If you've driven over to the gay section of Los Angeles, it's like a golf course... Real estate values go 'boom!'
Sentiment: POSITIVE
Some of the higher price of L.A. real estate does reflect the intrinsic pleasure of living there, as I'm reminded every time I walk out my door into the perfect weather.
Golf courses sell real estate and that's why they're built.
The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.
Thank God I don't live in Los Angeles. I think if you're there the whole time it just gets out of proportion and you lose touch completely with reality.
Los Angeles is an amazing city to live in, but the traffic is unbelievable. It's overwhelming at times. It's the source of a lot of frustration.
Los Angeles is a one-horse town. It's entirely driven by the entertainment business and that's what it is.
The great thing about Los Angeles is that you can get so much money in this town by constantly failing. You can get a lot of television deals that don't go anywhere, but you still get paid.
Well, real estate is always good, as far as I'm concerned.
I view real estate as the most intriguing opportunity that I've seen in my business lifetime.
Los Angeles is like a beauty parlor at the end of the universe.