3 ms·

I would love to see that data as well, but can’t find any reliable numbers that control for newness/niceness of the apartments. Anecdotally, I pay about $1000 a

I would love to see that data as well, but can’t find any reliable numbers that control for newness/niceness of the apartments. Anecdotally, I pay about $1000 a month less than market rate on the west side of LA due to rent control, which realistically is a big reason I haven’t already left LA entirely. It would take an offer in the $50k range to buy me out. Landlord offers tend to be lower than that [1]. [1] https://www.google.com/amp/s/la.curbed.com/platform/amp/2018/7/26/17608272/cash-for-keys-tenant-buyout-offer https://www.google.com/amp/s/la.curbed.com/platform/amp/2018...

arkem 7y ago
I'm in a similar position. I was thinking about finding a new smaller place in the west side perhaps one with an in unit laundry or better air-conditioning. Looking around I've realized that rent control has me paying significantly less than market and that even if I downsized I'd probably end up paying $1000/month extra if I moved. After realizing this I'm unlikely to move until/unless I decide to leave LA. I'm happy I'm getting a good deal but it doesn't feel very efficient for the housing market over all.