tag:blogger.com,1999:blog-969783509065962001.post1955509673250556712..comments2024-01-21T05:12:06.736-05:00Comments on Boomer Consumer :: The Blog: The Age of Mass Consumption Is Dead, Dead, DeadMatt Thornhill & John Martinhttp://www.blogger.com/profile/05245061646740080784noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-969783509065962001.post-16172212519118910582009-05-07T11:32:00.000-04:002009-05-07T11:32:00.000-04:00Thankfully, no. I live in a modest 1800 square fo...Thankfully, no. I live in a modest 1800 square foot brick cottage within biking distance of 'downtown'. (I'm in a small town, so maybe 'town center' would describe it more accurately!)<br /><br />And interestingly, home values in our neighborhood continue to rise while the houses in gated & gabled communities are still shaky at best.Sally Pnoreply@blogger.comtag:blogger.com,1999:blog-969783509065962001.post-81317023071105722502009-01-29T13:37:00.000-05:002009-01-29T13:37:00.000-05:00Sally, you make a really good point. Not only is t...Sally, you make a really good point. Not only is the United States experiencing a generalized housing bust, but there's a huge mismatch between the kind of houses people wanted 5 years ago and the kind of houses they'll want in an age of economic and environmental austerity. Combine the economy/sustainability issues with the fact that empty nester Baby Boomers will begin unloading their big houses, and the fact that there aren't enough Gen Xers to take up the slack, and you're going to find it's very hard to move those 6,000-square-feet houses at any price.<BR/><BR/>I hope you don't live in one.James A. Baconhttps://www.blogger.com/profile/15014348625081004121noreply@blogger.comtag:blogger.com,1999:blog-969783509065962001.post-89565843285515051862009-01-29T11:04:00.000-05:002009-01-29T11:04:00.000-05:00I see evidence of the 'new fru' which raises a ser...I see evidence of the 'new fru' which raises a serious question for me: what happens to all those homes that were built - and there are thousands of them in my community alone - that are just too big? The houses of many gables, with bonus rooms and three car garages, and 6000 sq. feet of living space. <BR/><BR/>What happens when those owners need or want to sell?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-969783509065962001.post-60054701238689035772009-01-21T11:21:00.000-05:002009-01-21T11:21:00.000-05:00To me, this is fabulous news. Why do we need all t...To me, this is fabulous news. Why do we need all this stuff and credit card debt and excess?Anonymousnoreply@blogger.com