According to the ATHA (American Tiny Homes Association)
The tiny house movement is not slowing down as more and more millennials discover a way to have a less stressful life,home ownership, and keep all the comforts of the 21st century, without the lifelong (until death) debt of their parents. Millennials want to enjoy their lives today and not work so hard for things they don’t really need.

Three things come first to consider when deciding to live in a tiny house. The coding, zoning and costs including land. Coding pertains to the home itself, how the structure is built and the standards its built to and for what specific purpose. Codes, like housing codes,RV codes etc…are regulated by either national or local legislative bodies if building on site the build must be specific to that county or city code. Zoning pertains to where (the area) your home is going.Tiny homes if we are honest are a perfect answer to most of millennials’ problems even tough millennials are by far the best educated generation they have more student debt than any generation that came before. For millennials with debt and the accompanying credit issues looking to purchase homes or invest in property securing a loan is close to impossible. Not to mention rising costs of living and lower wages especially in southern and mid-western states notorious for having a lack of infrastructure and safety nets for families.

A tiny home represents a lower-risk investment that won’t put you deeper in lifetime debt the average homeowner pays 30-35 percent of their wages for home ownership. Millennial-friendly tiny houses come loaded with amenities with indulgences like fireplaces, solar-powered stainless steel appliances, on demand hot water heaters, vaulted wood ceilings or even teak showers and bamboo floors. Because the home is smaller having items that are considered luxuries is less expensive you get everything you’d find in a high end suburban home, only smaller.

In an interview with the Boston Globe Katie Hutchison, an architect and author of “The New Small House” (Taunton Press, 2015) reflected that “Smaller homes are not only more affordable and gentler on the environment, but it can be empowering to have less to maintain and less to worry about acquiring,” Millennials want less expensive, more low-maintenance homes. progress for them is not square footage they have to mop or vacuum but smart efficient homes with low carbon footprints the ability to control heat and electronics from their phones or even go off grid Surprisingly most progressive millennials buy their tiny homes with cash!Although a few build their own homes most elect to hire a company and either pay in full up front or apply for a personal loan through their bank. According to USA Today and Independent reporting services “there are an estimated 10,000- 20,000 tiny homes in the US, with the majority of owners being under 36 years old.” “…many middle- and low-income area residents spend more than they can afford on housing. Some 38.6 percent of area households in the $45,000 to $74,999 income range and 66.1 percent of those in the $30,000 to $44,999 income range are housing-cost burdened.”

Because most tiny homes are portable the U.S. financial system does not consider them houses instead they are placed in the category of recreational vehicles or mobile homes. because of zoning and code laws parking your tiny home usually involves time spent with people negotiating or checking with building officials or tax authorities. In August of 2018 The Federal Housing Finance Agency announced that Fannie and Freddie will both be shutting down their single-family rental pilot programs and ending their participation in the single-family rental market again showing a lack of care for middle class Americans making Tiny housing the only option outside of assisted living for many Americans as gentrification makes renting in most large cities how much rent cost for families in major cities beyond affordability for couples who make less than $40,000 dollars a year By its definition, a household of three would have to earn between $42,000 and $125,000 to qualify as middle class in the U.S.

Because of this many believe going tiny is inevitable. Instead of big houses, living on a wide expanse of land with natural beauty will be the sign of prosperity. CNN business reported that “more than half of Americans would consider living in a home that’s less than 600 square feet, according to a survey done by the National Association of Home Builders. And among millennials, interest increases to 63%.” Jewel D Pearson is a blogger for the Tiny House Movement who shares what tiny house living means to her. “Tiny house living is less stress; less to clean, less to have to work to pay for, less to worry about being able to afford, less time to get to actual home ownership.

It’s also more; more realistic as an opportunity for home ownership for people of color who might not otherwise achieve it, it’s more money to use elsewhere, more peace of mind, more time to spend on what’s important versus overworking to pay for the big house you may not get to enjoy. I never saw going tiny as regressing, because I knew I wasn’t giving up anything other than unnecessary space. Though I did have other people of color ask me if I was experiencing a financial hardship. For me building a tiny house represented freedom. It also presents an opportunity to customize your home, to make it your own. Don’t want a composting toilet? You don’t have to have one. Don’t want a loft? You don’t have to have one. Want to incorporate some expensive something or another you wouldn’t use in your large house because of cost? You can, your square footage is smaller and therefore your cost is smaller. My favorite saying is – you don’t have to give up luxury to go tiny!”

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