Coronavirus Update: Worst Economy in History

Horrifying Black Death Plague killed about 30% of Europeans in the 1300s.

REAL ESTATE NEWS — The Greater Depression

The Black Death killed nearly 1/3 of all Europeans in the 1300s. That was quite a plague. Compare coronavirus covid-19, which has killed much closer to zero percent of the population. There is no comparison. The real deadly event of 2020 is the crashing economy, caused by hysteria, as overreaction leads to financial collapse worse than the Great Depression.

Fed chair Powell just admitted that the economy is the worst ever, and the bad news has only just begun.

https://www.cnn.com/us/live-news/us-coronavirus-update-04-29-20/h_20ffee0c7ad410075e8110c32442527c

Goldman Sachs says downturn will be four times worse than housing crisis.

https://www.cnbc.com/2020/04/14/goldman-downturn-will-be-four-times-worse-than-the-financial-crisis.html

Why Economist is wrong. Economist could be called Optimist for its overly optimistic outlook. Economist fails to look at cascade of collapsing sectors and industries.

https://finance.yahoo.com/news/us-gdp-could-be-down-45-this-quarter-but-then-do-something-very-unexpected-economist-170353870.html

While there is always a silver lining in every cloud, we can do without man-made calamities like real estate collapse, poverty, bankruptcy and starvation of millions.

Our government is reporting heart attack deaths, meningitis deaths, diabetes deaths, drug overdose deaths, ventilator trauma deaths, high blood pressure, obesity, epilepsy, kidney failure, mental illness, cancer, liver failure and death from old age as a “coronavirus” death. This obfuscation of comorbidity, resulting in grossly inflated coronavirus death counts, has caused harmful public frenzy. That’s why the panic and shut down must end immediately.

Find out what your neighbor’s loft sold for. Get a free list of recently sold Downtown condos. Fill out the online form:

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Coronavirus covid-19 kills close to 0% of the population, but panic devastates the economy.

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. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Friday the 13th

Downtown Los Angeles Arts District holds the most promise through any economy.

HOW TO MAKE IT YOUR LUCKY DAY IN L.A.

VIDEO

Today, happy times are all about spending less and getting more. Here are some tips on how to get more of what you want while saving a lot of dough. #fridaythe13th #savemoney #dtla | Blog Video

  1. Get greedy when others are scared. This strategy from the world’s greatest investor, Warren Buffett, officially starts today! It’s now generally accepted that society has moved into fear mode, so this week marks the beginning of the best financial opportunities. Los Angeles real estate has always proven to be the safest investment venue because of its practical utility and universal appeal. Start looking, begin placing offers. Get a steal.
  2. To maximize return, prospective investors may want to focus on these special deals, Mills Act lofts with property tax benefits, duplex and other multi-unit homes with passive income; and other special types of deals.
  3. Save massive amounts of money while working more efficiently by consolidating and combining work and home into one place in a live/work loft.
  4. When there’s money left on the table, take it. Take advantage of savings guarantees, home sale guarantee and free home warranty.
  5. Check out unlisted loft and condo bargains, such as pocket listing, coming soon properties, raw lofts and off-market homes.
  6. Avoid expensive mistakes. Get a free report on how to avoid buyer mistakes or 7 seller mistakes to avoid.
  7. Get a list of affordable lofts.
  8. Investors, get a free list of nationwide rental income homes under $100,000
  9. Save the commission when selling a loft, condos or house. Sell your home yourself as a For Sale By Owner.
  10. Get the highest price for your home. The single, biggest issue on most home sellers’ minds is “how to achieve the highest sale price”, and yet most homeowners feel disadvantaged and ill-equipped to achieve this goal. Pricing a home is an imperfect science, to begin with, and market factors can cause large swings. The skill (or lack thereof) of the agent responsible for negotiating can, too. Negotiating effectively doesn’t have to be as difficult or scary as you would expect. Like anything else, if you have a proven system to follow, and know the signals and the language, you can successfully cause the tables to turn in your favor. Who better to borrow these skills from than professional negotiators who daily sit across the table to try to out-bargain their opponent. The system the Corey Chambers Team follows has been outlined in a new FREE special report for home sellers which outlines the 4 most common mistakes most home sellers make when negotiating the price they will sell their home for. One area resident, who credits his knowledge gained from the information revealed in this free special report, net thousands more than his original list price. Order this report NOW to ensure you get the highest price you can when you sell your home. 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 | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking
Friends enjoy just-right atmosphere of the Downtown’s Arts District

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. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.