I kept thinking the next year it would spike but it has only been very gradual increases throughout the years.

Security deposits seem to be the Achilles heel for some reason. 

Rough heels from wearing sandals really do a number.

They spiked and likely corrected.  

So it was closer to the late 1940s where there is a transitory spike in inflation.

If/when I go home to visit it would be awesome to grab coffee and pick your brain.P.S GO Tar Heels !

But they could dig their heels in and ask for $50K. 

In San Diego, leases over one year is very rare because rents spike regularly.  

When there's a long history of slow growth followed by a major spike over a short period of time, I suspect we'll see a major drop in a short period of time as property values return to "normal" levels.

The addition of new inventory comes at the heels of 5,500 hotel rooms being added in the past three years.The robust hotel investment appetite in Los Angeles continued early this year but stalled thereafter.