[quote=flu][quote=sdrealtor]Thats the going rent for a newer home in the South Carlsbad/Encinitas area for 4BR and 3000 sq ft plus. IFIRC Matt is in LC Oaks and could be charging below market now. I’ve seen rents up to $6000 there and most of the homes with at least 4,000 sq ft are starting around $4500.[/quote]
Maybe it’s just me.. But it seems like spending $4000/month on rent….means time to buy,even if it means buying a crapier location… I mean, we’re talking $50k a year in rent….Ouch..But then again, maybe for some people $50k a year is pocket change, and the sad realization that I’m still poor because I think it’s a lot of money to be paying for rent.[/quote]
If you think you’re only going to be in the region for a year – why would you buy. Hard to make up the transaction costs.