
Housing Equality for all Americans is Long Overdue
Government official and lenders will have to look beyond public and private policy to increase minority homeownership.
ACCORDING TO THE LOS ANGELES-BASED University of Southern California Lusk Center for Real Estate's Casden Real Estate Economics Forecast, average asking rents and occupancy rates in Southern California's multifamily markets will continue to improve at a steady pace with average rent increases ranging from 3.5 percent to almost 6 percent in 2005.
"The new supply of apartments has not kept up with demand from newcomers attracted to jobs in our diverse economy and the Southern California lifestyle," said Delores Conway, director of the Casden Forecast
Inland Empire Growth May Slow by 2007
University forecast shows slowdown in construction, jobs and taxable sales, but outlook still positive
Los Angeles Times
San Francisco Chronicle
LOS ANGELES — The county Board of Supervisors on Tuesday approved a controversial lease agreement with a local developer that paves the way for the construction of a multimillion dollar county office building on property left unattended since the 1992 riots.
Gary Painter, the director of research for the USC Lusk Center for Real Estate, said considering the property has been left vacant for more than 10 years, any proposed development is most likely going to be a positive one.