From what I have been able to ascertain through reading, and from friends who are missionaries in some of the areas of the world suffering through the worst of the poverty and starvation, it isn’t that Earth is unable to grow enough food for the current population. The fact is that the corruption of the governments that rule these nations prevents them from developing economies that are healthy and prosperous.

Nations like those found in Africa in many cases are lush and fertile, but the people lack equipment, training and supplies to produce food.

We cannot blame the Earth for this, it is the product of mankind’s greed, corruption and quest for power.

You can pay me in saddlebag rub. — Garth

Dave is sitting on a million dollars right now which means he must have had several hundred thousand 6 or 7 years ago. He didn’t buy a house then for whatever reason and therefore missed the greatest run-up in housing value ever, 2003 -2008.

All the commenters heartily slap him on the back for making such a wise and level headed investment choice and tell him to wait some more (good advice now… bad advice then). Wow. Remind me not to hire any of you to be my financial adviser.

Perhaps he made money in he real estate bubble, realized his capital gain, and is laughing at you. — Garth

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landlords many times pay for utilities and taxes. Food is paid by you whether you’re the landlord or the tenant. Sorry if this is rocket science. Trying to catch a falling safe as you have, is a bad idea

Get a brokerage account. — Garth

Pretty basic. The buyer simply refuses to pay. That drives down the price. The comps then show lower prices and on and on it goes.

Ahhh yo, GotMahQwazeeMOJOworking. Velly intellesting post.

Earlier, the experience of being in the midst of an enormously massive straw-rasp-berry-sounding brainfartquake, the epicentre of which was located in the creative white space between my two outer extremities, a.k.a. my Ears took me by surprise.

So I sat up, pondering on Jimster’s excellent post, adding others’ POVs and the links I supply, esp. the one about Martial Law being introduced via a new farmers’ bill in the US, the former Bills C-51 and C-52, now reincarnated as Bill C-6 which will give big pharma and thus, big oil full control of our lives.

The bits and pieces are quietly and quickly being arranged like a jigsaw puzzle. Part of a link which I posted says “. . .Act of March 9, [1933], a declared state of emergency at the request of the Federal Reserve Bank of New York. This state of emergency was never lifted.

“Global pandemic – Level 6 – Mortgage/housing crisis – Banking/lending crisis – Automobile industry crisis – Insurance industry crisis – Healthcare crisis – Southwestern border crisis – Black market drug crisis – National education crisis – Nature/global warming crisis – Jobs/unemployment crisis – On-going weather and forest fire crises – Extreme and unread congressional legislation crisis due to on-going crises”

HyperJuxtaScrewed, to play on Garth’s headline seems to be the correct terminology to describe our present circumstances.

Lest anyone forgets, China has cloaking devices — http://tinyurl.com/cmss72 — on its nuke-powered subs (as are Russia, Israel, the US and one or two others), so we may as well Dance With The Devil We Don’t Know, coz it’s a lot more enjoyable than this trash!
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The California Canary is dead; first two paras. are clear. — http://tinyurl.com/pq42zl — Giss whut? Bartering iz bak! — http://tinyurl.com/nkdsxz
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Fairly decent link which may shed some light on the current malaise. — http://tinyurl.com/no95wp
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Recall the bombings on 7/7/7 in London? Look what’s happening starting Tuesday the 7th — triple eclipse! — http://tinyurl.com/plksdj
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A clip and lyrics for the world’s two biggest terrorist states. No need to play clip (Black Sabbath – War Pigs), read the lyrics below. — http://tinyurl.com/oredb5

Let’s be honest, if realtors said prices are going to fall, no one would buy this month, if the same house would be less money next month.

I don’t use a realtor as I find that in most cases there is no value for the dollar. No real professional would advocate that a purchaser make an offer with no conditions, especially an inspection. Yet they do, as they want to make that sale.

You just have to look to the US to see what will happen in Canada in the near future. With rising unemployment and rising interest rates, many buyers are going to be in a difficult spot.

Realtors always point out that in the 80’s rates rose to 18 % but lets remember that they were already at 12%, making for a 50% rise. So if the average rate is now 4% and they rise to the norm of 8-9% you can see that is a 100% rise. Watch what will happen to the RE industry.