April 3, 2006
Dave Brooks A recent report from a USC think tank just confirmed what many renters have known for a long time -- it's a landlord's market. Apartment rents are expected to go up 6% in Orange County this year, according to a report from the university's Lusk Center for Real Estate. The increase is linked to a lack of affordable housing and a stall in the construction of new apartments, said Delores Conway, director of Casden Forecast which issued the report.