To Rent or To Return

The cost of renting a home in southern California is, well shocking.  How do most people out here do it?  You have the posh, three blocks from the beach, types of homes that fetch $6K to $8K per month. You have small California style bungalows fetching $4K to $6K. And the price doesn’t drop that much moving in-land.

What’s the deal out here?

OK, so we are somewhat picky  – no apartments, condos or townhouses.  So that makes our search more difficult.  But the prices still don’t add up for a couple who have a small, lovely home in Santa Fe with a mortgage at $1K.

Are the benefits of living in San Diego really 4 to 6 times greater?  Perhaps, but the verdict is still up in the air for us.

 

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