Welcome to the December 17, 2020 Main edition of The HomeWork, the official newsletter of California YIMBY — legislative updates, news clips, housing research and analysis, and the latest writings from the California YIMBY team.
The Impact of Minimums: A Little, or a Lot?
- Higher minimum lot sizes result in higher-income neighborhoods. Specifically, data from Wake County, NC showed that “a decrease in the allowed density by one dwelling unit per acre implies an increase in average neighborhood income by 4.5%”
- Neighborhoods that mandate larger lots also see higher house prices. On average, the study finds “lots are 19% larger and houses 7.5% more expensive on the more regulated side of a minimum lot size boundary.”
- Big lots are themselves a luxury amenity. By modeling households’ neighborhood choices, the paper estimates that relaxed minimum lot standards (allowing more homes per acre) would open up high-amenity neighborhoods to middle class residents.
Why Do Homeowners Choose to Build ADUs?
- In Los Angeles, parcels with higher land value and larger homes (though not necessarily on larger lots) saw more ADU construction.
- Adding an ADU increases the value of a property by about 50%.
- Proximity to amenities such as public transit are strong predictors of homeowners choosing to embark on future ADU construction.
- California Legislature needs to extend eviction reprieve for tenants
- Will our moral compass point toward housing opportunity?
- First-Time Home Buyers Feel the Squeeze
- Want More Transit? Develop and Tax the Land Around Stations
- Here’s why Marin continues to be the Bay Area’s most segregated county
- New Senate Transportation Chair Should Be a Climate Champion
A new animated video released early last week by California YIMBY explains the cause of the state’s housing shortage and affordability crisis, and sounds a call for Californians across the state to join the YIMBY movement to legalize housing in the state’s cities.
The video, which focuses on a fictional nurse named Gabriella, explains the history of how California’s cities engaged in racist “redlining” and subsequently made it illegal to build multi-family housing in most neighborhoods across the state.
Share the good word
We welcome your ideas and feedback — send story tips and ideas to Homework@cayimby.org.