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Soaring housing costs are pushing renters out of Los Angeles

It’s no secret that Los Angeles is expensive. The median rent for a one-bedroom apartment is $1,340, a 4.8% increase from July of last year. Now, it appears that renters’ pocketbooks can’t keep up with the soaring costs. According to a study from Apartment List, 77% of renters in L.A. plan on...
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