(BPT) - Ignited by the pandemic in 2020 and 2021, alternative housing options continue to trend upward — even while the overall housing market has cooled. Remote work has opened possibilities for living almost anywhere, even working while traveling, which has led to increased interest in options like tiny houses.
A recent survey by Fidelity National Financial subsidiary IPX1031 found that over half (56%) of survey respondents would consider living in a tiny house. Even more surprising, 86% of people who were not homeowners said they would consider a tiny house as their first home purchase, and 84% said a tiny home was an option they would consider for retirement. Other alternatives like modular homes, trailers and converted vans have emerged as potential options for anyone alarmed by exorbitant home prices, rising mortgage rates and soaring utility costs — and for those seeking a greener lifestyle.