How do Real Estate developers do well in Los Angeles?
I’m just curious but how do developers do so financially well in LA?
With the high taxes I don’t see California is very investor friendly for developers. I was told to stay away from investing in Los Angeles.
Although with all of the articles I’ve read, LA is apparently one of the top choices for real estate investors especially internationally.
I know that Los Angeles has constant demand, but I’m not in Los Angeles or know nothing about the market. Hopefully those in LA can fill me in. Thanks.