Last week we wrote about how Los Angeles isn’t building nearly enough housing to keep prices under control. Apparently, someone’s listening. At the LA Business Council’s annual Housing, Transportation, and Jobs Summit this last Wednesday, Mayor Garcetti announced his goal to build 100,000 new housing units in the city by 2021, noting that the city […]
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 […]