April 11, 2012
The annual Casden Multifamily Forecast by the university's Lusk Center for Real Estate showed rents last year rose in 39 of the submarkets the report tracks in the counties of Los Angeles, Orange, San Diego, Riverside and San Bernardino... Tracy Seslen, a USC professor and author of the report, said in a statement that the lack of new apartment construction, fewer homes for rent on the market and employment gains have squeezed the rental market... For the full article, see the link below: