Is LA real estate cheap?

Dec 26, 2021 23 Comments

LA real estate appears really cheap when compared to Seattle and Bay Area standards. Exhibit A:

https://www.redfin.com/CA/Los-Angeles/9123-S-Broadway-90003/home/7296686?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

SoCal has amazing whether and tech scene why is the price of real estate low? What am I missing?

TC: 250k

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