We are not only confronted with the weekly grocery bill but also with everyday essentials. Our wallets are facing more and more challenges
Owning a home for ourselves is not easy. In fact, the prospect of homeownership in your twenties is becoming increasingly rare, with soaring prices pushing many out of the property market.
Don't worry, you can completely own the tiny house for just $20,000.
Just $20,000, and you can own the tiny house on Amazon. You're not hearing wrong! A tiny house could be the ticket into homeownership, available on Amazon for as little as $20,000.
Are you ready to own it?
According to the US Census Bureau, the median-priced home in the US stood at $413,200.
So, it's no wonder that a home available at such a low price is attracting so much attention online.
Many people believe this is a scam, while others think it's hard to own a house for just $ 20,000.
The video quickly went viral on social media, amassing over 21 million views on the platform.
The footage showed that the house, purchased by TikToker Nathan Graham, is touted as making neighborhoods more affordable.
The video showed the prefabricated home measuring 19 feet by 20 feet—certainly a livable space.
You've probably seen those tiny New York apartments renting for $1,500 a month, right?
However, moving into this house isn't as simple as Amazon delivery; you have to unpack it yourself upon arrival.
One person said: A foldable house on Amazon. 8,800.
A second wrote: I'm going to buy this and put it in my parent's yard. At least I’m moving out.
A third commented: I'm looking up on Amazon I looked it up at Amazon and they discontinued the house.
While someone else added: I'm thinking from the first video, what if it's stormy and rainy outside? or very cold weather? I don't think the add-ons on the sides are waterproof enough for that.
But the video demonstrates the house being assembled fairly quickly, albeit without pre-wired electricity.
Once unboxed, you'll find a tiny home with enough room for basic living and sleeping, complete with a built-in toilet and plumbing connections.
While Redfin Chief Economist Daryl Fairweather doesn't view the house as the best option for living, she sees it as a tool for increasing housing stock.
"Tiny homes and [ADUs] that add density to an area can help make neighborhoods more affordable to people who may otherwise be priced out," she told Newsweek.
"I think of ADUs as one tool in our toolbox to promote housing density, especially when combined with policies that promote building more multi-family housing. "That's when we can see real progress in bringing down housing costs for all families."
Perhaps the most surprising aspect is that a house is being sold on Amazon.