Could you live in a tiny house?

By
Services for Real Estate Pros 0659282

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?  Tiny houses

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.  

graph

Posted by

 

 
--
 
Morris Massre
https://about.me/mmassre
 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Industry
Location:
Florida Miami-Dade County Miami
Tags:
realtor
miami
housing
miamidade
broward
real estate
tiny houses
florida

Spam prevention
Show All Comments
Rainmaker
773,082
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Good subject Morris Massre Watching the tiny home shows on TV is interesting. For me, no way. I like to have friends over, like a garage for tools and furniture and paintings "in transition". It is nice to have a yard with privacy. I can see the other benefits for people in the right situation. It is always good to have choices. Good article. Thank you. 

Aug 25, 2016 12:54 AM #1
Rainmaker
1,582,833
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Morris Massre This is a neat concept, but I must confess, I would still need a garage for all the other 'stuff' that just will not fit in the micro home.

Aug 25, 2016 09:03 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
519,035

Morris Massre

Real Estate Instructor Broward County Florida
Ask me a question
*
*
*
*
Spam prevention