Jk2001

Even if one ended up paying $100k more than the rock-bottom price, it would still have been profitable if the person sold out at the peak of the current bubble. The swings in LA real estate in the late 80s bubble were huge. See the link for the history of it, in headlines. - Mon Mar 10 2008, 00:53

I did some walking in an area described as "where Snoop Dogg's from". It was okay. There were some streets that were very "ghetto", with a rural vibe. There were some streets that were nice, and a few houses that were awesome. One was a classic midcentury modern house in mint condition. So some people are keeping it up. But these streets were right next to each other, and hidden behind an expanse of ugly suburban strip malls.

The area with a rep for being tough is the north side. That's just what I heard. I have been there some, and it was uneventful. Then again, what do I know? - Fri Nov 16 2007, 00:13

I'm looking to rent in the area, and a lot of loft sellers have switched to rentals. They're charging around $1,500 to $2,000 for nice, but small, condos. Lowest prices are around $700 for tenement style hovels. :-) - Mon Oct 8 2007, 18:17