Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (228219)	4/7/2005 7:11:09 PM
From: Tenchusatsu	Read Replies (2) of 1573927

Ted, However, S. CA is one those markets where bubble like conditions do seem to exist. It sure seems that way based on the exorbitant prices alone. However, the rental occupancy rates suggest that demand for residencies are still sky high here. Plus around where I live, the percentage of single family residences that are being rented out is lower than 25%, much less the 40% figure that Impristine originally mentioned (before he corrected himself). Meanwhile, there are a lot of new apartment complexes being built in Irvine and the surrounding areas. That's an area where rent for a one-bedroom apartment is close to $1,700/month! Can't imagine why that many people would want to spend that much for a dinky apartment in Irvine, but that's reality. Tenchusatsu

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