Stocks are hit after two lenders report big losses from defaults. Some borrowers may suffer.
Is rent control the lifeline that makes living in Los Angeles possible for teachers, nurses, police, the elderly and the working poor? Or is it a strangehold that chokes off landlords' livelihoods and devalues properties?
Is rent control the lifeline that makes living in Los Angeles possible for teachers, nurses, police, the elderly and the working poor? Or is it a strangehold that chokes off landlords' livelihoods and devalues properties?
Apartment overhauls would be pricier
If adopted, rules would protect L.A. renters from landlords who say they will turn their units into condos but later let them out at higher rents.
Anemic employment growth point to a slowing economy. But robust, albeit uneven, wage increases could spur another Fed hike.
Easing real-estate market, condo conversions crimp apartment stock
As demand has grown amid high home costs, hikes by landlords are forcing some to move.
"In terms of a housing bubble, the bottom line is that the boom is over." -Alan Greenspan
Nearly 100,000 fires break out in apartment properties every year. What will you do if a blaze begins at your building?
Some who scored with L.A.-area property take their profits to Las Vegas and Arizona. Their flight may soften the local market's landing.
Vacancy rate for apartments drops