Faced with high mortgage rates, cost-constrained Americans are embracing smaller homes

  • Burn_The_Right@lemmy.world
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    1 year ago

    It’s good that people live in smaller houses now? What the fuck do you have against working class families?

    If corporations and conservatives have their way, the working class will just live in tents in front of their factory jobs.

    • DerisionConsulting
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      1 year ago

      It is good that the houses are becoming less gigantic now, and I have nothing against working-class families.

      From the article:

      In December, Brad and Julie Redman downsized from their more-than 7,000 square-foot custom-built home to a 3,400 square-foot semi-custom model in Westfield, Ind., after their children left home.

      Since 2018, the average unit size for new housing starts has decreased 10% nationally to 2,420 square feet

      Sonia Mendez, a real-estate agent in the area, said she has seen builders increase construction of 1,500 to 1,700 square-foot townhomes.