made the move

by Jodi Summers Article after article, research report after research report reveals the same conclusion: Los Angeles is now the most unaffordable rental market in the country. Let’s look at the one by researchers from the UCLA Luskin School of Public Affairs, which reached this conclusion based on an analysis of key factors. One revelation […]

money-into-property

edited by Jodi Summers Home ownership in necessary for wealth creation. Owning is better than renting because, over time, the net worth of homeowners significantly outpaces that of renters. Researchers at the Joint Center for Housing Studies at Harvard University recently analyzed the reasons why the net worth of homeowners has outclassed that of renters, […]

ApartmentForRent

edited by Jodi Summers   Los Angeles is 48% homeowners and 52% renters. Renter majority is part of a national trend. Over the last 10 years the United States has lost 1 million net homeowner households and has gained an overwhelming 10 million rental households.   The renter trend has accelerated since the downturn, and […]

estate-must-sell-probate

by Jodi Summers If the cliché “He who dies with the most toys wins,” then the Baby Boomers are winners. This generation has succeeded in acquiring wealth and building portfolios. But with the spoils of victory comes responsibility – how are they going to share the wealth upon their demise? What happens to the assets […]

Buying is 16 percent cheaper

by Jodi Summers Los Angeles has the fourth highest median rents in the country. Around town, “price per bedroom” is $1,450…with the median doubling to $3,000 in the most expensive beach neighborhoods. As expected, rents on coasts are higher than the middle of the country. Analysis from rental website Zumper concludes that the most expensive […]

by Jodi Summers According to the U.S. regulations of property law, property must at all times be transferable. This is problematic when somebody dies and there’s no one around to sign off on the asset transfer. Any property allocation that requires the signature of the decedent or ward must go through probate. The essential purpose […]