According to a new study released yesterday by the American Institute of Architects, McMansions are officially out of style. Apparently, 500 residential architects were surveyed and only 4% of their clients were looking for houses with more square-footage (down from 16% last year). But how long will all this common sense last? And what's causing it?
According to an article in the Wall Street Journal, people are less interested in large, expensive houses because of the economy. Also, the vast majority of home buyers these days are empty-nesters and first-time home buyers — two groups that lean towards smaller houses.
But...hello, what about the environment? Those McMansions take a lot of energy to heat and cool and build.
But that doesn't seem to matter. The WSJ seems to think that as soon as the economy picks back up, people will move right back into their McMansions. So sad. How do you feel about McMansions?