Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (146033)	9/23/2014 9:18:35 PM
From: John Vosilla	Respond to of 149317

Well since the 1960's all we've known is bigger and bigger new houses and a rising tide lifting all boats basically into the financial crisis.. Yet it hasn't quite worked as well anymore for the working class basically since Clinton left office and the post 9/11 world while at the same time family size keeps shrinking yet new houses today are still much bigger than in 2000.. Much do to very low interest rates and catering to the top 20-25% in areas where prices have appreciated substantially and thus it is feasible to build new.. Is a mismatch as in many locations the smaller older homes can't be replicated new by a builder in that size range anywhere near those low price points today yet the demand is greatest there... As you say usually they go out exhurbs to build anything new these days unfortunately..