Seattle has roughly half the amount of officers that they need for the city's size.
The City Council caved to the 'defund the police' movement and the various NGO and protest groups that have taken over the city. The prosecutor doesn't charge criminals. The CHOP/CHAZ spectacle two years ago was a symptom of a larger problem of lawlessness in the city. Cops are getting out and going elsewhere.
Anyone else paying attention is also getting out either to protect their families or to recover their investment before the property values drop like in Detroit.
It does make you wonder who is buying up the property. Chinese were buying up large sections of California. It might also be happening in Washington.
People are starting to flee the cities, which means property values are going down. However if they try to reverse their dumb policies, maybe prices will recover later. EIther this is their longterm goal or they are just dumb as fxck, hard to say how much of each.
My point is someone is buying up a lot of the properties at a fire sale, why? I guess they could just be very optimistic though. The strategy of buying and holding and letting real estate value increase over the long haul has worked in most USA cities for decades now, they may be just assuming it still will. Or maybe they know something we don't?
Prominent British historian writes a fairly objective prehistory of WWII. The following year, as the war escalates, he attempts to buy up all copies of his book and destroy them. Called "anti-Semitic" because it talks about the extent of Jewish power and wealth in Weimar Germany.
Seattle has roughly half the amount of officers that they need for the city's size.
The City Council caved to the 'defund the police' movement and the various NGO and protest groups that have taken over the city. The prosecutor doesn't charge criminals. The CHOP/CHAZ spectacle two years ago was a symptom of a larger problem of lawlessness in the city. Cops are getting out and going elsewhere.
Anyone else paying attention is also getting out either to protect their families or to recover their investment before the property values drop like in Detroit.
It does make you wonder who is buying up the property. Chinese were buying up large sections of California. It might also be happening in Washington.
OCP
People are starting to flee the cities, which means property values are going down. However if they try to reverse their dumb policies, maybe prices will recover later. EIther this is their longterm goal or they are just dumb as fxck, hard to say how much of each.
My point is someone is buying up a lot of the properties at a fire sale, why? I guess they could just be very optimistic though. The strategy of buying and holding and letting real estate value increase over the long haul has worked in most USA cities for decades now, they may be just assuming it still will. Or maybe they know something we don't?
Firesale property purchasing was exactly what the Jews did in 1920s Berlin during the hyper inflation period using non-German Jewish money.
This consolidated their power but ultimately led to their downfall.
Gentile Germans were excluded from working in the media, academia and entertainment (theatres at the time).
The theatres were turned into sex shows, child prostitution was rife, shops turned to porn outlets.
... and then for no reason at all ...
You can read the whole sorry tale in Unfinished Victory (1940)