Luxury Lofts – Page 5

Bitcoin billions beget Bugatti billionaires

REAL ESTATE NEWS (Los Angeles, CA) — Fire, the wheel, the steam engine, electricity, the Internet, and now blockchain. These technological breakthroughs have created the most abundance, wealth and advancement for society. While stable, practical, vital real estate cannot be replaced by a digital asset, a house cannot deliver a five million percent monetary gain in just over 10 years. That’s why the Loft Blog has been reporting on the novel combination of crypto and real estate as fantastic hedge that has created vast riches and stability than any other pairing in history.

The Loft Blog is receiving many reports that prospective home buyers and investors are holding off until home prices drop. The problem with that strategy is that inflation is placing upward pressure on prices; high rent prices place upward pressure on home selling price; and few sellers currently feel pressure to sell at a lower price, especially while the employment rate is fairly high. A growing number of economists believe that the fed will be forced to ease again before home prices have a chance to drop substantially nationwide. Like most other long-term markets, the real estate market is currently noted for two things, inflation and stagnation. The result of the stagnation is that more people will ultimately be seeking wealth in other industries, particularly in the blockchain technology sector.

Crypto millionaires are already ubiquitous worldwide, while crypto billionaires become a staple on Youtube. Forbes has documented 19 people who made their first billion from crypto. YouTuber Carl Runefelt and many of his buddies made their millions from Bitcoin and other blockchain cryptocurrencies. Carl says it’s all about energy and mindset, and that he had to ignore negative naysayers, including his parents.

According to Max Keiser and Roberty Kiyosaki, the more that critics and politicians try to attack Bitcoin, the more its value goes up.

Did you know that the Loft Blog has also been partially funded by Bitcoin, in addition to traditional real estate practice? What’s your experience with crypto? | COMMENT

Get a free list of the top ten best investments during stagflation. Fill out the online form:

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Bitcoin billions: bring on Bugatti billionaires

Copyright © 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. | COMMENT

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

REAL ESTATE NEWS (Los Angeles) — 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 — with no inheritance tax. Here are some of the new king’s most famous digs:

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

Windsor Castle — 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 — The official royal residence in Scotland

Balmoral Castle — The summer home where Queen Elizabeth passed away, her favorite residence.

Sandringham Estate — 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:

<a href="https://laloft.wufoo.com/forms/z1xgigyh1skss8c/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

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Category: Luxury Lofts

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