McMasions and Dog Poo Apps – hmmm.
It’s why I read the paper, to see just how many ideas it gives me to write about.
Today there was an article about large – McMansions? - homes
not selling very fast at all especially when compared to less expensive homes.
What is the surprise in this??
I am always shocked when other people are shocked about
developments that were pretty obvious to see coming. I have been predicting for
years that if you own a large home that you don't intend to live in until you keel over it might be best to vacate sooner rather
than later. Everyone should have seen it coming. With a slower growing (and faster
aging) population and a much smaller group of people with the income to
purchase these big homes - especially in the distant suburbs - the future was
not going to look like the past. (A lesson we continually seem to need to relearn.)
As noted by much smarter people than me – which is most – the
trouble right now really is out in the suburbs. You can sell a complete dump for
500k in a desirable part of Minneapolis or the close in suburbs but I think this too shall pass. There really are only so many people that will be willing
to pay 500k for some joint that happens to be near light rail and 200 cute, new
restaurants. It’s a declining demographic - and that’s a good thing!
The fact that we continue to over inflate the value of a possession
that is just supposed to be a place to live in only makes life more difficult for
our kids and grandkids. For their sake I hope that everyone gets saner about
this home ownership thing than we were - and refuse to go along with the
housing - industrial complex siren’s song. (Not to be confused with the
healthcare - industrial complex or education - industrial complex.)
Finally, no, I didn’t forget the dog poo app. It should be obvious
that many of the current and future potential buyers are not going to be terribly
interested in the time and effort of keeping one of these behemoths running. As
more evidence of this I offer the recent article about a dog poo app that’s
coming out. A dog poo app; a smartphone app to get some poor Uber-like sap to
come and clean up your dog’s business (No, unfortunately I'm not kidding.) Does it seem likely that people that are
too lazy to clean up after their own dog will be interested in mowing and
clipping and cleaning triple garages?
Of course they could hire all those things too but that kind
of cuts into on their foodie and craft beer budgets.
C’est la vie.
(More on foodies, beer snobs and coffee snobs later when I
stop crying about the dog poo app.)
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