[quote=livinincali][quote=joec]
All I can say as a data point is all the houses near my hood now are > 4k/month rent in stucco 4S McMansion hood and my mortgage even though I am stuck with a higher rate will soon be close to 2k month without tax calculations/benefits (still have prop tax though).
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I honestly don’t understand people renting a 4K a month property unless it’s intended to be a temporary thing. I think those kind of markets are a pretty poor gauge of the rental market.[/quote]
Some people want to live a good area, and don’t have a down payment.
