Millennials and Tiny House Living: Minimal-lennials

Today’s 20-somethings are doing more than Netflix-and-chilling, they’re moving out of their folks’ places and living in tiny houses. There are several reasons why living in these little dwellings appeals to the Y Generation (and everyone else!). Read on for just a few.

Off the Grid

FBI Agent assigned to computer meme drinking coffee millennialsPost-9/11 Millennials came of age while America was at war, along with the biggest recession since the Great Depression. These factors, in addition to data breaches and revelation about government surveillance of citizens, has severely damaged young people’s trust in the government (although the same has sparked countless memes). With propane tanks and composting toilets, tiny homes make it possible for Millennials to go off grid and spend their time incognito. Rick Yanh, a venture capitalist, told Business Insider, “I think coming out of [the financial crisis], millennials have a massive distrust of existing financial services.” Tiny homes appeal to the concerns they’ve developed from the political and economical climate they grew up in.

From Mobile Phones to Mobile Homes

“Millennials don’t want to be tied down,” said Megan Smyth, CEO of FitReserve, an exercise boutique that doesn’t require a membership to take classes. “It’s a spontaneous demographic.” While they still spend money like older generations, it is more experience driven, going towards food, traveling, etc. Tiny homes are perfect for wanderlusty millennials who want to go wherever the insta-wind takes them. According to Jeff Fromm from Forbes, millennials “might not need the same space, permanence, and practicality” most Americans want from their housing. This is apparent as tiny homes trend with young folks. Most tiny home owners set their homes on a trailer frame to haul.

Flexibility: “Weird Flex But Okay”

With a rise in bean bag chair corporations and coffee shop offices (coffices?), it is clear that millennials are loosening things up in corporate America. Tiny homes can be used as home offices, in addition to homes for returning adult children. Though millennials have a reputation for being lazy, Psychologist Brenda Bauer, Psy.D. from Psychology Today says, “they work hard and feel strongly about wanting their work to be meaningful in ways that older generations typically do not insist upon.” With minimal ‘stuff’ to distract, people living in tiny houses can find more time and resources to focus on their work, aspirations, and hobbies.

Tiny House Infographic

Less House, Less Work

Minimalism allows time for what people really care about. At an average of 12 times less space than your typical home, it’s no wonder tiny houses require less maintenance. It probably gets dirtier quicker, but it’s also faster to clean up, and isn’t an issue if you’re fairly tidy. Heating and cooling in tiny houses, water, electrical, and waste are self-sustaining. Propane tanks and composting toilets virtually take care of themselves. With a tiny house gas heater or propane heating blanket in winter conditions, you have extra time, as well as security that everything will work the way it should when it gets cold outside.

 

Pinching Pennies and Self Sufficiency

Student Loans Debt Leonardo Dicaprio Meme Toasting millennialsMillennials drive the new movement of ethical consumerism. They aim for social and fiscal responsibility, set in motion from growing up in a recession and national debt crisis. College debt is at an all time high at $1.5 trillion dollars, which has seriously damaged confidence in governmental institutions. Luckily however, 68% of tiny home owners have no mortgage, 65% have no credit card debt, and the average cost of a tiny house is much lower than the average home (around $23,000 USD).

Little Foot, Bigfoot, Carbon Footprint  

Reluctance to hinder global climate change by both the government and private sector frustrates many millennials. They see it as an astronomical problem being brushed under the proverbial rug for them to sweep up. Many tiny homes use solar panels or propane, which is one of the cleanest burning fuels available. Winter conditions, though problematic to some, are easily solved with propane heating blankets. This ensures an efficient, safe, and warm winter! As previously mentioned, millennials have a deep desire to make a difference in the world. According to the author of “Fast Future,” David Burstein, millennials recognize that the difference they make might need to stem from innovation and creating new institutions within existing structures.

For some, these structures are literal: tiny homes.

Sources:

-Taylor, Kate. “‘Psychologically Scarred’ Millennials Are Killing Countless Industries from Napkins to Applebee’s – Here Are the Businesses They like the Least.” Business Insider. October 31, 2017. Accessed November 01, 2018. https://www.businessinsider.com/millennials-are-killing-list-2017-8#casual-dining-chains-like-buffalo-wild-wings-and-applebees-1.

-“Tiny House Infographic.” The Tiny Life. January 12, 2018. Accessed November 01, 2018. https://thetinylife.com/tiny-house-infographic/.

-“Tiny House Statistics.” Restoring Simple. Accessed November 01, 2018. http://restoringsimple.com/tiny-house-statistics/.

-“Why Do Millennials Get a Bad Rap?” Psychology Today. Accessed November 01, 2018. https://www.psychologytoday.com/us/blog/psychoanalysis-unplugged/201704/why-do-millennials-get-bad-rap.