Real Estate vs Bitcoin Investment

Reader Questions:

We’re happy to provide the answers to these reader questions: #realestate

Q: Is there an artist loft los angeles for rent? A: Yes, find artist lofts for rent http://www.laloftblog.idxbroker.com/i/artist-lofts-for-lease-all
Q: Has oceanwide plaza resumed construction? A: We can see no sign of construction progress at the Oceanwide Plaza project site | Video
Q: What are the lofts for rent near me? A: Those near Downtown Los Angeles can find lofts for rent at https://www.laloftblog.com/lofts-for-lease/
Q: What’s available at the brewery la lofts? A: Brewery Lofts in Los Angeles at 1920 N Main St, Los Angeles, CA 90031 can be reached at 323-222-3007
Q: Can I see the interior of 1100 s bixel? A: We’re not familiar with anything at that address. Perhaps you are referring to 1100 Wilshire www.1100Lofts.com

It’s our pleasure to answer reader questions. Below is additional information about some timely blockchain and cryptocurrency topics:

DeFi Yield Farming – Crypto Investors Claim to be Raking In 100%+ Annualized Yields, according to Forbes. This new blockchain derivative attracts investors into the world of crypto finance. It’s about borrowing blockchain capital or otherwise leveraging DeFi protocols and products to generate high rates of return. In some cases, more than 100% annualized yields have been achieved when factoring in “cashback” bonuses and incentives.  Twitter is among the most popular places to advertise, promote and educate about these new blockchain investment methods such as $COMP on @Instadapp.  One Twitter user, DeFi Dad, offers a $250 per month return on $10,000 investment.  These promises represent among the riskiest of investments, if you can call them that. The higher the offered ROI, combined with the fewest details and disclosures provided, the greater the risk of potential fraud and loss of investment capital.  For example:  If a Facebook user offers a bitcoin investment with a 200% return in one week, the investor/victim should suspect a ponzi scheme or other scam.

Stablecoin – Cryptocurrencies designed to minimize volatility of the price of the stablecoin, relative to some “stable” asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities. Tether is the most popular stable coin, and is pegged to the dollar.  Stablecoins may offer the same or greater risk than other cryptocurrencies, but stable coins go down in value, while other coins usually have large upswings in value. Stablecoins also tend to be manipulated by a controlling company, and may lack outside auditing. When a stablecoin destabilizes, it may drop in value precipitously.

Ethereum – The second largest cryptocurrency platform by market capitalization, behind Bitcoin. It is a decentralized open source blockchain featuring smart contract functionality. Ether is the cryptocurrency generated by Ethereum miners as a reward for computations performed to secure the blockchain. Ethereum powers thousands of applications.

Entar Coin – The L.A. Loft Blog recently announced the launch of Entar Coin, designed to tokenize and fractionalize real estate, and even to provide rewards for L.A. Loft Blog readers and thousands of other uses. Get 100 free Entar Coins while supplies last:

ENTAR COIN FAUCET

Real Estate – The king of investments, real estate is the largest investment achieved by the average American.  More than 64% of American families own their home.

Get a free list of investments. #bitcoin

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.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. #investment

Real Estate Market Los Angeles: Tsunami of Evictions

A ‘tsunami of evictions’ is coming, warns housing advocates

About 28 million people across the country face homelessness as states lift temporary eviction moratoriums put in place to protect people who fell behind on rent because of the coronavirus panic.

At the same time, 30 million unemployed workers will lose their $600 a week in pandemic unemployment assistance, a benefit that is set to expire at the end of the month. Across the country, landlords are filing eviction orders with courts, leading some jurisdictions to hold eviction proceedings online or at large convention centers as social distancing measures are still in place.

As earlier warned by the L.A. Loft Blog, potential economic recovery has stalled due to ongoing panic and mass hysteria..

Homelessness could increase nationally by between 40 to 45 percent this year compared to January 2019, according to a Columbia University study.

In Los Angeles, renter support groups are popping up, encouraging renters to simply stop paying rent.

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Los Angeles consumer groups encourage renters to stop paying.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.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.