Aging process quickly hits homes in Las Vegas - McMansions built in 2004 now outdated & unsold

[Liberal_in_LA]

Aging process quickly hits homes in Las Vegas

http://www.latimes.com/business/la-fi-vegas8apr08,0,3236506.story?track=mostviewed-storylevel

There are 600 million-dollar properties built since 2004 on the market -- and many of them are considered outdated.
By Peter Y. Hong, Los Angeles Times Staff Writer
April 8, 2008
LAS VEGAS -- They blow up aging casinos in this town. Now, some are wondering what to do about yesterday's desert dream homes.

Take the foreclosed million-dollar house realty agent Michael Antos recently showed. Please.

To the untrained eye, the four-bedroom, five-bath retreat may appear top-drawer, shimmering with granite and marble throughout, and with posh touches like a pool with a sandy beach entry.

But Antos pointed out that the house was showing its age. After all, it was built in 2000. In Vegas, that makes it as dated as a coin-operated slot machine.

The chandelier? Plastic. The granite surrounding the upstairs bathtub is tile, not slab. And those polished travertine tiles in the entryway may look luxurious, but at 12 inches by 12 inches, they just won't cut it today.

"Now you've gotta have at least 20 by 20 to sell something at this price," Antos explained.

[TwilightGardener]

1. Idi-fucking-otic. What a sad, throwaway society we are. These

Vegas folks would have conniptions in my 130+ year old house. Fun-house tilted floors! Old-house smell! No garage! And *gasp*: recently installed laminate countertops! The horrors!

[Liberal_in_LA]

3. They'd consider my home to be horribly outdated also...dates from the 70s

[zbdent]

2. as one Brit said ...

"Americans think a hundred years is old and a hundred miles is a short distance ..."

[devilgrrl]

4. I bet the Big Bad Wolf can blow those piece of crap McMansions down with little or no effort....

should the Big Bad Wolf had existed that is.

:hide:

[otohara]

5. How McMaddening

McSelfish, McWaistful, McDisgusting.

[Occulus]

6. These idiots are just goddamn infuriating.

What a bunch of fucking schmucks. And I'm being more polite than I would like.

These people deserve to be smacked around with a sock full of shit.

Unbelievable. Just... unbelievable.

:grr:

edited to add: THIS is "outdated"??



:grr::grr::grr::grr:

[elehhhhna]

7. Decorating with permanent finishes is STOOPID, and so is taking a 30 year

loan to pay for granite countertops and crappy wood flooring.

[Trillo]

8. I'm not advocating this, but....

I read that bulldozers work well in the Fresno area for the homeless population's belongings.

Kinda curious to juxtapose the two contrasting attitudes.

[riverdeep]

9. What can you say when the entire town is built on a fantasy?

It seems like the logical outcome.