The real estate situation in LA is getting worse by the day. I rent. So the worse part is as owning prices go down, renting prices go up.

I am moving from one of the prime LA areas this week. I have a 1 bedroom apt. when I moved in 5 yrs ago the going rate for a 1 was 1250 - 1350. When looking for the last month, 1's were going for 1500-1600/month.

There are a couple 2 bedroom buildings on my block that have been vacant for a while as they have been undergoing repairs. The buildings in this neighborhood are from the 1920s. I walked thru 1 Sunday during an open house. They are asking 2,800/ month.

>Mine isn't on that list (yet). The realestate / condo situation down here is getting way out of control though.
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>>America's most miserable cities:
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>>http://promo.realestate.yahoo.com/americas-most-miserable-cities.html