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 at 10News.com:
SD County Rent Prices Up 1 Percent in '08
10News.com
...Rents fell across much of Southern California in 2008, but San Diego County was an exception, USC researchers said in a forecast released Wednesday.
"In L.A. 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.
"The dramatic changes in the economy are taking their toll on landlords, who are lowering rents or giving concessions just to keep their units occupied," she said.