From Tiny Home to Dream Home: How a 24-Year-Old Achieved Homeownership at a Fraction of the Cost

A 24-year-old woman saved money to buy a $250,000 house by living in a tiny home her parents built for her in their backyard. Over five years, she saved on rent and food expenses, estimating potential savings of up to $72,000. With her parents' help, she purchased her own house, putting down 3% and securing a mortgage. The trend of young adults living with their parents to save money has increased, and arrangements like hers, known as accessory dwelling units (ADUs), are becoming more common. She credits her parents' support and plans to live in a family compound in the future.