sdceller, that is about the rent we would plan on paying if we decide not to buy just yet. We figure $1 for ever square foot and we would need at least a 5k sf house to rent an older house RSF. When I lived in Del Mar 10 years ago, my roomate and I paid $4,500/month for an 1,800 sf house on 10th Street (well worth it!).
Yes, as the other folks here have indicated, that is a lot lower than a mortgage, even with a large down.
