Alta Lofts homeowners vote on a new HOA board this month.
Reader Questions #2story #lofts #hoa
Q: What is eastern columbia broadway at 9th price? A: The building details, lofts for sale, for lease and prices can be found at www.EasternColumbiaLoft.com
Q: Where can I find 2 story lofts los angeles? A: Two story lofts in L.A. can be found at www.2StoryLoft.com
Q: What can be done about corruption in board of condo ownership? A: Board meetings and elections are the best ways to control what happens with a condominium homeowners association and the condo building’s community. With a board recall and election fraud, Alta Lofts has had a tumultuous HOA board over the years. A new board will be voted in this month. | HOA Directory www.HOADTLA.com
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The Property Market in the Greater Depression of 2020 #realestate #market
In March, CNBC sadly suggested that readers not buy gold. This was exactly the opposite of what the Loft Blog suggested to its readers because gold has always been the protective hedge of choice for investors during times of volatility. The Loft Blog was right. Since CNBC wrongly told everyone to hold off buying, gold has shot up from $1,600 to $1,900 per ounce. Even America’s strongest anti-gold investor Warren Buffett jumped onboard last month, buying gold stocks and selling banking and travel industry stocks. #gold
While CNBC was incorrectly warning the masses away from gold, the Loft Blog was repeatedly educating the public on the profitability of gold during crashy economic times. From our December 23, 2018 depression forecast to our April 13, 2020 post, we reminded of the prudence of physical gold.
Nationwide real estate has increased in froth over the past 6 months, as radical Fed policy and dumb money inflates property values artificially, creating bubbly pressures. Major U.S. cities were already deflating before the virus panic of 2020. Today, U.S. suburbs are being pumped up to overpriced pressure. Robin Hood newbies and easy credit create powerfully dangerous forces that will end up benefitting the few investors who know how to take advantage of stock market short positions (Hint: use a stock broker who is experienced in profitable stock market shorts). #bitcoin
Blockchain cryptocurrencies like Bitcoin have proven the best return on investment over the last ten years. Even with this historic success, most still yawn or scratch their heads. This is evidence that Bitcoin is still just getting started, with $100,000 Bitcoin not too far off in the future. While Bitcoin brings its own challenges with volatility and tech glitches, the digital coin tends to have massively profitable run-ups, and provides the same kind of inflation hedge as physical gold (protection from radical Fed policy), but without gold’s transportation, storage and security expenses. Bitcoin provides the most powerful and efficient security against government capital controls and confiscation, making it among the best ways to transport large sums internationally. Because blockchain also performs many powerful functions that assist property transactions with authentication, verification and tokenization, the L.A. Loft Blog has teamed up with Entar to help real estate with our own bitcoin-based Entar Coin blockchain coin, with 50 Entar Coins free for a limited time to Loft Blog readers.
More investment winners include big tech, biotech medical technology, household staples and alternative energy.
The Problems with Perma-Bulls and Perma-Bears
It’s difficult to find good market information, and harder to find good market calls and forecasts. That’s because most journalists don’t understand economics very well, and most market forecasters don’t understand market cycles. They’re stuck on being positive all the time (disastrous in bad times), while a few are stuck on being negative all the time, losing most of the time because most markets usually move up. That’s why the the Loft Blog provides well-measured forecasts that are the most accurate and actionable, always taking market cycles and changing economic pressures into consideration.
The Mystery of Cycles and the Seven Year Itch
Most people forget that the economy goes into a serious recession about once every 6-10 years. Our brains only remember important things for about 6 years. Perhaps that’s why so many report the “7 year itch.” They’ve forgotten the reasons why they went into the relationship to begin with. #outbreak
Predicted Pandemic
The Loft Blog accurately predicted the declining urban Los Angeles real estate market more than two years ago. Then, a year ago, we even predicted a “contagious disease that is transmitted by nasal droplets and respiratory secretions”. The prediction was accomplished not through the occult, but by research. That same kind of research allows accurate real estate market forecasts. Now, we are informing that the suburban single-family real estate market is next to decline in price as numerous corporate bankruptcies and capitulation eventually kick in. We recognize that most people don’t have the “cycle” gene. Most find it difficult to know when the winds are changing, and how to visualize the results. The Loft Blog is happy to step in and help with that. We get it right by studying all global financial markets over decades, accounting for cycles and trends, while keeping a focused daily eye, ear and hand on the local Downtown and Greater Los Angeles real estate market.
As the rich rapidly get richer while the poor get poorer, the L.A. loft market is bifurcating into winners and losers. Attractive expensive properties retain their value, while dismal depressed properties fall. As more urban real estate owners realize that they are losing equity, it’s time for astute investors to begin stealing some amazing lofts, fixing them up and making a big profit. More and more precarious loft owners who can not withstand more years of falling equity consider bailing out at a loss.
FIND OUT HOW MUCH THE HOME DOWN THE STREET SOLD FOR
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None of the information contained on this Site constitutes a recommendation, solicitation or offer by the L.A. Loft Blog, Entar or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. All investment involves risk. The information contained in this Site has been prepared without reference to any particular user’s investment requirements or financial situation. Certain transactions give rise to substantial risk and are not suitable for all investors. Prior to the execution of any transaction, you should consult your business advisor, attorney and tax and accounting advisors with respect to the price, suitability, value, risk or other aspects of any security or other investment.
A year of ugliness brings a more beautiful future. Higgins Building homeowners invest millions.
