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92027_guy.
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March 5, 2009 at 2:55 PM #15231March 5, 2009 at 2:59 PM #360811
macromaniac
ParticipantGuy,
You would think that is the case but some people move in with family/friends/parents and I think a lot of people are getting out of CA similar to the 90’s crash. I have seen rents dropping in La Jolla / UTC area at least 10% with more pressure down….
Does anyone have the numbers on people leaving CA vs coming into CA?
March 5, 2009 at 2:59 PM #361112ParticipantGuy,
You would think that is the case but some people move in with family/friends/parents and I think a lot of people are getting out of CA similar to the 90’s crash. I have seen rents dropping in La Jolla / UTC area at least 10% with more pressure down….
Does anyone have the numbers on people leaving CA vs coming into CA?
March 5, 2009 at 2:59 PM #361253ParticipantGuy,
You would think that is the case but some people move in with family/friends/parents and I think a lot of people are getting out of CA similar to the 90’s crash. I have seen rents dropping in La Jolla / UTC area at least 10% with more pressure down….
Does anyone have the numbers on people leaving CA vs coming into CA?
March 5, 2009 at 2:59 PM #361294ParticipantGuy,
You would think that is the case but some people move in with family/friends/parents and I think a lot of people are getting out of CA similar to the 90’s crash. I have seen rents dropping in La Jolla / UTC area at least 10% with more pressure down….
Does anyone have the numbers on people leaving CA vs coming into CA?
March 5, 2009 at 2:59 PM #361402ParticipantGuy,
You would think that is the case but some people move in with family/friends/parents and I think a lot of people are getting out of CA similar to the 90’s crash. I have seen rents dropping in La Jolla / UTC area at least 10% with more pressure down….
Does anyone have the numbers on people leaving CA vs coming into CA?
March 5, 2009 at 4:08 PM #3608364plexowner
Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
March 5, 2009 at 4:08 PM #361137Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
March 5, 2009 at 4:08 PM #361278Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
March 5, 2009 at 4:08 PM #361319Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
March 5, 2009 at 4:08 PM #361427Participantquickest check of moving in vs moving out IMO is www. uhaul.com
10′ truck from san diego to dallas is $1102
same truck from dallas to san diego is $595
when people are coming to san diego instead of leaving, this ratio of prices will change
~
last time I mentioned this quick check at least one poster said I was full of poo-poo
note to that poster: prices have continued to drop and people continue to leave san diego faster than they are moving in
March 5, 2009 at 4:15 PM #360851Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
March 5, 2009 at 4:15 PM #361151Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
March 5, 2009 at 4:15 PM #361293Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
March 5, 2009 at 4:15 PM #361334Participant“Aren’t there more people who are losing their house(in Sandiego), and HAVE to rent because they now can’t qualify/afford a new house then are people who are moving from renters to owners?”
every house that is ‘lost’ becomes one more vacant house to be sold or rented
there could be a time lag between the ‘loss’ and the property becoming a rental (foreclosure / REO process)
as stated by another poster, when the economy contracts people move back in with their family, the kids don’t move out, people double up in apartments, etc – ie, population per housing unit increases – this means fewer housing units are needed which means more surplus housing units which means rents and housing prices continue in their downward spiral
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