Quick & easier way to get more units to market. An industry can grow up with it including, lenders, appraisers & a rental market plus more money for state & county taxes including the utility companies. Density is the watchword as increased parking, noise and traffic make the rounds.

Atherton is prime for this due to lot sizes but a lousy place to do it aesthetically; Atherton, Hillsborough, Los Gatos, etc. have the lot sizes but they are also luxury neighborhoods that would potentially lose some value if too many do this.

Many on this site were negative a couple years ago about this. I have a premium lot in Southern Cal & the negative things have not happened, actually the valuation has risen. Long story short (could write an article)...I had ZERO concerns about it back then and ZERO concerns about it now.

If I had any concerns, I would of sold long ago. I eventually will sell as my California "dream home" will not be happening.

The destruction  of single family neighborhoods in the name of greed, disguised as affordable housing. Despicable and disheartening to think elected officials today can ruin decades of urban planning by previous generations. 

There are places/lots where this can work well. 

There are others where it does not. 

I will leave it at that. 

I would not mind purchasing a lot and placing 3 or 4 Tiny Homes on it Caroline Gerardo . This is a thought that has crossed my mind many times.

Hello Caroline Gerardo SB9 can be beneficial to some areas need more new housing.

I can see this being appropriate in certain areas. Maryland REALTORS is currently backing ADU legislation and many of the same concerns were discussed on their pod cast discussion.

Has nothing to do with my market.

Atherton, one of America's most expensive places to live, will continue to be a sought after, single family home, community after these changes take place. 

With the current and future homes being valued at multiples of a million dollars, it will never be "affordable housing".

We're experiencing lots being split into smaller lots in older sections of town. For example, Downtown Cary and DT Apex are two hot spots. There are homes on half and one acre lots that are being split into 2-4 lots. The homes they're building are higher priced. I don't love that they're putting homes on such small lots but I understand the need around a downtown area. However, you do have to go through town planning for approval. There are many moving parts that have to happen to make it work. 

On another note, I hear the plan is to make DT Raleigh more like Buckhead Atlanta. The article I read mentioned Raleigh as being one of the last medium sized metro areas that still have single family homes. The assumption is that we'll see the single family homes go away and townhomes/condos built in its place. Things are constantly changing. 

Not sure I am a fan. Need more time to ponder. 

Neighbors can be a PIA when developing land, good to know that they are not letting them get in the way.

The interesting thing is, it's all too likely these will become short-term rentals.  I agree, the last thing these areas need is more traffic and higher density.  There is nothing wrong with a neighborhood or city being "exclusive" and require that people actually have money and good careers to be able to live there.  It's what gets people to strive to better themselves... but then again in today's world that's an evil thing...