[sam_schneider]

I am doing it as soon as I purchase a house! I couldn't afford one until SB9—I could make the down payment, but because of my low income (obviously its relative) it would be hard to make loan payments. With SB9, I can develop with Homestead, and use the sale value to reduce my payments, so I can focus on adding more housing with Homestead!

Most of the homeowners who wanted ADUs were lower income & couldn't find financing (likely not HN community). These are multigenerational households where the children live in the house their parents bought with them and their kids. They work two jobs—their yard is rarely used—no one stopped to mourn it.

They wanted to make money to help lighten the economic burden of living where they grew up, and maybe not work the night shift, or have to provide their own childcare while working full time.

I imagine a large subset of HN and the tech community will not want to lose their yards-and its a free world, we aren't going to take them away!

Most of our team is signed up for our buy product. If you think people you know would be interested, send them our way!

[metadat]

Well, in this case I apologize because my assumptions were clearly incorrect. Sometimes I'm wrong (more often than I'd like, clearly). Thank you for engaging and I'm sorry Sam.

I grew up in a real estate family and while I don't think we personally engage in nasty behavior, I'm all too familiar with the games and schemes people play to get ahead. The large sums of money frequently attract unsavory and selfish actors. It makes for a rather ugly business sometimes, instead of being able to focus on the goal of helping people find a good living situation.

Wish you all the best, we're all stuck on this rock (and more frequently on HN, around the Bay Area) together, whether we care to think about it or not - we're all more connected than we may realize.

[jelliclesfarm]

ok. you are young and not a home owner. i mean this sincerely..please pivot. increasing housing stock almost always makes the cities unaffordable in the long run. this is how we have landed in the current predicament.

true to the name of your startup. consider collective homesteads. high density housing is definitely a sustainable solution, but high density without also scaling infrastructure is a bad idea.

like everything, it is a numbers game. and the only numbers that make sense here is in $$$$ that makes sense for investors and the taxman.

not everyone can own homes. and its ok. building affordable rentable communities that are sustainable is also a laudable effort. and it definitely is a profit maker. first infrastructure, then housing. otherwise, its set up for failure.

and the state of california has a really bad record when it comes to how counties are run. their mismanagement over decades have made the state highly taxed and yet unaffordable to most of the population.