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Stagflation and Real Estate Prices Update

REAL ESTATE NEWS

LOS ANGELES, CA — We are witnessing the Greater Depression of the 2020s, but this time, it’s different. We can’t see it. It’s cloaked in a heavy veil of virus hysteria and historically radical fed policy, otherwise known as massive money printing. The stock market has already crashed, but, that too is disguised by the Fed’s frantic focus on punchbowl policies.

Basic awareness of stagflation has hit an all-time high. While the 2008 financial crisis generated the most curiosity about possibilities of inflation and stagnation, today’s economy is a demonstration of the real-world effects of actual stagflation.

The beginning of runaway inflation appears as disrupted markets, supply chain delays, and product shortages. Industrial output is down. For real estate, home prices shoot up above the norm. For Downtown Los Angeles in particular, the three year funk has ended. Downtown L.A. home prices shot up dramatically in the last two months after falling for an extended time. The jump has primarily affected the properties in the upper echelon of price, quality and neighborhood safety. Lofts near to Skid Row, such as Little Tokyo lofts, are just a bit behind in enjoying a new recovery, an artificial recovery lifted by inflation, yet stunted by stagnation.

THE OPPORTUNITIES

The good news is that most assets, including real estate, are safe havens against inflation because a weak dollar drives up home prices. Other assets gain as well: gold, commodities, stocks; farm land, art, collectibles etc. It has proven even more true for the reigning royalty of ROI, blockchain cryptocurrency technologies. Bitcoin and ethereum have produced far more gains than any other asset, as they create new efficiencies, gain trust and benefit richly from dollar collapse.

Get a free list of the top ten best investment properties in Downtown Los Angeles. 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

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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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Downtown Los Angeles Neighborhoods and the Mills Act Properties that Benefit Owners: Rapidly Evolving

Mills Act Historic Core Downtown Los Angeles

As The Arts District and Greater Down Town Los Angeles. transforms into expensive luxury neighborhoods, prospective home buyers must put more effort into finding the best deals on amazing lofts. The Mills Act lofts can make it easier to find a great deal by providing property tax benefits that can represent a great deal on a home in Downtown L.A.  #millsact #downtownlosangeles #lofts

Not ready to buy? Check out our building index for Lofts and Condos available to lease.

BISCUIT COMPANY LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED   |   NEW

The Mills Act economic incentive program helps private homeowners, including loft condominium unit owners in California with the restoration and preservation of qualified historic buildings. For L.A., the program is administered and implemented by the City of Los Angeles. Mills Act contracts are between the property owners (HOA for condo buildings) and the city and county government granting the tax abatement.   |   REQUEST LIST

The Mills Act helps Los Angeles city hall to design preservation programs to accommodate Downtown and the entire city’s needs and priorities for rehabilitating its neighborhoods, encouraging seismic safety programs, contributing to affordable housing, promoting heritage tourism, and fostering pride of ownership. The city and neighborhoods get economic benefits of conserving resources and reinvestment as well as playing an important role in historic preservation for revitalizing older areas, creating cultural tourism, building civic pride, and retaining the sense of place and continuity with the community’s past.  |  MILLS ACT HOMES FOR SALE   |   MILLS ACT RECENTLY SOLD

Each local government establishes its own criteria and determines how many contracts it will allow in its jurisdiction.  

Not sure if you are already on the list or if your information is current? Check out the Mills Act Contacts List.

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

Shopping for a new loft? Look for a Mills Act Property to score a bargain.

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. 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 are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.