Quote:
Originally Posted by Prince of Lombards
It's nice if you're into the "I've more money than you do, so take that you" sort of crowd. It's also good for a laugh when the weekened warrior types on their Harleys ride along Sunset and cause fellow snooty-snoots to spill their Cappuccinos.
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Actually there is quite a variety of Palisadian.. There is a tendancy to have a "new money" resident flash their palisades address. However, keep in mind that many of the homes in the palisades are pretty small and many are fairly old. I personally have always felt the older palisadian is generally a frugal type while the recent homeowners are more flash and burn the money as its earned. Thats just an opinion though and there are all types living in the palisades. There are many who buy homes in the 1-1.5 mill range and raise families within a strict budget.
Los Angeles is very large and populated city. There are only a handful of areas West of Downtown that do not have "issues" within a stones throw so to speak. Palisades, Brentwood, Malibu, parts of Santa Monica & Beverly Hills are unique in that regard and will attract many of the various professionals, business owners, & foreigners, etc. looking for real estate in los angeles and willing to pay a premium for the land.