Construction Planning & Management |
Project Management Civil |
Construction Project Management THINKPOT...!!! |
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Activity:
70 views;
last activity : 07 06 2010 20:18:09 +0000
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Facing harsh reality for the first time
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Increased gap between earning potential and cost for homes
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Easy to maintain
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thinking smal is prudence ??
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High expections and low budget .
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As I said earlier in the description the Before recession and After recession period has shown people some harsh reality. Now that the economy has taken a new shape and now people are realizing that prices don't always go up, houses are getting smaller and more practical. Instead of feeding the desire for flash, architects and homebuilders are responding to how families can actually spend time and use space, as well as to new buyers who are getting a new home. "A house is back to being a house". Its as simple as that. what do you think people. |
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The decesion for buying home whether big or small normally depends on affordability at time of buying and to some extent potential for rise in income in upcoming time frame. Due to increased uncertainty today consumers are looking for smaller houses but I think it is temporay phase once outlook becomes more bright people will buck the trend to go for high end bigger houses. |
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its not the issue of requirement or maintenance, only depends on the earning potential & market. Always after market recession everyone will prefer safe business like this, but it will change soon
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Small houses are easy and cheaper to maintain than the big ones. Now a days, the trend of nuclear families is coming up and joint family is going. Because of the small family trend, a family cannot afford to maintain a mansion. Instead, a small house will be better option... |
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smaller the house is lower is the maintenance cost and no really see prices of almost every daily used items are shooting up right from the vegetables to pulses to everything if you don't noticed a broom will cost u now rs.40 which was earlier use to be 10 to 15 rs max so its really difficult to maintain a big house with increasing price pressure from all side.and its wiser also why need a village if u can live in villa(means a big house n small house) with all ur family member comfortably.
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what does one expect .. an employee should take two crores loan and accompanying fringe benefits as mental tension and impending suicide in case of job loss. thinking small is the right thinking in todays times.. |
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Everybody has high expections regarding a house or we can say a dream house .But when it comes to cost its beyond reach. This causes to think small as their pocket doesn't allow to get the dream house. |
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