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Lee-Lee

(6,324 posts)

10. I don't think that says much- most new home buyers don't buy new construction

Reply to Zorro (Original post)

Mon Oct 31, 2016, 07:33 AM

Oct 2016

New construction costs more and of course will be targeted toward those with more money to spend.

That said, it's probably more of a shift of tastes. People used to want bigger and more usable front porches and now the don't, people used to insist on a working fireplace in most places and now that's more rare, and a garage is as much about an activity and storage space for many families than it is about a place to park.

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12 replies

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Further proof that home-buying is increasingly for the wealthy [View all] Zorro Oct 2016 OP

Its not really that much more expensive to add a 3rd garage Travis_0004 Oct 2016 #1

One needs a lot big enough to build that 3rd garage. Thor_MN Oct 2016 #9

But they will still fill their Mendocino Oct 2016 #2

LOL!!! greytdemocrat Oct 2016 #4

Here in Texas, the garage is often used as a game day gathering spot. X_Digger Oct 2016 #5

Rent prices in Southern California are completely insane. Initech Oct 2016 #6

those rates are soooooo low compared to here in London Grey Lemercier Oct 2016 #8

Demographic shifts, young people want apartments in cities bhikkhu Oct 2016 #7

that might become an issue when people have kids pstokely Oct 2016 #11

Perhaps, that is what happened in my case bhikkhu Oct 2016 #13

I don't think that says much- most new home buyers don't buy new construction Lee-Lee Oct 2016 #10

and yet we have large numbers of existing dwelings elsewhere way way underpriced dembotoz Oct 2016 #12