[GDSOB]

Love the craftsman styled homes.

Around the corner from me is a 20 year old upscale (for the time) development. We traditionally have seen a lot of executive relocations in this neighborhood, but now are choosing some of the newer areas a few miles away. Resale values suck due to these homes nearing the end of the useful life of the roof, windows, driveways, and have outdated kitchens & baths.

Here is the future problem with the McMansions: Can you imagine the costs for replacement of major items on these things? The stretch buyers can't afford it - heck, they didn't have any cash when they bought the house. Unless these developments are located in a desirable area, the next buyers will move on down the road to buy the next trendy house. I don't see alot of upside in resale for them.