Rent hikes expected to slow March 30,2006

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

Leslie Berkman The surge of new apartments in Riverside and San Bernardino counties is driven by the region's job and population growth and the rising cost of home-ownership, said Delores Conway, director of USC's annual Casden Real Estate Economics Forecast. Conway said slow and steady economic gains throughout Southern California will continue to push up apartment rents and occupancy rates, both currently among the nation's highest.