November 13, 2012
According to the 2012 Casden Multifamily Forecast from the USC Lusk Center for Real Estate, the strong Downtown-area rental market is expected to see rent increases this year.
"A sharp drop in new construction, the dwindling supply of shadow-market units, and improvements in the macro-economy have strengthened fundamentals on both the supply and demand side," Casden Forecast author Tracey Seslen said in the April report.
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