Oceanwide Obstacles – Constructions Halts at Downtown Los Angeles Condo Megaproject

REAL ESTATE NEWS – Update Downtown Los Angeles —  It’s hard enough to get any construction done in L.A.; just trying to figure out and comply with the city’s vast regulations and frustrating inspection process is enough to make builders throw in the towel.  Add the financial challenges of a China-backed developer trying to obtain …

The Tragic Downfall of Communist China’s Real Estate Market: A Cautionary Tale for Investors

REAL ESTATE NEWS (Los Angeles, CA) — For years, the unwise mainstream media asserted that Communist China’s economy was immune to recessions due to its communist control. However, recent events are painting a much grimmer picture, proving that no economy is recession-proof, especially one that is fundamentally flawed. The downfall of China’s real estate market, …