Re:The Rise of Renting in the U.S
by danans on Wednesday February 17, 2016 @11:20PM
(#11123703)
No doubt some of it is just making the best of an economic reality.
But short of living in a true "tiny home" (< 400 sq ft), many people today (myself included) are "right-sizing": choosing to live in smaller than average spaces and using smarter space utilization, usually in order to reap some other benefit, whether that is proximity to amenities, work, and transit systems, lowering utility costs, etc.
It probably helps that having a huge house is weakening (though clearly not gone) as a symbol of social status, especially in crowded coastal urban areas.
But short of living in a true "tiny home" (< 400 sq ft), many people today (myself included) are "right-sizing": choosing to live in smaller than average spaces and using smarter space utilization, usually in order to reap some other benefit, whether that is proximity to amenities, work, and transit systems, lowering utility costs, etc.
It probably helps that having a huge house is weakening (though clearly not gone) as a symbol of social status, especially in crowded coastal urban areas.