Everything is Bigger in the U.S....Home Sizes, Debt, etc

In an era where size is slowly fading as a symbol of luxury, American builders have a long way to go until our size or efficiency matches those of other countries abroad.

This spring, we reported that the average American home shrank to 2,438 square feet, nearly 100 square feet smaller than its peak in 2007.

Although we typically pride ourselves in being the best of the best, if the measure is who has the largest average living space, we win, but if the measure is efficient living spaces, we have some work to do before we’re competitive. The good news is that sizes are shrinking, even in the Northeast whose square footage spiked more rapidly in recent years than other American regions. Look at the graph above.

Sour economy or not...most Americans seem to think that bigger is better. Though the author of this piece feels that this mentality is nearing its end. What do you think?

Homes in Atlanta, large or small: http://www.anzianorealestate.com/