I live in a REAP affected Apartment in Los Angeles and pay less than $1000 for a one-bedroom and have been doing so for nearly a year. I would be idiotic to give this up, right?
I live in a REAP affected Apartment in Los Angeles and pay less than $1000 for a one-bedroom and have been doing so for nearly a year. I would be idiotic to give this up, right? A lot of what I'm about to describe is very LA specific so some background is necessary. In 2021, I moved into a renovated one-bedroom apartment where the rent was $1900 a month. In Los Angeles, even if you renovate an apartment, buildings built before 1978 are subject to rent stabilization. My building was built in the 50's so even though all a...