OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

I can’t disagree with any of that!

Glad to hear that you are safe in place . Reminds me of the old boy scout motto ‘Be Prepared’. You obviously are .

Goldie – when Irma went through last year ( just as a tropical storm by the time it got here ) we were without cell phone service or internet for a few days . Having the phone charged up would not have helped .

I am in CERT ( Community Emergency Response Team ) and had our emergency radio set up to communicate with the local FD . I wanted to contact someone in the fire department to report a tree down , blocking a major artery in the community , but no one was available to man the radio at the fire station , so even that was useless . Handheld CB worked within our CERT group to a limited extent .

What they could do is call them out on their greed and freeze rent increases but would also have to freeze new rental increases or they will seek to harass and evict current renters. They won’t though in Calif. sanctuary state and that’s one of the reasons why.

These corps buying up property’s also causes the remaining property’s to raise rentals because they can. What they were doing here too was starting this remodeling scam then raising the rent by hundreds of dollars. Their answer will always be build more so called affordable housing. Built where, and no thought to the community’s resources schools jobs in the area when lower housing also bring in more immigrants who fill it or crime and gangsters who attach themselves to some girl with a kid who has it. They never watch that and should. If low income is for a family it should stay that way and not allow any losers who come along want a place to stay and not work to move in.
Meanwhile the working class are getting ripped off can’t save and more working class young family’s are needing help in some form like medical called medicare for the kids which limits them on how much they can earn cuz medical prices thanks to Obama care is almost as much as the new housing prices.

Meanwhile the carrear repub s have done nothing to change that. No wall, no immigration reform, no healthcare reform. Another sector ripping people off. Everything Trump can’t get done without congress not getting done. No change with them, they never planned to.
They could get enough votes for Kavanaugh but no wall, no health care. We got Ryan calling to increase the age of SS while he wants to retire ” retire from doing what for the country” with full salary. Hope they do get a red wave coming up but let us be the judge if they stay there.

Rentals in Calif are off the hook. You can guess the influx of so many immigrants filling up rentals has something to do with it along with wealthy immigrants like from China buying up properties for cash after the crash of 08. I know Feinsteins husband involved in real estate so you see how open borders works for them. Like that picture of a politicians mansion on a hill looking down on the poverty it caused below.

Just think what could happen if only a few corporations get control of the bulk of the rental housing. Where do rents go then?

Back in the 1800’s in the US there were instances where the railroads would demand to see the farmer’s books and then charge them high shipping rates, let the farmer have just enough profit to stay in business.

Bill Clinton and Hillary are going on a 13 city tour. Ticket prices are said to vary by location from $450 on up to $750. Bwahahaha!   Who is going to go? You just can’t make this stuff up. LOL.

That bit was a surprise, it just looks all wrong.

How do u liquidate so much real estate….answer u can’t….investors will be stuck in it for years and the mkt will have a monster inventory overhang for years as well, which will take forever to work off….

Be thankful for small favors! 🙂

Shouldn’t the shares be getting hit a little harder?

Always looking for some blue sky…

The greed of the landlords-corporations is going to give the socialists power and votes. If you’ve got nothing you’ve got nothing to lose.

… of course part of this problem is caused by local and state governments who make it costly for builders even before ground is broken.

Hope you have a cell phone charger that doesn’t need electricity. That is if at least some of the towers are working. Make blocks of ice for the frig and coolers to save on generator gas for a few days maybe.Wind up or battery lanterns and a cell phone will be all you need then cuz it isn’t too cold or hot. Least here it isn’t now, we even had rain once lol That is if at least some of the towers are working.
Got a clarification the Truck hit tower thing was months ago and hit a bunch of companies including ATT but now rewiring needing less cable or something. Strange though someone in a city up having trouble too but has another service and affecting there too less using the same system.

Been looking for what Fall st has cooked up as the next disaster…..and may have found it.

Housing Market

Even the housing market suffers a dearth of supply.

Private equity, now the largest single holder of single-family residential real estate, has taken a massive supply of homes off the market and converted them to rentals, partly due to the lower cost of capital caused by the manipulation of the Treasury yield curve. Will these investors start to sell down their inventory as rates move higher, or just continue to raise rents, which could create a real political problem?

…one-fourth of the country’s single-family rental homes are now owned by institutional investors, with more than 200,000 families paying their rent to just nine giant Wall Street-backed firms. According to a report by the Harvard Joint Center for Housing Studies, the majority share of all U.S. rental units (52.2 percent) are owned by institutional investors, and the investor-owned share of single-family homes increased by nearly 40% from 2001 to 2015.5 – ACCE

We suspect a populist message from a 2020 presidential candidate railing against the “Wall Street firms, who were bailed out then bought your homes in bankruptcy and are now raising your rents” would resonate with the hoi polloi. Even if it’s true, or not.

In California, rent increases by some of the largest Wall Street landlords have been astronomical. For example, Colony Starwood Homes reported that in Northern California rental renewal rates increased by 9-13%, the largest in the nation. This means that if tenants already living in a Colony Starwood home want to continue to rent, they must pay between 9 to 13% more each year. A survey conducted in early 2017 of Los Angeles County tenants renting from Invitation Homes and Colony Starwood shows consistently high rental increases in the Southern California market as well. Of the 100 tenants surveyed, 77% reported rental increases and the average reported increase was 9% or $171 per month. – KCET

Does “truth” even matter today? It’s only true if you believe it to be true in our postmodern Trumpian era.

https://www.zerohedge.com/news/2018-10-08/alea-iacta-est

for your kind offer, but i’m pretty well set here.  i built my own home, and i over-engineered it.  i sit on high ground and am well stocked.  the major hazzard is that the power grid may go down with falling trees and branches.  i have a generator to run the essentials and a 500 gallon rain fed cistern.  i feel certain we will have plenty of rain to keep it topped up.    i was born in florida, and have grown up with hurricanes.   again, thanks, but i’m staying put.  frogs like it wet.  i was born wet.

My place in Volusia County ( DeLand ) should be out of the path of serious damage, and I have a spare room you are welcome to .

Keep it in mind , in case of need .

So what is the first thing a savvy investor should do? Why sell gold and silver, of course…they were and still are the worlds oldest “safe haven” asset…makes sense to me…

They already rammed up the stock market. They rammed their fed note up and Gold lower. Nothing stays the same forever. The whole system is in the forever that started in 2009. The US still has a trade deficit, everything in the stores are made in China. Any improvement after 2009 was mostly artificial. Needed low rates.

the storm in the gulf is beginning to look a little more ominous.  time to fill the gas cans for the generator.

I don’t know how many customers were without cable or some not even Wifi for days. A Truck hit the tower. So don’t feel safe with Comcast in a disaster because they need towers too.

IDM’s Red Mountain gold project gets provincial approval

No slowdown will knock the SM, it will take something huge, or an exposure of the games being played.

I see they have absorbed the panic weekend selling and now look to ram the SM way up on the day…..let’s see how they do.

The odds favor a slowdown, so the Fed raised rates temporarily just so they can stimulate as needed when it gets obvious to the public later on. Trump will get blamed for the next recession.

amazing how easily they can create a waterfall decline in pm’s

Small selloff is just never enough

Seems gold will never be a viable investment again

Below are the Zerohedge headlines….so PM’s get smashed…we no longer have free mkts folks.

Italian Stocks, Bonds Collapse After EU Rejects Rome’s Budget Plans

Stocks Tumble On “Terrible Trio” Of China Crash, Rate Rout, And Italian Standoff

https://www.zerohedge.com/

as are the Spreads to Bunds…the crisis is full on……so gotta crush PM’s.

Full on scum rescue operation today…this is the 2nd attack on PM’s…plus they are buying US Treasuries…who else would be doing that after last weeks rout …and as u say Dollar is bid hard…..but the SM ain’t playing ball..so far.