patrick.net

Where are you looking, exactly?

Yes, if you give me a zip code I can look up the 30-day rolling average rent.

Or you could do it yourself, here:

http://patrick.net/housing/graphs.php

I'm also seeing that rents are going up and tough to find a good house for rent at a good price.

Not sure what is going on ...
1. Rents are going up
2. OH's are full of buyers, mainly I and C

I was talking with one of the landlord and rental management company about this demand for rental, he says, lot of asian country people are temoprarily relocating to US for kids education. Especially in Milpitas, Bereyassa area, lot of Asians are living with their kids for their education....

Not sure how much truth is... but for us the rents are going up ...

Prices keep dropping in those areas.

It looks like the price to buy, price to rent, real wages and the mathematically challenged randoms are looking to find sustainable prices.

If economic conditions can stay the same or better for the next 30 years we might be ok :)

ThreeBays says

n Foster City there is no 3BR under 3200 now.

Damn.

Sounds like a reason for more jobs to leave the Bay Area.

crazydesi says

OH's are full of buyers, mainly I and C

Sorry, but what is OH's?

I don't get this conversation. We are talking about rents in the 2-3K range for houses that sell in the 600-1000K range. And we are saying rents are crazy? Rents are cheap! Very cheap if you are comparing the alternative of buying these dog houses as a place you want to own. If you are okay with paying through the nose for buying then why are you so upset with paying someone 1/2 their monthly cost of ownership to rent? I just don't get it. 1 does not equal 0.5.