7. Lack of Affordable Housing . Some cities face such a shortage of buildable land and a high demand for property that for a first purchase, the cost of anything other than a broom closet is out of reach. It is not so much that grown children don’t want to leave home; they just can’t afford a place of their own. Depending on your circumstances, you might be able to construct an ADU where they can live while they save for a deposit on a place of their own. Alternatively, young buyers could perhaps afford a loan to build an ADU, even though they could never have afforded a plot of land as well. 8. Investment. If you live in an area where there is good rental demand, particularly where the value of residential property is high, why not build an ADU on your own land? Many planning restrictions are being lifted owing to a lack of residential homes in large cities. Investing in an ADU could give you an excellent return on your investment. As it would be a brand-new property, maintenance costs to you as a landlord would be negligible. 9. A DIY Home-build Project . There has been a dramatic increase in the number of people who decide to build their own home, and this can be put down to one very clear reason: YouTube. That may surprise you, but when it comes to building your own home, you can find a YouTube video (and often many of them) for every aspect of property construction and maintenance, from laying foundations to changing a light bulb. The greatest problem facing DIY home builders has been the timber frame, which required exceptional carpentry skills. With the simplicity of a FrameUpNow CFS steel frame, not only is it easier to build your own home, but it is now more affordable as well.
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