Mega Mansion in Belair Famous for Failing to Sell

This LA property is famous for all the wrong reasons. It’s a fixer-upper for sure and recently sold for half its expected sale price. With a final sale price of roughly $140 million dollars, including the winning bid plus commissions and fees, as reported by theGuardian.com, this property has a movie theatre and sadly has …

Stagflation Nation – Economic Stagnation, Price Inflation and Real Estate Part 4

In 2015, the Loft Blog warned readers that inflation would make an appearance in our future. In 2020, that prediction proved very accurate when billionaire Warren Buffett suddenly dumped bank stocks, in favor of gold mining stocks to protect from serious inflation combining with economic stagnation. Since then, federal politicians and bureaucrats have denied the …