Yes.
Seems like a by your own logic comment here.
You're right—we are limited in what is and isn't an HOA—the public data isn't great. We're working on it! For space—you'd be surprised what we can fit, but there are certain lots where it will be impossible without…
This law actually exists in Oregon and parts of Minneapolis. ADU laws were only in Oregon and Washington until recently, California's State-wide ADU push was part of a nationwide reform towards ADUs. The same is…
We aren't solving the affordable housing crisis in one fell swoop. We are bending/slowing the insane growth in SFR prices and slowing/ending homeowner displacement. As we scale we'll make a meaningful impact, but the…
For home value: It's about 5-12% decrease depending on the setup--in extreme cases as bad as 15%. We haven't had a pre-assessment come in lower than 15% (the homeowner still going to make a lot——it's a large property).…
I mean, in theory me, who has spent their whole life working on solving problems in the physical world at scale—-for the last 4 years working on housing—- could run a scam that was horrible for homeowners and then get…
Great Q! As of now, the homeowner has to refinance on the smaller lot. We have a partner that will do it at the time of application, and underwrite it in consideration of the future income.It hasn't been a problem to…
No, I'm so sorry! We'd love to one day, but we avoid consulting—we find that without an eye on the whole process, projects can still go very awry and the consultant is left with the blame. It's why we started…
To date, every infill residential project is custom. Even if its a pre-designed plan on the internet, its a different city, different material supplier, different local architect, different contractor--every time. We…
Amazingly, the state minimum is 2,400 sq ft. If you can split into two 1,200 sq ft units, you are allowed to build 800 sq ft single unit or two 800 sq ft units as-of-right! Tiny homes for everyone!
I am doing it as soon as I purchase a house! I couldn't afford one until SB9—I could make the down payment, but because of my low income (obviously its relative) it would be hard to make loan payments. With SB9, I can…
Well, voters capped their ability to make money on property tax, so is that the state's fault? (Also it has a budget surplus?)
I think this is sort of a memory bandwith/memory capacity metaphor mix.
Hi! Great questions and let me see if I can answer them: HFZ: Yes, sadly—though i think there is good logic to prohibit more density in fire prone area, and HOAs are already dense, so in your case it doesn't make sense.…
Uh... do you want this (https://www.neom.com/en-us/regions/whatistheline) ? There is a prince in Saudi Arabia who'll do it for you! Interestingly, California is one of the lower direct carbon footprint per capita…
We pass through building costs, there is perfect alignment in our incentives, which is to maximize sales price.
There is a non-zero chance—-very unlikely: it would require a 50%-60% decrease in housing prices—-that they could lose the backyard without making income. The weighted probability might lower the Expected Value 1k. That…
We disagree! Most people do not have access to the equity underneath their feet—they do not have the income to utilize it as cash, and so it amounts to golden handcuffs. We enable middle and lower income homeowners to…
Great Q! For a sb9 lot split, the homeowner legally must intend to stay in place on one of the lots for 3 years—we haven't seen a measurable price hike for SB9 eligible lots. We've built a lot of ADUs and they rent…
Yes.
Seems like a by your own logic comment here.
You're right—we are limited in what is and isn't an HOA—the public data isn't great. We're working on it! For space—you'd be surprised what we can fit, but there are certain lots where it will be impossible without…
This law actually exists in Oregon and parts of Minneapolis. ADU laws were only in Oregon and Washington until recently, California's State-wide ADU push was part of a nationwide reform towards ADUs. The same is…
We aren't solving the affordable housing crisis in one fell swoop. We are bending/slowing the insane growth in SFR prices and slowing/ending homeowner displacement. As we scale we'll make a meaningful impact, but the…
For home value: It's about 5-12% decrease depending on the setup--in extreme cases as bad as 15%. We haven't had a pre-assessment come in lower than 15% (the homeowner still going to make a lot——it's a large property).…
I mean, in theory me, who has spent their whole life working on solving problems in the physical world at scale—-for the last 4 years working on housing—- could run a scam that was horrible for homeowners and then get…
Great Q! As of now, the homeowner has to refinance on the smaller lot. We have a partner that will do it at the time of application, and underwrite it in consideration of the future income.It hasn't been a problem to…
No, I'm so sorry! We'd love to one day, but we avoid consulting—we find that without an eye on the whole process, projects can still go very awry and the consultant is left with the blame. It's why we started…
To date, every infill residential project is custom. Even if its a pre-designed plan on the internet, its a different city, different material supplier, different local architect, different contractor--every time. We…
Amazingly, the state minimum is 2,400 sq ft. If you can split into two 1,200 sq ft units, you are allowed to build 800 sq ft single unit or two 800 sq ft units as-of-right! Tiny homes for everyone!
I am doing it as soon as I purchase a house! I couldn't afford one until SB9—I could make the down payment, but because of my low income (obviously its relative) it would be hard to make loan payments. With SB9, I can…
Well, voters capped their ability to make money on property tax, so is that the state's fault? (Also it has a budget surplus?)
I think this is sort of a memory bandwith/memory capacity metaphor mix.
Hi! Great questions and let me see if I can answer them: HFZ: Yes, sadly—though i think there is good logic to prohibit more density in fire prone area, and HOAs are already dense, so in your case it doesn't make sense.…
Uh... do you want this (https://www.neom.com/en-us/regions/whatistheline) ? There is a prince in Saudi Arabia who'll do it for you! Interestingly, California is one of the lower direct carbon footprint per capita…
We pass through building costs, there is perfect alignment in our incentives, which is to maximize sales price.
There is a non-zero chance—-very unlikely: it would require a 50%-60% decrease in housing prices—-that they could lose the backyard without making income. The weighted probability might lower the Expected Value 1k. That…
We disagree! Most people do not have access to the equity underneath their feet—they do not have the income to utilize it as cash, and so it amounts to golden handcuffs. We enable middle and lower income homeowners to…
Great Q! For a sb9 lot split, the homeowner legally must intend to stay in place on one of the lots for 3 years—we haven't seen a measurable price hike for SB9 eligible lots. We've built a lot of ADUs and they rent…