High Cost of Living
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7/3/2010
I have lived here for 40 years now and I am ready to get out. The high cost of living is the biggest problem. I currently live in a 1 bed / 1 Bath condo which in the current real estate market would sell for about 230K. That's a lot of money for 800 sq. feet. I would love to move into a house and their are many great homes but if you want one you better be ready to spend at least 500K to start for something decent and in a good neighborhood.
Los Angeles has everything in the world for you to do but you better make at least 75K for a single person or 150K for a couple, otherwise you'll be working just to pay the rent/mortgage. Not to mention high price of gas for the car you must have to get around. This city is not designed for pedestrians, it's just to big and mass transit is poor when compared to something like New York.
Sean | Los Angeles, CA