Communist China Real Estate Crash Leads to Total Economic Collapse

Aftershocks expected in world economy

Real Estate News (Los Angeles, CA) β€” While Los Angeles and U.S. real estate has not felt much effects of the economic collapse in China, the ripple effects in the global economy are coming β€” from investment capital to supply chain collapse. Due to the nature of a world economy, as China goes, so goes the world.

There is a lack of follow-through on building projects, forcing many mainland China homeowners unable to get by living in unfinished apartments. See the video story here.

Citizens have lost confidence in the banks in China, and the government is helping to cover up the scandal. See the whole story here. Β 

Six billion dollars in regular people’s savings were lost in a banking scandal. See the tragic consequences here.

Bank of Sichuan staff in China posts in public forum: β€˜It feels like the end of world.’ 
ICBC the worlds largest bank suffers crippling cash shortage leading to a run on the bank brances across China. – Money is gone!Β 

Intenet reporting continues to show consistent economic collapse in the wake of covid lock downs, along with economic failures in housing and commercial markets. By some accounts, China has already collapsed .

What do you expect the effects of the economic collapse to be in your life? #comment.

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#icbccollapse #chineseeconomynews

World economy braces for the coming pains

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. 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. EAC22080202KT 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.

Rowan Building Lofts 460 Spring St #701 β€” New Photos and Video Tour

Rowan Building Lofts 460 S Spring St #701

Lots of natural light, awesome city views and parking included! Historic character and style with modern kitchen and bathroom. Washer and dryer laundry in unit. The Rowan is conveniently in the heart of Downtown Los Angeles, right next to Spring Street Park. The historic building consists of 206 loft condo units, meticulously converted into innovative living spaces. showcased by the original exposed brick walls and oversized windows with mahogany wood window sills. Take a look at the photo slideshow:

Italian Scavolini cabinetry, Bosch appliances, granite or CaesarStone counter tops, TOTO bathroom fixtures and Maple wood flooring add special touches of distinction. Bedroom area provides excellent separation, privacy and a large closet. This loft is a 1 bedroom, 1 bath, approximately 720 / 830 sq ft living spaces (per county / developer). The rent includes a covered parking space in the building behind the Rowan Lofts. Former model home. Just steps from countless restaurants, cafes, bars, pubs, shopping, entertainment and public transportation. Centrally located in Downtown LA, walk or bike almost anywhere – Easy access to Fwy: 110, 10, 101 near Metro-Red Line Pershing Square. DETAILS | VIDEO

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Condo apartment unit with views

Copyright Β© This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Reali, Inc, CalDRE 01889449. We are not associated with the 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.