Great news for apartment owners, according to a recent study done by USC. They are projecting that rents in LA County will be up by 8.3% in 2018 over last year. There are permits for more than 38,000 units on the books, but according to the LA Times story, most of that new supply is on the pricey end.
http://www.latimes.com/business/realestate/la-fi-casden-forecast-20160412-story.html
