Looking At The Numbers
The idea of living in a tiny house seems exciting, doesn’t it? But when you look at how much influence this movement has created, we can understand that there is much work to be done still.
According to a recent survey, only 3,000 out of 1.5 million homes listed in the United States were “tiny homes”.
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No Mortgage
Now on average, a tiny home costs around $23,000. What does this mean? It means that almost 70% of owners of tiny homes have no mortgage.
If you’re a homeowner, you know one of the biggest killers is the monthly mortgage which usually lasts for around 25 to 30 years. Having a tiny home cuts that out almost completely.