Tiny homes are sprouting up everywhere, and financial liberation is only one of the perks.

“Buyers are also seeking a simpler lifestyle and more time to enjoy their loved ones or soulful desires,” says Byron Fears, a Colorado-based tiny-home builder. That’s certainly true for John Cole, a 25-year-old yoga teacher, who just moved into his own 200-square-foot dream home—complete with a dedicated yoga area. “The tiny-home movement is very yogic,” says Cole. “Decluttering and cleanliness are required, and not having the same kind of financial overhead allows me to really live in the moment and do what brings me the most joy.”

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