If we could see air pollution, would we be more proactive about combatting it? As more comprehensive data on air and possibly other types of pollution are captured and viewed by millions of people, what will be the implications for real estate decision making? In the future could property-pricing take air pollution measurements into account? Would this motivate entire neighborhoods to proactively combat air pollution? Read about advancements in air-pollution measuring and visualizing technology in this article.
We recently wrote about predictions for the 2018 housing market. This article is an extension of our previous post, and covers two important legislative battles that are gaining momentum. Rent Control: Rent control legislation proposals are popping up on a state and local level. According to this article, Assemblyman Richard Bloom (D-Santa Monica) will be proposing legislation on January 11th to repeal Costa-Hawkins, which would allow local governments to implement new rent control policies. Additionally,
Did you know that new 2016 Residential Building Energy Efficiency Standards (Energy Standards) are now being enforced and California is expecting to see 28% more energy savings in regulated loads* than those built under the 2013 Energy Standards? *an electrical load is an electrical component or portion of a circuit that consumes electric power Having energy efficient buildings: Reduces energy costs. Increases reliability and availability of electricity. Improves building occupant comfort and reduces impact to the environment. Energy efficiency requires
With man-made climate change being widely accepted by the scientific community, the question is no longer "if" but "when" our communities will be affected by these large-scale changes in the environment. The Pacific Institute has recently released an interactive map that projects to 2100 and identifies at-risk areas in the event of a major flood or from erosion, with both scenarios dependent on a ~4.6 ft sea-level rise. Read more about the study conducted here and see the actual
In simplest terms, a zero net energy home is a building that produces as much energy as it consumes over the course of the year. With Federal and Statewide initiatives in place, it is very likely that more energy efficient and net-zero homes will become a new norm in the near future. Since 2008, the U.S. Department of Energy’s (DOE) has coined the term “Zero Energy Ready Home” which is identified as a home