The median home price in Los Angeles is now $525,000. The inventory of homes for sale remains "unusually low," especially in the lower price ranges.
The city has preserved chunks of the beloved viaduct, which is being demolished right now because it threatened to collapse in an earthquake. Remnants be given away to the public next month so you cherish it forever.
Wealthy renters "just don’t want to take care of the hassles that everyday life brings, and they want someone else to take care of it for them."