[quote=gzz]Tin, those large complexes are overpriced in my opinion. They focus on a younger market, people with bad credit, and people who can’t pay the large security deposit small landlords tend to require.
Here’s a renovated 3/2 house with yard in north clairemont for under 3k.
Might not be that one, but if you can pay 3k and are willing to put some effort into it, you can get a detached house reasonably close to La Jolla.
UC is even closer to La Jolla and sometimes included as part of it. While the prices are high, the lots are usually big and houses big and updated. $3600 4-bed:
$10 says he won’t like the elementary school. And since it’s $3000/month, that leaves out the option to send his kid(s) to a private school. Add $100/month for water bill he will be on the hook for paying himself.
It usually boils down to that when there’s a kid(s) involved.
A lot of parents would rather temporarily live in a smaller place in a better school district than a larger place elsewhere. After all, it’s temporary housing. That’s why Carmel Valley makes a lousy rental markets. Many people that rent in carmel valley don’t stay renters a very long time. They are just passing time to home ownership or deciding whether to stay permanently.