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Old 05-04-2011, 02:38 AM
 
Location: Michigan
29,391 posts, read 55,631,104 times
Reputation: 22044

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This is what I need for a house for one person. Who needs a big house to keep up?


News, PORTLAND, Ore. – For many real estate agents trying to sell a house, bigger is better. People want a bigger yard, bigger kitchen and a bigger bedroom. But now one developer in Southeast Portland hopes that “smaller is better” will pay off.


Developer bets people will buy tiny 'micro-homes' | Business | Southeast Portland News
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Old 05-04-2011, 06:21 AM
 
Location: A blue island in the Piedmont
34,109 posts, read 83,054,663 times
Reputation: 43687
Depends on how you define "people".
If that is limited to the actually singular, as in one people, he absolutely has something going here.

Outside of the more traditional areas (married couples with kids, dogs, and a lawnboy mower)...
there is a growing number of adults of all ages consciously choosing to be single and (it appears) to remain single forever.

Most of the people doing it now can easily afford the choice...
but I suspect even more would make that choice to really live alone if they could more easily afford to give up the PITA housemates (whatever that relationship is) they currently depend on to share expenses with.
---

(BTW... I have a spare room available for a 40+ s/dwf)
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Old 05-04-2011, 09:54 AM
 
Location: Denver
1,788 posts, read 2,484,437 times
Reputation: 1057
Condos seem more logical to me. There are a lot of fixed expenses with building a home...be it tiny or large. You just can't build a tiny home with a lot, power, water, heat, and A/C for a tiny amount of money.

I have long felt that threeplexes and quadplexes have merit. That could be a future.
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Old 05-04-2011, 10:07 AM
 
Location: Pomona
1,955 posts, read 10,988,037 times
Reputation: 1562
Quote:
Originally Posted by JohnHAdams View Post
Condos seem more logical to me.
Some folks still feel better if there's some air space between them and their neighbors, even if it's only a few feet.

I can see it working in Portland, OR.
I can see it working in a few parts of LA.
I can't see it working in San Francisco or New York City.
I can't see it working in Texas.
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Old 05-04-2011, 10:55 AM
 
Location: Coachella Valley, California
15,639 posts, read 41,057,024 times
Reputation: 13472
So ... what do you do with all your "stuff"?
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Old 05-04-2011, 10:56 AM
 
Location: Pomona
1,955 posts, read 10,988,037 times
Reputation: 1562
Quote:
Originally Posted by Twinkle Toes View Post
So ... what do you do with all your "stuff"?
You rent a 2000 sq.ft. "storage unit"!
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Old 05-04-2011, 11:55 AM
 
Location: Charleston, SC
5,615 posts, read 14,802,338 times
Reputation: 2555
Forget having a party at their place...
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Old 05-04-2011, 01:16 PM
 
1,989 posts, read 4,468,227 times
Reputation: 1401
This could be "big" with retirees and those who want to own something small without risking the management/financial problems condo ownership exposes you to.

With the money you save on housing, you can afford to rent out a location for the occasional big party.

Back to our roots: In 1798, the average house in Worcester County, Massachusetts was 831 sf. Keep in mind the number of kids people had back then.
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Old 05-04-2011, 03:40 PM
 
20,187 posts, read 23,875,496 times
Reputation: 9284
I can see how it works for the homeless... but they don't have any money to buy it... what's that? The government's coming to give them all free micro-homes??? Great....
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Old 05-05-2011, 08:56 AM
 
Location: Raleigh, NC
12,475 posts, read 32,263,060 times
Reputation: 9450
I think they are adorable! Almost like a townhouse but not attached. I can see it appealing to the same group of folks that like condos but without the huge HOA fees that condos have.

However, with the smallest one at 300 sq. ft. and selling for $120,000, that comes to $400 per sq. foot and I'm not sure how you'll convince people that is a "deal"!

Vicki
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