Sunday 28 July 2024

Seven Things

 1.  Where this Florida condo crisis will lead onto?

Well...if you were the HOA of a 300-unit building and found problems which need 'fixing'....you'd naturally hand out assessments....giving each unit-owner a $100k bill.  

I'd take a guess...at least seventy of the occupants would be unable to  pay the $100k and quickly jump into selling the property....then finding out that you can't get 100-percent of the value.....or even 70-percent of the value.  You (as the owner) wake up two months later....no buyer, and the HOA doing court activity to seize your property....meaning a total loss of investment.

So the HOA at this point thinks the property can still be sold and they get their money.  Well....two months later, the HOA now realizes fifty of the condos can't be sold, and they hand out a fresh new assessment to the remaining occupants....to pay more....to  make up for the losses. This fresh new  2nd bill....adds up to $55k each.  

Another round of people trying to sell quickly and exit starts up.  This second group amounts to 75 of the remaining condos....meaning one out of three of the total are now HOA-owned and empty.  

By 2027, around 500,000 condos in Florida are HOA-deadends.....with some HOAs repackaging the sales price  to 10-percent of what it  was in 2023.....triggering a state-wide crisis.

3.  Packaging VP Harris as a nice-moderate-Communist with good intentions....probably won't sell to working-class Americans.

4.  Just a gut feeling, but around forty-odd countries in the world who generally get US 'free-money' (grants)....will be told your grants are ended unless you agree to take failed refugees back.  

5.  At some point in 2025, I expect at least one US bank to make up a rule....no car loan for a gas-powered car.  

6.  Elon quote: "If evil people hate you, well, you might be doing something right."

I might extend it....if stupid people hate you....you might be doing something else right.

7.  If you were browsing for quotes from major news sources over the past year....suggesting that Biden's mental competency was top-notch....I would suggest 99-percent over the past week have been removed.  

Just odd how they came to this decision not to continue the hoax.  

1 comment:

LargeMarge said...

Two simultaneous events:
* everybody named 'biden' is suddenly invisible.
* hundreds of sites are condemning the mere suggestion of another Divers Incloser Equitably (D.E.I.) hire, while hundreds of other sites are pretty much convinced of it.
According to unnamed sources, kamala "stop calling me 'Chin-Balls'" harris stood firm on her record.
Then laughed for two minutes straight.