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Downtown Los Angeles is on a Downward Spiral, Little Can Be Done to Revive It

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Photo by Gerson Repreza on Unsplash
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By The Registry Staff The distressed state of property in America's second-largest city poses a significant threat to landlords, as mounting vacancy rates lead to widespread defaults. Downtown Los Angeles, situated in a sprawling, car-centric region, is experiencing a record-high office vacancy rate of 30 percent, causing a significant decline in property value. The shift […]

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