Generation Y not interested in Mcmansions:click
gut job:click
Its a mirage:click
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Not for profit:
All ad fees wll be donated to http://www.cheetahexperience.com. In less than 10 years they will be gone. Cheetahs are the only big cat that purr's and the only big cat that can be trusted in a professional setting. We are their biggest fan. And yes, I am just another crazy cat lady. !!
Not for profit:
All ad fees wll be donated to http://www.cheetahexperience.com. In less than 10 years they will be gone. Cheetahs are the only big cat that purr's and the only big cat that can be trusted in a professional setting. We are their biggest fan. And yes, I am just another crazy cat lady. !!
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1 comment:
Excellent article on Gen Y and housing...it really says what I have being saying since 2003 about these tract home McMansions.
If you own one of these monsters then you are in serious trouble because there are NO BUYERS for these at the prices you paid. Buying monsters in order to make the statement that they have "arrived" is a serious mistake.
The $6K tax credit for move up buyers is nothing, they no longer have the equity in existing home to sell and "move up" anywhere.
Ageing baby boomers DO NOT want this amount of space and the expense that goes with it.
As the article stated GEN Y is not concered with making a statement with one of these tract home McMansions they would rather spend money more practically.
Bottom line, these tract McMansions will contimue to fall in value.
2500 sq ft Max
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