In the News

Curbed Los Angeles: USC report: Average LA rents will go up $91 by 2020 “What we find is depressing”

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USC report: Average LA rents will go up $91 by 2020

“What we find is depressing”

By Elijah Chiland

 

The average Los Angeles renter will spend a little over $90 more per month on housing in 2020 than in 2018, according to a new report from USC’s Lusk Center for Real Estate.

The Sacramento Bee: California needs public infrastructure, but not a bullet train

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California needs public infrastructure, but not a bullet train

By Dana Goldman and Richard Green

 

One of the legacies of the Brown family is its willingness to invest California’s money in the future. Pat Brown built the State Water Project and poured money into a national model for public higher education.

BizBrief: Today’s News To Know

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New Report Forecasts Rent Increases Through 2020

Average rents are expected to increase $91 in Los Angeles County by 2020, according to the University of Southern California (USC) Casden Economics Forecast released today by the USC Lusk Center for Real Estate, in partnership with Beacon Economics. The report estimates average rents will increase to $2,358, up from $2,267 this year, while the vacancy rate of rental units will increase from 3.95% to 4.31%.

The Orange County Register: Southern California to see smaller rent hikes over the next two years, forecast says

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Southern California to see smaller rent hikes over the next two years, forecast says

By Jeff Collins

 

Southern California rents will keep rising over the next two years, but at a slower pace as vacancy rates rise slightly in Los Angeles and Orange Counties, according to USC’s Casden Multifamily Forecast released Wednesday, Oct. 17.

Urban Land Institute: Rent Control: What does it mean to the California economy?

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Rent Control: What does it mean to the California economy?

The continued shortage of housing in our state has fueled a steady increase in rent over the past several years, which hits hard particularly or lower income residents. This had created political pressure to address the housing affordability issue and as a result, rent control has emerged as a public policy issue in California.

Learn the impact this will have for the real estate industry and the California economy as a while if this passes in November.