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

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[quote=Anonymous][quote=Anonymous]There will always be those who opt to be closer in and willing to live in smaller homes.  There will also always be those who opt to move out for bigger homes.  So there are going to be many millennials who choose to have smaller families and stay closer in.  But there are also going to be many millennials who choose to have more than one child who opt for larger homes with more yard space, more rooms and more square footage.

That said, the average square footage of homes is still trending upwards, so it looks as if the desire for more house is still outweighing other factors.
[url]http://blogs.wsj.com/economics/2016/06/02/u-s-houses-are-still-getting-bigger/[/url]

See the graph in the article above.  The only significant drop in average sf house size since 1982 was 2007-2008 during the big housing recession where many buyers had to opt for smaller because that's what they could afford.

So, even if some millennials are opting not to get bigger houses, many of those with 2+ children still are buying larger houses.[/quote]

Isn't it strange that everyone is acting as if millennials will have as many children as previous generations, both is the sense that as many of them will have children and for those that do, that family size will stay consistent? Not only does early data suggests that is not true, this is something that changes from generation to generation. Family sizes have been getting smaller and smaller for a while now. This is not some passing trend millennials started. Using the Baby Boomers and Gen-X as some sort of standard that's existed since time immemorial is ridiculous. Your point about it being a diverse group and people making different choices is well taken, but you're almost undermining your own point with the rest of your post. If millennials who have large families are the main ones who will keep up demand for McMansions in the suburbs, it seems reasonable to think that demand will fall.[/quote]

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