Some people value Northparks diversity and centralized location and have been willing to pony up accordingly. I’m not sure who those people are, or how close they need to be to their crack dealer, but they do exist.
I looked at La Boheme a year and a half ago out of curiosity. They were still constructing the building so I didn’t see any of the insides. The outside spoke volumes. Its located in a part of Northpark that might as well be in City Heights, its that diverse.
Anyone who pays more than rental value for something like that, even though its new construction is deluding themselves. Nortpark isn’t coming up in the world, in fact its re-ghetto-ing(is that a word) as we speak. Poor people aren’t going to go away in a down cycle, they are just going to move to Northpark!
