boomer stampede

by Jodi Summers Amazing statistic about aging… approximately 10,000 people a day will be turning 65 through 2030. That age group – seniors – will grow to 88 million…and they are in motion. More than half of all homeowners are 55+, and they accounted for more than a quarter of homeowner moves in 2014. As […]

senior lliving

by Jodi Summers Greening units for Baby Boomers simpler than greening space for Millennials. In the 60+ crowd, green means more efficient. As boomers approach retirement, many are looking to make smart financial moves, so it’s not just a matter of green living, it’s about and being more efficient with the use of their dollars. […]

Canoga Park apartment complex, which collapsed in the 1994

edited by Jodi Summers Does your building have tuck under parking? Many Los Angeles apartments with garages and carports on the ground story that were built before the 1980s are soft story buildings. A soft story building is vulnerable collapse in a large earthquake due to inadequate shear strength at ground level. A soft story […]

northridge earthquake

by Jodi Summers The Los Angeles City Council has agreed that renters and apartment owners must share the financial burden of earthquake retrofitting equally. According to the L.A. Times, “After many housing studies and heated meetings with landlord and tenant groups, city staff proposed a compromise that the City Council unanimously voted to move forward: […]

dingbat wanting retrofit

by Jodi Summers As if the apartment rental situation in Los Angeles is not tenuous enough for you…just wait…the first phase of the city’s massive earthquake retrofitting project is about to begin. The Department of Building and Safety has compiled the official list of apartment buildings most at risk of collapse, landlords get notice in […]

us-home-ownership

by Jodi Summers The U.S. homeownership rate reached a national high of 69.2% in the fourth quarter of 2004 and was as high as 68.2% in 2Q 2007 before beginning its decline. According to the Census Bureau, the rate is currently sitting around 64.4% – its lowest level since 1995. It has fallen in four […]