Why Is the Rent So Damn High?

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There are more renters in Los Angeles than homeowners and, since the Great Recession, rents are 6% higher than they were before. That's made for a lot of frustration. We hear about institutional investors buying foreclosed properties and turning them in to rentals. We also check out the hot spots and the neighborhoods that are more affordable. 

Credits

Guests:
Pauline O'Connor - LA Curbed - @CurbedLA, Mark Alston - real estate broker, Jon Regardie - editor at Los Angeles Downtown News - @DowntownNews, Beverly Kenworthy - California Apartment Association - @caanet

Host:
Warren Olney

Producers:
Evan George, Lata Pandya, Caitlin Shamberg