April 7, 2010
USC sees O.C. rents falling 4% more
Orange County Register
By Jonathan Lansner
... It will remain a renters' market if USC's Casden Multifamily Market Forecast is correct about what's next for local apartments ...
... USC professor Tracey Seslen, co-author of this forecast, says Southern California's apartment will be "shaped by jobs, housing prices, the 'shadow' market of rental homes and condos, and new construction ... Overall, Southern California will not see sustained increases in rents until the greater economic health of the region improves."...