Exactly which segment of Americans are buying "larger homes", rod?
I design homes and not one I've done in six years are for "average income" Americans, except for a replacement in a burnout case (1).
Not one home I've done in the past six years has been less than $200k.
The "people" you may be referring to have had to migrate to mobile castles in lieu of conventionally constructed homes. Would you not consider that "downward"?
"I design homes and not one I've done in six years are for "average income" Americans, except for a replacement in a burnout case (1).
Not one home I've done in the past six years has been less than $200k."
Around here, even a townhouse in a "crime ridden neighborhood" will cost $220K. The average income is also similarly high.
Were I to base my ideas of what sort of jobs Americans do and do not do on this (skewed) area, yes, I would have to come to the conclusion that Americans don't want to do "those sorts of jobs".
I might also come to the conclusion, based on what I see getting built around here, that Americans are indeed moving to larger houses.
But I know full well that Northern Virginia isn't like the rest of the country.
That's only about a thousand dollars monthly P&I.
I can hear the dozers now clearing the land behind my house for a large subdivision where the homes in one section will start at Three and 1/2 Million dollars.
Maybe the reason people here can afford them is because we have a large immigrant labor force fueling our prosperity.