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Barring any black swan event(s), the near-term outlook for lodging remains very positive. Domestic and foreign investment, and institutional capital continue to be deployed into single assets and portfolios of all types and locations of US hotels.
Apartment rents in San Diego increased 4.9% in the month of July, fueled by strong demand, compared to the national average of 2.8% apartment rent growth.
The market has added 12,650 tech jobs in the last five years and with a tech job base that makes up 4% of total employment, the market is now ranked #15 for tech jobs.