Funny but my rent has stayed almost same for last 3.5 years.
I moved to San Diego in end of 2003. My rent in Point Loma was
$1100 per month for a nice bedroom near the beach. I just renewed my lease for another 15 months at very slight increase in rent to $1200 per month. Considering that my rent only increased by $100 over 3.5 years is not bad. Real estate is still way overpriced compared to rents here in San Diego.
No way in hades would I pay 4k per month for a 1-2 bedroom shack condo. I am waiting for the bubble to continue its slow leak.
