People are investing in small real estate in different parts of the world.
In the past some French homes were very small like the one in the above photo. Perhaps it will happen (again) in France.
Smaller individual homes can be a lifestyle choice for 4 reasons:
One
The cost of buying a individual home in many major cities throughout France and the rising cost of home ownership is encouraging people to invest in or build smaller homes.
Examples of 10 Small homes from other countries can be seen here
Two
If you look at the amount of environmental impact a large home has you may start to consider living in a smaller space. You can always rent space when family comes to town.
Calculate the carbon footprint of your home here
Three
The trend to a simpler more back to basics life style that has really come of age is continuing to encourage people to consider owning a smaller home.
Small Spaces: Maximizing Limited Spaces for Living
Small Dream Homes
Four
The preference to spend less money on housing to make sure enough money is saved for retirement is also an important factor for people choosing smaller less expensive homes.
Will the creation of smaller homes start to happen in France?