[quote=gzz]The market of people who are good tenants, have 72k a year for rent, and want to stay 12+ months is tiny. Buying makes much more sense.[/quote]
I always thought that, but watching the la jolla market I gotta tell you there are a lot of 6k (or more) a month rentals. In truth, 6k is nothing around here! What shocks me is the number of places around here that rent for more than 15k a month. Just boggles my mind. I mean seriously, who pays 20k or even 30k a month in rent? I don’t know, but it seems people really do pay that.
