As prices rise in the real estate market, many people have seen a home of their own go out of reach. A mortgage may be possible, but there will be no money left over after it is paid. While some people are happy enough to stay home all the time, many want to be able to go out with friends and family. Rather than be house poor, they have come up with a variety of housing solutions. Some people have decided to buy a tiny home to save money. Others invest in homes with friends or family members.
People that want a normal size house all to themselves have found several solutions. Some will hunt around until they find a house that needs repairs and updating. They can pay a lower cost up front and remodel the home over several years. Some people believe this is too difficult and expensive. They simply buy a piece of land and build their own home.