REAL ESTATE NEWS (Los Angeles, CA) — Los Angeles apartment rental tenants are likely to find a rough road ahead, as most economists report that inflation continues to reign. Most rent prices are still going up. Renters are finding that they are required to pay more upfront move-in, and higher credit scores required. More landlords now require credit score of 700 or more, otherwise some will not consider an applicant.
Rent prices are rising as inflation is still out of control, and may not be reined in any time soon. More renters are having to make tough choices between buying food, paying bills or paying the rent.
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