Ned Pepper's Outrages

Tuesday, October 11, 2011

Demographics and Housing: Another Wall of Stupid

Ned has read statistics on geezers and boomers, and he will graciously share them with his many friends. "A full" 54% of boomers 55-64 want to move to a smaller house, while "fully" 84% of geezers 65 and older intend to move to a smaller house from their present large one. But what was the housing industry, guided by Sneering Plutocrats like all the rest, planning or intending to build all along? His friends have guessed it: larger and larger McMansions, except in islands of sanity like Arlington, VA. Even "townhomes" in cities tend to be gargantuan and grotesquely appointed. Ned would ask his friends to consider whether the housing crash would have been as bad if houses were far smaller and concentrated in decent places to live, and not in such Godawful places as Las Vegas, NV? Perhaps those who can afford housing, such as boomers and geezers (as a group) would have been more likely to buy houses when owners needed to sell them if they had fit the criteria clearly expressed by the fastest growing, and one of the wealthiest, age group in the country?
Just askin.'

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