Delores Conway, Director, USC Casden Real Estate Economics Forecast, is quoted April 8, 2009 in the California Real Estate Journal:
California Real Estate Journal
...Apartment rents in Southern California will continue falling as a result of tenants doubling up with friends and family or purchasing their own homes, according to a study by the Casden Real Estate Economics Forecast at the University of Southern California's Lusk Center for Real Estate.
Landlords are significantly lowering rents and giving concessions to keep their units occupied, said Delores Conway, director of the Casden Forecast...
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