“While the bar for affordability is low—one 748-square-foot property included in the report sold for $610,000 in 2022—“ Sorry, the bar is LOW?
In California, you can now sell your ADU
31–40 of 108 posts
Re: In California, you can now sell your ADU
#32ADUs seem like a bandaid solution for lack of housing supply in desirable areas. Not that I think they shouldn't be legal, but we're talking about paying hundreds of thousands of dollars for what amounts to a shed in someone else's backyard just because you want to live in Seattle, SF, etc. It's so bizarre, and if this solution is taken to its logical end, you literally have cities full of single-family homes with a…
I know at least two properties with ADUs larger than their primary residences.
Re: In California, you can now sell your ADU
#33US standard of living is decreasing and will never come back. Many economic anomalies can be observed to prove this: inflation is just one. But I think the most dangerous anomaly has been real estate. In, what is ostensibly the most progressive, most prosperous state in the union, you can build a "mini house" (accessory dwelling unit) on your property and rent it out. The ideal target market would be my generation (m…
Lets keep overpopulating ad infinitum (because we are told that's the only way the economy grows) and see where we are in 100 years.
Re: In California, you can now sell your ADU
#34Earlier quoted context omitted.
Doesn't this law change work to support the creation of new housing units?
I would think so. Not sure why there's so much negativity about it here.
Re: In California, you can now sell your ADU
#35US standard of living is decreasing and will never come back. Many economic anomalies can be observed to prove this: inflation is just one. But I think the most dangerous anomaly has been real estate. In, what is ostensibly the most progressive, most prosperous state in the union, you can build a "mini house" (accessory dwelling unit) on your property and rent it out. The ideal target market would be my generation (m…
California tech companies are enabling remote work, so there's that.
Re: In California, you can now sell your ADU
#36"the bill requires cities to opt into the program." How many cities will ever sign up for this?
To be fair, however, they did pass an ordinance that allows up to 6 units per lot and condo subdivision, but the catch is that the extra units are rent controlled, making them less appealing for unsophisticated buyers (https://sfbos.org/sites/default/files/o0210-22.pdf).
Re: In California, you can now sell your ADU
#37ADUs seem like a bandaid solution for lack of housing supply in desirable areas. Not that I think they shouldn't be legal, but we're talking about paying hundreds of thousands of dollars for what amounts to a shed in someone else's backyard just because you want to live in Seattle, SF, etc. It's so bizarre, and if this solution is taken to its logical end, you literally have cities full of single-family homes with a…
I know at least two properties with ADUs larger than their primary residences.
Re: In California, you can now sell your ADU
#38ADUs seem like a bandaid solution for lack of housing supply in desirable areas. Not that I think they shouldn't be legal, but we're talking about paying hundreds of thousands of dollars for what amounts to a shed in someone else's backyard just because you want to live in Seattle, SF, etc. It's so bizarre, and if this solution is taken to its logical end, you literally have cities full of single-family homes with a…
ADUs are one relatively small tool for providing additional supply of housing in places where it is politically hard to do so. There is no way they will solve the problem on their own, but they do help, and we need all the help we can get. As far as being "sheds", plenty of them are quite nice and well done. Small yes, but small units are perfectly appropriate for, say retirees, or students, or many other demographic…
Yah, but this is different from when we have a separate marketplace of these units. They're going to end up unbundled from the nearby house pretty quickly.
Re: In California, you can now sell your ADU
#39California politicians will do everything possible to relieve the housing crisis, except build new housing.
Re: In California, you can now sell your ADU
#40I’ve resigned myself to the fact that California has signed a suicide pact with real estate speculators that can’t be revoked because of the political consequences of enacting policies that cause prices to go down or even stabilize. Like with the homeless crisis (which is the direct result of the housing crisis), the state will waste billions doing anything and everything to look like they’re working on the problem,…
The homeless crisis is better described as a mental health and substance abuse and addiction crisis.