News

History Tested Foreclosure Mitigation: Accessory Apartments

Accessory apartments benefit society and the economy, and it’s time for tax credits to promote them, according to this oped from Patrick H. Hare and George W. Liebmann.

Twenty years ago, we separately produced publications urging that governments should provide incentives for the creation of accessory apartments (sometimes called "mother-in-law apartments") in owner-occupied housing. Our writings pointed out that there was a shortage of small-unit housing; that household sizes had dropped, rendering many large homes ripe for partial use by renters; that it was irrational to maintain regulations that discouraged extended families from living next to each other; and that Germany, Japan and Finland had provided such incentives as housing policy.

Full Story: http://www.baltimoresun.com/news/opinion/oped/bal-op.apartments29jan29,0,7009292.story

Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.