en.Wedoany.com Reported - Research from the American Enterprise Institute's Housing Center shows that legalizing the conversion of older single-family homes into multi-unit dwellings could add approximately 13,600 new homes each year.

In his article, Gailes explains that older homes in Los Angeles are often replaced by larger, more expensive single-family homes, a practice that does not increase the overall housing supply. Legalizing starter home conversions would not accelerate this replacement cycle but would change what is built. Each unit in a four-unit conversion project is valued at about $1.2 million, roughly one-third the price of a large luxury home. While individual units become more affordable, the total project value rises, allowing the city to increase tax revenue while families pay lower costs.

Gailes argues that legalizing starter home conversions simultaneously addresses supply, affordability, and revenue issues. For Los Angeles, which has outgrown its single-family home development model, this policy option could have a significant impact on addressing the city's housing crisis.

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