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SAN DIEGO (KGTV) -- A new report is looking into why there is a shortage of homes for sale around the country. According to the report by NerdWallet, in October of 2017, the US had a 3.9-month supply of existing homes for resale, meaning at that pace, it would have taken 3.9 months to sell all the homes on the market. According to NerdWallet, a supply under six months places home buyers at a disadvantage. The report identifies six reasons why the housing supply is so low. 1. Boomers aren’t movingOver three-fourths of baby boomers own their own homes, according to the report, meaning millennials don’t have enough homes available to buy. The report also found that rising home prices force baby boomers to stay put because they don’t have the cash to downsize. RELATED: California gas tax set to increase July 12. Landlords won’t sellNerdWallet says millions of single-family homes were converted to rentals after the foreclosure crisis. In 2017, renters made up 36 percent of households. A greater demand for homes coupled with less supply means values rise while rents are rising faster than home prices. 3. Low mortgage rates The report points out that interest rates on outstanding mortgages averaged about 3.8 percent over the last three years. As mortgage rates rise, fewer people are interested in selling and getting into new mortgages. 4. Entry-level homes ignored by buildersIn the first nine months of 2017, nearly 500,000 newly-built homes were sold of which 55 percent sold for 0,000 or more. NerdWallet says builders blame high land cost and a lack of skilled construction workers for not building more entry-level homes. RELATED: Program vows to help San Diego teachers buy homes5. Regulations add costThe report points out the homebuilders say environmental protection, infrastructure fees and rules that specify lot sizes all add tens of thousands of dollars to the cost of building every single home. According to the report, regulations account for roughly one-quarter of the cost of each home. RELATED: San Diego County city shows enormous home appreciation in 20 years6. Owners want a restricted supplyFinally, the report found that local zoning and land-use regulations are enacted by officials elected by the people. The report says those officials are only responding to constituents who want a limit on the number of homes that can be built in a neighborhood. Elected officials can also set a minimum square footage for homes, further limiting supply. “There are regulations that are more about the neighbors’ sensibilities than they are about the safety of the people living in the houses,” says Miriam Axel-Lute, associate director of the National Housing Institute. “It’s neighbors who want their property values to go up, in most cases, who are insistent upon some excess safety design standards or minimum lot sizes or other things,” Lute says. “They either want their property values to go up or they don’t want, quote, ‘the wrong sort of people’ in their neighborhoods. This is the pressure behind a lot of the most damaging regulations out there.” 3097
SAN DIEGO (KGTV) - A local musician is facing a painful COVID-19 toll, losing three family members and five friends to the virus.David Whitman's first loss to COVID-19 came in late April with the passing of Jeanne Fisher, his great-aunt."Went downhill fairly quickly and passed away at a nursing home in the Chicago area," said Whitman.In early June, his grandmother Beverly Whitman, 92, became sick at a nursing home in Wisconsin. She died June 13."I know the morphine they gave her. She really needed it. It was not an easy way to go," said Whitman.A few days before she passed, she was able to share a room with her husband of 69 years, Robert Whitman, 93, also diagnosed with coronavirus. He died three days after her death."His condition deteriorated pretty quickly I think after my grandmother passed away," said Whitman.Whitman's emotions are still raw."It's really tough not to be with family, not being able to get together to mourn," said Whitman.Whitman, a professional musician, is also grieving the death of five friends from the world of music. A few days ago, he released a recording of his award-winning song "I Have A Friend," which was inspired by his grandmother. It's a recording that helped him grieve."There is a healing aspect to sharing your humanity. When they listen, they experience it as well," said Whitman.He hopes those who have lost loved ones will also gain healing from his music and to convey another message for others."I have whoever hears my song will no longer question the seriousness of the pandemic and the urgency of being safe on a day-to-day basis and do things like wearing a mask," said Whitman. 1650

SAN DIEGO (KGTV) -- A man who recently returned from Iran is under self-quarantine at his parents' home in Rancho Bernardo. The traveler, who declined to give his name, lives in San Francisco. He said it would be easy to expose other family members at his home, but his parents have a detached unit where he can isolate himself. He said he contacted his healthcare provider for guidance before returning to the United States, but was directed to the CDC website. "The onus shouldn't be on me. There should be some kind of response, from the government or some kind of authority. I just feel they should be a lot more proactive. I feel it's going to hit us like a tsunami, " said the man. He was in Iran, where at least 200 people have died from COVID19, for the last few months taking care of his family business. He's been out of the country for eight days. He says he isn't showing any symptoms, but he still wants to be tested. "Per CDC guidelines, they said if you're not showing symptoms, you don't need, and the word was "need," you don't need a test, you should just self-quarantine until the 14 day period has passed. Need is one thing, I said I want to test, I said wouldn't you want to test, if you're a carrier you want to know." It's up to an individual's doctor or healthcare professional to recommend someone for testing, but the CDC has the final say. Current guidelines require a patient to have symptoms or to have been exposed to someone who tested positive for the virus or traveled to a region with sustained community spread. 1557
SAN DIEGO (KGTV) - A program through the County's office of Child Welfare Services is making sure every kid in the foster program gets to celebrate this holiday season.The "Home for the Holidays" program pairs kids in the foster shelters with families for a holiday, so they don't have to spend the holiday alone."This is a great opportunity for families to kind of try it out and see what it's like to work with our youth," says Kimberly Giardina, the Director of Child Welfare Services.Right now, San Diego County has about 140 kids in the foster program that need a foster family. While this program doesn't give them a long-term solution, it helps the kids through a difficult season."People open their homes," says Giardina. "They see that our youth are just like every other kid in the neighborhood."Nanci Weinstein, who has fostered three kids through the county and adopted one, says it's an experience that's invaluable for both the kids and the families."I can't imagine what that might feel like for a child," she says. "Every moment is precious because this child is in a situation where they need someone to take care of them."Families interested in participating in the Home for the Holidays program need to complete a background check, home safety inspection, training and orientation. The process can take several months.While it may be too late for this holiday season, Giardina says people can try any holiday, secular or religious.For more information, go to the county's website here or call 877-792-KIDS (5437). 1540
SAN DIEGO (KGTV) – A new initiative in Pacific Beach could keep many businesses afloat but may make parking in the area even harder to find.Twenty-six parking spaces on Ocean Boulevard between Grand and Thomas avenues will be temporarily converted to outdoor dining for nearby businesses.Signs posted near the parking spaces show there will be no parking starting Friday, Aug. 21, until Dec. 30 for a special event.PB Shore Club owner Doug Sondomowicz worked with the city’s permits department, local police and fire departments, and the Coastal Commission for five weeks to get permits approved.The area where the parking spots used to be is now where cars and emergency vehicles can drive through along Ocean Boulevard.PB Shore Club will add 22 tables to the patio, bringing them to about 2/3 of their pre-COVID seating capacity.Sondomowicz said he thinks this will allow him to bring almost 100 percent of his employees back. The tables will be ready to go by lunchtime on Saturday."Originally, we laid off every employee we had here … hopefully with this we will get closer to that 100 percent employee mark,” said Sondomowicz. "During these trying times with COVID-19, the city has been gracious to let us use this and be able to keep us open and try to employ more people. And give locals and tourists still options to be able to eat outside beachfront."Waterbar will add around 20 tables and have their patio ready to go by 4 p.m. Friday.Some people in Pacific Beach say finding parking in the area is already difficult and this restriction will make it even harder.Pacific Beach resident Robert Gally opposes the idea, and he told ABC 10News, "A lot of times, I see police responding out here. I see fights. There's loud music. Knowing that they're going to be outside is just making it even worse. So, I'm very upset."PB resident Cindy Palus, who supports the idea, said, "I think it's advocating for people to get outside and walk, it's not a big deal and I think the businesses need it. San Diego needs it. I think it's great. I think we're supporting the economy."A spokesperson for San Diego City Councilwoman Jennifer Campbell’s office confirmed to ABC 10News that the space will be for outdoor dining.The spokesperson says the request was made and voted on by a group called Discover PB. She tells ABC 10News that the change was approved by the Coastal Commission.ABC 10News reached out to the group Discover PB, but have not heard back. 2460
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