Amazon delves into real estate; delivers foldable homes online

Tribune Web Desk

Chandigarh, February 6

In the evolving landscape of e-commerce, the global giant Amazon has now delved into the realm of real estate. The spotlight fell on this innovative venture when 23-year-old Los Angeles resident Jeffrey Bryant took to TikTok to showcase his unconventional purchase: a fold-out flat acquired from Amazon.

The compact house, measuring 16.5 ft by 20 ft, boasts an array of amenities within its modest confines, including a built-in shower and toilet, a bedroom, a kitchenette and a living area. With a price tag of $26,000, Bryant’s acquisition represents not just a living space but also an investment opportunity as he plans to convert it into an Airbnb rental.

Bryant’s journey from purchase to delivery sheds light on the seamless process facilitated by Amazon. With the assistance of an Amazon specialist, Bryant navigated the intricacies of his purchase, ultimately securing an upgraded unit at a retail price of $39,999. The house arrived in a compact cube, unfolding into its full form with the help of a team of five individuals in just 20 minutes.

However, the road ahead presents its own challenges into this unconventional realm of homeownership. Procuring permits, particularly in states like California, remains a crucial step in the process.

About The Author

Tribune Web Desk

The Tribune Web Desk brings you the latest news, analysis and insights from the region, India and around the world. Follow the Tribune Wed Desk for not just breaking news stories but wide-ranging coverage of events.

#Amazon