A Merrill Lynch retirement study's data.

Older Americans are beginning to embrace the tiny house trend, which albeit tiny, is growing by nano-leaps and micro-bounds.

MarketWatch staffer Catey Hill's analysis asserts that mojo for the sub-400 sq. ft. set is not confined to hipster millennials and Generation Xers looking to live on a shoestring. She writes:

While their appeal is varied, the principal attraction is price. Smaller homes can give seniors “more disposable income and the ability for many to comfortably survive within their Social Security means and/or part time work,” says consultant Erik Blair, a tiny house advocate. “The number one reason to get into a tiny house: You can save 70% or more of your recurring cost of living.”

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