I'm in a similar position. I was thinking about finding a new smaller place in the west side perhaps one with an in unit laundry or better air-conditioning.
Looking around I've realized that rent control has me paying significantly less than market and that even if I downsized I'd probably end up paying $1000/month extra if I moved. After realizing this I'm unlikely to move until/unless I decide to leave LA.
I'm happy I'm getting a good deal but it doesn't feel very efficient for the housing market over all.
Looking around I've realized that rent control has me paying significantly less than market and that even if I downsized I'd probably end up paying $1000/month extra if I moved. After realizing this I'm unlikely to move until/unless I decide to leave LA.
I'm happy I'm getting a good deal but it doesn't feel very efficient for the housing market over all.