Reason #1 –
Building a tiny home is one way we’re choosing not to go into debt.
The average tiny home costs $23,000 to build. The average house in the San Francisco Bay Area, where we live, is $712,000; and that’s for an older, small house in an outlining county, not in San Francisco. Plus that doesn’t even include maintenance and repairs over the lifetime of the house.
For us the choice was simple: we choose not to go into debt. Tiny living means more financial freedom.
The Tiny Life created an awesome infographic about this (using the cost of an average US home, so slightly different numbers) –