Reply to Say it with me: ADUs drive housing prices UP not down

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Reply to "Say it with me: ADUs drive housing prices UP not down"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Because now I can rent that ADU instead of having to live way far out.  Unless you think ADU rent will be the same as a similar unit not in someone's back yard.[/quote]

So you want to trade a minor reduction rental costs for a huge increase in the cost of buying a home? No thanks. All that is doing is increasing inequality. The way most people build wealth is by owning a home and this will make home ownership even harder. [/quote]

Ummm the rent from the ADU increases the ability of the homeowner to cover the mortgage and by doing so makes the house more affordable - do you really not understand that?

But most importantly it increases the housing supply which is good for people who need housing.  Which happens to be everyone.[/quote]

Yes, it does both of these things. What a weird complaint OP![/quote]
Income generating capacity increases the value of the property. You don’t seem to have thought this through. [/quote]

Sure, and it also increases housing stock. The total cost for housing on that parcel - owner's equivalent rent + rent from ADU, divided by two - is lower than under the regime in which no ADUs can be built.[/quote]

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