South Bay Digs • July 23, 2021

ON THE COVER a classic California estate with prime ocean views updated for modern resort living presented by Chris Adlam of Vista Sotheby’s International Realty. In this edition of South Bay DIGS Magazine discover Los Angeles luxury homes and celebrity homes for sale and top agents that represent them.

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South Bay Digs • May 24, 2013

Since we tend to always focus on what the local real estate numbers are telling us about local market conditions, I thought I would share some “big picture” economic numbers that you may find interesting. Housing contributes to Gross Domestic Product (GDP) in two ways: private residential investment and consumption spending on housing services. Historically, residential investment has averaged roughly 5% of GDP while housing services have averaged between 12%-13%, for a combined 17%-18% of GDP!