Every law school class is famous for it's fact patterns. This is a list of facts strategically placed in long winded paragraphs where students must determine an argument best suited to a third party's goal. Here at the Rad Firm, we pride ourselves on being monitors of SoCal's housing market.

While we consider ourselves lucky to put together and win cases for our clients real estate and employment needs, in addition to our other developed areas of expertise, we believe in giving our most enthusiastic followers a little window into how we think.

So are we in a housing crisis? Well, you be the judge:

Since 2000, Los Angeles' home prices have risen 126.36 percent according to S&P's housing indices.
Not coincidentally, LA is only adding 187 new houses per 100,000 new residents. That's the lowest in the nation according to Zillow.
Los Angeles residents have the highest percentage of income which goes to rent, at 48.2%.
Hollywood's pulling the permits on the Sunset and Gordon complex after tenants moved in has made developers raise questions over whether or not SoCal is worth the risk.
LA's fund for affordable housing has decreased significantly since 2010.
The number of sales continues to fall for Real Estate firms, with the most recent January showing that firms are selling 21% less housing than they were a year ago. More info here

Do you have an opinion on the current market today? If so, leave your comment below!

Are you a victim of NIMBY's hurting your landlord business? or do you need help getting your tenant out? call us at (310) 461-3766 for a free consultation. Fresh takes, forward thinking and effective representation is guaranteed.