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Xinhua General News Service: Apartment rents fall in Southern California as more tenants get evicted

April 8, 2009

Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted on April 8, 2009 on Xinhua General News Service:

Apartment rents fall in Southern California as more tenants get evicted
Xinhua General News Service

...Apartment rents fell across most of Southern California last year as more tenants were evicted after they lost jobs and were unable to pay their rents, according to a new study released on Wednesday...

..."In Los Angeles County alone, 41,000 people moved out of apartments last year compared to the 29,000 who moved in over the past five years," said Delores Conway, director of the Casden Real Estate Economics Forecast at USC's Lusk Center for Real Estate...

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