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  • March 12, 2011 at 12:37 PM #677535
    bearishgurl
    Participant

    [quote=UCGal] . . . The occupancy data for 2010 is here

    http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=DEC_10_PL_H1&prodType=table
    [/quote]

    From this table, I just discovered that CA overall has an 8.0% occupancy rate and VA overall has a 9.2% occupancy rate.

    March 14, 2011 at 1:59 PM #676857
    Eugene
    Participant

    San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.

    March 14, 2011 at 1:59 PM #676800
    Eugene
    Participant

    San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.

    March 14, 2011 at 1:59 PM #677468
    Eugene
    Participant

    San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.

    March 14, 2011 at 1:59 PM #677949
    Eugene
    Participant

    San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.

    March 14, 2011 at 1:59 PM #677606
    Eugene
    Participant

    San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.

    March 14, 2011 at 2:20 PM #676867
    bearishgurl
    Participant

    [quote=Eugene]San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.[/quote]

    Thanks for the info, Eugene. This is good to know. I meant to state, “vacancy rate,” not “occupancy rate” in my post below, lol.

    There has been recent discussion on this board about buying rentals outside of the county to increase cash flow.

    see: http://piggington.com/purchasing_rental_property

    I’m not sure that this is such great advice given the wildly fluctuating vacancy rates in areas which don’t have a captive and often more affluent rental audience as SD County does. In addition, a property manager often has to be paid 6% to 12% of the rental income if you, as a landlord cannot manage the unit/SFR from afar.

    I think most areas of SD County win a lot of “grass is greener” arguments in this respect in spite of a possibly higher initial purchase price for the potential rental property.

    Certainly, in Arlington, VA, when all these vacant units end up absorbed into the rental market, this will drive the rents down there for years to come.

    March 14, 2011 at 2:20 PM #677959
    bearishgurl
    Participant

    [quote=Eugene]San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.[/quote]

    Thanks for the info, Eugene. This is good to know. I meant to state, “vacancy rate,” not “occupancy rate” in my post below, lol.

    There has been recent discussion on this board about buying rentals outside of the county to increase cash flow.

    see: http://piggington.com/purchasing_rental_property

    I’m not sure that this is such great advice given the wildly fluctuating vacancy rates in areas which don’t have a captive and often more affluent rental audience as SD County does. In addition, a property manager often has to be paid 6% to 12% of the rental income if you, as a landlord cannot manage the unit/SFR from afar.

    I think most areas of SD County win a lot of “grass is greener” arguments in this respect in spite of a possibly higher initial purchase price for the potential rental property.

    Certainly, in Arlington, VA, when all these vacant units end up absorbed into the rental market, this will drive the rents down there for years to come.

    March 14, 2011 at 2:20 PM #677616
    bearishgurl
    Participant

    [quote=Eugene]San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.[/quote]

    Thanks for the info, Eugene. This is good to know. I meant to state, “vacancy rate,” not “occupancy rate” in my post below, lol.

    There has been recent discussion on this board about buying rentals outside of the county to increase cash flow.

    see: http://piggington.com/purchasing_rental_property

    I’m not sure that this is such great advice given the wildly fluctuating vacancy rates in areas which don’t have a captive and often more affluent rental audience as SD County does. In addition, a property manager often has to be paid 6% to 12% of the rental income if you, as a landlord cannot manage the unit/SFR from afar.

    I think most areas of SD County win a lot of “grass is greener” arguments in this respect in spite of a possibly higher initial purchase price for the potential rental property.

    Certainly, in Arlington, VA, when all these vacant units end up absorbed into the rental market, this will drive the rents down there for years to come.

    March 14, 2011 at 2:20 PM #677478
    bearishgurl
    Participant

    [quote=Eugene]San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.[/quote]

    Thanks for the info, Eugene. This is good to know. I meant to state, “vacancy rate,” not “occupancy rate” in my post below, lol.

    There has been recent discussion on this board about buying rentals outside of the county to increase cash flow.

    see: http://piggington.com/purchasing_rental_property

    I’m not sure that this is such great advice given the wildly fluctuating vacancy rates in areas which don’t have a captive and often more affluent rental audience as SD County does. In addition, a property manager often has to be paid 6% to 12% of the rental income if you, as a landlord cannot manage the unit/SFR from afar.

    I think most areas of SD County win a lot of “grass is greener” arguments in this respect in spite of a possibly higher initial purchase price for the potential rental property.

    Certainly, in Arlington, VA, when all these vacant units end up absorbed into the rental market, this will drive the rents down there for years to come.

    March 14, 2011 at 2:20 PM #676810
    bearishgurl
    Participant

    [quote=Eugene]San Diego County has a 6.7% overall vacancy rate. There are many census tracts with vacancy rates above 20%. In the census tract 183 (Oceanside waterfront), the vacancy rate is staggering 53%. In the census tract 210 (Borrego Springs), it’s 45%.

    On the other hand, the vacancy rate in University City south of the railroad is 3.7%.[/quote]

    Thanks for the info, Eugene. This is good to know. I meant to state, “vacancy rate,” not “occupancy rate” in my post below, lol.

    There has been recent discussion on this board about buying rentals outside of the county to increase cash flow.

    see: http://piggington.com/purchasing_rental_property

    I’m not sure that this is such great advice given the wildly fluctuating vacancy rates in areas which don’t have a captive and often more affluent rental audience as SD County does. In addition, a property manager often has to be paid 6% to 12% of the rental income if you, as a landlord cannot manage the unit/SFR from afar.

    I think most areas of SD County win a lot of “grass is greener” arguments in this respect in spite of a possibly higher initial purchase price for the potential rental property.

    Certainly, in Arlington, VA, when all these vacant units end up absorbed into the rental market, this will drive the rents down there for years to come.

    April 8, 2011 at 9:03 AM #684782
    patb
    Participant

    [quote=UCGal]I couldn’t find a simple comparison between 2000 and 2010.

    the data from the census, for San Diego, is here
    http://factfinder2.census.gov/faces/nav/jsf/pages/searchresults.xhtml#none

    The occupancy data for 2010 is here
    http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=DEC_10_PL_H1&prodType=table%5B/quote%5D

    Here’s a 5 year table
    http://www.census.gov/hhes/www/housing/hvs/rates/files/tab4_msa_05_10_rvr.xls

    April 8, 2011 at 9:03 AM #684831
    patb
    Participant

    [quote=UCGal]I couldn’t find a simple comparison between 2000 and 2010.

    the data from the census, for San Diego, is here
    http://factfinder2.census.gov/faces/nav/jsf/pages/searchresults.xhtml#none

    The occupancy data for 2010 is here
    http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=DEC_10_PL_H1&prodType=table%5B/quote%5D

    Here’s a 5 year table
    http://www.census.gov/hhes/www/housing/hvs/rates/files/tab4_msa_05_10_rvr.xls

    April 8, 2011 at 9:03 AM #685459
    patb
    Participant

    [quote=UCGal]I couldn’t find a simple comparison between 2000 and 2010.

    the data from the census, for San Diego, is here
    http://factfinder2.census.gov/faces/nav/jsf/pages/searchresults.xhtml#none

    The occupancy data for 2010 is here
    http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=DEC_10_PL_H1&prodType=table%5B/quote%5D

    Here’s a 5 year table
    http://www.census.gov/hhes/www/housing/hvs/rates/files/tab4_msa_05_10_rvr.xls

    April 8, 2011 at 9:03 AM #685602
    patb
    Participant

    [quote=UCGal]I couldn’t find a simple comparison between 2000 and 2010.

    the data from the census, for San Diego, is here
    http://factfinder2.census.gov/faces/nav/jsf/pages/searchresults.xhtml#none

    The occupancy data for 2010 is here
    http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=DEC_10_PL_H1&prodType=table%5B/quote%5D

    Here’s a 5 year table
    http://www.census.gov/hhes/www/housing/hvs/rates/files/tab4_msa_05_10_rvr.xls

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