[quote=barnaby33]Ren, do you really see rents tanking on CL? Part of my problem with CL for sale listings is that since its free, usually the most unrealistic listings are posted there. Why not? Maybe you’ll find that one sucker.
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I’ve been watching Murrieta and Temecula rents on CL for two years, and they are definitely dropping.
When I was looking on CL for a new place to rent myself last year, the owners I dealt with were all posting their actual asking rents, then choosing the renters based on job history and whether they “liked” them (and not so much on credit, since they were getting a lot of people with foreclosures).