tag:blogger.com,1999:blog-7487305209689446268.post774144816787710160..comments2023-08-29T15:09:44.132+01:00Comments on Axes'n'Yarn: What should we ask about Tiny Homes - Part 1Robinhttp://www.blogger.com/profile/10655256073093152228noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7487305209689446268.post-41116372820018126222019-06-24T18:58:21.854+01:002019-06-24T18:58:21.854+01:00You made a very good point about affordability. I ...You made a very good point about affordability. I am a lifelong tenant, I do not have a deposit (I used to, but went through too many housemoves). I can see how tiny houses would be ideal for people who own their house outright or have a lot of equity in it, and are looking to downsize. The capital that is freed is more than enough to buy a tiny house, and the balance can go towards helping children on the property ladder, or even buying a BTL property... so as to have a source of income in retirement!<br />For people like me however, even the £25K for the very smallest tiny homes could only be funded thanks to a bank loan... and there would still remain the question of where to put the tiny home (land planning...) and of how to keep a residential address (as I don't have any parents or children or relatives or friends whose address I could use... especially for a bank loan, or credit card debt!)<br />On the other hand, if councils were to put up settlements of tiny homes, for rent, it would save them housing benefits etc. in the long run. I can see the homes filling up rapidly though... and the BTL landlords would be real unhappy!Yehudihttps://www.blogger.com/profile/00909681993686432950noreply@blogger.com