Coronavirus fallout: LA-OC rents up 4%, smallest increase since 2015

The cost of renting in Los Angeles and Orange counties rose at a 4% annual rate in June, the smallest jump since October 2015 as landlords struggle to collect monthly payments in the coronavirus era.
The U.S. Bureau of Labor Statistics’ Consumer Price Index tracks rental costs by polling consumers vs. other measurements from landlord surveys. It showed rent growing at a 5.8% annual clip in June 2019.
These dips are noteworthy as this L.A.-O.C. rent index rose 5.5% in 2019 and 4.6% in 2015-