LA’s real estate decline is another red flag — and a reason for change
Los Angeles is experiencing a decline in international real estate interest, which has been ongoing for six years. This trend poses challenges for the local economy, especially with the upcoming 2028 Olympics. The city is seen as less appealing compared to other markets like Miami, which offers a more favorable environment for investors.
- ▪LA attracts less than 5% of international buyers, while Miami attracts over 10%.
- ▪Prices in the broad LA metro area are still increasing despite a slight decline in LA County.
- ▪International investors are losing interest due to issues like homelessness and high taxes.
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Opinion LA’s real estate decline is another red flag — and a reason for change By CA Post Editorial Board Published June 1, 2026, 10:14 p.m. ET See more of our coverage in your search results. Add The California Post on Google 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 metro area are still going up, even if prices in LA County have declined slightly. A reduced price sign sits in front of a house in Glendale. Getty Images It’s hard to spin a lack of interest among buyers as good news. Not that some won’t try.
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