Reply to why new builds in mclean lose values over time?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]New homes have no intrinsic character created by good architecture and quality construction.

Lacking this, builders fill new homes with the latest on trend finishes.  You By their nature the finishes are dated quickly and fall out of favor fast.  After 5-10 years, one is selling a dated box.  Buyers prefer the new box with trendy details that will fade fast in favor. [/quote]

That is silly.  Age alone does not automatically bestow character, let alone "intrinsic" character, nor does it automatically come with quality construction or good architecture.  Pick any era in the history of mankind, and be 100% that good houses as well as crappy ones have been built during that time.  Because of the survivor bias, only good old houses are now left standing, and you're committing a silly novice mistake by assuming that all old houses have "intrinsic" character.

There are tons of new home getting built with good architecture and quality finishes.  Just add $10 million to your search price, and you'll see them.  [/quote]

You seem to have trouble following the discussion as is apparent with with your obtuse comment[/quote]
I responded to a second post in this thread. There wasn't really a discussion to follow at that point. [/quote]

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