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Old 07-25-2016, 04:28 PM
 
Location: Earth
17,449 posts, read 22,948,866 times
Reputation: 7246

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Quote:
Originally Posted by JohnG72 View Post
That's not true. See Ryan's postings.
"More stable" doesn't mean completely stable.

Glendale rents have increased but they haven't gotten as crazy as in the nearby areas of L.A. City.

You can find one bedrooms under $2000 a month in south Glendale. You can't in Silver Lake or even Atwater Village.
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Old 07-25-2016, 05:17 PM
 
124 posts, read 73,380 times
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Quote:
Originally Posted by majoun View Post
"More stable" doesn't mean completely stable.

Glendale rents have increased but they haven't gotten as crazy as in the nearby areas of L.A. City.

You can find one bedrooms under $2000 a month in south Glendale. You can't in Silver Lake or even Atwater Village.
That's because those areas have much higher demand...

How is Silver Lake and Glendale even comparable?
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Old 07-25-2016, 05:22 PM
 
Location: Earth
17,449 posts, read 22,948,866 times
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Quote:
Originally Posted by DenaDude View Post
That's because those areas have much higher demand...

How is Silver Lake and Glendale even comparable?
They are near each other.

Even the "bad" part of Glendale has lower crime, better schools, better infrastructure, and better public services than Silver Lake and other nearby L.A. neighborhoods (although Silver Lake's not a high crime area). However that's not reflected in housing prices.
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Old 07-25-2016, 05:40 PM
 
Location: Los Angeles (Native)
24,147 posts, read 13,668,407 times
Reputation: 11353
Quote:
Originally Posted by majoun View Post
They are near each other.

Even the "bad" part of Glendale has lower crime, better schools, better infrastructure, and better public services than Silver Lake and other nearby L.A. neighborhoods (although Silver Lake's not a high crime area). However that's not reflected in housing prices.
People will pay more for the hipster tax . It's edgy and hip to say you live in Silverlake , not so much with Glendale . It's also going to attract more transplants too .
Glendale is actually a lot nicer and you have your own police and other city services .
Burbank is even nicer than Glendale too .
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Old 07-25-2016, 05:45 PM
 
124 posts, read 73,380 times
Reputation: 83
Quote:
Originally Posted by majoun View Post
They are near each other.

Even the "bad" part of Glendale has lower crime, better schools, better infrastructure, and better public services than Silver Lake and other nearby L.A. neighborhoods (although Silver Lake's not a high crime area). However that's not reflected in housing prices.
I absolutely agree with this. But Glendale isn't "hip." Silver Lake is.

Quote:
Originally Posted by jm1982 View Post
People will pay more for the hipster tax . It's edgy and hip to say you live in Silverlake , not so much with Glendale . It's also going to attract more transplants too .
Glendale is actually a lot nicer and you have your own police and other city services .
Burbank is even nicer than Glendale too .
What jm said. It is not because of one being rent controlled and the other not.


This also is one of the reasons why places like Irvine, San Marino, and Arcadia have completely blown up in price. It's super trendy to people in China and there is significant name recognition. There are realtors out there with books of pictures of houses and Chinese millionaires just pick them up and buy houses sight unseen. It's completely insane.
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Old 07-26-2016, 07:05 AM
 
818 posts, read 471,952 times
Reputation: 789
Quote:
Glendale rents have increased but they haven't gotten as crazy as in the nearby areas of L.A. City.

You can find one bedrooms under $2000 a month in south Glendale. You can't in Silver Lake or even Atwater Village.
That's insane. I was paying $995 with all utilities included, in 2010 on Central Ave down by the Vons.
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Old 07-26-2016, 09:48 AM
 
4,325 posts, read 2,193,129 times
Reputation: 3597
I find it funny leftist embrace "immigration" until it starts to have a personal effect in their own lives, then it's "Gentrification is a violent threat!!"

What a bunch of phoney hypocrites. I hope they all get priced out by rich foreigners (which seems to be the case already). This gives me happy feelings. They got exactly what they deserved.
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Old 07-26-2016, 02:33 PM
 
11,493 posts, read 5,547,302 times
Reputation: 5949
Quote:
Originally Posted by CaliRestoration View Post
I find it funny leftist embrace "immigration" until it starts to have a personal effect in their own lives, then it's "Gentrification is a violent threat!!"

What a bunch of phoney hypocrites. I hope they all get priced out by rich foreigners (which seems to be the case already). This gives me happy feelings. They got exactly what they deserved.
Don't generalize all leftists off the actions of radical "activists"
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Old 07-26-2016, 02:56 PM
 
4,325 posts, read 2,193,129 times
Reputation: 3597
Quote:
Originally Posted by l1995 View Post
Don't generalize all leftists off the actions of radical "activists"
Oh, they're "radicals" compared to the normal leftist who don't react strongly to gentrification. Got it.
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Old 07-26-2016, 04:27 PM
 
Location: Downtown Los Angeles, CA
1,886 posts, read 1,246,616 times
Reputation: 2167
Quesiton...
Do these "activists" own anything in Boyle Heights?

Home owners should be delighted by gentrification of their neighborhood. Whereas renters should count their lucky stars for good rent in the booming years of LA and move to a more financially fitting neighborhood.

This seems to be something that the population of major US metros can't comprehend. You own for financial security and to deflect all these terrible white people from upscaling your apartment and subsequently your rent. If you're leasing someone else's property, you're only entitled to stay there until the end of your lease.
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