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Home › Forums › Housing › Merge 56 › I have a prediction folks.

August 25, 2014 at 8:32 AM #777631
Coronita
Participant

I have a prediction folks.

You know the two big new apartment complexes being built in Carmel Valley right over Vista Sorrento Parkway?

I think they are going to be hurting for tenants…bigtime…

I’d give maybe 2 years before they decide to convert them to owner occupied attached homes….

http://www.apartmentguide.com/apartments/California/San-Diego/Ocean-Air/100020971/

$2400-2800/month for a 1bedroom.. Lol… Good luck with that one… That’s almost the same amount of my 15 year mortgage on a SFH in CarmelV.