Home › Forums › Housing › What’s an acceptable price-rent ratio in San Diego? › Even in Mira Mesa (definitely
Even in Mira Mesa (definitely not high end), the ratio seems to be over 200.
Ratio: 217 $1860 rent [craigslist] http://sandiego.craigslist.org/csd/ap/1177483541.html $404,500 price[zillow] http://www.zillow.com/homedetails/11559-Polaris-Dr-San-Diego-CA-92126/16819385_zpid/
Ratio: 211 $1900 rent [craigslist] http://sandiego.craigslist.org/csd/apa/1177473494.html price[zillow] $401,500 price [zillow] http://www.zillow.com/homedetails/7462-Dancy-Rd-San-Diego-CA-92126/16834149_zpid/
And I thought the real estate bubble had burst in the non-high-end areas such as mira mesa. How come we’re not seeing ratios in the more reasonable 150 range?
