Tag Archives: Did Builders Overbuild Oversized Houses?

Forty-three percent of Americans like big, suburban homes, but the majority prefers condos, apartments, and smaller homes, Chris Nelson, who heads the University of Utah’s Metropolitan Research Center, said at a smart growth conference this week. Nelson said that there needs to be less building of large homes and more concentration on constructing smaller houses and attached residences to meet future demand. “Is it any wonder that suburban homes are plummeting in price, because there is far less demand of those homes than in the past?” Nelson told a crowd […]