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Answering the question requires looking at what’s driving the demand. According to a study by Harvard’s Joint Center for Housing Studies, renter households in the United State increased from 34 million in 2005 to nearly 43 million in 2015. L.A. has a housing shortage of 82,000 units, which helped prompt Mayor Eric Garcetti’s goal to create 100,000 residential units by 2021, with approximately 46,000 of them priced at levels deemed “affordable” for low- or moderate-income individuals and families.

WASHINGTON (June 29, 2016) – The Urban Land Institute (ULI) welcomes new members to the Institute’s global board of directors and new global trustees, all of whom start serving their terms on July 1, 2016.

There has been a significant increase in bank regulations since the last recession and, as a result, the availability of debt is being shifted to non-regulated sources, particularly debt funds, SVP/market manager for PNC Bank’s real estate group Kenya Williams tells GlobeSt.com.

For those of us in Orange County stuck renting, instead of buying, an abode, each year brings clouds of uncertainty as the rental contract expires. For me, in Huntington Beach, since the Great Recession ended I’ve been hit with 5 percent boosts in rent every year.

It’s the price for living in paradise. Or at least what passes for paradise in a state where property rights keep diminishing, meaning the construction of housing supply never keeps up with demand.

Rent prices for all on-campus UC Irvine housing communities are expected to rise during the 2016-17 academic year, reflecting a predicted spike in Orange County housing prices over the next two years. Average rent in Orange County remains more expensive than in Los Angeles, Inland Empire and San Diego Counties. By 2018, only San Diego County will outpace expected rent increases in Orange County, per a USC Real Estate study released last Tuesday.

What's the root cause of Los Angeles’ affordable housing crisis? Many blame the new luxury housing developments springing up in downtown, Hollywood and Koreatown. New apartment towers and "mega-developments" arrive, driving up interest in the neighborhood and attracting hipsters. Landlords take notice and soon rents start climbing. That’s the story anyway.

But here’s the thing: If booming development in hot markets like Hollywood and downtown is why rents keep going up and up and up, why have the same price increases hit locales with extremely limited development?

A new rent forecast released Tuesday predicts Southern California tenants will face continued rent hikes and falling vacancy rates through 2018.

Orange County apartment rents, already the highest in the region, are forecast to rise by at least $149 a month by the end of 2018, up 9.4 percent from 2015 levels, the USC Casden Multifamily Forecast predicts.

Only San Diego County will see a bigger increase in apartment rents during the next 21/2 years. Rents there are projected to grow by $155 a month, or 10.9 percent, the forecast said.

Sky-high apartment rents in Southern California are expected to climb further in coming years, as construction fails to keep up with population and job growth, according to a forecast released Tuesday.

The average rent in Los Angeles County is expected to hit $1,416 a month in 2018, an 8.3% jump from last year, while in Orange County, average rents are likely to rise 9.4% to an average of $1,736, the USC Casden Multifamily Forecast said.

There is a housing crisis in Southern California, but many communities aren't down with one of the solutions: density.

Advocates suggest a range of alternatives, from creating more affordable apartments to increasing rent subsidies.

Many housing experts argue that it's important to embrace density so more homes are created in less space.

But battles have sprung up throughout SoCal over having neighbors living closer together:

The ICSC Foundation, in partnership with the Gap Inc., is offering one admitted applicant to the 2016 Summer Session of the USC Ross Minority Program a $5000 award towards the tuition and preferential consideration for a 2016 paid internship with Gap Inc., at the company's San Francisco Corporate Offices following completion of the course. During this time, the intern will rotate through three functional areas: construction, operations and real estate.