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If one thing comes from ADU related wins being that there is a decoupling of mortgage cost to rent then that should be massively encouraged everywhere. In fact
by xt00 3y ago
If one thing comes from ADU related wins being that there is a decoupling of mortgage cost to rent then that should be massively encouraged everywhere. In fact give tax breaks to people who build them even. Basically the idea that in a time when mortgage rates are 7% plus on a 1M house, and somehow you can find a rental for less than whatever that would cost is so unlikely that you have tons of people fighting for the rare case when that happens. But with an ADU it’s just a random additional space that could easily house a couple of people and charging a low rent and low utilities for that seems super likely. In particular imagine the amount of older people who have a large enough back yard and might benefit a bunch from additional income and having a neighbor close by to look in on them occasionally.. seems like with the aging population in US it’s a win win.