Big and small choices that we make

I remember reading the book, Boom, Bust, and Echo, by David Foote way back in the mid-1990s and one of the big hairy, scary things he predicted was an eventual collapse in large-form housing. The entire book was based on the premise that the baby boomer generation was so historically large that it was distorting economic and societal behaviors, to the extent that a reckoning would have to eventually occur to absorb the demise of that generation.

Over the last half century, North Americans fell increasingly in love with big houses on big properties further and further away from inner cities. That growth trajectory made sense given family patterns and growth, corporate relocations, job evolution, and changing societal mores.  The expectation and deeply held belief was that one should always aspire to live life larger, and often that meant larger housing. The trick was in making sure you were the not last one holding the bag. Now, along comes this report published in the Atlantic Cities about the next housing crisis. Nobody behind you to buy that big house you’ve owned for 20 or 30 years…yikes.

I’m glad I live small here:

esplanade

…. and not big here:

Detroit mansion

About Peter Armaly
I get jazzed by automation, big data, and blockchain tech. Business, technology, and fitness are things I understand. Scotch, wine, food, and fiction are things I appreciate.

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