Debashis
Well-known member
- Sep 5, 2023
- 280
- 50
For those interested in investing in accessory dwelling units (ADUs) in Sacramento County, there's an intriguing development to note. The county witnessed a remarkable surge in ADU permits, nearly tripling from 2021 to 2022, resulting in the completion of 237 units just last year, as reported by the California Department of Housing and Community Development. While the exact cause behind this significant increase remains uncertain, it is speculated to be a response to the high rental costs and the growing demand for affordable housing.
Furthermore, there are two proposed bills at the state level that could potentially further boost ADU construction in California. Assembly Bill 1033 seeks to grant cities the authority to decide whether property owners can sell ADUs separately, while Assembly Bill 976 aims to permanently remove the requirement for property owners to reside in their ADUs, allowing them to rent out these properties instead. Stay tuned for further developments, and consider how these changes may impact your investment plans. You can access the full story here for more details.
Furthermore, there are two proposed bills at the state level that could potentially further boost ADU construction in California. Assembly Bill 1033 seeks to grant cities the authority to decide whether property owners can sell ADUs separately, while Assembly Bill 976 aims to permanently remove the requirement for property owners to reside in their ADUs, allowing them to rent out these properties instead. Stay tuned for further developments, and consider how these changes may impact your investment plans. You can access the full story here for more details.
- Location
- Sacramento County, California, United States