77% of homeowners and renters support adding more housing options in residential neighborhoods to help improve affordability

<br /> 77% of homeowners and renters support adding more housing options in residential neighborhoods to help improve affordability<br />

PR Newswire


  • Majority of homeowners and renters support allowing backyard cottages, duplexes and triplexes in residential neighborhoods

  • Renters and homeowners throughout 26 major metropolitan areas largely agreed that allowing modest densification in residential neighborhoods would make housing more affordable and positively impact their communities



SEATTLE


,


April 11, 2022



/PRNewswire/ — There is broad support to allow backyard cottages, duplexes and triplexes in residential neighborhoods, according to a



new Zillow survey



covering 26 U.S. metropolitan areas struggling with housing affordability. The new research found that 77% of all homeowners and renters surveyed voiced support for construction of either new accessory dwelling units (

ADUs

), duplexes, or triplexes in residential neighborhoods.

A clear majority of homeowners surveyed, 73%, voiced support for at least one modest densification option, including either the construction of new backyard cottages or the building of new duplexes or triplexes. Support among renters was even higher, with 84% of renters supporting at least one modest densification measure in neighborhoods to help increase housing supply. Research has shown that modest densification through the addition of accessory dwelling units (ADUs), duplexes and triplexes could yield millions of new homes nationally, helping slow runaway price growth and improving access to public transit.

“We are facing a housing crisis that’s touched most communities across the country, pushing housing affordability to the center of the conversation for many,” said

Manny Garcia

, a population scientist at Zillow. “One of the most effective ways out of this crisis is to build more homes. Modest densification measures, like adding a small apartment in a backyard or converting existing homes into duplexes, could create millions of new homes.”

Zillow’s


survey


asked homeowners and renters how to best address affordability issues




during a red-hot real estate market


defined by limited housing inventory, rising interest rates, a steady increase in home prices and climbing rents across the country. These factors are


compounded by a lost decade of new home construction


that caused a shortfall of 1.35 million new homes in 35 metro areas alone. This latest survey, along with


previous research


, shows a growing consensus among homeowners and renters that more housing should be created in their own neighborhoods to address affordability.

“This survey shows that residents of more than 20 major U.S. metros — including homeowners — understand that building more homes in our neighborhoods is a credible and viable policy tool to increase housing supply and address affordability, while leaving a positive impact on their community in the long term,” said Garcia.



Total Homeowner & Renter

Support for Either ADUs or

Duplexes/Triplexes



Homeowner Support

for Either ADUs or

Duplexes/Triplexes



Renter Support



for Either ADUs or

Duplexes/Triplexes



National



77%



73%



84%


Atlanta


72%


68%


78%


Boston


84%


80%


88%


Chicago


79%


76%


87%


Cincinnati


72%


69%


78%


Dallas


80%


79%


82%


Denver


79%


72%


93%


Detroit


70%


65%


82%


Houston


76%


73%


83%


Jacksonville


73%


70%


81%


Las Vegas


75%


71%


79%


Los Angeles


84%


78%


89%


Miami


78%


73%


87%


Minneapolis


75%


73%


81%


Nashville


75%


68%


89%


New York


73%


69%


77%


Philadelphia


77%


75%


80%


Phoenix


81%


78%


87%


Sacramento


78%


71%


90%


San Diego


80%


76%


88%


San Francisco


79%


73%


86%


San Jose


84%


82%


88%


Seattle


78%


74%


84%


Spokane


86%


84%


94%


St. Louis


74%


69%


87%


Tampa


79%


76%


85%


Washington, D.C.


80%


74%


91%

Allowing ADUs, duplexes and triplexes is often referred to as “modest densification,” creating small to medium housing types that fall between single-family homes and large multifamily apartment buildings.




Research has shown


that targeted modest densification measures, such as allowing for two units of housing on a fraction of single-family lots in large U.S. metros, could add 3.3 million homes to the nation’s housing stock, helping boost critically needed housing supply in the years to come.

Highlighting how important the issue of affordability has become in recent years, 61% of respondents agreed that affordable housing in their neighborhood is more important than preserving free parking for themselves. Additionally, a majority of respondents said that allowing duplexes and triplexes in residential neighborhoods would have a positive impact on housing affordability, access to public transportation, and access to amenities like parks and restaurants.

The survey was conducted in 26 metro areas across the country, garnering responses from more than 12,000 individuals. Across metros, support for modest densification was strong, with at least 70% of respondents expressing support for construction of ADUs, duplexes or triplexes in neighborhoods.

Large metros that have long faced affordability challenges, such as

San Jose

,

Los Angeles

and

Denver

, clearly support modest densification. As do growing Sun Belt areas like

Phoenix

,

Tampa

,

Jacksonville

and

Nashville

, which historically have been more affordable but have heated up recently to become some of the hottest markets this year.

Perhaps more surprising is that some smaller metros embraced these options, as well. For instance, the

Spokane

area’s support of modest densification measures (86% of respondents in favor) was among the highest in the nation, and 72% of respondents in the

Cincinnati

area said they support allowing ADUs, duplexes or triplexes in residential neighborhoods.

Support was not as strong for larger, multifamily apartment buildings, but was still found among 57% of those surveyed. Support for new apartments was highest among renters and young people, but recent trends suggest that support is growing among homeowners. In 2019, only 37% of homeowners supported apartment building construction in their own neighborhoods. Today, that figure has increased to 48%.


About Zillow Group

Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter. As the most visited real estate website in

the United States

, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease.

Zillow Group’s affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, ShowingTime®, Bridge Interactive®, dotloop®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (

www.nmlsconsumeraccess.org

).

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SOURCE Zillow