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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 juvenile was arrested Wednesday for allegedly making a threat against a San Diego Unified School District high school.The juvenile was arrested at Serra High School for the alleged threat, according to SDUSD. The suspect told school police the comment was not meant to be taken seriously. While police deemed the threat non-credible, they determined the comment meant the definition of a criminal threat.The language of the threat and how it was issued was not immediately clear.RELATED: DA: Nine minors charged in recent threats to local schoolsClasses at Serra High were held on a normal scheduled Wednesday despite the report. There was reportedly no increase in police presence on the campus either.SDUSD official called for a press conference on Friday at 10:15 a.m. at the Education Center to address the increasing number of local school threats over the past month.Since the Parkland, Fla., school shooting in February, at least 24 school threats have been investigated at county schools.Of the threats, District Attorney Summer Stephan has charged at least nine juveniles."We can't assume that the threat is a joke," Stephan said. 1208

SAN DIEGO (KGTV) - A Mission Hills business complex plagued by homeless loiterers for weeks posted videos on Ring Neighbors Sunday, receiving sympathy and frustration from the community.The latest video, taken Saturday night at 10:20 p.m. shows a man walking away from a business's door. The caption said the man was trying the door handle.The first of six videos is dated June 26th. Just before 1 a.m. it shows what looks like a man walking a bike into an alcove where the mailboxes hang on the wall, and setting up a walker.Then, July first just before 2 a.m. a different man walks a bicycle in, surveys the mailboxes with a flashlight, talking with a friend who walks in behind him carrying two bags. The second man said he stays there a lot.July 16th, around 3 a.m. a man looks like he's arranging an area to sleep. July 24th, at 11:44 p.m. a woman comes in sits down and charges her phone. The caption on the video says the landlord removed the electrical outlet after the video was recorded.July 31st around 10:15 p.m. the owner spoke through the Ring doorbell, asking if she could help the homeless man who was sleeping in front of her business. He replied, "No you can't help me with anything, thank you though, I'm just sitting here for a minute, thank you for interrupting my peace and quiet, thank you. I hate humanity, I hate people." She responded, "Well you're actually on private property right now," he fired back, "I'm on private property everywhere I go, I don't care." He then told her to burn in hell, packed up and left."It's infectious for every neighborhood," neighbor Jeff Olson said. He moved into the neighborhood in April and says he doesn't see as many homeless people in Mission Hills compared to El Cajon."It's a shame. What do you do? They have nowhere to go, you can't arrest them, that would tax another system, you know?" Olson wishes there was a solution for them. 1907

SAN DIEGO (KGTV) — A lifelong San Diego resident says he's sick of seeing overgrown brush in local medians — and he's willing to put himself in the weeds to resolve it.Adam Huntington says the weeds are giving local beach towns a bad look."Great people, great vibes, unfortunately our aesthetics aren't matching up to the great vibes right now," Huntington says. Next to a traffic sign, he says, "the weed was literally growing this high all around this."While some may be used to the weeds sprouting from Mission Blvd. medians, Huntington said he can't ignore the eyesore anymore. "I don't think anyone wants to see their beach look like this when the come to visit it," Huntington said.So the mortgage loan officer has been cleaning up the medians in his spare time. He first uses a weed wacker to cut down the brush, then rakes out the weeds, and finally sweeps and cleans them up. He's been posting his progress on social media. And it's not just Mission Beach.Clairemont Lutheran Church is doing similar work, organizing volunteers to clean up overgrown medians.Huntington has complained to the city and is frustrated with their response. But officials tell us they are trying to make this issue a priority.The mayor's allocated over a million dollars for vegetation and brush abatement in the current fiscal year. With that money the city has cleaned up weeds on 42 miles of median, completing more than 200 requests since July 1. The city blames excessive weed and vegetation growth to the wet winter and spring. Huntington plans to tackle other areas of the city, and says he'd be pleasantly surprised if the city beats him to it. 1646

SAN DIEGO (KGTV) — A San Diego craft brewery hit hard by the coronavirus pandemic is taking the rare step of opening a restaurant, despite the region going into the state's most restrictive purple tier.Dennis O’Connor says the pandemic hurt Thorne Brewing Company the moment the first shut down kicked in back in March.“It wasn't so much that nobody was coming in, but you also lost all those bars and restaurants that were buying your product,” said O’Connor, who co-founded the brewery in 2012.Not to mention, the price of cans increased, hitting the craft brewer’s distribution.Thorne operates three locations in San Diego County, at least one of which will likely have to shut down as the region enters the most restrictive purple tier, outlawing indoor dining. The restrictions take effect midnight Saturday, to help stop the increased spread of the coronavirus. “We are nowhere near thriving,” O’Connor said. “It’s survival at best.”But O’Connor has a new tool for survival.Connected to Thorne’s Barrio Logan location is a new full service distillery and wood-fired pizza restaurant the brewery finished in march, but never opened. O’Connor says it was a multimillion-dollar project that took years.“It was pretty much just a big blank warehouse,” he said.While the interior can't open, Thorne is converting the restaurant’s outdoor patio into its own barbecue eatery, with a bar in the back called Sideyard Barbecue by Hot Mess (the name of the adjacent pizza restaurant) . It'll seat 84 people and opens to the public Nov. 19.“If outdoor is the new norm then let's do an outdoor and let’s kick (butt) on it,” O’Connor said. “Let's not put it in the street, let’s not put it in a barn tent, let's do something special. So that's what this is.”O’Connor said he hopes the barbecue can help get Thorne and its now-limited staff through the pandemic. 1861

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