Millennials aren't going to buy your ugly mcmansions, silly Boomers!

[Anonymous]

Omg, Can you not connect historic/hysteric combined into hystoric? There are tons of house fanatics and these are the worst. If George didn't die in it, then they aren't buying it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it is Gen X who owns the McMansions, I sure don't own a McMansion.

Agree - definitely in our neighborhood anyway. It seems like the tail end of the Gen Xers and possibly the front end of the Millennials who are snatching up the McMansions - not Boomers.

The Mills are too smart to be duped into buying useless drywall. Their cynicism may save this country.

+100000

Generation X was frequently derided as the "slacker" generation, but they turned out to be both industrious and the primary buyers of larger homes. At some point the millennials will grow up. The Peter Pan act gets old eventually.

Gen X has retained many of the characteristics they always had and remains markedly different from the boomers. They're still much more cynical than the previous generation, along with other characteristics. Seems a bit absurd to think that millennials will suddenly have a huge personality shift when many of them are already in late 20s/early 30s and their behavior within the workplace has been so noticeably different from previous generations and shows no signs of changing

It's not as absurd as attributing to an entire generation a set of preferences associated primarily with a subset of that generation. If the demand for the larger homes in the suburbs didn't exist you wouldn't see the continued growth in suburbs like Loudoun and Howard Counties, or entire new subdivisions of homes priced over $1.5 million inside the Beltway selling out in months.

I don't want to keep anyone from making pronouncements based on their own, extended navel-gazing, or faux-surveys of Millenials responding to loaded questions, but sometimes actually looking at market information might be informative.

I don't know how on earth you've convinced yourself that it's millennials buying those homes, but I agree- let's stop navel gazing and go with statistics.

https://www.washingtonpost.com/opinions/millennials-arent-buying-homes--good-for-them/2016/08/22/818793be-68a4-11e6-ba32-5a4bf5aad4fa_story.html

Millennials aren't buying homes across the board, and I'm willing to wager good money that they weren't buying the majority of the McMansions in Loudon county. This is not about the CURRENT state of the housing market, which is primarily still driven by boomers and gen-x. This is about what the housing market will look like in 15, 20, 30 years.

If you want to stop navel gazing and have info that it was in fact millennials who bought the homes in Howard county, by all means, post it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it is Gen X who owns the McMansions, I sure don't own a McMansion.

Agree - definitely in our neighborhood anyway. It seems like the tail end of the Gen Xers and possibly the front end of the Millennials who are snatching up the McMansions - not Boomers.

The Mills are too smart to be duped into buying useless drywall. Their cynicism may save this country.

+100000

Generation X was frequently derided as the "slacker" generation, but they turned out to be both industrious and the primary buyers of larger homes. At some point the millennials will grow up. The Peter Pan act gets old eventually.

Gen X has retained many of the characteristics they always had and remains markedly different from the boomers. They're still much more cynical than the previous generation, along with other characteristics. Seems a bit absurd to think that millennials will suddenly have a huge personality shift when many of them are already in late 20s/early 30s and their behavior within the workplace has been so noticeably different from previous generations and shows no signs of changing

It's not as absurd as attributing to an entire generation a set of preferences associated primarily with a subset of that generation. If the demand for the larger homes in the suburbs didn't exist you wouldn't see the continued growth in suburbs like Loudoun and Howard Counties, or entire new subdivisions of homes priced over $1.5 million inside the Beltway selling out in months.

I don't want to keep anyone from making pronouncements based on their own, extended navel-gazing, or faux-surveys of Millenials responding to loaded questions, but sometimes actually looking at market information might be informative.

I don't know how on earth you've convinced yourself that it's millennials buying those homes, but I agree- let's stop navel gazing and go with statistics.

https://www.washingtonpost.com/opinions/millennials-arent-buying-homes--good-for-them/2016/08/22/818793be-68a4-11e6-ba32-5a4bf5aad4fa_story.html

Millennials aren't buying homes across the board, and I'm willing to wager good money that they weren't buying the majority of the McMansions in Loudon county. This is not about the CURRENT state of the housing market, which is primarily still driven by boomers and gen-x. This is about what the housing market will look like in 15, 20, 30 years.

If you want to stop navel gazing and have info that it was in fact millennials who bought the homes in Howard county, by all means, post it.

I read that article already - it's an opinion piece that notes that the younger cohort continues to want to buy homes but may have to wait later to do so. It suggests the exact opposite of what many of the "McMansion" haters on this thread want others to believe.

[Anonymous]

Just in time for this discussion on who is buying ( or not) the McMansions!


https://www.washingtonpost.com/realestate/as-demographics-change-mcmansions-dont-like-quite-so-appealing/2016/08/29/74a02952-6e05-11e6-9705-23e51a2f424d_story.html

[Anonymous]

Only the millennials like ourselves who are married, settled and pull at least 250k hhi are buying so called mcmansions. The rest are still single and renting.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm a millennial (1988) and I don't want to live in a McMansion. Nationally, people are moving into more walkable, mixed use neighborhoods with different types of commercial space and housing. Look at Rockville, Pentagon City, and Tyson's. They're all trying to make themselves car-free destinations. I'm not sure it'll work (especially in NoVa) but I think it's wrong to assume that we'll all pack up and move to the burbs once we have kids.

Car free will disappear as a preference ten minutes after driverless cars become mainstream


What seems more likely, a bunch of people paying a premium to live next to the tracks for a choo choo train or people living anywhere they want and having their car drive them in private relaxation?

People said teleworking would cause massive change to housing patterns

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a millennial (1988) and I don't want to live in a McMansion. Nationally, people are moving into more walkable, mixed use neighborhoods with different types of commercial space and housing. Look at Rockville, Pentagon City, and Tyson's. They're all trying to make themselves car-free destinations. I'm not sure it'll work (especially in NoVa) but I think it's wrong to assume that we'll all pack up and move to the burbs once we have kids.

Car free will disappear as a preference ten minutes after driverless cars become mainstream


What seems more likely, a bunch of people paying a premium to live next to the tracks for a choo choo train or people living anywhere they want and having their car drive them in private relaxation?

People said teleworking would cause massive change to housing patterns

SOME people get to telework and it allows them some flexibility to choose - ANYBODY will be able to choose a driverless car, by definition, way more people than telework.

Anybody saying that all things being equal, people would rather have less house, worse schools and deal with public transportation, vs more house and a driverless car needs to give that some more thought.

Just my thesis, feel free to disagree but we choose walkabiliy as a by product of cutting down our commute. It's OK to be able to walk to the store, etc but it doesn't define our lifestyle. If you told me I could spend 45 minutes to an hour in a car, maybe even getting work done on the way to and from work, and as a result, I get a larger, nicer house, more land and better schools - I am there in a skinny minute.


Generally the point/counterpoint of DCUM goes like this

We don't care about walkability - you must be fat

We moved to the suburbs for the schools and we love it! - sorry that you can't afford to live close in

We live close in - you must live in a shit shack and enjoy crime



It's all so boring

Point is that the driverless car will change things - maybe big, maybe small but everybody gets so defensive about their choices - live your lives

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a millennial (1988) and I don't want to live in a McMansion. Nationally, people are moving into more walkable, mixed use neighborhoods with different types of commercial space and housing. Look at Rockville, Pentagon City, and Tyson's. They're all trying to make themselves car-free destinations. I'm not sure it'll work (especially in NoVa) but I think it's wrong to assume that we'll all pack up and move to the burbs once we have kids.

Car free will disappear as a preference ten minutes after driverless cars become mainstream


What seems more likely, a bunch of people paying a premium to live next to the tracks for a choo choo train or people living anywhere they want and having their car drive them in private relaxation?

People said teleworking would cause massive change to housing patterns

SOME people get to telework and it allows them some flexibility to choose - ANYBODY will be able to choose a driverless car, by definition, way more people than telework.

Anybody saying that all things being equal, people would rather have less house, worse schools and deal with public transportation, vs more house and a driverless car needs to give that some more thought.

Just my thesis, feel free to disagree but we choose walkabiliy as a by product of cutting down our commute. It's OK to be able to walk to the store, etc but it doesn't define our lifestyle. If you told me I could spend 45 minutes to an hour in a car, maybe even getting work done on the way to and from work, and as a result, I get a larger, nicer house, more land and better schools - I am there in a skinny minute.


Generally the point/counterpoint of DCUM goes like this

We don't care about walkability - you must be fat

We moved to the suburbs for the schools and we love it! - sorry that you can't afford to live close in

We live close in - you must live in a shit shack and enjoy crime



It's all so boring

Point is that the driverless car will change things - maybe big, maybe small but everybody gets so defensive about their choices - live your lives

Are driverless cars going to change the amount of time you sit in your car to get from point A to point B?

Also you realize über exists, right? You can just take it to/from the burbs if you desire a driverless car. It's basically the same thing. If you wouldn't enjoy uber for 45 minutes I'm not sure why you'd enjoy a driverless car.

[Anonymous]

I lived in Gaithersburg for two years moved to the city and am never leaving if I can help it. I hated that commute. I want to spend my time doing things I enjoy v. commuting. I don't care what other people do or where they live.

[Anonymous]

Anonymous wrote:I lived in Gaithersburg for two years moved to the city and am never leaving if I can help it. I hated that commute. I want to spend my time doing things I enjoy v. commuting. I don't care what other people do or where they live.

So why are you on this thread? I call BS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Lol, hystorical properties are the worst. Why would anyone buy something old with layers and layers of bad rescue attempts? Millennials may want small, but they don't want old.

I dunno, probably people who can spell "historical"

Now, now, PP -- give the poster a pass -- she was probably a Womyn's Study major and skipped the important stuff.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it is Gen X who owns the McMansions, I sure don't own a McMansion.

Agree - definitely in our neighborhood anyway. It seems like the tail end of the Gen Xers and possibly the front end of the Millennials who are snatching up the McMansions - not Boomers.

The Mills are too smart to be duped into buying useless drywall. Their cynicism may save this country.

+100000

Generation X was frequently derided as the "slacker" generation, but they turned out to be both industrious and the primary buyers of larger homes. At some point the millennials will grow up. The Peter Pan act gets old eventually.

Gen X has retained many of the characteristics they always had and remains markedly different from the boomers. They're still much more cynical than the previous generation, along with other characteristics. Seems a bit absurd to think that millennials will suddenly have a huge personality shift when many of them are already in late 20s/early 30s and their behavior within the workplace has been so noticeably different from previous generations and shows no signs of changing

It's not as absurd as attributing to an entire generation a set of preferences associated primarily with a subset of that generation. If the demand for the larger homes in the suburbs didn't exist you wouldn't see the continued growth in suburbs like Loudoun and Howard Counties, or entire new subdivisions of homes priced over $1.5 million inside the Beltway selling out in months.

I don't want to keep anyone from making pronouncements based on their own, extended navel-gazing, or faux-surveys of Millenials responding to loaded questions, but sometimes actually looking at market information might be informative.

I don't know how on earth you've convinced yourself that it's millennials buying those homes, but I agree- let's stop navel gazing and go with statistics.

https://www.washingtonpost.com/opinions/millennials-arent-buying-homes--good-for-them/2016/08/22/818793be-68a4-11e6-ba32-5a4bf5aad4fa_story.html

Millennials aren't buying homes across the board, and I'm willing to wager good money that they weren't buying the majority of the McMansions in Loudon county. This is not about the CURRENT state of the housing market, which is primarily still driven by boomers and gen-x. This is about what the housing market will look like in 15, 20, 30 years.

If you want to stop navel gazing and have info that it was in fact millennials who bought the homes in Howard county, by all means, post it.

I read that article already - it's an opinion piece that notes that the younger cohort continues to want to buy homes but may have to wait later to do so. It suggests the exact opposite of what many of the "McMansion" haters on this thread want others to believe.

Ok but regardless of your personal feelings about that article the statistics remain the same. http://www.theatlantic.com/business/archive/2016/08/millennials-the-mobile-and-the-stuck/497255/

[Anonymous]

Anonymous wrote:

Anonymous wrote:The main thing I got from this thread is there are women who can reach out and touch 40 who believe they're Millennials. That's so cute.

And I think you're sweet to be bothered! Your aging must really get under your skin for a demographic statistic to bother you.

- Nearly 40 by your standards, don't care.

Honey there's no standards to being nearly 40. You either are or aren't near it, numbers aren't subjective

[Anonymous]

Anonymous wrote:

Anonymous wrote:I lived in Gaithersburg for two years moved to the city and am never leaving if I can help it. I hated that commute. I want to spend my time doing things I enjoy v. commuting. I don't care what other people do or where they live.

So why are you on this thread? I call BS.

As do I, no one who could afford to move to the city lives in Gaithersburg

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think it is Gen X who owns the McMansions, I sure don't own a McMansion.

Agree - definitely in our neighborhood anyway. It seems like the tail end of the Gen Xers and possibly the front end of the Millennials who are snatching up the McMansions - not Boomers.

Snatching up McMansions that were already built? By the boomers? I'm solidly Gen-X, the McMansion trend was well underway when I was in Jr High. We were not the ones who started clearing large tracts of land to build 5000 square foot houses for families of four. Boomers are aging out of them now, some people still want them, more don't.

And the sorry Millennials, you weren't the first to rediscover the joys of city living. I moved to DC 18 years ago it and have stayed because we love living in the city and don't need a huge house or want a long commute. Most of my friend feel that way, wherever they live, big city or small college town. I can count the McMansion owners in my life on one hand.

But sure, take credit for a demographic shift that started when you were in pull-ups. Maybe you'll get a trophy. If not, your mommy can call.