Rent prices going berserk?

[bewildering]

That data is confusing

Total labor force=1581519(P)
Employment=1496395(P)
Unemployment=85124(P)

It does not seem to add up?

On the topic of rents. 2300+ for 3/2 SFR in Clairemont seems to be normal now. 2300+ for 2/2 condo in UTC also seems normal.

[poorgradstudent]

The apartment complex we used to rent from in Mission Valley actually hasn’t gone up that much since we were there ~4 years ago. But there has been such a huge building boom there, maybe prices are a little deflated.

[an]

You think $1500/month is bad, try $1610-2250/month at Gables Summerset: http://www.apartmentguide.com/apartments/California/San-Diego/Gables-Summerset/5191/

The rent for 2/2 at Summerset, 18 years ago were around $800. 10 years ago, they were going for ~$1400/month. Today, 2/2 starts at $1895/month for a 1 year lease.

[treehugger]

I have a coworker/friend that just moved down here from San Rafael Bay area last year, he lives in a 4 or 5 plex dump across from the beach in Oceanside and pays nearly $2400.

He wants to move and likes my area near Calaveras open space preserve. I found a rental in same townhouse complex I moved out of 5 years ago ( I had lived there for ~2 years)I paid $1,500 for 2/2 with full 2 car garage and fenced yard that allowed my big dog, today same street 2/2 is asking $2,500.
CARLSBAD – PANORAMIC OCEAN VIEW
http://sandiego.craigslist.org/nsd/apa/5204391178.html

[utcsox]

[quote=bewildering]That data is confusing

Total labor force=1581519(P)
Employment=1496395(P)
Unemployment=85124(P)

It does not seem to add up?

On the topic of rents. 2300+ for 3/2 SFR in Clairemont seems to be normal now. 2300+ for 2/2 condo in UTC also seems normal.[/quote]

What do you mean it does not seem to add up? When you add employment and unemployment together, it equals to the total labor force.

[bewildering]

ha, i need more coffee

[Author]

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