• A startup wants to turn your garage into a tiny home and give you $500 a month to help quell a crushing housing shortage. Here's what the homes look like

    13 days ago - By Business Insider

    A California startup is aiming to turn your unused garage or backyard space into affordable tiny homes to rent out to tenants for $1,300 to $2,100 a month, depending on the neighborhood.
    The units are studio homes, with a full kitchen, laundry facilities, and a private patio.
    The startup would share the rental income with homeowners, who could make $500 to $1,500 a month depending on the average median income of their neighborhood.
    The state of California has long been plagued by an affordable housing crisis, and an increase in supply could help lower costs over time.
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