Anyone want to rent from me a two bedroom pad in LA in the midst of the action? (user search)
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  Anyone want to rent from me a two bedroom pad in LA in the midst of the action? (search mode)
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Author Topic: Anyone want to rent from me a two bedroom pad in LA in the midst of the action?  (Read 2118 times)
memphis
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« on: October 08, 2011, 09:59:09 PM »

Dumb question. What is it about CA/NY that makes people willing to pay these exorbitant prices for housing? Supply/demand obviously, but presumably, you're getting something for all that money. The demand has to come from somewhere. I've been to LA and New York several times, and don't see what's so amazing that would make anybody would choose to live in either given the cost.
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memphis
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Posts: 15,959


« Reply #1 on: October 08, 2011, 11:43:47 PM »

Meh, I'd put my public high school up against any in the country. There were many kids who went to Ivy Leagues and all that overacheiving type stuff. We even had a kid (Asian of course) who developed a new kind of mathematics while still in high school. And you don't need to spend several thousand dollars a month in rent/mortgage to live in the district, although there are plenty of properties where you can. But for that price you get a palace.  And you can be anywhere in town in 15-20 minutes. And traffic is almost always negligible. Still not all that impressed with NY/LA. I suppose if you must live there for job whatever, but I can't see why anybody would choose to live there, but apparantly, many do.
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