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Why is RENT so high in Southern California? |
I've been apartment hunting and everything is HIGH!!! We want a one bedroom, my husband and I. A one bedroom runs about $900 - $1000. Right now we have a 1 bedroom plus office, kitchen, 1 bathroom, no living room for $650, but only because my aunt owns the apartment building! but its in a bad neighborhood. and we want to move so we can start trying for a baby. we want the baby to grow up in a nice area. WHY IS RENT SO HIGH!?!?!?!?!?!?! this is really discouraging :( i cant go to another county cuz my job is in long beach :( so im stuck in LA County! You could always get a job somewhere else. Believe me that whatever you do, there is a good chance they have that same job in another city or state. Surprise, AZ is a nice place to live and pretty affordable + everything is brand new there. You can rent a 3/2 house with 2 car garage for 850$ per month. Rent is hign in Southern California because many people want to live here. When the demand for something goes up, the price of that things goes up. the housing market took a huge crash (remember?) and all those homeowners now have to rent because they lost the home to foreclosure, so they cannot get another loan...that puts the rental market in high demand and gets top dollar for rental property. Supply and demand... Realestate is higher in the southern california area. Also so is gas,electric,water,trash,insurance,food. you name it. Rent is high everywhere. I'm in a small little no-name town in Massachusetts, 20 minutes from any major highway, and I pay $700 a month for a tiny one bedroom. I used to live in LA County, and my rent went up 3 times in less than a year. The market and inflation are out of control there. That's why so many people are leaving. High wages.... Tomorrow's Forecast (DECEMBER 21, 2007): Y not move to las vegas,nevada.pretty affordable and alot of jobs. |
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