Quote:
Originally Posted by JohnnyNight
Do you not understand these people actually live in these houses..??
This is for real..
Last night they had a Jamboree Convention Show about a Tiny House get together in Colorado..
Hundreds driving from all over the country to show off their cupboards on wheels..
The crazy thing is I have a hard time not watching it.. Lol...!!
I keep trying to figure it out.. lol...
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People live in them yes. I can 100% understand why they do. Not everyone wants a big house and in this day and age $30k sounds like a bargain to many people. Would I pay $30k for one? Fuck no, I'm capable I'd build my own but it wouldn't be on wheels, it would be in the mountains as a off-grid cabin.. Something that would at least hold value due to the property..
Is it a horrible investment? Well IMO yes but that comes with conditions..
If you are paying $1k a month to rent an apartment, which is cheap in many places, in 2 years which is the average stay at one place for apartment renters, that's $24k out the door with zero to show for it.
Lets say you build one of these tiny houses and it costs you $30k.. It's paid for it's self in 2.5 years. If you then decide to sell it, even if you only get $5k out of it you just profited $5k by living in it..
If you are paying more for rent then it pays for it's self faster..
So is a tiny house on a trailer really a bad investment if you know you would be renting a place? I don't think so if you have legitimate way to make that money back in way of savings.
Now ad to this, I see it as no different than any RV.. People are paying $50-100k for RV's that literally fall apart in 10 year time from "weekend trips". Try living in a RV full time and it's going to go down hill very fast.. Added to this RV's have notorious loss of value..