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  • January 3, 2010 at 10:19 PM #498978
    scaredyclassic
    Participant

    may 9, 2000.

    January 4, 2010 at 9:00 AM #499399
    jeeman
    Participant

    Patb,

    I second what Temeculaguy wrote. It is hard to figure out the rental/price ratio because people who could afford to rent there would just buy instead. Since there are homes in Del Mar and CV that are way over $1.2M, about the same size, smaller lots, etc, etc, I think that it is better to compare it to purchases in those areas. I know they will go down, but I doubt most areas will go down further than 2000 price levels.

    January 4, 2010 at 9:00 AM #498857
    jeeman
    Participant

    Patb,

    I second what Temeculaguy wrote. It is hard to figure out the rental/price ratio because people who could afford to rent there would just buy instead. Since there are homes in Del Mar and CV that are way over $1.2M, about the same size, smaller lots, etc, etc, I think that it is better to compare it to purchases in those areas. I know they will go down, but I doubt most areas will go down further than 2000 price levels.

    January 4, 2010 at 9:00 AM #499491
    jeeman
    Participant

    Patb,

    I second what Temeculaguy wrote. It is hard to figure out the rental/price ratio because people who could afford to rent there would just buy instead. Since there are homes in Del Mar and CV that are way over $1.2M, about the same size, smaller lots, etc, etc, I think that it is better to compare it to purchases in those areas. I know they will go down, but I doubt most areas will go down further than 2000 price levels.

    January 4, 2010 at 9:00 AM #499008
    jeeman
    Participant

    Patb,

    I second what Temeculaguy wrote. It is hard to figure out the rental/price ratio because people who could afford to rent there would just buy instead. Since there are homes in Del Mar and CV that are way over $1.2M, about the same size, smaller lots, etc, etc, I think that it is better to compare it to purchases in those areas. I know they will go down, but I doubt most areas will go down further than 2000 price levels.

    January 4, 2010 at 9:00 AM #499737
    jeeman
    Participant

    Patb,

    I second what Temeculaguy wrote. It is hard to figure out the rental/price ratio because people who could afford to rent there would just buy instead. Since there are homes in Del Mar and CV that are way over $1.2M, about the same size, smaller lots, etc, etc, I think that it is better to compare it to purchases in those areas. I know they will go down, but I doubt most areas will go down further than 2000 price levels.

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