Tiny House on Wall Street
Subject: “A Tiny (House) Solution to a Big (Foreclosed) Problem”
Since the bank bailout, over 5,000,000 US homes have been foreclosed. Can you imagine what our economy might look like today if we built smaller, more affordable homes 10 years ago? The housing crisis is at the crux of our failing economy. And bank lending policies encouraged a housing market fixated on larger and larger homes while ignoring the long term impact to our economy and environment. Unfortunately, we don’t see any indications that change is coming.
The lord of the Tiny House Movement, Jay Shafer, will be in the East Village today from 1 to 4 p.m., in the parking lot at 746 East 5th St., and he will “bring a tiny house in tow.”