The King’s Real Estate: What Properties Did King Charles III just Inherit from Queen Elizabeth?

Castles galore go to the new king of England (A.I. artist rendering)

REAL ESTATE NEWS (Los Angeles) β€” In our team’s experience, some of the best, easier real estate clients to deal with are deceased. They don’t argue, and they tend to be very giving. For Queen Elizabeth, this is especially true. Her son, King Charles, while certainly grieving the loss of his beloved mum, has won some consolation prizes of consequence. Some have underestimated her wealth at just $500 million, but this is a drop in the bucket. The figure does not begin to include all of the royal assets, including vast lands, businesses and investment trusts now under the king’s control in 7 countries, countless family jewels, art collections, goodwill and brand value. In 2017, the monarchy’s brand was valued at around USD 88 billion by valuation consultancy firm Brand Finance.

In addition to 6 castles throughout the U.K., and many properties in he U.S., Charles has gained the largest real estate collection in the world, from the woman who was very much the wealthiest woman in the world, altogether worth more than $2 trillion. Chuck gets it all β€” with no inheritance tax. Here are some of the new king’s most famous digs:

Buckingham Palace β€” To most, 5 bedrooms or 10 rooms total is quite a bit. The royal family headquarters has 775 rooms.

Windsor Castle β€” The country home of the royal family is no cabin. It’s the world’s largest occupied castle, with 1,000 rooms on 17 acres of land.

Holyrood Palace β€” The official royal residence in Scotland

Balmoral Castle β€” The summer home where Queen Elizabeth passed away, her favorite residence.

Sandringham Estate β€” Passed down from Queen Victoria, this private residence features races horse stables and a hunting lodge.

We’ve heard that Meghan Markle has a nice pad in Los Angeles, but we could not track down it’s true location or size due to conflicting and missing information. If you know where Meghan and Harry are living, please let us know royaldigs@entar.com

More castles of the royal family

While not as sprawling as the royal estates, urban Los Angeles has some impressive condos roomy enough to stretch out, and walkable to some hip spots in the creative capital of the world, Los Angeles. Get a free list of the best luxury properties in Los Angeles. Fill out the online form:

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King Charles III now world’s largest landlord β€” Hip, Hip, Hoorah!!! (A.I. artist rendering)

Copyright Β© This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 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. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Stagflation Causes Higher Prices and Fewer Transactions

Supply and demand are out of sync, and builders can’t swing hammers fast enough to keep up.

Stagflation in the context of the housing market describes a combination of high inflation of the price for properties, and economic stagnation as reflected by a slow growth rate of properties for sale. The high demand for properties at any price is keeping inventory moving quickly β€” too quickly to allow new home builders and existing home sellers to fill the demand.

Though homebuilders continue to respond to the elevated demand, the number of homes being completed continues stagnate due to persistent supply chain problems, as reported by Bloomberg. “For want of a nail, the battle was lost,” as the saying goes, and so goes our economy. This stagflation is a headache for buyers and builders alike, but it’s a boon for sellers of existing homes. Demand is not going away; it’s a painful patch for our economy. Stagflation isΒ a period when slow economic growth and joblessness coincide with rising inflation. As oil and gas hit record prices, Google searches for the term “stagflation” have spiked.#stagflation #newhomes

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The Fed tries to use interest rates to steer the economy time will tell if it’s working.

Copyright Β© This free information is provided courtesy of L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. EAC22060702KT 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. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.