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Dirt on Income Property

In the beginning of the year I wrote about Santa Monica having the most expensive rent in the nation. The demand for rentals continues to rise and available rentals, especially units priced less than $5,000 are leasing very quickly. The Los Angeles Times wrote about a study done by Zillow that a 5% rental price increase could cause a spike in homelessness if more… Continue Reading Dirt on Income Property

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Fault Maps and Real Estate Dirt

A new earthquake fault map that includes Santa Monica, Brentwood and the Pacific Palisades was just released.Ā  According to the Los Angeles Times, this map has had a long delay due to budget cuts however, state government officials have made it a priority to complete these maps and have approved a budget to do so. In the meantime, the state has set forth stricter… Continue Reading Fault Maps and Real Estate Dirt

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Santa Monica Dirt | More Rent Control

I wrote several weeks back about how Santa Monica has the most expensive rents in the country even while having some of the strictest rent control laws. Santa Monica Assemblyman Richard Bloom and two other state assembly members have been pushing a new bill, AB 1506, that they hope to pass which will repeal the current Costa-Hawkins Act. The Costa- Hawkins act exempts buildings… Continue Reading Santa Monica Dirt | More Rent Control

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