Many of you are coming to the table late on the subject. 'Tiny homes' were originally affordable alternatives to housing - they no longer are - due to Greed and predatory lending that's made them so controversial. Renters are tired of slumlords and restrictive overreach. If renters are going to cover all the risk and cost of some else's investment and business model - they find the 'Tiny home' options less authoritarian and more affordable. In typical investor overreach the apartment market expects renters to give up all privacy rights where buying Tiny home allows more freedoms and privacy. Many apartment slumlords require rights to your social media and banking accounts. Many landlords even require rights to 'camera surveillance' inside private dwellings. In a world where renters rights no longer exist thanks in large part to biased judicial decisions, buyers seek privacy and freedom - even if the tiny space is all they can afford - they can call it their own.
That's crazy. A lot of people are looking for some relief in the housing department. There doesn't really seem like there's a lot of consensus besides that prices need to be lower.
Good that somebody can see that 👍. I know they aren't for everyone, but they can definitely help some people obtain housing that wouldn't normally be able to. Thanks for leaving a comment.
I like smaller homes in the 400-900sqft range, as long as they aren't blatantly overpriced versus what they are in terms of materials/quality/construction/land. I wish subdivisions of them would actually pop up here in Arizona & most elsewhere. But, it's like trying to find a unicorn, sadly.
I feel like my husband and I won the "buying a house lottery". We moved out of our apartment and into a house with the house payment being the same as that apartment's rent. Keeping in mind that rent prices keep going up. In a few years, it'll be cheaper to live in our house than if we had stayed in the apartment. It's not a big house, being slightly smaller than the apartment we moved out of. But it has a garage, plus a front and back yard with storage shed. So once taking those into account, we really have more space. We went with the older house route. It's structurally fine and all the plumbing and wiring works. It doesn't have a dishwasher or garbage disposal or sink sprayer. It's a very outdated and simple kitchen. But otherwise, it was move in ready. Over time we've been improving the kitchen. Put in a dishwasher, bought a refrigerator with an ice maker, etc. By the time we're done, it'll be an awesome kitchen.
The 3D-printed homes are not really a fair comparison. They are much larger homes, on larger lots, and in a more expensive area. The price has nothing to do with the technology itself. I think what myself and other people are really taking issue with is the poorly-designed, claustrophobic homes. I've lived in very average, even mediocre, studio and 1-bedroom apartments with smaller square footage than these tiny homes by Lennar, and they were better, less claustrophic spaces to live than these homes. These really have none of the benefits functionally or aesthetically of a single-famiy home. Barely a yard, barely any windows, and a cookie-cutter street dominated by you and your neighbors cars and driveways, even more than a typical suburban subdivision. There are so many other accessible, realistic options than were presented here: you could buy a condo or townhouse, rent a house or apartment, share a house or apartment with roommates or family. For me, it's not about the size, I've seen wonderfully designed tiny homes, as well as larger homes. While it is not conscious for most people, I think good design plays a significant role in a home's functionality, the quality of life of the residents, and ultimately the resale value. The location and design is the deal breaker for me. Based on other people's reaction, I don't see these specific tiny homes being appealing to enough people to be a worthwhile investment to own either.
I appreciate your opinion. I simply offered this video as an alternative to tiny homes. And you are right the 3d printed homes aren't a direct comparison it was really more highlighting that there are other means of construction out there that could potentially come at a savings. The Lennar tiny homes really serve as a conversation starter about overall home affordability, the punch in the gut reaction to "this is what 160k looks like now" is really what I think is happening for most people. I would really like to see better, more functional, affordable options out there that big box builders are providing, but at the end of the day money talk for these builders. Thanks for the comment.
Tiny home community developers buy land in the lowest priced neighborhoods and build what will in short order become owner financed housimg projects. These developments remind me of the old saying, "The road to hell is paved with good intentions."
Can you clarify owner financed housing projects... 1. The area will get ran down, and it is up to the owners to keep property values up or 2. The owners will pay the houses off and try to resell as owner finance, making the costs unattainable?
RVs are an absolutely terrible housing choice unless you are a mechanic/plumber/electrician hybrid and love working so much you want to take your work home with you. First of all, RVs depreciate even faster than cars, so treat it like a 10 year lease (unless you get an airstream in which you'll pay a premium but they can be patched up and kept running longer). Then there's the fact that you will wind up with a far higher interest rate if you finance it than you would for real estate. The worst part is the build quality is horrible. It is plastic, thin wood, and glue everywhere. Driving down the road things will fall off or the roof will spring a leak or your AC will break. You take it to the RV shop for a repair and you'll be homeless for a month or two while they fix it. You have to get very good at the do it yourself repairs, and just live with not everything working at once. If you have slides those are the worst as they're the hardest and most expensive to fix while breaking down frequently because of the moving parts. You also run the additional risk of an accident (which you are more prone to being a big, heavy, sail catching every breeze) leaving you homeless and broke with the RV loan still over your head. Oh yeah, and the RV parks are way over capacity right now because they built way more RVs during the pandemic but didn't expand the size of the RV parks.
Wish I had you on my last video. I had a few comments about how living in a rv/ travel trailer is better than a tiny home. I didn't even take a lot of what you said into consideration.
I think that this is a good idea to build tiny houses, it is good if you are down sizing and can not afford to live in a larger house anymore or if you have lost your job and still need somewhere for your family to live, or if you can only afford the price of a small house, there is a need to house all different types of income brackets.
On the tiny homes? You really have a wide range of prices. The ones that are built by lennar may be on the higher range, but they offer builder incentives that would help people get into them. If you could build one on your own land, you might be able to save money. You would just need to keep plumbing, sewage, electric,hvac, and foundation into consideration those things alone could easily top 50k depending on specifics.
I think houses like this are a step in the right direction. While not the final answer, it can help. Lowering inflation can help, too, but that is easier said than done.
Yeah, there is always going to be property tax. It will just be less because the size of the lot and house are smaller, so it won't appraise as high as a full sized home.
What are these neighborhoods going to look like in 10 years? No trees, cars parked in street. Are they going to appreciate? Or will this become the next wave of " underwater mortgages" with negative equity? Not cheap, if these neighborhoods go downhill the " affordable" option could become financial ruin with $20, 30 or 40K Negative equity. Cheaper however Very Expensive. These are NOT single family homes. They are smaller than many apartments at top dollar price for what you get.
Tiny homes are one option to help with a housing crisis. Will it work for everyone? Probably not, but it is better than doing nothing at all. Are these homes over priced, some would say yes, but they are still less expensive than the average home.
@@nbtxliving Agreed 💯. I chose to go tiny because I didn't know where I wanted to go, so I did the nomad thing moving around and staying for a while, but I don't like towing. I have Airstream that I live in fulltime and off-grid, and I completely agree it's not for everyone. Especially living out in the middle of nowhere like I do, but my dogs and I love it
Just a tip, unless the video is about you two. Don't be the only thing in the video, use some visual examples of what ur talking about more. Nothing worse than watching 2 talking heads for 20 minutes
Many of you are coming to the table late on the subject. 'Tiny homes' were originally affordable alternatives to housing - they no longer are - due to Greed and predatory lending that's made them so controversial. Renters are tired of slumlords and restrictive overreach. If renters are going to cover all the risk and cost of some else's investment and business model - they find the 'Tiny home' options less authoritarian and more affordable. In typical investor overreach the apartment market expects renters to give up all privacy rights where buying Tiny home allows more freedoms and privacy. Many apartment slumlords require rights to your social media and banking accounts. Many landlords even require rights to 'camera surveillance' inside private dwellings. In a world where renters rights no longer exist thanks in large part to biased judicial decisions, buyers seek privacy and freedom - even if the tiny space is all they can afford - they can call it their own.
That's crazy. A lot of people are looking for some relief in the housing department. There doesn't really seem like there's a lot of consensus besides that prices need to be lower.
NO. American dream is already dead, tiny houses bring hope.
Good that somebody can see that 👍. I know they aren't for everyone, but they can definitely help some people obtain housing that wouldn't normally be able to. Thanks for leaving a comment.
I like smaller homes in the 400-900sqft range, as long as they aren't blatantly overpriced versus what they are in terms of materials/quality/construction/land. I wish subdivisions of them would actually pop up here in Arizona & most elsewhere. But, it's like trying to find a unicorn, sadly.
Housing everywhere is tough right now. We are just hoping that things turn around sooner rather than later. Thanks for dropping a comment.
The house isnt killing the DREAM nope GREED is killing the dream and until we get a handle on all out GREED it will only get worse !
I know there are other factors at play here. The title and thumbnail were really a response to some comments I got on another video about tiny homes.
I feel like my husband and I won the "buying a house lottery". We moved out of our apartment and into a house with the house payment being the same as that apartment's rent. Keeping in mind that rent prices keep going up. In a few years, it'll be cheaper to live in our house than if we had stayed in the apartment. It's not a big house, being slightly smaller than the apartment we moved out of. But it has a garage, plus a front and back yard with storage shed. So once taking those into account, we really have more space. We went with the older house route. It's structurally fine and all the plumbing and wiring works. It doesn't have a dishwasher or garbage disposal or sink sprayer. It's a very outdated and simple kitchen. But otherwise, it was move in ready. Over time we've been improving the kitchen. Put in a dishwasher, bought a refrigerator with an ice maker, etc. By the time we're done, it'll be an awesome kitchen.
Congratulations, it seems like you did win the house payment lottery. We wish you many great memories in that home, and thanks for sharing.
The 3D-printed homes are not really a fair comparison. They are much larger homes, on larger lots, and in a more expensive area. The price has nothing to do with the technology itself. I think what myself and other people are really taking issue with is the poorly-designed, claustrophobic homes. I've lived in very average, even mediocre, studio and 1-bedroom apartments with smaller square footage than these tiny homes by Lennar, and they were better, less claustrophic spaces to live than these homes. These really have none of the benefits functionally or aesthetically of a single-famiy home. Barely a yard, barely any windows, and a cookie-cutter street dominated by you and your neighbors cars and driveways, even more than a typical suburban subdivision. There are so many other accessible, realistic options than were presented here: you could buy a condo or townhouse, rent a house or apartment, share a house or apartment with roommates or family. For me, it's not about the size, I've seen wonderfully designed tiny homes, as well as larger homes. While it is not conscious for most people, I think good design plays a significant role in a home's functionality, the quality of life of the residents, and ultimately the resale value. The location and design is the deal breaker for me. Based on other people's reaction, I don't see these specific tiny homes being appealing to enough people to be a worthwhile investment to own either.
I appreciate your opinion. I simply offered this video as an alternative to tiny homes. And you are right the 3d printed homes aren't a direct comparison it was really more highlighting that there are other means of construction out there that could potentially come at a savings. The Lennar tiny homes really serve as a conversation starter about overall home affordability, the punch in the gut reaction to "this is what 160k looks like now" is really what I think is happening for most people. I would really like to see better, more functional, affordable options out there that big box builders are providing, but at the end of the day money talk for these builders. Thanks for the comment.
Tiny home community developers buy land in the lowest priced neighborhoods and build what will in short order become owner financed housimg projects. These developments remind me of the old saying, "The road to hell is paved with good intentions."
Can you clarify owner financed housing projects... 1. The area will get ran down, and it is up to the owners to keep property values up or 2. The owners will pay the houses off and try to resell as owner finance, making the costs unattainable?
I love them. At least they have a house.
Agreed. While they might not be for everyone but somebody will enjoy them and call them home.
RVs are an absolutely terrible housing choice unless you are a mechanic/plumber/electrician hybrid and love working so much you want to take your work home with you. First of all, RVs depreciate even faster than cars, so treat it like a 10 year lease (unless you get an airstream in which you'll pay a premium but they can be patched up and kept running longer). Then there's the fact that you will wind up with a far higher interest rate if you finance it than you would for real estate. The worst part is the build quality is horrible. It is plastic, thin wood, and glue everywhere. Driving down the road things will fall off or the roof will spring a leak or your AC will break. You take it to the RV shop for a repair and you'll be homeless for a month or two while they fix it. You have to get very good at the do it yourself repairs, and just live with not everything working at once. If you have slides those are the worst as they're the hardest and most expensive to fix while breaking down frequently because of the moving parts. You also run the additional risk of an accident (which you are more prone to being a big, heavy, sail catching every breeze) leaving you homeless and broke with the RV loan still over your head. Oh yeah, and the RV parks are way over capacity right now because they built way more RVs during the pandemic but didn't expand the size of the RV parks.
Wish I had you on my last video. I had a few comments about how living in a rv/ travel trailer is better than a tiny home. I didn't even take a lot of what you said into consideration.
This video is pure gold! Thanks for sharing
Don't know if you're serious or not. But thank you hope you enjoyed
And we all need to start living more minilistic.
These homes would help with that, or you would end up living in a cluttered mess
I think that this is a good idea to build tiny houses, it is good if you are down sizing and can not afford to live in a larger house anymore or if you have lost your job and still need somewhere for your family to live, or if you can only afford the price of a small house, there is a need to house all different types of income brackets.
I agree, there should be a variety of homes to help people in a variety of income brackets.
What I don't understand about these homes is the price.
On the tiny homes? You really have a wide range of prices. The ones that are built by lennar may be on the higher range, but they offer builder incentives that would help people get into them. If you could build one on your own land, you might be able to save money. You would just need to keep plumbing, sewage, electric,hvac, and foundation into consideration those things alone could easily top 50k depending on specifics.
They sure beat renting!
Sure do
What do you think is the American dream, what you make of it, or are these tiny homes killing the American dream?
What do you think the answer is? The average person in the US is 2 pay checks from being unhoused so please tell what is the answer
I think houses like this are a step in the right direction. While not the final answer, it can help. Lowering inflation can help, too, but that is easier said than done.
Since it’s a tiny home do you still have to pay property tax? I would love to live in one but too bad it’s far from Dallas
Yeah, there is always going to be property tax. It will just be less because the size of the lot and house are smaller, so it won't appraise as high as a full sized home.
Shout out to Dallas ✌️
I have no use for an huge house!
A lot of people think they need a huge house only because we are conditioned to think that way. Live within your means and enjoy life's experiences.
What are these neighborhoods going to look like in 10 years? No trees, cars parked in street. Are they going to appreciate? Or will this become the next wave of " underwater mortgages" with negative equity?
Not cheap, if these neighborhoods go downhill the " affordable" option could become financial ruin with $20, 30 or 40K Negative equity.
Cheaper however Very Expensive.
These are NOT single family homes. They are smaller than many apartments at top dollar price for what you get.
I guess we will just have to see.
Tiny homes are not the problem people,you have to look elsewhere.
Tiny homes are one option to help with a housing crisis. Will it work for everyone? Probably not, but it is better than doing nothing at all. Are these homes over priced, some would say yes, but they are still less expensive than the average home.
@@nbtxliving Agreed 💯. I chose to go tiny because I didn't know where I wanted to go, so I did the nomad thing moving around and staying for a while, but I don't like towing. I have Airstream that I live in fulltime and off-grid, and I completely agree it's not for everyone. Especially living out in the middle of nowhere like I do, but my dogs and I love it
So we get less space now. I'm not a fan of this.
These are just options for people who don't want the tiny homes from a previous video
Just a tip, unless the video is about you two. Don't be the only thing in the video, use some visual examples of what ur talking about more. Nothing worse than watching 2 talking heads for 20 minutes
I put examples of most of the things we talked about. Are You saying that I didn't put enough?