It seems to me that most folks on this thread agree with the notion of comparing rent to own with perhaps some premium is the best fundamental measure. The only differences are in the details. The problem is that the assumptions for premium people are willing to pay vary by as much as 40%. Here’s my $0.02.have been true for sdrealtor’s areas, I don’t think a 20% premium to own versus rent is an accurate description of the previous bottom in most areas. For older bread-and-butter rental areas such as Clairemont this premium dropped to nearly zero or 5% (depending on down payment). Don’t know what will happen this time, but I’m guessing that rent vs own numbers will nearly come in line for older central SD neighborhoods.
