Gen Y Buyers Prefer Amenities Over Sq. Ft.

Will future home buyers value quality and features over size? Is Sarah Susanka's 15-year old book "The Not So Big House" speaking the language of the next generation of home buyers? Today's HousingWire News feature article says the Gen Y crowd (20-34 year olds) would prefer to live alone and near amenities like restaurants, shopping, theatres, than to live with roommates in a larger residence. To service that sector of the population, a new apartment complex is being built in Glendale, CA, that features dwellings of only 400 sq. ft. but is near a ton of amenities and includes a roof top deck for socialization and a separate deck with hot and cold spas and a fenced dog park. You can read the full article here.