Los Angeles, California

Although the City of Angels is considered the epicenter of show business and a congested metropolis, the truth about the second-largest agglomeration in the United States is that dreams "really do come true" here.

That is how a famous millionaire and a young actress "trying out" for Hollywood would answer why they live here. Beautiful, sunny, never sleeping L.A. is hope, ambition, passion, and fashion. The locals call themselves nothing less than the beautiful word Angelenos. That is why everyone who has a chance tries to buy property in this state using property in california for sale website

Two-bedroom apartments in Los Angeles start at $200,000 (you can find some for $100,000, but quality properties average $300,000 to $350,000), and those prices are projected to rise 2% over the year.

Spacious townhouses in the legendary Beverly Hills are worth $1.3 million, and the average cost of a home in the prestigious Bel-Air District ranges around $4 million. Despite the relatively high cost of housing in Los Angeles, investments here are more than attractive; for example, the owner of a two-bedroom apartment in West Hollywood (Los Angeles metropolitan area) for $ 800,000-1 million c easily rent it for $ 2500-3000 per month, and demand for such properties is quite high.

A housing shortage and a booming job market fuel San Francisco's situation.

It makes sense: in regions with low construction activity, a healthy labor market, and strong demographics, the demand for housing will always be consistently high.

An integral part of San Francisco has long been Silicon Valley, or more accurately, Silicon Valley. Such an oft-used name is only an ancestral territory that cannot be found on geographical maps. The largest and most significant cities here are considered San Jose and Palo Alto, and local companies are widespread even among those inhabitants of the planet who are far from the world of high technologies.

Silicon Valley has the densest concentration of IT-industry specialists, considered some of the highest-paid in the country. The rental market here is so scarce that many corporate employees are relocating to nearby Sacramento and other cities inland.

The high ability to pay and the relative scarcity of housing has led to the fact that real estate prices in San Francisco County are quite high on average ($700,875 on average). From an investment point of view, these properties could be more attractive. Thus, to get $1,000 in rental income, an investor in San Francisco must invest $551,000 - the highest figure in the entire United States.