REALTORS® and Chamber’s newly released Housing Scorecard audit of regional home building shows county only producing half the units needed to meet demand
SAN DIEGO (July 13, 2017) – A new analysis by the San Diego Regional Chamber of Commerce and Greater San Diego Association of REALTORS® (SDAR) finds the region’s housing crisis is on track to get much worse by 2020, driving even more seniors and families out of the Golden State and hurting our local economy.
The “Housing Scorecard” compares the progress of each of the 18 cities and the County of San Diego in permitting the construction of new homes and provides an accurate depiction of how the housing market is impacting San Diegans.
“Time and again we hear from employers who say their employees and potential employees can’t find housing they can afford,” said Jerry Sanders, Chamber President and CEO. “For businesses in San Diego to continue to grow and create jobs we need to make sure our workforce can afford to live here.”
San Diego County Taxpayers Association Announces New Process to Evaluate Climate Action and Related Plans
New process is similar to the Association’s school bond evaluation criteria.
San Diego (July 12, 2017) — The San Diego County Taxpayers Association informed public agency and elected leaders throughout the region on Tuesday that they should prioritize cost effectiveness while pursuing climate change goals. In a letter to leaders across the region, the Association also announced it is developing a new endorsement process that local governments should pursue to ensure climate change policies create the highest return on investment for taxpayers. The new process is similar to the Association’s school bond evaluation criteria, which San Diegans have relied on for decades.
‘It’s a great economic development driver for the entire region’ #SDNASL’s Bob Watkins tells KOGO Radio
Expansion movement continues as San Diego County joins growing list of West Coast clubs
NEW YORK (June 26, 2017) – Professional soccer is making its long-awaited return to San Diego County. The North American Soccer League (NASL) announced Monday that San Diego County is the league’s newest expansion market, and the club will make its league debut in the Spring of 2018.
San Diego NASL is backed by an ownership group led by four global soccer stars: Demba Ba, Eden Hazard, Yohan Cabaye and Moussa Sow. The players have partnered with local business executives to bring high-quality, professional soccer back to an area that is home to 3.3 million people and more than 50,000 youth players. Bob Watkins, a longtime San Diegan and successful businessman, will serve as the club’s president.
Overall weighted average rent decreased for the first time since Spring 2014
SAN DIEGO (June 26, 2017) — The vacancy rate in residential rental units across San Diego County now stands at 3.7 percent, a significant drop from the 5.4 percent vacancy rate reported in fall 2016, according to the San Diego County Apartment Association’s (SDCAA) Spring 2017 Vacancy and Rental Rate Survey.
In the City of San Diego, the vacancy rate is 3.3 percent. In the rest of the county, the rate is 4.1 percent. East County and South Bay have the lowest vacancy rates at 3.7 percent, while North County has a vacancy rate of 5.1 percent.
The measure to raise hotel taxes in order to fund a Convention Center expansion has hit some hurdles, all of which can still be overcome.
The images below were taken in San Diego during the past 72 hours.
Our homeless crisis is staggering and the struggles on our streets are growing as more people fall into homelessness. The time to act is now. Lives of so many men, women and children are on the line.
It's why numerous San Diego leaders have come together to support Mayor Kevin Faulconer's #JobsStreetsPeople plan to modernize and expand the convention center, repair our roads and reduce homelessness.
The measure would generate $140 million for homeless services - in year one alone. Polling shows it has strong support among San Diego voters.