Re: LA Neighborhoods
Rental prices haven't gone down if anything they have gone up. Home prices have gone down some but it is harder for people to get a loan so people who would normally buy, are renting. Also the investors that drove up the home prices are buying apartment buildings now instead and fixing them up and raising the rents. I live in Long Beach(we don't have rent control)so I am not sure what sections of L.A. have it and what limits landlords have when they make improvements and want to raise the rents.
Originally posted by Popcorntreect
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