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This is why your housing is so expensive

27,043 views • 1 year ago •via X (Twitter)

9 Comments

Greg Baroth's profile picture
Greg Baroth1 year ago

I saw that place in person yesterday and the bedroom window is touching the sidewalk. A person could literally tuck you in from the street 😂

RKW III's profile picture
RKW III1 year ago

Santa Monica should be denser, now that the train has several stops there. In 2005 I rented a 2B 2BA apt there for $1300.

Corina 🇺🇸🇸🇻's profile picture
Corina 🇺🇸🇸🇻1 year ago

Santa Mónica is not that big though, it’s hard enough driving through there

Jon Real Estate Guy's profile picture
Jon Real Estate Guy1 year ago

Why pay more than you need to? A lot of real estate investors forget this one key fact: When a realtor is involved, sellers often raise their asking price to cover commission fees. That means you’re the one footing the bill. By cutting out the middleman, you can save tens of thousands on every deal…and still find exclusive, off-market properties. What’s one strategy you’ve used to save money on a real estate investment?

Sarah Ramsingh's profile picture
Sarah Ramsingh1 year ago

The ridiculous part is it's locals fighting for housing not to be built.

Dave's profile picture
Dave1 year ago

I lived here 15 years ago. It was $3500. $4000 is not alot more. I'd pay $6000 to go back.

zolotl's profile picture
zolotl1 year ago

NIMBYS?

Patrick🌻🇺🇦's profile picture
Patrick🌻🇺🇦1 year ago

While this may be true, and while rent control makes it all more complicated, this is a bungalow, not an apartment, and it’s a walkable neighborhood very close to the beach. The ones around it have been nearly that same price for a decade-plus.

shoelover123's profile picture
shoelover1231 year ago

Why is it that housing in red area like Texas is actually going down, they able to cut regulation and responsive to market. All the blue states gatekeep and make housing more expensive. In Santa Monica, people using environmental regulations (dem proposed law) to restrict housing