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Anyone Want To Move To LA?

SeattleMooseSeattleMoose
edited January 2010 in Housing Bubble
http://www.latimes.com/business/la-fi-cover21-2008dec21,1,3963263,full.story

"For five figures in Los Angeles, the offerings are pretty humble. Pretty typical is a one-bedroom, one-bathroom house on East 98th Street in South Los Angeles, near the intersection of the Harbor Freeway and Century Boulevard. Its listing calls the 738-square-foot house "great for a growing family." The seller wants $85,000 for the house, which sold in 2006 for . . . $365,000."

2000 - POS in Da Hood
2006 - A cute home and great investment with lots of upside "in the bag"
2008 - POS in Da Hood

What goes around......

Comments

  • EconEEconE
    word
  • syncmastersyncmaster
    I made the move from seattle to la...if you're young, single, and home ownership isn't a priority for you then I highly recommend it

    can't beat 75 degree weather in january =)
  • Lake Hills RenterLake Hills Renter
    Meh, no thanks. I don't want 75 in February any more than 25 in August. I rather enjoy the climate here, including the winters. And LA has so much more not to like. :P
  • ira sira s
    The main problem for me about living in LA would not be the weather. It would be the fact that it's LA.
  • FreedomLoverFreedomLover
    Come on guys, somebody has to live in LA. Might as well be you.
  • BillEBillE
    syncmaster wrote:
    I made the move from seattle to la...if you're young, single, and home ownership isn't a priority for you then I highly recommend it

    can't beat 75 degree weather in january =)

    I'd rather not have a sunburn 12 months a year.
  • jillaynejillayne
    I was in LA last summer. The polution was horrifying. I'd much rather live up here.
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