Home builders are making new homes smaller to keep prices down. In Southern California, where land is scarce and housing is expensive, buyers are turning to small pre-war homes or ADUs.
“I’m just attached to it because it’s taken care of me and I’m taking care of it,” said Violet O’Brien on why she’s choosing to age in place in her Houston home.
“The Sims had really kind of seeded that desire for homeownership in me at a young age,” said Elle Hunt, a journalist based in the U.K. “And I’d spent the interim 20 years walking away from that dream a bit.”
Higher interest rates and insurance costs make building low-income and supportive housing more costly — especially in California, home to 28% of the U.S. homeless population.