The End Of McMansions?

The cost of maintaining and furnishing large houses, cost of fuel, interest rates, and land prices may be causing a "downsizing" trend in house sizes across the nation.
October 4, 2005, 8am PDT | Abhijeet Chavan
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"The size of the average American house rose from about 1,500 square feet in 1970 to more than 2,300 square feet in 2001, with a particularly big growth spurt in the late 1990's. But from 2001 to 2004, the growth practically halted...Across the country, developers say they are seeing signs of that shift...even at the high end, where master bedrooms suites the size of tennis courts are common, there are signs that the trend toward bigness has abated."

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Published on Monday, October 3, 2005 in The New York Times
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