With the real estate market went bust, Bill and Sharon Kastrinos decided to downsize their home ... into a size of a small shed!
Now, they live in a place so small, he and his wife use a ladder to climb into their bed every night. The downstairs has a sitting area, tiny kitchen and bathroom in a space that's 98 square feet. The upstairs loft has a bed in 56 square feet of space. They keep extra clothes in their car.
"It's a very simple lifestyle," he says. "The downside of it is it takes a readjustment. You can't have 100 pairs of shoes in the closet or 50 outfits."
The house cost them $15,000, and the utilities are a mere $15 a month. The couple now live on property owned by their daughter in California wine country, where the average home in 2007 cost $725,000. If they want to leave, the home has wheels and can be pulled behind their vehicle and plugged into any RV park in the nation.