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Why tiny homes could be a big deal
  + stars: | 2023-08-06 | by ( Matt Turner | ) www.businessinsider.com   time to read: +6 min
It's easy to look at these tiny homes as undersized gimmicks, but there are real use cases. Others are leaning on tiny homes to house homeless veterans. Denver changed its zoning laws to make ADU construction easier, allowing two-story units in some parts of the city. Tiny homes won't fix that, but innovation in zoning and construction, taken with recent data pointing to a surge in residential construction, offer reasons for hope. Why tiny homes could be a big dealThis first appeared in the Insider Today newsletter.
Persons: Joyce Higashi, Katie Sandoval, Clark, Maggie, John Randolph, crumbles Karl Maasdam, Lawrence D, Thornton, Rebecca Zisser, Francesca Gino, Gino, she's, Read, Morgan Stanley, Arantza Pena Popo, Who's, James Gorman, Ted Pick, Morgan Stanley copresident, Insider's Hayley Cuccinello, Pick, Andy Saperstein, Ted Pick Big, Tyler Le, Brad Setser, Tess Turner, Stack, coders, — Jasmine Hyman, Doc Martens, Matt Turner, Hallam Bullock, Lisa Ryan Organizations: Service, Harvard, Big Pharma Locations: Wall, Silicon, California, San Jose, New Hampshire, Denver, Austin's, New York City
Maggie and John Randolph are building affordable housing in their Southern New Hampshire community. Now, they are going beyond that and building affordable housing for the community. The cool thing is those tiny homes will allow us to go well beyond our staff needs — we'll be able to start to support the community. John and Maggie Randolph in front of one of their tiny homes. If we don't build affordable housing, we're going to lose a lot of high school graduates and college graduates.
A lack of homes in Dover, New Hampshire has pushed prices up and made housing unaffordable for many. They are building 44 tiny homes that will cost between $1,000 and $1,200 a month to rent. They shouldn't have to live an hour away and then come serve you every day and then drive home." "A lot of affordable-housing projects are killed because of overhead costs," Maggie Randolph told the Concord Monitor. In Colorado, for example, ski towns like Breckenridge — where the ultrawealthy flocked to amid the pandemic — have gotten so expensive that the government is building housing that its snowplow workers can actually afford.
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