REAL ESTATE NEWS (Los Angeles, CA) — We’re seeing one of the biggest sell-offs of equities since 2008. While that may seem like very bad news to many, the “blood in the streets” investors are licking their chops. Warren Buffett is pouncing, loading up his behemoth Berkshire Hathaway, and feasting on energy stocks as inflation soars. Warren is following his own sage advice: “Be greedy as others are fearful.” Let’s be careful not to miss the details. He’s picking up companies that benefit from runaway inflation.
We’re seeing several reports of real estate cooling, while most also report that home prices continue to climb. This combination of economic stagnation and price inflation in housing further bolsters the notion that stagflation is the hallmark 2020s real estate market and many other sectors. Fortunately, for many loft blog readers, real estate is also one of the best inflation hedges.
How much is your home worth? Find out how much the home down the street sold for. Fill out the online form:
LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]
SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking
Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 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.