Wired has a short article subtitled, “How our technolust helped bring down the housing market.” The article is more sensible than the headline, however—it really focuses on new developments in the housing market, and how expensive it is to retrofit even newly built homes with new (or future) technology: “‘[Remodeling] can be done, but you really need to want it,’ says Kermit Baker, a Harvard economist who studies the remodeling market.” What’s needed, the author argues, is an approach to new home construction that treats homes as dynamic spaces that can be more easily reconfigured to meet the requirements of new owners. Not that anyone is building a home right now, but it’s an interesting thing to keep in mind when you’re ready to leave your shantytown and re-settle in the suburbs.
Build An "Upgradeable" Home
By cwalters December 27, 2007
- home sales Some Banks Offering Tech Employees Mortgages With No Down Payment
- Too Much Debt Too Little Home Study: Housing Market Poised To Lose $83B This Year Because Of Consumers’ Student Loan Debt
- the sharing economy Airbnb Won’t Be Held Liable For Law-Breaking Listings In NYC
- to the limit Cable Exec: Data Caps For All Are Inevitable, “It’s Not If … But When And How”
- look into it Senators Call For Inquiry Into Impact Of Airbnb & Other Short-Term Rentals On Affordable Housing