Guys, there is definitely a market for two bedroom rentals at $5k/month. I’m in that market. For a couple who both work it isn’t much money, and there are plenty of reasons why one would want to rent rather than own (temporary re-locations, better alternative uses of capital, views on the direction of real estate prices).
And one of the main reasons to spend the extra grand on a rental is quality of fixtures. If anything that’s more important in a rental, because you can’t just gut renovate yourself. Cheaper rentals just aren’t livable for grown ups if the kitchen is a shithole, etc.
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There is a cult of ignorance in the United States, and there always has been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge." - Isaac Asimov
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