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Old 05-12-2017, 12:53 PM  
Rochard
Jägermeister Test Pilot
 
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Join Date: Dec 2001
Location: NORCAL
Posts: 75,096
Quote:
Originally Posted by crockett View Post
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..
See I can totally get this. It's cheaper, easier to maintain, and easier to keep clean.
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