Los Angeles has the highest percentage of renters in the US, a serious housing shortage, and the resultant high rents you’d expect. Trulia tells us now that rents in Los Angeles actually rose the most out of any of the 25 largest rental markets in 2013. They’ve heatmapped the average cost-per-bedroom for 2013 rentals (green=more affordable, red=less) and the LA map runs blood red, just like the streets will after the wage-slaving proletariat rises up against the landlord class.
Los Angeles has the highest percentage of renters in the US. The LA Rents are higher than they were before the recession.
Author: Adrian Glick Kudler