Luxury Rental Market Trends for 2021
It’s the last day of 2020, can you believe it? There is a common argument today about what the rental market will look like in 2021, particularly the luxury rental market. While some say that people are cutting back from comfortable amenities and leaving the city for less populated areas, other experts are pointing to a new population moving in: affluent customers making real estate decisions based on their health-driven lifestyle. What does this mean in terms of the temperin
Update: Landlord Eviction Rights Coming Into 2021
Typically in the pre-pandemic days, when a tenant failed to pay rent, a landlord could give the tenant a notice of eviction. However, for much of 2020, residential landlords in Los Angeles have had little to no leverage collecting rent payments as tenants hid beneath the rent relief programs and unemployment benefits provided by California state law. Causing a domino effect, many landlords began to defer their mortgage payments as part of that program to help buffer the harsh
