Many of you may have taken notice of the tiny house movement. People are joining in for a variety of reasons including environmental and financial concerns along with the opportunity for more freedom. This is where you’re probably shaking your head thinking, “I don’t know how someone could live in something like that.” We’re here to tell you that it’s actually not far-fetched as it may sound. Turns out, there’s a number of benefits to living humbly and below, we’ll dig into all the details.
What constitutes a tiny house?
A typical American home is around 2,600 square feet. A tiny home is somewhere between 100 and 400 square feet. These homes come in all shapes and sizes, are geared towards one thing: simplistic living. Think smaller space, higher efficiency.
Why the downsize?
With the economic shakeup of 2007, this movement attracted owners from all walks of life. While only 1% of buyers acquire these buildings for dwelling, many are using them as on-property housing for relatives, as a guest house, or even as a home office. For most Americans, 1/3 to 1/2 of their income is dedicated to their housing. Looking down the road, they’ll spend 15 years of working just to pay for it which 76% of Americans are already living paycheck to paycheck.