Evergrande Defaulted on its Debt – Will That Mean Troubles for the US Economy?

Shanghai at dusk, Huangpu river and financial district skyline in sunset

For the Chinese economy, the hit from the Evergrande failure will shake the system badly. As evidenced by the government stepping in to shore up the company’s day-to-day operations in China.

Peter Cohan, a lecturer at Babson College and author of “Goliath Strikes Back,” told GOBankingRates that Evergrande’s default will have no significant effect on the U.S. economy since it has only $20 billion in U.S. dollar bonds outstanding. Nevertheless, we think this is a moment to knock on wood.

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What do you see as the fallout in the Los Angeles real estate market? Comment

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The size of the bond market is estimated to be at $119 trillion worldwide and $46 trillion for the U.S. market — the Evergrande bonds are 0.04% of the U.S. total,” Cohan said. “Investors in those bonds will suffer losses. The risk of Evergrande’s default has been high for a long time. Those who invested in the bonds should be well-prepared for what is happening now. Even if those investors end up losing everything, the systemic impact will be tiny.” See the source article here.

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Uncertain Fallout from Chinese real estate failure. We can at least count on the smog.

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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.

Make a Wide-Open Live/Work Loft Feel Like a Home

Balance the space in your loft with varied use areas

Industrial lofts and live-work open concept spaces are covetable for many reasons, from the high ceilings to the spacious layouts. But the features that make them great also pose a few challenges, like creating privacy (or at least the illusion of it), ensuring visual flow, and just generally decorating it,,,, so it doesn’t feel like you’re holed up in a stark warehouse. But, don’t worry. We’ve got your loft design woes covered. Here are 3 loft decorating ideas and tips that will will help you make a cavernous space feel cozy.

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Install glass walls to seperate spaces without breaking your line of site.

Keep your bedroom space private without shrinking the open feel of a loft by installing interior glass doors. In this formal loft by Maltev Design, the French glass doors stretch up the ceiling, accentuating its height even further.

How would you bring the home feeling to your loft? Share your idea here. comment.

Have fun with odd bonus spaces.

If that open upper deck of the loft feels too exposed for private spaces, turn it into a fun bonus room instead. Go all out with a game room—foosball, air hockey, a pool table, ping-pong, you name it.

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Turn part of your space into a home office.

You could also use the upper level as a workspace since it tends to feel a little more contained and quiet than the open bottom level. It’s perfect for anyone who works from home.

Ideas found in this article Link to House Beautiful and Pinterest

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Keep the wide open feel with interior galss walls

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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.