The fact of the matter is, we are in a housing crisis.
Incomes haven’t kept up with housing cost increases and now there is a construction slowdown. Housing prices in the past 5 years have jumped 25%, rents 18%, and incomes have dropped up to 3%.
This is unsustainable.
The Missing Middle Housing: smaller scale homes with multiple units that are affordable for the middle income wage earners.
Often, the solutions for the Missing Middle are duplexes, cottages, and ADUs. Middle income workers can afford to buy or rent these homes.
What is critical for living in smaller homes is that there is a community supporting these solutions.
A small community of 3-8 shipping container homes will often have a community center where members can share storage, a big kitchen, activities, greenhouses, etc.
Not only is this healthy for the community members, it also considerably reduces their carbon footprint. Sharing and caring communities allow for individual support—ideally with a mix of ages, backgrounds, and ethnicities.
If you are thinking about starting a small home community or adding an ADU to your backyard, the time is perfect to help reduce the housing crisis and start a passive income for your family.