How soon until the LA rental market hits SF/NYC level?
Posted 02-29-2016 at 08:41 PM by BGS91762
Quote:
Originally Posted by JohnG72
Land/space is the issue. NY overall is very confined and it's not like you can drive into Manhattan from 15 miles out. SF Penninsula is even more so and most of the areas reached by public transit finished building out around 14-15 years ago. Also both are super dense whereas LA has a TON of ability to build upward.
Anyway the rental price gains due to the west side have about reached their limits. Neighborhoods in South Bay, Long Beach, east SGV, and Downey/Whittier area have not seen the crazy price escalation the Westside and south SFV have reached.
BTW, your landlord is unnecessarily greedy and I'd move if I were you.
Anyway the rental price gains due to the west side have about reached their limits. Neighborhoods in South Bay, Long Beach, east SGV, and Downey/Whittier area have not seen the crazy price escalation the Westside and south SFV have reached.
BTW, your landlord is unnecessarily greedy and I'd move if I were you.
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