A viral video may highlight a “viable option” for the millions of Americans who can’t afford to buy a home, according to a new report.

Nathan Graham recently went viral after purchasing a tiny home on Amazon that sells for as little as $20,000.

The video, which has surpassed 32 million views on TikTok, shows a seemingly surprised and impressed Graham unboxing the foldable home.

The unit comes with a kitchen, a shower, a toilet and all the necessary plumbing – but all electrical wiring needs to be done by a professional.

Newsweek says some experts believe tiny homes, often referred to as accessory dwelling units (ADUs), offer a viable solution that could ease some of the pain in America’s housing market.

Says Redfin Chief Economist Daryl Fairweather,

“Tiny homes and [ADUs] that add density to an area can help make neighborhoods more affordable to people who may otherwise be priced out.

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.”

Legislation supporting ADUs has passed in Connecticut, Maine, New Hampshire, Oregon, Utah, Vermont and Washington.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post $20,000 Tiny Home on Amazon Goes Viral As Buyer Tests ‘Viable Option’ for Priced-Out Masses appeared first on The Daily Hodl.

A viral video may highlight a “viable option” for the millions of Americans who can’t afford to buy a home, according to a new report.

Nathan Graham recently went viral after purchasing a tiny home on Amazon that sells for as little as $20,000.

The video, which has surpassed 32 million views on TikTok, shows a seemingly surprised and impressed Graham unboxing the foldable home.

The unit comes with a kitchen, a shower, a toilet and all the necessary plumbing – but all electrical wiring needs to be done by a professional.

Newsweek says some experts believe tiny homes, often referred to as accessory dwelling units (ADUs), offer a viable solution that could ease some of the pain in America’s housing market.

Says Redfin Chief Economist Daryl Fairweather,

“Tiny homes and [ADUs] that add density to an area can help make neighborhoods more affordable to people who may otherwise be priced out.

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.”

Legislation supporting ADUs has passed in Connecticut, Maine, New Hampshire, Oregon, Utah, Vermont and Washington.

Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post $20,000 Tiny Home on Amazon Goes Viral As Buyer Tests ‘Viable Option’ for Priced-Out Masses appeared first on The Daily Hodl.