We know that high real estate prices are one driver of accessory dwelling (ADU) development. In this context, accessory dwellings become a more affordable housing option, not necessarily a deeply affordable option, as this article reveals.
Three other interesting points:
1. Developing ADUs as condominiums. ADUs are new enough in so many places that development and financing are still pretty demanding. Alternatives are always welcome.
2. Restricting ADUs to older adults, only. This seems like a great idea to us, and would certainly lower some community resistance. But it seems difficult to enforce and constitutionally challenging in many places.
3. We need to continually emphasize the need for age friendly design for all units that are intended for use by older adults.
Full Article here