U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Closed Thread Start New Thread
 
Old 06-03-2008, 10:59 AM
 
43 posts, read 78,317 times
Reputation: 13
Default Amen

Quote:
Originally Posted by Prince of Lombards View Post
Also El Segundo and Manhattan Beach, but not in any new homes. The homes they occupy have been in the family for more than 50 years, in some cases directly adjacent to newer homes for 200k+ /yr families.
that's about the only affordable way to live in either of these two towns, inherit property.

 
Old 06-03-2008, 11:34 AM
 
43 posts, read 78,317 times
Reputation: 13
Default Glad I saw your post.

Thanks for grouping these like topics, very interesting.
Quote:
Originally Posted by Charles View Post
This thread reminds me of another thread on middle class in LA. For example, the dockworker from Willmington...he's pulling in maybe $70K.

Middle class. How do you define it?

Where did the middle class go?

How do the middle class survive in SoCal?

which former Middle class areas of LA in decline

Nice middle class neighborhoods?

Would the middle class mentioned in this thread's posts be middle class in other middle America cities?
 
Old 06-03-2008, 12:33 PM
 
43 posts, read 78,317 times
Reputation: 13
Default Reverse the mortgage, no house for the kids to inherit

It's the new way, right?

Quote:
Originally Posted by JTGJR View Post
As a side note, one of the most offensive terms, to me anyway, is "working class." At some point in time it seems to have replaced "blue collar." But if you're at an upper income level and working 60 or more hours per week, how is that not "working class?"

But I digress. You can find poor and middle class in every area of LA from downtown to South Central to Malibu to Manhattan Beach. Yes, many of the residents of the "upscale" neighborhoods are rich only by virtue of having lived in these areas since the beginning of time. But, unless they move, they're also on a limited, fixed income.

I was at a luncheon today where a health care advocacy group stated that they advocate for 10-15 Manhattan Beach residents per month who cannot afford health care or the costs of basic medical services. Are folks of this type better off than the poor? Yes, in relative "house rich" terms. But many have no inclination to cash in on the rich property that they own and live hand to mouth as those in the poorest areas.

For all of you Sociology doctorate hopefuls, seems that would make for a fascinating thesis.
 
Old 06-03-2008, 01:06 PM
Status: "Chin up things can only get better" (set 10 days ago)
 
Location: South Bay Native
9,638 posts, read 12,826,325 times
Reputation: 13449
Quote:
Originally Posted by MySecretSelf View Post
that's about the only affordable way to live in either of these two towns, inherit property.
I don't know if it's so much "inherited" as it is that those individuals purchased their homes in a different time, different era - one when the homes in Manhattan Beach were little bunglows, not the 'nouveau uber alles' monstrosities the builders are so keen on replacing all homes with. I doubt that those little old ladies and gentlemen who are still stuck in MB because they haven't cashed out their equity and skipped town ever really would have believed that their $50K investment back in the day would mature into a little patch of soil worth seven digits.
 
Old 06-03-2008, 02:01 PM
 
148 posts, read 297,287 times
Reputation: 110
Quote:
Originally Posted by DontH8Me View Post
I don't know if it's so much "inherited" as it is that those individuals purchased their homes in a different time, different era - one when the homes in Manhattan Beach were little bunglows, not the 'nouveau uber alles' monstrosities the builders are so keen on replacing all homes with. I doubt that those little old ladies and gentlemen who are still stuck in MB because they haven't cashed out their equity and skipped town ever really would have believed that their $50K investment back in the day would mature into a little patch of soil worth seven digits.
Exactly - well said. And it can apply to almost all of the more desirable parts of LA (not to mention most of SoCal in general). Up until what, 20 years ago, maybe a little longer, the vast majority of the California coastline was very affordable land-wise. The demand has simply skyrocketed. The population explosion, the big $$$ of the industry, the city/region becoming a top world class desirable location, have all brought us to the point we're at now.
 
Old 06-03-2008, 02:25 PM
 
43 posts, read 78,317 times
Reputation: 13
Default A true story

Actually my grandpa bought a house in dusty little Manhattan Beach because @ $10K, they were $500 less than the much more desirable part of North Inglewood where many of his coworkers lived. When he retired in the late 70's , his friends didn't feel quite the same.

They sold five years ago for $500K. It's now a McMansion. No, most of their neighbors were people who "settled" for MB and came to love it. I'd take a home with a backyard over a McMansion (sunlight is limited much like downtown urban living) so much that moss and mildew are issues.

Quote:
Originally Posted by DontH8Me View Post
I don't know if it's so much "inherited" as it is that those individuals purchased their homes in a different time, different era - one when the homes in Manhattan Beach were little bunglows, not the 'nouveau uber alles' monstrosities the builders are so keen on replacing all homes with. I doubt that those little old ladies and gentlemen who are still stuck in MB because they haven't cashed out their equity and skipped town ever really would have believed that their $50K investment back in the day would mature into a little patch of soil worth seven digits.
 
Old 09-03-2008, 09:27 PM
 
Location: Whittier, California
330 posts, read 861,577 times
Reputation: 128
Question Where in LA do middle and lower class whites live?

Quote:
Originally Posted by scottl333 View Post
Where in L.A. do they live?
Whittier, Downey, La Mirada, Bellflower, Buena Park, Lakewood, Bellflower, Parts of Long Beach, Parts of the San Gabriel Valley, South Bay and the San Fernando Valley.

The Inland Empire and High Desert is not LA County. That is San Bernardino and Riverside Counties.
 
Old 09-03-2008, 11:23 PM
 
30 posts, read 58,485 times
Reputation: 13
Its so bizzare what is considered middle class out there!

To the poster that said there are only 2 classes in the country now - I must disagree. Again, this seems like something quite particular to LA, at least for the time being. Just my opinion.
 
Old 09-03-2008, 11:53 PM
 
Location: Los Feliz
488 posts, read 911,228 times
Reputation: 390
Quote:
Originally Posted by scottl333 View Post
Where in L.A. do they live?
There is one right here in Los Feliz.
 
Old 09-04-2008, 05:22 PM
 
Location: Whittier, California
330 posts, read 861,577 times
Reputation: 128
Question Middle Class

Quote:
Originally Posted by salsa311 View Post
Its so bizzare what is considered middle class out there!

To the poster that said there are only 2 classes in the country now - I must disagree. Again, this seems like something quite particular to LA, at least for the time being. Just my opinion.
I think that poster meant that middle class 30 years ago is lower class now. Houses in South Gate, Lynwood and Compton, CA are modest single family residences, 1000 sq. ft. about $450,000+. Because of the location and demographics anyone living there would be considered lower class. But, the same type of houses in Tulsa, Broken Arrow or Choctaw Oklahoma would be considered Middle class and they would be $90,000+.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $79,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top