Oakland is expected to add 6,800 new housing units to the market this year.
News you don't want to miss for Aug. 12:
1. Oakand is now outpacing San Francisco in building more housing units this year
, the San Francisco Chronicle
reports. Oakland is slated to produce 6,800 new units to San Francisco's 4,700. $$
2. "Alameda County’s District Attorney’s office announced a $1.5 million settlement with 7-Eleven on Monday
, saying the Dallas convenience store chain had failed to fully follow state law when training employees on handling hazardous materials," the San Francisco Chronicle
3. In a reversal of a trend in the East Bay recently, El Cerrito remvoed its just-cause renters protection ordinance from its books amid pressure from landlords
, the East Bay Time
s reports. A similar chain of events occurred in Alameda two years ago before the city council re-introduced just-cause earlier this year. $$
4. Even before the Ghost Ship warehouse fire, artists in Oakland were struggling to keep a home. After the deadly fire it become worse. The San Francisco Chronicle
reports what is left of available space for artists is being gobbled up by the lucrative cannabis industry
5. Housing prices in the Bay Area are dropping. Make no mistake, they remain sky-high, but the Mercury News
reports one symbol of the red-hot housing market is becoming rare, ultra-competitive bidding wars for homes
$$ = Stories you may have to pay to read.