MyCabin, a Latvia-based startup, has been producing minimalist tiny homes since 2020, catering to European clients and expanding into the US through a partnership with PrefabPads. Offering four unit types, prices range from $59,000 to $175,000, with customers responsible for permits and installation. The company has successfully delivered approximately 43 units across various states by January 2024. With rising home prices and mortgage rates, tiny homes present an appealing, economical solution for many, leading to more favorable zoning laws to support this housing trend.
"First and foremost, land is expensive, and mortgage rates are terrible, so people are trying to expand their property instead of moving to bigger footprints."
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