Rents in mid 3000/mo.

At least that’s what I was able to figure out from the very few that hit the craigslist.

Rent neutral would be low 600K, maybe mid 600K…
I think we are going to see those soon, in fact some are almost there.

My question is, wouldn’t the rents in this higher end be more influenced by economy and tend to go down along with the prices?