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Updated about 9 years ago,
LA rents double inflation for 2015-Van Nuys up 15% with 1.7% vac
Insane right but when you unpack the numbers it makes sense. Take the Valley for instance with 1.8 mil residents...they built only 980 rental units. I have heard LA lagged behind SF, outside of an earthquake or disaster, we could still see way more rent growth coming or?
Thoughts?