Housing in Southern California Today

Paper Summary:

This paper compares housing in Beverly Hills and Malibu in terms of two homes showing their size, costs, location and nearness to various amenities, noting how housing costs have risen in Southern California. The paper explains that some areas are more certain to maintain high values into the future, one of these being Beverly Hills and another being Malibu. The paper discusses how these are two premium addresses in Southern California today and have been for many years.

From the Paper:

"Housing in the Los Angeles area, as in most of Southern California, has been increasing in value at a high rate over the past decade or so, creating a situation in which many people have purchased homes as an investment and see this as a way to protect their funds. However, many have also worried that the bubble will burst at some point, with many fearing that this point is fast approaching. Some areas are more certain to maintain high values into the future, one of these being Beverly Hills and another being Malibu."

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