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Stock impact report

New study shows Californians are pro-ADU: 66% of California's homeowners have considered adding ADUs to their properties [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
REDWOOD CITY, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- New data from Samara shows surging interest in accessory dwelling units (ADUs). Sixty-six percent of homeowners surveyed are open to adding ADUs on their properties and 87% support their neighbors building ADUs. This report follows record permit growth for ADUs—with 2023 seeing 20x growth over 2016. One in 5 construction permits issued in California this year were for ADUs. The demand for ADUs comes at a time where California needs solutions for more housing supply. According to this study, nearly 65% of homeowners believe ADUs can help solve California's housing supply crisis. California lawmakers continue to hone in on housing production, with the Governor signing over 60 housing-related bills into law this past legislative session. We also saw continued support for the expansion of ADUs with the passing of AB 2533, SB 1211, and SB 1077 this year. These bills—which reduce local control over the development of ADUs—will take Show less Read more
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