For the City
They increase affordable rental housing, utilize existing house stock without compromising the scale and character of neighborhoods, encourage better housing maintenance and neighborhood stability, reduce sprawl and environmental footprint, and are viable alternative to larger scale housing projects
For the Homeowner
They provide rental income, offer a private living unit for family members or friends, create aging in place opportunities and increase property values
For the Renters
They offers affordable rent and access to amenities in single family neighborhoods such as privacy, quieter environment and less traffic congestion
More in tomorrow's blog about the policy changes proposed by the City of Seattle. Stay tuned!
Happy Investing!
Today's blog courtesy of David Taber, Neiman Taber Architects
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