Bigger is better, unless told otherwise
July 7, 2009
It seems like bigger is a fundamental American right. While it might be hard to justify on environmental grounds, the big car and the big house are fundamental parts of the American dream.
While the recession might be forcing people to restrain their desires, it seems likely that people will want to continue to live out their dreams once the recession is over. This appears to be the conclusion The Wall Street Journal reached in a recent article on McMansions.
However, the one thing that could change the dream is rising oil prices.
A triple-digit oil price and spiraling energy costs could make the suburban lifestyle obsolete which is where most of the McMansions are located.
Posted by Ed Cotton
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