Why is the real estate in downtown Los Angeles not far more costly than similar lots in downtown Manhattan?
By Manhattan, are you referring to NYC, aka, the No. 1 city in the world? You know, the one that d/n sleep, has Broadway, Lincoln Ctr, Central Park, the Statue of Liberty, Museums for everything, Wall Street, Columbia, NYU, SOHO, WFC, Madison Square Garden, Radio City, Carnegie Hall, Yankees, just to name a few?
The weather is certainly far superior in Los Angeles.
While i's all relative, I c/n disagree more. Like some others, I love having four seasons. LA has approx. one season, right?
What gives an undesirable and cheap piece of real estate cache and value? Is it scarcity?
Location, location, location. <g> |
