Are we building smaller homes because of the recession?



  1. 0 Votes

    Over the last 40 years, the size of homes has steadily increased, with the exception of during recession periods, when it has leveled out or decreased slightly.  At the moment, we are experiencing the first decline in the upward trend in the last fifteen years.  This is probably a result of the recession, causing people to adopt the mentality that less is more.  When the recession began, experts estimated that the size of homes would continue to rise once the recession ended, to correspond with the steady rise in population we are always experiencing.  Others say that now, the desire for excess is less pervasive, and the size of homes might continue to decline.

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