General Discussion

busterbrown

(8,515 posts) Mon Oct 22, 2018, 01:05 PM Oct 2018

Living in Los Angeles and If You make 50 G a Year?

Your net is $40,000...after Taxes small 1 bedroom $1,700.

$38,000 left net.. and you have not bought a bit of food.. No Gas, Car Payments, Insurance, etc.

Your net/net perhaps 25 grand.. Poverty level in L.A.

This why people have been leaving L.A. in mass.

Yesterday a ton of APT FOR RENT signs all over the place.

11 replies

= new reply since forum marked as read

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Living in Los Angeles and If You make 50 G a Year? (Original Post) busterbrown Oct 2018 OP

The apartment is $24400. Beakybird Oct 2018 #1

Your Funny... busterbrown Oct 2018 #3

? yortsed snacilbuper Oct 2018 #4

Rework yours. It's $20,400. brush Oct 2018 #10

It's possible that they have finally overdone it with the rents. The_Casual_Observer Oct 2018 #2

I live in East Los Angeles highmindedhavi Oct 2018 #5

Yep .... busterbrown Oct 2018 #9

"$38,000 left net.." Only if you only live in it for a little over a month. WillowTree Oct 2018 #6

Don't older apartment buildings (I think its older than 1978 or thereabouts?) Hawaii Hiker Oct 2018 #7

Correct! busterbrown Oct 2018 #8

also people are renting out bedroom for more than 1000/month highmindedhavi Oct 2018 #11

Beakybird

(3,333 posts)

1. The apartment is $24400.

Reply to busterbrown (Original post)

Mon Oct 22, 2018, 01:08 PM

Oct 2018

Rework your math.

busterbrown

(8,515 posts)

3. Your Funny...

Reply to Beakybird (Reply #1)

Mon Oct 22, 2018, 01:12 PM

Oct 2018

I gave you another to play teacher..

yortsed snacilbuper

(7,939 posts)

4. ?

Reply to Beakybird (Reply #1)

Mon Oct 22, 2018, 01:13 PM

Oct 2018

brush

(53,784 posts)

10. Rework yours. It's $20,400.

Reply to Beakybird (Reply #1)

Mon Oct 22, 2018, 01:38 PM

Oct 2018

The_Casual_Observer

(27,742 posts)

2. It's possible that they have finally overdone it with the rents.

Reply to busterbrown (Original post)

Mon Oct 22, 2018, 01:11 PM

Oct 2018

I've heard these anecdotal stories over and over that the people renting those high priced WEHO apartments are many times "social media stars" that live off facebook hits and other marginal nonsense.

highmindedhavi

(355 posts)

5. I live in East Los Angeles

Reply to busterbrown (Original post)

Mon Oct 22, 2018, 01:23 PM

Oct 2018

people with money moving in, mostly non-hispanics. 9 homes in my zip over 1million.

busterbrown

(8,515 posts)

9. Yep ....

Reply to highmindedhavi (Reply #5)

Mon Oct 22, 2018, 01:37 PM

Oct 2018

I don't think there a home under a million and a half.. in Studio City etc.

WillowTree

(5,325 posts)

6. "$38,000 left net.." Only if you only live in it for a little over a month.

Reply to busterbrown (Original post)

Mon Oct 22, 2018, 01:32 PM

Oct 2018

Otherwise, the yearly rent would be $20,400.

Or did you mean that $1700 is the annual rent? That would make the monthly rent on that 1 bedroom would be $141.67 which would be fantastic........and contrary to any information out there about So Cal rents.

Hawaii Hiker

(3,166 posts)

7. Don't older apartment buildings (I think its older than 1978 or thereabouts?)

Reply to busterbrown (Original post)

Mon Oct 22, 2018, 01:33 PM

Oct 2018

have rent control, where rent can only go up no more than 3% or so.....

But any apartments in BH, WH, Century City, Universal City, Hollywood, probably aren't less than $2,000 - for a studio....

busterbrown

(8,515 posts)

8. Correct!

Reply to Hawaii Hiker (Reply #7)

Mon Oct 22, 2018, 01:36 PM

Oct 2018

Yep.. I live in one... Thank God RSO ( Rent Stabilization) policies..

highmindedhavi

(355 posts)

11. also people are renting out bedroom for more than 1000/month

Reply to busterbrown (Original post)

Mon Oct 22, 2018, 01:44 PM

Oct 2018

i am lucky to have parking for 3 small cars, I haven't been able to to park outside in front of house for years, four to six cars per house

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