goal of buying in either mission hills or pt loma

[SDEngineer]

The historical relation in San Diego normally quoted between rent and purchase cost is generally somewhere between 150 and 200x rent, with the higher desireability places going for closer to the top. Since 12x annual is pretty close to 150, I think you may be using a “rule of thumb” that is designed more for areas that aren’t “premium” (e.g. Mira Mesa, La Mesa, etc).

Be that as it may, housing prices to rent ratios in San Diego are still significantly out of whack. At the peak of the bubble, I would guess they were up at about 300x rent as a general rule. They’re falling now, but as has been noted all over the blog, they’re falling first from the outlying and inland areas, and the correction is slowly making its way to the coast. It’ll be quite awhile yet before we get back to normal historical ratios. I suspect the Pt. Loma area though will not likely dip too much below 200x rent – it’s very central, and very popular, though not quite as chic an address as La Jolla or Del Mar.

[SD Realtor]

Excellent answers from the above posters and I would agree with all of them. From my view I believe the demand for Pt Loma is stronger then Mission Hills. I think you will find Mission Hills depreciating quicker then Point Loma in the overall race down the hill. Point Loma is super sticky and has more demand overall then Mission Hills and I don’t see that changing.

SD Realtor

[SD Realtor]

Excellent answers from the above posters and I would agree with all of them. From my view I believe the demand for Pt Loma is stronger then Mission Hills. I think you will find Mission Hills depreciating quicker then Point Loma in the overall race down the hill. Point Loma is super sticky and has more demand overall then Mission Hills and I don’t see that changing.

SD Realtor

[SD Realtor]

Excellent answers from the above posters and I would agree with all of them. From my view I believe the demand for Pt Loma is stronger then Mission Hills. I think you will find Mission Hills depreciating quicker then Point Loma in the overall race down the hill. Point Loma is super sticky and has more demand overall then Mission Hills and I don’t see that changing.

SD Realtor

[SD Realtor]

Excellent answers from the above posters and I would agree with all of them. From my view I believe the demand for Pt Loma is stronger then Mission Hills. I think you will find Mission Hills depreciating quicker then Point Loma in the overall race down the hill. Point Loma is super sticky and has more demand overall then Mission Hills and I don’t see that changing.

SD Realtor

[SD Realtor]

Excellent answers from the above posters and I would agree with all of them. From my view I believe the demand for Pt Loma is stronger then Mission Hills. I think you will find Mission Hills depreciating quicker then Point Loma in the overall race down the hill. Point Loma is super sticky and has more demand overall then Mission Hills and I don’t see that changing.

SD Realtor

[mixxalot]

Why is Point Loma so expensive and popular?

I dont get it. I can see Del Mar or La Jolla being popular and expensive. Guess its the same reason why PB and OB are still expensive and not dropping yet.

[mixxalot]

Why is Point Loma so expensive and popular?

I dont get it. I can see Del Mar or La Jolla being popular and expensive. Guess its the same reason why PB and OB are still expensive and not dropping yet.

[mixxalot]

Why is Point Loma so expensive and popular?

I dont get it. I can see Del Mar or La Jolla being popular and expensive. Guess its the same reason why PB and OB are still expensive and not dropping yet.

[mixxalot]

Why is Point Loma so expensive and popular?

I dont get it. I can see Del Mar or La Jolla being popular and expensive. Guess its the same reason why PB and OB are still expensive and not dropping yet.

[mixxalot]

Why is Point Loma so expensive and popular?

I dont get it. I can see Del Mar or La Jolla being popular and expensive. Guess its the same reason why PB and OB are still expensive and not dropping yet.

[pemeliza]

“Why is Point Loma so expensive and popular?”

Best location and best views. Sunset or city take your pick.
Quiet if you have the $$$ to get far enough south.

For god sakes it is a peninsula. The whole place feels
exclusive and isolated yet you are a stones throw
from downtown.

[pemeliza]

“Why is Point Loma so expensive and popular?”

Best location and best views. Sunset or city take your pick.
Quiet if you have the $$$ to get far enough south.

For god sakes it is a peninsula. The whole place feels
exclusive and isolated yet you are a stones throw
from downtown.

[pemeliza]

“Why is Point Loma so expensive and popular?”

Best location and best views. Sunset or city take your pick.
Quiet if you have the $$$ to get far enough south.

For god sakes it is a peninsula. The whole place feels
exclusive and isolated yet you are a stones throw
from downtown.

[pemeliza]

“Why is Point Loma so expensive and popular?”

Best location and best views. Sunset or city take your pick.
Quiet if you have the $$$ to get far enough south.

For god sakes it is a peninsula. The whole place feels
exclusive and isolated yet you are a stones throw
from downtown.

[Author]

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