There are also new student housing build by USCD which
is going to squeeze more juice out of rental market.
I believe there are few hundreds of them with a separate
building for parking garage.
craigslist is full of these new Valentia, Verano, …
adds, here is an example
I believe these 2bd room condos at best worth somewhere
between 250K to 280K, which puts loan interest around
rental price. This was price range set it back to 2002/2003
level. I wonder how long those savvy investors have to
bleed until they realize it’s not worth it.
