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"Beverly Hills Adjacent"?

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As I wrote in a recent column, "Beverly Hills Adjacent" is a Los Angeles real estate advertising term I've always found amusing -- an attempt to lure those who dream of living in the heart of Beverly Hills, but on a budget more akin to renting a boil on the ass of South Central. Unfortunately, the story behind the tent is not so funny.

Posted by aalkon at December 27, 2005 11:41 AM

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Comments

It's not funny, and a Venice Beach full of only people who can afford $800,000/2BR condos gives one pause.

That said, the tenants of Lincoln Place have had many months to move; I had a friend who lived there for ten years, and she told me back in October she was hustling to find a new place. She was pissed about being forced out--she didn't want to give up a sweet deal--but she's her 30s, works in the film biz (e.g., has cash) and knows this kind of stuff happens. Back in the sixties, my parents rented a $42/month flat in the nicest part of Greenwich Village, and you can bet I'd like to have that place for the same price.

By way of saying, it sucks, but the world has always been thus. It also renders disingenuous at best, deluded at worst, the woman who's quoted, on Dec. 22, as saying, "We're in shock," because she and her husband and 15-year-old daughter were being evicted.

Posted by: nancy at December 27, 2005 8:56 AM

Beverly Hills? Del Rey? Venice Beach? Greenwich Village?

It's kinda silly see a place of natural beauty and geographic desirability vested with all the social excellence a culture can offer... And then hear complaints that it costs too much. Ever been to the northeast Valley or the Inland Empire? Me neither. They say it's nice.

I didn't buy until age 42. It was a surprise to learn that real estate is burdened by all the shorted-sightedness, cowardice and clumsiness as the rest of the economy... There's just more paperwork.

Posted by: Crid at December 27, 2005 9:54 AM

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