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Sep 06, 2006 -- Living spaces get much smaller

In Asian countries, people often live in very small one-room homes. Some even have no windows. It sounds pretty claustrophobic, right? Well, people in the U.S. are buying up these types of places like hotcakes, with prices starting at about $150,000. In addition, Marriott has been building a number of “Marriott Suites” properties, which are about 350 square feet in size. The suites have a bed and bedroom, bathroom with tub, work area and kitchen. People have become so accustomed to having huge amounts of space in their homes, but it’s possible to fit everything into a much smaller space for much less money. Along the same vein, Lowe’s is offering something called “Katrina Cottages.” They are designed to withstand a hurricane and they cost between $25,000 and $50,000. The cottages are available in certain Lowe’s stores in the Gulf Coast region area. You have to build them yourself, but that’s a great price is you like the look and need a new home.

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