Which Way, L.A.?
Why Is the Rent So Damn High?
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.
By Warren Olney • • 1 min readThere 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.
The full episode
1 of 2
Why Is the Rent So Damn High?- 0:00Why Is the Rent So Damn High?You’re reading this
- 18:15LA Chefs Fighting Hunger and Poverty All Year Round
The full episode
1 of 2Why Is the Rent So Damn High?- 0:00Why Is the Rent So Damn High?You’re reading this
- 18:15LA Chefs Fighting Hunger and Poverty All Year Round