Aatube@kbin.melroy.org to Fuck Cars@lemmy.world · 9 days agoThe McMansion effect: Positional externalities in U.S. suburbswww.sciencedirect.comexternal-linkmessage-square1fedilinkarrow-up131arrow-down12file-text
arrow-up129arrow-down1external-linkThe McMansion effect: Positional externalities in U.S. suburbswww.sciencedirect.comAatube@kbin.melroy.org to Fuck Cars@lemmy.world · 9 days agomessage-square1fedilinkfile-text
paywalled, but slightly interesting just from the highlights. Proposes restriction on building size in zoning laws.
minus-squareBeryl@jlai.lulinkfedilinkEnglisharrow-up6·9 days agoHighlights • The size of very large houses dramatically increased since 1980, leading to a “McMansion effect.” • Homeowners’ satisfaction drops with nearby McMansions, but not neighborhood satisfaction. • In response to the “McMansion effect”, homeowners enlarge homes and incur more debt. • Isolated McMansions or those built before move-in don’t affect satisfaction or behavior. • Zoning laws limiting maximum house sizes could enhance welfare by reducing pressure to upscale homes.
Highlights
•
The size of very large houses dramatically increased since 1980, leading to a “McMansion effect.”
•
Homeowners’ satisfaction drops with nearby McMansions, but not neighborhood satisfaction.
•
In response to the “McMansion effect”, homeowners enlarge homes and incur more debt.
•
Isolated McMansions or those built before move-in don’t affect satisfaction or behavior.
•
Zoning laws limiting maximum house sizes could enhance welfare by reducing pressure to upscale homes.