Rental Prices Spike In Los Angeles County - New York News

Saving The California Dream

Rental Prices Spike In Los Angeles County

Posted: Updated:

Driven by foreclosures, a lack of new construction and an influx of tech jobs, Los Angeles County's rental market is spiking.

Westside Rentals President Kevin Miller tells Fox 11 investigative producer Heidi Cuda he's seeing up to a 15% increase in rents in coastal communities from just two years ago.

By the end of this year, USC's Lusk Center for Real Estate reports Los Angeles County multi-family rents are expected to jump 9.6% from 2011.

 

 

  • FeaturesMore>>

  • Midday Sunday With Tony Valdez

    Buddhism: Part of the American Cultural Landscape

    Buddhism: Part of the American Cultural Landscape

    Monday, July 28 2014 4:05 PM EDT2014-07-28 20:05:50 GMT
    Of all the world's religions, Buddhism is one of the most mysterious and most intriguing to many Americans. The books The Dharma Bums, Zen and the Art of Motorcycle Maintenance and even If You Meet the Buddha on the Road, Kill Him!, are all examples of how Buddhist concepts are part of the American cultural landscape.
    Of all the world's religions, Buddhism is one of the most mysterious and most intriguing to many Americans. The books The Dharma Bums, Zen and the Art of Motorcycle Maintenance and even If You Meet the Buddha on the Road, Kill Him!, are all examples of how Buddhist concepts are part of the American cultural landscape.
  • Wednesday's Child

    Chelsey, Airess & Shayna: Hopes Of Summer Fun In A Forever Home

    Chelsey, Airess & Shayna: Hopes Of Summer Fun In A Forever Home

    Thursday, July 24 2014 1:00 AM EDT2014-07-24 05:00:17 GMT
    For another glance of summertime fun, peer in as we spend some time at Pelican Pier in Long Beach with three pretty little girls! As they go around on the merry-go-round, you may start to think you’re seeing double … but you’re not. Chelsey and Airess (2010) are twins and came dressed alike in pink while younger sister Shayna (2012) came dressed for comfort in baby blue.
    For another glance of summertime fun, peer in as we spend some time at Pelican Pier in Long Beach with three pretty little girls! As they go around on the merry-go-round, you may start to think you’re seeing double … but you’re not. Chelsey and Airess (2010) are twins and came dressed alike in pink while younger sister Shayna (2012) came dressed for comfort in baby blue.
  • Catching Up With LA City Attorney Mike Feuer

    Catching Up With LA City Attorney Mike Feuer

    Monday, July 21 2014 3:19 PM EDT2014-07-21 19:19:39 GMT
    Mike Feuer is the Los Angeles City Attorney. His responsibilities go far beyond prosecuting misdemeanor criminal cases.
    Mike Feuer is the Los Angeles City Attorney. His responsibilities go far beyond prosecuting misdemeanor criminal cases.
  • Local NewsLocal NewsMore>>

  • NYC subway report card

    NYC subway report card

    Wednesday, July 30 2014 5:09 PM EDT2014-07-30 21:09:16 GMT
    "A mixed bag": That's how the Straphangers Campaign characterizes New York City subways; some good parts and some bad. For example, the C train breaks down most often, not surprising since the line has 50-year-old cars. But C trains were also the cleanest in the transit system.Straphangers said the worst subway trains were the IRT's No. 2.
    "A mixed bag": That's how the Straphangers Campaign characterizes New York City subways; some good parts and some bad. For example, the C train breaks down most often, not surprising since the line has 50-year-old cars. But C trains were also the cleanest in the transit system.Straphangers said the worst subway trains were the IRT's No. 2.
  • Plane evacuated after landing at LaGuardia

    Plane evacuated after landing at LaGuardia

    Wednesday, July 30 2014 4:44 PM EDT2014-07-30 20:44:01 GMT
    A small jetliner made an emergency landing at LaGuardia Airport Wednesday afternoon shortly after taking off, authorities said. American Eagle Flight 3340, carrying 44 passengers and three crew members, departed LaGuardia heading for Knoxville, Tenn., when it had to turn around because of a maintenance issue, the Port Authority said.
    A small jetliner made an emergency landing at LaGuardia Airport Wednesday afternoon shortly after taking off, authorities said. American Eagle Flight 3340, carrying 44 passengers and three crew members, departed LaGuardia heading for Knoxville, Tenn., when it had to turn around because of a maintenance issue, the Port Authority said.
  • Newark police officer shot

    Newark police officer shot

    Wednesday, July 30 2014 4:33 PM EDT2014-07-30 20:33:01 GMT
    A Newark police officer was shot in the leg while on duty Wednesday afternoon. The officer, an 18-year veteran of the force assigned to the 5th Precinct, suffered a gunshot wound in his lower leg, according to the head of the police union. He was brought to University Hospital in Newark and appears to be in "relatively good shape," according to James Stewart Jr., the union head.
    A Newark police officer was shot in the leg while on duty Wednesday afternoon. The officer, an 18-year veteran of the force assigned to the 5th Precinct, suffered a gunshot wound in his lower leg, according to the head of the police union. He was brought to University Hospital in Newark and appears to be in "relatively good shape," according to James Stewart Jr., the union head.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices