[quote=gzz]La Jolla Palms now starts at $3240. Up 50% in 19 months.

Zillow’s rent estimates is broken because it can’t keep up.

Tenants getting mere 20% rent increases should be sending gift baskets and hand-written thank u notes.[/quote]

Rent for 1/1 in Mira Mesa is like $2000/month now.

Rent has gone up significantly now, specifically near UTC/La Jolla…because school is now back in person and not remote….
So last year, students could have remained at their parents house taking classes online. This year, many local schools are back in person, so they can’t stay at their parents house and need to rent here.

A relative that rents a 2/2 in UTC that is slightly upscale rents it for $3500/month.

This is what is so funny. DZ thinks that now that people need to return back to office is a bad thing for housing prices…but the irony is that students returning back to campus is definitely bad for rent prices and especially on the UTC area….ouch…lol.