What Bubble? Silicon Valley Homes Going For Nearly $2 Million Over Asking Price

What Bubble? Silicon Valley Homes Going For Nearly $2 Million Over Asking Price:

“Another home on Anacapa Drive in the Los Altos hills listed for $2.8 million, but sold for $4.5 million. That is $1.67 million over asking.  Finally, there is this home on University Avenue in Los Altos that listed at $7.9 million, but sold for $1.8 million over asking.”

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Saudi Crown Prince Is Mystery Buyer Of “Most Expensive Home Ever Sold”

And it will turn out to be one of the worst investments ever…

The Prophecies Of Alois Irlmaier – The Roadmap To WW3 – The 3 Days Of Darkness (Worse Than WW3)

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Saudi Crown Prince Is Mystery Buyer Of “Most Expensive Home Ever Sold”:

Austerity at home, opulence abroad…

That appears to be the House of Saud’s new motto in an era when Crown Prince Mohammad bin Salman has successfully consolidated power, ensuring his Saudi Vision 2030 plan to diversify the kingdom’s energy-dependent economy will proceed unchallenged.

But while the kingdom was cutting back on gas subsidies, government jobs, and other components of the state’s largesse – one of the KSA’s most valuable tools in preventing domestic unrest that could lead restive elements in Saudi society to challenge the King’s authority – MbS was purchasing the world’s most expensive home.

According to the New York Times, when it was purchased for $300 million two years ago, the Chateau Louis XIV, a mansion located just outside Paris, was billed as the most expensive home ever sold.

Here’s how Town & Country described it at the time of the sale.

Read moreSaudi Crown Prince Is Mystery Buyer Of “Most Expensive Home Ever Sold”

China’s Government Is Expected To Buy 24% Of All Residential Real Estate For Sale In 2017

China’s Government Is Expected To Buy 24% Of All Residential Real Estate For Sale In 2017:

Of all the residential floor space sold in China last year, 18% was purchased by the government. The share could reach 24% this year – an unprecedented government bailout scheme – which is taking place even as Chinese property sales posted their first decline since March 2015.

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Bitcoin: Now Accepted As Down Payment For UK Houses

If I would own real estate in London, or even live there, I would sell everything immediately and leave.

London is destined to be destroyed during WW3 and during the ‘3 Days of Darkness’.

Also I would not want to live there after the coming financial collapse and civil war.

Bitcoin: Now Accepted As Down Payment For UK Houses: 

A UK co-living company has announced that it will begin accepting down payments made in bitcoin, according to CoinTelegraph, making it that much easier for traders hooked on effortless, outstanding returns to speculate in another bubble-prone market: UK housing.

Co-living pioneer The Collective announced the decision on Tuesday, saying it’s the first developer that will accept payments in cryptocurrency. The company added that it’s exploring how to accept rental payments in bitcoin, which it hopes to implement later in the year. It said that its decision to accept bitcoin was related to demand from international clients.

The company has pledged to perform a “spot conversion” of users’ deposits – a fancy way of saying it intends to hedge its position – so that it bears any financial risk while holding the deposit.

Read moreBitcoin: Now Accepted As Down Payment For UK Houses

Southern California Median Home Price Doubles In Five Years

Southern California Median Home Price Doubles In Five Years:

The US government likes to pretend that the rising cost of living is under control. People in Southern California know better. According to a new report in the Los Angeles Times, median house prices in Southern California have doubled in the last five years.

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