Many years ago, we purchased a home in Carlsbad, using a realtor that was recommended to us - Jim Klinge. Fast forward to 2025, we recently had the privilege of selling 2 homes in Carlsbad, CA and didn't hesitate to reach out to Jim and Donna Klinge of Klinge Realty Group to guide us through the sales. The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.
the false assumption in this article is that renters in SF Bay Area are renting by choice.
all those high income earners that lose in a bidding war have to live somewhere. And, when you consider these high income earners can qualify for properties above 1 million dollars, then landlords know they can consistently jack the rents year after year.
Agreed – the doctor is doomy.
I’m a high-paid renter in the Bay Area. It is definitely not by choice. I can’t complain that much though, we are getting a great deal on rent. I calculated that we would need a $1MM *down payment* to get a mortgage on our rental the same as our rent payments.
I love it up here, but I’m going to have to move someday if I’m ever going to own a home again.
IMO, there are a lot of immigrants, with kids, in so cal. Those kids are constantly hitting the age of 18, and will continue for the foreseeable future. They need a place to live. We have brought thousands of immigrant kids into the country in the last few days, to join their families, and will continue until our current president leaves office. Add that to the usual daily surplus of assorted immigrants, and we will enjoy rent rates that will be very stable, If not increase further this year, as we move forward.
Where I live, I’m noticing renters from upper end rental areas being apparently priced out, and moving blocks over to lower rent areas. That is, I’m seeing Beemers and Mercedes parked in apartments I’ve never seen Beemers And Mercs before. So it seems to me it might be that the former middle-class rental areas are getting squeezed from both economic sides. If so, I don’t see the pressure letting up soon.