Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 9, 2009 edition of Business Week
Los Angeles County rents fall, demand down
Business Week
...Los Angeles County apartment rents decreased by an average of 3.8 percent last year, but things remained more stable in the San Gabriel Valley, according to a report released Wednesday. The USC Casden Real Estate Economic Forecast said the L.A. County market experienced sharp declines in demand in 2008...
..."The rents are lower and many people want to live in the San Gabriel Valley with the types of jobs that are out there," said Delores Conway, director of the USC report. "And the Asian community in the San Gabriel Valley tends to be more stable -- that's part of it..."
April 9, 2009