Size matters, says a new report
Tiny house nation may only exist on TV, a new study finds.
After polling 2,264 U.S. adults ages 18 and up, Trulia unearthed what real estate missteps haunts homeowners most. And the response rails against a property trend America is obsessed with: tiny houses. Real homeowners, it turns out, don’t want to live in 400 square feet — they’re not even happy with their average-size homes.
The biggest thing buyers wish they had ponied up for, according to the report? More space.
When asked if they wished they had chosen a larger home, 33% responded with a resounding “yes,” and only 9% revealed they would rather be indulging in the tiny house trend.
FROM PEN: How the Property Brothers Shocked Their Dad with Their Entrepreneurial Skills
The same survey also asked renters about their housing regrets, and the answer is not so surprising: renters regret renting instead of buying. Forty one percent said they wish they had purchased a home of their own, with 28% of that group falling between the ages of 18 and 34.
Regardless of whether they’re paying a mortgage or monthly rent, millennials are groaning about the moving process, the report finds, with 71% agreeing that they had qualms about what and how they chose their living situation.