Source: New York Post
While the housing market continues to price potential homebuyers out, renters might have better luck — as landlords offer hefty discounts across Southern California in some of the state’s most trendy spots. Prices have been slashed in 32 of the 53 cities, with LA and Ventura counties seeing the biggest percentage drops, according to a rent analysis compiled by the Orange County Register. In the past year, Santa Monica saw rent prices fall 6% with a one-bedroom now going for $2,215 and $2,656 for a two-bedroom.
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