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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Entrepreneurs love being around other entrepreneurs, and thats driving demand toward the beach," says Mr. Miller. says Mark Suster, a venture capitalist who started leasing in Pacific Palisades two years ago. Rents have increased by just 2% across Los Angeles over the same time period, he says. clients, brokers say.