http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/comment-page-1/#comment-300712 tomg Fri, 21 Nov 2008 20:33:34 +0000 http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/#comment-300712 Homes have historically have been reduced in size during recessions. This is not an anomaly but a predictable function on the housing market. The other factor which in recent years has contributed to increased housing cost (apartment and condo's) is the requirement for these structures to meet disability requirement. The requirements can add upward of 25% to all units as there is no ability to selectively address individual units. The disability requirements are applied to all new units’ weather they are to be occupied by a person with a disability or not. The additional 25% on a 1500 sq. ft. home is about 375 sq. ft. or a coast of $131,000 in southern California. With Government processing adding 35% to a homes new homes costs have skyrocketed. I see these items as contributing to the present economic problems. Government intervention increases the required size of a home the cost of a home than looks for whys to provide financing these homes and now points the finger at the banks and anyone other than themselves. Homes have historically have been reduced in size during recessions. This is not an anomaly but a predictable function on the housing market.
The other factor which in recent years has contributed to increased housing cost (apartment and condo’s) is the requirement for these structures to meet disability requirement. The requirements can add upward of 25% to all units as there is no ability to selectively address individual units. The disability requirements are applied to all new units’ weather they are to be occupied by a person with a disability or not. The additional 25% on a 1500 sq. ft. home is about 375 sq. ft. or a coast of $131,000 in southern California. With Government processing adding 35% to a homes new homes costs have skyrocketed. I see these items as contributing to the present economic problems. Government intervention increases the required size of a home the cost of a home than looks for whys to provide financing these homes and now points the finger at the banks and anyone other than themselves.

]]> http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/comment-page-1/#comment-284044 Brandon Tue, 21 Oct 2008 19:45:09 +0000 http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/#comment-284044 With the additional expense of heating and furnishing a large house, the cost of driving out to the suburbs, and tighter lending, it makes sense that large suburban homes will become less desirable. With the additional expense of heating and furnishing a large house, the cost of driving out to the suburbs, and tighter lending, it makes sense that large suburban homes will become less desirable.

]]> http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/comment-page-1/#comment-283834 rawdawgbuffalo Tue, 21 Oct 2008 12:39:40 +0000 http://www.therealestatebloggers.com/2008/10/21/shrinking-floorplans-meet-energy-costs-and-buyers-budgets/#comment-283834 Paulson and Bernake like a WWF tagteam. Credit is the problem since we basicall <a href='http://rawdawgb.blogspot.com/2008/10/baroque-period.html' rel="nofollow">broke</a> Paulson and Bernake like a WWF tagteam. Credit is the problem since we basicall broke

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