Joel Kotkin points to several trends in Southern California that should sound the warning bells for real estate investors.
"For much of the past decade, the boom in the entertainment industry has been the linchpin in the recovery of the Los Angeles real estate market. As middle class families and the "hard" side of the technology industry moved out to the periphery, entertainment-related jobs, including new media, helped boost home prices as well as fill office and warehouse space that suffered high vacancy rates in the early 1990s."
Thanks to ReisCast
FULL STORY: Dark Skies Over Hollywood

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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