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Reply to "Millennials aren't going to buy your ugly mcmansions, silly Boomers!"
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[quote=Anonymous][quote=Anonymous]Even if millennials do follow the footsteps of previous generations, and as some anecdotes here are attempting to prove, some millennials have, it doesn't mean that their values are the same as the generations who kept going bigger and bigger with house size. To the extent it's sound to make generalizations about such a large, diverse group of people, there does seem to be a trend towards preferring walkable city living, as nationwide property value trends demonstrate. But there's only so much housing stock in cities and everything is weighed against what it cost. Millennial are already proving they have values shaped by their experiences (newsflash--every generation does) by virtue of this shift in demand and denying the move to suburbs, even if inevitable. They can't go back and time and make choices that have shaped housing stock and transit options any more than previous generations could have done when they were young. If and when some millennial do move to the suburbs, and many will because that's where homes are, it will likely be because housing there is cheaper than other options precisely because other people their age are making different choices. I don't understand why everyone seems to get such joy out of criticizing young people and betting on them making the same choices most of you probably made. Of course some of them will. That's the path of least of least resistance at this point, thanks to policies put into place well before anyone who qualifies as a millennial had much say in the matter. It reeks of really deep dissatisfaction and insecurity to need to tear down an entire group of people merely because a very slight amount more of them are making different choices than you did. If it makes you feel better about your property values, whatever generation after millennials will likely have different values and preferences and they will be in your shoes someday, whether those shoes are in the closet in a suburban McMansion or shoved in Ikea's latest contraption in the front hallway of an urban rowhouse. I hope when I am in the position to observe those younger than me making their way in the world I will be happy enough with my own choices to let them live their lives while I live mine. People choosing to live in a way other than how you've chosen is neither a personal attack nor an invitation for feedback. But as you've probably guessed, I'm part of the most diverse generation yet, so I recognize it's probably harder for all you olds to understand.[/quote] Good points. I'm 43 now and am in the process of tearing down my house and building a nice home (but some would call it a McMansion since it will be huge). Right out of college, I remember having a stereo system, buying a huge tube TV, having a bike, my PC was massive, and dreaming of a home theater one day but never having enough space. When I mentioned to my son about having a home theater, he laughed and said that for the money, just buy a bunch of virtual reality glasses and view a massive theater size screen instead. He sort of has a point. Why do I need a whole room to do what can be done with VR glasses? Extend this to bedroom sizes, family rooms (used often to watch TV), etc. Who knows what the future holds. Many of the things that people want now are on our phones.[/quote]
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