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As county leaders move to limit private equity firms from buying up properties, a new report sheds light on the impact of one corporate landlord on San Diego’s housing costs. The analysis ...
Blackstone purchased 66 rental properties with 5,800 units in the San Diego area for over $1 billion in 2021, according to the San Diego Union-Tribune. Since then, the company has increased rent ...
Almost all rent-controlled cities also prohibit evictions without just cause. [163] Among California cities which do not control the rent amount, but do prohibit no-cause evictions: Glendale, [164] San Diego, [165] [166] Union City. [167]
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San Diego has high real estate prices. San Diego home prices peaked in 2005, and then declined along with the national trend. As of December 2010, prices were down 36 percent from the peak, [174] median price of homes having declined by more than $200,000 between 2005 and 2010. [175] As of May 2015, the median price of a house was $520,000. [176]
The median home price in the city is $910,000, making it the fourth highest among the 30 largest U.S. cities. [85] [86] The average monthly rent in San Diego has risen to $3,175, placing it as the third-highest in the nation, only $7 less than that of San Francisco. [87]
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