2021 Year in Review Downtown Los Angeles Real Estate Market Forecast 2022

Downtown Los Angeles Real Estate Year in Review 2021
Downtown Los Angeles Real Estate Year in Review 2021

REAL ESTATE NEWS (DTLA) — As throngs of duped vaccinated and their forged-document-carrying brethren prepare to enjoy the New Year’s Eve parties to close out the year 2021, and to enter the new year 2022, we suddenly remember the key events and themes of the annum, and plan for a better year ahead. 2021 is best characterized as a continuation of the startling virus hysteria and lockdown of 2020, chiefly marked by fear, panic, over-reaction and exaggeration of a bad cold virus. The Loft Blog was one of the first level-headed publications to seriously question tyrannical thinking, and to point out the falsities and mass formation psychosis that have motivated and enabled tragic mistakes of the last two years. Now, it’s time to turn tragedy into triumph.

Last year’s holiday season between 2020 and 2021 saw crime skyrocket in Downtown and throughout Central Los Angeles. What a challenge! With very little law enforcement work being done, the lives of L.A. residents are now in jeopardy every time they walk to the store, to church or to school. Women and children are at particular risk as pedestrians are all too frequently mowed down by hit-and-run drivers, while an almost zombie apocalypse-like attack of violent mentally ill, felons and gang assailants plague the streets of Los Angeles with a nearly continuous wave of assaults on innocent pedestrians, who are forced to walk onto un-patrolled streets because thousands of sidewalks are blocked by tent encampments and refuse. There’s much room for improvement, a need for a miracle!

Crime, stagnation and inflation gripped the city, masked by disinformation, abetted by a cadre of radical left politicians and their comrades at the biased Los Angeles Times. That’s the bad news of the last 12 months. The new year brings in the good news, the refreshing future.

Amazing modern condos in Los Angeles take off! — leaping in price $100,000 in just the last few months — still historically low in price compared to recently over-bought suburban single family homes, new developments and new construction offer great value and fresh, shiny, sparkling technology and the latest creature comforts for the most enjoyable and most convenient living. Modernized historic lofts in cleaner, safer neighborhoods provide the best of all worlds because character and creativity of history combine magically with the most sensational ideas of today and tomorrow. Here’s an offer for a quick, easy way to find the most wanted, to land the most sought-after lofts for lease.

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Happy New Year 2022 from Corey Chambers and the L.A. Loft Blog Team!

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.