Zombie Cities: A Warning to Los Angeles from San Francisco, Seattle, Portland and Philly

Why I Reached Out to a Seattle Blogger: A Plea for a Focused Lens on a Failing City

REAL ESTATE NEWS (Los Angeles, CA) — A couple of days ago, I found myself deeply engrossed in an email I was composing. The recipient was a Seattle blogger, who recently published a piece detailing the closing of a promising local store, Amazon Go. While his prose was somewhat elegant, I couldn’t shake off a feeling of intense frustration. Why? Because the post failed to address the complex web of underlying issues that led to the store’s closing.

In the text, I wrote, “How can you write a blog post about a Seattle store closing without even scratching the surface of the why it closed? You are fake news. Crime and censorship are king and queen of failed socialist city Seattle. You are their pawn. Try reading and telling the whole truth. The world might then begin to care about what you say.” To help him out, I included news reports about a Starbucks closure, retail theft and Seattle resident mass exodus. I’ve written plenty of warnings about California’s own exodus.

As the middle class gives way to more haves and have-nots, luxury lofts flourish in Los Angeles.

Might this email have come across as stern? Yes, but it needed to be. The city of Seattle, like many other urban areas in the United States such as San Francisco and Portland, is facing a range of deep-seated issues that are driving away its residents. So is Los Angeles. As the middle class gives way to more haves and have-nots, luxury lofts flourish in Los Angeles.

Let’s start with the glaring issue: the rise in crime rates. According to the Seattle Times, one in three Seattleites is considering leaving the city due to escalating crime and high living costs. Crime, as a social phenomenon, is influenced by various factors, but a well-documented connection has been established between crime rates and social policies. In Seattle, the prevalence of chronic criminal homelessness is a telling indicator of the failures in addressing the complex interplay between poverty, mental health, and addiction. City authorities have been unable to effectively manage these individuals, leading to a surge in crime rates that has sparked fear and insecurity among residents.

Then there’s the rise in living costs, another reason driving Seattle’s residents away. Housing prices have skyrocketed, causing unprecedented stress and financial hardship. Not surprisingly, Seattle’s housing market has become increasingly inaccessible for individuals earning lower incomes. According to a recent poll, renters, particularly those earning less than $20,000 a year, were more likely to consider moving out due to the city’s soaring housing prices.

However, there’s more to the problem than rising housing costs and crime. The increasing numbers of people considering leaving Seattle reflect deep-rooted social and economic disparities. Lower-income households have been pushed to the brink of housing insecurity, and homeownership has become an elusive dream for many. High-income earners are becoming increasingly concerned about public safety, with their concerns centered more on the city’s failing policies to combat crime effectively.

Despite these alarming statistics, the narrative portrayed by some media outlets remains one-sided and detached from reality. The city’s narrative must reflect the entire truth if we are to find solutions that address the root causes of these issues. Unfortunately, some news outlets and blogs continue to gloss over the complexities of these issues, painting an incomplete picture that does little to spur collective action or affect meaningful change.

This brings us back to why I reached out to the Seattle blogger. Just like many of us, he plays a critical role in shaping public opinion and awareness. Yet, his recent post, while eloquent and well-written, didn’t do justice to the complex and multifaceted issues at hand. Instead of a comprehensive analysis, readers received a superficial overview of the problem, devoid of depth and context.

So, I urge every blogger, reporter, and citizen of Seattle and beyond: don’t just scratch the surface. Delve deep into the issue, question the status quo, and most importantly, tell the whole truth. Seattle’s current state is a cautionary tale for all urban cities, and if we don’t learn from it, cities like Los Angeles may be next.

L.A. is hanging in the precipice. While taking the Metro train to properties and restaurants in Downtown Los Anglees over several days this week, more than 20% of my favorite restaurants were permanently closed, vacant. Although the Metro train was full of people breaking the rules (playing loud music, drinking, smoking, and even filling up the train with smoke by burning pieces of paper), Metro safety personnel almost never stepped foot on board a train, except very briefly. We never saw any sign of much-needed police on a Metro train. While L.A. currently has fewer used needles per square foot that some area, our goal should be 100% clean and safe streets, where women, children and pets can walk to schools, parks, shops and public transportation. Homeless addicts who want a clean, safe life plead, “call in the military!” Under the current system, homeless are being neglected, abused and killed like never before. Successful cities do not leave babies, puppies, criminals or incapacitated adults to fend for themselves. One thing is certain of a solution: rich, poor and middle class must follow the same rules.

Some skilled Los Angeles residents even find jobs in Seattle, not far from its own hordes of homeless. Seattle big tech industry is doing super. With almost no rules, lots of free stuff, cheap drugs and no taxes to pay, homeless drug addicts are feeling no pain in a sense, while being treated more harshly than feral animals in some ways. The hard-working middle class is getting squeezed, squashed and robbed. Like Seattle, criminals and closed businesses are creeping into Los Angeles. Everyone must get the facts. We’ve seen particularly bad, dangerous cities in the 70s. While some “starving” artists love the gritty city inspiration, the average Downtowner will ultimately not cope with a dirty, dangerous city. Everyone must face the truth. Without sunlight, California has nothing. There are many clean, safe big cities in the world. Los Angeles must strive to be one of those.

My email to the Seattle blogger was a plea for responsible reporting from all cities. Portland today embraces the zombie apocalypse model; deadly Philadelphia is even worse — so bad that the police don’t even care any more. It was a call for him, and others, to lend their voices to the unheard and to hold a mirror to the city’s faults. In sharing the whole truth, we can begin to engage in a dialogue that leads to transformative solutions. Let us not be pawns in the game of misinformation, but rather, champions for the truth, for it is only through an honest lens and sunlight that we can start to address and rectify the issues plaguing our beloved cities, especially LA.

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The New AI HELOC: A Revolutionary Lending Experience

It’s now available and its amazing!

REAL ESTATE NEWS (Los Angeles, CA) — In the ever-evolving landscape of financial technology, one disruptive innovation is reshaping the lending market as we know it. Artificial intelligence, a concept that might have seemed like the stuff of sci-fi just a decade ago, has now made its grand entry into the Home Equity Line of Credit (HELOC) industry. We are excited to introduce the revolutionary new offering – the AI 5 Day HELOC. It’s more than just incredible. It’s groundbreaking.

Harnessing the power of artificial intelligence, this program entirely revolutionizes the way loans are issued and managed. With the AI 5 Day HELOC, traditional mortgage constraints like time-consuming appraisals, escrow, and title costs are eliminated. This cutting-edge AI-driven approach streamlines the process from application to funding, making the journey smoother, faster, and much more efficient.

What is a HELOC?

A Home Equity Line of Credit (HELOC) is a type of loan that allows you to borrow money against the equity in your home. Equity is the difference between the appraised value of your home and the outstanding balance on your mortgage.

A HELOC works similarly to a credit card. You’re given a credit limit based on your home equity, and you can borrow up to that limit. The draw period, usually 5 to 10 years, is the time during which you can borrow money. Once the draw period ends, you enter the repayment period, typically 10 to 20 years, during which you must repay the borrowed funds.

Benefits of a HELOC

Flexibility: Unlike traditional loans, a HELOC gives you the flexibility to borrow as little or as much as you need, up to your credit limit. You only pay interest on the amount you draw, not the total line of credit available.
Lower Interest Rates: Compared to credit cards and personal loans, HELOCs generally offer lower interest rates because they are secured by your home.
Potential Tax Benefits: In some cases, the interest paid on a HELOC might be tax-deductible, but it’s always wise to consult with a tax advisor before making such assumptions.
Versatility: You can use the funds from a HELOC for a variety of purposes, such as home renovations, debt consolidation, education expenses, or even to fund a small business venture.

Drawbacks of a HELOC

Risk of Home Loss: Since your home is used as collateral for a HELOC, failing to make timely payments can lead to foreclosure.
Fluctuating Interest Rates: Most HELOCs come with variable interest rates, meaning your payment amounts could change over time. This unpredictability can make budgeting a challenge.
Potential Fees and Penalties: Some lenders charge annual fees, inactivity fees, or penalties for early repayment. It’s essential to understand these potential costs before opening a HELOC.

Applying for a HELOC typically involves the following steps:

Assess Your Equity: Before you apply, calculate how much equity you have in your home. Most lenders will only allow you to borrow up to 85% of your home’s value, minus any existing mortgage.
Check Your Credit: A good credit score increases your chances of approval and can help secure a lower interest rate.
Shop Around: Compare rates, fees, and terms from several lenders before deciding on a HELOC provider.
Submit an Application: Once you’ve chosen a lender, you’ll need to fill out an application and provide necessary documentation, such as proof of income and information about your debts.
Undergo a Home Appraisal: The lender will likely require a home appraisal to determine the current value of your home.
Close on Your Line of Credit: If approved, you’ll close on your line of credit, much like you would a standard loan.

A HELOC can be a valuable financial tool if used wisely and responsibly. It offers flexibility and access to affordable funding, but it’s not without risks, most significantly the potential loss of your home if you default on your payments. As such, it’s crucial to consider both the benefits and drawbacks carefully and evaluate your ability to repay before deciding on a HELOC.

If you plan to use a HELOC for significant expenses like home improvements or education costs, make sure these are investments that will add value in the long run. Using a HELOC for short-term needs or splurging can potentially lead to financial problems.

Interest rates on HELOCs can also be variable, which means they can increase or decrease over time. So, while the initial low interest rates may be attractive, it’s essential to plan for possible rate hikes in the future.

A HELOC provides a flexible line of credit that leverages your home equity, allowing you to borrow funds as needed. With its benefits, it can be an attractive option for homeowners looking to finance large projects or consolidate higher-interest debts. But this flexibility also comes with responsibility. A HELOC is not a one-size-fits-all solution, and what works for one homeowner might not work for another.

Lending Reimagined: Enter the AI 5 Day HELOC

Typical lending protocols can seem daunting. Appraisals, credit checks, long processing times – these have all been barriers that have discouraged potential borrowers in the past. But this is the dawn of a new era, where AI not only simplifies the process but amplifies its efficiency as well.

What makes the AI 5 Day HELOC program unique? Here are some features that set it apart:

No Appraisal, No Escrow, No Title Costs: The AI 5 Day HELOC has done away with the usual players in the lending process. We don’t require an appraisal, escrow, or title services, thus reducing the potential for delays and keeping overall costs low.
Fixed-Rate Loans: The unpredictability of adjustable-rate loans can be unsettling. That’s why the AI 5 Day HELOC provides fixed-rate loans ranging from 10 to 30 years, adding an extra layer of stability to your finances.
Quick Funding: We understand that time is of the essence. The AI 5 Day HELOC program guarantees that your loan can be funded within 5-7 business days.
No Hard Pull on Credit Reports: Traditional lenders usually conduct a ‘hard pull’ on credit reports which could impact the borrower’s credit score. With AI technology, you can quickly apply for a loan without causing any hard hits on your credit report.
Flexible Qualifying Criteria: The AI 5 Day HELOC uses both income and assets to qualify applicants for loans up to $400,000. This inclusive approach ensures a wide range of potential borrowers can access loan services.
Wide Eligibility: We accept applications for primary residences, second homes, and investment properties. Furthermore, it comes with relaxed Homeowners Association (HOA) requirements, opening the door for all non-warrantable condominiums to be eligible as well.

A Simple Application Process

Traditional lending protocols often entail complex forms, endless paperwork, and confusing jargon. However, with the AI 5 Day HELOC, we have distilled the application process down to a few straightforward steps:

Reach out to us via call or email to request your application link.
We enter a few pieces of your information into our system to generate the application link.
You use this link to complete your application in just 5 minutes.
Sit back and relax as your loan gets funded in as little as 5 business days.
The beauty of the AI 5 Day HELOC program lies in its simplicity. The entire process from start to finish is streamlined, efficient, and customer-centric. If you are not satisfied with the loan offer you receive, there is no obligation to proceed further. The power to decide lies entirely in your hands.

Why AI in Lending?

Artificial intelligence brings a plethora of benefits to the lending industry. It not only speeds up processes but also makes them more accurate and efficient. Furthermore, AI systems learn and improve over time, which means the AI 5 Day HELOC will keep getting better at serving your needs. Here are some of the reasons why AI is the future of lending:

  1. Speed: The AI 5 Day HELOC leverages advanced algorithms to quickly analyze borrower data and make decisions in real-time. This results in drastically reduced processing times, enabling us to fund your loan within 5-7 business days.
  2. Accuracy: AI eliminates human error, ensuring accuracy in computations, document reviews, and loan approvals. It maintains the integrity of the process while keeping discrepancies at bay.
  3. Flexibility: The AI 5 Day HELOC program is not rigid. It takes into account various factors such as income and assets, making it possible to offer loans to a broader range of customers, including those who might not qualify under traditional lending models.
  4. Learning and Adaptability: AI systems learn from every transaction, continuously improving their algorithms for future dealings. This learning capability allows the AI 5 Day HELOC program to evolve, continually enhancing customer experience and satisfaction.
  5. Personalization: Using sophisticated data analysis, AI can offer personalized loan solutions tailored to individual customer needs. This personalization improves the likelihood of loan approval and borrower satisfaction.

Reach Out to Us Today

The AI 5 Day HELOC is more than just a financial product; it’s a step towards a more efficient, transparent, and accessible lending industry. By blending the latest in artificial intelligence with an in-depth understanding of borrowers’ needs, the new loan technology is able to deliver a unique, user-friendly loan product that meets and exceeds expectations.

So why wait? Get in touch with us today to request your link to qualify. The application process takes no more than 5 minutes of your time. Whether you’re planning a major home renovation, looking to consolidate high-interest debt, or need funds for an unexpected expense, the AI 5 Day HELOC is here to simplify your financial journey.

We are committed to providing you with an incredible experience. Should you have any questions, concerns, or comments, the Corey Chambers team stands ready to assist. Contact us at ailoan@entar.com or call us directly at (213) 880-9910. The AI 5 Day HELOC isn’t just a loan; it’s the future of lending, available today.

Join us as we revolutionize the lending industry, one AI-assisted loan at a time.

Thank you for your time. Welcome to a world where borrowing is quick, simple, and customer-centric, thanks to the power of artificial intelligence. Welcome to the AI 5 Day HELOC. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.