Originally Posted by
KC2UGV
I beg to differ. Realtors are filled to the brim these days with 3000-5000 sq ft McMansions that they're having a hard time offloading. So, it's what they push. Hard. Not to mention, Realtors are paid a commission based on sales price. A bigger home sells for more money, which means more commission.
What people are waking up to now: Bigger home == more money in upkeep, utilities, etc. Bigger home == Bigger mortgage, which means you're locked in longer, and you've got a bigger debt load. Bigger home == Further away from the urban areas (Generally), which means you're commuting by car, which means more gas money, and longer times spent in cars rather than with family.
There's a reason millennials are eschewing their cars, the big house filled with stuff, and many of the trappings of the boomers. Living small is the new direction we're moving in.