Well, your typical household has been laughing its way to the bank with $200K gains for years. That "passive" sale money would have otherwise gone toward making homes more affordable for the average buyer.
You know you say that, but really, they’re doing the community a huge favor. They could have just built fewer homes. 1500-2000sqft is still pretty small. Cost the builder $100k to build, but instead of charging $200k, sell each one at $300-400k instead. Or built that community of $200k homes, allow the first person who has cash to own it, and now all those would be home buyers now have to pay rent to whatever corporation bought out the entire inventory of homes. A corporation could technically buy out all these tiny homes too, after all, that one person says they’re paying rent, but the hope is that the builder IS the landlord, and that this is a way for the lower class to be able to afford a nice safe place to live, as they seem to be unable to qualify for a home loan. Could also be subsidized housing too, and that’s why they’re paying rent.
Show us how it's done boss. I'd love to see someone spreadsheet out how they are going to do a foundation, framing, roofing, siding, insulation, HVAC, plumbing, electrical, drywall, painting and still afford all the materials on a 600SF home for $50,000. In this exercise, you have to presume it's 2024 and you can't use slaves to cut down on labor costs.
@onjekaji5832 Cost per SF doesn't tell the whole story. There are both fixed costs and variable costs on every aspect of a house build. Fixed costs don't go down just because you are building fewer square feet. If you can build a 1000 SF house for $250,000 that doesn't mean a 100 SF house is going to be $25,000.
A small house also has a lot of costs. Let’s say permits cost $250. That’s $250 whether it’s 6,000 sq ft or 600. The same with sewer hookup. Let’s say the hookup is $1000. Now the house plans. The architect charges $500 per plan. That’s the same whether it’s big or small. There are so many of these fixed costs that developers build bigger and bigger homes!
I spec build and that is at most $120 per sq foot, plus site costs. At most the are in at $130,000 which really isn’t that much profit. They probably into it for a total of 100,000 so in that case it would be a very good profit.
It shows a reality most Americans don't see. We scream "build more" so prices would come down but almost all of the increasing cost is in the land. Home structures only increase with inflation. But when most Americans wants to all live in popular cities and popular places within those cities we can't build more land in those places so buyers bid up the price of the land the house sits on. Also it shows "tiny" is not proportional to cost. It's isn't 50% cheaper to build a 600 sq ft house vs 1200 sq ft. There's really only a small savings of maybe 25-35% less depending on finishes..
Yeah these things really shouldn't be more than $30k - $50k. THAT is affordable. I bought a 5,000 square foot 5 bedroom house in Minnesota about 10 minutes from Minneapolis for not much more than these things cost.
@@thelbtloverYeah ngl that's why I refuse to leave the Midwest, sure it's cold and I hate the damn snow, but at least I can eat and that's enough. Not sure why people think they'll make more money moving anywhere else when they'll have to spend 3 times more than in the Midwest.
$287,000.00 US... WOW... I have 6 acres (3 fenced)... With Large 2 bed 2 bath Home... 1471 sqft... A separate 5 car garage... A separate 2 RV garage... ALL WITH SPANISH STYLE BRICK WITH CLAY TILE ROOFS... A 12x12 shed... For... LESS THAN THE PRICE OF THESE TINY HOMES... WOW...
@@chillmurray7529that's the typical cost of a starter home according to the stats they displayed. I believe the cost of these started around $140,000. It looks like only one is now available for $153,000.
@@chillmurray7529that's the cost of a starter home according to the stats used. The cost on the Lennar website for these homes shows as $159,999, with one currently available for $153,999.
@@chillmurray7529 I went back and looked because I could be wrong. That is talking about a globabally bench marked home, not these. From what I could find, they are asking $226 per sq. ft. and these are 600 to 800 sq. ft. Doing the math, that is $135,600 to $180,800. That is insane for that price. Another site said starting at around $160,000.
No. You buy a house to live in. Not to make money. That is what the OP is talking about. And yes, THAT is EXACTLY what is wrong with the American home market. GREED.
@redraiderrider3289 If people just buy homes to "live in" why wouldn't they just continue renting wise guy?. You could rent a similar sized house such as this for far less money and also not stress about repairs and property taxes . Obviously, people buy houses as pure financial investments to build wealth and there nothing wrong with that. Stop trying to fake virtue signal. You people are so self righteous until your on the recieving end of benefiting from capitilism. I just bought my first house for 325k at 23 years old. I didn't have anything handed to me and it took alot of sacrifice and long nights of penny pinching. I didn't complain though because I knew it would pay off don't blame anyone but yourself for your life choices
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I won't pretend to know everything, though. Her name is Melissa Rose Francks but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
Its beyond time to ban hedge funds and foreign buyers from buying up residential real estate. Hedge funds add no value to anything they touch - their goal is to strip as much money as possible from whatever they target, without any cares for how it impacts everyone else.
Gotta convince the politicians from stop taking kickbacks from lobbyists who actively make sure there is no such ban. And why stop at hedge funds and "foreign buyers" (who would just find a way to buy using a local buyer), just prevent anyone from buying a home that doesn't live there for a period of XX years, watch housing prices plunge back to where they probably should be. Stop people from buying cheap houses, thinking they're Bob Vila and fixing them up, and then flipping them for a huge increase in price too while you're at it, "the fixer upper" used to be the default starter home for people who didn't have much money but knew how to swing a hammer, now you can't even get those.
@@Mike__B Fewer people have the skills or desire to swing a hammer. Hedge funds are not targeting dilapidated homes - their preference is to buy new homes, sometimes an entire builder tract at a time - or to buy nice houses out of REITs. Either way their goal is to push the lease and rent prices higher. They are often leasing to the same very individuals they outbid and priced out of home ownership. Other countries have such bans that restrict buyers, we need the same.
@@Thomas63r2 I agree, but what "other countries have" doesn't work here because of the legal bribery that we have in politics called lobbying. And no hedge funds are not targeting broken homes, but people who have more money than sense and watched shows about "Flippers" do, it's simply another avenue that gets bought up because those people know they'll make money and can overbid on properties by certain margins and still make a profit meanwhile fresh out of college newlyweds can't even afford a broken home to call their own so end up having to rent and pay more than they'd pay in mortgage payments as a result.
OK. Big investors own 0.7% of houses in the US. Sure ban them. Won't change anything but at least people will have to find another bogeyman to complain about. Foreigners buy about 7% of homes so banning them would have a small impact. But foreigners do buy more at the higher end unless it's for a rental. So maybe no impact on starter homes. Of course banning them would reduce rentals so rent for SFHs would probably go up. Or we could ban all investors and force the sale of all homes except owner occupied. That would sure drop prices for buying. Screws people who want to rent. This banning thing is renters who want to buy cheap. They want anything that will crash prices so they can get in cheap. Of course once they're an owner they'll want investors and foreign buyers to be allowed back in to drive up the value of their house. It's selfishly transparent. Law makers are never going to crash the value on the houses 66% of Americans own just so 5% can get a cheap price.
@@sandraponce9895 well, no conclusive study on that yet, but yes, the radiation from those powerlines have been shown to damage DNA on this one study I saw. but I'm glad those families are willing to become guinea pigs for the entire human race...we need to thank them for their sacrifice.
You'll notice that the size of the house compared to the property is a requirement of the town's zoning, not the promoter's choice who would likely have preferred to build a tad bit more on this land.
@@sandraponce9895 Your ignorance of large powerlines causing cancer while not worrying about kids sitting on top on pad mount transformer and the powerlines that run to power neighbours is beyond amusing. Cancer as you call is far worse on feeder lines and transformers than transmission lines like those out back. Do your homework and stop being typically ignorant.
@@FirstLastOneThere are decades of research and class action lawsuits involving these types of powerlines and their link to childhood cancers, leukemia in particular. Ever heard of Erin Brockovich? Julia Roberts even portrayed her in a film covering the first landmark case of its kind. Came out in 2000 I believe. Might want to read a little about the decisions.
Talk yo ish , but I'm almost sure if you had no choice ( which was the point of this video) . You'll live there too if that meant you had something of your own .
Come on kens this is bad reporting… How much are these tiny homes? You tell us what a trailer costs and what median home values are but not what you’re actually reporting on!
In today's world a journalist does not a journalist, they just read things off paper, there's no need to hire anybody who went to school for education you just hire people that will read the script as you write it
These homes start at around $160k on their website. I would imagine that the ones featured here are closer to $180-190k. Way too expensive for what you get.
I just bought a four bedroom three bath home on a third of an acre in Florida for $170,000 and my interest rate is only 2.3%. I bought it two years ago and it's lovely.
These look exactly like the old mill houses they built for the workers they brought down from Appalachia. They used to call them shot gun houses, because you could shoot a rifle through the front door and the shot would go right out the back door.
@@derk3933 boomer privilege and generational wealth mean a bunch of richies started off with mommy and daddies money, meaning yes, you can be born into it. my fathers family all have CTX train money so yeah, no wonder the kids like a 20 yr old airline pilot. he bought his way in, duh.
2:30 There's part of the problem... "buy the starter home then look into flipping it later on" Of these tiny homes how many who live there actually own the home, or the bank owns it indirectly via a loan process? That is the #1 problem with why home prices are shooting up, it has nothing to do with "lack of homes" and everything to do with people, entities, nations, using houses as an excellent ROI, and not a single damn politician is doing anything to prevent that.
@@MrWaterbugdesign Nice straw man there, never said anything about the government setting prices at all, or who gets what house, just preventing the equivalent of scalpers for a commodity that is often considered a necessity. Again no government interaction setting prices, let the market dictate but only let those shop who actually are going to be the customers in said market.
@@Mike__B Using ignorance to emotionally manipulate your generation is extremely appalling. Everything you said is what corrupt politicians want people to think like. Disenfranchising others by trampling on their civil rights for the, "Greater Good" is disgusting yet you have no shame in supporting said ideology.
Not only a potential hazard and fire one at that but also an eye soar. It’s ugly all around. It’s hell. Bet the rich are laughing seeing this. So sad for the working class.
Yea… a garage just a garage sold near me for $110,000… so I’m not surprised I’m just disgusted Remember the most important thing for everyone to demand from the government is an investigation and thorough prosecution of everyone in the Panama papers and the pandora papers They’re the ones making all the money scamming us, and they don’t pay any taxes.
People are idiots. The dream is to buy land and build a tiny home, not by a tiny home from my neighborhood that cost almost the price of an actual house with no yard or privacy. Poor pawns
@@gregorriusadolphus2729 their $160,000 and under 800sft. For an extra $20,000 you get a house with over 400 sft. They’re Just praying on the poor and taking their money for barely any room or yard if you can even call it that.
It seems to me the real issue that should be discussed is; why are developers primarily building new homes for upper middle class and above? Where are the homes for low to middle income people? They can't afford a "starter home" at these prices.
They look exactly like what they built here in Florida, North Central Florida, for only $2300.00 a month to rent. In my city, hardly anyone gets full time work, is a college town. Mobile homes are built better than these homes. The builder is currently under investigation in several states hecause of low quality work.
Yes! LOL 😂 A few years ago I had stopped by a Lennar housing community, and their model homes where fairly nice and didn’t notice any imperfections or shabby construction… until they were able to take me to a lot in the community that had a completed move-in ready home. That’s where I noticed the hastily constructed workmanship and the cost saving manners that some of these home builders are known for. Dr. Horton and Lennar are two of the worst home builders I’ve experienced here in California. Ended up purchasing a home built by Toll Brothers.
The thing is only 8-10 years ago in a lot of major cities you could buy a normal home for half the price as one of these homes. We can thank the real estate investors for this and lack of governmental controls.
The opposite - too many government controls over mortgages, interest rates, zoning, construction practices, and labor is what led to the housing shortage.
In case you haven't noticed, America is being "downsized". I remember when I was a young man, that the goal was to improve one's life and achieve even greater square feet than the parents' home. Now, everything has reversed. They now are preparing young Americans for a life of squalor. The "New American Dream" is a 600 square foot TINY HOME!!! When "Empire" declines.
@@gamingwitharlen2267 That's how old my Dad was, I believe, when he bought his home. Right out of the Jim Crow south, to buying a home in his 20s. And he's a marginalized, disaffected, no ID black man. Can't imagine why it's impossible today. Unless of course, you believe "them".
Considering how much land is around every person on earth could own a well over 20000 acres or more acres of land. Yet the greedy decide to compress ppl into small lots.
I lived in Indonesia for a awhile, moved to San Antonio back in 2018. Stayed 1 year and moved back to Indonesia in 2020. Bought some land and built a huge ass house, 3 bed, 3 bath three story home for around $75, 000 all in. The American Dream is dead there. I couldn't afford to rent much less own over there.
Tiny home... Regular home price. I have yet to see what people in San Antonio call affordable. As for privacy... you fart and the neighbor for sure is going to hear/smell it.
These houses is what corruption and greed look like. It’s a matter of time before things get out of hand with neighbors complaining about loud music or spying or whose side is whose.
Would love to see, not tiny homes, but smaller 1500 sq foot ranch homes built in my area so that there is a new home that is affordable for majority of people!
Not a problem. Buy a lot and hire a home builder to build whatever you'd like. Trouble is you will quickly find out it costs almost the same to build a 1500 sq ft vs 2000 or even 2500. Most people think a 25% smaller house will be 25% cheaper but the reality is it's only a little cheaper. If builders could make more on 1500 sf houses than 2000 sf house they'd be building them. Trouble is when they do build smaller the buyers pick the larger homes because the cost is only a little more.
These aren't actually technically a tiny homes, these are classified as small homes, 500 sq ft or less. This is fine for a single or couple. Obviously not big enough for probably families. Not say, that people wouldn't try.
@@hexayinyes they buy a piece of land. And they could build a nice neighborhood of say 20-30 decent size homes but because of greed and selfishnes they instead decide let’s cramp up as many homes as possible ppl will buy and then charge high prices. We benefit and the ppl buying these will deal with the repercussions it may bring.
You have a concentrated group of home owners and don’t put anything else in the subdivision ? They could have put a little store in the area, gym, restaurant, park and had a nice little walkable community. But I’m guessing it’s another car dependent development cut off from everything right?
Yup. It's like a mix of a modern suburb and somewhere akin to inner city homes without the benefits that either brings. Suburbs have privacy, the city has amenities. These have neither.
287k for that home? Developer is laughing to the bank. They really took advantage of desperate people. Building materials alone for that home isn’t even 50k.
@@Bizcachita Shouldn't be no more than 75k. Also a requirement in the contract that these homes cannot be investment homes and must be a human being to own one.
I know the area.I recall driving down FM 1518 towards St.Hedwig years ago.Where Abbott Road crosses 1518 there was nothing there but what was an old store,which also housed a bar as well Looking on Google recently, they got a lot of these houses on the right side of 1518 as you head towards San Antonio..If I had a tiny or small house, it would be a bungalow on a lot ,not to big, not to small, with maybe three or four rooms and bath.Secobd bedroom could be a guest room -office combo..It could have a inset porch , like a littke cottage I like in Garlinghouse,s Kamp kabins from the1930s,40s..Too old togo climbing stairs.Also, if you go to Internet Archivez they have various hoyse plan catalogs.Sears, Wardway Homes, Gordon van Tine, Aladdin etc.They have sone narrow houses too, but their houses have upstairs two or three bedrooms.
Wait until you find out for most of human history people lived in huts, and they fought and died for those huts. It's depressing that not everyone can live in a mansion I agree, but this is better than apartments isn't it?
Notice how the front facade is mostly door and window. That means there is very little area for the OSB decking to grip onto any studs to give the house left to right bracing. Add on the fact that it's a two-story house and more prone to being hit with winds and being vulnerable to the fulcrum effect, that house is guaranteed to fall over when hit from the side in a straight line wind.
Ok, after going to their website to look at the floorplan, this is just a very awkwardly designed shotgun layout. So goofy. And likely fairly uncomfortable to maneuver around within. Lots of wasted space due to the location of and design of the staircase. That nook in the kitchen is pretty ridiculous, go have a look for yourself. 😂 And as it is now, the upstairs has this huge section of practically unusable space serving as a sort of hallway between two small open areas. They could've made winder stairs to take up less room & position both bedrooms upstairs. A home this small also doesn't need 2 full bathrooms; it would work better with one full bath upstairs & a half bath downstairs. I appreciate their effort & think they're on the right track, but the overall design is a major miss & the price point is unreasonably high.
I agree, the layout is wonky and is there a back door to the yard? I'm no designer, however I was also going through the floorplan and questioning many of the same things you pointed out.
This. The size isn’t even that small, it’s the design and look. Builders like Lennar are typically bad at designing homes over 1,000 sq ft, and it obviously gets so much worse when they go small. The homes aren’t even that small, and they look cramped and tiny when they shouldn’t at over 300-600+ sq. ft…
I know a lady who has extreme seizures and she lives right under the junction. Where all the other ones come together and spread out. I told her it's those power lines and she thinks I'm crazy. But it all started when she moved into that house.
@@thewiseguy3529 You're right it's those transformer power lines her health will detiorate over time. Greed played a factor of letting the builder build those houses there.
@@sweets6865 I know it!!! I believe certain people are more sensitive to magnetism and electricity than others. Her house being under those power lines exposes her to microwaves. Literally the same things that heat the food in a MICROWAVE.
A Little Texas tornado and whoosh they're gone. I watched a video on how they are built. They're not worth $ 50.000. Man life just keeps on getting better everyday. NOT 😩
I looked them up, there was just one online, starting price $169,000..... WOW that is expensive and ridiculous for that size. One bedroom, two bathroom. I live in the Midwest and there are houses with 3 or 4 bedrooms for those prices, yard, full or partial basements, some with garages... but, you have to pay for heat in the winter, and the summers are humid, but you could live with no air-conditioner, especially if you would be willing to sleep in the basement. (a lot of people have their basements fixed up into extra workshop, living/family room, bathroom, storage for food and lots of other items like fishing poles, tools, hobby stuff.
Am software engineer. Graduated 3 years ago. 3 years experience on the job. Still cannot afford a home. Make $60k/yr. Done dozens of interviews the past few months, I'm not attractive to anyone. Put in over 300 applications. Might end up having to start my own company because these companies are getting obnoxious. 2 day at-home "coding assessments" and 5 rounds after that, only made it to round 3 after the assessment, and was told they filled the position. That was for $90k. No, not all software devs make great money. Friend works for BofA, as a software engineer contractor, makes $62k. He's coming up on 2 years experience.
1. Those are sheds, not homes. 2. Perhaps some of the worst concrete work I've ever seen. 3. Future high crime street. Near future. 4. High tension power lines hovering overhead. Yikes. 5. Still approaching $250 per foot. NO savings per foot over an actual house.
When I was staying by the AT&T center there was shootings everyday. Helicopters chasing looking for people. People walking at odd hours of the night. Make sure you have dogs and a weapon to protect yourself. All you can do these days is
I had to look them up. $155-$180k for 1bed/2bath w a washer and dryer. They’re too small for me personally but I can understand why a lot of folks like these.
I hope they make homes even smaller so they can double up as a casket. That way, when im 107 years old and am finally paying off my mortgage, they can just burry me in my tiny home/casket.
What do you get if you combine the charm, space and value appreciation of a trailer home with the HOA-bland and soulless hardie-board exterior and maintenance issues of a suburbian garden shed?
Good god we’ve been so conquered as a nation. They probably think we don’t remember the time of our grandparents that could live in a big house with jobs like teaching
Did he say these were over $200k??? A Tshed with 5' loft and screened windows is about $7k. Is the tiny plot of land that expensive? Especially if being subsidized with government programs?Sure there is a foundation, plumbing, and electrical work, but wow. These are a great option for meeting basic necessities if they are affordably priced. Thousands of mid-century houses are one bathroom, 1,000 sq ft. so this size is not that radical.
Privacy? You're within feet of your neighbor. Still i actually like them. But I'm one person with 3 cats & in an apartment. Only thing I'd like more is if they made it 3 stories with the ground floor being a 1 car garage. Then I could have actual power tools with a place to store them when I'm not crafting.
That sounds expensive. I do feel like they could have built a car port pretty cheaply though. Also, since there's backyard space you could buy one of those home depot or Lowe's outdoor sheds for under $500 and store your stuff outside.
@SpiKSpaN-ei6zq those homes are 660 sq feet and cost $160k. The American dream has been reduced to a shoebox. Big corporations (many foreign) are outbidding the rest of us on single family homes and renting those homes back to us at exorbitant rates. Also, idiot investors are using available inventory for short-term rental properties, which is further diluting inventory. Is that elaborate enough? I could literally write a book about the housing crisis, root causes and possible solutions.
Before we got rid of that "flipping" mentality we all will suffer from these ridiculous prices! CHANGE THE LAW!!!! TWO HOMES MAX PER-PERSON PER-STATE!!!!
This house is literally all I need though.... Something easy to take care of, a garage for my car, a driveway, a place to sleep, a place to cook, and a place to get ready for work.... Obviously I would like if these were cheaper, but I get the concept.
They remind me of the cheap smallish houses built in the 40s and 50s, except the prices of them seem a bit high for what they are. Makes me Question about they're quality.
It's a great idea, but the price is absolutely outrageous for what you get. Our parents and grandparents could get a real, normal sized home for $100,000. People have been tricked into thinking this is a good deal and it absolutely is not. The price of homes is out of control and this is a lot cheaper than that, but it's still an outrageous price. We cannot lose sight of that.
I love this! Most homes are to large for us anyway. Look at the 1950s. Homes where smaller than now. The prices on these tiny homes seem a little high to me tho.
I hope all these folks complaining about these homes already own. All I ever hear is how unaffordable homes are nowadays. Here’s a solution to help more people get into home ownership. Is it perfect? No. But, you do get a couple sleeping areas and a small yard. Seems like everyone here “must” have 3000 sq feet on 3 acres and the cost should be $100k. Due to supply and demand, that cost doesn’t exist anymore.
In PA you can buy an older home in a small quaint town for less. And that includes TLC COSTS. It’s absurd , almost 250,000 for a 660sqft home. In Delaware you can get a nice new town home with that money. Look at the size of that lot . How can you justify such a high asking price. This IS NOT AFFORDABLE HOUSING !!!!!!!!!!
I remember 2007. If it does turn out to be a bubble, the people who bought new tiny houses won’t be the most screwed, but they’ll be top 5. #1 most screwed will be the ones who bought new homes in the exurbs with high interest rates.
but why does it have to come to this? People are living in their cars and calling it "Van Life" to cope with the fact that they cant afford to life, a decent life with dignity. This isn't a solution, just a band-aid.
"You'll own nothing and be happy". Eventually, it'll be just a square home of no more than 150 square feet and they'll charge $100k for that square. Leave the United States while you still can. You can buy literally bigger places in other countries at a fraction of the prices. You can also still operate businesses locally without being in the States. The same applies to remote jobs if you upskill yourself, just staying,. Think bigger and don't limit yourself to what you see around you.
They'll be trying to sell us porta potty's as homes soon for $20k because they managed to fit in a tiny granite sink and added 'storage space' above. Also when you're ready to sleep you just flip it on the side horizontally to sleep.
Has the main disadvantage of trailer houses. To maximize sq ‘ per linear foot of wall,the foot print should be square. At least they are two story which cuts in half the roof area . 16 x20=320sq foot x2 =640 sq ft. Exterior wall 72’x 16’ high =1152 sq ft exterior wall. These houses look like they are 10’ wide so must be 30’ long. So, 80’linear feet of wall x16 =1280 sq ft exterior wall. By squaring up the footprint you gain 40sq ft of space and decrease outside wall area . More wall area increases thermal loss,whether in cooling or heating. Also more efficient use of space in wider house because the virtual passage ,whether enclosed by walls or not, is shorter. Lowering the ceiling to 7’ instead of 8’ gives the illusion that the rooms are larger while reducing conditioned volume by 12%. The only reason for making these tubular houses is for portability. If they are permanent they should be squared up.
I live in a "tiny house" in the UK. It's solidly built from brick with a tile roof, and ideal for a singleton, or a childless couple. Living room, bedroom, bathroom, kitchen and an entrance lobby. It even has a tiny garden (12ft by 7ft6in). I just love it. I've been here 25 years, though, so the initial price was pretty low. These days, identical homes on my estate are going for over £100k.
If you guys quit telling yourself it’s fine. And just don’t pay them. Then they will have no choice but to lower the price to something realistic. But no. People have zero control over their spending. It’s like a dog who got off the leash to them. It’s ridiculous. STOP. OVERPAYING. YOURE MAKING SHIT WORSE.
My house was $281,500. Closed in 2022. 1,586 square feet. 3 beds 2 baths. Fully finished basement thats big and basically same size as main level. 2 car attached garage.
My house was $170,000. I bought it in 2022 also. Only 2.3 interest rate. 2100 sq ft on a third of an acre with a 350 sq ft back building. Four bedroom three bathrooms. And I live in Florida which I love because I swim in my pool every day that I can.
This is just a modern-day version of what we used to call the old shotgun houses! Nothing appealing here! We need Trump back!!! He was really making our country so much better!!!!!
i don't mind the size, i've lived in smaller but i'm curious on noise isolation. I had a small studio where the walls were almost sound proof but the ceiling/floor above me was not.
Well technically this isn't a tiny home because it's over 500 ft², I guess it's a Texas tiny home. After all. They say everything is bigger in Texas including tiny homes
Have you ever been close to those powerlines before those things make a buzzing sound all day all night from all the electricity running through those lines I would not stay nowhere near those power lines. To each it own that’s my saying.
I bought a 2100 square foot home on a third of an acre with a 350 square foot out building totally fenced at 2.3% interest and only 170,000 in Florida 3 years ago.
I live in a small house, it is 690 ft.². It was built in 1900. I love it. It's great for one or two people. It's better than these places because it has a huge yard. But these homes are definitely an option for people. I could sell my house tomorrow even in this crappy economy for $210,000.
@@poollife777 it's very true. Just because it might not happen where you live my house would very easily sell for that amount where I live. A friend of mine just sold her daughters house, which was smaller than mine, and in a lot rougher shape for more than that. The prices are ridiculous. But I don't have to worry because I'm not selling.
Builder is laughing all the way to the bank
At the morons who bought them!
Well, your typical household has been laughing its way to the bank with $200K gains for years. That "passive" sale money would have otherwise gone toward making homes more affordable for the average buyer.
@@jaredroussel8
You know you say that, but really, they’re doing the community a huge favor. They could have just built fewer homes. 1500-2000sqft is still pretty small. Cost the builder $100k to build, but instead of charging $200k, sell each one at $300-400k instead. Or built that community of $200k homes, allow the first person who has cash to own it, and now all those would be home buyers now have to pay rent to whatever corporation bought out the entire inventory of homes. A corporation could technically buy out all these tiny homes too, after all, that one person says they’re paying rent, but the hope is that the builder IS the landlord, and that this is a way for the lower class to be able to afford a nice safe place to live, as they seem to be unable to qualify for a home loan. Could also be subsidized housing too, and that’s why they’re paying rent.
@@UmmYeahOk Haha, favor eh, i can't imagine how small homes will look in 20 years down the line, probably literal shoe box sized.
These 1 bedroom "homes" are super cheap to build and should not cost more than 50k
Show us how it's done boss. I'd love to see someone spreadsheet out how they are going to do a foundation, framing, roofing, siding, insulation, HVAC, plumbing, electrical, drywall, painting and still afford all the materials on a 600SF home for $50,000.
In this exercise, you have to presume it's 2024 and you can't use slaves to cut down on labor costs.
You just do the math, cost per sq ft in comparison to the regular cookie cutter houses… duh …. Way too OVERPRICED
@onjekaji5832 Cost per SF doesn't tell the whole story. There are both fixed costs and variable costs on every aspect of a house build. Fixed costs don't go down just because you are building fewer square feet.
If you can build a 1000 SF house for $250,000 that doesn't mean a 100 SF house is going to be $25,000.
A small house also has a lot of costs. Let’s say permits cost $250. That’s $250 whether it’s 6,000 sq ft or 600. The same with sewer hookup. Let’s say the hookup is $1000. Now the house plans. The architect charges $500 per plan. That’s the same whether it’s big or small. There are so many of these fixed costs that developers build bigger and bigger homes!
You can't even get a trailer at a trailer park for 50k in my area. They literally start at 110k and that's for used ones.
theyre serving us crap and calling it chocolate cake
And everyone is lining up for seconds too!
😂😂😂😂😂
They're not serving you anything. You don't have to buy it.
They look like a strong wind could cause spontaneous relocation.
@@TheAutumnWind_RN4L strong wind could collapse it.
These 661 sq foot homes cost $161,999, that's $245 per sq. foot. That's a crazy high price. They also only have 1 bedroom.
Builder is ripping people off, and got a free Ad on TV
That's bullcrap. They shouldn't cost anywhere near that.
Boooo, talk about free advertising, that was gross.
I spec build and that is at most $120 per sq foot, plus site costs. At most the are in at $130,000 which really isn’t that much profit. They probably into it for a total of 100,000 so in that case it would be a very good profit.
It shows a reality most Americans don't see. We scream "build more" so prices would come down but almost all of the increasing cost is in the land. Home structures only increase with inflation. But when most Americans wants to all live in popular cities and popular places within those cities we can't build more land in those places so buyers bid up the price of the land the house sits on.
Also it shows "tiny" is not proportional to cost. It's isn't 50% cheaper to build a 600 sq ft house vs 1200 sq ft. There's really only a small savings of maybe 25-35% less depending on finishes..
287k for that?!! So much for affordable, those houses should be 100k MAX
Yeah these things really shouldn't be more than $30k - $50k. THAT is affordable. I bought a 5,000 square foot 5 bedroom house in Minnesota about 10 minutes from Minneapolis for not much more than these things cost.
@@thelbtloverYeah ngl that's why I refuse to leave the Midwest, sure it's cold and I hate the damn snow, but at least I can eat and that's enough. Not sure why people think they'll make more money moving anywhere else when they'll have to spend 3 times more than in the Midwest.
they set the house price using income, not actual value. crazy.
but but you are just 1 mile from all the wonderful offerings downtown can offer like encountering a meth head and eating 50 dollar a plate craft BBQ
287k? Source?
"it's small, but it's affordable" but it's not..
I feel like you're paying more per square feet.
$287,000.00 US... WOW...
I have 6 acres (3 fenced)...
With Large 2 bed 2 bath Home... 1471 sqft... A separate 5 car garage... A separate 2 RV garage... ALL WITH SPANISH STYLE BRICK WITH CLAY TILE ROOFS... A 12x12 shed... For... LESS THAN THE PRICE OF THESE TINY HOMES... WOW...
Yeah…when did you pay that price. Good luck doing that in the last decade.
let me guess, you rent? lol
@@robertyoung2819 you bought that 10? 20 years ago? lol
When the story doesn't tell you the price.....I call that a CLUE !!
It does tell: $287K 1:47
@@chillmurray7529that's the typical cost of a starter home according to the stats they displayed. I believe the cost of these started around $140,000. It looks like only one is now available for $153,000.
@@chillmurray7529that’s not the cost of the home it’s the median price of a starter home. The homes in this video starts at $150k
@@chillmurray7529that's the cost of a starter home according to the stats used. The cost on the Lennar website for these homes shows as $159,999, with one currently available for $153,999.
@@chillmurray7529 I went back and looked because I could be wrong. That is talking about a globabally bench marked home, not these. From what I could find, they are asking $226 per sq. ft. and these are 600 to 800 sq. ft. Doing the math, that is $135,600 to $180,800. That is insane for that price. Another site said starting at around $160,000.
"Its starter home and then flipping it later on"
And therein lies the problem with America's home prices.
Sooo starter homes should just be demolished when the original owner is done living in them?
No. You buy a house to live in. Not to make money. That is what the OP is talking about. And yes, THAT is EXACTLY what is wrong with the American home market. GREED.
@redraiderrider3289 If people just buy homes to "live in" why wouldn't they just continue renting wise guy?. You could rent a similar sized house such as this for far less money and also not stress about repairs and property taxes . Obviously, people buy houses as pure financial investments to build wealth and there nothing wrong with that. Stop trying to fake virtue signal. You people are so self righteous until your on the recieving end of benefiting from capitilism. I just bought my first house for 325k at 23 years old. I didn't have anything handed to me and it took alot of sacrifice and long nights of penny pinching. I didn't complain though because I knew it would pay off don't blame anyone but yourself for your life choices
You wont flip these in the future because these are the new trailer park ghetto's.
Yep
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@@hasede-lg9hj Please pardon me, who guides you on the process of it all?
I won't pretend to know everything, though. Her name is Melissa Rose Francks but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
The builder couldn’t even line up the front steps with the front door! 😂😂😂
or properly place an address # *3*
What ARE you talking about ? They were OCD and placed it smack in the middle …who cares ….stop complaining
No handrail and offset steps = guaranteed fall.
@@johnleebassmy favorite part 😂
@@johnleebass Yeah I love the idea of tiny starter homes but definitely need to address the quality.
Its beyond time to ban hedge funds and foreign buyers from buying up residential real estate. Hedge funds add no value to anything they touch - their goal is to strip as much money as possible from whatever they target, without any cares for how it impacts everyone else.
Gotta convince the politicians from stop taking kickbacks from lobbyists who actively make sure there is no such ban. And why stop at hedge funds and "foreign buyers" (who would just find a way to buy using a local buyer), just prevent anyone from buying a home that doesn't live there for a period of XX years, watch housing prices plunge back to where they probably should be. Stop people from buying cheap houses, thinking they're Bob Vila and fixing them up, and then flipping them for a huge increase in price too while you're at it, "the fixer upper" used to be the default starter home for people who didn't have much money but knew how to swing a hammer, now you can't even get those.
@@Mike__B Fewer people have the skills or desire to swing a hammer. Hedge funds are not targeting dilapidated homes - their preference is to buy new homes, sometimes an entire builder tract at a time - or to buy nice houses out of REITs. Either way their goal is to push the lease and rent prices higher. They are often leasing to the same very individuals they outbid and priced out of home ownership. Other countries have such bans that restrict buyers, we need the same.
@@Thomas63r2 I agree, but what "other countries have" doesn't work here because of the legal bribery that we have in politics called lobbying.
And no hedge funds are not targeting broken homes, but people who have more money than sense and watched shows about "Flippers" do, it's simply another avenue that gets bought up because those people know they'll make money and can overbid on properties by certain margins and still make a profit meanwhile fresh out of college newlyweds can't even afford a broken home to call their own so end up having to rent and pay more than they'd pay in mortgage payments as a result.
OK. Big investors own 0.7% of houses in the US. Sure ban them. Won't change anything but at least people will have to find another bogeyman to complain about. Foreigners buy about 7% of homes so banning them would have a small impact. But foreigners do buy more at the higher end unless it's for a rental. So maybe no impact on starter homes.
Of course banning them would reduce rentals so rent for SFHs would probably go up. Or we could ban all investors and force the sale of all homes except owner occupied. That would sure drop prices for buying. Screws people who want to rent.
This banning thing is renters who want to buy cheap. They want anything that will crash prices so they can get in cheap. Of course once they're an owner they'll want investors and foreign buyers to be allowed back in to drive up the value of their house. It's selfishly transparent. Law makers are never going to crash the value on the houses 66% of Americans own just so 5% can get a cheap price.
Amen to all that
my god, the POWERLINES at 1:25!! all these "houses" need is to be at the end of an airport runway to be absolute PERFECTION
Yikes I didn't notice that til you pointed it out. That's CANCER
@@sandraponce9895 well, no conclusive study on that yet, but yes, the radiation from those powerlines have been shown to damage DNA on this one study I saw. but I'm glad those families are willing to become guinea pigs for the entire human race...we need to thank them for their sacrifice.
You'll notice that the size of the house compared to the property is a requirement of the town's zoning, not the promoter's choice who would likely have preferred to build a tad bit more on this land.
@@sandraponce9895 Your ignorance of large powerlines causing cancer while not worrying about kids sitting on top on pad mount transformer and the powerlines that run to power neighbours is beyond amusing. Cancer as you call is far worse on feeder lines and transformers than transmission lines like those out back. Do your homework and stop being typically ignorant.
@@FirstLastOneThere are decades of research and class action lawsuits involving these types of powerlines and their link to childhood cancers, leukemia in particular. Ever heard of Erin Brockovich? Julia Roberts even portrayed her in a film covering the first landmark case of its kind. Came out in 2000 I believe. Might want to read a little about the decisions.
These tiny houses look like dog houses.
To me looks like a bird house
Zoning required single family homes, so the promoters delivered. The power is in the hand of the town, not the developper.
Zoning required single family homes, so the promoters delivered. The power is in the hand of the town, not the developper.
The wage slaves need a place to stay once their daily labor is done
Talk yo ish , but I'm almost sure if you had no choice ( which was the point of this video) . You'll live there too if that meant you had something of your own .
Come on kens this is bad reporting… How much are these tiny homes? You tell us what a trailer costs and what median home values are but not what you’re actually reporting on!
In today's world a journalist does not a journalist, they just read things off paper, there's no need to hire anybody who went to school for education you just hire people that will read the script as you write it
This is far more an advertisement than it is a news story.
These homes start at around $160k on their website. I would imagine that the ones featured here are closer to $180-190k. Way too expensive for what you get.
@@9sheri9 Price per square foot, they are actually at or above what a normal house costs.
@@user-dw1ls3rp1l the smaller they more you pay. go to the store and look at price per ounce you will see the same thing.
less than 20 years ago my parents bought a large 5 bedroom house for $160,000.00. it's depressing what out economy has become
Inflation...
I'm sure 50 years ago it would've cost 10k
I just bought a four bedroom three bath home on a third of an acre in Florida for $170,000 and my interest rate is only 2.3%. I bought it two years ago and it's lovely.
@@poollife777 price also has to do with location and demand
@@poollife777just curious but how high has your ins premiums gone up since you bought your house?
These look exactly like the old mill houses they built for the workers they brought down from Appalachia. They used to call them shot gun houses, because you could shoot a rifle through the front door and the shot would go right out the back door.
That’s funny👍🏻
Shack, shotgun shack
Yep!!!
Lol. Your Honor quote
those were nicer
We all voted for this. Tiny homes and giving more to the rich while calling everyone “lazy” for calling them out.
I can guarantee you own nothing.
@@MrResin-xk2mf That's the goal of the globalists
You will own nothing and you will be happy
@@MrResin-xk2mfOwing now is a liability not an asset
The Rich, you mean Wall Street they even control your 401-K. Lol. Good Luck to us all, from SoCal.
@@derk3933 boomer privilege and generational wealth mean a bunch of richies started off with mommy and daddies money, meaning yes, you can be born into it.
my fathers family all have CTX train money so yeah, no wonder the kids like a 20 yr old airline pilot. he bought his way in, duh.
2:30 There's part of the problem... "buy the starter home then look into flipping it later on" Of these tiny homes how many who live there actually own the home, or the bank owns it indirectly via a loan process? That is the #1 problem with why home prices are shooting up, it has nothing to do with "lack of homes" and everything to do with people, entities, nations, using houses as an excellent ROI, and not a single damn politician is doing anything to prevent that.
You prefer the gov to set prices? Determine who gets to have which house? Didn't work very well of USSR or China. Singapore has a pretty sweet system.
@@MrWaterbugdesign Nice straw man there, never said anything about the government setting prices at all, or who gets what house, just preventing the equivalent of scalpers for a commodity that is often considered a necessity. Again no government interaction setting prices, let the market dictate but only let those shop who actually are going to be the customers in said market.
@@Mike__B Using ignorance to emotionally manipulate your generation is extremely appalling. Everything you said is what corrupt politicians want people to think like. Disenfranchising others by trampling on their civil rights for the, "Greater Good" is disgusting yet you have no shame in supporting said ideology.
Isn't there like 750k on the market and 14M sitting vacant?
wow look at those high voltage power lines...
Beggers can't be choosers.
@quentint5735 Elvis Presley lived in a dog house while growing up. It's called a shot-gun house.
Not only a potential hazard and fire one at that but also an eye soar. It’s ugly all around. It’s hell. Bet the rich are laughing seeing this. So sad for the working class.
Right under a hazardous Ultra High Voltage power line. Nice
😢
I'm so glad that others noticed this horrendous fact, too. No thank you on those power lines!!!
Those powerlines pass through a lot of neighborhoods
And with those strong texas winds it’s just a matter of time
Those houses are still around 100K
right while they were made at 25k
@@julial3758 Bare lots are more than $25k. Reality vs social media fantasy.
Yea… a garage just a garage sold near me for $110,000… so I’m not surprised I’m just disgusted
Remember the most important thing for everyone to demand from the government is an investigation and thorough prosecution of everyone in the Panama papers and the pandora papers
They’re the ones making all the money scamming us, and they don’t pay any taxes.
These same homes are $200k in my area
No ther don't. The basic model is about $160K starting, according to the Lennar website.
People are idiots. The dream is to buy land and build a tiny home, not by a tiny home from my neighborhood that cost almost the price of an actual house with no yard or privacy. Poor pawns
Why are they idiots? They are buying what they can afford in today's market. And not everyone has the same "dream".
@@gregorriusadolphus2729 their $160,000 and under 800sft. For an extra $20,000 you get a house with over 400 sft. They’re Just praying on the poor and taking their money for barely any room or yard if you can even call it that.
That's what they want, a population full of idiots and peasants who thank their landlords for scraps.
The best way is buy land and build it, save thousands of dollars in the process and have more privacy 😂.
@@conqueror03 exactly 👍🏽
170k for a shed. Progress ✨
We are in a decay as a civilization if you look around
It seems to me the real issue that should be discussed is; why are developers primarily building new homes for upper middle class and above? Where are the homes for low to middle income people? They can't afford a "starter home" at these prices.
They look exactly like what they built here in Florida, North Central Florida, for only $2300.00 a month to rent. In my city, hardly anyone gets full time work, is a college town. Mobile homes are built better than these homes. The builder is currently under investigation in several states hecause of low quality work.
Yes! LOL 😂
A few years ago I had stopped by a Lennar housing community, and their model homes where fairly nice and didn’t notice any imperfections or shabby construction… until they were able to take me to a lot in the community that had a completed move-in ready home. That’s where I noticed the hastily constructed workmanship and the cost saving manners that some of these home builders are known for.
Dr. Horton and Lennar are two of the worst home builders I’ve experienced here in California.
Ended up purchasing a home built by Toll Brothers.
People want cheap, cheap, cheap and then get mad when they get cheap, cheap, cheap, results.
@2:37 is it me or is the three backwards? Or is it a cursive letter e?
You can tell it’s low quality work. Look at the steps and concrete. It looks shabby as hell:
Problem with mobile homes is the crazy high lot rent.
Looks like a double-decker trailer park.
That's what it will turn into.
It is.
@@justsayingforafriend7010that’s what it is
The thing is only 8-10 years ago in a lot of major cities you could buy a normal home for half the price as one of these homes. We can thank the real estate investors for this and lack of governmental controls.
The opposite - too many government controls over mortgages, interest rates, zoning, construction practices, and labor is what led to the housing shortage.
Same goes for everything else
In case you haven't noticed, America is being "downsized". I remember when I was a young man, that the goal was to improve one's life and achieve even greater square feet than the parents' home. Now, everything has reversed. They now are preparing young Americans for a life of squalor. The "New American Dream" is a 600 square foot TINY HOME!!! When "Empire" declines.
You can't get a big home when you are 25.
@@gamingwitharlen2267 That's how old my Dad was, I believe, when he bought his home. Right out of the Jim Crow south, to buying a home in his 20s. And he's a marginalized, disaffected, no ID black man. Can't imagine why it's impossible today. Unless of course, you believe "them".
Considering how much land is around every person on earth could own a well over 20000 acres or more acres of land. Yet the greedy decide to compress ppl into small lots.
Future ghetto
I see that coming
This is how housing develepments probably seemed like at first.
Better than a sidewalk ⛺.
@@wyzemanni'd say it's worse, at least a sidewalk won't wreck the economy
Section 8 dwellers.
Shady camera man showing that tiny square piece of grass in the front of the house when she said it’s my own space. 😂😂😂😂
Im telling you. Rich ppl are laughing seeing this. sad for the working class
Imagine the mom told the news anchor my kid loves the front yard he plays ball there and the kid just sits there with a tennis ball.
@@jdos5643 I know right
2:30 "We can maybe look into flipping it later on" - That's why the market is the way it is. Nothing is ever going to change.
The US had the third most affordable homes??? No way! I have a friend living in France, housing over there is not as expensive as it is over here.
I lived in Indonesia for a awhile, moved to San Antonio back in 2018. Stayed 1 year and moved back to Indonesia in 2020. Bought some land and built a huge ass house, 3 bed, 3 bath three story home for around $75, 000 all in. The American Dream is dead there. I couldn't afford to rent much less own over there.
The news is full of lies and half truths. Costa Rica, Philipines, Vietnam, Thailand, Mexico, etc, etc...all have cheaper homes.
Tiny home... Regular home price. I have yet to see what people in San Antonio call affordable. As for privacy... you fart and the neighbor for sure is going to hear/smell it.
And someone cosplaying as a tough guy already has the Harley parked out front. That thing will shake you out of your bed.
wait until one finds out its under an HOA with super strict fines and restrictions.
These houses is what corruption and greed look like. It’s a matter of time before things get out of hand with neighbors complaining about loud music or spying or whose side is whose.
Small enough to be an RV, big enough to generate property taxes. Nice. Lol
You nailed it. Anyone can see what this really is
Next evolution: living in unheated communal worker huts. Bug protein rations will be determined by social credit score and jab-dee-doo status.
Yep. All part of the plan.
They look like track homes for the previously unhoused
The term is tract home, built on a tract of land subdivided for identical homes.
@@JenniferBrooks-eq3rntypical US subdivision
Would love to see, not tiny homes, but smaller 1500 sq foot ranch homes built in my area so that there is a new home that is affordable for majority of people!
Not a problem. Buy a lot and hire a home builder to build whatever you'd like. Trouble is you will quickly find out it costs almost the same to build a 1500 sq ft vs 2000 or even 2500. Most people think a 25% smaller house will be 25% cheaper but the reality is it's only a little cheaper. If builders could make more on 1500 sf houses than 2000 sf house they'd be building them. Trouble is when they do build smaller the buyers pick the larger homes because the cost is only a little more.
These aren't actually technically a tiny homes, these are classified as small homes, 500 sq ft or less. This is fine for a single or couple. Obviously not big enough for probably families. Not say, that people wouldn't try.
1500 sq ft. is not small and ranch style use a large amount of land.
I said SMALLER, I didn't say small! @@IceLynne
@@bettysmith4527 o.k., 1500 sq ft isn't smaller. 👍 !!!!!!!!!!
Why not do rowhouses? They could have so many more sqft!
Because these land developers are greedy. It's not about providing a service, it's exclusively a profit game for them.
@@hexayinZoning required single family homes, so the promoters delivered. The power is in the hand of the town, not the developper.
Set back laws. It’s government regulation. I always wondered why the west coast has so few townhouses, it’s because of these rules.
Exactly, these kids like to blame prices not the city.@@marcbuisson2463
@@hexayinyes they buy a piece of land. And they could build a nice neighborhood of say 20-30 decent size homes but because of greed and selfishnes they instead decide let’s cramp up as many homes as possible ppl will buy and then charge high prices. We benefit and the ppl buying these will deal with the repercussions it may bring.
You have a concentrated group of home owners and don’t put anything else in the subdivision ? They could have put a little store in the area, gym, restaurant, park and had a nice little walkable community. But I’m guessing it’s another car dependent development cut off from everything right?
Yup. It's like a mix of a modern suburb and somewhere akin to inner city homes without the benefits that either brings. Suburbs have privacy, the city has amenities. These have neither.
They're right off fm78 so next to everything.
These subdivisions are a joke and a slap in the face of hardworking ppl.
The cancer-causing power lines are a nice touch.
Yea build them in a crap area that’s over run by gangs
😭
Ok, so poor people don’t deserve a home?
@iamhereblossom1588 Poor people deserve better than this. Poor people who are poor by circumstance deserve better than a place overrun with crime.
@@hexayin Yes they do and we can do that one step at a time.
So you saying 1600 Pennsylvania, Hamptons, Beverly Hills, Help me... Where else does politicians, sports owners, law enforcements live...?
287k for that home? Developer is laughing to the bank. They really took advantage of desperate people. Building materials alone for that home isn’t even 50k.
Theyre 150k. He was talking abt other homes
@@Bizcachita Shouldn't be no more than 75k. Also a requirement in the contract that these homes cannot be investment homes and must be a human being to own one.
I can buy a a shack at Home Depot put insulation drywall it tape it paint it for less then 25 k
I'm surprised they're not crammed closer together.
Ive seen some that are one or so foot apart 🤮🤮🤢
They would have if it wasn’t for the garbage cans that need to go out for pickup.
I don t know what I liked more. The high tension power lines in the yard or the offset front stairs!
I like upside down address number at 2:37😂
@@Shimonetadaisukithat was a upgrade
I know the area.I recall driving down FM 1518 towards St.Hedwig years ago.Where Abbott Road crosses 1518 there was nothing there but what was an old store,which also housed a bar as well
Looking on Google recently, they got a lot of these houses on the right side of 1518 as you head towards San Antonio..If I had a tiny or small house, it would be a bungalow on a lot ,not to big, not to small, with maybe three or four rooms and bath.Secobd bedroom could be a guest room -office combo..It could have a inset porch , like a littke cottage I like in Garlinghouse,s Kamp kabins from the1930s,40s..Too old togo climbing stairs.Also, if you go to Internet Archivez they have various hoyse plan catalogs.Sears, Wardway Homes, Gordon van Tine, Aladdin etc.They have sone narrow houses too, but their houses have upstairs two or three bedrooms.
@@hildahilpert5018 Yeah I totally agree, only downside is the HOA restrictions. You would have to buy your own piece of land to build a custom home 🏡
The backward 3?@@Shimonetadaisuki
Throughly depressing
Wait until you find out for most of human history people lived in huts, and they fought and died for those huts.
It's depressing that not everyone can live in a mansion I agree, but this is better than apartments isn't it?
No thanks.
Notice how the front facade is mostly door and window. That means there is very little area for the OSB decking to grip onto any studs to give the house left to right bracing. Add on the fact that it's a two-story house and more prone to being hit with winds and being vulnerable to the fulcrum effect, that house is guaranteed to fall over when hit from the side in a straight line wind.
100% agree!
The ideal here is easy profits, with little if any concerns for safety, or anything else.
The builders are genius..
Don’t worry there’s likely HOA fees to cover that and they’ll find a way so that it’s mostly your fault
Maybe if a tornado hits this place, they'll fly away into the land of Oz. o_O
Domino effect might happen with strong texas tornadoes or winds
This video never mentions the price of the houses. It's not $287,000, the 287k figure is for "globally benchmarked" starter homes.
Ok, after going to their website to look at the floorplan, this is just a very awkwardly designed shotgun layout. So goofy. And likely fairly uncomfortable to maneuver around within. Lots of wasted space due to the location of and design of the staircase. That nook in the kitchen is pretty ridiculous, go have a look for yourself. 😂 And as it is now, the upstairs has this huge section of practically unusable space serving as a sort of hallway between two small open areas.
They could've made winder stairs to take up less room & position both bedrooms upstairs. A home this small also doesn't need 2 full bathrooms; it would work better with one full bath upstairs & a half bath downstairs.
I appreciate their effort & think they're on the right track, but the overall design is a major miss & the price point is unreasonably high.
I agree, the layout is wonky and is there a back door to the yard? I'm no designer, however I was also going through the floorplan and questioning many of the same things you pointed out.
This. The size isn’t even that small, it’s the design and look. Builders like Lennar are typically bad at designing homes over 1,000 sq ft, and it obviously gets so much worse when they go small. The homes aren’t even that small, and they look cramped and tiny when they shouldn’t at over 300-600+ sq. ft…
I couldn't live under high voltage power lines.
I know a lady who has extreme seizures and she lives right under the junction. Where all the other ones come together and spread out. I told her it's those power lines and she thinks I'm crazy. But it all started when she moved into that house.
@@thewiseguy3529 You're right it's those transformer power lines her health will detiorate over time. Greed played a factor of letting the builder build those houses there.
@@sweets6865 I know it!!! I believe certain people are more sensitive to magnetism and electricity than others. Her house being under those power lines exposes her to microwaves. Literally the same things that heat the food in a MICROWAVE.
@@sweets6865those powerlines run through the city between multiple neighborhoods
A Little Texas tornado and whoosh they're gone. I watched a video on how they are built. They're not worth $ 50.000. Man life just keeps on getting better everyday. NOT 😩
I looked them up, there was just one online, starting price $169,000..... WOW that is expensive and ridiculous for that size. One bedroom, two bathroom. I live in the Midwest and there are houses with 3 or 4 bedrooms for those prices, yard, full or partial basements, some with garages... but, you have to pay for heat in the winter, and the summers are humid, but you could live with no air-conditioner, especially if you would be willing to sleep in the basement. (a lot of people have their basements fixed up into extra workshop, living/family room, bathroom, storage for food and lots of other items like fishing poles, tools, hobby stuff.
These houses at most should be 50k that’s it
Soak up the sweet electric vibes from the power lines above too.
You basically have to be a software developer to afford a home these days...
Fun fact: they get paid in peanuts.
@@MrResin-xk2mfstop Hating you schmuck….
Am software engineer. Graduated 3 years ago. 3 years experience on the job. Still cannot afford a home. Make $60k/yr. Done dozens of interviews the past few months, I'm not attractive to anyone. Put in over 300 applications. Might end up having to start my own company because these companies are getting obnoxious. 2 day at-home "coding assessments" and 5 rounds after that, only made it to round 3 after the assessment, and was told they filled the position. That was for $90k. No, not all software devs make great money. Friend works for BofA, as a software engineer contractor, makes $62k. He's coming up on 2 years experience.
I’m a city bus driver, the work is easy, all I need is my commercial driver’s license, and I pull $90k+ in my sleep.
I work as a software developer, see the prices and can afford one but they're so high I don't want to pay that ****
Way better than apartment living. But I’d only pay $90,000 for those.
With no yard, I wouldn't pay $35k for that POS property. It's an "idiot's dream" for sure.
GL ever finding a home at that price, you will only afford a mobile one.@@thewiseguy3529
1. Those are sheds, not homes.
2. Perhaps some of the worst concrete work I've ever seen.
3. Future high crime street. Near future.
4. High tension power lines hovering overhead. Yikes.
5. Still approaching $250 per foot. NO savings per foot over an actual house.
The WORST part of San Antonio the east side! Don't move to the east side
The west side is even worse.
@@srr2791Should one consider south side or perhaps north side? 🤔
@@ajkulac9895 There's a small area near FM78/Walzem that was built just like this. I think within the Spring Meadows subdivision.
When I was staying by the AT&T center there was shootings everyday. Helicopters chasing looking for people. People walking at odd hours of the night. Make sure you have dogs and a weapon to protect yourself. All you can do these days is
@@ajkulac9895 there are certain areas in the south side that are good and some areas are plain bad. Just be aware of your surroundings at ALL TIMES!!
I had to look them up. $155-$180k for 1bed/2bath w a washer and dryer. They’re too small for me personally but I can understand why a lot of folks like these.
I hope they make homes even smaller so they can double up as a casket. That way, when im 107 years old and am finally paying off my mortgage, they can just burry me in my tiny home/casket.
If only it would stay nice and safe. 😢
Bingo. The universal problem with cheap houses is cheap people buy them. Too cheap to maintain.
@@MrWaterbugdesignthe housing is cheap though. It’s regular price $160K-$280K is a normal price for a regular home
What do you get if you combine the charm, space and value appreciation of a trailer home with the HOA-bland and soulless hardie-board exterior and maintenance issues of a suburbian garden shed?
Good god we’ve been so conquered as a nation. They probably think we don’t remember the time of our grandparents that could live in a big house with jobs like teaching
Wish there is something like this in california, where houses are unaffordable
Did he say these were over $200k??? A Tshed with 5' loft and screened windows is about $7k. Is the tiny plot of land that expensive? Especially if being subsidized with government programs?Sure there is a foundation, plumbing, and electrical work, but wow. These are a great option for meeting basic necessities if they are affordably priced. Thousands of mid-century houses are one bathroom, 1,000 sq ft. so this size is not that radical.
People paid 20 - 30 k tops then. So not comparable.
I think its in bumfuc nowhere Texas so the land should be cheap
Bunch of crap
Tiny like your D
And people love it
the fact that its fully detached, has a driveway and an outdoor dining area and the square footage of a $500,000 (Montreal qc)condo is great!!
Privacy? You're within feet of your neighbor.
Still i actually like them. But I'm one person with 3 cats & in an apartment.
Only thing I'd like more is if they made it 3 stories with the ground floor being a 1 car garage. Then I could have actual power tools with a place to store them when I'm not crafting.
That sounds expensive. I do feel like they could have built a car port pretty cheaply though. Also, since there's backyard space you could buy one of those home depot or Lowe's outdoor sheds for under $500 and store your stuff outside.
To be fare I've seen bigger houses at a similar distance apart from each other.
Soon these homes will be 250k and regular homes half a million.
Regular homes are already at a million
Absolutely pathetic!!! This is a disgrace
Elaborate
@SpiKSpaN-ei6zq those homes are 660 sq feet and cost $160k. The American dream has been reduced to a shoebox. Big corporations (many foreign) are outbidding the rest of us on single family homes and renting those homes back to us at exorbitant rates. Also, idiot investors are using available inventory for short-term rental properties, which is further diluting inventory. Is that elaborate enough? I could literally write a book about the housing crisis, root causes and possible solutions.
Remember when the founding fathers threw a revolution over a 3% tax, but we're living in a cyberpunk hellscape in 2024
Before we got rid of that "flipping" mentality we all will suffer from these ridiculous prices!
CHANGE THE LAW!!!! TWO HOMES MAX PER-PERSON PER-STATE!!!!
Where I live in Oklahoma, that price will get you a full-size 4-bedroom 2-bath house with a decent sized yard and a garage.
This house is literally all I need though....
Something easy to take care of, a garage for my car, a driveway, a place to sleep, a place to cook, and a place to get ready for work....
Obviously I would like if these were cheaper, but I get the concept.
You must be a minimalist.
How do you host friends?
There is no garage with these, just a driveway.
@@MPPG663 on the street
They remind me of the cheap smallish houses built in the 40s and 50s, except the prices of them seem a bit high for what they are. Makes me Question about they're quality.
these aint nothing but row houses. Snoop and Chris be putting bodies up in em
Anything but building duplexes, triplexes and larger Apartment buildings, right?
🤔I hope you know how to value and take care of those houses and communities that are being provided to you.
They don't. It's all going to be a ghetto in about a decade.
"American dream" living in a shed lmao. You will own nothing and be happier.
It's a great idea, but the price is absolutely outrageous for what you get. Our parents and grandparents could get a real, normal sized home for $100,000. People have been tricked into thinking this is a good deal and it absolutely is not. The price of homes is out of control and this is a lot cheaper than that, but it's still an outrageous price. We cannot lose sight of that.
I love this!
Most homes are to large for us anyway. Look at the 1950s. Homes where smaller than now.
The prices on these tiny homes seem a little high to me tho.
😢
I hope all these folks complaining about these homes already own. All I ever hear is how unaffordable homes are nowadays. Here’s a solution to help more people get into home ownership. Is it perfect? No. But, you do get a couple sleeping areas and a small yard. Seems like everyone here “must” have 3000 sq feet on 3 acres and the cost should be $100k. Due to supply and demand, that cost doesn’t exist anymore.
In PA you can buy an older home in a small quaint town for less. And that includes TLC COSTS.
It’s absurd , almost 250,000 for a 660sqft home. In Delaware you can get a nice new town home with that money.
Look at the size of that lot . How can you justify such a high asking price.
This IS NOT AFFORDABLE HOUSING !!!!!!!!!!
I remember 2007. If it does turn out to be a bubble, the people who bought new tiny houses won’t be the most screwed, but they’ll be top 5. #1 most screwed will be the ones who bought new homes in the exurbs with high interest rates.
Putting people in shoe boxes, instead of mandating people be paid a living wage. 🙄
Schwab/WEF vision of America!
A castle compared to living in a tent....how can we make them even more affordable for young and old families barely surviving?
but why does it have to come to this? People are living in their cars and calling it "Van Life" to cope with the fact that they cant afford to life, a decent life with dignity. This isn't a solution, just a band-aid.
"You'll own nothing and be happy".
Eventually, it'll be just a square home of no more than 150 square feet and they'll charge $100k for that square. Leave the United States while you still can. You can buy literally bigger places in other countries at a fraction of the prices. You can also still operate businesses locally without being in the States. The same applies to remote jobs if you upskill yourself, just staying,. Think bigger and don't limit yourself to what you see around you.
They'll be trying to sell us porta potty's as homes soon for $20k because they managed to fit in a tiny granite sink and added 'storage space' above. Also when you're ready to sleep you just flip it on the side horizontally to sleep.
Exactly. This country is hopeless.
Has the main disadvantage of trailer houses. To maximize sq ‘ per linear foot of wall,the foot print should be square. At least they are two story which cuts in half the roof area . 16 x20=320sq foot x2 =640 sq ft. Exterior wall 72’x 16’ high =1152 sq ft exterior wall. These houses look like they are 10’ wide so must be 30’ long. So, 80’linear feet of wall x16 =1280 sq ft exterior wall. By squaring up the footprint you gain 40sq ft of space and decrease outside wall area . More wall area increases thermal loss,whether in cooling or heating. Also more efficient use of space in wider house because the virtual passage ,whether enclosed by walls or not, is shorter. Lowering the ceiling to 7’ instead of 8’ gives the illusion that the rooms are larger while reducing conditioned volume by 12%.
The only reason for making these tubular houses is for portability. If they are permanent they should be squared up.
I live in a "tiny house" in the UK. It's solidly built from brick with a tile roof, and ideal for a singleton, or a childless couple. Living room, bedroom, bathroom, kitchen and an entrance lobby. It even has a tiny garden (12ft by 7ft6in). I just love it. I've been here 25 years, though, so the initial price was pretty low. These days, identical homes on my estate are going for over £100k.
If you guys quit telling yourself it’s fine. And just don’t pay them. Then they will have no choice but to lower the price to something realistic. But no. People have zero control over their spending. It’s like a dog who got off the leash to them. It’s ridiculous. STOP. OVERPAYING. YOURE MAKING SHIT WORSE.
My house was $281,500. Closed in 2022. 1,586 square feet. 3 beds 2 baths. Fully finished basement thats big and basically same size as main level. 2 car attached garage.
My house was $170,000. I bought it in 2022 also. Only 2.3 interest rate. 2100 sq ft on a third of an acre with a 350 sq ft back building. Four bedroom three bathrooms. And I live in Florida which I love because I swim in my pool every day that I can.
@poollife777 holy cow that is an amazing price. Dang!
This is just a modern-day version of what we used to call the old shotgun houses!
Nothing appealing here! We need Trump back!!! He was really making our country so much better!!!!!
i don't mind the size, i've lived in smaller but i'm curious on noise isolation. I had a small studio where the walls were almost sound proof but the ceiling/floor above me was not.
Well technically this isn't a tiny home because it's over 500 ft², I guess it's a Texas tiny home. After all. They say everything is bigger in Texas including tiny homes
Sad that as a country we're aspiring to global standards now.
My computer is glitching. I can only see half of each house...
Did I miss it or did they not give the price of the homes?
Have you ever been close to those powerlines before those things make a buzzing sound all day all night from all the electricity running through those lines I would not stay nowhere near those power lines. To each it own that’s my saying.
I bought a 2100 square foot home on a third of an acre with a 350 square foot out building totally fenced at 2.3% interest and only 170,000 in Florida 3 years ago.
I live in a small house, it is 690 ft.². It was built in 1900. I love it. It's great for one or two people. It's better than these places because it has a huge yard. But these homes are definitely an option for people. I could sell my house tomorrow even in this crappy economy for $210,000.
Dream on.
@@poollife777 it's very true. Just because it might not happen where you live my house would very easily sell for that amount where I live. A friend of mine just sold her daughters house, which was smaller than mine, and in a lot rougher shape for more than that. The prices are ridiculous. But I don't have to worry because I'm not selling.