Comment of the Day: Meno https://www.bradford-delong.com/2019/10/eg-a-growing-problem-in-real-estate-too-many-too-big-houses-wsj.html: "Occasionally you post something like this that reminds us how foreign the USA is to some of us. Mansions, that we get. Rock stars and film moguls need to live somewhere, with their minders, crew, and hangers-on. 2,000 square foot “shacks” at the beach that stand empty most of the year-sure. Lawyers’ families gotta go somewhere on the weekend to take the boat out. It’s the McMansions that are odd. Who the heck buys a 7-bedroom 8,000 square foot house? And why? What does a couple do with all that space? It’s not the price, it’s the size...
#commentoftheday #2019-10-18
