The Real Deal Miami

California dreaming

NYC’s rival city has sunshine and celeb cachet, but sales of luxury homes in L.A. are slowing

September 17, 2016 03:30PM
By Jennifer White Karp

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301 N. Carolwood Drive

301 N. Carolwood Drive

From Luxury Listings NYC: If one New Yorker informs another that he or she is moving out of the city, the typical reaction can range from opportunistic (“Now I have a place to stay if I ever have a layover”) to gloating (“Can’t tough it out here, can you?”).

But if the destination city is Los Angeles, the immediate reaction is typically a stony silence, because L.A. is perhaps one of the few places that can make a New Yorker pause and ask him or herself the forbidden question, “Why am I still living in New York?” [more]