Elon Musk may be one of the richest men on the planet (£138 billion and counting), but recently the Tesla chief has sold six of his seven properties, shed most of his physical possessions and relocated to the unlikeliest of dwellings for a billionaire: a tiny house. Measuring only 375 sq ft, the moveable prefab unit in Boca Chica, Texas, is worth just $50,000 and is smaller than the minimum space standards for a London flat. Yet the mogul, who is renting it while he works on his SpaceX venture, described his humble abode as “kinda awesome”. He is not the only one. Since the 2008 financial crash, when thousands downsized for a simpler life, the tiny house movement has taken off in the US,

Source: The Times July 31, 2021 23:01 UTC