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No help since you couldn't pay me to live there (well you could, but it would be a hell of a lot more than anybody would) but almost everybody I know down there either lives in the 'burbs or a shoebox (and most both).
My vote would be to go back to New York (and giving that vote its due consideration LA should now be winning by 79.9999999999999999999999%).
Ok, one piece of advice. Look for work and then a place to live. The second is easier to find in convenience to the first than the other way around.
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