BREAKING NEWS Redding Police find missing Redding woman dead Tuesday morning Full Story
BREAKING NEWS Modoc, Lassen moving out of most restrictive COVID-19 tier Full Story
BREAKING NEWS Biden vows enough vaccine for all US adults by end of May Full Story
BREAKING NEWS Texas becomes biggest US state to lift COVID-19 mask mandate Full Story
STREAMING NOW: Watch Now

Chico State virtual semester causing concerns for landlords

Chico State's transition to online classes is causing concern for some local landlords.

Posted: May 28, 2020 5:41 PM
Updated: May 29, 2020 10:21 AM

CHICO, Calif. - With Chico State's transition to online classes for the fall, we will likely see impacts in our local housing market.

Some landlords told Action News Now they plan on lowering rent to fill their vacancies. While others aren't being impacted because some people had already signed leases before the transition.

David Halimi, who is a landlord in Chico says if the situation continues we will likely see drops in rent prices. "There will be a lot of vacancies and prices will come down to attract the few who are looking for places," said Halimi.

Halimi says he hasn't seen major impacts at this time because some students had already signed up for leases before the announcement was made and some still plan on moving to Chico.

While the university has announced that the majority of classes will be online, there has also been discussion about offering a few in-person classes.

Another landlord who did not want to go on camera but owns houses across the street from the university says he already started reducing rent prices. He says some students who had signed leases opted out and he is seeing more vacancies than in the past. 

Action News Now reached out to nearby apartment complexes and most declined to comment at this time.

Chico State President and other university officials are holding a coronavirus related Zoom meeting Thursday night with Vice Mayor Alex Brown and councilman Randall Stone, student housing will be discussed during that meeting.

California Coronavirus Cases

Data is updated nightly.

Cases: 3573549

Reported Deaths: 52491
CountyCasesDeaths
Los Angeles119295421467
Riverside2897733792
San Bernardino2867552940
Orange2614083921
San Diego2606253303
Santa Clara1107551781
Kern103422877
Fresno955481443
Sacramento935281484
Alameda807771242
Ventura77749852
San Joaquin668291126
Contra Costa62720681
Stanislaus56235949
Tulare48013761
Monterey42261328
San Mateo39059515
San Francisco34291422
Santa Barbara32050413
Solano30115164
Merced29147401
Sonoma28193298
Imperial26909635
Kings22082220
Placer19861232
San Luis Obispo19696235
Madera15496214
Santa Cruz14671183
Marin13231197
Yolo12851185
Shasta11017174
Butte10970163
El Dorado9160100
Napa905369
Sutter888097
Yuba577337
San Benito577261
Lassen562419
Tehama508652
Nevada397274
Tuolumne396059
Mendocino381643
Amador346641
Humboldt321033
Lake316441
Glenn223023
Colusa213613
Calaveras191049
Siskiyou176014
Inyo131337
Mono12144
Del Norte10035
Plumas6536
Modoc4564
Mariposa3957
Trinity3705
Sierra1000
Alpine820
Unassigned00
Chico
Partly Cloudy
72° wxIcon
Hi: 74° Lo: 37°
Feels Like: 72°
Oroville
Partly Cloudy
71° wxIcon
Hi: 71° Lo: 49°
Feels Like: 71°
Chico
Partly Cloudy
72° wxIcon
Hi: 66° Lo: 46°
Feels Like: 72°
Red Bluff
Partly Cloudy
73° wxIcon
Hi: 53° Lo: 16°
Feels Like: 73°
Red Bluff
Clear
73° wxIcon
Hi: 70° Lo: 41°
Feels Like: 73°
Chico
Partly Cloudy
72° wxIcon
Hi: 76° Lo: 40°
Feels Like: 72°
Sunshine and 70s for the next few days with a few clouds today the farther south you are located. We cool down this weekend with rain chances. Showers continue into next week.
KHSL Severe
KHSL Radar
KHSL Temperatures

Community Events