richwicks I tried to tell you, bro. Being Liberal is one thing. Being a raving lunatic who never reads anything people post in response to you is another.
Hell, I’m liberal in many ways. I don’t care if the state licensed gays to marry, I think weed and certain other drugs should be legalized, I am pro-Labor, and I take the libertarian side of any government restriction: if it’s not hurting anyone else why ban it?

Political leaning is one thing. Brainwashed idiocy is another.

HeadSet says

Notice, they prominently display a pic of Tara Reade at her aged worst

Tara Reade back in the day:
https://www.google.com/search?sxsrf=ALeKk010BfjPCFwVITFfAVq8ffYIbDUSVQ:1588608411499&source=univ&tbm=isch&q=tara+reade+when+she+was+young+images&sa=X&ved=2ahUKEwigpbfAy5rpAhUCeKwKHbJiDtoQsAR6BAgJEAE&biw=1024&bih=710#imgrc=M6UxeuuXeX6RNM

willywonka says

it was just a weapon to keep Kavanaugh off the bench

I know, Gorsuch was bad enough, but then Trump got the opportunity to make another SCOTUS appointment was more than could be endured.

jazz_music says

This goddamn “open up” protest is just MORE BULLSHIT to help Trump win.

The implication is the shut down is an effort to make Trump look bad and get (Biden?) a democrat in.

43% of America’s 30,000,000 small businesses will likely close during this crisis and never reopen. That’s 13 MILLION businesses which employed tens of millions of people, perhaps as many as the 30 million jobs that were lost in the las six weeks.
That will make for an incredible long term unemployment rate which will rapidly turn into a Great Depression2.

We are ON TRACK with this horrifying outcome, and it will happen unless radical measures are passed to give banks a haircut on mortgage payments and businesses a couple free months on their rent. Suck it up, and do what’s best for the country. That’s what they told us when they locked us down. Now it’s what they need to do to fix their fuckup!

What’s the interest rate right now? Lowest I’ve seen is 3.8

Who’s Joe Biden?

Shaman says

@richwicks I tried to tell you, bro. Being Liberal is one thing. Being a raving lunatic who never reads anything people post in response to you is another.

I don't see the point in posting anywhere without at least considering you might be wrong but I'll give you something to be cautious about:

Never consider somebody you disagree with "stupid", "insane", "dumb", or anything like that. Even somebody that has no ability to communicate with you because they are foaming at the mouth doesn't mean they are incorrect, it may be they are correct, but have been brainwashed into being correct. That DOES happen.

Shaman says

Hell, I’m liberal in many ways. I don’t care if the state licensed gays to marry, I think weed and certain other drugs should be legalized, I am pro-Labor, and I take the libertarian side of any government restriction: if it’s not hurting anyone else why ban it?

What does "liberal" even mean these days? I think you're probably like me - practical. I'm in Commiefornia, it's ridiculous to worry about who is sleeping with whom, it's stupid to waste time on prohibition for weed. Labor is absolutely essential, and it's really morally unfair to force American workers to compete against slave labor in China. I'm not exactly libertarian - I consider that a naive system. In "libertarianism" you can do anything except violate the rights of another person - well, whose going to stop some thug from violating the rights of another person? Not the government. It's a nice ideal, but it's a fantasy just like communism is.

Shaman says

Political leaning is one thing. Brainwashed idiocy is another.

Right or wrong, I think most people are brainwashed to some extent. Me included. You have to know you're in a cage before you can break out of it.

I'm currently renting (in CA) but plan to buy soon (hopefully). Anyway, I'm still working and my rent is still paid on time. Even if the government told me I didn't have to pay rent I still would. I don't live my life to fuck other people over.

Fortwaynemobile says

What’s the interest rate right now? Lowest I’ve seen is 3.8

Bankrate.com showing a national average of 3.25% for 30 year, fixed rate mortgage with no discount points.

Shaman says

43% of America’s 30,000,000 small businesses will likely close during this crisis and never reopen. That’s 13 MILLION businesses which employed tens of millions of people, perhaps as many as the 30 million jobs that were lost in the las six weeks.
That will make for an incredible long term unemployment rate which will rapidly turn into a Great Depression2.

Thank you as the 43% statistic came from media like https://www.marketwatch.com/story/43-of-small-businesses-say-theyll-be-forced-to-close-permanently-if-they-dont-get-help-soon-survey-says-2020-04-03

I suspect that about 30% of small businesses were already in bad financial condition just before the coronavirus pandemic and would have failed within the next 6 to 18 months. The virus just shortened the financial failure or misery of these small businesses from 12 months to 2 to 3 of months.

However, coronavirus pandemic also has dragged down small businesses that were in fair financial condition also. I would estimate that applies to about 20% of small businesses. They likely will survive this with major difficulty.

The remainder 50% of small businesses were in good financial shape before the coronavirus pandemic and they should survive this without major difficulty.

Some are experts in creating "between the lines".

It is "between the legs", please keep up.

Covid isn't just 'Boomer Remover', It's small business remover, too! Thanks, Pharma-Vaccine-Industrial complex and it's government anal suppository mouthpieces.