LGBTQ-centric neighborhoods offer home price premiums
The “gayborhood premium” means a pot of gold at the end of the real estate rainbow in LGBTQ neighborhoods. But the price appreciation for some comes at a cost for others.
West Hollywood, home of the annual Los Angeles Pride Parade, is third in the state in the number of same-sex couples per 1,000 households. (DAVID MCNEW/AFP/Getty Images)
A 2019 city of West Hollywood survey found that 43% of residents identified as being LGBTQ, with 33% identifying as gay males. (Mel Melcon/Los Angeles Times)
Palm Springs has the highest percentage of same-sex couples in California, according to an analysis of U.S. census data by the Williams Institute at the UCLA School of Law. (Ricardo DeAratanha/Los Angeles Times)
One of the best-known enclaves, San Francisco’s Castro neighborhood, now carries a 30.6% “gayborhood premium.” (Wally Skalij/Los Angeles Times)
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The “gayborhood premium” means a pot of gold at the end of the real estate rainbow in LGBTQ neighborhoods. But the price appreciation for some comes at a cost for others. (Mel Melcon/Los Angeles Times)