The zilpy site was very useful. The $1900 rent I mentioned is within the range of rents I see there.
I was under the assumption that the rental market should be cheaper than say, 2 years ago due to lack of potential renters, i.e. those who were alive and breathing managed to become homeowners instead of staying renters except a few cases like me. The lack of demand plus a glut of supplies should have resulted in lower rents.
Both the UT reference and the zilpy.com link contradict my assumption.
Could you let me know why you think rents will not be going down?
