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Headline

All new homes to be ‘zero carbon’ by 2016

Comment

Over the last few decades, the median home size has drastically inflated, and of new homes being built, they are beginning to become smaller homes. Median home size has exploded – in the 50s, it was about 1250 square feet, and was over 2000 square feet by the 2000s. Granted, many of these homes were built quickly with generic, cookie cutter plans and fast construction – dubbed McMansions. Typically, many of these homes required a lot more extra cash to build, and more low interest loan mortgages were made – triggering the subprime debacle. It still takes a big installment loan for a house, regardless of the median home size , but people are beginning to downgrade.

Posted date

14 August, 2009

Posted time

11:51 am

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