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

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

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[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]

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