1
0

Huge Homes Drive Away Would-Be Buyers


               
2014 Mar 3, 1:39am   15,437 views  42 comments

by OurBroker   follow (0)  

Homes keep growing in size, families keep shrinking and household incomes are 9 percent lower than in 1999. The inevitable result is that new home sale activity has plummeted: sales in 2013 were 974,000 units below the transactions seen in 2005.

When people ask "how can I cut my mortgage costs" the answer is obvious: Buy a smaller home yet the vast and voluminous products created by the home building industry do not align with the needs and preferences of those who might be in the marketplace for a new house.

Why Are Homes So Damn Big?

#housing

« First        Comments 41 - 42 of 42        Search these comments

41   New Renter   2014 Mar 5, 12:39am  

mmmarvel says

OurBroker says

I cringe at any standard which includes the term "mostly" and relies on the

eyes of the beholder.... Below is my example of a thoroughly-habitable

basement.

BUT that would NOT be considered habitable by a building department (I'm a building inspector so I know of what I speak). It probably doesn't have (or was designed to have) climate control. Egress (escape) is limited. It was (and is) being used (and was designed) as a wine cellar. It was not designed for habitate by a human, not as a sleeping, eating, or any normal human use of the space.

You do realize this is a joke, right?

42   OurBroker   2014 Mar 5, 12:44am  

Hopefully, yes.

« First        Comments 41 - 42 of 42        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   users   suggestions   gaiste