I read this story and must admit I respect these two people for what they've done. Sure, Tiny Living isn't everyone's cup of tea and in fact it is a very small/niche part of the population. The story 'interest' for me isn't so much the fluff piece about the cutesy tiny house or the silly cat they own, but more about the dedication that this young couple have, to pursuing overall financial freedom and debt reduction. Even if they do this for just a couple of years to get them on their way and off to a better start for their future PPOR, it'll be worth it. Good on them I say. We need more forward thinkers like them when it comes to property and life goal-achievement!
If I was single or thought I'd have a hope of convincing my partner to live in one of these, I'd be strongly considering it. Really great way to cut down on costs at our (young) stage of life so we can focus on wealth accumulation. A good friend of mine did this in our university days on the Brisbane river with a old sailboat. He bought it for less than $5,000 (it was this sort of thing: Samson live aboad house boat on the Susan river possible trade | Other Boats & Jet Skis | Gumtree Australia Brisbane North West - Brisbane City | 1105060539) Spent around $8,000 beautifying it as an ongoing weekend project (getting it to a stage where we could cruise it up and back down the river, new carpet, tv, new mattress, stupid multi colour LED lighting, etc) & from memory his powered mooring was $100ish a week, to live right off the botanic gardens with access to showers & toilets on land. He also made money when he sold it - sweat equity!
Imagine if you didn't have to pay say $2000 per month for the next 30 years for your home - but invested it instead.
Isn't form over function the hipster motto? Why would you want a laptop when you can have a much slower, much less useful typewriter? why would you want a caravan when you can build a tiny house on a trailer & hope that hitting a bump in the road doesn't shatter all your glass panels?
Yeah this style isnt for everyone, but a page could be taken out of this couples' book nonetheless. Live within your means early on; live modestly for a little while, and you can still get ahead no matter the perceived barriers to entry.
