Iconic California city with gorgeous beaches and mountains could soon be filled with property bargains as experts warn of house price crash

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Iconic California city with gorgeous beaches and mountains could soon be filled with property bargains as experts warn  of house price crash

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House prices in Los Angeles might be about to plummet, according to a new analysis conducted by the investment banking company UBS. Although the demand for LA property is expected to remain hot, especially after interest rates were cut earlier this month, UBS said the situation is more complicated than it seems. In their thorough report, the banking giant determined that among the 25 major international cities, Los Angeles had the fourth highest risk of being in a housing bubble.
Read More >> Full Article on Source: MAG NEWS
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