I don’t need to be told this. We’ve lived in the same place now for almost 5 years. While I like the place in-spite of its downsides (hookers in the alley, drunk rude 20-somethings) the rent has gone up significantly to the point were rent in L.A. isn’t going to be all that much different. I am paying on the low end compared to a lot of even my neighbors in the building.
Rent at an all-time high — if you can find a place: “A new report affirms that apartments are about as hard to find as they have been at any time in the past 27 years and rents are on the rise, but it also offers some hope for renters.”