- Building a home known as an accessory dwelling unit could be a novel solution to low housing supply.
- ADUs are units built on the lot of an existing home and tend to be cheaper to construct and live in.
- Higher rates have frozen the housing market, leading to a national shortage of homes for sale.
The housing market has never been this unaffordable.
A big problem is extremely low supply, and that could lead to a trend of eager homebuyers building a kind of house—known as an accessory dwelling unit—in the yard of an existing home, according to two researchers at Miami University.
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