I was definitely not implying to buy now. I agree with you, hold off as long as you can to let the decline run the course. In general I would agree with the posters about Tierra Santa and Scripps. Scripps is a bit more high end then Tierra Santa and the homes are larger and have bigger lots. Don’t get me wrong as I am not knocking Tierra Santa at all. My wife and I, kids, mom in law, dogs, cats and turtles all rent a 4/3 home in Scripps with a very big backyard but it is 2500 a month. Not cheap. You could probably rent for less in Tierra Santa but maybe not get as large of a home with as large as a yard. Again, not to be snobbish but if you are going to rent in Clairemont or Serra Mesa I would be very selective. Those neighborhoods can vary and have nice and not so nice pockets. You may end up next to many nice families and you may end up next door to a bunch of tenants like yourself but may not be a nice family with kids. If you can, University City is higher end then Clairemont and not far from where you work. Also Bayview is bit higher end but the rents go up there as well. You could even go as far north as Carmel Valley but rents are a bit steeper there as well.
Anyways as you get closer to coming out let us know. Definitely plenty of places for you to choose from.