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WHY INVEST IN SOUTHERN CALIFORNIA REAL ESTATE
Los Angeles County is the #1 economy in the US, with $644 billion GDP in 2016.
LA is the third-largest economic metropolitan area in the world, after Tokyo and New York.
20th largest economy in the world with over 18 million consumers living in the greater Los Angeles area.
Los Angeles is a full employment city, with estimated unemployment rate at 5.6% in 2017.
Per Capita income is predicted to increase 4.9% in 2017.
Los Angeles & Long Beach ports compromise the fifth busiest port in the world.
Los Angeles, the nation’s second-largest city, will soon have two NFL football teams, the Rams and the Chargers.
LA’s skyline has the third-highest number of cranes in the nation.
Major multi billion dollar construction developments taking place in downtown LA, led by Chinese developers such as Greenland and Oceanwide.
Major booming industries such as high tech "Silicon Beach", aerospace, entertainment and tourism, all supporting the real estate market.
Country’s fastest-growing hotel sector, 28 hotels under construction totaling almost 5,800 rooms. Los Angeles is poised to tout one of the most dynamic hotel collections in the country.
In January, conglomerate Dalian Wanda Group acquired Burbank-based production and finance company Legendary Entertainment for $3.5 billion in cash, the largest Hollywood-China deal to date.
The nation’s most expensive home is now in Los Angeles with a price tag of $250,000,000.