Posts by Shane

Los Angeles Housing Supply Must Grow, Quickly, to Keep Prices Under Control

Posted by on Oct 27, 2014 in Blog | 0 comments

Los Angeles Housing Supply Must Grow, Quickly, to Keep Prices Under Control

Earlier this month the USC Lusk Center for Real Estate released the 2014 Casden Multifamily Report, an overview of housing trends in Southern California and a forecast for vacancies and rent increases over the next few years. The major takeaway for both Los Angeles and Orange County is that, despite what feels like a construction boom over the last several years, we’re still not building nearly enough to meet the demand for housing in the region, and rents are projected to continue their upward trajectory as vacancies fall even further. The report notes that more than 7,500 multifamily...

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