In both Bakersfield and Los Angeles, average rent rose by a little over $500 since the start of the pandemic. However, because Bakersfield rents were vastly cheaper to begin with, that $500 increase has a much harder impact.
The sudden explosion in inland rent prices can be traced back to the COVID-19 pandemic and, more generally, California's already-existing housing crisis that has long pushed residents to more affordable cities inland and outside of the state.of educated white-collar workers. Many left the state entirely, while others migrated further inland.
Bachaud notes that rent prices saw their largest increases around 2021 driven by"a lot more rental demand, especially in places that had previously been more affordable." Singh explains that in places like the Central Valley,"historically, there has not been as many city-level tenant protections, if any," putting pressure on renters which only grew during the pandemic.
Still, Singh emphasized another perspective, saying that rent control is a"long-term formula for stability."
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