| Like the rest of the country, Marina del Rey is | | | | six thousand housing units, meaning most Marina |
| struggling. Known for its wide appeal and long | | | | Del Rey movers do so alone. Therefore, Marina |
| stretches of coastal property, this quaint city in | | | | Del Rey is a great place to meet new people, |
| California is seeing tourism decline and job | | | | especially if you are a single person looking for a |
| opportunities dry up. But that is good news if you | | | | relationship. In fact, more than half of the city's |
| plant to rent an apartment. Rent now and you will | | | | households are lived in by only one person, and |
| get a lower price. Secure a job or take one with | | | | seventy percent of the households have |
| you. When the recession ends, you will be in an | | | | non-families (or groups of unrelated people) living |
| apartment, while those who did not have the | | | | in them together. The median age is thirty-nine, |
| foresight to move quickly will be searching and | | | | given all the wealth in the area. |
| paying top dollar. | | | | State law requires inclusion of affordable housing |
| First, let's take a look at the geography of Marina | | | | in coastal redevelopment, when deemed |
| Del Ray. The city is slightly southeast of Venice | | | | economically feasible. So far, 413 low-income |
| (home of the famous Venice Beach), and north | | | | apartments have been approved or are planned, |
| of the Playa del Rey (the Beach of the King). It is | | | | said Dusty Crane, spokeswoman for the county's |
| a mere four miles from Los Angeles International | | | | Department of Beaches and Harbors, which runs |
| Airport. Marina Del Rey is bordered on all sides by | | | | the marina. |
| the city of Los Angeles, and makes up a mere | | | | Such units will limit profits for both developers and |
| square mile and a half of the city. There is a large | | | | the county because their rents are capped. Under |
| amount of water nearby, as the Marina Del Rey is | | | | the terms of its leases with marina developers, |
| designed to harbor boats of all kinds, and has a | | | | the county receives 10.5% of all apartment rents |
| peninsula-like shape to it. The marina itself has | | | | there. |
| moorings for pleasure craft and small fishing | | | | That provides the county with about $35 million a |
| boats, and has lots of housing and hotels geared | | | | year from its leases, money it can use to |
| for short-term tourists nearby. Marina Del Rey | | | | supplement healthcare, law enforcement and |
| movers will likely want to find property less near | | | | other services. |
| the beach so that they don't pay the exorbitant | | | | So there you have it, the time is right for moving |
| rates tourists face. | | | | to Marina del Rey. Move now, use an apartment |
| As of 2000, there were roughly eight thousand | | | | rental company, and try to learn as much as |
| people living in Marina Del Rey. There are roughly | | | | possible about the city. It will pay off in the end. |