In light of recent events — the deal-gone-bad on Neutra's Kaufmann House and the story in The New York Times about the woman in New Canaan who wanted to make her Philip Johnson designed home into a pool house — Slate's Daniel Gross answers the question Are Architectural Landmarks a Good Real Estate Investment?...
Architectural Landmarks as Investments
Slate 6.4.08
The piece focuses on the questionable success of Johnson's Glass House as a museum and asks if architectural pedigree is enough to make something profitable. Read the article at Slate: People Who Buy Glass Houses and keep in mind it's written from a business angle — not a design angle. Via: unbiege.
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Housing - whether modernist or traditional, new or old - is an investment in a certain lifestyle, which is not something that can be completely quantified in dollars and cents.
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