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]We live in a starter home with a decent sized yard. We could easily fit an ADU and we could pay for it by borrowing against the appreciation in the value of our home. And that would increase the value of our home overnight by probably 30 percent.

How exactly does that help affordable housing? How does that help someone trying to save up to buy their first home, a starter home like ours? All it does it drive the price of our starter home beyond the budget of anyone who would be in the market for a starter home.

I can't tell if the D.C. government is cynical or just stupid in how they portray policies that are designed to enrich developers and people who already own homes as somehow helping everyone else. [/quote]

Your property will be more valuable, but the increased number of rental units will help stablize the rental market, which is where affordability is needed.[/quote]

And the government will tell you how much rent you charge but not collect. So win-win?[/quote]

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