Replies to post #56835 on Biotech Values

[apljack]

OT: It's just grand being one of the "flyover people". I live in an affluent suburb of Little Rock (pop.180,000) in a 4300 sq ft home that cost $33o K. It was a BARGAIN even before the meltdown; in a neighborhood that sells for $105-$115 sq.ft. The most expensive rehabs of old stately homes in Little Rocks' heights neighborhood go for $25o sq ft, if done well.

There are PLENTY of middle income families who buy homes in middle class neighborhoods around here for $80-90 sq ft. These homes are 1800-2500 sq ft and these are the ones that are selling, not the homes in my neighborhood.

The notion that our society will continue with enlarging the domicile is ridiculous. There are both economic and social limitations to what the middle class can tolerate.

I look for growing influence of LEAD gold and platinum standards in growth in future home building.

aj

[microcapfun]

O/T >>I don't ahve a singel friend my age who has or wants a house over 3500sq ft.<<

I have a friend who has a 4000 sq ft house and a cousin with a 5000 sq ft house. Both are in the San Diego area and both are upper middle class - definitely not what most would consider 'rich'.

I think this is totally ridiculous. Our house is 'only' 3000 sq ft and my wife wants to downsize because we waste too much money on heating - and that's also in Southern California. I can't even imagine heating a 3000 sq ft house in a place that gets snow in the winter. If you insulate too much you get poisoned by radon and household chemicals.

Between global warming and running out of oil & gas, people with big houses are going to eventually get squeezed.

Of course that may take a few decades ...

There are these companies that come to your house and build closets for you so that you can use the space you have more efficiently. Maybe there is a niche for someone to do that with an entire house. I bet most families could do with half as much space if every square foot was efficiently used. E.g. we have a 'bonus room', one of two living rooms and a dining room that are probably used <1% of the time (i.e. < 14.4 minutes/day). Probably 1000 sq ft right there. Makes little sense. We must be idiots.

micro