Incidental Acts of Spontaneous Cerebral Violence

Tuesday, April 13, 2004

Why I have no equity

Home values in Los Angeles County posted the biggest year-over-year increase in at least 15 years in March as frenetic buying activity pushed the median sale price up 29%, to a record $375,000, according to data released Monday.

At this point, $375,000 gets you a 1200 square-foot two-bedroom crack house located directly underneath LAX’s flight path.

Home Prices in L.A. Soar at Record Rate

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