Small homes — even ones that measure less than 400 square feet — are becoming increasingly popular. Besides being cheaper to buy, small houses might also be better investments than larger ones, according to a new report from financial-services company Nerdwallet. Richard Green, chair of the Lusk Center for Real Estate at the University of Southern California, says the price appreciation of small homes could be a result of more people choosing to live in cities, where spaces tend to be smaller. When there’s a high demand for a certain type of home, it becomes more valuable.
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