The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Les H who wrote (12649)	8/19/2003 2:14:17 PM
From: Elroy Jetson	Read Replies (2) of 306849

I drove back to Los Angeles from La Jolla (San Diego area) along the coast this weekend. What impressed me was the incredible number of ocean front and ocean adjacent homes "For Rent" along the way in each of the small beach communities. I can't say I have ever seen for rent signs on single family homes in any of these areas before - and quite attractive rents as well. Certainly well below the costs of ownership. One must assume they are owned by people gambling on future appreciation and hoping to get some rent along the way to help pay part of the mortgage and property taxes.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next