The State of California already has a similar 10% cap on annual rental increases with a required notification...

The State of California already has a similar 10% cap on annual rental increases with a required notification timeline.
#CRE #Apartments
https://www.npr.org/2019/02/27/698509957/oregon-set-to-pass-the-first-statewide-rent-control-bill

Hyundai Nexo Review: The Hydrogen Fuel Cell-Powered Electric SUV | WIRED

https://www.wired.com/story/hyundai-nexo-review-hydrogen-fuel-cell-electric/

Downtown apartment building intentionally flooded.

Downtown apartment building intentionally flooded. "Dispatchers received a call shortly before 12:25 a.m. from a person at an apartment complex in the 1800 block of State Street reporting that a man had turned on a fire hose on the eighth floor and was spraying water, according to San Diego police."

Vandals Flood Downtown Apartment & Condominium Property

After decades of suburban sprawl, San Diego eyes big shift to dense development - Los Angeles Times

https://www.latimes.com/politics/la-pol-ca-big-cities-housing-plans-san-diego-20190225-story.html

The Oscars program showed some of the first images insideThe AcademyMuseum of Motion Pictures, which is a museum in...

The Oscars program showed some of the first images insideThe Academy Museum of Motion Pictures.  This museum is currently under construction by the Academy of Motion Picture Arts and Sciences. An older commercial building has been re-purposed for this use. A wonderful new attraction for Los Angeles visitors. #Oscars
https://en.wikipedia.org/wiki/Academy_Museum_of_Motion_Pictures

The winter rains are causing high levels of alder, poplar and junipertree pollen to hit the air in San Diego.

The winter rains are causing high levels of alder, poplar and juniper tree pollen to hit the air in San Diego. These allergens are forecast to increase going into next week according to www.Pollen.com. Be prepared. Make sure you have your allergy medications on hand. If you are a busy real estate professional you may want to consider a key chain case. #SanDiego

Expert warns Australia could turn into slums in 20 years | 60 Minutes Australia

https://www.youtube.com/watch?v=vRSdiq3sOTc

Payless Shoes to Shutter Stores Across the U.S.

#CRE
https://www.today.com/style/payless-shoesource-plans-liquidate-close-all-u-s-stores-t148992

Real Estate Projects

https://www.businessinsider.com/wildest-real-estate-projects-lie-in-ruins-2019-2

Airbnb

https://www.reuters.com/article/us-airbnb-paris/paris-seeks-14-million-from-airbnb-for-illegal-adverts-idUSKCN1PZ0DA  #Airbnb

ABA Supports Proposed Residential Real Estate Appraisal Threshold Increase | ABA Banking Journal

https://bankingjournal.aba.com/2019/02/aba-supports-proposed-residential-real-estate-appraisal-threshold-increase/

Not a Crime to Sleep in Your Car in San Diego

https://www.nbcsandiego.com/news/local/SD-City-Council-Repeals-Law-Banning-People-From-Living-In-Cars-505397361.html

Hackers walk off with $130,000 real estate down payment of local family.

Hackers walk off with $130,000 real estate down payment of local family. From the San Diego Union-Tribune, "According to the couple, someone used the escrow company’s exact email to ask for the wire. It even included details only someone working on the sale of the home could know. It had all the names of the people involved in the transaction, the escrow officer, the real estate agent,” said Andrew." This is a scam that usually comes from overseas. The hackers are breaking into email accounts of real estate professionals and reading all their emails looking for deals that are about to close. Your emails leave a digital trail of all the people involved in the deal, required deposits, transaction deadlines, etc. They then hack into your client's accounts and they wait for a strategic time to send an email with their own bank account number. Since the buyers are expecting this email - they follow the instructions and have the funds wired to the hackers account and not the escrow company. Sound scary??? It is. When it comes to important wire transfers - Call and Confirm the bank and routing number directly with the escrow person in charge of your transaction. This scam has happened to others in San Diego. Most people keep the news private and only deal with the FBI. This couple is doing a huge community service by going public with this information and making people aware of this crime. #RealEstate #Scam #SanDiego



http://www.cbs8.com/story/39914206/oceanside-couple-caught-up-in-real-estate-scam

Poway steps up to the plate with a proposed plan to deal with homelessness in San Diego County with a program that...

Poway steps up to the plate with a proposed plan to deal with homelessness in San Diego County with a program that assists Poway homeowners with setting up granny flats in their backyards. This public sector program requires that the units be managed by a third party and that the units be leased to low-income earners. #SanDiego #Grannyflat
https://www.sandiegouniontribune.com/communities/north-county/sd-no-poway-granny-flats-20190204-story.html

SDG&E Fraud Alert: Crooks are calling local San Diego SDG&E Customers

SDG&E Fraud Alert: Crooks are calling local San Diego SDG&E customers at this time saying that their electricity will be turned off in 30 minutes unless they pay a past due amount owed to SDG&E. They then route the call to a billing assistant who tries to get payment over the phone or send you to a fake SDG&E location before 4 PM the same day. When you confront them with information indicating the account should be in good standing - they hang up.

The call will look like it is coming from SDG&E - but it is a fake caller that is spoofing the caller ID system.

Please be sure to alert elderly people about this.

SDG&E will never demand payment over the phone or threaten to cut power over the phone,

Caller ID-Spoofing
One of the especially convincing techniques that con artists use is known as caller ID spoofing. This technique involves the caller disguising his real identify by deliberately falsifying the information being transmitted to your caller ID. Usually, the caller alters the caller ID information to make it look like someone legitimate is calling. For example, in the case of utility scams, the criminals would make it look like SDG&E is calling.

If you are suspicious or made uncomfortable by anyone claiming to be with SDG&E, hang up and call our main customer service line at 1-800-411-7343.

#Scams #SanDiego #SDGE