3 ms·
"In my area, you perversely have to go to the ultra-luxe range of the market to get a high quality 2-3 bedroom single family home, while 5 bedroom new construct
by WhompingWindows 7y ago
"In my area, you perversely have to go to the ultra-luxe range of the market to get a high quality 2-3 bedroom single family home, while 5 bedroom new constructions are a dime a dozen."
Same in the Boston area...you're either getting an older, reasonably sized home, a new-build condo/apartment, or a new-build McMansion / cookie-cutter development. These new-builds are often much larger than millenials want, bigger than boomers need, and too expensive for their blandness.
My guess is homebuilders simply make a better profit on these huge homes...for now...while the market is upheld...