[quote=bearishgurl][quote=flu]BG, why would I say something that isn’t true…You see, I’m no longer just sitting in an office theorizing this stuff. I’ve been poking around in RB and MM for time. And yes, 1 bdrm in Mira Mesa is around $1200 for a decent place. …[/quote]
And herein lies the rub, flu. “Decent” means different things to different people. Those 1/1, 1 gar apts in Chula Vista for $850 – $900 are “court apts” on a busline built in the 50’s.
MM doesn’t have anything like that.
If a CV tenant wants “newish,” they can rent near Sharp CV Hospital or Otay Ranch for $1250 to $1500 for a 1 bdrm unit with a carport.
I don’t think CV rents are any cheaper (even though there are not nearly as many good jobs in Eastlake/Otay Mesa as in Sorrento Mesa/Valley). It too, is a very desirable place to live.[/quote]
BG, why don’t you get out of the office, and go to mira mesa and find me a 1 bedroom apartment under 1100/month, and I’ll show you that it is either a dump that is barely liveable or something equivalent.
You can choose to sit at your desk and speculate what you *think* should be. But I (as well as others) are telling you it couldn’t be further from the truth…
I’m out there in the market right now, because I want to make more money… It’s as simple as that. And MM can cash flow now, with these interest rates and with these rental rates, it’s doable.
