According to this, yes (kinda): Tiny House Financing Tips – Mobile Home Loans | Apartment Therapy
It’s not in any way straightforward like getting a loan/mortgage for a traditional home, but it can be done.
If you are interested in getting such a home, it’s worth reading those tips.
P.S. To buy the house in the image, go here. It will set you back around $11,000.
If you want to build a tiny home, Dwell has a nice list of resources for you here. I particularly like the one above. There is a wide range though, and if you are considering building such a home, see Dwell.
Two more tiny home stories. First up, Muji also has a tiny prefab home and you can see more pictures (like the one above) here: Muji Hut Launches With 3 New Tiny Prefab Homes Collection of 9 Photos by Aileen Kwun – Dwell.
Second, here is an odd but topical story for a tiny home heated by Bitcoin mining technology!
Many tiny homes look nice to visit but the thought of living in something so small seems impossible. An exception to those homes are these MADi houses, featured here: MADi Flat Pack Tiny House – Fast Set Up Eco Friendly | Apartment Therapy.
They seem spacious, thanks to the A frame and all the windows. Better still, they seem very affordable. Tiny home fans (or skeptics), take note.
You can find more about them here.
What this piece in the New York Times says is the truth about tiny homes is really true about living in any small space, be it a tiny home or a very small apartment or condo. I liked this article because it mentioned things you might not think of, such as how ordinary objects which are not noticeable in bigger spaces become significant in larger spaces. Anyone thinking of downsizing should read this piece.
I still think there are lots of benefits in living in a small space. And some of them, like the one above from inhabitat.com, are gorgeous. But yeah, onions and laundry baskets. 🙂
And in the richest cities, like London, they are greatly appreciating capital, as this shows:
With some reflection, this makes sense, if you take as a given that:
- Stocks and bonds and even wages are fairly stagnant in terms of return on investment
- Urbanization means homes in cities that are desirable to live in are becoming more scarce
The result is homes becoming one of the forms of capital that can has the means to greatly appreciate in value.
To reverse this will require a greater supply of homes on the market, either through greater density in desirable cities or through more cities becoming desirable to live in. I can see both of these occurring. What I don’t see occurring is other forms of capital becoming more capable of great growth.
It will be interesting to see what happens in 10 years. But right now, bet on homes in key cities to continue to do this.