Pej Barlavi has achieved significant success in both residential and commercial sales. He is very knowledgeable about the US housing market and trends in real estate. We discussed the challenges being faced in the Los Angeles real estate market due to the severe five year drought being faced today. Desalinisation is part of the solution is certainly part of the solution that needs to be pursued. Real estate markets on the coasts are continuing to appreciate substantially on the coasts. Pej thinks the trend will continue until interest rates start to rise.
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