Could you live in a tiny house? I know I could.
And judging by the price of housing today and in America's major cities I think a lot of others may be willing to settle. A tiny house in San Francisco just recently sold for$400K. That has to tell you something about the state of housing there. Actually, you have to earn six figures just to even think about buying a bone there, one of highest in the nation.
The South Florida area is almost as bad with one caveat, however. I don't think the city of Miami or any other nearby for that matter will allow tiny houses in their neighborhoods. South Florida is not like the rest of the country when it comes to neighborhood designs. Almost all of them are gated and have mandatory homeowners associations that would never go for this.
I cannot say with any degree of confidence yet that tiny houses are the answer for affordable housing, but what I can say is that I believe it is a nice alternative for one and may even help alleviate homelessness on another level. My point here though has nothing to do with homelessness or beauty, but with the mere fact that housing has become so ridiculously expensive that many have to resort to this closet type of space just to have a roof over their heads. Is this really what the American Dream is all about?
I know one thing, I could live in one of these. It would eliminate all of the maintenance of a larger home for one, my taxes would be so much lower, and I woldn't have to pay an HOA anymore, not to mention my insurance costs would go down dramatically because quite frankly I wouldn't give a shit if someone stole the damn thing! I did the math recently on my own home that I bought in South Florida in 1997 an found out two things; First, I couldn't afford the same home today. And second, between maintenance, taxes, and insurance it costs me $10,000. a year just to live in my house and the county or HOA can take it away from me any damn time they want if I don't pay. You do the math and you'll see that after all these years I won't make any money on my home if I sell, I'll just get it back. This graphic will indicate just how bad it's gotten in terms of homeownership affordability in th US. At this rate we will all have to move to the middle of the country just to stay alive.