mcmansionhell
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🕑 Added 2019-03-21 20:55:44 +0000 UTC"McMansions are cancelled" - WSJ
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Jonathan Wallace
And very little of value was lost
SUPRISE! The pic is of a BIGGER and MORE EXPENSIVE house that a couple UPSIZED to. The story is the opposite of what it says it is. The Saltmans got $2.1 million for the home they'd put $1.75 million into. It was 4,200 sq ft. Then they bought a 6,000 sq. ft. house for $1.8. In other words, they made a profit on a McMansion, and then bought a bigger McMansion. Exactly the opposite of the point the article is ostensibly making. The only thing they really traded away was a single floor instead of three. And it's closer to amenities. So what?? They did not downsize.