Monthly Archives: March 2016

“Made Out Of Sand” – A Dramatic Look Inside A Newly Built Chinese Apartment

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While real estate is all about “location, location, location,” it appears there are sometimes more prescient factors that any prospective buyer should pay attention to. Amid yet another government-fueled housing bubble, it seems in their haste to fulfil a rapacious demand for property in which to gamble their hard-grafted assets, Chinese construction companies have cut a few corners. As the following stunning video shows, a “newly constructed apartment” crumbles before the owners’ eyes as the ‘concrete’ walls turn to sand…

Read more: http://tinyurl.com/j4s5w7e

Gold: The ‘First Wave’ In A 40-Year Cycle

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“I look at the overall market as being in a major transition. As we talked about in late 2014, there were a number of generational multi-decade and even multi-century cycles all coming to a head and I was looking at the timeframe of 2015-2017 as being really the first phase of that transition with a larger phase moving into 2021…

Read more: http://tinyurl.com/gowua5o

Mapped: Where Mass Rent-Control Evictions Are Ramping Up in LA

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Could changes to the Ellis Act be on the way? Under the terms of the 1985 Ellis Act, property owners may evict all of their rent-controlled tenants with only four months notice and money for relocation, so long as they convert the building to another use. It was originally put in place to give property owners a way to exit the rental market, but decades later it has become an engine of gentrification and is being used more and more frequently in Los Angeles, even as the city struggles with a dire housing crisis.

Read more: http://tinyurl.com/ht6kkop