The Housing Bubble

15 May 2006 | Category: Architecture Matters
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The Housing Bubble

Found this article in Wired Magazine - November 2005 Issue. Makes me wonder how much did the developer association paid for them to publish this article. According to the article, today’s buyer gain more square feet in term of dollar when purchasing a housing, plus the burden is less due to better banking loan and many more.

This makes me wonder what they meant by “gaining more square feet”? Today’s family is smaller than yesteryear. Plus not every family can afford a bungalow, which is a very unlogical comparison of now and then. The comparison should be made by calculating the average square feet for each American.

p.s. If you’re not a Wired Magazine reader, its time you subscribe to one. Its the best computer magazine ever.

Further Reading : Business Week & Wired Magazine

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  1. Japan Micro-Homes in the Big City : mirage.studio.7
    on July 24th, 2007
    1

    [...] Houses in Japan are getting smaller and smaller every year, it appears to be a trend in every first world Asian country for example Hong Kong and Singapore, but not for the Americans dream house. [...]

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