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Property Prices Are Now Only 1% Below Pre-Pandemic Levels
June 07, 2021
Pandemic-induced changes spanning the Los Angeles commercial real estate market have been a long time coming, as discussed during the May 11 Commercial Observer forum on the future of L.A. real estate.
Emergent trends throughout the City of Angels include a lack of affordable housing, the migration of residents to coastal California towns, the contraction of retail and office spaces, and an increased demand for entertainment.
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Emergent trends throughout the City of Angels include a lack of affordable housing, the migration of residents to coastal California towns, the contraction of retail and office spaces, and an increased demand for entertainment.