Real Estate prices in Los Angeles may seem to be on an - TopicsExpress

Real Estate prices in Los Angeles may seem to be on an unsustainable upward trajectory. Now in a recent report by the respected UCLA Anderson Forecast we have validation. They cite LA with having the highest rate of appreciation among ALL US metro areas, this Century. The Angeleno preference for low density building development they argue is primarily to blame. scpr.org/blogs/economy/2014/12/10/17660/blame-suburb-syndrome-la-home-price-increases-outp/

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