How would a massive earthquake impact California’s housing shortage?
The answer is obvious. A major earthquake that hits densely-populated urban areas would make California’s housing shortage much worse.
Such an earthquake could take a heavy toll on California’s affordable housing supply, particularly the older, soft-story apartment buildings that are most at-risk of […]
Insurance carriers continue to closely monitor California’s earthquake liabilities, much like they track risks from wildfires, floods, and hurricanes. With seismologists warning that California is overdue for a major earthquake, property owners and insurance providers alike are growing increasingly concerned. As these risks escalate, so do the costs associated with […]
Chances are you felt at least one of the many earthquakes that rattled Southern California last month.
The initial 6.4-magnitude quake near the desert community of Ridgecrest was just a precursor to a larger 7.1-magnitude giant, with many other quakes to follow in the days succeeding these temblors.
It can be a […]
People often reference the Northridge earthquake of 1994 when they speak about seismic disasters. After all, it’s something many of us experienced first-hand: an event that we can relate to.
The 6.7-magnitude thrust of the quake rattled Southern California a mere 10 to 20 seconds and caused $67 billion in widespread […]
I recently ran across the following question in a social media post:
Q: Is there a way to know how safe your apartment building is in case of an earthquake?
One person answered that if the apartment is still standing, it has survived everything until now — wrongly implying the building must […]
Earthquakes are a constant threat in California. “The Big One” can hit anytime, and cause severe damage to vulnerable apartment buildings, along with death and injuries.
Apartment buildings with a “soft-story” are particularly at-risk of earthquake damage. Soft-story buildings usually have a large, open ground floor space like a parking area, […]
After the Anheuser-Busch brewery in Van Nuys suffered significant damage in the 1971 Sylmar earthquake, the company invested $11 million to retrofit structures to withstand the next major temblor – which struck in 1994 with the Northridge quake.
Even though the brewery was located just a few miles from the epicenter […]
Real estate trends are fueled by popular opinion. Wood paneling and shag carpet have long since made way for today’s bright walls and wood-style flooring. Functionality has changed as well, with tenants demanding larger open spaces, natural light, and now — seismic safety.
A whopping 80% of Los Angeles residents support […]
I recently ran across the following question in a social media post:
Q: Is there a way to know how safe your apartment building is in case of an earthquake?
One person answered that if the apartment is still standing, it has survived everything until now — wrongly implying the building […]
Small businesses, the lifeblood of the U.S. economy, are often the first to suffer from natural disasters such as earthquakes.
Although they create two-thirds of new jobs and stimulate economic growth – particularly in our region’s underrepresented communities – small businesses are often least prepared to withstand disasters
The COVID-19 pandemic brought […]
