The Business Forecasting Center recently published a brief report on the rental housing market in San Joaquin County. Despite the collapse in home prices that has made purchasing homes very affordable, we found rental housing in the area is still quite expensive and hard to find.
I am pleased that the report has sparked a local discussion of an important issue that isn't getting enough attention in this crazy housing market. See these articles from the Stockton Record Sunday and today.
Reed Fuji: High Rents Tied to Building Choices
Michael Fitzgerald: More Could, Should be Done to Revive S.J. Rental Sector.