[quote=asianautica]
San Diego, I think, is a long way from <50%*rent, if it ever get there. However, places like Fresno is already there.[/quote]
I seriously doubt we will see that kind of figure for single family homes in any reasonable middle class neighborhood in San Diego. It has not happened at any time in the past 40 years. For apartment buildings and condos in marginal areas I would expect to see these kinds of situations develop. Also might happen in the barrio for SFRs.
