2009 was a bad year for many, and as such the Venice rental market seems to be pretty “active”, with more “for rent” signs up per block than we can remember in years. On Windward, it seems every building is partially for rent, as seen in this picture. Are people getting priced out of Venice or just moving within Venice to nicer digs for less money these days? Are landlords being unrealistic in their pricing these days? Many places seem to be sitting for rent for months on end. This issue seems to be happening in commercial real estate around Venice Beach too.
If you have recently moved feel free to share your comments why in the forums.