LA’s real estate decline is another red flag — and a reason for change

LA is fading as a destination for real estate investors from abroad. Once a prime choice for international buyers, LA has been declining for six years. It attracts less than 5% of international buyers, compared to over 10% for Miami.

LA is fading as a destination for real estate investors from abroad. Once a prime choice for international buyers, LA has been declining for six years. It attracts less than 5% of international buyers, compared to over 10% for Miami. Hooray! you might say. Less competition for local buyers! But prices in the broad LA...