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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%4:00 PM EST
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To: John Vosilla who wrote (117489)3/30/2016 6:46:12 AM
From: elmatador  Read Replies (1) of 217745
 
John,

Was the McMansions phenomenon a result of cheap materials imported from China. Or put another way.

Without materials from China the MacMansions phenomenon had not been possible?
thanks

I quote this comment:

I think in many areas McMansions will either end up as slums or torn down over the next 10-20 years, because so many of them have been poorly constructed. My guess is that these homes will have shorter lifespans than the more modest but comparatively better-built American homes of the past (that were constructed, for the most part, by skilled American labor using better quality domestic materials and practices).
I live in an affluent suburb of NYC. Despite the high-price tags of the many McMansions built here, almost all were cheaply built using substandard materials imported from China, and constructed by contractors who used unskilled illegal immigrants and day laborers from Mexico and other parts of Latin America. These buildings have "made code" but just barely, and the quality of materials and workmanship put a limited-life span on these homes from the start. If they stayed occupied and were subject to continual maintenance, most would probably last for a few decades. However, with many already foreclosed and more foreclosures likely in the future, I think the future outlook of these homes is not good.
http://www.crisismagazine.com/2010/death-comes-to-the-mcmansion
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