Not worried about that.
The costs of heating and cooling a dwelling + the maintenance and upkeep are actually way in excess (1x - 2x) of the original house price adjusted for inflation. You get... dis-economies of scale the more you go up.
Housing markets are cyclical over long periods with nil capital gain.
Put the two together and you see a dismal end as entropy catches up. Not even to mention that this process shall accelerate if economic growth falters.
> Especially since the energy cost is small compared to the finance fees and property taxes paid.
Energy costs at first appear to be a small encroachment, but they really mount up over time in the most astounding way. I don't have a graph to hand but I remember being very impressed by it.
What is called THOWs or Tiny Houses on Wheels do not pay taxes or association fees. They are classified as vehicles and hence do not need to pay property taxes. They are also not very likely to encounter HOAs since complaints drive them away on their wheels to greener pastures. Sometimes they visit RV parks and pay those fees but those aren't very much.
> Eliminating zoning rules and "voluntary" homeowners associations and eliminating property taxes would help.
Of course! And I think such 'revolutions' will happen in time, because 'living like a normal American/European' will just become uneconomical.
So RVs or campers with a cute name.
That can mostly be attributed to the use case:
RV (original intent) usecase was temporary living, moving often, the TH usecase is permanent living, moving rarely.
Compare:
https://i.reddituploads.com/303b76eaa06e495f8381f2bca3cf48f2...
https://i.reddituploads.com/ff4dee466ad34517bf0c1149ac3ba934...
with
https://i.ytimg.com/vi/crjeV4QxGmY/maxresdefault.jpg
http://www.bobhurleyrv.com/console/watermark.php?src=48636&w...
http://images.rvs.com/FOH/1222412/1000x/2016_dutchmen_aeroli...
http://www.finehomebuilding.com/2009/09/18/a-complete-guide-...
Fine Home Building is the HN of construction tech, I never fail to find something useful that saved money or gave me an idea or prevented me from doing something stupid. I'm sure I wouldn't have come across the concept of a Rainscreen (despite reading several construction books) but for them and I suspect that alone saved my butt.
Eliminating zoning rules and "voluntary" homeowners associations and eliminating property taxes would help.