Current:Home > MarketsOliver James Montgomery-A house cheaper than a car? Tiny home for less than $20,000 available on Amazon -NextGenWealth
Oliver James Montgomery-A house cheaper than a car? Tiny home for less than $20,000 available on Amazon
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 01:30:49
What if homeownership was as easy as clicking a button?Oliver James Montgomery You could do just that, as Amazon is selling a two-bedroom tiny home for under $20,000. A two-bedroom mobile tiny home is being sold by Emonia on Amazon for the price tag of $19,000, about the same price as a 2024 Mitsubishi Mirage. The pre-fabricated house is made primarily of metal and has the basic features including a kitchen, toilet and even a water heater. It also comes with a front porch. A fenced-in porch with three stairs welcomes you to the house. The house also comes equipped with plumbing and electricity. The listing shows it equipped with a toilet a sink and even a shower. Buy that dream house: See the best mortgage lenders The house's listing features a living room with a kitchen. It also comes with two bedrooms that can be customized and expanded to fit the needs of the user. The house is fairly lightweight, coming in at 999 pounds, according to the Amazon listing. The house also comes with various safety measures, including wind protection, fire protection, earthquake resistance, sun protection and rain and moisture resistance. According to the Federal Reserve, about 64% of adults owned their homes in the U.S. as of May 2024. Only 36% of adults who make $50,000 or less a year own their home, compared to 87% of adults with incomes larger than $100,000. Current mortgage loan options could be a barrier to owning a home in the U.S. US Bank says that the current 30-year fixed mortgage rates are at 5.875% with a 6.047% APR. Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at [email protected] and follow him on X @fern_cerv_. What comes with the $19,000 Amazon tiny home?
How many Americans own their homes?
veryGood! (9)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Why do women go through menopause? Scientists find fascinating clues in a study of whales.
- Vermont murder-for-hire case sees third suspect plead guilty
- Michigan shooter's father James Crumbley declines to testify at involuntary manslaughter trial
- Military service academies see drop in reported sexual assaults after alarming surge
- A proposal to merge 2 universities fizzles in the Mississippi Senate
- Dollar Tree to shutter nearly 1,000 stores after dismal earnings report
- C.J. Gardner-Johnson apologizes to Eagles fans for 'obnoxious' comment following reunion
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Scott Peterson's lawyers ask for new DNA test in push to overturn Laci Peterson conviction
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Federal judge finds Flint, Michigan, in contempt over lead water pipe crisis
- Royal insider says Princess Kate photo scandal shows wheels are coming off Kensington Palace PR
- Kansas will pay $1 million over the murder of a boy torture victim whose body was fed to pigs
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- It’s not just ‘hang loose.’ Lawmakers look to make the friendly ‘shaka’ Hawaii’s official gesture
- Ukrainian ministers ‘optimistic’ about securing U.S. aid, call for repossession of Russian assets
- Michigan State's basketball maverick: How Tom Izzo has prospered on his terms for 30 years
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Atletico beats Inter on penalties to reach Champions League quarterfinals. Oblak makes two saves
Calvin Ridley surprises by signing with Titans on massive four-year contract, per reports
What’s Pi Day all about? Math, science, pies and more
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Top 5 landing spots for wide receiver Mike Williams after Chargers release him
George Widman, longtime AP photographer and Pulitzer finalist, dead at 79
The Excerpt podcast: Climate change is making fungi a much bigger threat