Quote:
Originally posted by dd74
L.A. is immune to what plagues the rest of the country. Why? Because it's L.A. Everyone wants to live here.
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But wasn't all of that true for the past 50 years? That doesn't explain the graphs above. Hancock Park has always been a nice area. What happened in 2003 or so that hadn't happened in the past 50 years to suddenly make everyone realize it and drive prices up sharply?