My family is too big for that place, I need at least 4 bedrooms. My point is that we’re not as out of whack with fundamendals as people think. With these ultra-low interest rates, unless there’s an economic depression in San Diego, by the summer we might see some sort of stabilization at the low end.
If I had to guess, this guy is sucker fishing. Maybe he has SS appliances and berber carpet and is trying to get a luxery premium.
It’s an apartment complex. Monarch took their second phase of condos and started leasing them. So they have a whole lot of those $2200/month condos.
