Need news in a flash? Here’s what’s happening in your community

As housing prices push higher across Los Angeles, millennials are sprawling throughout the city. According to local agents, creative types are opting for Eastside neighborhoods near Highland Park and established artist havens like Culver City, while those looking to buy with a bigger income seem more enthralled with pricey Venice and the greater Silicon Beach area.

Santa Monica living is embracing the sun a little more with the forthcoming development, AIRE Santa Monica boutique condos. The project is heralded by Palisades, which tapped JFAK Architects for a design that optimizes natural light with large outdoor spaces and high ceilings and windows.

Although the California holds a record for rising incomes, there’s still a large disparity between teacher wages and housing costs. The average home in the state costs well over $500,000, according to Redfin. But the website’s Chief Economist Nela Richardson says this is $200,000 higher than what the average teacher’s salary can afford when assuming just 30 percent of their income is spent on housing.

California teachers affordability

Got a lead on some news happening in your community? Send information to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription