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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
These kind of things are getting depressing. Have you read Kunstler today? He is right. We are a nation of shortsighted fools. (He puts it more colorfully than I do). The energy bills for these things must be amazing.
ReplyDeleteIt is sad that we put so much energy into this kind of oneupmanship and so little into more important things. I don't begrudge people who really want these things and can pay all the real costs. But people who are doing it to show off, and borrowing to get it, are maybe just hopeless.
Those houses have a lot of unused space. They would be better off with a really well built, beautifully furnished house of reasonable size. What a waste.
ReplyDeleteDid anyone notice this story on the McMansions seemed to end abruptly? Seemed like a quick exit with no normal out from Safer.
ReplyDeleteDavid
ReplyDeleteI have a slightly different take on the whole Mc Mansion controversy, especially regarding the Chevy Chase scenario.
http://therealestatebloggers.com/?p=84