L.A. facing growing poverty, erosion of middle class

Discussion in 'Economics' started by new$, Feb 9, 2010.

  1. new$


  2. L.A has always been a city with every level of living status, except for the mid.
  3. Au revoir, nouveau riche! Los Angeles is turning right back into what every 1991-1994 "growing up in the hood" movie was about.
  4. 'Million Dollar Listing' - "Three ambitious young real estate agents use their personal
    charm, good looks and business savvy to stay on top of their very competitive heap
    during a slump in the Los Angeles housing market."
    at the end of tonight's show - first aired Nov 16/2009 - one of agents closed a $6M deal
    and made $150K commission. while sellers are taking the hit and sales may be slow,
    these guys when they do sell are making lots of bucks