The Resi Rundown: Projections for LA’s Housing Market in a Crisis-Induced Recession

Prior to coronavirus, the USC Casden Multifamily Forecast predicted the average apartment dweller in Southern California would pay at least $100 more per month for rent by end of 2021. Now, as the market shifts to respond to the realities brought on by the coronavirus outbreak and ensuing recession, new reports are already showing a decline in rental rates.