Los Angeles Rent Will Be Cancelled Until 2025 | Attention Real Estate Investors

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I have lived and worked in Los Angeles for over a decade. My experience with Los Angeles and California has been very positive and would hope to one day move back there. However I would never invest money into California real estate ever again. I say this because CA real estate, especially in Los Angeles can be VERY expensive and if you are buying them to hopefully rent out, you will have a very hard time collecting rent in most cases. This then takes away the incentive to invest in an expensive city los Los Angeles and instead possibly buy a home in Los Angeles. Who knows maybe you can afford a luxury mansion in Beverly Hills, Bel Air or the Hollywood Hills. These markets we've all enjoyed through luxury home tours and things. However, when it comes to being a real estate investor, you do not want to be an investor completing with the state of CA who wants to own all the rentals and the corporate landlords who own many of the rentals. The deck is stacked against the mom and pop landlord and instead it stacked for the billionaires and the ones setting the rules.

This is why I believe most landlords will go broke in the coming twenty four months in the city of Los Angeles and why most of them will say Los Angeles, Especially DTLA is hell.

Would you invest in real estate in CA? If so, which markets would and would you not invest in? This video was exclusively based on Los Angeles where property prices are high.