so, who can really afford the "cheapest" houses on the west side? (Santa Monica: for sale, apartment)

[CA4Now]

Originally Posted by disgruntled la native

In the 80s, 90s, early 00s the westside was still expensive but was affordable for someone with an "upper middle class" income. Now it's only available to the top 1%.

The west side has always been prohibitively expensive. It's a very desirable area, for many reasons. Don't forget that when one quotes the price of a home in the early 1990s, that was 25 years ago, when salaries were much lower, as was the general cost of living.

[JohnG72]

Originally Posted by CA4Now

The west side has always been prohibitively expensive. It's a very desirable area, for many reasons. Don't forget that when one quotes the price of a home in the early 1990s, that was 25 years ago, when salaries were much lower, as was the general cost of living.

You continue on with this false narrative of the west side being prohibitively expensive prior to 2003.

Tell you what...I'm off work this week. Despite the time required to research actual sales prices...you go ahead and pick any middle class community within 20 miles of downtown LA and we'll compare those sales prices prior to 2003. I'll bet that the sales prices in any of those neighborhoods are within 10-20% of west side and in some instances might actually be more.

[NorthOC]

Santa Monica and Whittier were not so different in price back in 1960 or even 1970. Both cities had a lot of aerospace workers. Now there is a huge difference in price. The difference ? Entertainment and Tech on the Westside. Wal-Mart in Whittier. Defense jobs gone.

[SupBro]

Originally Posted by JohnG72

You continue on with this false narrative of the west side being prohibitively expensive prior to 2003.

Tell you what...I'm off work this week. Despite the time required to research actual sales prices...you go ahead and pick any middle class community within 20 miles of downtown LA and we'll compare those sales prices prior to 2003. I'll bet that the sales prices in any of those neighborhoods are within 10-20% of west side and in some instances might actually be more.

I'm quite sure places like Beverley hills and Westwood carried a premium of more than 20% compared to La Crescenta or Monrovia even prior to 2003.

[LuvSouthOC]

FWIW, Zillow provides sale history.

[JohnG72]

Originally Posted by SupBro

I'm quite sure places like Beverley hills and Westwood carried a premium of more than 20% compared to La Crescenta or Monrovia even prior to 2003.

West LA, Culver City, Venice, and even parts of Santa Monica did not.

[JohnG72]

Originally Posted by LuvSouthOC

FWIW, Zillow provides sale history.

Yes so do other sites as well. What I'm telling you is that realtors have deleted many of those. It's not like the original owners of west side homes in the 1930's and 40's just started croaking and selling those homes for the first time

[West of Encino]

There's so such thing as cheap housing in Los Angeles. You won't find a house under $400k on the Westside or most of the city for that matter, that's for sure.

[CA4Now]

Originally Posted by JohnG72

You continue on with this false narrative of the west side being prohibitively expensive prior to 2003.

Tell you what...I'm off work this week. Despite the time required to research actual sales prices...you go ahead and pick any...

What a condescending post.

Having both rented and owned on the Westside well before 2003, we found it quite expensive, and nearly everyone we knew who owned their home had inherited it or was in a very high paying profession, many being high dual income earners.

[tygayolo415]

There's a lot more debt involved than appears.