08.31.2023 - ADU
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A Trend in Senior Housing: Accessory Dwelling Units (a.k.a. in-law suites)
Presented by Kol Peterson, Accessory Dwelling Strategies
Accessory dwelling units (ADUs) — also known as in-law suites or guest cottages - are growing in popularity with an estimated 1.4 million units and counting. Continued growth of ADUs is inevitable, given demographics, the lack of housing inventory and the support of organizations like AARP.
This program featured Tiny House and ADU expert Kol Peterson, who provided an overview of ADUs, and their place and role in the US housing.
Attendees Comments:
A few comments from listeners:
I now have a great sense of the time it takes from start to finish to complete an ADU, in addition to the financial commitment. Fantastic presentation.
- Kelly N.
Very good information about a topic that I was not aware of! Thanks!
- Barbara B.
Thank you for addressing the fear of being a landlord. In Oakland, Berkeley and San Francisco, the risk is very high regarding tenants. During the pandemic, landlords could not evict tenants in Oakland who had not paid and landlords still can't get blood out of a turnip. Then there is the issue of rent control. Scarry.
- Paul K.
Interesting concept for larger lots in cities. I'm in the suburbs and don't personally have the space to add anything except perhaps a basement conversion.
- Paul M.
I learned the costs involved and timeframe. Need for this type of housing and possibilities for income. Very knowledgeable!
- Louise S.
I now have a great sense of the time it takes from start to finish to complete an ADU, in addition to the financial commitment. Fantastic presentation.
- Kelly N.
Very good information about a topic that I was not aware of! Thanks!
- Barbara B.
Thank you for addressing the fear of being a landlord. In Oakland, Berkeley and San Francisco, the risk is very high regarding tenants. During the pandemic, landlords could not evict tenants in Oakland who had not paid and landlords still can't get blood out of a turnip. Then there is the issue of rent control. Scarry.
- Paul K.
Interesting concept for larger lots in cities. I'm in the suburbs and don't personally have the space to add anything except perhaps a basement conversion.
- Paul M.
I learned the costs involved and timeframe. Need for this type of housing and possibilities for income. Very knowledgeable!
- Louise S.
I now have a great sense of the time it takes from start to finish to complete an ADU, in addition to the financial commitment. Fantastic presentation.
- Kelly N.
Very good information about a topic that I was not aware of! Thanks!
- Barbara B.
Thank you for addressing the fear of being a landlord. In Oakland, Berkeley and San Francisco, the risk is very high regarding tenants. During the pandemic, landlords could not evict tenants in Oakland who had not paid and landlords still can't get blood out of a turnip. Then there is the issue of rent control. Scarry.
- Paul K.
Interesting concept for larger lots in cities. I'm in the suburbs and don't personally have the space to add anything except perhaps a basement conversion.
- Paul M.
I learned the costs involved and timeframe. Need for this type of housing and possibilities for income. Very knowledgeable!
- Louise S.