Wednesday, January 6, 2016

Porter Ranch Gas Leak: State of Emergency

Porter Ranch, CA has been swimming in a gas leak for months now.  The nearby Aliso Canyon storage facility has a problem on their hands and it seems as if no one has a definite answer or date as to when or how this will be resolved.  Residents in and near Porter Ranch have complained of the smell coming from the gas as well as possible health issues resulting from the leak as well.  As a real estate agent, I have received many calls asking to help relocate people from the area while they are searching for a solution. All of this is taking a huge effect on the people that live there, the businesses that depend on that area, the schools, day cares and much much more. If you're not familiar with Porter Ranch, it is an area in the northern part of Los Angeles located within the San Fernando Valley just above Encino, Van Nuys, and Northridge and just below Santa Clarita which is separated by the Santa Susana mountains. Residents of this area are relying on relocation companies to help them pay for temporary housing while the issue is being addressed.  But Porter Ranch is by no means just a few houses. It holds a lot of people.  And LA already has a tight rental market so this whole process has left many families calling local hotels home for now.  Governor Brown just declared this a State of Emergency  But we all wonder, what are the effects of this that have yet to be seen?  We know this will have an effect on the home owner's property value, at least for the near future, but how long will last?  And what about the animals that live in and around this mountain range? And by the way, with all the rain we are having, does that wash the gas into the soil and streams?  I'd sure like to know!

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