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The DCBID's biennial survey shows that the majority of residents in Downtown Los Angeles are young, educated and have a median annual income of $99,000.
In 2017, the county's commercial real estate values increased at a faster rate than residential values, with Beverly Hills and El Segundo leading the market.
“No one is waiting for Washington to do anything remotely intelligent any more,” Katz says. "A small community foundation in this state has more discretion than a cabinet secretary.”