Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The granny flat law was passed several years ago in California and I don't think it was earth shaking in moving the needle on more affordable housing!

I think the vast majority of Americans really enjoy their Single family detached homes and many consistently show up to thwart any increased zoning density near their 'castle'.

Imagine telling your neighbor, "Hey I just got zoning approval to split my lot in half and build 2 duplexes!"

As I understand it the state law OVERRIDES THE LOCAL ZONING AUTHORITY AND IT MAY AS WELL OVERRIDE ANY RESTRICTIONS AND COVENANTS THAT RUN WITH THE LAND SUCH AS THOSE PESKY HOMEOWNERS ASSOCIATION RULES AND LIMITATIONS!

We'll see what happens...