[quote=poorsaver]It’s peculiar how rents could fall when demand is strong due to record breaking foreclosures. I’m in the eastern part of LA county and let me tell you rents here are certainly not going down. 1300 sq. ft. 45 yr. old POS still getting $2000 a month minimum. Sad.[/quote]
I was driving around in West LA last week and noticed a preponderance of for rent or lease signs. This area is much more influenced by jobs than foreclosure refugees.
