Apartment rents level off; more cuts likely ahead

Southern California tenants, long burdened by steadily rising rents, may get a breather as apartment rates show signs of leveling off and vacancies increase.
While rents continue to go up, the pace of increases shrank during the first three months of the year, according to data from four top apartment trackers.
And that began before the full impact of the coronavirus outbreak hit the market. Some landlords and analysts say the pandemic will weaken the rental market further as tenants losing