Re “San Diego County apartment vacancies are now the highest this century” (July 1): There’s a lot of urgent talk lately about San Diego’s “housing crisis.” We need more housing!
As a result, we now see rising around us those giant dwelling cubes that seem to block out the sun. (Remember “The Borg”?) The data in the report from CoStar confirms that the real housing crisis is that people can’t afford rent.
With the average rental in San Diego costing above $2,500 a month, that’s over $30,000 a year. You practically have to be earning six digits to afford an average rental today.
The San Diego population is currently decreasing. Apartment vacancies are at a long-time high.
Our real housing problem is not a “housing shortage.” It’s about predatory pricing. The rush to build more units is about making money, not about providing anything for people trying to make ends meet.
— Russ Hamm, Kensington