The tiny home movement is a lot older than that, but yeah, more or less. Only distinction is that people usually want more of whatever given product, except with homes, where upkeep means having “too much house” can be a real life pain in the ass. It’s just more hours out of your day, having to upkeep any given room from weathering and getting dirty. Then it just comes down to personal preferences.
But they are definitely liked due to being cheaper, no question.