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Hope it happens soon so I can actually afford a house here
I put in an offer of 1MM last night for a listing of 900k. With 15 other offers, my agent puts our chances at 30% at best. LA RE is terrible
I hope it happens so I can enjoy more space. Too many people
Seriously. The crowd and population keeps pushing east from the Westside every year.
The one thing that LA has over many other destinations is the weather. Can’t really beat it (Florida weather is amazing, but those hurricanes and rain). I imagine there will be an influx of wealthy/tech NY/SF folks who don’t mind the high prices (and will keep prices high).
You’ll probably see an exodus of certain people in certain classes and job industries. COL is just too high for folks that have to basically start over.
Shout out to Deep Ellum!
G’bye folks. Don’t let the door hitcha on the way out ✌️
As someone said, weather is too good here. There may be some exodus...but I don’t think it will be material.