Tag: rent hike

SoCal Housing Affordability Remains Low, Rents to Hike Through 2023: Reports

November 17, 2021
ArchivedCalifornia Association of Realtorshousing affordabilityinflationLocal NewsNewsRegional NewsRegional-Local Newsrent hikeSouthern CaliforniaUSUSC
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As rent continues to hike and housing affordability remains low in California, capable tenants should consider purchasing a house sooner rather than later, based on the housing affordability index released last week by the California Association of Realtors (CAR). Housing affordability index is the percentage of people who can afford to buy a median-priced, single-family…

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California Housing Affordability Remains Low, Rents to Hike Through 2023: Reports

November 17, 2021
ArchivedCalifornia Association of Realtorshousing affordabilityinflationLocal NewsNewsRegional NewsRegional-Local Newsrent hikeSouthern CaliforniaUSUSC
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As rent continues to hike and housing affordability remains low in California, capable tenants should consider purchasing a house sooner rather than later, based on the housing affordability index released last week by the California Association of Realtors (CAR). Housing affordability index is the percentage of people who can afford to buy a median-priced, single-family…

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USC Report: Big Rent Hikes on Tap Across SoCal

November 9, 2021
ArchivedLocal NewsNewsRegional NewsRegional-Local Newsrent hikeSouthern CaliforniaUSUSC
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LOS ANGELES—Renting an apartment in Southern California is about to get much more expensive. A USC Casden Economics Forecast released on Nov. 9 predicted sharp increases in rent across the region, with Orange County renters seeing an average monthly jump of $410 over the next two years. “COVID-19 caused a large-scale move from central cities to the suburbs that…

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Santa Ana Passes Rent Control Law

October 21, 2021
Local NewsRegional-Local Newsrent controlrent hikeSanta AnaSouthern CaliforniaUS
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The City of Santa Ana became the first in Orange County to pass a rent control ordinance Oct. 19 after weeks of heated council meeting debates. The motion, passing 4-3 shortly before midnight on Tuesday, prevents landlords from raising rent more than 3 percent annually, or 80 percent of the change in the consumer price…

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