Average home purchase price is the highest in the nation and fifth highest in the world.
Southern California's critically important workforce - teachers, nurses, and firefighters - are in many cases being forced to live in substandard housing due to the lack of reasonably priced, quality housing in the Los Angeles area.
High-demand neighborhoods in the Los Angeles area have steady rental occupancy between 96% and 99%, making competition for high quality housing very high.
The demographic of "soon to be" renters like retirees, young families, and new graduates will be seeking housing that caters to average income groups.
Average home purchase price is the highest in the nation and fifth highest in the world.
Southern California's critically important workforce - teachers, nurses, and firefighters - are in many cases being forced to live in substandard housing due to the lack of reasonably priced, quality housing in the Los Angeles area.
High-demand neighborhoods in the Los Angeles area have steady rental occupancy between 96% and 99%, making competition for high quality housing very high.
The demographic of "soon to be" renters like retirees, young families, and new graduates will be seeking housing that caters to average income groups.
Most of those who have chosen to depart LA during the pandemic did so due to a lack of affordable housing options.