"Los Angeles's downtown is far inland: The Ritz is 15 miles from the beach in Santa Monica—a distance that can take an hour or more to drive in bad traffic. "Typically, it's not as desirable to be in the concrete jungle downtown as it is being by the ocean, or near the mountains," says Paul Habibi, a professor of real estate at the University of California, Los Angeles. Skid Row, an area that has one of the largest populations of homeless people in the country, is less than 2 miles from the Ritz. Downtown Los Angeles's gritty, urban roots also mean that it has fewer retail outlets and residential amenities, such as grocery stores..."
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