Rent getting more expensive for Inland Empire apartments

The annual USC Casden Multifamily Forecast released this week noted the unemployment rate for the Inland area is the lowest in eight years, with growth in transportation and logistics accounting for nearly one-quarter of the area’s new jobs in 2014. Job and population increases over the next two years, the forecast said, will push up rents “along with home sales and prices as Southern California residents once again turn to the region for more affordable housing options.”

In an interview with The Press Enterprise, Raphael Bostic said, “The implication is that we are going to need a different mix of housing that we have had in the past, and to think about how we deliver that mix and make sure everyone can live comfortably in the Inland Empire.”