Yahoo News: Southern California Average Rent Hike to Reach 7.9 Percent in 24 Months April 12,2012

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

A decrease of new construction limits the availability of suitable apartments. The increase in consumer demand encourages an increase in rents. "This is boosting asking rents, reducing or eliminating concessions and filling units," USC professor Tracey Seslen explains... For the full article, see the link below: