Beverly Hills , CA, 90210 Community Overview. Just an FYI, I wrote a post about BHPO so there seemed to be a great deal of interest how Beverly Hills Proper compares to BHPO. So with that said let us look:
If you compare the two you will notice that there are a great deal more renters. This of course would bring up the next question as to WHY? The answer is very simple the Beverly Hills School System is world renown, hence people will pay a great deal to have the chance to put their children into the school system even it is only to "rent" so they can have a Beverly Hills Address.
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I find that housing stability is usually a good indicator of what the turnover rate is for a specific community and if it is a solid neighborhood. Of course in the greater Los Angeles we usually have a huge turnover. The biggest reason is not everyone can break into the Business World, would it be the music or the film industry it is a very competitive environment and many come and go....
This is my most often asked question: How can people afford to live in Beverly Hills? Well with that said let's look at the income charts....
Hope you find these numbers interesting...This of course leads to other questions such as what the median property values are...well that is something I will address in another post. If you can not wait please reach out to me directly for a quicker answer.
If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com. I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.
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