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robbery, but... any house has a set of minimum needs. Just tough to justify for 300 SF.
I predict older folks will be doing a whole lot more renting (thus I'm buying senior duplexes).
There are lots of 300 SF guest houses and cottages - for rent and not for sale.. Since such tiny homes are known to exist, there is no reason the private sector would not build them if government would get out of the way.
The government?
I think the lack of demand by the public kills that market.
On what basis do you say there is a lack of demand?
There are many people living in small cottages and guest houses, and I believe many of these people would buy such homes if they were offered for sale. But they're not offered for sale (due to government), so we have no empirical basis for saying there is lack of demand.
Actually the entire problem we have today is due to oversupply encouraged by government policy designed to encourage home ownership.
If there is oversupply, why are rents here up 10 percent over the past year despite high unemployment and a tanked economy?
I think there is mis-supply, not oversupply. The type of home I want doesn't exist outside rural areas.
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