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Real Estate
Reply to "WSJ: rapidly growing mismatch between the price of available housing inventory and demand"
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[quote=Anonymous]Yeah I've wondered about this too. Many people buy and build HUGE houses, but don't really want them. I have a 3500 sq ft house, but would have preferred 2500 for instance. I just wanted 4 bedrooms (3 and a office really) and a large family room/kitchen. Not easy to find! Builders are not building what people want, but are instead building what will profit them. There is a disincentive to build small-medium sized family homes. They make the most money off the big houses. My starter "house" was a condo, just like the majority of the people I know. Sure the HOA fees suck, but it's the easiest way to get on the property ladder. Townhouses were about 200k more than my condo and houses were about 400k more. [/quote]
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