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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][quote=Anonymous]Not to be too reductive, but it seems likely that millennials will buy these McMansions in the same way that people now buy big old ugly homes - because it's the amount of space they want for a price they can afford. Those houses probably won't age very well, so I imagine they will sell the same way that older luxury condos do. Assuming you are buying for the house and the land, not just the land - future buyers will be willing to spend less for them than for either brand new homes, or for older charming homes.[/quote] A lot of these McMansions will be well kept up and sold for resell just like smaller homes are. There will always be handyman specials of course. You will always find rundown homes that you can get some sweat equity out of. [/quote]
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