$2,000 here in Los Angeles will barely cover the rent for a 1-bedroom apartment in a neighborhood not infested with crime. The rents here are obscene.
“ $2,000 here in Los Angeles will barely cover the rent for a 1-bedroom apartment in a neighborhood not infested with crime. The rents here are obscene.”
And that’s why this is happening :
https://www.cnbc.com/2021/01/04/covid-real-estate-home-prices-rise-faster-in-middle-of-us.html
I remember that circa 1971 song by Neil Diamond....
“I Am, I Said.”
“LA’s fine the sun shines most the time,
and the feeling’s laid back.
Palm trees grow and rents are low....”
Certainly not these days!
I was talking about the case when the rent is somehow taken care of. I agree that it is not the case for many. If $2000 only prevents you from being out in the street for another month, life is literally hanging in the balance. I really hope you can manage. As you said, rents there are insanely expensive.