‘Explosive growth’ leads to record-high rents for Southern California apartments

‘Explosive growth’ leads to record-high rents for Southern California apartments

Southern California apartment shoppers are still struggling to find an affordable place to rent, with few units available and rent hikes in the double digits across the region, new apartment figures show. During the first quarter of 2022, vacancy rates in the region lingered near two-decade lows, giving landlords an opportunity to boost their asking …

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