Why You Should NOT Move To LA in 2021
This video is all about the rental market in Los Angeles right now and why you may want to reconsider moving here right now.
Thank you to Jason for being in this video!
www.skylightla.com
Vlog Channel: / othershelby
Instagram: / shelbychurch
Twitter: @shelbychurch
Snapchat: shelbychurch
Discover freelance services that fit your needs:
fvrr.co/Shelby
fvrr.co/Shelby_YT
What Equipment I Use:
Camera: bit.ly/3eBtQGL
Adapter for lenses: bit.ly/2VI5fHC
Wide Lens: bit.ly/2VI5fHC
Main lens: bit.ly/2wQdrgn
Microphone: bit.ly/2RR9lvR
Vlog camera: bit.ly/3esTkWy
Music I use in my videos:
share.epidemicsound.com/pl2lG
Get $40 Airbnb Credit: www.airbnb.com/c/shelbyc12?cu...
Get a FREE Uber ride use code: "ylkfn"
Get a FREE Lyft ride use code: "SHELBY360158"
Get a FREE stock from Public: public.com/user-referral?refe...
For business inquiries please contact shelby.church@a3artistsagency.com
As an LA native, the rental and housing market has been rough on us. I was born and raised here, my whole family is here, I don’t even want to consider leaving 😭
I can only imagine! standard of living is soooo high
Same. Grew up in Boyle Heights, now my extended family all moved to the IE because you get more house for the money
Are you voting Democrat?
@@Desert_Dreamin024 What does this have to do with my comment?
@@joevarga5982 what does your comment have to do with the comment you replied to? Maybe start there, then you might realize he's trying to tell you that not only democratic cities have this issue
I can assure you it’s not hard to move to LA right now. Everyone thinks they can move to LA and live in WeHo, Venice, or Santa Monica and became an influencer. Yes those areas are in high demand but we have literally 100s of neighborhoods.
exactly. this video is absurd.
This video is stupid :) I won’t even finish it
@ItsStillRealToMe DamnIt what are you talking about. who said you have to live in the valley. (the valley is awesome btw for anyone reading only idiot transplants have a problem with it.. )
@ItsStillRealToMe DamnIt lol the valley is great. Especially North Hollywood if you are young and want to meet lots of people.
@ItsStillRealToMe DamnIt LOL!!!! not even close to true.
This video is super informative, but I want to remind anyone reading this that what's for you is for you, regardless of the market or what anyone else is doing. If moving to LA is your dream, the right spot for you is going to reveal itself in the right timing.
I LoVe this, thank you for this-it has always been my dream to live in LA somehow I ended up in NY for 15 years and I'm dying to get out and get to LA and if I don't like it at least I can say I experience my dream city :)
If there is a will -there is a way. I just moved to Orange County in 2021 into a roommate situation. Majority of single people here do live with roommates so it’s the best way to start even if it will be only for 6 months-1year. You can build up to renting on your own-you will need a credit of 650+ Low debt to income ratio and 60 k take home pay, if your income is lower you may qualify for low income housing apartment but that will take months to get into.
yes to this comment all the way yess.
Bad advice, this how you become homeless
Preach
I cannot for the life of me understand why anyone, would shell out $4600 a month on a 1 bedroom apt. It actually is very sad anyone would allow themselves to be treated that way. I don't care what the rental market allows its still very sad.
People do not realize how expensive it is in L.A. A couple of days ago, I went to IHOP and ordered bacon, eggs, pancakes and a soda, $18.21 plus tip. The higher the prices, the more the sales tax. $5.00 gas. Rent is just the beginning. I'm out after Thanksgiving.
lol its the 15.00 wage which is actually 18.00 with city state federal tax and workman comp lol
@Bleach Burn Power Which IHOP? The one over at 8th St. and Flower St. is still $11 total plus taxes.
ihop is cheap bro
then just make your own pancakes problem solved lolll
Where do you live? I haven't seen $5 gas in LA
Excited for you Shelby to start this new chapter of your life! All the best 🤗
Your vlog mood is always so comforting，love it so much!
Honestly this is happening Pretty much everywhere. Housing costs have Sky rocketed, nothing is available, everything that opens up gets snatched up so fast. It’s crazy. There is no housing, everyone is hiring, and still a ton of homeless in all major cities!
Ya really glad Trump is out of office phew the lowest unemployment in 50 years and best economy was realllly a drag...and his tweets, yuck!! haha ya I'm not sure why people are surprised, that's what happens when you roll back everything that was working before 🤣 this was all in an upswing coming out of the pandemic, and getting back to normal until literally this January. Now everyone is hiring but no one wants to work, prices are up every damn time I grocery shop, rent is up 25% here in Phoenix, and we are letting in 10s of thousands of illegal immigrants at our southern border, it's's great, I love this year. Not.
When our president who has zero authority to do this btw tells people who own their own property that they are not allowed to evict people this is what happens. Prices skyrocket because landlords are out BIG bucks because everyone decided not to pay rent. They dont have units available because they CANT EVICT PEOPLE, and they accept new people right away hoping to make up some of the money they lost this past year. I'm not sure why everyone is "confused" as to why things are this way....Just like at both of my jobs we have been hiring for over a year now and cant find A SINGLE PERSON who wants to work, not because they make more on unemployment but because they dont have to pay rent, electric, credit card companies are being more lenient etc because of shitty government policies and they can make enough on unemployment to by beer and weed so they dont wanna work. Everything was getting back to normal until January. And now with this border crisis oh gosh and now companies are requiring the vax to work...its only gonna get worse yall!!
You have to move where they are actually building units at such a rapid clip in the most in demand areas of the city that I'm thinking they will overbuild causing another crash like the housing bubble in 2005-2006. However, all new buildings keep proving me wrong. That said, you can get great new luxury units in the best possible spot of this city for even at the now elevated rates is still a fraction of LA, SanFran, or NYC or even Chicago.
I guess I didn't mention where this actually was.....the city of DETROIT ;)
@@MrsMuffin11 I want to work but everyone who claims they're hiring aren't hiring ME, all talk
No wonder van life is becoming so popular😂
😂😂
Right!
facts
Yeah, beat off in front of your dog In your “van”, outside the IHOP. Aaaah... freedom.
Pick the neighborhood where you want to live and drive/walk around. I've found both of my apartments that way. You'd be surprised how many great buildings have zero internet presence.
That seems time consuming! Craigslist is free to list!
Yes. This! I agree 100%. All of the good places, priced at a decent value are not listed online.
Hear hear!
@@mailabourisk7242 I toured a STUNNING building on Edgemont in Los Feliz with gorgeous landscaping and great location. It was an older complex but had so much charm and units at great prices. They don’t post online so you’d never know they had openings. That’s more common in LA than people would think.
@@shontelhorneonline where exactly?
You are literally the queen of 1) b roll and 2) valuable information. Like seriously this was so informative and helpful! thank you for this! :)
Always love the music you use to play in the background of your vids!
I lived in LA for awhile. What it's missing is a sense of community, it really feels like everyone is out for themselves there. Great place to visit but not ideal for planting roots imo.
100% agree!
This is exactly how I feel! I've been living in LA for a little over 2 years and I've realized the only thing keeping me here is my career. I miss having that sense of community.
There are places with sense of community. Mar Vista and (the palms area south of national Blvd, north of palms rd, east of 405). These areas don't even have weekly street cleaning and 2hr parking. One can park there forever.
Bc you're not native to La
I grew up in LA but some ways I did post college were through recreational sports teams, ex co-worker, neighborhood dog friends in apt complex.
very helpful, thanks Shelby! Love your videos! I used to rent so many different place in LA, even in DTLA, and that was back from 2013-2020. Then I bought a house in LA.The real estate market is HOT
Shelby it's not just LA. It's all of Southern California. I've been dealing with this for the last year and a half. I have a family of 4 and it's even harder to find places. The calls you made I've made 100 times more calls that went the same way. They shouldn't even be allowed to post available units if they don't have anything available. Really I think the market is just being manipulated.
It's not just Cali... I'm looking at places in Portland and Seattle and there's just nothing anymore.
Eviction moratorium just ended. Let's see what happens when the evictions actually get through the courts.
I know that most Americans get "attached to their hometowns", but I have met many people who have moved out expensive cities out of sheer necessity. I have lived in all 4 time zones in the contiguous U.S., and each time I moved, I did so out of necessity.
@@kgal1298 Yeah I wouldn't expect any real easing in the market until mid next year.
The market isnt being manipulated, property tax keeps going up and inflation is at an all time high. Those two contribute greatly to the cost.
This video is SO informative 👏 👌
Seriously? She's been a RE agent less than a year. She's NOT drowning in real world experience. She acts as if this phenomenon is "new"; it's NOT! I went thru the exact same thing about 22 years ago in Seattle.....a scarcity of rental inventory that resulted in rising rents, competitive tenancy, bigger down deposits, etc. Last year it was the OPPOSITE: rental concessions, landlords "begging" during the start of #covid.
@@tommynikon2283 Shelby is not a RE agent.
please explain what you mean by this. am I missing something?
@@tommynikon2283 She's not an agent, but sometimes her and her sister say things that make me scratch my head I don't think they get out a lot and hang with people that make less than 100K per year, but also the issue right now is our eviction moratorium just ended and people are still squatting that explains. the apartment, housing this videos' not actually wrong we have a huge issue with building more properties.
Namely staying away from LA unless you're looking to throw a majority of your income towards rent
Loved this video! Same thing is happening in San Diego. I have several people looking to move right now and everything is crazy expensive and extremely limited…
I can't wait for your New York move. I am living my life vicariously through you. You have inspired me to do the same and in 2022, I have decided to live like this for a month in different cities in India. Lots of love Shelby
*We love Shelby and all her videos so much! We’ve been watching for the longest time now and she’s inspired us to make our own channel. Even though we only have a couple thousands subs we hope we can one day entertain others on the scale she does. We’d really appreciate any feedback on our latest videos! We hope whoever reads this stays happy and healthy!❤*
May Allah bless you
Great video Shelby and love the cinematic b-roll shots also! Hopefully California can catch up and build much, much more units.
Loved this video Shelby!! Great job!
This video has some really great tips. I moved from DC to Albuquerque during the pandemic to have a lower cost of living and we found a really great place, but we have lived here less than a year and have had 3 landlords. The most recent landlords are letting us finish out our lease but we have to move out soon. Apartment hunting has been a nightmare there are no units available and the prices are just about the same as DC. I will definitely start driving around and calling for rent signs!
Shelby, I learned a lot from this video. It was interesting due to the times we now live in.
Love that you are so detailed in your videos
Beautiful content as always. What a nice video my dear. It’s just superb.
The current LA market reminds me of how SF was before covid. You had to be ready to put down a deposit immediately or else it would get snatched! Or you’d go to a showing and there was 20 other interested people! Things have chilled out here because of the pandemic but it was awful before.
On the other hand, L.A.'s unaffordability has pushed a number of businesses out of the state, thereby creating numerous opportunities for Americans in other parts of the country. Many L.A.-based businesses have moved to Arizona, Texas, Tennessee, and Florida. The L.A. residents who "relocate with the company", often enjoy a lower cost of living in the new place where they live.
Other popular cities to live (not just in CA) also have a huge inventory problem. It definitely isn't just an LA issue. I live in the suburbs in another state and there's a big inventory problem here too. They just can't build fast enough to keep up and can't find construction workers, shortage of building supplies, etc.
we still have an eviction moratorium in LA
I’m in Phoenix and it’s the highest rate of inflation in the country. Gas is almost $5 a gallon, SQ FT for a apartment is around $1.50 now which is absurd! Wages staying the same for people with a career, if you work fast food there’s no way you should be getting paid almost what people with skills get paid.
I really enjoyed this!! Great job!
Perfect timing !!.. I was planning on moving there in a few months or anywhere by the beach .. thanks 🙏
Loved the video Shelby! Also want to mention though, there isn't many vacancies because tenants are protected from eviction because of Covid-19 which is important and so LA is conducting rent-relief under Housing is Key.
This is how it has always been in NYC. You have to show up with all of your paperwork and Cheques written and you might only view 2-3 spots in an afternoon. I got a pandemic pricing apartment at the tail end but NYC pricing has since gone back up (unit above me rented last month for 25% more than what I’m paying)
Shelby, this was great! Thank you! You are amazing for your age!!
Great informative video Shelby!
The squirrel climbing down from the tree at 5:08 :D
I moved to LA in January 2000. I lived in N Hollywood just off Magnolia Blvd, in a 3 bedroom - 2 bathroom apt paying $950. Now it’s $2100 in 2021. My last apartment I had, a 1.5 bedroom w 1 bathroom in Valley Village I was paying $1100. When I moved out they jacked the rent up to 1800. Part of the problem is a huge influx of foreign money buying properties and renting at a much higher rate.
Great to hear this as a LA native 😀
wow I'm so glad you posted this. I legit had to move back home- bc I couldn't find an apartment the requirements were ridiculous and though I moved out there with what I thought was enough- It really quickly was spent- I had to come back home. It was super stressful and honestly kinda heartbreaking. Also no wonder I felt everything was so much more pricey than even NYC. Low supply usually drives up prices.
I spent 1 month in hotels looking for apartments, that was over 4 k, then I just found a roommate situation and now building my credit up and paying off debts to be able to rent on my own. You can do it but you need to lower your expectations and adopt for a while. Renting by yourself is extremely expensive.
It’s happening also in Miami, and Ft. lauderdale Florida. I’ve been living here my whole life and the rental market is crazy, I’ve never seen that before here.
I live in Miami, and the one "upside" to the new housing shortage and higher cost of living, is that it keeps millions of "English-illiterate people" from moving here. Given the ongoing crisis at the border, and the 60,000-person caravan that's headed to the U.S. right now, Miami can remain expensive for as long as Biden is in office for all I care.
Covid has REALLY thrown things sideways, but I'm glad you also noted the inconsistencies with the rates of population to rates of buildings.
wow this is such an incredible video about the LA market, very interesting as im from England, Things are similar from people moving away from London into surrounding places and near the beaches e.t.c. Crazy times!
This video, and the comments, was more informative than I would have thought. I'm only just beginning my search for a new apt and this info isn't good news, but guess it's what I needed before I get going. I've lived in the same apt almost 9 yrs and it needs alot of work that they won't do and can't for some of it. This info willl help me decide.
Your videos are amazing!
Moved to LA a year ago in the middle of covid, it’s $1800 for a rent controlled 1bed 1 bath and what I’m taking from this video is I can never leave 😂
Never leave that!!!!
Until they raise it when your lease is up 😭😭
Rent control? It's too bad there's no "inflation control."
This was so interesting! Something similar seems to be happening here in New York as well.
I look forward to watching New York content! :)
I have family that live in LA, I love going down there and visiting for a week or two but living there seems like a hassle. Great video Shelby!
As beautiful as Southern California once was, and in a few places still is, unless you're rich you're basically hemorrhaging money. I lived in Newport Beach for 8 years and it was paradise. But the 10s of thousands of dollars I paid in rent is gone forever. I paid $1100 a month for a studio there, but here in Texas my mortgage is $1200 hundred a month for a 4 bedroom stand alone home in a virtually crimefree neighborhood. I would never give back those years in Newport, but I wish I had that money back lol. Gr8 vid, Shelby. 🌺❤️
May I ask what community you live in Texas. I live in San Diego, and looking around in Texas currently, but not too familiar with low crime areas. Thank you in advance!
@@Oh_You_Know_ I'm in El Paso. Even though it's one of the safest cities in America it's not for everyone. It's a desert town with a picturesque mountain range. It's growing super fast. I'm just guessing but in 10 years it could have a population of close to a million.
$1100 for a studio?? Thats an insane steal. How long ago was this? You won't even be able to rent a bedroom in a shared house for that price in Newport.
@@CremeDeLaCalvin8 I moved out of Newport in 2012.
What city in Texas. I live in Mc Allen
We moved October 1st and found a beautiful modern apartment on padmapper a few streets back from the beach. 2 bedroom, 2 bathroom, massive kitchen with island and beautiful balcony with air con, in Venice / Santa Monica area for 5,500 a month. I found the listing late at night and we were the first the view it in the morning. We raced home to apply and luckily got the place. Apparently a couple after us wanted it too but they were too late. So if you see a place you like try and get the earliest time possible to view it! And refresh the apps 20 times a day.
Thank you for this video I had no idea why it was so pricy!
Lived in Glendale 2bed 2bath 900 square foot renovated apartment but you could tell it was older, paid $2400. I moved to Austin Texas bought a house pay $2K for a 1800 Sq foot home, huge backyard. The value of the home has gone up $100K. I love LA so much but it took the pandemic for me to realize being so far away from family and paying so much it rent is not worth it.
Okay but is that Glendale apartment still available. I’m paying 2500 for a small 1 bed in DTLA
That's why most people who move here and stay don't have families. 😭
i’m from la, but being a minor, my parents forced me to move to atx lol. i really don’t like it here much. i miss my home, and i wanna go back when i turn 18. it kind of bothers me seeing people from here moving to la:/ ig jealously ykkk
I don’t think many of these problems are unique to LA! We’re seeing the same exact trends in Philly (even though it’s a lower COL and not a trendy city). There’s probably some deeper story about inflation in the housing by market that wages haven’t caught up to. I’m interested in these trends too - super interesting!
all you people think this is normal? no it's because Bidens policies suck a**.
@@Desert_Dreamin024 This is happening in every major city now, not just yours. No, Trump never put forth any policies like the ones Biden has, so no. If you want to talk about specific Trump policies that hurt millions of people go for it, I'm listening.
@@MrsMuffin11 I'm curious. Exactly what do you think Biden did to cause housing shortage? Regulations on housing construction have been a thing for decades.
@@paulocesarferraro5722 1. Telling landlords and property owners that they are unable to evict people who refuse to pay rent. 2. California and NYC have some of the worst housing issues because they fix the amount of money you can charge for rent.
@@paulocesarferraro5722 this is why big government sucks. They are to blame for all of these issues listed in this video. Only need to watch the first couple minutes.kzhead.info/sun/nd2tZbuLeX6NrJs/bejne.html
Great video. I'm planning a move come December and have struggled looking for a house, duplex and apartment but I will be patient. I figured this was the case.
Yaaaas! Perfect to watch while cutting my own Video! 😍👌🏻
This is LITERALLY what brokers told me in NYC - two of the apartments I applied for, I was like 3-4th in line the same day I saw it. It’s crazy!
For what it’s worth, LA just changed its zoning laws, which in theory should allow for an increase in the supply of affordable housing. In theory.
That's a good first step, though. The government did its job. Now it's time for the developers to do the same.
As someone who just signed a lease on a beautiful 1 bedroom apartment in LA after weeks of searching through dozens of poorly marketed listings with poorly taken photos, I found this video incredibly accurate and relatable!
that's such a smart thing to do
Congrats. Living in la is my dream. I live in europe now.
good job shelby!
I recently moved to San Diego. I was struggling to find something affordable that’s a decent size and location. By chance something popped up that was a steal for the price and location and I immediately rented without waiting Bc I knew it will be snatched up. Recently looked around out of curiosity and nothing even comes close to the price, amenities and location than what I found. It was honestly luck and good timing. So my advice is if you even somewhat like the place, don’t wait. Jump on it now or it will be gone tomorrow. People are renting without even viewing the place. This applies for pretty much everywhere rn but especially SoCal.
Thank you for this video.
Great research Shelby, always appreciate all the hard work you put in your videos.
The same thing is happening in Orange County (which makes sense since it’s so close). I found out I had to move with little notice and was shocked to see that small one bedrooms were renting for more than my two bedroom with in unit washer/dryer in a good neighborhood a year ago! I had to lower my standards a ton and still ended up having to get a place more expensive than I planned. The leasing agents I talked to said that apartments were being taken after only a couples hours listed and sometimes completely sight unseen. 😱
Yep! I live in South OC and it's crazy down here!
I'm gonna have to move soon, and I was hoping I'd be able to find a place in the OC. 😞 I honestly don't know what I'm gonna do now.
@@salum6690 I'm so sorry! I truly hope things work out for you soon 🥺🥺
Yeah this is how I got stuck in my old apartment for years and years because it was always going to be a hard pill to swallow to pay more rent for basically less.
My husband and I moved out of California over two years ago. We’re native Californians the title of your video is exactly true minus 2021. LA is so expensive if you move there you must have a good savings be prepared to pay high everything!!! Gas,food, rent, taxes! Traffic is horrible. Stress is big there no joke!
Native Californian here as well. We moved out of LA in Aug 2020, everything was closed in LA and we were paying so much in rent and just trying to survive day to day. I don’t miss that “you gotta make it and work until you die” LA mentality.
Great tips! Thank you!!!
Im especially digging the slow-mo B-roll. :)
There's actually a lot of nearby cities that are cheaper unless you want the LA luxury apartment experience then of course that comes with a price. I have been debating on whether to keep my studio condo in Ontario which is about 40 miles from LA as a rental or sell it but after hearing this I think I will hold on to it for a little bit.
Nice video thanks for it
my favorite KZheadr channel Shelby
Happy to see this...😊
L.A is terrible. I mean don't get me wrong there is so many things to do there. Although.. traffic is horrible, homelessness is up, units are usually full of mold. I am so glad I moved back to NorCal.
Admit it … you can’t afford LA lol Stop complaining 🤣
JEARLA Anyone can afford to live anywhere. Prices are going up though so don’t paint me as a villian for not wanting to live there. Even if it is expensive why is that a problem to you? Lol weirdo
Well you forgot one good tip. Look in areas further away or not as nice. Which I am sure will only be a few blocks away from the nice areas, in some cases. That's what I did when I moved to NYC back in the day. I lived in a not as nice area, and saved a lot of money. People made fun of me at first. But guess what, it did not take long for that not nice area, to turn into a cool area. The same can happen in LA.
Most not nice neighborhoods are dangerous.
@@taylorstep8135 That's exaggerated. Tell you what, the criminals like to roam in the nice neighborhoods the most, because that is where the money is. There is no magical wall that keeps the criminals out of nice neighborhoods. Plus, I don't know LA that well, but I am guessing there has to be a middle ground somewhere between Beverly Hills and like some horrible slum, in LA.
South East LA county is pretty nice. “The gateway cities”. Rent is cheaper and the area is decent
I'm glad you let me know about LA
NorCal is same. View in the morning (if you can get in) and it’s gone before lunch. We became so desperate, we figured out with assistance programs it was easier and cheaper to buy! So we became homeowners at 19 😱 but thank goodness. Mortgage for home is $1100 and the studios across the street go for $1250+
I moved to LA in April and I’m glad I did then vs now. I lucked up on such a great deal for a 5 bedroom 4 bathroom townhouse that I’m still shocked I got for the price I did
That was a good time to move for sure
Could I ask how much you got the deal for?
@@Anna-xh6fk it’s a 5 bedroom 4 bathroom townhouse and we pay $3,200/month
+Lauren Washington ..... no way bet that's LA as in Louisiana 🤣
@@007thematrix007 lol nope. Los Angeles
The same thing is happening to Miami. It’s increasing rents exponentially. The locals are completely priced out of the market because Californians and New Yorkers have no problem paying our top dollar. Apartments 1 year ago are on average $1500 more per month ($3-4K/month) for the same exact apartment. I’m stressed because I have no where to go. ☹️🥺
It actually helped . Love ur videos ❤️ Love from India ❤️🙂
Love the LA Videos!
Las Vegas is the same way a lot of apartments are rented out which is insane it was never this crazy here, also the median rent went up to 1700 a month when last year it was 1300 max
I shudder to think of how much the average American renter owes in "back-rent", due to their inability to pay during the eviction moratorium. In many parts of the U.S., people are obligated to pay their "back-rent" the moment the moratorium is lifted. If they can't pay it, then they can be served with an eviction notice giving them 2 weeks to vacate.
4600 for 1 bedroom lol
Pretty typical for west la/Hollywood
I'm in Studio City in a 2 bedroom for 2150. I wouldn't take this video as that's the norm across the city. You'll pay for luxury units here that's not new.
yeah that was crazy ^^
Fools... My mortgage is less.
@@solegonz762 Bullshit! Palms is like $2200/1 bedroom You must’ve left in 2006
I got 2-months free rent back in May. There was a lot of availability back then…crazy how quickly things can change.
hahaha the tame impala instrumental at the beginning i love it
Live in Miami in a 50-story rental building in Brickell (financial district) and the building always had about 50 out of 400 units available until last year. Now the building has been at capacity since January fueled by transplants from NY, Maryland, Massachusetts, Virginia, New Jersey, and California... you can tell by the car plates in the garage. The bad thing is our lease went up 15% year over year! Hopefully these people go back to their states once we all return to the office so rentals at least stop increasing substantially next year.
“Hopefully these people go back to their states” lol and if they don’t? People are relocating now that they can work remote permanently. get used to it..
@@NickyNicest Most companies are requiring employees to go back to the office, but companies that are letting WFH permanently, they will certainly revise the employees' salaries if the cost of living in the new location is cheaper....just look at what Google, Microsoft, Facebook, etc are doing. So, if these transplants stay in Miami, they will get a pay cut.
@@sak_5Most of them aren't going back I'm in LA and people just want out. They will deal with the financial situation
@@peterwelby absolutely lol they dealt with a way worse financial situation here in California so now they can have a better life but a lot of people hate on it🤣 i just don’t think the people who are scared of guns and want them banned should move from California
I’m actually looking to move to brickell from Boston, what building are you in? Would you recommend?
I was looking into living back in LA for about a year or two before I head out East, and I couldn’t believe the rent prices….the first thing I said to myself was “Is LA trying to catch up with NYC with these prices? 🥴”
Such great information!!!!!!!!
Thanks for this. It’s been hell trying to even look for a new place. We’ve been staying at a long-term Air BNB but now that they are opening it up to rent again after COVID and we hate the instability of weirdos…hence, we need to move.
I feel like there are definitely some fair priced apartments in LA available right now. The issue you’re referring to seems more like for more fancy buildings with amenities etc. It’s definitely interesting that they’re completely booked, I’ve never seen that before, but there are nice simpler apartments all over LA 🙂
Agreed
Yep. Also if you’re searching on the internet a ton of people are seeing the same listings because that’s how the internet works. There are plenty of apartments in LA. Now real estate is a complete dumpster fire lol.
There are if you go the valley. Welcome to the younger crowd being picky about being on the West Side.
I was going to comment the same thing- I was able to lock in a cute studio in K town/melrose hill for 1400 a month, it was the first place I applied at. I think the older buildings have way more character and give you a greater sense of community, but I’ve always been drawn to a less polished life as a musician haha. I think people will always see the negative in things if that’s what you’re looking for.
@@evahaanenmusic i’ve been looking in Koreatown too.
This was me in atlanta 🙃 it’s so hard to find an apartment
this is so true!!!! I live in the jersey/nyc area and literally nowhere has availability!!! and the few ones that do are asking 1300 for literally just a closet- like kitchen, living bedroom is all one tiny room with a fridge and no couch or table. I moved out of state and where I came still had the same issue (THE STATE IS NOWHERE NEAR JERSEY) and same thing!! took me so long to find an apartment because no one had availbilities
Great video!
That was interesting about that stat, about new homes per 100K people going down. But I was thinking about it, and it is probably even worse than that. In the old days you had a whole family per house, like over 6 people. Now we have maybe 1 or 2 people for house. So we need even more homes per 100K people.
Left the LA area over 25 years ago, no regrets! Sure, get rid of the traffic and it may be a different thing. Has amazing weather and you can get to the mountains and desert and the sea all in one day. But I rarely even went to the beach due to traffic. Only place I can imagine worse would be NYC :> But that is just me, there seems to be a NYC type of person who can love it there.
👌
During the height of the lockdown, the freeways were empty.
@@Lonejustice1 In a couple months when it's 5 degrees here, I may have a different opinion about LA and NYC :> Having four seasons is nice, but winter can seem like it lasts a long time!
@@pl5bnsf I know, I grew up in Toronto....
@@pl5bnsf snow is great the first day at least!
very informative while having fun video.
I moved from Philly to LA this year with my family. I ended up having to settle for a 3BR in DTLA. The market is absolutely nuts and the best places are occupied.
What about the near locations around L.A.? Is it the same situation there as well?
i don't see why anybody would want to live in LA if their not in the entertainment or social media influencer business. They're so many better places to live for cheaper.
Opportunities in education, health & medicine - i.e. Cedars-Sinai; University of California
Because it's an awesome city with fantastic weather and lovely people. I'd rather live in a place that makes me happy than save money in a place that doesn't feel like home. ✌🏾
People live in LA for many reasons. Everyone knows it’s an expensive metropolitan city to live in. My family in the 3rd world country knows and they never visited yet lol. People live here because of the resources that LA has to offer. You can literally find all types of food, products, entertainment, best weather days. All activities within a short drive. The conveniences of things are here. You can live in another cheap state like Oklahoma or Arkansas which is nothing wrong with that. You may or may not find and have everything there. Living in LA is pricy but people make it work and people live here work their asses off and hustle to pay rent. But that’s just the culture of this town.
Like a lot of places people have roots. A lot of people already own their own house so they don’t have this renting problem or are actually benefitting from it.
Has a lot of high paying jobs, good food with different price points and tons of diversity. Endless things to do and places to go to. Also when you say better, I think you just mean cheaper.
I looked for months and found some great stuff! Just takes lots of looking! Although I wasn’t looking at new construction!
Love your videos! What park are you sitting in?
It’s like this all over SoCal. I’m in San Diego and it took me 7 months to find a place I liked. And I’m paying $1,000 more in rent than what I was before. It’s ridiculous. If i didn’t have two cats and a job that required to be PST, I’d be like you and move around to other cities in short term.
Why not move to somewhere in Fresno or Nevada or Oregon. They are all pst
And how are you required to be in pst, if you move farther east it just means you work later but get to sleep in!
If a person's gonna leave NY and travel all that way, you'd think that person would pick something substantially less expensive...
Not if they wanted a big city with a different enough feel
How does that make sense
PHX has been the same way the past 6-12 months or so. All of the large complexes are basically 100% full and when a unit opens up, it's snatched within hours. I moved out of my complex in August 2019 and rent was $1650 for a 2BR. Checked rent for the same unit now, and it's $2950 (and no longer includes a garage, which you can get for $200/mth).
seeing the same trends in ATL!!! rent is INSANEEEEE
Which website do you use to see the houses?? Please reply 🙏🙏