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Home and Garden
Buying your parents/in-laws’ house
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[QUOTE="XLCenterFan, post: 3869869, member: 8712"] I had been saying this for years and then corona came. My opinion was that all suburban and exurban neighborhoods/areas are simply full of homes that are far too big, an on lots too big, for what the majority of people will want or be able to afford in the future. The idea that you need half an acre, or a 3,000 square foot home, doesn't mesh with what trends are forecasting that people want (again, pre-pandemic), myself included. I had predicted that suburban homes would decrease in value, especially at the higher end (larger homes), over time. I had considered shorting the homebuilders index, or stocks like Toll Brothers, or even lumber indexes. Glad I didn't, because corona happened, and there was a deluge of urban residents fleeing cities for homes and areas similar to what I just mentioned. I still think society is moving towards much smaller homes and places to live, it's just been greatly disrupted by the pandemic, and homes have actually increased in value, and may continue to do so for years to come. [/QUOTE]
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Buying your parents/in-laws’ house
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