Tiny houses are the next big thing! Here is why; the earth’s population is depleting natural resources at an alarming rate. This is making our economy tanking hence, it is not crucial to do more with less. Due to this reason, small houses are no more just a trend in the US.
Americans mostly preferred to live in not less than an average of 1,000 square feet homes which are now majorly getting replaced with as small as 400 square feet homes. This is because people are now more into economical possessions and less but fully functional spaces for living.
Small houses are attracting three (but not limited to) significant groups of the state mentioned below:
- First home buyers with low budget
- Retired Seniors and Veterans
- People who prefer a sustainable environment
Tiny house movement is not necessarily the type of dwelling preferred by production builders but it is putting enough spotlight on a newer and better way of thinking when it comes to house building.
This massive idea has some key takeaways for the mainstream of the state builders due to Americans aiming to reduce their carbon footprint and enjoy a more affordable life. Shifting towards small houses is a major reaction to living in big houses that are mortgaged to the hilt.
Americans living in such dwellings spend all their time working a job just for the sake of paying for rent or mortgage. As per the recent report, nearly 75% of the citizens live paycheck to paycheck with approximately one-third to one-half of their income going straightway to housing. This may include utilities, taxes, insurance, maintenance, etc.
On the other hand, people living in tiny dwellings are capable of saving their hard-earned money to better weather life’s ups and downs.