Many people my business partner and I speak with ask…Who Pays These Outrageously High Rents?
People earning at least $150,000 per year. They are the fastest-growing group of renters!
Between 2007 and 2017:
The top-earners who choose to rent increased by 175%…
The top-earners who choose to buy their home increased by only 67%…
And with 43.3 million renters nationwide 2.1 million are high-income earners according to the latest available U.S. Census data.
Back in 2007, there were only 774,000 high-income renters.
Interesting to Know….
Rents in Coastal San Diego have not decreased, even in slow/depressed markets!
That is one reason why it is great to purchase beach property(in addition to consistent and significant long term appreciation)!!!!!
So…unless you plan to sell in 2-3 years(as there will be a market correction), buying now is a great option.
‘He has been there anytime I needed him and I know if I need him again he would be there too. Brad gave 100% from the first time he called me till the sale was done.’
‘We really felt like Brad was on our side throughout the transaction and knew how to navigate the process calmly and effectively’
-Curt and Kim C
‘If you are skeptical on a realtor look no further. You will get what you want and when you want it with Brad. His knowledge on this market is second to none. The most unusual thing about this transaction is his exceptional follow up thru out the entire process, and even after we’ve moved in and got settled. He is one of a kind in this market and this profession’
-Scott & Allison T.
‘Thanks to Brad Brinkman and his team we now have a beautiful new home and a great investment into our future.’
-Ryan & Amanda F.
‘He found my house for me when others could not, in a location that I thought would be impossible. His aggressiveness has given me the opportunity to live in a fantastic place.’
-Trace H., Pilot Hawaiian Airlines., U.S. Navy Pilot
‘You made it easy for us to make this move into our new home because you took on all the worries, handling our transaction with skill and expertise. Specifically we were impressed with your approach to business, treating each and every customer as you treated us; as though we were your most important clients’
‘He made each transaction very smooth and it was great peace of mind knowing I could count on him.’