Additionally, we will touch upon the potential synergy between crypto assets and the world of online gaming, highlighting opportunities such as House of Pokies bonuses.

In the ever-evolving landscape of crypto investments, the intersection of blockchain technology and traditional real estate markets has given rise to a fascinating innovation — crypto mortgages. As a seasoned crypto investor with a background in real estate, I am excited to explore how crypto holders can leverage their digital assets to venture into the realm of homeownership. 

Crypto Mortgages: A Glimpse into the Future

Traditionally, acquiring a mortgage to finance a home purchase involved navigating a labyrinthine process of financial assessments, credit checks, and intricate paperwork. However, the advent of crypto mortgages has opened up new avenues for individuals who hold significant digital assets.

Crypto mortgages enable crypto holders to utilize their digital currency as collateral, thereby securing a loan for the acquisition of real estate. In this context, individuals can leverage their crypto assets as an alternative to traditional financial instruments, thus bypassing the stringent requirements often associated with conventional mortgages.

Crypto Mortgages and the Gaming Industry: Synergies and Opportunities

It’s worth noting that the gaming industry, including online casinos, is also an arena where cryptocurrencies have gained traction. Crypto assets are frequently utilized by players and owners of crypto casinos alike, with a notable presence in transactions and wagering. This dynamic has led to interesting possibilities.

One such possibility is the integration of crypto assets and real estate opportunities, which can extend to innovative offerings like House of Pokies bonuses in crypto. The fusion represents a convergence of digital finance and entertainment, potentially creating unique investment avenues for crypto holders.

House of Pokies Bonuses: A Glimpse into the Synergy

House of Pokies, a prominent online gaming platform, is renowned for its offerings of bonuses and promotions to players. These bonuses, such as House of Pokies bonuses, can potentially be harnessed by crypto investors as a means to augment their crypto assets. By leveraging crypto-backed loans to access real estate opportunities, individuals can diversify their investment portfolios while simultaneously enjoying the benefits of gaming bonuses.

This intriguing synergy underscores the adaptability and versatility of crypto assets, as they permeate diverse sectors of the economy. It is a testament to the evolving landscape of digital finance and its potential to reshape traditional industries.

The Crypto Mortgage Process: Simplified

So, how does the process of obtaining a crypto mortgage work? Here’s a simplified overview:

1. Crypto Holder’s Eligibility: Individuals who own a substantial amount of cryptocurrency, such as Bitcoin or Ethereum, may be eligible for a crypto mortgage. Lenders typically require a minimum amount of cryptocurrency as collateral.
2. Loan Application: Crypto holders apply for a mortgage, specifying the amount they wish to borrow and the terms of repayment. The loan amount is determined based on the value of the crypto assets used as collateral.
3. Collateralization: To secure the loan, crypto assets are placed in a designated wallet or smart contract as collateral. The lender monitors the collateral’s value, and the borrower retains ownership of the crypto assets.
4. Loan Approval: Upon approval, the borrower receives the loan amount in traditional currency, such as USD. This currency is then used for the real estate purchase.
5. Loan Repayment: Borrowers make regular repayments according to the agreed-upon terms. If the borrower defaults, the lender has the right to seize the collateralized crypto assets.

Crypto Mortgages in the USA: An Emerging Trend

The United States, a global hub for both cryptocurrency adoption and real estate investment, has seen a burgeoning interest in crypto mortgages. The nation’s regulatory environment, while complex, has accommodated the integration of digital assets into the mortgage sector.

Several financial institutions in the USA have recognized the potential of crypto-backed loans and have begun offering tailored solutions to crypto holders. This trend is particularly notable in states like California and New York, where the convergence of technological innovation and real estate opportunity is most pronounced.

In Conclusion: Unlocking Real Estate Possibilities with Crypto Mortgages

Crypto mortgages represent a transformative paradigm within the real estate sector, offering crypto holders an alternative path to homeownership. The USA, with its robust cryptocurrency infrastructure, is poised to lead this financial evolution.

As a seasoned crypto investor with a background in real estate, I encourage individuals to explore the potential of crypto mortgages as a means to bridge the gap between their digital assets and real estate aspirations. 

With the right strategy, crypto holders can harness the power of their digital currency to embark on a journey of property ownership, all while navigating the dynamic landscape of online gaming and its enticing opportunities. The convergence of crypto finance and traditional markets is unfolding, and it presents a wealth of possibilities for the astute investor.

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Within this symphony of investments, real estate undoubtedly claims a prominent note, resonating with the seasoned and the uninitiated alike. Yet, the wisest of investors understand the harmonious allure of diversification, where other investment avenues join the crescendo:

1. Online Crypto Casinos: An enigmatic ballad unfolds in the cryptic world of online casinos, where the allure of cryptocurrencies dances on the high wire. Yet, as we embrace this intriguing serenade, it’s prudent to note that the volatility of the cryptocurrency market lends a beguiling air of risk to this venture.
2. Stock Market: Equities compose a timeless sonnet, serenading investors with a historical melody of robust returns. To seek capital appreciation, one may heed the call of individual stocks or the embrace of exchange-traded funds (ETFs).
3. Bonds: In the grand opera of investments, bonds offer a soothing aria of stability and regular interest payments. They are the resolute anchor in the sea of diversification.
4. Startups and Venture Capital: The overture of innovation beckons with a siren’s song, inviting investors to partake in early-stage companies and venture capital funds. However, this pursuit, akin to traversing treacherous waters, carries the weight of higher risks.
5. Precious Metals: Amidst the ever-shifting sands of economic fortune, gold and silver emerge as the guardians of financial realms, warding off inflation’s tempestuous gusts and the vagaries of uncertainty.

The embodiment of real estate as an investment vessel boasts a virtuoso performance, offering a medley of compelling advantages:

• Stability and Tangibility: These investments, rooted in tangible assets such as properties and land, stand as resilient bulwarks against the tempestuous waves of market volatility. A steadfast choice for those who seek solace in dependable waters.
• Income Generation: In the ebb and flow of financial tides, real estate properties weave the melody of a steadfast river, bestowing stakeholders with the tranquil gift of wealth accumulation. These unwavering streams offer a beacon in the night, particularly beguiling during the shadowy hours of economic ambiguity.
• Appreciation: Through the annals of history, real estate has etched the epic tale of value appreciation. While no investment is devoid of risk, the promise of capital appreciation orchestrates a crescendo that substantially enriches the overall return on investment.
• Tax Advantages: Real estate’s serenade is adorned with tax benefits, including harmonious deductions for mortgage interest, property taxes, and depreciation. These harmonies not only lighten the tax burden but also enrich the investment’s profitability.

America is the stage for real estate’s enduring performance, with the curtain expected to rise throughout 2023. Here, we glimpse the crescendo of reasons that render the USA an appealing backdrop for this investment:

• Economic Robustness: The US economy, with its unwavering stability, remains a reassuring backdrop, even amidst the tumultuous tempests of global economic adversity.
• Rising Demographic Trends: Across the USA, rising population crescendos create surging demand for housing and commercial spaces, yielding higher rental yields and property values.
• Innovations in Technology: Innovations in real estate technology, such as PropTech, compose a symphony that simplifies property management and investment processes, making it more accessible for investors.
• International Capital Inflows: The harmonic infusion of growth and opportunity.
• Monetary Policy Impact: In this financial opera, the Federal Reserve’s influence, particularly through its low-interest rates, sets the tone, making financing more harmonious for real estate investors.

In this resonant journey through the investment orchestration of 2023, the query emerges: Is real estate the virtuoso, the crescendo of choice? Real estate, with its stability, potential for income, and the harmonious melodies of diversification, entices many. Yet, in the symphony of financial dreams, your ideal investment chord depends on your financial compass, risk tolerance, and horizon.

Consider this as a serenade to prudent counsel: Consult with a financial guide, and together, you can compose a personalized symphony. In this ever-evolving investment landscape, a well-informed and harmonious approach remains the key to orchestrating your financial dreams.

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The Biltmore Estate, USA

Location: Asheville, North Carolina

History: The Biltmore Estate is perhaps the most famous private residence in the United States. Built by George Washington Vanderbilt II between 1889 and 1895, this 250-room mansion was inspired by the grand chateaux of France’s Loire Valley. With its opulent architecture and stunning gardens designed by Frederick Law Olmsted, the Biltmore Estate is a testament to the Gilded Age’s excesses.

Significance: Today, the Biltmore Estate is open to the public and serves as a window into the life of America’s wealthiest families during the late 19th century. It showcases not only the lavish lifestyle of the Vanderbilts but also the art, architecture, and innovation of the era.

The Palace of Versailles, France

Location: Versailles, France

History: The Palace of Versailles began as a hunting lodge for King Louis XIII but was transformed into a grand palace by his son, Louis XIV, in the 17th century. The palace became the epicenter of political and cultural life in France, and its Hall of Mirrors witnessed the signing of the Treaty of Versailles in 1919, marking the end of World War I.

Significance: The Palace of Versailles is a symbol of absolute monarchy and the excesses of the French aristocracy. It played a pivotal role in French history and culture, and its opulent design and gardens continue to attract millions of visitors each year.

The Forbidden City, China

Location: Beijing, China

History: The Forbidden City, officially known as the Imperial Palace, was the Chinese imperial palace from the Ming Dynasty to the end of the Qing Dynasty (1420 to 1912). This vast complex of palaces, courtyards, and halls served as the political and ceremonial center of China for centuries.

Significance: The Forbidden City is a UNESCO World Heritage site and one of the most important cultural and architectural landmarks in China. It reflects the rich history and traditions of the Chinese imperial era and offers a glimpse into the lives of emperors and their courts.

Himeji Castle, Japan

Location: Himeji, Japan

History: Himeji Castle, often referred to as the “White Heron Castle” due to its brilliant white exterior, dates back to the 14th century. It underwent several expansions and renovations over the centuries, becoming a formidable fortress with intricate defensive features.

Significance: Himeji Castle is considered one of Japan’s greatest architectural treasures. Its pristine appearance and ingenious design, which includes a labyrinth of gates, walls, and moats, make it an exceptional example of Japanese castle architecture and a UNESCO World Heritage site.

Buckingham Palace, United Kingdom

Location: London, United Kingdom

History: Buckingham Palace became the official residence of the British monarch in 1837 during the reign of Queen Victoria. It has since served as the primary residence and administrative headquarters of the British royal family.

Significance: Buckingham Palace is not only a symbol of the British monarchy but also a focal point for national celebrations and events. The Changing of the Guard ceremony and the State Rooms, open to the public during the summer months, provide insights into the royal traditions and heritage of the United Kingdom.

The Alhambra, Spain

Location: Granada, Spain

History: The Alhambra is a stunning palace and fortress complex that dates back to the mid-13th century when it was built by the Nasrid Dynasty. It served as the residence of the Muslim rulers of the Emirate of Granada and later the Catholic Monarchs.

Significance: The Alhambra is a masterpiece of Islamic architecture and design. Its intricate tilework, exquisite gardens, and delicate stucco ornamentation are celebrated examples of Moorish art. Today, it stands as a testament to the multicultural history of Spain.

The Taj Mahal, India

Location: Agra, India

History: The Taj Mahal, often referred to as the “Crown of Palaces,” was built by the Mughal Emperor Shah Jahan in memory of his favorite wife, Mumtaz Mahal, who died during childbirth in 1631. Construction of this white marble mausoleum was completed in 1648.

Significance: The Taj Mahal is a UNESCO World Heritage site and one of the most recognizable and iconic monuments in the world. It is celebrated for its stunning architecture, intricate marble inlay work, and its enduring symbol of love and devotion.

Neuschwanstein Castle, Germany

Location: Bavaria, Germany

History: Neuschwanstein Castle was commissioned by King Ludwig II of Bavaria in the 19th century as a retreat and homage to the romanticism of the Middle Ages. Although it was never completed during Ludwig’s lifetime, it has since become one of the most famous castles in the world.

Significance: Neuschwanstein Castle is a masterpiece of fairy-tale architecture and has inspired countless works of art, including Disney’s Sleeping Beauty Castle. It offers breathtaking views of the Bavarian countryside and stands as a testament to Ludwig II’s eccentric vision.

Conclusion

These iconic private residences are more than just architectural marvels; they are windows into history, culture, and the human spirit. Each one tells a unique story of the people who lived within their walls and the societies they helped shape. As we explore these magnificent homes, we gain a deeper understanding of the diverse and rich tapestry of human civilization that spans the globe. Whether it’s the opulence of Versailles, the grace of the Taj Mahal, or the grandeur of Buckingham Palace, these residences continue to captivate our imaginations and remind us of the enduring power of architecture and history.

The post Behind Closed Doors: The History of Iconic Private Residences appeared first on BPENG.

What are the advantages of timber frame houses

Timber frame houses are gaining in popularity due to their many advantages. These structures use solid wood frames, making them inherently strong and resilient. They require fewer materials for construction, and for those wanting to build a traditionally styled home, timber frames will offer a classic look. The construction of these homes allows for more insulation, resulting in significant energy savings over time. Plus, since the framing is made from prefabricated pieces, set up time can be significantly shortened – often taking only days rather than weeks. For those seeking an attractive, environmentally friendly house with a timeless style that’s also cost-effective and quick to build, it looks like timber frame houses are the way to go!

In what natural conditions it is more appropriate to build wooden houses

Building wooden houses can be an incredibly exciting and satisfying endeavor, particularly in the hands of an experienced craftsman. Natural conditions that make building this type of house appropriate include areas with ample amounts of mature hardwood trees, moderate temperatures year-round that remain constant enough to ensure dampness doesn’t penetrate the wood, and plenty of shade to prevent overheating during warmer months. When completed in a suitable environment, these homes are strong and surprisingly resilient–a prime example of nature’s bounty and the skillful workmanship of those dedicated to utilizing it.

The reliability of a brick house with a deep foundation

Building a solid, reliable house requires knowledge and effort that should never be underestimated. Brick houses with deep foundations provide an amazing example of this level of commitment toward safety and longevity. Using the traditional building material of brick combined with foundation depths from eight to ten feet provides additional strength, not to mention protection from the elements when compared to more shallow foundations. The combination of these two factors makes for a brick home that will last for generations, happily protecting its occupants even during chaotic weather situations. To add to this reliability, brick has endured as one of the best materials for a strong foundation due to its massiveness and durability. Building with a brick house with a deep foundation is truly an investment in housing reliability!

In what cases a brick house is better than a wooden one

When it comes to building a home, there are so many options out there. One of the most popular and reliable is the brick house. There are several reasons why the brick house might be a better choice than a wooden one – they are super strong, they don’t succumb to termites and other pests, they can withstand heavy weather conditions such as hail, high winds and floods much better, and they last for generations. If you’re looking for something that’s going to stand up over time, build a brick home! Not only will it look beautiful compared to many other kinds of homes out there, but it also offers more protection from the elements in every season. Investing in a brick house is an excellent long-term decision – you’ll get years and decades of satisfaction from knowing your home is reliable from generation to generation!

What type of house is warmer

One of the toughest decisions when thinking about a home is which type of house to go for. While there are a variety of different designs that all have their own benefits and drawbacks, one thing is certain – when it comes to which house type is warmer, nothing beats a well-insulated brick and stone built home. With good building materials and correct installation, this type of structure can retain heat efficiently, helping keep your home warm during those winter months. It’s also important to get the basics right – such as insulation, double glazing, and a properly maintained boiler – in order to make sure your brick and stone house remains cosy throughout the year.

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The basement in the house full height man

The basement of his house was nothing short of amazing. This full height man had set out to redefine the way people think about basements and he did it in style. With an enormous, airy space that led to a bar area and theatre room, the basement was like a hidden paradise. He filled it with exotic materials and extraordinary craftsmanship for an unparalleled luxurious touch. Entertaining guests in this unique space was always fun – you never knew what type of surprises he had waiting for you! Every time we visited him, we spent most of our time in the basement; it was truly mesmerizing in its own special way.

What kind of rooms can be placed in the basement of the house

The basement of a house can offer a wealth of exciting possibilities when it comes to considering which type of room you might want to add. From cozy family dens, where everyone can gather together around the television and enjoy some quality time, to home gyms that allow you to stay fit while having the convenience of working out at home – all these and more can be placed in the basement. With just a bit of imagination, this often untouched area beneath your house could be transformed into whatever space you desire. Why not utilize this unique area and make it better suited for your needs? After all, there’s so much potential within those four walls.

The importance of protecting the basement from groundwater

An alarming number of homeowners don’t consider the consequences of unprotected groundwater on their basement and its foundation. This can lead to repercussions that include but are not limited to cracking or crumbling walls, mold infestations, and flooding. Protecting the basement from groundwater leakage should be a top priority for any homeowner looking to preserve their property. Implementing a few simple solutions like installing a sufficient drainage system or waterproofing concrete surfaces can go a long way in keeping your basement safe and dry! So don’t wait until its too late, start taking steps today to protect your home from the damaging effects of excess moisture.

Is it worth arranging an underground garage if the house is not on a hill

When it comes to deciding whether or not to arrange an underground garage for a house that is not on a hill, the answer could be both yes and no. While it does seem like extra effort for something that may never be used, for those who are fans of having the latest features in their homes, opting for an underground garage can be a fantastic way to add some much-needed curb appeal and help create the ultimate home experience. With underground garages being relatively easy to construct and maintain relative to other solutions such as traditional garages, they are certainly worth considering if you’re looking to make your house stand out in your neighborhood.

Difficulties with drainage in the presence of an underground garage

When it comes to constructing underground garages, drainage is a major concern. Whether it is rainwater or melting snow, a proper system must be in place to accommodate any runoff and prevent flooding of the garage. Depending on the space and soil conditions, creating such a system can be incredibly difficult and require specialized engineering expertise. This challenge becomes even more pronounced if the existing environment is prone to soggy conditions or has high water tables. While these difficulties with drainage can seem daunting at first, developing an effective solution is often achievable with the right approach and creative expertise!

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Paper-based canvases can be thin or “triplex” – triple with a layer of wood in the middle. You can also be 100% sure that fiberglass wallpaper (fiberglass fleece) is safe. They contain glass fiber and other harmless components. Glass wallpaper is usually white in color and used for subsequent painting. They are ideal for offices and wet areas.

Much more expensive are the following types of wallpaper:

• vinyl;
• fabric wallpaper;
• fleece;
• bamboo;
• silk;
• acrylic sprayed;
• decorative plaster (liquid wallpaper).

Wallpaper can be smooth and embossed, embossed and even textured – for example, in the form of brickwork. The choice of fabrics is very rich, and the advantages of using this type of finishing material are undeniable:

• preparation is carried out to a minimum, as small defects in the walls are perfectly hidden by thick fabrics;
• Wallpaper perfectly adheres to most types of substrates, even with bare concrete, provided the use of special adhesive;
• Shades and textures of wallpaper are incredibly diverse, the surface is soft, gentle, giving the interior “visual warmth”;
• Wallpaper is practically incapable of causing allergies (we are talking about paper, non-woven materials), modern cloths are safe for humans
• finishing layer will increase the effect of noise insulation, reduce heat loss in the corner apartments;
• Paper wallpaper – vapor permeable material, they do not violate the microclimate in the room
• glue new wallpaper can even a non-professional, the method is simple and accessible – just learn how to combine the pattern and smooth the cloth on the wall the service life of wallpaper is long, many can be washed with household chemicals.

The disadvantages of this type of finishing, too, there are:

• to tear firmly glued cloths from the wall, you need to try – first you will have to moisten them with water, then – scrape them off with a spatula (usually problems arise when replacing paper wallpaper, dense are removed more easily);
• dirt, stains from the paper strips are difficult to remove, on the surface may remain scuffs (washable wallpaper can easily tolerate such manipulations)
• Animals often damage the wallpaper, tear it off, so if you have a pet, you must buy a roll of material to spare;
• Paper wallpaper is not suitable for rooms with high humidity – bathroom, kitchen, they can peel off or lose their appearance
• under the influence of mechanical factors, the material is easy to tear, and thin paper wallpaper can be deformed even with his fingernail.

Types of paints, pros and cons of painting walls

Paint – an alternative to wallpapering, it can be chosen instead of the traditional wallpapering. When choosing a paint product, you need to consider the function of the room in which you intend to repair. Materials can be such as:

1.  acrylic and latex – used in rooms with high humidity, give a very beautiful, silky coating (matt or glossy);
2. water-based (based on PVA) – suitable only for dry rooms, in contact with water and steam lose their properties and beautiful appearance;
3. silicone – used by allergy sufferers, as by 100 % exclude appearance of reaction, but expensive by cost.

Oil paints, acrylates and nitro enamels are practically not used for walls. They contain a lot of harmful substances, so in recent years they have been replaced by more modern compositions.

The advantages of painting walls indoors are as follows:

• surface preparation necessarily includes priming with antiseptics, which significantly “revitalizes” the room;
• in the presence of stains, small defects can easily carry out local repairs – it will not lead to large costs;
• Painted walls can be washed, their appearance will not suffer, with paint is easy to wash away dirt, traces of markers, food residues, stains from drinks;
• pets do not scratch painted walls, do not sharpen their claws on them;
• paint colors are varied, you can order in a construction store tinting in any, even the rarest shades.

The disadvantages of painting also have. Preparation of the walls is always labor-intensive, because otherwise even the smallest defects will be perfectly visible. If a non-professional takes on the job, the result may not be good enough. It is also difficult to carry out the initial painting, as opposed to a small update of the coating. It is better to learn the technique of application, so that ugly smears are not visible on the wall. Another disadvantage has matte coatings – their pores are clogged with dust, which penetrates from the air, so you will need to wash the walls regularly.

Comparison of criteria

To paint the walls or glue wallpaper – a matter of taste. To choose an option, you need to compare all the parameters, selecting for yourself a solution suitable in terms of price and labor costs.

The cost of materials

Such a comparison is correct only when considering materials of similar quality. For example, there are very expensive wallpaper (e.g., natural fabrics, bamboo) and no less expensive paint (when calculated per square meter of area). Approximately the same price will be budget versions of water-emulsion and paper wallpaper. If we compare the quality latex paint and wallpaper fleece, the cost of the work will also be approximately equal.

In terms of the cost of additional tools, painting loses out. You will need to buy a roller, brush, paint tray, paint container, as well as pay for tinting. For gluing wallpaper, you only need a regular bucket, glue, and a roller.

Calculating the cost of the surface

All work on the finishing of the walls begins with the preparation of the surface. This is often the most extensive and expensive stage, which takes a lot of effort and time.

Before painting

If it is decided to paint the walls of a living room or office, you can’t do without pre-preparation. In the absence of alignment of the walls, defects will be highly visible, which will spoil the quality of repair. In addition, without preparation, the adhesion of the base will remain low, so the walls will quickly appear cracks, dents or bulges. The main stages of preparing the walls for painting:

1. Dismantling the old coating. This step is skipped only in new houses, where the walls are concrete or have minimal thin plaster.
2. Alignment of the walls. The use of fillers (cement, gypsum and others) helps get rid of cracks, pits and chips. Depending on the quality of the original coating, it is sometimes necessary to make several layers of putty, apply reinforcing mesh.
3. Finishing puttying. It is necessarily performed before the subsequent painting, allows achieving a smooth surface of snow-white color. Especially important is the finishing for painting with light coloring materials.
4. Sanding. This stage of the work is needed to give the base perfect evenness.
5. Priming in 1-3 layers. Priming helps to reduce the absorbency of the surface, improves the adhesion of the finish with the wall.
6. Much faster preparation of the gypsum plasterboard surface is carried out. Here putty only the seams (joints) of gypsum plasterboard sheets, after which the material is primed for 2 times. This will seriously reduce the cost of time and money.

Before wallpapering

The cost of work to prepare the walls for the subsequent wallpapering can vary greatly depending on the initial smoothness of the walls and the type of cloth. If the walls are even, and the wallpaper is thick, embossed, it will be enough only to remove the old coating and priming the walls. Such preparation is fast, not expensive, it is easy to perform with your own hands. The standard option is the most common. It includes dismantling, applying putty in one layer to seal cracks, holes and chips of existing plaster. After the wall is primed. The option “from scratch” is used when there are bare concrete walls or a very uneven surface with many defects. The walls have to be completely cleaned from the coating, primed the surface for 2 times, then putty, sanded and primed again. The cost of such preparation is about the same as the price of the preparatory measures before painting.

Do I need thorough preparation?

In general, prepare the walls for wallpaper is much easier than for painting. In the first case, small defects do not matter much, they will be covered by dense fabrics. Even more serious irregularities will not become conspicuous. Before painting, thorough preparation is of the utmost importance. All defects will be as on the palm, so for their sealing it is necessary to apply plaster and acrylic putty, followed by priming.

Difficulties in wallpapering Difficulties in wallpapering can arise only if you buy low-quality material, which, after the drying of the glue will give shrinkage or deformed when applied to the wall. Also somewhat difficult to work with colored wallpaper with a pattern or original details – they must be properly combined.

In addition, the consumption of canvases will be large. In staining, too, there are difficulties: sloppy application of strokes, slow work can lead to negative results – the appearance of stains, streaks. When finishing putty, the slightest scratch will also dramatically reduce the quality of the coating, which will greatly complicate the repair.

Environmental friendliness

Boast of ecological purity can wallpaper, made of natural materials – glass, wood, paper, fabric. Many of them, unfortunately, are impractical or have insufficient beauty and are only used in offices. Vinyl wallpaper in the production of include the use of formaldehyde.

Despite assurances from manufacturers that the substance is released only when strongly heated, the apartment within a few months will be present unpleasant smell. Paints for walls, for the most part, are environmentally friendly. This applies to latex, acrylic and water-based materials. Only alkyd enamels are dangerous to the body, but they are almost not used for finishing living quarters.

Practicality

The safest paper and textile wallpaper do not last long. They quickly get dirty, and they are not washable, not resistant to abrasion. With ordinary scratches on the paper can appear a hole. Vinyl wallpaper, like fiberglass, fleece, last much longer, is easy to clean, they can be removed from any stains without loss of external gloss. Paint gets dirty faster and harder than durable wallpaper, but painted walls are much easier to clean. But it should be remembered that intense friction will lead to the brightening of the area on the overall background, so the wall will have to be repainted.

Aesthetics

After reading the different design projects, we can conclude that there are rooms with both wallpaper and painted walls. Both types of finishing materials are presented in the widest assortment, colors and types. However, for the bedroom, experts advise to use wallpaper – they are more comfortable, provide a sense of tranquility, peacefulness. Paints are considered more boring, but they can be significantly enlivened by the application of beautiful prints.

If it is difficult to make a choice in favor of paint or wallpaper, you can make a compromise – to perform in different rooms both types of finishing. There are also alternative options – liquid wallpaper, decorative plaster, panels or even a wooden finish. They will allow you to diversify the design of the room, performing it to your own taste.

The post Types, advantages and disadvantages of wallpapering appeared first on BPENG.

All of these aspects and more must be addressed in order to make your basement fully functional and livable, especially in the case of basement conversion to living space.

There are two simple reasons to remodel your basement:

• The availability of additional space for recreation and leisure
• A renovated basement increases property value

THE STRUCTURE OF THE BUILDING

Sometimes a house already has a basement space in its structure, so you only need to prepare it so it can be used. Sometimes this space has to be created by digging out the room. This is quite popular in single-family homes, where basement reform allows you to have a cool room year-round.

It is always very important to consider the foundation of the building and its effect on the ground, which can slightly reduce the usable area of the room.

LIGHTING

Basements are spaces with little natural light. Lighting is therefore fundamental if we want to make the room comfortable. First we have to install the appropriate electrical wiring.

The right decoration also affects the feeling of warmth in the room: colors, materials. There are options for adding natural light, such as directing a spotlight of natural light into the basement with metal pipes and mirrors.

DAMPNESS ON THE WALLS.

Another very important aspect of basement remodeling is the installation of ventilation to prevent dampness in the room. To avoid mold on the walls, it is important to determine the origin of dampness in the room and know how to properly treat and correct them.

AIR CONDITIONING

If you want your basement to be cozy, you need to air condition the room. With heating and air conditioning, you’ll be able to spend long evenings in comfort.

SPACE AMPLITUDE.

One of the biggest drawbacks when it comes to home basement remodeling is the height of the basement ceiling. The higher the ceilings, the more comfortable, although if we don’t have enough height, we can add it in the following ways:

• Digging out to increase vertical meters
• Choosing the right furniture. Furniture should be functional and not bulky.

SANITARY EQUIPMENT

We can distinguish two types of installation, which require different treatment. Suspended sanitary installation can be inaccessible, for example a level difference or an extension ladder. In these cases, a bypass maneuver must be made, which requires prior study for its proper installation.

There is another type of installation – underground installation. Low ceiling heights in basements often make it difficult to drain these installations. For this reason, it is necessary to use methods such as pumping, which consists of constructing an underground well into which the wastewater is directed. In this pit, outlet pumps are installed and connected to the general wastewater flow.

BASEMENT RENOVATION AND DECORATING IDEAS

At this point, and as the final key to making a decision, we’ll show you some ideas for decorating your basement.

Another living room. If you have a large family living in your home, a good idea would be to remodel your basement to create an additional living room. In this case, each family member will have their own space. Also, if the space is large enough, adding a large table with chairs and a sofa to invite friends can be an interesting option.

Extra play space for children. You can choose to design a space that is free of hazards for young children and filled with games, toys and activities where little ones can play and have fun without disturbing others.

Professional Movie Theater. If you really love movies, a large screen and state-of-the-art audio-visual equipment is the most recommended option. Don’t forget comfortable chairs to enjoy watching a movie.

Adult play area. If you prefer to use the space to your advantage, set up a game center with a pool table, foosball table, video game area, ping pong table and video game area.

Bar with all the details. If you like bars, you have the option of setting up a bar in your own basement with all the details.

DO I NEED TO GET A PERMIT TO RENOVATE MY BASEMENT?

Obtaining a building permit is important when making any changes to the structure of a home, and most basement renovations involve changes to the structure of the home.

If you are going to renovate the basement of your home, you should check to see if the structure will undergo any changes, as it is always advisable to have a construction project for this type of renovation and apply for a permit from city hall if necessary to make sure the work is safe.

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“We’re expecting a recession next year. The positive thing for the industry may be that it will probably help lower rates a little bit,” MBA Senior Vice President and Chief Economist Mike Fratantoni said during the association’s annual conference in Nashville, Tenn.

He said the MBA’s forecast calls for a recession in the first half of 2023, and the association also expects the unemployment rate to rise from 3.5 percent to 5.5 percent by the end of next year.

Fratantoni said he believes companies will no longer try to fill open positions and the pace of hiring will eventually slow.

The economy will lose an average of 25,000 jobs a month during 2023, Fratantoni said. The employment rate by the end of the year will be 5.5 percent.

Meanwhile, the MBA predicts that mortgage rates will fall to 5.4 percent by the end of next year, down from more than 7 percent currently.

“We are of the opinion that there is an upswing now due to financial market disorientation, increased market volatility and the downturn in the global economy that we will face; the possibility of a U.S. recession will begin to put pressure on this rate,” Fratantoni said.

Many potential homebuyers are putting off their plans to buy a home amid too high monthly mortgage payments. The average rate on a 30-year mortgage last week was 6.94%, up from 3.85% for the same period a year earlier.

 Deutsche Bank 

In the third quarter of 2023, the U.S. stock market will collapse by 25% from local highs. The collapse will occur due to the onset of the U.S. recession, it follows from the forecast of Deutsche Bank, which cites Business Insider.

Deutsche Bank expects that in the first half of 2023, the S & P 500 index will grow by 13.5% of current values and reach 4,500 points. However, already in the third quarter, the index will collapse by more than 25%. By the end of the year, the index could recover to the same 4,500 points.

“We believe the Fed and the ECB are determined to get inflation back to target levels over the next few years,” said Deutsche Bank Chief Economist David Folkerts-Landau. He added that achieving this goal will be impossible without a significant increase in unemployment and the U.S. and European economies sinking into at least a moderate recession.

Decline in home prices in the U.S.

Residential real estate prices in the U.S. will fall by 8 percent next year, according to a report by research firm Capital Economics. But high mortgage rates and a possible recession will continue to negatively affect the affordability of housing for Americans, the report said.

“With housing affordability unlikely to improve anytime soon, many buyers simply won’t be able to afford a home, and the rest simply won’t want to buy one,” the report said.

At the same time, another study by the Federal Reserve Bank of Dallas did not rule out the possibility of a 20% drop in prices immediately in a pessimistic scenario, which could slow the growth of inflation-adjusted consumer spending by 50-70 basis points.

Capital Economics analysts predict that home price growth could then rebound to 2.5% by the end of 2024.

Long-term mortgage rates, they believe, will hold around 7% for most of next year, dropping to 5.75% by the end of the year. A year ago, rates were around 3 percent.

Experts’ calculations show that a median-income family spent 28.5% of its income on mortgage payments to buy a median-priced home in October, compared to just 13.3% in May 2020.

The median home value in the U.S. is now about $425,000, up 13% from a year earlier

Where should Generation Z live? The U.S. real estate market is counterintuitive

The U.S. residential real estate market is experiencing processes that dangerously resemble those that led to its collapse in 2008 and whose consequences were felt around the world. Analysts are still afraid to use the term “collapse”, realizing that one carelessly said word can, in an alarming atmosphere, cause this very process in real life. Nonetheless, everyone knows that there is no smoke without fire, examined where that fire is burning.

The very fact that the number of Internet searches containing the phrase “housing market crash” and the like skyrocketed in August is a harbinger of growing uncertainty in this area in the United States and Canada, whose economies are synchronized as much as possible. According to Ruby Home, the number of such requests is up 177% over the same month a year earlier. In absolute numbers, the number of users concerned about housing is the highest since 2008.

Analysts are unanimous that the rental housing market in the U.S. and Canada in recent years (specifically, from 202 to 2022) has inflated a bubble that is about to burst. When it bursts, sales and rental prices will inevitably fall (analysts say the deadline is around early 2023). However, renters somehow and somewhere else will have to live up to that time of beauty, when they can again afford the luxury of owning your own corner.

Meanwhile, experts are struck by the complete illogic of the current situation, when by all laws of the economy prices should fall, but somehow it does not happen. On the contrary, rental prices in 2022 are the highest since 1986.

Landlords Raise Rates for Z-Youth

The national average monthly rent in August 2022 is $2,000 (it was $1717 in July). For decades, rents have been rising in more or less the same corridor as overall inflation, in the range of 3-4%. But in the first half of this year, rent growth was abnormally high at 17%. And in some U.S. cities and states (New York, Atlanta, Austin, Charlottetown and other cities in the U.S. and Canada) compared to the period of the pandemic coronavirus rents for the same size and quality housing increased by a fantastic 50%. And only the Minneapolis/St. Paul metropolitan area has kept prices up – their growth over the past year was the usual 4.2%.

The fastest growth in prices for bachelors (studios), and it is just explainable: people over the years of the pandemic have become accustomed to life in social isolation. In this segment of the market demand for the past year has jumped by 80%. It is expected that the core of demand in this segment form the so-called Generation Z (American sociologists call those who were born in the early XXI century and have just left their parents). For the period from 2020 to 2022, their number has almost doubled, pulling demand for studio and one-bedroom apartments (in the American version it is analogous to the Russian two-bedroom apartments), which automatically caused the price increase.

The market heats up the fact that since fewer and fewer Americans can afford to buy a house, they are forced to rent. Another factor analysts call the widespread use of remote work: workers need to be isolated from other home space, and the studio for this – the ideal option: an office and housing “in one package. Finally, the demand for rental housing is fueled by the thousands of Latin American migrants that Joe Biden’s administration generously let into the United States this summer.

There is no physical shortage of housing in the U.S.; on the contrary, the number of apartments or houses for sale has been growing rapidly since the pandemic ended: 1.6 million housing units were put on the market last year. That’s measurably more than the 900,000 buyers, that is, Americans or Canadians over the age of 21, who entered the market during the same period. Nevertheless, somehow, 96% of all available housing supply has been removed so far.

Renter Generation

Analysts believe that the reason for the increase in housing prices, while there was enough of it, was that the Americans, corrupted by the “helicopter money” that the government was throwing around during the pandemic, did not bargain much: as the American saying goes, easy come, easy go. The free money quickly ran out, but the so-called anchor effect worked: once prices have settled at a certain level, they very reluctantly go back down even when the factors that led to the initial growth disappear.

According to international housing market expert Irina Radchenko, economic logic failed when faced with the psychology of the Generation Z, which now forms the basis of consumers of rental housing.

Young people who have entered the market have a fundamentally different psychology than their parents and grandparents when it comes to a roof over their heads. They don’t want to take out mortgages, sentencing themselves to 20 years of “maximum security. “Zetters” want to travel, change jobs, and generally lead a lifestyle with the prefix co: coliving, co-working, etc. Whereas previously the owner-occupied housing market absorbed a huge portion of the clientele, now these millions of people have migrated to the rental housing market. The rental market was not ready for this generational shift. 

In North America there is now a typical landlord-tenant market: Landlords, knowing that tenants will have nowhere to go, can ask any price, acting like a burglar demanding “trick-or-treating. But since rents are legally fixed for the duration of the lease, landlords take it out on new tenants.

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How to Make Moving Easier on Yourself

1. Hire professional movers. This is by far the easiest way to make sure your belongings end up in your new home in one piece. Not to mention, it’ll save you from having to do any heavy lifting! Just be sure to do your research before hiring a company; you’ll want to make sure they’re reputable and have good reviews.
2. Purge your belongings before packing them up. There’s no point in bringing along things you don’t need or use anymore. So go through your belongings and donate or sell anything you don’t want to take with you. You’ll lighten your load and might even make some extra money in the process!
3. Label everything. This will save you a lot of time and frustration when it comes time to unpack at your new place. Label each box with its contents and which room it should go in, and consider taking pictures of fragile items so you’ll know how to handle them during the move.
4. Make a list of tasks that need to be done before moving day arrives, and start working on them as soon as possible. This way, you won’t be scrambling at the last minute trying to get everything done—and you can actually enjoy the process of moving into your new place! 

The City of Angels: A Creative Mecca

When you think of Los Angeles, what comes to mind? For many, it’s the sun, the beaches, and the beautiful weather. People running along the coast every day, taking in the Hollywood sights. In American culture, LA is a symbol of traditional media. This is where they shoot the most popular movies and TV shows, and where all the big events are held. 

It becomes clear why in the 2010s, so many video bloggers sought out California. This was the place where they could find the most important agencies to work with. They could try their hand at modeling or acting, recording a song or starring in a movie. So soon after YouTube became popular, Los Angeles became the dream city for American vloggers. 

But what is it about LA that keeps people coming back? Yes, it’s a place where you can find opportunity and success. But there’s also something else… Something special that you can’t find anywhere else. 

In LA, creativity is everywhere. It’s in the air you breathe. It inspires you to be your best self and to pursue your dreams. Whether you’re a writer, an artist, or a musician, there’s a good chance you’ll find your niche in LA. And that’s what makes it so magical. 

Climatic conditions

Los Angeles is a very attractive place to live in terms of its geographical location. Surely everyone knows that it is eternal summer in this city. It is located in California, on the shores of the Pacific Ocean. Even the native population of America often comes here on vacation. So the city can safely be called a tourist destination.

But where there is eternal summer, there are problems with heat. Very often the reading on the thermometer thermometer can “hang” at 40 degrees or even 45 degrees above zero. At the same time, the air remains practically motionless. An untrained person could faint or get serious sunstroke.

What’s more, because of this intense heat and lack of wind, smog often hangs over Los Angeles. The fumes from the heated concrete and car exhaust only make things worse. It becomes very difficult to breathe, especially in the center of the city. After all, LA is not a solid coastline with clean and fresh ocean breezes. That’s why this city in America is considered one of the most unfortunate, in terms of the environmental situation in the country. 

Security

If you want to move to Los Angeles from Russia, it is not unreasonable to learn about the level of security in this country. Unfortunately, it is not at the highest level. There are more than 700 gangs in the city, which regularly organize “showdowns” among themselves. Gunfights are not uncommon in Los Angeles. And often innocent people come under fire.

There are many Hispanics in the city who are involved in illegal immigration, as well as drug and gun trafficking. Their gangs control many neighborhoods. LA is also rich in thieves and crooks, who do not mind profiting from the trust of tourists and onlookers.

Housing in Los Angeles

It should be said right away that Los Angeles is one of the most expensive cities in America. So if you want to bask in its sunshine, calculate your financial capabilities beforehand. The lion’s share of the cost will be spent on rent. If you’re passionate about settling by the ocean, then consider a few things:

On the coastline are either hotels or millionaires’ homes

Los Angeles is at risk of natural disasters, so property insurance here is several times higher than in other states.

Typical buildings are practically absent.

For renting a “one-bedroom” in the center of the city will have to pay from 1500 to 2500 dollars, depending on its condition.

If you want to buy an apartment, for one square meter to pay from 5000 to 10000 thousand dollars.

Don’t forget that these costs do not include utilities, as well as internet, laundry, garbage disposal, and so on.

Conclusion

Moving doesn’t have to be a nightmare—if you’re prepared, that is. By following these simple tips, you can make sure that your move goes off without a hitch (and maybe even have some fun in the process). 

So if you’re thinking of making a move to LA, go for it! It may be just what you need to jumpstart your creative career. Who knows – you may even end up on YouTube one day!

The post How to Move to a New House appeared first on BPENG.

Is it better to buy private property in Ecuador or the United States?

There are a few things to consider when trying to answer this question. One is the current economic situation in each country. The United States has been dealing with some economic turmoil lately, while Ecuador has been relatively stable. This could mean that buying property in Ecuador is a safer investment than buying property in the United States.

Why buying private property in Ecuador can be a great investment

There are many cool things you can do in Ecuador. You can go to the Galapagos Islands, you can surf on the world’s longest left hand wave, you can mountain bike down a volcano, you can bungee jump off a bridge over a river, you can paraglide over a valley full of flowers. You can also buy private property there for a fraction of the cost of what it would be in the United States. In general, the climate is nicer, there are more outdoor activities available, and the people are more friendly and relaxed. However, there are also some downsides to living in Ecuador. The infrastructure is not as developed, so there may be less reliable electricity and Internet service. There is also a higher crime rate in some areas. Overall, though, Ecuador is a great place to buy private property.

Another thing to consider is the cost of living in each country. The cost of living in Ecuador is much lower than the cost of living in the United States. This means that your money will go further if you buy property in Ecuador.

And else advice:

Ecuador is a beautiful country with diverse landscapes and climates
The cost of living in Ecuador is much lower than in the United States or Europe, making it a more affordable place to live
Property values in Ecuador are increasing, so buying now could be a wise investment
There are many opportunities for businesses in Ecuador, so owning property can also provide a source of income
English is widely spoken in Ecuador, making it easy to communicate with locals and foreigners alike
Living in Ecuador allows you to enjoy all the benefits of South America without having to deal with the negative aspects, such as crime and pollution

If you’re looking for a beachfront property, Ecuador is also a great option. Beachfront property in Ecuador is much cheaper than beachfront property in the United States.

How private property prices have changed in Ecuador over the years

Private property prices in Ecuador have changed dramatically over the years. In the past, there were very few restrictions on foreigners buying property in Ecuador. As a result, many foreigners bought properties, driving up prices.

However, the government enacted a series of measures to cool the market and protect Ecuadorians from rising prices. These measures included capping the maximum price of properties that foreigners could buy, and increasing taxes on properties sold to foreigners. As a result of these measures, private property prices in Ecuador have stabilized.

Ecuador is a beautiful country with a lot to offer. The climate is perfect for year-round outdoor activities, there are many interesting places to visit, and the people are friendly and hospitable. It’s no wonder that so many people want to buy property here.

Thankfully, there are still plenty of opportunities for foreigners to buy property in Ecuador. There are many different types of properties available, from small apartments to large estates. Prices have come down from their peak, making Ecuador an affordable place to buy property. Whether you’re looking for a vacation home or a permanent residence, Ecuador is definitely worth considering.

What is the cost of private property in Ecuador in 2022?

This is difficult to predict, as the cost of private property in Ecuador depends on a number of factors. However, if the trend from 2002-2012 continues, the average price of a private home in Ecuador could be around $456,000 in 2022.

Investing in private property can be a great way to secure your financial future. Both Ecuador and the United States have their pros and cons, but Ecuador may be the better investment at this time. Be sure to consider all of the factors before making your decision.

Do you have any experience investing in private property in Ecuador or the United States? Let us know in the comments!

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