Article

2023-08-26 Economy

Home prices are getting so high that builders are starting to build smaller homes

[WND - JACK LIMPERT] — For many Americans, homeownership may be attainable only if they give up a dining room. Home prices are near record highs, frustrating millions of potential buyers who feel priced out of the housing market. Home builders are having to find ways to make their product more affordable to increase their pool of customers.

Shrinking the size of a new single-family home is an increasingly popular way to do it. Smaller homes can help cost-constrained buyers facing high mortgage rates. They also boost the bottom line for builders who are contending with spiraling labor and construction costs.
Graphic is of an old 'Sunday Home' in Fredericksburg, TX.

Posted by Besoeker 2023-08-26 08:04|| || Front Page|| [25 views ] Top

#1 Wow. Starter homes instead of McMansions. What a concept.

Posted by ed in texas 2023-08-26 08:39|| 2023-08-26 08:39|| Front Page Top

#2 Hey, a real base line unit rather than a HGTV tricked out production.

Posted by Procopius2k 2023-08-26 09:03|| 2023-08-26 09:03|| Front Page Top

#3 Homeowner essentials:

1. A bedroom w/closet
2. A bath w/shower
3. A refrigerator and a place to make coffee
4. Electricity

Posted by Besoeker 2023-08-26 09:06|| 2023-08-26 09:06|| Front Page Top

#4 That will be $4000/mo in NYC or SF.

Posted by Enver Slager8035 2023-08-26 09:14|| 2023-08-26 09:14|| Front Page Top

#5 And, unless you live in a condo or can afford a landscape contractor, a shed of some kind for your yard equipment.

Posted by M. Murcek 2023-08-26 09:17|| 2023-08-26 09:17|| Front Page Top

#6 'Oil Camp House' also oftentimes referred to in some locals as a 'pumper's house.'

Work from home. Walk to the lease.

Posted by Besoeker 2023-08-26 09:23|| 2023-08-26 09:23|| Front Page Top

#7 I think you can get houses very inexpensively in quite a few locations. Detroit, St. Louis, etc.

When will the local politicians there wake up to the tremendous asset they have there and clean up their act? (Yes, I make myself laugh, too.)

Posted by Tom 2023-08-26 09:44|| 2023-08-26 09:44|| Front Page Top

#8 "You might be living in a shotgun shack..."

Posted by M. Murcek 2023-08-26 10:50|| 2023-08-26 10:50|| Front Page Top

#9 ....and the days go by, water falling under...

Meme with Chris Farley:
You'll be living in a van, down by the river.

Now: If you are lucky, you'll be living in a van, down by the river.

Posted by swksvolFF 2023-08-26 22:49|| 2023-08-26 22:49|| Front Page Top

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11:04 M. Murcek