Texas Man Builds Miniature House in Hopes of Avoiding College Debt | Katonah Real Estate
Joel Weber said he's determined to incur less college debt by living in the tiny, 145-square-foot house he built, rather than struggling to pay higher rent in his college town of Austin, Texas. "I wanted a place to call home," Weber told ABC News. "I wanted it to be affordable so I could be debt-free and let it be an investment to give back to the community — not just dumped into rent that I wouldn't get any return on." Weber, who will begin his junior year at the University of Texas at Austin, said it can cost upwards of $800 a month to live in the area near his school. In a bid to save himself from further debt, the 25-year-old said it was summer 2014 when he decided that he'd build his own home, rather than stressing over higher costs for an apartment, or on-campus dormitories. The dwelling, Weber said, took one year to complete and cost an estimated $20,000. "I saved up quite a bit and what I didn’t have, family, friends,...