Downtown: A Great Place To Work, Not To Live
"On top of this, more recent data indicate an emerging weakness in downtown residential property, including such "hot" markets as downtown San Diego, London and Sydney. In Los Angeles, according to DataQuick Information Systems' most recent numbers, values in some areas have risen steeply, but those in many others have either dropped over the last year or climbed only modestly. Downtown L.A., for the most part, is not performing better than other areas of the Southland."
Thanks to Brenda Meyer