Michael Schmidt:A house cheaper than a car? Tiny home for less than $20,000 available on Amazon

2025-05-07 19:05:42source:ExaCryptcategory:News

What if homeownership was as easy as clicking a button?Michael Schmidt 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.

What comes with the $19,000 Amazon tiny home?

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.

How many Americans own their homes?

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_. 

More:News

Recommend

Dick Vitale announces he is cancer free: 'Santa Claus came early'

Legendary college basketball announcer Dick Vitale is once again cancer free.The ESPN analyst announ

FDA advisers vote against experimental ALS treatment pushed by patients

WASHINGTON (AP) — Federal health advisers voted overwhelmingly against an experimental treatment for

Black Americans express concerns about racist depictions in news media, lack of coverage efforts

NEW YORK (AP) — In a new study, Black Americans expressed broad concerns about how they are depicted