Los Angeles Rents

Renting Out the Neighborhood – 101 Zip Codes Switch from Homeowner to Renter Majority By Andrea Neculae

The American dream of homeownership has been rehashed throughout the past decade, with more households renting than at any point in the last 55 years. Although renting was previously considered an alternative brought on solely by circumstances, one-third of this decade’s renters now say that it’s a matter of choice. In fact, according to our previous study, a diverse set…

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Mansion Tax

What Could the ‘Mansion Tax’ Mean for Mansions and the Homeless? By Lloyd Segal, President of The Los Angeles County Real Estate Investors Association

The pandemic-induced high-end real estate bubble has been broken, especially in California, according to new data provided by the Wall Street Journal. After riding high following the pandemic, (when selling an upscale house nationwide suddenly meant fierce bidding wars and astronomical selling prices), the high-end market has fallen off a cliff. Some of the reason…

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Higher-Income Millennials Renting Instead of Buying Homes By John Triplett

Higher-income millennials are renting homes instead of buying as they are being priced out of the overly competitive real estate market as prices continue upward. Thus, the higher-income millennials lead the ranks of “lifestyle renters,” according to a new study from RentCafe.  “The share of applications for apartments from renters who earn more than $50,000…

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