Yeah, first and for most don’t trust any stat that comes out of SANDAG. That place is a freakin joke. I work with them and you should listen too the people that work there. They have no clue and are so small town. They don’t know how to use models. They’re such a joke.
Also, I’d think that rents would fall when housing is falling.. If rents go to high and no one can afford a house, what will people do? Move away and out of town. Do rents still go up? Does home values keep going up? I doubt it.
