[quote=AN][quote=sdrealtor]Truth is I find rental prices do not vary all that much throughout SD County. I see $1 to $1.25/sq ft most places.
I guess there’s a big ownership premium up here cause Everyone Wants to Live Here;)[/quote]
I find that $1-$1.25/sq-ft number only work in the high end if you consider larger (3000+ sq-ft) homes. If you look at smaller houses (~$2000 sq-ft), PPSF goes up to around ~$1.70/sq-ft in areas like CV. So, I think there’s a rent premium for nicer areas too.[/quote]Nope, not even in CV. $1.50 would be pushing it and for that be prepared to go tentantless for a period of time. Sure, suckers are always a possibility, but that would be wishing rent. There’s a wishing rent a block away from me, $1.40/square and it’s been sitting there for going on four months now.
