20260625 ChatGPT says Palisades home values wouldn't necessarily fall if the supply of housing in LA rose dramatically.rtf 20260625 Increased housing supply could raise values by making LA more attractive.rtf 20260625 The Palisades has ocean views, topography that limits developable land, prestige, large lots, proximity to beaches and recreation - attributes that are relatively fixed (supply) in the market.rtf