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Los Angeles SoftensLos Angeles rents were down 1.1 percent YoY as of December. Economic headwinds and new supply contributed to occupancy softening to 96.1 percent as of November. But construction starts fell 28.3 percent in 2023.
Los Angeles rents were down 1.1 percent YoY as of December. Economic headwinds and new supply contributed to occupancy softening to 96.1 percent as of November. But construction starts fell 28.3 percent in 2023.
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