M&M pumpkins.

 

This years concept brought to you by..... these shoe inserts I keep getting when I buy shoes.

 

Last night, when they were getting their face done.

Mini Crawl 2022.

Why is everyone okay with these government failures?

I think the thing that makes me the maddest about the past three years is - all this infighting and complete denial have made it so there are ZERO new advancements on SARS.

For instance - it's a marvel there is even an at home test for SARS2. But why are they still 10 bucks a box? And why are they not made in multi packs? The most I can find is 5 tests in a box. You literally should be able to find these anywhere at any time of the year. Including holidays.

We should have been putting money towards a PCR level at home test.

At the VERY least, all testing should be free. This is what a serious nation would do. I mean, I just spent 70 bucks on 10 tests. It's outrageous. Everyone regardless of socioeconomic status, should be able to find out their infection status. And ideally not have to wait 24+ hours for the results.

COVID is a vascular disease.

I finally found a video that explains what SARS2 really does to your body. This is well accepted fact at this point. 

As you can see - I have been saying this for a very long time but have not been able to articulate it well. It's not exactly like "the experts" have been a lot of help. I had to piece this all together through reading some very smart people who were dragged and told they were fear mongers too. 

I have said for a very long time that the reality is even worse than what any of us could get across at the time because the MOB was saying we were wrong, and creating fear. We were only trying to tell you what the government  wouldn't. Now a lot of people are going to be fucked because SARS is a very dangerous disease. And herd immunity was always a lie.

I don't want to see any comments about this being because of the vax. SARS2 does this because of the spike protein, which is also in the vax. Something I've also been saying for  two years. But people are affected to a lesser degree. I am not vaccinated, but am NOT anti vax. My position has always been that for the level of protection you get, and the side affects, the vax is not worth it.

If at this point you don't get these simple facts, good luck. A new wave is upon us. I mean, it's completely crazy. when people dropped dead in China is was FAKE, yet we have people dropping dead every day now and everyone just says - oh... people always dropped dead like that before. And as someone who watched their grandfather drop dead from a heart attack at age seven, I can assure you that it does happen - however the mental gymnastics you need to be doing to avoid the prevalence right now is really something.

Pigs get slaughtered.

 

I'm not sure who is holding these mortgages, but they are going to get wiped out. The MLS is just fire right now. I'm only showing you three cases, but there are tons.

These are obvious flip houses because they were bought and put back on the market within months. Except for the last one. It was sold in 2019. So... ITS REAL VALUE.

 

Trying to make 30% in two months? Ballsey.

 

This one also thought they were going to squeak out 40% or so in two months. Now.... they gonna lose this house probably. They better shove a renter into it, More likely they walk away.

I like this one a lot. 50%ish in two years. Genuinely.... the Great housing Crisis would blush with envy.  Especially because the market was slowing in 2019. Which is probably why Trump went so aggressively to backstop housing. In 2019, this sold for under asking.

Just earlier this year all the financial journos were saying that this time was different because everyone had equity. And there a housing shortage! If you saw the MLS right now. You would laugh and laugh and laugh.

 

They let me drive it!

Spotted inland.

 

This is the first Rivian SUV I've seen. They must be shipping them though because they are on the Rivian site.

Honestly, I wouldn't have even chased this thing if it didn't have that wrap. They are like neon signs saying - this vehicle is unusual. 

My shots suck because it was a very low light area.

Meta fail.

 

I was up in "The City" last week. And I only saw ONE case of public nudity. So.. I think technically SF is getting a little better. Anyway.

Meta was telling people they were going to have a hologram display. Holograms are my jam.  

They set up a glass box with a remote speaker. Why? I'm not sure. The "hologram" was just three of those 3D hologram fans. You can clearly see where the camera can see the object is spinning. AND THOSE AREN'T EVEN NEW! I've been seeing them for almost a decade.

Lamest hologram ever. For a fan they are amazing. But.... this is 2022.

The death of autonomous cars is greatly over-exaggerated.

They are loading them with even more gear than before.

Everyone gets it but the American public.

Long Covid Disables Millions Worldwide, Even as Rates Ease, Study Shows. 

"The study, published Monday in the journal JAMA, helps explain why as many as 4 million Americans have dropped out of the workforce in the wake of the pandemic and why long Covid may cost $3.7 trillion in the US alone. More than 94 million cases and 1 million Covid deaths have been reported in the US, where the coronavirus infected almost 42,000 people a day on average in September. " 

The article goes on to say....

"The research is based on data from 1.2 million Covid patients in 22 countries gathered from 54 studies and two medical record databases, including from the US Veterans Affairs health system. More than 200 ailments have been linked to long Covid, but the study in JAMA collated information on three common clusters of symptoms. "

"It found that three months after a coronavirus infection, 3.7% of patients had ongoing respiratory problems, 3.2% had persistent fatigue with bodily pain or mood swings and 2.2% had cognitive problems, after adjusting for their health status before Covid."

“The pandemic will raise the baseline risk of disease and disability to a new level,” said co-author Ziyad Al-Aly, chief of research and development at the Veterans Affairs St. Louis Health Care System.

Even further down the article.

Long haul symptoms aren’t the only health threat to Covid survivors. Diabetes and life-threatening conditions including heart attacks, stroke and kidney damage are more common in Covid patients than those who avoided the pandemic disease. 

The Fed is raising rates for things they can not fix. Most of this inflation is from labor shortages and energy. But, raising rates is the only tool the FED has - so.. that's what they will do.

People think the Great Resignation is because people don't want to work. It's REALLY because the public treated workers like garbage and expendable. People ground them to the nubs. Why would they ever work in a public forward facing job again? In short - Why would they put their lives on the line for you?

No. Herd immunity in any form - was always a lie.

Pfizer Exec Admits Under Oath: 'We Never Tested COVID Vaccine Against Transmission'.

Huh. I was called a fear monger for even suggesting you could get SARS2 over and over. I was a cult member. A covidian and all sorts of other shit. And YES - I'M STILL MAD. The way people treated businesses for just trying to protect their workers! I can't even.

The funny thing is that everyone was calling this an Orwellian dystopia. Yet they kept insisting that 2+2='s 5. Not only that - they let out their rage on people like me instead of the incompetent government. "There is nothing we can do. We're all just gonna have to die." They said.

Every single day, I wonder if the trajectory of the pandemic might have been different if the government had simply set up tents to show people how to wear masks properly and why it's important. To this day I see elderly people wearing chin diapers when there is no mask mandate in place. But.... I bet they tell everyone they mask all the time. Why even bother?

I genuinely don't understand how some people can look at themselves in the mirror. They screamed the government was wrong,  but followed in lockstep anyway. Even to the point of taking away peoples livelihood.

When I think of the incredible toll this has taken on our country, and our workforce - I feel like the coming pain is sort of deserved by most. Most everyone treated others as disposable. And I will never forget that. It sort of offsets my sadness about the whole thing. Maybe they deserve what they get. Sadly.

I mean, I never even talked about Long SARS, because you couldn't get people to understand the basics. This country is medically illiterate as fuck. Just wait till you see. This is going to be a plot twist no one saw coming. 

THREE YEARS have been wasted! And I'm here to tell you - we are in a worse spot. The hell people have chosen for themselves. I just don't get it.

I think we can get out of this with testing, but people can't be bothered. So this is the world they get. Their rules not mine. 

It's a long way down from here.

Homeowner Equity Reached Record Level in Early 2022.

Increasing home prices have pushed equity extraction and driven a remodeling boom.

"Since 2012, home prices have risen continuously, providing borrowers with large amounts of home equity. At the end of the first quarter of 2022, the average borrower had $280,000 in home equity — this is a gain of $64,000 over the past year and $125,000 over the past five years.

High amounts of home equity can not only cushion borrowers from defaulting on their mortgages, but increased equity also provides homeowners with the opportunity to extract equity for debt consolidation and other expenses.

When mortgage rates hit record lows in 2021, many homeowners who wanted to extract equity from their properties opted to refinance their entire mortgage and take the cash out. As a result, cash-out refinance dollar amounts increased by 35% from 2020 to 2021.

Borrowers also increased their use of home equity loans starting in 2021. After decreasing from 2018 through 2020, in 2021, the dollar amount of approved lines of credit reached its highest level since 2007 when it increased by 23%1.     <--------

Mortgage rates began increasing in April of this year, and with that increase came a shift in equity extraction. Higher mortgage rates can make cash-out refinances less attractive and make lines of credit more attractive, especially if borrowers hold a mortgage with a very low interest rate. The use of cash-out refinancing increased by just 3% in Q1 2022 compared to a year earlier. However, the use of home equity lines of credit increased by 29%.

A low supply of available homes for sale put upward pressure on home prices and kept many homeowners in their current homes, which, in turn, fueled a remodeling boom. Remodeling expenditures rose to $391 billion in Q1 2022, the largest figure in over 25 years2.

While we forecast continued home price increases, those increases are predicted to slow to 5% by May 2023. This will similarly slow the rate of home equity gains.

Furthermore, the increases in mortgage rates to the highest levels in more than 13 years will make borrowing more expensive and could slow the rate of home equity extraction. However, the already-high amounts of home equity and low supply of homes on the market means that remodeling activity should remain strong through the next year.

For more information on CoreLogic’s perspective on the property market, please subscribe to our channel, like this video and visit our blog. See the link below."

Banks say the funniest things.

A couple of months ago I accidentally underpaid my mortgage by a penny. Yes. A PENNY. Obvi I had to call the bank to figure out why they were warning me I was going to be late. 

After I had them do a bank draw of one cent, they said.....we have a lot of options for you to help you make your mortgage payments easier. I told them I didn't need any money from my house. Obviously a one cent underpayment is an accident. But they sent me over to "where-ever". 

This is where the bank told me that - you know... home prices have gone up a LOT in the past few months. Wouldn't you like to do a cash out refi before that goes away? It was at that moment that I realized that every notice they have sent me in months has been about tapping my equity. 

If you think negative equity is just for people who bought in the last year.... I'm gonna say you are wrong.

Negative equity is back.

This weekend, I was driving down my street and noticed that one of the two houses that turned over this year, was back on the market. Self I said - that was a flip. And they have had it a while. I couldn't wait till it hit the MLS so I could see what they'd done to it an how much they were selling it for.

Both houses were time capsule houses. Which is my term for a house that is original to the year it was built. This means it basically needs a gut. It literally needs everything because it's never been updated in any way. 

The flip house is about 10 houses down. The other one is right across the street from me. They paid 400k OVER asking. I can't even believe it honestly. But it's true. Both of these houses sold within a month of each other so they are a good gauge of the market. The flip house is about 500 square feet bigger. Both are one stories.

If the flip house sells for that they are asking, my neighbor across the street will be 100 grand in negative equity. That's not even accounting for all the money they have put in to bring it back to life. And that flip house is not going to get asking. Not in this market.

I've gutted a house before, and have an idea how much that costs. That flipper might get out flat if he gets asking. Otherwise...... not so much. 

I haven't really talked about the housing market in a while because I don't really understand why no one cared that houses went up 20-40% in TWO years....... and literally no one cared. Especially in markets like Vegas that depend so much on tourism. No one was sounding the alarm. On the contrary, everyone was saying how this time was different than the Great Finical Crisis. Is it NOT.

It doesn't matter who your Presidential candidate is - printing the kind of money they did during the pandemic was wrong. Trump built this enormous fire and everyone co-signed apparently. Biden only poured a small amount of gas on it. Trump made it so the banks could not foreclose or evict people. Distorting the market and causing people to pay insane prices just to get into a house. People went out with their pandemic loans (helicopter money) and bought houses and cars and boats and literally everything!

Hell, if my neighbor across the street had waited SIX months, they could have gotten a house that was 500 square feet bigger. Which is completely updated now, for 100 grand less!

Now innocent people are going to pay.

Who wore it better?

 

House  number 1? 

I was like - oh, I've never seen that one before. The cat was also a nice touch. Super friendly and wanted love. 

 

Or house number 2? Which is litterally 6 houses down. Be honest. Would that make you crazy? House number 1 was unique for like a second.