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GlobeSt.com: Will Oil Prices Affect Hospitality or Just Multifamily?

GlobeSt.com: Will Oil Prices Affect Hospitality or Just Multifamily?

By Natalie Dolce. Oil/gasoline prices have risen sharply over the last several months, and with no end in sight to the political turmoil in the Middle East, the upward trend is likely to continue.

May 15, 2012

So says the 2012 Casden Multifamily Forecast from the University of Southern California Lusk Center for Real Estate.

According to the report, California currently has the second-highest gas prices in the nation, at $4.33 per gallon, the national average stands at $3.83 per gallon, up 17% since the start of 2012...

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Link: GlobeSt.com