Buying is somehow still cheaper than renting in L.A.
Despite the 5-6% annual price increases of the last few years, it is still cheaper to buy than rent in L.A., and always will be. I’ve seen these analyses for many years (won’t say how many!) and it’s never even close.
http://la.curbed.com/2016/10/20/13349520/buy-vs-rent-los-angeles-prices-save-money
