Terner Center report explores financial feasibility of small-scale complexes

Researchers from UC Berkeley's Terner Center studied the financial feasibility of building missing middle housing in California. The report concluded that without policies reducing development costs, such housing is not financially viable. The term "missing middle housing" refers to the lack of small-scale housing in the current market. While California has implemented reforms to promote this type of housing, more policy changes are needed. The report aims to address housing segregation and affordability issues by advocating for new policies to support missing middle housing development.