How much is your rent? How big is the place? The bigger it is, the closer you get to $1/sq-ft, especially in PQ. I’ve been looking recently, and just found a place in Sorrento Valley. It came out to $1.30/sq-ft for a 1610sq-ft townhouse. Right now, there’s a 1650sq-ft house in Mira Mesa, it’s going for $1950. The house is pretty new. So bottom line is, do your research and compare. If it turns out you’re paying more than fair market, then you can just move, else just accept the 8% incrase.
