Tag: ethereum

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Property Market Cools as Stagflation Grips Global Real Estate Prices – REAL ESTATE NEWS

Downtown Los Angeles urban home values recover and rise as global real estate industry falters.

ASK COREY CHAMBERS

Q: Do you think the suburban areas will follow suit but by that I mean start to slow?
It seems inventory is a big factor keeping the process high out there. That and I suppose the anticipated slow tapering?

A: Yes, suburban areas are already cooling. That’s why real estate website company Zillow nearly went bankrupt by trying to buy and flip real estate, losing hundreds of millions.

Loft Blog readers should know that we have witnessed a largely socialist economy for several years now, so there is no longer any way to forecast real estate markets (or most other national markets) because a handful of politicians now have too great of an effect on national markets, with the most radical Federal Reserve manipulation ever, along with massive federal government helicopter money. This government interference obscures our perception of what is really the Greater Depression of the 2020s. While today’s punch-bowl policy devastates the dollar, there are things we can do to take advantage of the situation. Inflation and stagnation are affecting the global real estate market today, and they also affect the way that we must think about investing.

Americans are beginning to hear about more and more big real estate companies going bust or in trouble. Last month, it was giant mainland China real estate companies Evergrande and Fantasia Holdings Group Inc. Today, struggling Kaisa Group in China, and Zillow iBuyer program in the U.S. are in hot water due to poor investment decisions amid cooling of global real estate markets. Communist China has been contaminating the U.S. property market for several years. Ghostly zombie real estate megaproject OceanWide Plaza, for example, decays in Downtown Los Angeles like a graveyard of dreams, reportedly up to a $2.3 billion boondoggle.

Urban investors and prospective inner city home buyers must be aware that local real estate markets vary widely from national and global markets. The Loft Blog recently reported that DTLA property prices rose solidly for the last two months over the same period last year. While the safest suburbs boomed during the virus panic, the roles have reversed this season. Downtown LA now leads the way forward while the national and global markets hit some snags. This could be alleviated somewhat by lifting of some US travel restrictions expected within days, but these world travelers are likely to put further upward pressure on prices of luxury coastal properties, further pushing an already bifurcated U.S. real estate market into richer and richer / poorer and poorer, shrinking an already dwindling middle class.

Downtown Los Angeles inventory is loose around Skid Row, yet tightening up a bit in the cleaner areas. Nation-wide inventory is expected to loosen from Zillow’s dump of thousands of homes, as other large real estate players tighten their belts. Fortune expects real estate to cool in 2022, but inflation will continue to artificially prop up most asset prices, including real estate. Ownership of valuable investments becomes even more important during hard times, giving investors tools to instantly improve their cash positions while profiting from increasing rents. The stock market also benefits from stagflation because equity investments are boosted as traditional employment becomes less desirable in a bubbly market of stagflation.

REAL ESTATE IS DUMB

Gold has traditionally been the most notable hedge against inflation, but that hedge industry has been partly moving to new technologies. Gold investors, along with blockchain cryptocurrency Bitcoin and Ethereum hodlers, benefit from asset inflation caused by dollar demise. Cryptocurrencies have the added advantage of rapidly increasing technological implementation by private industries to increase efficiencies and profits from increased payment options and powerful smart contracts. With an increase in value of more than 8.9 million percent since 2010, Bitcoin has proven among the most profitable technological store-of-wealth investments in history. Providing a cornucopia of new DeFi decentralized financial arrangements, agreements and terms between buyers, sellers and investors, Ethereum allows direct writing of these smart contracts into automatically executable lines of code on its blockchain. This has forged Ethereum into the #2 cryptocurrency, on a trajectory that could capture the #1 spot of technology and investments. As much as the Loft Blog loves real estate, we must acknowledge the breakthrough truth spoken by Real Vision founder, investor Raoul Pal, who boldly announced that all other investments are “dumb” compared to Bitcoin. Like other tech-savvy investors, Pal has added Ethereum to his focus. It’s hard to say which is more dumb moving forward: investing in real estate or paying skyrocketing rents in a new era of runaway inflation. | COMMENT

The Loft Blog made similarly bold suggestions in recent years, proven right to the tune of millions of dollars for those who sold property to buy Bitcoin. Interestingly, we’ve learned that the most profitable guidance or suggestions are usually the most ignored, because very high reward entails higher perception of risk. In reality, cryptocurrency investments have thus proven 8.9 million percent safer than the U.S. Dollar, and blockchain investments have likewise trounced real estate investments by meteoric margins. Compared to crypto investments, real estate is dumb. Bitcoin has skyrocketed over real estate by about 4.5 million percent.

Cryptocurrency Coin Creation

Q: Can you please step me thru the stages required to create a coin, and the cost involved? thank you

A: Thank you for your question about blockchain-related investment technologies, our favorite topic lately. Notable investor Raoul Pal recently called all other investments “dumb” compared to Bitcoin. Previously, it required a team of programmers, developers, coders and engineers to create your own blockchain cryptocurrency coin from scratch. They had to compile source code, install libraries, navigate Linux, configure code, build catalogs and perform regression tests. Today, it is simply a matter of ordering from a team that has done most of that technical stuff for you. Simply fill out a short form, and receive a software-based coin wallet, comprehensive mining support and hosting services, along with documentation and technical support by phone, text and email.  The Entar blockchain team has created a system called YourOwnCoin to vastly simplify the creation and hosting of blockchain cryptocurrencies, so that most anyone can create, mine, send and receive their own crypto coin that has largely the same parameters as Bitcoin. The cost is $49 per month for the YourOwnCoin package, hosting and support. The Entar YourOwnCoin order form is at: 
https://laloft.wufoo.com/forms/rry21u207yf1pu/

More details are at: https://www.laloftblog.com/?s=entar

FHA/VA 3.5% Down Payment

Q: Are there any lofts for sale approved for FHA financing?

A: Yes, but not very many. Many people don’t know that they might be able to put zero down to 5% down on a loft for sale. You can get a free list of FHA / VA approved lofts and condos for sale. REQUEST A LIST

FIND OUT HOW MUCH YOUR HOME IS WORTH.

Get a free list of recently sold lofts in Downtown Los Angeles. Fill out the online form:

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Buying real estate as an investment called “dumb” by investor Raoul Pal.

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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Cryptocurrency Investment: Bitcoin, Ethereum and Hex

What counts as currency? How did blockchain become the world’s most stellar investment?
Check out the Little Tokyo Loft Saturday

In our ongoing project to create an investment newsletter here is an article we would like to share about cryptocurrency. We think there is considerable interest in the topic. Without diving too deep, we’d like to offer an outline in question and answer form.

While it is always a good time to invest in real estate. We would like to explore other options. some options cross over into real estate.

Cryptocurrencies stand in for cash, check, or charge. Youcan trade them for profit like stocks and bonds. Here’s more about what cryptocurrency is, how to buy it and how to protect yourself.

What is cryptocurrency?

A cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their currencies, often called tokens. These can be traded specifically for the goods or services that the company provides. Think of them as you would arcade tokens or casino chips, or for that matter, a $20.00 bill is just a token of value. Of course, you’ll need to exchange real currency for the cryptocurrency to access the good or service.

Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manage and records transactions. Part of the appeal of this technology is its security.

How many cryptocurrencies are there? What are they worth?

More than 10,000 different cryptocurrencies are traded publicly, according to CoinMarketCap.com, a market research website. And cryptocurrencies continue to proliferate. The total value of all cryptocurrencies on Aug. 18, 2021, was more than $1.9 trillion — down from the April high of $2.2 trillion, according to CoinMarketCap. The total value of all bitcoins, the most popular digital currency, was pegged at about $849 billion.

Why are cryptocurrencies so popular?

Cryptocurrencies appeal to their supporters for a variety of reasons. Here are some of the most popular:

  • Supporters see cryptocurrencies such as Bitcoin as the future currency. They are racing to buy them now, presumably before they become more valuable.
  • Some supporters like the fact that cryptocurrency removes central banks from managing the money supply since, over time, these banks tend to reduce the value of money via inflation.
  • Other supporters like the technology behind cryptocurrencies. For many applications, blockchain is appealing for security and transparency beyond its use in cryptocurrency.  
  • Some speculators like cryptocurrencies because they’re going up in value and have no interest in the currencies’ long-term acceptance as a way to move money.  

Are cryptocurrencies a good investment?

Cryptocurrencies may go up in value, but many investors see them as mere speculations, not real investments. The reason? Just like real currencies, cryptocurrencies generate no cash flow, so for you to profit, someone has to pay more for the money than you did.

That’s what’s called “the greater fool” theory of investment. Contrast that to a well-managed business, which increases its value over time by growing the profitability and cash flow of the operation.

“For those who see cryptocurrencies such as bitcoin as the currency of the future, that may be true. The question is, when will that future come? With swings in value leading to virtual runs on the bank, crypto needs to build public confidence. Confidence in currency derives from its stability.

Some notable voices in the investment community have advised would-be investors to steer clear of them. 

Bitcoin and other cryptocurrencies have been anything but stable throughout much of their history. For example, while Bitcoin traded at close to $20,000 in December 2017, its value then dropped to about $3,200 a year later. However, by December 2020, it was trading at record levels again. This price volatility creates a problem. Suppose bitcoins might be worth a lot more in the future. In that case, people are less likely to spend and circulate them today, making them less viable as a currency. Why spend a bitcoin when it could be worth three times the value next year?

While some cryptocurrencies, including Bitcoin, are available for purchase with U.S. dollars. Others require that you pay with bitcoins or another cryptocurrency.

#entarcoin

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange. Then you can transfer real money to buy cryptocurrencies such as Bitcoin or Ethereum. Here’s more on how to invest in Bitcoin.

Coinbase is one popular cryptocurrency trading exchange. It’s where you can create a wallet and buy and sell Bitcoin and other cryptocurrencies. Also, a growing number of online brokers offer cryptocurrencies, such as eToro, Tradestation, and Sofi Active Investing. Robinhood offers free cryptocurrency trades (Robinhood Crypto is available in most, but not all, U.S. states).

Are cryptocurrencies legal?

There’s no question that they’re legal in the United States. However, China has essentially banned their use, and ultimately whether they’re legal depends on each country. Also, be sure to consider how to protect yourself from fraudsters who see cryptocurrencies as an opportunity to bilk investors. As always, buyer beware.

» Beyond Bitcoin: What are altcoins, and how do they work?

How do I protect myself?

If you’re looking to buy a cryptocurrency in an ICO, read the fine print in the company’s prospectus for this information:

  • Who owns the company? An identifiable and well-known owner is a positive sign.
  • Are there other significant investors who are investing in it? It’s a good sign if other well-known investors want a piece of the currency.
  • Will you own a stake in the company or just currency or tokens? This distinction is essential. Owning a stake means you get to participate in its earnings (you’re an owner), while buying tokens means you’re entitled to use them, like chips in a casino.
  • Is the currency already developed, or is the company looking to raise money to create it? The further along with the product, the less risky it is.

It can take a lot of work to comb through a prospectus; the more detail it has, the better your chances it’s legitimate. But even legitimacy doesn’t mean the currency will succeed. That’s an entirely separate question, and that requires a lot of market savvy.

But beyond those concerns, just having cryptocurrency exposes you to the risk of theft, as hackers try to penetrate the computer networks that maintain your assets. One high-profile exchange declared bankruptcy in 2014 after hackers stole hundreds of millions of dollars in bitcoins. Those aren’t typical risks for investing in stocks and funds on major U.S. exchanges.

#entarispowerful

Investing in cryptocurrency takes insight and information. Fill out the online form to learn more about Entar and Entar coin.

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SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
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Cryptocurrency comes in a variety of formats and investment opportunities.

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.