The Los Angeles apartment market saw supply levels hit a multi-decade high at the end of the 2020. Current construction remains substantial, with deliveries in 2021 set to double what was seen last year. Performance metrics are still well off what was seen pre-pandemic, and improved demand alone might not get the metro moving in the right directions. Looking at the major factors that could influence results over the next few years, questions remain on how long it will take Los Angeles fundamentals to return to normal levels.
Join RealPage analysts for an examination of what’s shaping the apartment sector performance in Los Angeles and what’s likely to happen over the near term.
Discussion topics include:
- Affordability challenges in very expensive markets
- Strengths and weaknesses in the local economy
- Los Angeles construction trends and investment activity
- Neighborhood-level performance variation
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Adam Couch
Market Analyst, RealPage, Inc.Adam Couch is a Market Analyst and has extensive experience in researching economic and demographic trends that support clients in their investment decisions. Adam has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining RealPage, Adam worked at Fannie Mae advising leadership on risk management for current pricing and acquisitions.
