California Real Estate Journal June 06,2005

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

The University of Southern California Lusk Center doesn't forecast a slowdown infiltrating the Inland Empire market for at least two years. A strong trade sector, cheap land and a steady flow of new businesses should absorb the 6,000 new apartments under construction, according to the 2005 Casden Forecast.

"We saw job growth in the Inland Empire pick up in the 1990s and right through this decade it has been an engine of growth," said Delores Conway, director of the Casden Real Estate Economics Forecastcolor>. "This is what we are envisioning - steady, measured positive job growth."