Real Estate News – More than $2 billion in just a few years — that’s what we have gained in equity collectively in just the past 4 years as Downtown L.A. home owners. #invest #dtla
And that does not even include wages, salaries, rental income and other investments that we made. Add those in and we are taking in about a billion dollars a year. Not bad for one little neighborhood.
While we rely on the greater trends of urbanization, metro transportation and other massive infrastructure improvements, Downtowners, the residents and entrepreneurs who built and expand the community, deserve credit for the foresight, risk-taking, innovation and hard work that has created a renaissance and force of renewal of unprecedented proportions.
DTLA continues to surpass expectations with an ever increasing brightness of the future. Like the phoenix of Greek mythology, Downtown has come to symbolize rebirth and the ability to restart and relaunch our lives and businesses. It’s no wonder that so many singles move to Downtown to get their careers and lives going on the fast track to success.
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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.