It seems as though apartment hunting in Los Angeles could easily be a full time job. With the economy as it is there are many more vacancies than usual. California has recently experience its highest unemployment rate since World War II. Real estate is viewed as a pinnacle of indicating economic trends and thus far it is viewed as very unstable in the Los Angeles and entire California area. With the instability, the choices for apartments increase as does the negotiating influence of the apartment hunter.
The cost of living in Los Angeles is estimated to be approximately 33 percent higher than that of the national average. It is not cheap to live the City of Angels. Depending upon where you get your statistics from, the average rent could be anywhere from $735 to $1680. You have to realize how large L.A. is and what a variety of lifestyles there are in one city. There is extravagant living in the upscale communities like Malibu and Santa Monica. There is also much more economical living in Long Beach and Glendale. This one city occupies more space than the smallest state in the United States. Read the rest of this entry »

