WTF Just Happened To Home Prices?! Episode 17

HOMES ARE GETTING LARGER In the 1950s, starter homes averaged 983 square feet and were extremely basic with no air conditioning, minimal amenities, and tiny lots. Today, buyers expect more than 2,700 square feet, multiple bathrooms, garages, efficient windows, and luxury level features as the minimum standard. Cultural preferences shifted toward larger homes, reducing the share of true entry level homes from about 40 percent in the 1980s to about 9 percent today.