Author: L.A. Loft Blog

The L.A. Loft Blog is the authority on Downtown Los Angeles residential real estate. Free assistance (213) 880-9910
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Mills Act Downtown Los Angeles, L.A. Crime and Affordable Lofts

Now, the sensational story of revolutionary life, loft living and new money to be found in the City of Angels. | Blog Video

While major metropolitan centers are today suffering from a series of challenging afflictions and economic downturn, urban downtown neighborhoods are a time-tested, tried-and-true success throughout the ages. Recent virus panic and hysteria have proven that the populous can occasionally feel compelled to scatter to avoid a perceived threat, but the crowd eventually comes right back because human nature is that of a pack animal. Friendly big-city crowds provide a highly effective antidote to deadly psychological disorders of loneliness, isolation and cabin fever.

Perhaps the worst down side of living in the area is the recent increase in crime. Just like in the 1970s, only the toughest are cut out to feel comfortable amid chaotic city commotion and gritty condition of L.A.’s many downtrodden streets. Those who move into inner city neighborhoods during tough times often get the most out of it because challenges bring opportunities. Attitude is everything.

In addition to an abundance of new companionship and free company available instantly by simply walking outside, Downtown and other urban neighborhoods have more stunning condos with substantial property tax benefits thanks to California’s Mills Act. Discover how to improve your finances by living in an extraordinary space that inspires you to create the ultimate miracle for your own life.

Hurry! The temporary challenges facing big cities suddenly provide a bargain opportunity for profit because buyers have recently saved up to $70,000 off of asking prices. We know of limited secret inventory. Our research has uncovered only a few unlisted lofts that may be coming soon, that are not listed for sale on the internet. Become an insider. Ask for an invitation.

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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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Housing Market During Inflation

Housing market on fire in 2020, unsustainable in 2021 and beyond — without runaway inflation.

For 2021, the real estate market is expected to be more volatile, varied and less predictable than normal. The national housing market is now overheated as compared to five years ago. Greater Los Angeles Area single family home prices are expected to plateau, while urban condominium prices shall continue to fall. Los Angeles, New York and other big city urban center property prices have already been falling for several years.

Price inflation normally has an upward price pressure on most things, including residential properties. Inflation is correlated to a reduced value of the U.S. Dollar. The federal government and Federal Reserve have indicated that they plan to increase spending, increase the national debt, increase the money supply, increase quantitative easing and increase radical new measures to stimulate the economy and liquidity. Most of these measures reduce the value of the U.S. Dollar in the future, resulting in inflationary pressures that build up over time, which can result in sudden, unexpected runaway inflation, immediately followed by rising interest rates. | Blog Video

While the Federal Reserve chairman downplays real estate froth, Chairman Powell agrees that rapidly rising home prices are unsustainable. Many housing markets have doubled or tripled in price since 2011.

More and more economists and billionaire investors have been raising concerns about runaway national debt approaching $28 trillion, tidal wave of corporate debt and crushing personal debt. Unusually large, rapidly growing debts can indicate looming financial disaster in the form of a debt bomb explosion, which could potentially wipe out even the safest of retirement funds. High debt increases inflationary pressure for the future.

The primary counterforce keeping prices down is a declining GDP and surge in unemployment — The Greater Depression of 2020s. Stock market volatility tends to have a neutral impact on the dollar value and housing market provided that the long-term end result is near normal.

As 2021 is largely a repeat of 2020 in many ways, we can see most home prices continue to accelerate only if the federal government and Federal Reserve loosen purse strings even more than they did in 2020. These extreme measures are unsustainable, as 2020 already created price shocks in real estate and in many products while the average income went down, resulting in reduced productivity and declining net worth for the average American. Inflation is linked to inefficiencies and detrimental effects such as currency crises, shortages and decreased overall standard of living. The only way to keep pumping up the housing market is by pumping up inflation and costs of living in general.

The most practical ways to protect one’s finances, and to benefit from inflation, is by owning assets such as gold, bitcoin, stocks and real estate. Renters and paycheck-to-paycheck consumers tend to suffer the most when severe inflation takes hold.

Find out how much your home is worth. Get a free list of recently sold homes, along with a list of currently active homes for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking
Today’s debt bomb is 75% larger and more explosive than when this scintillating video appeared.

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.