Billionaire Warren Buffett is betting on something small in the real estate world. One of his Berkshire Hathaway subsidiaries is going mainstream with tiny homes. It’s an idea that caters to the minimalist lifestyle and affordable housing needs.
Clayton Homes unveiled a new line of tiny modular homes recently at a Berkshire Hathaway shareholders meeting in Omaha, Nebraska. The homes are less than 500 square feet and are designed for the minimalist lifestyle, but are made to “feel” large with vaulted ceilings and plenty of windows.
It’s an extension of a movement that’s been underway for a few years but has only more recently gained traction. Many people are now seeing the tiny home as a possible solution to high housing costs along with a desire to live more simply.
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