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MSNBC | Los Angeles: Rents on the Rise Across Southern California

By Melissa Pamer. Looking for an apartment in Southern California? Prepare for a difficult hunt and some steep rent.

April 13, 2012

According to a report released this week by the University of Southern California Lusk Center for Real Estate, rents are on the rise, and they'll continue to go up until 2013.

On top of that, vacancies are low, making finding an affordable place even more difficult.

"It's really tough. The fact is that rents are high, and occupancy rates are high. There's not a lot of vacancy," said Richard Green, director of the Lusk Center.

For the full article, see the link below:

Link: MSNBC