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OC Register: Forecast: Flat O.C. rents next two years

Submitted by lusk-admin on

Forecast: Flat O.C. rents next two years
OC Register
Posted by Jon Lansner

The Casden Real Estate Economics Forecast, from the folks at USC's business school, predict flat Orange County rents in the next two years -- with occupancy rates barely changing.

That's a bit of a contrast to industry and government reports showing rents slowing increasing in recent months as the local economy modestly improves.

Casden analysis:

* "Stabilized" employment picture from loss of 75,000 jobs in 2009 to gain of 6,500 jobs, in '10.