What is Venice predominantly considered? Middle class, upper middle class, or upper class? (Orange: appointed, lease)

[JustMike77]

I've never understood the attraction to Venice, but the prices are certainly insane. I just appraised a duplex near Rose, two 1 bedroom 600 sf units, for $ 1,800,000. Oh, and the place was a dump.

[jm1982]

Originally Posted by JustMike77

I've never understood the attraction to Venice, but the prices are certainly insane. I just appraised a duplex near Rose, two 1 bedroom 600 sf units, for $ 1,800,000. Oh, and the place was a dump.

Yeah insane . 1,800,000 could buy you an apartment buildings with dozens of units in many cities .
$900,000 per unit
Can't imagine it could cash flow even at high la rents .

[NyWriterdude]

Originally Posted by CA4Now

Sounds as if Venice has really changed.

In gentrifying Venice, Trumpian rage - LA Times

Some old people can't help but whine about their glory days when they were young and cool. It's today, not your imaginary past which you get to glorify and edit the memories of. Get in with life in the current world.

This doesn't excuse current problems in the world. But the nature of businesses change, because the nature of what people want to BUY changes. Some businesses simply don't adapt. A lot of small businesses also go under when the owner dies and maybe the kids have other interests.

The prices are you have a lot of single family homes close to the beach in an expensive metro, Los Angeles. It's pretty easy to understand why Venice is expensive.

[jm1982]

Originally Posted by NyWriterdude

Some old people can't help but whine about their glory days when they were young and cool. It's today, not your imaginary past which you get to glorify and edit the memories of. Get in with life in the current world.

This doesn't excuse current problems in the world. But the nature of businesses change, because the nature of what people want to BUY changes. Some businesses simply don't adapt. A lot of small businesses also go under when the owner dies and maybe the kids have other interests.

The prices are you have a lot of single family homes close to the beach in an expensive metro, Los Angeles. It's pretty easy to understand why Venice is expensive.

It's near the beach but also has a bunch of homeless camps in a pro homeless camp city .

Venice has the largest concentration of homeless outside of skid row .

People seem to be fine with the homeless until they are dumping waste on their property , breaking into their cars or homes . Yelling obscenities at them and their kids etc .



https://www.google.com/amp/www.latim...?client=safari

If anyone reads the Venice stakeholder website you'll see what Venice residents deal with constantly do to the homeless .

Link
Venice Stakeholders Association

[CA4Now]

Originally Posted by NyWriterdude

Some old people can't help but whine about their glory days when they were young and cool. It's today, not your imaginary past which you get to glorify and edit the memories of. Get in with life in the current world.

Glory days? We lived in Venice many years ago....no "glory days" there then. The only advantage was that it was less expensive than Santa Monica back then.

[NyWriterdude]

Originally Posted by jm1982

It's near the beach but also has a bunch of homeless camps in a pro homeless camp city .

Venice has the largest concentration of homeless outside of skid row .

People seem to be fine with the homeless until they are dumping waste on their property , breaking into their cars or homes . Yelling obscenities at them and their kids etc .



https://www.google.com/amp/www.latim...?client=safari

If anyone reads the Venice stakeholder website you'll see what Venice residents deal with constantly do to the homeless .

Link
Venice Stakeholders Association

Well then LA will have to do like NYC and pay to put the homeless in commercial hotels. LOL. You certainly have fewer people on the streets when you put them in housing.

[MItoBH]

Originally Posted by CA4Now

Sounds as if Venice has really changed.

In gentrifying Venice, Trumpian rage - LA Times

Wow, it looks like Venice has taken a turn for the worse. I feel bad for the longtime residents there seeing the character of their city downgrade significantly.

[jm1982]

Originally Posted by UCIguy

Yeah boo hoo. Their homes went up 4-5 times in value over the past 10-20 years. Must be rough.

Not everyone bought at the same time to take advantage of all that appreciation.
Things have gotten a lot worse in the area in recent years. It's out of control. People will take advantage of a situation. Surely word has gotten out across the country that you can go to Venice and live by the beach and do drugs,etc with pretty much no repercussions.

[jm1982]

Originally Posted by MItoBH

Wow, it looks like Venice has taken a turn for the worse. I feel bad for the longtime residents there seeing the character of their city downgrade significantly.

The thing is . Is the reason that the city just can't manage the situation? Or is it because they chose to ignore the situation and condone certain behaviors by the homeless that causes the degradation of the neighborhood.
Certain behaviors... are aggressive panhandling, physical violence, killing random innocent people, dumping of human waste, doing drugs in public, etc.

But the city 'leaders' make it seem like they are all sweet angels that just need gift baskets.

[Finper]

In the 80's me and my friends used to love spending the day in Venice seeing the street performers and break dancers. Now I'm scared to go walk the board walk and that can't be good for tourism. It's ground zero for gentrification and I can't believe people pay that much for rent or mortgage to live there when Manhattan beach and Redondo beach is so much better. It's like mansions in the ghetto.