There are deals starting to creep up. Here’s one example: MLS# 066087578. It’s already in escrow. It’s a 1700sq-ft house w/ small lot in Mira Mesa. That size house can probably be around $2000-$2100/month in rent depending on the time of year the lease is signed. It was listing @ $400-$475k. They got 2 offers, one for $440k and one for $450k. They countered w/ $475k. I don’t know what’s the final price is. But let assume that it’s $475k. If you take out a 30 year fixed @ 5.5% (assuming great credit), you’re looking at monthly interest of around $2200 + $100 in HOA. That’s $2300/month. That’s getting pretty close to the cost in rent. I’m sure next year, we’ll be seeing more and more deals like these pop up.