Quote:
Originally Posted by GGG
I think it was fairly common for middle class earners to live in 1000 sqft bungalows without cable and not buy new cars. You can't buy a sub-1000 square foot house anymore. Also Monthly payments for 25 year loans have relatively followed inflation. The housing price increase is mostly driven by cheap interest rates.
I do agree with you that subscriptions did use to exist but I do not believe it is as ubiquitous as today and certainly not as convenient to sign up and have recurring payments just do to payment tech.
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Only because I stumbled upon this a couple days ago…. A Calgary developer has this ‘mini’ 1180ft2 house available in a new desirable suburban community. Home many people’s parents were raised in a home similar to this?
How many people really *
need* a 2500ft2 3 bed, 4 bath, bonus room house?