[quote=peterb]I just did a quick scan of 3 bedroom homes for rent in Temecula for $2000 and under on Craiglist. There were 443 of them available. I did the same thing for the city of SD. SD had 645 of them. SD has 1.1M people and is an employment center. What is Temecula’s population and employment capabilities? Does it warrent being 2/3 of the city of SD?
I dont know, just asking. Seems high to me. But I dont honestly know. Maybe Temecula is just a lot cheaper place to live? Probably. For people who live there, does 443 sound like a lot?[/quote]
While I agree with most of your points, I don’t agree with the number here. You have a flawed research method in your study.
First, the absolute total number, everybody knows that some people posted very frequently on craigslist for the same property because it doesn’t cost them anything to post a new one. As a result, I bet there’re tons of duplicates in the listings that you mentioned. The Temecula city has over 20K housing unit, and 8K rental units. So the number is definitely not surprisingly high.
Second, the comparison between TV and SD, you do know that Temecula valley is a cheaper place to live, do you? By limiting the price to $2K, you are distorting the experiment. I bet if you try it in Irvine, you will find even less 3B houses renting for less than $2K, what does it prove? Your research method doesn’t prove that TV has more vacant properties, only it has more cheaper rentals.
