Amid a ‘rent-burden crisis,’ will tenants vote yes on Prop. 10, expanding rent control?
By Jeff Collins
With a major rent control vote just 2½ weeks away, financially strapped Southern California renters face continued rent hikes into the foreseeable future, a new forecast shows. The region, said one expert, is in the grip of a “rent-burden crisis.”
Real Estate & Development
Brandon Richardson, Senior Writer
Aquarium’s New Wing, Pacific Visions, Celebrates Completion Of Exterior Glass Facade Installation
Amid a ‘rent-burden crisis,’ will tenants vote yes on Prop. 10, expanding rent control?
By Jeff Collins
USC report: Average LA rents will go up $91 by 2020
“What we find is depressing”
By Elijah Chiland
The average Los Angeles renter will spend a little over $90 more per month on housing in 2020 than in 2018, according to a new report from USC’s Lusk Center for Real Estate.
SoCal rental households face affordability crisis
The 2018 University of Southern California Casden Economics Forecast leaves little doubt that the affordable housing crisis is not exclusive to low-income households.
Watch where you park + New California law could help former senator
By Bryan Anderson and Alexei Koseff
DMV CRACKS DOWN ON HANDICAP PARKING ABUSERS
California needs public infrastructure, but not a bullet train
By Dana Goldman and Richard Green
One of the legacies of the Brown family is its willingness to invest California’s money in the future. Pat Brown built the State Water Project and poured money into a national model for public higher education.
New Report Forecasts Rent Increases Through 2020
Average rents are expected to increase $91 in Los Angeles County by 2020, according to the University of Southern California (USC) Casden Economics Forecast released today by the USC Lusk Center for Real Estate, in partnership with Beacon Economics. The report estimates average rents will increase to $2,358, up from $2,267 this year, while the vacancy rate of rental units will increase from 3.95% to 4.31%.
Southern California to see smaller rent hikes over the next two years, forecast says
By Jeff Collins
Southern California rents will keep rising over the next two years, but at a slower pace as vacancy rates rise slightly in Los Angeles and Orange Counties, according to USC’s Casden Multifamily Forecast released Wednesday, Oct. 17.