It is no secret that, although popularized by HGTV and various TV shows, the tiny house industry is still in its infancy. Many people rightfully wonder if it is a passing fad or a true evolution of our housing needs and preferences, and we were thrilled to read these fascinating statistics from www.ipropertymanagement.com about the future of the tiny house industry.
Obviously, at Modern Tiny Living we see a huge future for the tiny house movement or we'd not have opened up a huge shop dedicated solely to designing and building beautiful custom tiny homes. The market has certainly responded, with huge growth year over year in the industry for the past 5-7 years. As lending options become more widely available and jurisdictions continue to relax on square footage requirements, we believe the tiny house movement will grow from a small trickle to a full waterfall.
Take a peek at some of the statistics offered in this article, and you'll see why the tiny house industry is not only here to stay, but prepared for spectacular growth.
Tiny House Statistics 2020 Article
Hey tiny house family, we just wanted to share this fun, informative Market Watch article on the impact of the tiny house movement on retirees.
From Market Watch:
"The burgeoning tiny house and micro-apartment movements, which generally describe accommodations smaller than about 400 sq. ft., are sometimes seen as young person’s trends, with budget- and environmentally conscious millennials and Gen Xers seeking to slash living costs while lessening their environmental footprints. Some familiar with the industry, however, say they are increasingly of interest to older people at or nearing retirement age."
At Modern Tiny Living, we have already built dozens of tiny homes for retirees and millennials alike, and it really just goes to show that the tiny house movement serves a different purpose for everyone involved. As it relates to our older or retired customers, they are finding great solace in the financial and material downsizing that takes place when going tiny, so it is no wonder that over the past few years that a tiny house has truly entered the conversation for long term retirement living.
Click Here To Read The Entire Article on Market Watch