Weekly Survival Real Estate Market Update

Run and Hide, Walk and Talk I hear it all the time from clients, the magical question of “where can I buy a property that will allow me to hide-away from it all and not be noticed”. My answer is simple. If you want to really ‘hide’ from the powers that may or may not be, live in the biggest city you can find in a flat across from the nearest public transportation system, period. If you think that moving to a small town will give you that wanted anonymity, you’re wrong. In a small rural town and setting most …


Odds ‘n Sods:

By way of SHTF Daily, James Saft of Reuters reports: Americans charge it as Bank of Subprime closes. A collective $909 billion balance on credit cards? ¡Ay Carumba! Meanwhile, we read at The Baltimore Sun: Credit card debt is ready to blow: (Thanks to Hawaiian K. for sending that link.)    o o o RBS flagged this: Heating Oil Prices To Jump 22 Percent Over Last Winter, Says Energy Department    o o o RBS also sent us this: Mortgage Lender Thornburg ups estimated loss on loan sales    o o o I hope that most of you took my …



Note from JWR:

A reminder that the special “six pack sale” for autographed copies of my novel “Patriots: Surviving the Coming Collapse” will end soon. The sale price of a box of six books is now just $90, postage paid. (Normally they are $22 per copy, but during this sale you get six autographed copies for $90, mailed in a Priority Mail Flat Rate box, sent to anywhere in the Unites States, including APO/FPO addresses.) This sale ends on October 31st. This is your chance to buy some extra copies for gifts.


Letter Re: Advice on Body Armor and Helmets

Mr. Editor: I have been working on preparedness for my family for five years now, but I realized that there is one area where I’m lacking: body armor. What sort of vest do you recommend, both for concealment-type and for the “worst case” sort of situations? What [protection] “level” vest rating should I get? For home defense in an out-and-out TEOTWAWKI, should I also buy a kevlar helmet? Are used vests worth buying? Which dealers are trustworthy? I live in a suburb of Atlanta [Georgia, USA], but my work frequently takes me downtown to places like Peachtree Plaza. (Downtown Atlanta …


Two Letters Re: Bug Out Vehicles

Hi Jim, More food for thought, this time regarding vehicles. I’m hoping to someday do some expedition type of travel. This link to Expeditions West discusses and rates a few vehicles best suited for the purpose. These are not necessarily for the purpose of getting the family and supplies out of the city, hauling a huge trailer, but are more intended for long cross country unsupported ‘expedition’ type of travel. If I seriously needed to bug out and hide deep in the Yaak [River Valley of western Montana] for example, my restored 1985 short bed Toyota [pickup] with 235/85/16’s would …


Odds ‘n Sods:

More “ARM Twisting” ahead: It has been widely reported that nearly one trillion dollars worth of adjustable rate mortgages (ARMs) will reset to higher interest rates in the next 18 months. That is nearly 20% of all mortgage loans outstanding. Are the majority of sub-prime borrowers ready for the higher monthly payments? Probably not. So we can expect to see a lot more delinquencies and foreclosures in the next two years. As previously mentioned in SurvivalBlog, a small portion of rural foreclosures may represent a retreat buying opportunity. Monitor the market closely, either through a cooperative agent in your selected …



Note from JWR:

The bidding is still at $500 in the SurvivalBlog benefit auction, for a scarce pre-1899 antique Finnish M39 Mosin Nagant rifle from my personal collection. This rifle was rebarreled by Valmet during WWII, and is in excellent condition. It comes with a replica bayonet, original sling, and original muzzle cap. Since the receiver for this rifle was made in 1898, it can be mailed directly to the winning bidder’s doorstep, with no FFL paperwork! The auction ends on October 15th. Just e-mail us your bid.


Distinguishing Wants from Needs in Preparedness Planning

My consulting clients often ask me for advice on their preparedness purchasing programs. Some of the items that I’ve see them purchase in the name of “preparedness” make me wonder. For example, a family that recently relocated from Michigan to Idaho’s Clearwater River Valley purchased matching snowmobiles for every member of the family. But they now live in a climate where in some years they only have snow that “sticks” for two or three weeks. In most years they will have to put their snow machines on trailers to get up to the high country to use them much. Another …


Letter Re: A Reader’s Perspective on Assembling a Survival Firearms Battery

James I am a 10 Cent Challenge subscriber and daily reader of SurvivalBlog.com. I have found much helpful information provided by you and other readers and appreciate all of the work you do. Having read the articles concerning self-defense weapons, It seems that many readers get side tracked I have owned, fired, hunted with and reloaded numerous caliber’s over the last forty or so years and although I by no means consider myself an expert I am very experienced and well informed. That being said I would like to talk about weapons and calibers relating strictly to the purpose of …



Odds ‘n Sods:

Speaking at the Federal Reserve’s Jackson Hole, Wyoming conclave in August, Yale University Professor Dr. Robert Shiller said that residential house prices might fall as much as 50% in some former real estate boom areas. As evidence, he cited how much home prices have escalated in comparison to rents. Personally, I think that 50% is an optimistic figure. Given the pendulum-like nature of macro market swings, I think that prices in some cities like Phoenix and San Diego may drop at much as 65% from their peak. And it may take five or six years before prices hit bottom. I …



Note from JWR:

A reminder that the special “six pack sale” for autographed copies of my novel “Patriots: Surviving the Coming Collapse” is still underway. The sale price of a box of six books is now just $90, postage paid. (Normally they are $22 per copy, but during this sale you get six autographed copies for $90, mailed in a Priority Mail Flat Rate box, sent to anywhere in the United States, including APO/FPO addresses.) This sale ends on October 31st. This is your chance to buy some extra copies for Christmas presents.