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Los Angeles
Los Angeles is considered to have an elevated bubble risk and is ranked No.
4 globally for the highest bubble risk.
Los Angeles bubble risk is not due to rising house prices, but to comparatively low rent prices.
In Los Angeles, real housing prices have barely increased since mid-2023, the report states.
Consequently, rents have not kept pace with consumer prices.
Boston
Boston has a moderate bubble risk; its ranked No.
However, the local economy has been struggling recently, which could see a change in this trend.
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