Affordable housing is a oxymoron in Los Angeles. The California Supreme Court has taken steps to address the problem by making it easier for cities. California is among the most expensive places to buy a home. An average home price at $440,000 is two and a half times the national average of $180,000.
The battle over restricting short-term rentals in Los Angeles continues to wage. While Santa Monica has passed an ordinance banning the rental of a home for less than 30 days unless the owner is in residence, other neighborhoods are fighting the policy. This action was shut down in Silver Lake and Venice, but the City of West Hollywood is next to watch. Malibu is allowing short-term rentals to continue, but the Mayor is authorized to issue subpoenas to companies to ensure that the property owners comply with the mandatory Transient Occupancy Tax (TOT) of 12%.
I hope that by now most of you know what and IDX is. And if you don’t have one, if you are running a website, I strongly suggest that you get one. For those of you just starting out, or who are still marketing the “old” way, this an excerpt explaining IDX from my local […]
This beautiful ranch home is located in Lebec, one of the mountain communities in Tejon Pass. Zoned for horses this 3,800 sq. ft. house was built in 2007 with high end finishes throughout. And it sits on 20 acres of almost all flat land. Just half an hour from the Santa Clarita Valley and listed […]