Sleek, high tech and affordable micro housing in downtown metro areas is poised to disrupt the urban housing market, which hasn't changed in over 150 years.
Dr. Jeff Wilson knows a thing or two about downsizing. As a social experiment, the CEO of startup Kasita, lived in a 33 square foot dumpster for a year.
“I was lying in the dumpster one night staring at the ceiling, and thought, ‘What is most surprising
about this experiment?’ The most surprising thing was my life was actually better. I owned my stuff. It didn’t own me. I had a lot more disposable income.”
He recognized micro-homes could revitalize downtown living.
“I wanted a mass manufacture-able, beautiful, affordable iPhone you could live in.”
Rather than an architect, Wilson chose a product designer to reimagine a chic, modern small house.
“Kasita is a revolution, not only how we think about a home, but how we think about the general real estate industry.”
Kasita flips the way real estate has been viewed for over 150 years and is well-positioned to disrupt the urban housing market. The 320 square foot, hi-tech tiny home runs about $600 a month when financed. The micro-unit moves with the homeowner. Kasita units slide into super structure steel “racks”… and can be removed, then installed with relative ease in a new city.
“It’s our core belief at KASITA that attainable, beautiful housing with dignity is a human right.”
The Business Review is a production of KWBU, Livingston McKay, and the Hankamer School of Business at Baylor University.