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][quote=Anonymous][quote=Anonymous]The "Smart Growth" lobbyists are trying to push the council to allow for two story ADUs with a 650 sf footprint.  That's a 1300 sf house.  And they want DC to get rid of the requirement that the owner of the primary dwelling on the property has to live there while the ADU is rented.  Seems like a way to undercut single family home zoning and open the door to sales to investors.  It will drive prices up and not do a thing for affordable housing.  If I spend $300k to build an ADU, I'm going to rent it at market.[/quote]

The owner could live in the ADU and rent out the house,. Why would that be an issue?[/quote]

That would totally be fine.  I think the issue is whether an investor should be able to buy and rent both, with no residency requirement.[/quote]

Would be better if investors were not allowed to do this. Homes should be for people, not for pure rent-seekers.[/quote]

People would be living in them. There's no rent if there's nobody living in it.[/quote]

Sure, but ADUs represent a very good opportunity to expand housing and density without bringing in commercial landlords. If we're waving our magic wands and making ideal policy in this thread, why not ban investors from owning and operating them? I'd like to see both more housing and less profit motivation in housing construction.[/quote]

I'd like to get rid of all of the ways we subsidize homeownership and penalize renters, but in the real world, I don't support imposing residency requirements on property owners.[/quote]

It's not a residency requirement on all property owners. It's a condition for renting out an ADU on your property. Again, if we're making up imaginary policy, why limit yourself to what you think is achievable in the real world? Completely agree with you on eliminating homeownership subsidies and penalizing renters; I also want developers, investors, commercial landlords and, generally "the market" to have less power in housing. (Which is why I recognize all my ideas are going to remain in the realm of made-up imaginary policy.)[/quote]

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