California couple build $500K home in parentss backyard after being priced out of owning in their dream neighborhood

Image for article California couple build $500K home in parentss backyard  after being priced out of owning in their dream neighborhood
News Source : Yahoo Entertainment

News Summary

  • Aislyn and Ali Benjamin built a $500,000 accessory dwelling unit (ADU) in the backyard of Ali's parents' property.
  • The couple's new 1,200-square-foot home costs them about $2,900 a month, including utilities.
  • While the couple may not be earning equity in their new home, they may have privately negotiated a deal with Ali’s parents that gives them a cut of ownership.
  • The arrangement will reportedly evolve as the family grows.
Like many Californians, Aislyn and Ali Benjamin were priced out of their dream neighborhood.In Danville a small city east of San Francisco the median home sale price hit $1.8 million in August, acc [+5215 chars]

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