Silicon Valley tech executives are buying luxury second homes in L.A. at increased rate

I remember having a conversation with Alex Abad at an open house. The jist was better buy now because Tesla, Space X and Silicone Beach execs were moving to El Segundo in droves

Uhh, nope. How many Silicon Beach execs have you met at the local PTA meeting?  Met a ton of execs from SpaceX or Tesla? Me neither. 

Driven down Abbot Kinney in Venice? Driven around Mar Vista? Yes, that’s where the money is going. And as I’ve mentioned before people with real money are going to Manhattan, Redondo and Hermosa. 

Silicon Valley tech executives are buying luxury second homes in L.A. at increased rate

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