Tag: Real Estate News

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Crime in Los Angeles: Meet Your New Government

Angelenos pre-occupied with virus hysteria. Real enemies take control.

REAL ESTATE NEWS

Urban real estate prices continue to fall, as prospective home buyers dry up. While Angelenos are entirely distracted by an “invisible enemy,” the violent gangs have taken advantage, and have taken control. The city must capitulate to its failures, then make some difficult changes. Not just the property market, but our livelihoods and our lives depend on it.

Panic leads to very bad decisions. Hysteria leads to the very worst of results. It seems as though the only safety concern today involves a bad flu-like virus that is not even in the top 7 causes of death according to the CDC. This kind of mass hysteria leads to unexpected, undesirable outcomes. Extended mass hysteria leads to unlimited mass atrocities. For one local example, taxpayers have allowed the city to cripple hundreds of thousands of jobs, to stop enforcing most laws involving the homeless, attracting more crime, with less protection for middle-class taxpayers. As a result, L.A. homeless and middle class taxpayers both now suffer from a massive explosion of horrific crime, including violent assault and murder. Now that hundreds of thousands of retail, restaurant, travel, tourism, and entertainment industry jobs for the young adults of Los Angeles are impacted or wiped out, violent gang activities are the default career for many.

Unprotected homeless and the middle class are being abused and killed by gang members at an atrocious pace. The first two weeks of 2021 rang in more violent crime than the entire year of 2020. The people who we thought were our city officials now beg and plead with the real bosses — the teens and twenty-somethings who control the city streets with nearly unfettered, merciless power. LA gang members may once may have been our waiters — now they’re our armed robbers and our drive-by shooters.  They used to wear a vest with bowtie when they worked at the hotel restaurant.  Now they wear a white t -shirt, baggy pants and face tattoos. Violent gangs are the natural choice for young adults who are prevented from working by elected officials. The size and strength of local gangs have grown by leaps and bounds. With names such as Canoga Park Alabama, The Magician Club, Crazy Riders, 38th Street, Mara Salvatrucha and Paca Trece, these gangs now control the streets, freely roaming while law-abiding Angelenos feel imprisoned at home. Get to know our new leaders online before meeting them in person.

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The new government of Los Angeles, elected through neglect of law enforcement.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. 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.

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Coming Inflation, Stagflation and the Housing Market

U.S. Dollar worth less than 5% of its original value. Economists agree greenback eventually doomed.

REAL ESTATE NEWS #inflation | Blog Video

The biggest risk for the stock market in 2021 is inflation, according to Morgan Stanley. Unprecedented radical spending by the federal government and the Federal Reserve, to stave off a panic-induced market crash, helped artificially drive stocks to temporary new highs last year. Morgan Stanley analysts worry that the unintended consequences of money printing and Fed spending sprees could abruptly change markets for the worse.

The biggest surprise of 2021 could be higher inflation than many, including the Fed, expect. The Fed’s massive spending during the virus hysteria has moved beyond simply filling holes left by exaggerated crises. While some mistakenly believe that we’ve seen a recovery, the tens of millions of unemployed and underemployed Americans feel otherwise. While some industries and monopolistic companies are doing better than ever, most medium sized and small business suffer, or go out of business completely.

By buying back $1 trillion in securities, the Fed has created a market that’s awash with cash, which historically helps drive inflation. Morgan Stanley warns that drunken-sailor Fed spending and helicopter handouts may drive up prices once the pandemic subsides. For food, household goods and building materials, inflation already hit well above 10% in 2020. Home builders report wood 2x4s and other construction commodities recently tripled in price. Increased construction costs contribute to increasing or flat home prices while the real value of the home may be decreasing, especially for neighborhoods with increasing blight, crime and homelessness, amid decreasing employment opportunities.

Many do not realize that prolonged artificially low interest rates create tremendous build-up of opposing pressure toward inflation, which can happen abruptly. This could mean very bad news for those who are overextended on short-term credit, such as home owners with variable rates and investors with balloon payments. Commercial real estate investors are already very hard hit, and residential real estate investors and banks could be next to bear the brunt of late rental payments and bankrupt tenants.

The pandemic crisis, which thousands of censored medical doctors and health experts have labelled a hoax or exaggeration, has proven perversely positive for large companies. Epidemiologist scientists, such as Professor Mark Woolhouse, have warned that panic-induced overreactions, including lockdowns, have been a monumental disaster on a global scale, which should never been repeated. Lockdown mentality causes economic stagnation combined with consumer price inflation, the resulting stagflation is a one-two punch to the throat of consumers.

The Federal Reserve is buying back $120 billion of Treasury bills and mortgage-backed securities each month, after initiating a massive $700 billion asset purchase program in March. The U.S. federal government, meanwhile, has authorized some $3.5 trillion in spending to shore up the economic recovery as a result of the pandemic. Trillions more in additional federal hand-outs are in the works.

President-elect Joe Biden nominated former Fed Chair Janet Yellen to head up the Treasury Department, a sign that the federal government could more towards universal basic income, the most colossal ejaculation of cash in history. That would create direct, explosive price inflation, exactly the sea of change that can lead to unexpected outcomes in the financial markets.

As the dollar rapidly loses value to blockchain cryptocurrencies, Morgan Stanley has recently increased its holdings of Bitcoin bulls such as MicroStrategy.

Ask Corey! READER QUESTIONS

Q: What is the contact information for Puerta Del Sol HOA home owners association in Los Angeles? A: Downtown and nearby neighborhood condo homeowners association contact information can be found at www.HOADTLA.com

Q: Are there any lawsuits with the 1100 wilshire property owners association? A: There are quite a few units at 1100 Wilshire for sale today. The building has several lawsuits in the past few years. We don’t see any signs of current litigation, but we have not received word on whether or not all of the lawsuits have been settled.

Get a free report on lawsuits and litigation for any condominium building in the Greater Los Angeles Area. Fill out the online form:

Easy come, easy go. With unlimited money printing and QE infinity, inflation is inevitable.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. 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.