Is It Wrong to Profit from the Coronavirus Crisis? UPDATE

Those who recognize opportunities are well-placed to gain from historic wealth transfer.

REAL ESTATE NEWS

Amid panic, emotional turmoil and economic collapse surrounding Covid-19 AKA SARS-CoV-2, the L.A. Loft Blog has been supporting and encouraging readers to take necessary actions to defend themselves from extreme negative consequences. Everyone knows that the best defense is often a well-planned and executed offense. In the case of a deadly (or not-so-deadly, depending on your point of view) pandemic, the viewpoint of the L.A. Loft Blog has been made clear: The cure shall likely be worse than the disease. The repercussions of corona-panic shall create worse circumstances than the virus itself. Not only will the economic circumstances be worse than most imagine, but the health consequences shall be worse. Panic and its resulting bad choices by society shall lead to more damage and death to healthy individuals than the virus. #coronavirus

The so-called experts have admitted that their numbers, statistics and projections were wrong. So far, only a few of the panic-driven mainstream media have begun to admit that 99% of “coronavirus” cases were actually due to bad health — linked to pre-existing conditions and other existing ailments. These revelations add fuel to the fire and motivation to protect ourselves from the protectors — to protect ourselves from the “protection” that is causing the worst stock market crash in history, the worse job loss in history and, soon to be, the worst depression in history. When we say “worst,” we mean numerically worse for most people in the US. America as a society does not need to let the total effects be worse than the Great Depression. As individuals, we don’t need to let the overall numbers or effects be negative for us at all. | Blog Video

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With situations as powerfully sweeping, stratifying, society-altering and life-changing as pandemic and economic depression, we have two choices: Get Pummeled or Get Ahead. This force of change is too great to ignore. Trying to stay the course is a foolish negligence. Take action. Ride the wave. #profit

With an ethical question such as: “Is it wrong to profit from the crisis?” — we must look at all of the facts surrounding the crisis, and contemplate all of the facts surrounding the profit. Up front, we can all agree that it is not always wrong to profit from a crisis. Doctors profit from medical emergencies. Grocery stores profit from selling more water, batteries and toilet paper. Without profit, there will be no doctors or store for the next crisis. Likewise, without profit, each of us shall have no income and no way to survive this crisis or the next. The more profit we can make, the better we can cope with crises, and the more resources that we shall have to help others. #realestate

There are wrong ways to profit in a crisis, and they are generally the same as wrong profit in a non-crisis: to lie, cheat or steal. These acts are wrong in any situation, though perhaps understandable in love and war; likely forgivable in an imminently life-threatening situation. Wrong behavior compromises character, integrity, esteem and self-worth under any circumstances. #losangeles

Health care workers and the like are responsible for their profit from the virus. The L.A. Loft Blog is suited to be concerned with financial losses and gains from the impending economic disaster. Sticking to honest, ethical and legal dealings, we can say that it is wrong to neglect our finances, and it’s wrong to fail to help others when possible. That’s why we must profit from this crisis.

GO BIG OR DIE

The profit from a crisis must in proportion to the expected enormity of the economic crisis. The profit must be HUGE. When it comes to economic disasters, this is the BIG ONE. We can and must profit very, very BIG!

When surfing a huge tidal wave, we must think big and go big so that we can make it through the ride in one piece. When a beginner skier wonders to the wrong place, accidentally ends up on an advanced hill, then begins sliding down the very steep advanced slope, the beginner (who has no experience in carving or plowing to slow down) must stay up on the skis and prepare to go very, very fast without falling and getting hurt! The same holds true for this massive stock market fall (which has just begun); financial panic; financial shock; economic shutdown; historic job loss; bailouts; real estate collapse; coming wave of historic bad financial reports from businesses; more panic; further stock market crash; social unrest; more trillions in bailouts; collapse of fiat currencies; inflation / stagflation; major social changes; power struggles; military conflict; and further stratification of the middle class into rich or poor.

For poor countries, along with homeless and impoverished households, this unprecedented economic shutdown is likely to lead to malnutrition, permanent health damage and death.

Without wealth, there is no economy other than an agrarian / hungry hunter-gatherer hand-to-mouth economy with substantial disease and starvation. Without an economy, there is no food, no water, no medical care. Blight is the sickness of urban deficiencies. Wealth is the immunization against financial disease. Profits are the medical supplies needed to protect against and recover from economic collapse and death. Investments and assets are the stockpile of ammunition needed to fight off poverty and its resulting destruction. We all know first hand that real money and sustainable wealth can only be created by hard work and determination, along with wise spending, saving and investing.

The latest top stock categories and investment picks have included: Battery Metals, Blockchain, Cannabis, Energy; Gold; Healthcare; Metals & Mining; Technology; eGaming. The L.A. Loft Blog has been precisely correct when warning of falling Downtown real estate in early 2019. At present, the prudent wealth preserving / wealth creating actions include: downsizing; shorting bad stocks; bitcoin and physical gold. Take advantage of the many unprecedented opportunities in industries that hold up and perform well during recession. These include health care, grocery, drug and discount stores. New technologies that increase efficiency and decrease costs shall also outperform. These include: Google and all things internet; software; AI artificial intelligence; data communications; security (physical and cyber); services to government; video games. Up 2,000,000% in the last ten years, with next months Bitcoin halving, coming fiat currency collapse and worse banking crises, Bitcoin has been the leader and shall continue to be the leader in creating profits for years to come. That being said, we cannot live inside of a bitcoin, so we will always need real estate before, during and after the existence of Bitcoin. Profit equals paycheck. Profit equals next week’s, next month’s and next year’s paychecks.

ECONOMIC TURMOIL CAUSES MONEY TO CHANGE HANDS

Enormous volatility causes vast reshuffling of the deck. When the tide goes down, the water does not fall off of the planet. During a recession, true wealth does not get erased; it only changes hands. A shifting economy creates change at a faster pace. It benefits those who are in a position to identify and receive the shifting wealth for the purpose of properly allocating it to others. It benefits those who recognize these opportunities. A tsunami of economic recession, a cascade of crises has just begun to attack profits and also to attract profits like nothing before in history. The stratification of rich and poor is accelerating. Those who fail to wisely, properly and ethically identify and execute on the resulting profit chances risk being bowled over and tumbling into poverty and helplessness. Those who understand profits, recognize opportunities and ethically carry out the right plans stand to gain like never before in history.

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Those who cannot ethically attract and manage profits suffer increasing misfortunes.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Information provided by the L.A. Loft Blog is not to be taken as financial advice. Readers must perform their own research and due diligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Loft Living U.S.

LIST OF LOFT BUILDINGS IN THE USA

new-york-loftAmerica, the land of the free and home of the brave, is also the abode of diversity of living that caters to all lifestyles. Loft lovers nationwide can find an enormous array of lofts and condos, which are known for spacious open floorpans with lots of windows and light, in walkable urban that are convenient to food, shopping, entertainment and public transportation.

Here’s a list of some of the most popular loft buildings in urban neighborhoods across the USA.

Long Beach, CA

#Key 11 – 7312-7335  Marina Pacific Dr, 90803
Temple Lofts –  835 Locust Ave, 90813
Courtyard Lofts –  849 Pine Ave, 90813
Cityplace Lofts –  395 E 4th St,CA 90802
Wilber Building -315 W 3rd St, 90802
Victor Court – 333 W 4th St, 90802
Kress Lofts –  100 W 5th St, 90802
Walker Building – 115 W. 4th St, 90802
Cooper Arms – 455 E Ocean Bl, 90802
Insurance Exchange Lofts – 207 E Broadway, 90802

Los Angeles, CA

LOFTS & CONDOS FOR SALE AND FOR LEASE   [Alphabetical]  [Neighborhoods]  [Map]

1100 Wilshire – 1100 Wilshire Blvd, 90017     1100Lofts.com
655 Hope  – 655 Hope St, 90017     655HopeLofts.com
Alta Lofts –  200 San Fernando Rd, 90031     AltaLoft.com
Barker Block – 510 S Hewitt St & 530 S Hewitt St, 90013    BarkerBlockLA.com
Bartlett Building – 215 W 7th St, 90014     BarlettLoft.com
Barn Lofts – 940 E 2nd St, 90012     BarnLoftsLA.com
Beacon Lofts – 825 E 4th St, 90013     BeaconLoft.com
Biscuit Company – 1850 Industrial St, 90021    BiscuitLoft.com
Bunker Hill Tower – 800 W 1st St, 90012    BunkerHillTowerLA.com
Concerto Lofts – 901 Flower St, 90015    ConcertoLoft.com
Cornell Building – 746 S Los Angeles St, 90014    CornellBuilding.com
Douglas Building – 257 S Spring St, 90012    DouglasLofts.com
Eastern Columbia – 849 S Broadway, 90014    EasternColumbiaLoft.com
Eckardt Building – 738 S Los Angeles St, 90014    EckardtLoft.com
El Dorado Lofts – 416 S Spring St, 90015     ElDoradoLoft.com
Elleven Lofts – 1111 S Grand Ave, 90015     EllevenLoft.com
Evo – 1155 S Grand Ave, 90015     EvoLoftsLA.com
Flower Street Lofts – 1130 S Flower St, 90015     FlowerStreetLoft.com
Garey Building – 905 E 2nd St, 90012     GareyBuilding.com
Gallery Lofts – 120 S Hewitt St & 130 S Hewitt St, 90013    GalleryLoftLA.com
Grand Avenue Lofts – 1100 S Grand Ave & 330 W 11th St,  90015     GrandAvenueLoft.com
Higgins Building – 108 E 2nd St, 90012     HigginsLA.com
Library Court – 630 W 6th St, 90017    LibraryCourtLoft.com
Little Tokyo Lofts – 420 S San Pedro St, 90013     LittleTokyoLoftsLosAngeles.com
Luma – 1100 S Hope St, 90015     LumaLoft.com
Market Lofts – 645 W 9th St, 90015     MarketLoftLA.com
Metropolis Los Angeles – 8th Street and Francisco    LosAngelesMetropolis.com
Molino Lofts – 500 Molino & 530 Molino St,  90013    MolinoLoft.com
Mura Condominiums – 629 Traction Ave, 90013     MuraLosAngeles.com
Ostrich Farm Lofts
 – 1010 Sycamore Ave, 91030     OstrichFarmLoft.com
Pan American Building – 253 S Broadway, 90012     PanAmericanLoft.com
Promenade Condominiums – 121 S Hope St, 90012    CondoPromenade.com
Promenade West – 880 W. 1st St, 90012     PromenadeW.com
Puerta Del Sol – 360 W Avenue 26, 90031    PuertaDelSolLA.com
Ritz Carlton Residences – 710 W Olympic Blvd, 90015   RitzyLofts.com
Rowan Lofts – 460 S. Spring St, 90013       RowanLoft.com
Santee Village – (See Eckardt, Cornell and Textile)
Savoy Condominiums – 100 S Alameda, 90012    SavoyLosAngeles.com
SB Grand (Shybary Grand or Shy Barry Grand) – 312 W. 5th St, 90013   SBGrand.com
Skyline Condominiums – 600 W 9th St, 90015    SkylineCondoLA.com
Sky Lofts – 801 S. Grand Ave, 90017    SkyLoftsLosAngeles.com
SL70 – 2220 Duane Street, 90039    SL70.info
Teramachi Homes Senior Condos – 267 S. San Pedro St, 90012   TeramachiHome.com
Textile Building – 315 E 8th St, 90014    TextileLoftLA.com
Title Guarantee – 411 5th St #1200, 90013
Tokyo Villa Condominiums – 222 S Central Ave, 90012  LittleTokyoVilla.com
Toy Factory – 1855 Industrial St, 90015    ToyFactoryLoft.net
Toy Warehouse – 215 S Santa Fe Ave, 90012   ToyWarehouseLoft.com
Vero – 1234 Wilshire, Los Angeles CA    VeroLoft.com

RENTAL LOFTS AND APARTMENTS  (213) 478-0499  LAloftTour.com

717 Olympic – 717 W Olympic Blvd, 90015
8th and Hope – 801 S. Hope St, 90017
American Cement Building Lofts – 2404 Wilshire Blvd, 90057
Apex – 900 S Figueroa St, 90015
Ava Little Tokyo – 236 S. Los Angeles St, 90012
Avant South Park – 1360 S. Figueroa St, 90015  AVANTdowntown.com
Artisan on 2nd – 601 E 2nd St, 90012
Binford Lofts – 837 Traction Ave, 90013
Blackstone – 901 S Broadway, 90015
Brick Lofts – 652 Mateo St, 90021
Broadway Lofts – 430 S Broadway, 90013
Brockman Lofts – 530 W 7th St, 90014
Canvas L.A. – 138 N Beaudry Ave, 90012
Chester Williams – 215 W 5th Street, 90013
City Lights on Fig – 1300 S Figueroa St, 90015
Chapman Flats – 756 S. Broadway, 90014
Continental Lofts – 408 S Spring St, 90013
Eighth and Grand – Grand Ave, 90017
Elysian – 1115 Sunset Blvd,  90012
Emerson – 225 S Grand Ave, 90012
Emil Brown Building – 308 East 9th St, 90015
Factory Place Lofts – 1308 Factory Place, 90013
Grand Central Square – 306 W 3rd St, 90013
Gas Company Lofts – 810 S Flower St, 90017
Great Republic Lofts – 756 S Spring St, 90014
Hellman – 411 S Main St, 90013
Jeffries Lofts – 117 Winston St, 90013
L.A. Loft Tour – (213) 478-0499  http://www.LAloftTour.com
Lacy Studio Lofts – 2664 Lacy St, 90031
LEVEL DTLA – 888 Olive St, 90015  http://www.LEVELDTLA.com
Long Beach Avenue Lofts – 1250 Long Beach Ave, 90021
Medallion – 334 S Main St, 90013
Medici – 725 S Bixel St, 90017
MegaToys Lofts – 905 E 2nd St, 90012
Mercantile Lofts – 620 S Main St, 90013
Met Lofts – 1050 S Flower St, 90015
Metro 417 – 417 South Hill Street, 90013
Metropolitan – 315 West 5th Street, 90013
Milano Lofts – 609 S Grand Ave, 90017
Mozaic at Union Station – 888 N Alameda St, 90012
Museum Tower – 225 S Olive St, 90012
One Santa Fe – 1 Santa Fe, Los Angeles, CA 90012
Orsini Apartments – 550 N Figueroa St, 90012
Pacific Electric Lofts – 610 S Main St, 90014
Packard Lofts – 1000 S Hope St, 90015
Pegasus – 612 S Flower St, 90017
Peterson and Tansey Lofts – 1250 Long Beach Ave, 90021
Piero – 312 E 12th St, 90015
Promenade Tower – 123 S Figueroa St, 90012
Roosevelt Lofts – 727 W. 7th St, 90017
San Fernando – 400 S Main St., 90013
Santee Court – 716 S Los Angeles St, 90014
SB Grand – 312 W. 5th St, 90013
South Park Lofts – 818 South Grand Ave, 90017
Spring Arcade – 541 S Spring St, 90013
Union Lofts – 325 W 8th St, 90014
Visconti – 1221 W 3rd St, 90017
Watermarke Tower – 705 W 9th St, 90015

New York, NY

New York is the king of lofts in the U.S, with the neighborhoods of SoHo and Tribeca leading the way.  Spring St, Greene Street, Mercer, Wooster, Broadway, Crosby, Broome, Bond, 3rd, 4th, 5th, 9th, 13th, 14th, 23rd, 24th, Leonard, Reade, Greenwich, Franklin, Tribeca and Lafayette are filled with lofts, many in the millions or tens of millions of dollars.

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To see any of the above buildings, contact:

Corey Chambers, REALTOR®
(213) 880-9910
corey@laloft.org
http://www.LAloftBlog.com

L.A. Loft Blog, 200 N. San Fernando Rd., #119, Los Angeles, CA 90031
Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team. Realty Source Inc DRE#01889449

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit DowntownLosAngelesLoft.org 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 of if buyer or seller is already under contract with another broker.