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Los Angeles Faces Economic Headwinds In line with most gateway markets, Los Angeles saw slowing multifamily fundamentals in 2023, with YoY rent growth at 0.2% in September, 60 basis points below the U.S. rate. Supply corrections led to fewer deliveries.
In line with most gateway markets, Los Angeles saw slowing multifamily fundamentals in 2023, with YoY rent growth at 0.2% in September, 60 basis points below the U.S. rate. Supply corrections led to fewer deliveries.
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