Residential Solutions

In the industry’s publications in 2017, it was claimed that in the United States, especially the first home buyers, so-called “millennials”, want bigger homes. The results are the accumulative effect of economic growth in recent years and statistics that the size of the first home has increased by 20 percent since the beginning of the century. However, this trend has focused on larger cities such as San Francisco and New York. Many socioeconomic, economic and construction sources suggest that although residences with a percentage of minority volume are not at the top of the statistics, their popularity continues to grow as an alternative form of housing around the world. Anyone who has ever lived in a metropolitan area somewhere in the world knows that even smaller forms of housing are becoming part of the mainstream, and the trend continues in an ever-increasing direction. Only recently was it rumored that in Great Britain, a large Victorian building was converted into 14 mini-studios with an area of 18 square meters. In Finland they entered the market in 2016. The demand for 49 square meters of private houses from Olli Ente’s project was so large that today it’s even mini-sized.

Economics and environmental friendliness are key

Many people see smaller residential solutions as environmentally friendly, recycling and alternative energy production. One man does not need a palace to be happy, and small houses will burden the environment less. But the more important reason is financial. In Finland, the 49-square-foot house package costs about 30,000 euros. The idea of a ten-year mortgage on student loans does not appeal to younger buyers, and a mini-house creates the opportunity to be a homeowner relatively cheaply. The interior of the mini-house also saves you, when you do not need to have multiple rooms and floors and the heating costs are relative to the size of the house. Naturally, the mini-houses must also have a creative solution for space use. Wall-mounted beds, innovative storage solutions and, in general, the versatility of the rooms according to their intended use makes for a small big home. Also, the plots in the largest cities are beginning to fall behind the trends. Unfortunately, the measurements on sale are often smaller than a few decades ago, so newbuilding solutions must also be considered in this respect.

What the rest of the world above

Housing costs, ecology and increasingly expensive housing prices around the world have created a new boom in housing solutions, where minicoats are just one part. Apartments have been built on freight containers, resident fleets have become popular again, various package deals continue to grow year after year, and even shared mortgages and community housing is conquering the world. In many countries, empty buildings are expropriated by States, illegal depopulation increases, and many large cities rent out uninhabited buildings for people who are short term acting as “guardians” for housing. Therefore, the popularity of low-cost minicoats can only be expected to grow and become a worthwhile housing solution for the future. Governments should encourage a more diverse housing culture in an ever-changing society to support the development of smaller forms of housing. Supporting the minor houses not only facilitates urbanization but encourages future generations to become more economical and environmentally friendly.

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