Tiny Houses Enabling The Poor To Become Homeowners
The trend of tiny homes has exploded in the last several years, you can now find a variety of different tiny home communities across the US. When it comes to the motivation for many in making the decision to enter the tiny home market, money is a major factor for many people. A number of areas around the world are experiencing a real estate bubble and rental crisis, leaving many to look for alternative housing options and therefore helping to fuel interest in the tiny home movement.
Instead of spending hundreds of thousands of dollars on a traditional home like many would, then putting themselves in debt for several years, tiny homes offer a more cost effective approach anywhere from $10,000 to $25,000 or more. The tiny homes are easy to be customized and because of this it's really easy to create a dream space for a reasonable amount of money; you just need a place to put it.
When tiny homes first started gaining popularity, a number of jurisdictions had issues with them because of the zoning regulations, but it seems that most areas have found a way to make room for them.
Detroit is said to be the poorest big city right now in the US and tiny homes there are offering lower income individuals a chance to get into the housing market where they otherwise wouldn't have had one.
Cass Community Social Services, a nonprofit from the area, has backed an initiative to offer citizens in the area an opportunity to take part in a rent-to-own program for one of their very own tiny houses.
The project is looking to help people living in poverty to acquire an asset for themselves and to become homeowners for the first time. The rent under the program is estimated to be around $250 and after several years the house will be fully paid. For those who might never have been able to dream of owning a home in their lives because of the high cost these days of traditional homes, the tiny home movement is providing them with a creative solution.
The tiny homes for this Detroit project are funded entirely by private and voluntary donations. Because of the tiny size of the homes it tends to promote a simpler lifestyle (less clutter), and the small size also helps to keep the cost of utilities down. And Detroit isn't the only city where there are initiatives like this taking place.
The program is also offering residents financial literacy classes and home maintenance classes at their community headquarters.
Aside from the better deal in cost when it comes to tiny homes, advocates of this shelter lifestyle also mention a few other benefits as well that motivates them to live this way: self sufficiency, less maintenance, reduced carbon footprint, and offers better mobility (for mobile tiny homes).
At the moment, the most dense tiny home populations in the US are said to be in California, Texas, Florida, and Colorado. But you can find tiny home communities in many other areas as well across the US. It's estimated that there are at least 10,000 or more tiny homes in the US right now and many of them have gone to help the homeless, veterans, and others in need and living in poverty.
Pics:
pixabay
SunshineVector via Shutterstock
Sources:
http://crosscut.com/2017/05/seattle-homeless-build-more-tiny-homes/
http://www.fresnobee.com/news/local/community/clovis-news/article154312004.html
http://www.cnbc.com/2017/02/02/tiny-houses-grow-in-popularity-yet-drawbacks-abound.html
http://time.com/4039249/detroit-poverty-rate-census/
https://www.usatoday.com/story/money/2016/05/18/recession-millennials-tiny-home-house/84284316/
https://www.fastcompany.com/40425765/these-tiny-houses-help-minimum-wage-workers-become-homeowners
I'm upvoting right now! I've upvoted. Awesome post from @doitvoluntarily Thanks for sharing!
@doitvoluntarily
True freedom is not being bound by a huge mortgage payment and instead, taking charge of your life and experiencing freedom through home ownership.... Even if it's a small or tiny house!
I just discovered your blog... The number of interesting topics you write about is pretty astounding.
I picked this one to comment only because I love tiny houses. I did a year of research and workshops only to realize that my city is not ready or willing to accept this type of structure without a very uphill battle.
I also appreciated your Pink Slime lawsuit article and of course the one about the aging population in China.
I always thought that it was Japan that owned that title however, thinking about it now, they are probably the leader in oldest to young person ration, not necessarily greatest population of elders.
Keep up the fascinating work, really !
wow thanks for the genuine and thoughtful feedback!
+followed
My pleasure. I'll be looking forward to some of your future blogs!
markwhittam lives and travels in his tiny home and has joined Steemit.
I watch tiny house shows on HGTV. It is always so interesting to see the creativity of people who build tiny homes and see all the ideas that they come up with.
Thanks for your post.
Wow this will be best for Aftica...thanks for sharing
This is a great article. As the average home size has increased, so has the cost. You mention regulations, which have also increased costs while driving smaller home builders out and slowed down home construction. This is a step in the right direction for many people. If don't right, it can also stop people from being stuck in one place due to a large home with a large mortgage. Just take your home with you to your next opportunity!
RUDE! We prefer the term Economically Irrelevant. Thank you very much.
Good one
I have always loved tree houses myself..but tiny homes can be made so beautifully...while it a solution for a living space.....where to put them and the zoning laws are still a hurdle...while the house may be on the low end and promote a simple living concept. the money for the space to put it still ends up being on the high end. I have seen in my community..that people are putting up their vacant land up to rent for rv or tiny homes..but with the cost of the rent it still puts it up in the high end in my area...bless up to the idea though and that the concept spreads...
A great concept. We should do more of these kinds of things as humanity