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Benefits of a tiny house versus large one
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Are Tiny Houses a Reasonable Housing Alternative? The concept of living in a tiny house is fascinating to most Americans, but a reality for only a fraction of the population. While this lifestyle is slowly becoming more popular and being adopted by more people, the current trend of “bigger is better” in the housing market continues. Most everyone can agree that a bigger house with an open floor plan can generally be more comfortable to live in, does this comfort justify the various other costs associated with owning a bigger house? Do the benefits from living in a 500 square foot, design and space conscious, house that can also be comfortable outweigh those of the average American home which is 2,400 square feet (Mitchell)? These are the …show more content…
So much so that they are out-of-reach to many Americans. This comes as no surprise when the average cost of a house in the United States is $282,800 (Kilman). When you can build a house for only 17% of that at $50,000, it is hard not to consider “going tiny.” A tiny house can become even more enticing when you consider that a $50,000 tiny house is often made without sparing any expense and settling for cheaper materials. Versus the larger home where building with nicer materials translates into a substantial jump in price. The operational cost of owning a tiny house is also a fraction of the cost of a larger home. With a tiny house, you have less cubic feet to heat and cool and fewer light fixtures to power. This translates into electrical bill savings. With less area to clean, you save on cleaning supplies. Due to the tight space in a tiny house, you have to be very critical when buying things. You have to not only budget your money but also your space. This can save you a lot of money over time from preventing you from buying things you might not truly …show more content…
This benefit derives from the financial freedom you achieve from this lifestyle. With the extra money you save from lower expenses, you can suddenly afford to do and have the things you always wanted that were previously out-of-reach. With these extra savings, you are also no longer required to look for jobs based on compensation, you can look based on the quality of the job itself. You can be more stringent on what you are willing to settle for. You can enter interviews not worried about how badly you need the job and can focus more on what that company can offer you in addition to the standard compensation and employee benefits. Not only can owning a tiny house free you from the stress of not being able to afford the things you want or need, but also from the job you might not
One fundamental principle of the Tiny House Movement is that less equals more. Furthermore, the less space one acquires, his or her expenditures will likewise be lessened. By downsizing, owners "allot[s] one-third to one half of their income for the next 15 years for mortgage payments" (Maglalang 31). Due to the affordability, this comfortable style of living has become available to most citizens in the United States. Life in a tiny house provides a viable shelter that can accommodate all, even the underprivileged (Priesnitz 12).
A well-known expression is that money can’t buy happiness, yet people fantasize of winning the lottery, living in their dream house, and possessing enough tangible objects to feel satisfied with their lives. Most are under the preconceived notion that the absence of wealth and power translates to hardship and despair. This, however, is not the case, because a self-effacing lifestyle is not an indication of a lower quality of life, and often is better than one of great fortune. People yearn to have the financial independence and capabilities of those in higher ranking positions, and are willing to abandon their morals and own personal well-being if it means being successful. It seems that by reaching a level of wealth in which money is no longer
The average cost of a house is estimated to be around $200.000 in 2013. As such, it’s no wonder people are distracted about such a significant amount and overlook other aspects. Owning a house can be exceedingly expensive. Just for the down-payment on the house, which you have to come up with, you’ll be spending an average of 20-25% of the buying price. That means that the down-payment for a $300.000 house can range from $60.000 to $75.000. Thus, you need to be prepared to put down that kind of money if you’re planning on buying.
With this in mind having a nice amount of money saved away bring peace of mind through financial security. As well as being able to indulge yourself in many more activities and costly items. With a higher paying job and longer hours you can also afford a much better retirement and have more money to spend on family. Both types of jobs have a distinct difference from the income, hours and to the future of your career and life.
To achieve the American dream is a great accomplishment that requires financial adequacy. Due to financial insufficiencies, owning a home can be difficult, if not impossible for many individuals of lower income. Economic fluctuations often cause inconsistency in housing prices and availability.3 The price of a home correlates to the cost and availability of materials, needed manpower and the duration of construction. These logistical obstacles need to be overcome if the American dream is to be attained by the majority.4 To engineer a faster, more cost effective means of production is a challenge, but for the solution to be well designed and well crafted is a far greater task.
Tiny house living is a comfortable way of enjoying life and being free because of the low cost, environment, and freedom.
When someone makes the decision to buy or rent a home they must consider the advantages and disadvantages of each. In buying a home the primary advantage is that you actually own it. You can do whatever you want with it. Also, you are building equity as the years go by. “People today have problems saving for their future” (CNN Money, 2014). However, when they buy a home, the money they put down for a down payment is an investment. When the person sells the home they get back the down payment and the amount the property has appreciated in value. When looking at the advantages of renting it is easy to see the disadvantages of buying for some people. Even though you don’t get the money back that you put into it, renting could be a more satisfying option for some. This is because renting allows for flexibility. The person can move wherever as soon as there lease is up. Renters may see buying as “a reduction in lifestyle, moving to a smaller place, and perhaps a less expensive neighborhood.” (CNN Money, 2014). For example someone who rents an apartment enjoys how the complex keeps up the area and all the amenities it has to offer, and it is in an upper class part of town. However, when they buy they looks all the benefits, they have to do maintenance themselves, and move to an area they don’t particularly like to fit their price range.
With the current economic status of the American nation, paying jobs are getting harder to find and keep, housing prices are skyrocketing, and many Americans are miserable, finding their lives in a rut. There’s little to no time to do what one loves or spend with one’s family, and the free chances one does get usually gets gobbled up by household work or maintenance. What if all that just went away? No more worry about filling up leftover space, more time to do what one wants to do, and more money to put towards something other than bills and debt? Tiny houses provide an alternative life-style that allows more funds, freedom, and is more eco-friendly than the average home.
The article “Teeny house, big lie: Why so many proponents of the tiny-house movement have decided to upsize” by Erin Anderssen shows the perspective of someone who has implemented the “teeny house” concept into their own life. The teeny house idea seems to appeal to so many people because it seems like it may be a more practical alternative to normal living. However, Anderssen starts off the article with a concise but apt comment, “As we were packing up our cottage last summer, my 14-year-old casually observed: ‘It’s good we’re leaving, while we still like each other’” (Anderssen 1). This comment does a great job at depicting realistic feelings about the teeny house concept. She goes on to tell a short anecdote about how her family lives in
He further shows us that the people of today are richer than their grandparents but are not happier in their lives (from National Statistics of social pathology). Even with these facts, people in the United States still believe if they had more money all of their problems would be solved, but once they reach that next income bracket they are not satisfied and try to reach the next one. Myers et al tells us, "even if being rich and famous is rewarding, no one ever claimed material success alone makes us happy. Other conditions like - family- friends- free time - have been shown to increase happiness" (Csikszentmihaly 145). therefore we must find balance in our own lives, and not just focus on making money. Instead we need friends, family and even free time, as aforementioned doing an activity you enjoy such as listening to music or
For some, happiness is all that matters. Happiness is achieved in many ways, and it doesn’t always involve money. There are many things that contribute to making a person feel happy and successful. One can feel successful without a lot of money at all. For example, feeling loved is something that makes everyone happy. Many believe that without love life is not thoroughly complete, thus never truly achieving success. Ones line of work can also affect how happy he is. Some feel that it is more important to enjoy work and get less money than it is to hate work and get paid more. Another factor in achieving psychological success is ones ability to enjoy what life gives him. There are many qualities of life that are overlooked. Everyone is dealt family and it is important to value that.
In this day and age, it’s super important to be cost efficient with your money and anything you may spend it on. It is important to be cost and energy efficient because you could always use more money, you could have the same kind of appliances but just using less energy and you could also be saving the Earth. In this project, we were presented with trying to build a house that was both eco-friendly and cost efficient. It is important to have energy efficient homes because it can lower your energy bill, it could keep your heat where you need it if you chose the right products, and it would help you have more money in your pocket if you have lower bills.
Some adults have even spent millions of dollars trying to replicate their homes after the Dream House. These kids end up having a lot of greed, always wanting more to add to their collection of accessories, and this ends up
..., a person who earns $25,000 is happier than a person who makes $125,000 and an employee who makes $500,000 is only slightly happier than someone who makes $55,000. Lastly, there are more important things in life that and make you happy, for example, friends. They don’t come with a price tag, and if they do, you definitely need new friends. Money won’t make you happy since good times can’t be bought. You don’t need a fancy vacation to have a good time; it’s just a matter of who you spend it with. Over the years, humans have blown the value of money way out of proportion. People make it seem like if you’re not filthy rich, then you won’t live a good life but it’s not true. You can lack money and yet still live a perfect, happy life.
It seems only natural that happiness should flow from having more money. Even if they don’t admit it, people still behave as though it were true. More money means you can have what you want and do what you want. The house you dream of? It’s yours. The new car you desire? Here are the keys. The freedom to enjoy your favourite pastimes? Here’s your racket, the court is down there, just past the pool.