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Real Estate
Reply to "Millennials aren't going to buy your ugly mcmansions, silly Boomers!"
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[quote=Anonymous]I think you will still see large homes and I expect that we will see more. We recently custom built a "multi generational home". I would stop short and call it a McMansion, however. We used first rate materials, experienced labor, reputable architect, and a first rate builder. There is no siding outside and architectural elements, both on the exterior and interior are tasteful - at least that's what our guests tell us. Many factors dictated this investment. People are living longer and we wanted to take good care of our folks, children just don't move away after college any longer (due to high cost of living around here) so wanted space for them to hang around longer if need be, and we also wanted to not move out ourselves as we aged so included two main level bedrooms PLUS an elevator. The DC area is also becoming more and more ethnically diverse whereas multiple generations co-exist under the same roof. The contractor who built our home is super busy building this type of a product. So...yes it is a large home, but has a purpose other than to show off material wealth, and was designed well to fit the large 5 acre lot and consistent with the neighborhood theme. [/quote]
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