Category: New Homes

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Global Real Estate Crash: Sh! It’s About to Get Real

REAL ESTATE NEWS

More than half of the “experts” say that we’re not in a bubble, but denial and irrational exuberance are exactly what precipitate the most dangerous bubbles. When accounting for historically extremely high stock and housing prices, surrounding the worst stock market crash, GDP crash and unemployment spike in history, the numbers say that an ultra huge economic crash is in the works. Runaway inflation must now be taken into consideration when contemplating the real estate market. Extreme Fed policy, amid secrecy and misinformation, can only paper over the bad news temporarily, eventually making it worse. It’s only matter of time before the public catches on. Printing money can only delay the inevitable, either when the Fed removes the punch bowl, or after the US dollar collapses.

Quartz says that there is no housing bubble, but Quartz is only partially correct. With the failure of mega property developers Evergrande and Kaisa, China’s real estate market has just seen the greatest hiccough in history, with American real estate companies also gasping. | Global crash warning | China’s new homes plummet

Will the U.S. housing market finally crash in 2022? Is Zillow’s recent setback a sign of real estate market trouble? The ECB European Central Bank sees housing bubble set to burst. What are most so-called experts missing? They’re failing to point out the roles that money printing, concealed inflation and economic stagnation are playing in the real estate market. Assets are being pumped up, but the pump is artificial and temporary. Global real estate is beginning to stagnate (enough to stifle the most weak, the most fake and the most over-hyped of players), but may not have a serious correction until after the Fed stops the radical money printing, or until the value of the U.S. dollar falls dramatically. Are you ready for the era of the $100 million dollar Big Mac?

In times of economic chaos, keep from falling behind. There’s a silver lining in every cloud. Take advantage of the opportunities to get ahead by recognizing and retaining the money that is left on the table for you. Robert Kiyosaki reminds us to be prepared to buy after prices tumble. Investors may profit from the global real estate crash by shorting stocks like zillow and open-door. | COMMENT

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LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Copyright © This free information provided courtesy L.A. Loft Blog with 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 subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. | COMMENT

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Downtown Los Angeles Neighborhoods and the Mills Act Properties that Benefit Owners: Rapidly Evolving

Mills Act Historic Core Downtown Los Angeles

As The Arts District and Greater Down Town Los Angeles. transforms into expensive luxury neighborhoods, prospective home buyers must put more effort into finding the best deals on amazing lofts. The Mills Act lofts can make it easier to find a great deal by providing property tax benefits that can represent a great deal on a home in Downtown L.A.  #millsact #downtownlosangeles #lofts

Not ready to buy? Check out our building index for Lofts and Condos available to lease.

BISCUIT COMPANY LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED   |   NEW

The Mills Act economic incentive program helps private homeowners, including loft condominium unit owners in California with the restoration and preservation of qualified historic buildings. For L.A., the program is administered and implemented by the City of Los Angeles. Mills Act contracts are between the property owners (HOA for condo buildings) and the city and county government granting the tax abatement.   |   REQUEST LIST

The Mills Act helps Los Angeles city hall to design preservation programs to accommodate Downtown and the entire city’s needs and priorities for rehabilitating its neighborhoods, encouraging seismic safety programs, contributing to affordable housing, promoting heritage tourism, and fostering pride of ownership. The city and neighborhoods get economic benefits of conserving resources and reinvestment as well as playing an important role in historic preservation for revitalizing older areas, creating cultural tourism, building civic pride, and retaining the sense of place and continuity with the community’s past.  |  MILLS ACT HOMES FOR SALE   |   MILLS ACT RECENTLY SOLD

Each local government establishes its own criteria and determines how many contracts it will allow in its jurisdiction.  

Not sure if you are already on the list or if your information is current? Check out the Mills Act Contacts List.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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

Shopping for a new loft? Look for a Mills Act Property to score a bargain.

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.