• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026
FinanceHousing

YIMBY momentum: Over 80% of Americans support building more homes in their local neighborhood

By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
June 16, 2023, 4:30 AM ET
Construction cranes are silhouetted above high-rise condominium buildings in downtown Nashville, Tennessee on May 17.
Construction cranes are silhouetted above high-rise condominium buildings in downtown Nashville, Tennessee on May 17.Luke Sharret—Bloomberg/Getty Images

In Zillow’s newly released survey of more than 14,000 adults in 29 metro areas nationwide, 82% of respondents supported allowing at least one multifamily option in their neighborhood. That figure dropped slightly among homeowners, with 78% supporting at least one multifamily home in their neighborhood. And, to no surprise, renters were the highest supporting segment, with 89% supporting at least one multifamily option in their neighborhood. 

Recommended Video

But interestingly enough, there was only a slight difference in the two groups sorted based on their income. Generally, higher-income residents living in the so-called more desirable zip codes have “not in my backyard” (NIMBY) tendencies, partly in fear that an increase in density could affect their own property values. From Zillow’s survey, 83% of respondents with a household income of less than $50,000 supported at least one type of additional housing in their neighborhood. Meanwhile, 82% of respondents with a household income of $50,000 to $100,000 said the same. That’s only a 1% difference among two, potentially very different, income brackets. 

Affordability is deteriorating as higher mortgage rates coincide with rising home values, amid tight inventory nationwide and a wave of demand for housing. After all, 65% of respondents from this survey claimed to be worried about the cost of housing in their neighborhood. Zillow’s solution? Build more homes, which isn’t necessarily a novel idea, but rather one that’s proposed often by several prominent voices.   

“There is no easy fix, but building more homes is likely the most effective tool to rein in price growth,” Manny Garcia, senior population scientist at Zillow and author of the report, wrote. 

Garcia continued: “Zillow research has shown that modest densification measures—allowing two units on 10% of single-family lots across some of the largest U.S. metros—could help boost critically needed housing supply enough to meaningfully slow housing price growth. This latest survey shows a growing consensus among homeowners and renters that similar measures should be taken in their own neighborhoods to address affordability.” 

The uptick in support for allowing “missing middle homes in residential neighborhoods,” as Zillow put it, could have something to do with shifting demographics, as younger generations move into homeownership. For instance, 91% of Gen Z and millennial respondents supported at least one multifamily unit in their neighborhood. Meanwhile, only 69% of boomer respondents supported having at least one multifamily home in their neighborhood. 

Still, some respondents opposed the addition of at least one multifamily home in their neighborhoods, unless they were built within a 15-minute walk of parks, recreation, and frequent transit service, and required that at least 10% be affordable to low- and middle-income families. 

Additionally, support for more multifamily housing in the respondents’ neighborhoods varied among housing types. ADUs (accessory dwelling units) seemed to be the most favorable, with 84% of respondents supporting the integration of ADUs in their neighborhoods. Duplexes and triplexes also received a fair amount of support, with 78% of respondents in favor of those multifamily additions. Meanwhile, only 73% of respondents support the addition of a large condo or apartment complex with 50-plus units. 

“More and more people understand that the key to stopping runaway housing costs is to build more homes,” Garcia said, in a press release. “There is majority support among renters and homeowners, higher and lower wage earners, suburban and urban households, who all say we need more housing and support it in their neighborhoods.”

About the Author
By Alena BotrosFormer staff writer
LinkedIn iconTwitter icon

Alena Botros is a former reporter at Fortune, where she primarily covered real estate.

See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Elon Musk
InvestingMarkets
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all
By Jim EdwardsJune 12, 2026
1 hour ago
Top CD rates today, June 12, 2026: Lock in up to up to 4.30%
Personal FinanceCertificates of Deposit (CDs)
Top CD rates today, June 12, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 12, 2026
2 hours ago
Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026
Personal FinanceSavings accounts
Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026
By Glen Luke FlanaganJune 12, 2026
2 hours ago
An Osasuna player passes the ball while under pressure from Getafe rival.
CryptoSpain
Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation
By Camila Grigera NaonJune 12, 2026
3 hours ago
A person holds an iPhone as someone next to them points at the screen.
EconomyApple iPhone
You can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’
By Sasha RogelbergJune 12, 2026
4 hours ago
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
Startups & VentureSpaceX
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
By Mia OsmonbekovJune 12, 2026
5 hours ago

Most Popular

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
2 days ago
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
3 days ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
23 hours ago
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
2 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
4 days ago
SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $135-per-share leap of faith
Startups & Venture
SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $135-per-share leap of faith
By Marco Quiroz-GutierrezJune 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.