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McMansions Return: Why Big Houses Are Coming Back

McMansions Return: Why Big Houses Are Coming Back

sidfeinberg | Dec 17, 2012 12:00 PM ET ** You must buy now or you will be priced out *** You should up size your home as soon as possible, your neighbors will envy you. Values are going up at 15% per year in all markets Real estate only goes up

bananas_foster | Dec 17, 2012 12:07 PM ET Buy now! Buy now! There has NEVER bene a better time to buy a home. Here we go again. Like sheep to the slaughter.

EugeneDAlessio | Dec 17, 2012 12:10 PM ET Now is the time to upsize.....you can buy four forclosures right next to each other and make one big house on all four lots and with the utilities all seperated you can have 4 seperate sewer lines so the bull sh^t goes down quickly

We.are.being.played | Dec 17, 2012 12:19 PM ET Let me paraphrase ... Since there aint no money in smaller housing .... and the rich are the only ones that can still afford it .... let`s see what propaganda we have to distribute and get our shill network partners to push it before the floor caves in and we another 30% drop in Real Estate. This is how the Sheeple and Lemmings are interpreting it ... Golly Gee Whiz Martha - If we both get part time jobs (on top of the one we have now at the Hamburger Greasy Spoon) we can go and commit ourselves into the debt-hell that the Banksters want us to be in. We can eat every other day - and turn off the furnace until ice forms in the living room. Just in time for the slaughter.

debtslave | Dec 17, 2012 12:27 PM ET all I can say is, consider the source of this information, a homebuilder, go figure.

chipleyfla | Dec 17, 2012 12:29 PM ET Ha! Ha! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! No other comment needed.......

debtslave | Dec 17, 2012 12:31 PM ET PS - who wouldn`t want to waste all that money on heating and cooling such a large space? Everyone loves to throw money away and give it to the corrupt utilities, all that extra non-used space in these homes needs to be at a proper temp to make buyers remorse easier to handle.

debtslave | Dec 17, 2012 12:34 PM ET PSS - Real estate was the only asset class NOT included in the legislation on money laundering, which means that if you buy a mc mansion you are helping the drug and banking cartels launder their cash. And pleaseook this up if you are skeptical.

njlou | Dec 17, 2012 12:47 PM ET It`s all too obvious!!! there has to be a place to launder Obama stimulus money, and for those of you who have "old" money ...better spend it now before it gets confiscated. LOLOLOLOL

ChrisH2 | Dec 17, 2012 12:56 PM ET The key part of this is the "multi-generational housing" which can be another way of saying they need a space they can rent out to someone to help make the mortgage payments. I have friends still in the construction business in the Silicon Valley area and they`re currently doing six conversions or additions that involve so called "in law quarters". Once the final inspection is done and the occupancy permit is cleared, all of these units will become illegal rental units.






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Latest Comments

Higher-End Homes Selling Again - Duck_Dodgers | Dec 20, 2012 12:04 PM ET... - by fiscalC

Buyers return to market after foreclosure - Mandor March 20, 2013 I would not want a mortgage default to stay with you forever. If someone loses their job and simply no longer has the income to pay the mortage, but they`ve sold darn near eve... - by BrianBeskin

Mortgage Applications Fall for a Third Straight Week - 720MP | Jan 3, 2013 07:52 AM ET if it leaves out 25 percent then the information is worthless

StormT | Jan 3, 2013 08:10 AM ET And yet....................there`s a housing recovery? H... - by QVV335

We need a housing bubble or else home prices would collapse - Bureaucrat | Feb 8, 2013 12:04 PM ET In my area, rents are still very soft, maximus34. Many, many folks who move these days are being forced to rent their current homes very cheaply because they are ... - by Guest725

the housing is extremely abused - gee.la | Feb 11, 2013 01:22 PM ET The mentality of vanity is the central part for people to buy bigger house that in long term they cannot afford and the society cannot afford such a sick vanity. Two... - by bud755



McMansions Return: Why Big Houses Are Coming Back

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