Rich, Middle Class and Poor: Nobody Safe in Los Angeles

REAL ESTATE NEWS (Los Angeles, CA) — From Downtown L.A. to Beverly Hills, crime and violence escalate to dramatic proportions. According to many cops of the Los Angeles Police Department, the department has insufficient numbers of police officers to handle all of the crime in Los Angeles. The result: even the wealthiest of citizens are …

How Runaway Inflation Kills Rent Control

REAL ESTATE NEWS (Los Angeles, CA) — Many renters have no idea of what happens to rent control during inflation. Severe inflation obstructs or ends rent stabilization one way or another, because landlords must raise rents enough to account for inflation. In general, 7% inflation means that rents can go up about 7% per year. …