California News Southern California

SoCal Rent To Keep Rising Over The Next Two Years

Daily Bulletin-

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.

The annual forecast, produced by the University of Southern California’s Lusk Center for Real Estate in conjunction with Beacon Economics, also determined that low-wage earners are not the only ones facing an affordable housing crisis.

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