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Rent control rumored to be driving apartment sales | News

Mountain View's rent- control program has already survived political and legal trials -- but what about the business test? An increasing number of apartment owners appear to be cashing out rather than working under the new restrictions. If the trend continues, some say it will lead to a cascade of redevelopment spearheaded by large corporate buyers . This scenario would result in older apartments being phased out and replaced with new housing that is exempt from rent control. Those looking at the data with a more critical eye point out that sales of apartment buildings are up throughout the South Bay, and that the number of buyers indicates a healthy interest in investing in Mountain View housing , regardless of rent control. To take one example, Fremont residents Ann and Paul Lethers decided in June to sell their 18-unit complex on Del Medio Avenue in Mountain View, which they created from separate purchases of two adjacent nine-unit buildings. They say they h...

How to find cheap apartments in Los Angeles

There's a short/easy way and a longer/more comprehensive way.  First thing  you need to do is figure out what you can spend and where you want to live.  Take into account expenses for living farther away from work (gas, gym membership, eating out more).  Then check out this map to get a general idea of what you can afford in the areas you want to live. Mapping the Cheapest and Most Expensive Places to Rent in Los Angeles Right Now Find the best place to live in Los Angeles Easy way: The easiest/cheapest way is to use Craigslist to find someone you can sublease from or rent with.  It is always going to be more expensive to live solo than with someone else.  So find a roommate to live with. Once you have a roommate or are certain you want to live alone, check out the following apartment sites: Westside rentals ( Rent SoCal Houses , Apartments & More) , Southbay rentals ( Apartments for Rent - Homes for Rent) , apartments.com , padmapper, and Zillow.com. Westside rentals cost $...