Accessory Dwellings and Rethinking Town Ordinances
Baby Boomers are retiring at the rate of 10,000 a day. It is time to rethink the housing needs of our aging population. The housing market today doesn’t offer a lot of housing options for the empty nester buyer. Anybody in the real estate industry will confirm that not enough lots or communities built or in planning stages to meet the needs of the plus 50 crowd. Nor are the ordinances for Accessory Dwelling Units in line with our current needs.
As a society we are starting to have a conversation regarding dual living capacities. Aging parents moving in with children, or retirees building collective spaces to be shared. City and local planning boards are rethinking zoning laws to allow for an accessory dwelling. People are looking to live closer to their downtowns. Building an accessory dwelling is an affordable option for the occupant and a stream of income for the home owner.