...Here's Conway's take on O.C.:
"The overall outlook for the apartment market in 2008 is somewhat cautious as the region adjusts to employment contractions in the financial services and real estate industries. Health services, leisure and hospitality continue to grow, helping maintain the demand for apartments. Employers in Orange County continue to benefit from an expanding pool of skilled workers and an average monthly rent of $1,550 that is attractive compared to parts of Los Angeles."...