(IMHO, this guy, Trey Garrison, is the top real estate journalist at the moment. Holds nothing back. A few years back this kind of journalism out of a trade rag was unheard of. I’m still kind of surprised this kind of commentary is coming out of HousingWire.)
Yes, a few hipsters and other assorted folks who make bad decisions are buying into this, but here’s the reality: Americans like their space. (OK, maybe not the island-dwelling herbivores in Manhattan and the central-planning, urban density pushing Eloi in other large cities, but pretty much all other Americans.)
That’s not just opinion.
According to the last Census report, the median house size is 2,384 square feet. That’s an increase from 1,525 square feet in 1970.
Moreover, in the last 10 years, the median house size has increased on average 25 square feet per year. The share of homes with more than four bedrooms and more three or more full baths continues to rise.
Newly built single-family homes in the United States are getting bigger, costlier to build and more expensive, according to the National Association of Home Builders.
In fact the only thing shrinking for new construction is the size of the lot they’re built upon, according to NAHB’s most recent construction cost survey of 3,019 builders. The survey was conducted in August and September of 2013.
The average size of a home in the 2013 construction cost survey was 2,607 square feet, which is about 300 square feet more than the average size of the homes reported in the 2011 construction cost survey, but still about 100 square feet less than the peak reported in the 2009 survey.
So, like skinny jeans for men and the Cronut, tiny houses are another fad already past the sell-by date, pushed by people who view humanity as a blight and private homes as subversive or something.
Unless you call that tiny house what we call it out in flyover country – a hunting or fishing cabin. Then it’s acceptable.
I’m not saying everyone wants a McMansion, nor is the data saying that. But let’s call this tiny house thing what it is — a flash-in-the-pan fad of glorified trailers with fancy trim.