Aatube@kbin.melroy.org to Fuck Cars@lemmy.world · 1 day agoThe McMansion effect: Positional externalities in U.S. suburbswww.sciencedirect.comexternal-linkmessage-square1fedilinkarrow-up130arrow-down12file-text
arrow-up128arrow-down1external-linkThe McMansion effect: Positional externalities in U.S. suburbswww.sciencedirect.comAatube@kbin.melroy.org to Fuck Cars@lemmy.world · 1 day agomessage-square1fedilinkfile-text
paywalled, but slightly interesting just from the highlights. Proposes restriction on building size in zoning laws.
minus-squareBeryllinkfedilinkEnglisharrow-up6·1 day 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
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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.