No one can predict the future of real estate, but you can prepare. Find out what to prepare for and pick up the tools you’ll need at Virtual Inman Connect online Nov. 1-2, 2023. And don’t miss Inman Connect New York on Jan. 23-25, 2024, where AI, capital and more will be center stage. Bet big on the future and join us at Connect.

For years, people have flocked to online forums to opine about the need for more affordable housing options in a market that’s been especially tough on first-time buyers.

But when Lennar, a major builder, unveiled a community of tiny houses in San Antonio at a six-digit price point, the internet did a driveby — and mostly hated what it saw.

“I had no idea shrinkflation could apply to houses,” one Instagram user wrote.

“More like $100,000 jail cell,” another person quipped on X, the social media site formerly known as Twitter.

These homes actually start at $130,000 for a brand-new, 350-square-foot house, according to Lennar’s website for the community, which began development recently. Buyers can get a bit more bang for their buck if they opt for the more spacious 661-square-foot unit, which starts at $163,000.

But they have also attracted the derision of online content creators and their followers, who have framed both the buildings’ appearance and price point as symbolic of a broader housing affordability crisis. (Fair warning: Bleeped language and maniacal laughing below.)

 

View this post on Instagram

 

A post shared by All of San Antonio (@allofsa)

The reaction to the tiny homes highlighted the public’s general frustration with the lack of affordable starter housing options in most big U.S. cities. At the same time, when people see builders’ efforts to introduce lower-cost alternatives, they often find it lacking in some way — either too ugly, too small, or too expensive.

“The whole point of tiny homes is they are only supposed to be 30-50k max,” another X user wrote.

This might be a bit optimistic in a market like San Antonio. One 408-square-foot home listed for sale less than a mile from a nearby college campus is asking for the same $130,000 price. Unlike the new Lennar community, this structure is more than 80 years old, and is visibly well worn on the inside and out.

“Location!! Location!!” the listing description reminds potential buyers.

Not every user thought the tiny homes sounded like a bad deal. Some did the math, pointing out that the mortgage payment on one of the 350-square-foot units might be lower than a month’s rent on a small apartment unit — and would come with the benefits of homeownership.

“A tiny home with no land or utilities is $100k… just on its own,” one person wrote on Instagram. “These are a great deal and very needed low cost housing. And more dignified than a trailer park.”

As with any viral post on the topic of affordability and housing development, this tiny-home community also invited debate among urban planning enthusiasts.

Still, the Lennar homes got their share of criticism for being an eyesore in the eyes of many online. For others, they were simply filed under “missed aesthetic opportunity.”

Email Daniel Houston

websites
Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×