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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

Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. Rents have increased by just 2% across Los Angeles over the same time period, he says. Entrepreneurs love being around other entrepreneurs, and thats driving demand toward the beach," says Mr. Miller. clients, brokers say.