Magic Ball Needed

[sdrealtor]

Same to you Ex-SD,
You are as closed minded as all but one former regular on this site who shall not be named. I look at both sides of the issue and analyze data on the street level. All you want to do is say how awful you think things will be but you never offer up an hard data. The world is a different place than it was a decade ago and no one knows how things will play out. I try to figure it out while you seem certain you have the answer.

I’m the meantime, I try to have fun with a few putzs like you playing up my online persona which is in fact very different from who I am in person. I’m not here to get business and I dont feel my business is threatened at all by this market. It is getting better everyday because I know my market, I put my clients first and I care about their future financial well being. I have never put a client in a bad position and never will. You would find me eating at a soup kitchen before that.

[SDEngineer]

I just received a rent-hike (of about 6%) this month – I rent in Poway. I haven’t seen any evidence of declining rents (and I was shopping around to see whether moving to a different complex would make sense) in this neck of the woods (Poway/RB/Scripps Ranch primarily).

[SDEngineer]

I just received a rent-hike (of about 6%) this month – I rent in Poway. I haven’t seen any evidence of declining rents (and I was shopping around to see whether moving to a different complex would make sense) in this neck of the woods (Poway/RB/Scripps Ranch primarily).

[SDEngineer]

I just received a rent-hike (of about 6%) this month – I rent in Poway. I haven’t seen any evidence of declining rents (and I was shopping around to see whether moving to a different complex would make sense) in this neck of the woods (Poway/RB/Scripps Ranch primarily).

[SDEngineer]

I just received a rent-hike (of about 6%) this month – I rent in Poway. I haven’t seen any evidence of declining rents (and I was shopping around to see whether moving to a different complex would make sense) in this neck of the woods (Poway/RB/Scripps Ranch primarily).

[SDEngineer]

I just received a rent-hike (of about 6%) this month – I rent in Poway. I haven’t seen any evidence of declining rents (and I was shopping around to see whether moving to a different complex would make sense) in this neck of the woods (Poway/RB/Scripps Ranch primarily).

[DWCAP]

I have a feeling that the last place rents will stop going up is in SFR’s in relativly affordable NC areas like Poway, MM, Clmnt….
Rents will start to hurt in the outerlying or non rental areas long before anything in these areas gets hit. Oside, Esco, southern chulaV, El Cajon, and Santee are much more likey to see problems with rents before you will see anything in the city. CV, LJ and RSF may be too as people are just not willing to pay that premium. (That depends entirly on the economy and could be a non starter.) Itll start with the condo’s and move around depending on the demographics and economy. But lower rent SFR’s in the North county are like well priced houses in CV/4s right now.

I also think rents will eventually fall alittle. Job losses started 2-3 months ago and have not been severe. Rent contracts are for a year and pricing pressure is always inflationary (in the loosest sense of the word) in rents as LL dont like to lower rents ever. They may offer you first month free, effecitivy lowering rents, but they dont lower the dollar cost advertised unless forced to. If we continue on the job loss path we are on, they will fall. If things pickup, then rents are just gonna keep rising.

[DWCAP]

I have a feeling that the last place rents will stop going up is in SFR’s in relativly affordable NC areas like Poway, MM, Clmnt….
Rents will start to hurt in the outerlying or non rental areas long before anything in these areas gets hit. Oside, Esco, southern chulaV, El Cajon, and Santee are much more likey to see problems with rents before you will see anything in the city. CV, LJ and RSF may be too as people are just not willing to pay that premium. (That depends entirly on the economy and could be a non starter.) Itll start with the condo’s and move around depending on the demographics and economy. But lower rent SFR’s in the North county are like well priced houses in CV/4s right now.

I also think rents will eventually fall alittle. Job losses started 2-3 months ago and have not been severe. Rent contracts are for a year and pricing pressure is always inflationary (in the loosest sense of the word) in rents as LL dont like to lower rents ever. They may offer you first month free, effecitivy lowering rents, but they dont lower the dollar cost advertised unless forced to. If we continue on the job loss path we are on, they will fall. If things pickup, then rents are just gonna keep rising.

[DWCAP]

I have a feeling that the last place rents will stop going up is in SFR’s in relativly affordable NC areas like Poway, MM, Clmnt….
Rents will start to hurt in the outerlying or non rental areas long before anything in these areas gets hit. Oside, Esco, southern chulaV, El Cajon, and Santee are much more likey to see problems with rents before you will see anything in the city. CV, LJ and RSF may be too as people are just not willing to pay that premium. (That depends entirly on the economy and could be a non starter.) Itll start with the condo’s and move around depending on the demographics and economy. But lower rent SFR’s in the North county are like well priced houses in CV/4s right now.

I also think rents will eventually fall alittle. Job losses started 2-3 months ago and have not been severe. Rent contracts are for a year and pricing pressure is always inflationary (in the loosest sense of the word) in rents as LL dont like to lower rents ever. They may offer you first month free, effecitivy lowering rents, but they dont lower the dollar cost advertised unless forced to. If we continue on the job loss path we are on, they will fall. If things pickup, then rents are just gonna keep rising.

[DWCAP]

I have a feeling that the last place rents will stop going up is in SFR’s in relativly affordable NC areas like Poway, MM, Clmnt….
Rents will start to hurt in the outerlying or non rental areas long before anything in these areas gets hit. Oside, Esco, southern chulaV, El Cajon, and Santee are much more likey to see problems with rents before you will see anything in the city. CV, LJ and RSF may be too as people are just not willing to pay that premium. (That depends entirly on the economy and could be a non starter.) Itll start with the condo’s and move around depending on the demographics and economy. But lower rent SFR’s in the North county are like well priced houses in CV/4s right now.

I also think rents will eventually fall alittle. Job losses started 2-3 months ago and have not been severe. Rent contracts are for a year and pricing pressure is always inflationary (in the loosest sense of the word) in rents as LL dont like to lower rents ever. They may offer you first month free, effecitivy lowering rents, but they dont lower the dollar cost advertised unless forced to. If we continue on the job loss path we are on, they will fall. If things pickup, then rents are just gonna keep rising.

[DWCAP]

I have a feeling that the last place rents will stop going up is in SFR’s in relativly affordable NC areas like Poway, MM, Clmnt….
Rents will start to hurt in the outerlying or non rental areas long before anything in these areas gets hit. Oside, Esco, southern chulaV, El Cajon, and Santee are much more likey to see problems with rents before you will see anything in the city. CV, LJ and RSF may be too as people are just not willing to pay that premium. (That depends entirly on the economy and could be a non starter.) Itll start with the condo’s and move around depending on the demographics and economy. But lower rent SFR’s in the North county are like well priced houses in CV/4s right now.

I also think rents will eventually fall alittle. Job losses started 2-3 months ago and have not been severe. Rent contracts are for a year and pricing pressure is always inflationary (in the loosest sense of the word) in rents as LL dont like to lower rents ever. They may offer you first month free, effecitivy lowering rents, but they dont lower the dollar cost advertised unless forced to. If we continue on the job loss path we are on, they will fall. If things pickup, then rents are just gonna keep rising.

[jpinpb]

I’m trying to follow along here. I understand people that are being foreclosed upon will/may go back to renting. Therefore creating, perhaps, greater demand for rentals. BUT, eventually the foreclosed homes will be bought, ideally, probably by someone renting, hence, one less renter. Wouldn’t all this balance out? Are we completely not counting empty condo conversions/empty units downtown?

[jpinpb]

I’m trying to follow along here. I understand people that are being foreclosed upon will/may go back to renting. Therefore creating, perhaps, greater demand for rentals. BUT, eventually the foreclosed homes will be bought, ideally, probably by someone renting, hence, one less renter. Wouldn’t all this balance out? Are we completely not counting empty condo conversions/empty units downtown?

[jpinpb]

I’m trying to follow along here. I understand people that are being foreclosed upon will/may go back to renting. Therefore creating, perhaps, greater demand for rentals. BUT, eventually the foreclosed homes will be bought, ideally, probably by someone renting, hence, one less renter. Wouldn’t all this balance out? Are we completely not counting empty condo conversions/empty units downtown?

[jpinpb]

I’m trying to follow along here. I understand people that are being foreclosed upon will/may go back to renting. Therefore creating, perhaps, greater demand for rentals. BUT, eventually the foreclosed homes will be bought, ideally, probably by someone renting, hence, one less renter. Wouldn’t all this balance out? Are we completely not counting empty condo conversions/empty units downtown?

[Author]

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