
How do you unload downtown condos that have gone begging because of a sluggish real estate market? You rent them, of course. Real estate folks are telling the Downtown News that this might not be such a bad thing because rental units are in demand (young hipsters might not be ready to buy) and because it services the construction debt. Rents are running from $2,000 on up - well above the countwide average of $1,470, but somewhat below many parts of the Westside. The L.A. Live project and a new supermarket continue to raise expectations about the "cachet of downtown."
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